Complicating this effort is the fact that, unlike in 1997-2002, China cannot absorb overcapacity by stimulating real-estate investment and exports. And no one knows whether the much-discussed “innovative industries” can have the impact that real-estate investment and exports did – not least because there is so much excess capacity in the traditional industries.
让局面更加复杂的是以下事实：与1997—2002年间不同，如今中国无法通过刺激房地产投资和出口吸收过剩产能。也没人知道被热议的“创新产业”是否能够形成与昔日的房地产投资和出口等量齐观的影响力——因为传统行业的产能过剩情况实在太严重了。