Never mind the quantity, feel the quality. Like the communiqué issued at the conclusion of the Communist Party’s annual plenary session last weekend, Thursday’s statement from China’s National Bureau of Statistics, presenting third-quarter data, was full of good stuff about adjustment of economic structures, and prioritising reform over absolute growth. Observers are invited to conclude that the credit and investment boom that kept China ticking over through the crisis was a quick fix; a more sustainable balance of consumption, investment and net exports is just around the corner.
別管數量了，感覺一下質量吧。與中國共產黨上周末在其年度會議結束時發布的公報一樣，中國國家統計局(National Bureau of Statistics)昨日發布的三季度數據報告，充滿了經濟結構正在調整、將改革置于絕對增長之上這類的好消息。觀察人士們很容易得出這樣的結論：讓中國經濟在危機期間仍保持運轉的信貸與投資熱，僅僅是權宜之計；消費、投資與凈出口將很快達到一個更可持續的平衡。