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系统性经济风险因素并非独立运动,而往往是相互交结,相互正反馈地起到推进作用。由于轻视西方贸易逆差和知识产权保护的力度,中国重新陷入西方的贸易、技术、产业与金融围剿。而土地财政和政府主导投融资体制推高的房地产泡沫,已经造成改革红利消失、制造成本上升、服务业难以发展、就业结构畸形等困境。另外,利益集团固化造成资源垄断和改革踯躅不前的现状,更致中国难以融入新一轮全球产业结构调整,难以在全球均
Systematic economic risk factors are not independent movements, but tend to intersect with each other and play a positive role in promoting each other. Due to despising the western trade deficit and the protection of intellectual property rights, China has once again plunged into Western trade, technology, industry and finance encirclement and suppression. However, the real estate bubble in which the land finance and government-led investment and financing systems have caused the disappearance of the reform bonus, the rise in manufacturing costs, the hard-to-develop service industry and the malformation of the employment structure. In addition, the status quo of the monopoly of resources and the untidy reform of interest groups caused by the consolidation of interest groups makes it even more difficult for China to integrate into the new round of global industrial restructuring.