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国务院在2004年4月27日发出的通知中提出,适当提高钢铁,电解铝,水泥,房地产开发等固定资产项目资本金比例,其中,钢铁由25%及以上提高到40%及以上,水泥,电解铝,房地产开发(不含经济适用房项目)均由20%及以上提高到35%及以上。此举普遍被认为是对已经露头的经济过热现象的一种反击。在我看来,所谓的中国经济“过热”其实是一种结构性过热而非全面的过热,而
In a circular issued on April 27, 2004, the State Council proposed that the proportion of capital in fixed assets such as steel, electrolytic aluminum, cement and real estate development should be increased as appropriate, of which the proportion of steel and iron increased from 25% or more to 40% or above. The proportion of cement, Electrolytic aluminum, real estate development (excluding affordable housing projects) by 20% and above increased to 35% and above. The move is widely seen as a counterattack over the already overheated economy. In my opinion, the so-called “overheating” of the Chinese economy is actually a structural overheating rather than a full overheating.