In most of the advanced world, investment amounts to little more than 15% of GDP, compared to close to 45% for China. Financial markets are thus even more important for China than for the US or Europe, and there are clear signs that the productivity of investment has been declining rapidly in China.
吸引了最多关注的领域是金融业，这不是没有原因的。在大部分发达国家，投资不会超过GDP的15%，而中国接近45%。因此，金融市场对中国的重要性甚至比美国和欧洲还要高，并且有清晰的信号表明中国的投资生产率在快速下降。