China is entering upon a difficult transition to both lower growth and a different pattern of growth. This is the conclusion I drew from this year’s China Development Forum in Beijing. Moreover, it is likely to be a political as well as an economic transition. These two transitions will also interact with one another in complex ways. The past record of economic success, under Communist party rule, does not guarantee a comparably successful future.
中國正步入一個艱難的轉型期，既要降低經濟增速，又要改變增長模式。這是我從今年在北京召開的中國發展高層論壇(China Development Forum)得出的結論。此外，這可能既是一種經濟轉型，又是一種政治轉型，這兩種轉型還將以復雜的方式互相作用。中國過去在共產黨領導下所取得的經濟成就，不一定確保未來會同樣成功。
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