Excess capacity and falling growth are mutually reinforcing. Not only does excess capacity have a negative impact on growth; perhaps more important, sharply declining growth also contributes to massive redundancy in some industries (especially resources and the heavy and chemical industries).
产能过剩和增长下降是互相强化的。不仅产能过剩对增长具有消极影响，也许更重要的是，急剧下降的增长也会导致某些行业的大规模冗余（特别是资源业、重工业和化工业）。