If implemented fully, the current round of reforms would have a far-reaching impact on China’s political economy, because they shift the balance of power from officials to markets. This would enable China to continue its ascent toward high-income status, improving the wellbeing of millions of its citizens along the way.
如果能够充分实施，当前的改革措施将对中国政治经济产生深远影响，因为它们改变了权力平衡，让它从官员手中转移到市场手中。这可以让中国继续朝高收入国家行列迈进，并在此过程中改善数百万人民的福利。