结构性改革必然困难,并触动既得利益。但是在全球经济一片低迷,各国政府的政策多不得要领之时,如果我们能够突破体制瓶颈,率先改革的话,这将是民族复兴的一次罕见机遇。中国经济增长触底回升,已经成为共识。不少市场人士认为,经济的持续改善已上正轨,中国进入了一个新的增长周期。笔者认为,这是一个伪周期,是前一个周期的延续,而非新的周期的开始。以笔者的观察,民间的经济活动并没有随着GDP的 Structural reforms are inevitable and touch vested interests. However, at a time when the global economy is in a slump and the policies of various governments are unaffordable, if we can break the institutional bottleneck and take the lead in reform, this will be a rare opportunity for national rejuvenation. The bottoming out of China’s economic growth has become a consensus. Many market participants believe that the continuous improvement of the economy is on track and that China has entered a new growth cycle. The author believes that this is a pseudo-cycle, is a continuation of the previous cycle, rather than the beginning of a new cycle. In the author’s observation, non-governmental economic activities did not follow the GDP