This means that it will need to overhaul its state-owned firms and the financial sector so that resources can flow to the most productive investment projects. Lowering the tax burden on firms – including the payroll tax – would also be useful.
中国经济是否能够继续高速增长更多地取决于其改革能力，而非股市表现如何。如果中国想实现长期繁荣，那么提升总体生产率是关键。这意味着中国需要整顿国有企业和金融部门，使资源能够流向生产率最高的投资项目。降低企业税负——包括工资税——也十分有用。