中国经济、全球经济都有近忧,更有远虑。近忧,无非是经济下滑。经济有两种衰退与复苏的轨迹。一种就是你不刺激,或者很少刺激,肯定是降幅很大,之后可能出现一个微型的反弹。一种是大力刺激,最终可能经济下降的幅度可以浅一些,但是最终调整的过程,所谓复苏的过程将是漫长的,这个过程当中可能我们使得原来导致危机的因素有可能进一步恶 China’s economy and the global economy have both worries and even more worries. Nearly worry, nothing more than the economic downturn. There are two types of economic recession and recovery trajectory. One is that you do not stimulate, or rarely stimulate, is certainly a significant decline, after which there may be a mini-rebound. One is vigorously stimulating, and the possible economic downturn may be less in the end. However, the process of final adjustment and the so-called process of recovery will be long. In the process, we may make the original factors that led to the crisis be worse.