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2003年中国GDP高速增长具有恢复性增长和补偿性增长性质,属于从经济萧条到经济繁荣的经济周期形态转换过程中的经济扩张初级阶段,总体上并不存在经济过热现象。中国宏观经济政策应该保持其连续性与稳定性,避免政策指导方针从计划经济时代的“速度饥渴”转变为市场经济时代的“速度恐慌”,发生非理性经济萧条。在2003—2004年间经济周期扩张初期,中国经济应该继续采取适度扩张的需求管理政策取向,通过增加国内投资需求,保持国民经济的持续快速增长,逐步建立以增加国内投资需求为轴心的宏观经济政策体系。
In 2003, the rapid growth of China’s GDP possessed the characteristics of restorative growth and compensatory growth, belonging to the initial stage of economic expansion during the transition from the economic depression to the economic prosperity. In general, there was no overheating in economy. China’s macroeconomic policies should maintain their continuity and stability, avoid the policy guidelines from the “speed thirst” in the era of planned economy to the “speed panic” in the market economy era, and lead to the irrational economic recession. During the initial period of economic expansion in 2003-2004, China’s economy should continue to adopt a moderately-expanded demand management policy orientation. By increasing domestic investment demand, maintaining a sustained and rapid growth of the national economy and gradually establishing a macroeconomic environment centered on increasing domestic investment demand Policy system.