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Yifu Lin: after 4 trillion, China's infrastructure investment is still insufficient

Time:2017/6/6Posted:Tianjin Huantong Detection Technology Co., Ltd.

Even after the implementation of 4 trillion in 2008 Chinese stimulus plan, vigorously develop the infrastructure under the current infrastructure construction is still Chinese unsaturated, but insufficient, "honorary president of the National Development Research Institute of Peking University former World Bank Senior Vice President Yifu Lin at the 2013 Boao forum said.
The following is the relevant text record:
Yifu Lin: I think it's very important. I think the debate is very important. In the course of the argument, we can draw on the wisdom of each other to enhance our understanding of the nature of the phenomenon. I personally agree that there is a lot of debate and debate, which is much better than public opinion. Since 2008, as a result of the international financial crisis, China introduced the 4 trillion fiscal policy, which covered many highways and other infrastructure, and China's infrastructure is not excessive? I think the infrastructure between the city and the city is really improved a lot, for example China land area and the United States almost is U.S. Highway 95 thousand kilometers, now, the highway is more than 90 thousand kilometers, and the first 98 years of fiscal policy before, Zhu Rongji was the first to speak of this economic and fiscal policy, but also to build a railway, highway. The total mileage of expressways in the mainland of China was 4700 km in 98 years, and it improved a lot at that time.
Yifu Lin: is China's infrastructure saturated? This problem is very simple, please go to Beijing, Shanghai, Guangzhou to take a subway to know, in the end Chinese infrastructure is insufficient or excessive, or to the main city driving, you know, in the end Chinese infrastructure is excessive or inadequate. I believe there is still a lot of room for improvement, but why should I stress investment in the future of China? I think the consumer is important, but not as to the future development of Chinese driving force, because we know China economic development, it is based on the level of labor productivity continues to improve, the level of labor productivity must be improved by continuous innovation in the industry inside existing technology.


(来源:互联网)

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