The key to realizing that opportunity lies in access to Chinese markets – all the more significant in light of China’s upcoming pro-consumption rebalancing. Historically, China has had an open development model, with imports running at 28% of GDP since 2002 – nearly three times Japan’s 10% import ratio during its high-growth era (1960-1989).
抓住这一机会的关键在于进入中国市场——特别是借中国即将支持消费以实现再平衡的东风。从历史上看，中国已经形成了开放发展模式，自2002年以来进口相当于GDP的28%，是日本高增长时期（1960—1989年）10%的近三倍。因此，在国内需求增量给定的情况下，中国偏向外部资源的倾向要强得多。