摘要
Justin Yifu Lin,former World Bank Chief Economist and Senior Vice President,argues that the real driving force of sustained economic growth is investment rather than consumption.
CURRENTLY, ＂consumptiondriven growth＂ is overwhelmingly popular in China＇s economic circle, while the term ＂investment＂ is becoming a negative one. Even worse, some online commentators are citing ＂investment＂ as the cause of every problem in the Chinese economy. In spite of this trend, I am with the mi- nority still placing importance on invest- ment.
