The government must now dispel the remaining vestiges of the stimulus-fueled over-investment of 2008-2010, however painful it may be. This means allowing the economy to continue to slow, while maintaining relatively tight macroeconomic policies that force local governments and the business sector to find new sources of growth.
无论多么痛苦，政府现在必须消除2008-2010年因刺激计划导致的过度投资。这意味着在允许经济持续放缓的同时保持宏观政策面相对偏紧，从而迫使地方政府及企业部门找到新的增长点。