But income growth and demographics do not explain everything. After all, the virtuous circle of high savings and rapid growth operates more strongly in China than in other developing countries where incomes are rising and birth rates are falling.
但收入增长和人口变化也并非全部因素。归根结底，尽管收入增长、生育率下降是中国和很多发展中国家的共同特色，但高储蓄快增长的良性循环在中国的发展势头远比其他发展中国家更为强劲。