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中国产能过剩是周期性的现象,更是结构性的现象。本文认为,国有企业的大量存在妨碍和延迟了不少行业的自发出清过程,也是导致产能过剩难以克服的重要原因。
China’s overcapacity is a cyclical phenomenon, but also a structural phenomenon. This paper argues that the large presence of state-owned enterprises hindered and delayed the spontaneous clearance of many industries, which is also an important reason that overcapacity is hard to overcome.