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从投资驱动走向效益驱动的中国经济增长

发布于 2021-07-07

<section data-tools-id="90691" style="padding-right: 15px;padding-left: 15px;max-width: 100%;overflow: hidden;color: rgb(0, 0, 0);font-size: 16px;text-align: start;white-space: normal;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><section style="margin: 10px;max-width: 100%;display: flex;flex-direction: column;align-items: center;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><section style="font-family: &quot;Helvetica Neue&quot;, Helvetica, &quot;Hiragino Sans GB&quot;, &quot;Microsoft YaHei&quot;, Arial, sans-serif;margin-bottom: 10px;margin-left: 20px;max-width: 100%;width: 23px;align-self: flex-start;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><br /></section><section data-role="outer" label="Powered by 135editor.com" style="font-family: &quot;Helvetica Neue&quot;, Helvetica, &quot;Hiragino Sans 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data-src="https://mmbiz.qpic.cn/mmbiz_png/AJkYaTAujIzYkyCR8gqlt6ZJJynwTEe8yvZhs0Y0c3ONSbKVq0FJAjCrXBatmXu7gXnIktjEYfjW70wDKtgLjw/640?wx_fmt=png" data-type="png" data-w="620" style="box-sizing: border-box;height: 118px;caret-color: rgb(255, 0, 0);text-indent: 36px;width: 359px;" /><br /></p></section></section></section></section></section><section style="margin: 5px 8px;max-width: 100%;box-sizing: border-box;color: rgb(0, 0, 0);font-size: 14px;letter-spacing: 1px;background-color: rgb(255, 255, 255);text-align: right;justify-content: flex-end;line-height: 1.5em;overflow-wrap: break-word !important;"><section style="box-sizing: border-box;max-width: 100%;display: inline-block;width: 100%;vertical-align: top;height: auto;border-width: 0px;overflow-wrap: break-word !important;"><section style="max-width: 100%;box-sizing: border-box;text-align: justify;font-family: Optima-Regular, PingFangTC-light;overflow-wrap: break-word !important;"><p style="text-align:center;margin: 5px 15px;max-width: 100%;min-height: 1em;max-inline-size: 100%;cursor: text;font-size: 18px;caret-color: rgb(255, 0, 0);letter-spacing: 2px;line-height: 1.5em;box-sizing: border-box !important;overflow-wrap: break-word !important;outline: none 0px !important;"><br /></p><p style="text-align:right;max-width: 100%;min-height: 1em;max-inline-size: 100%;cursor: text;font-size: 18px;letter-spacing: -1px;caret-color: rgb(255, 0, 0);box-sizing: border-box !important;overflow-wrap: break-word !important;outline: none 0px !important;"><img data-ratio="0.391304347826087" data-src="https://mmbiz.qpic.cn/mmbiz_png/AJkYaTAujIwS5riabx0rDcDAxFuaqlIxVurjXAeJskWASvFDERUugCicGF9fyzV8u9OQTwuic4qsuI8aKVp38aj5g/640?wx_fmt=png" data-type="png" data-w="23" style="font-size: 16px;text-align: left;text-indent: 28px;widows: 1;caret-color: rgb(102, 102, 102);font-family: &quot;Helvetica Neue&quot;, Helvetica, &quot;Hiragino Sans GB&quot;, &quot;Microsoft YaHei&quot;, Arial, sans-serif;letter-spacing: 0.544px;vertical-align: bottom;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;" /><br /></p></section></section></section></section><section style="padding: 20px;max-width: 100%;border-width: 2px;border-style: solid;border-color: rgb(19, 52, 124);border-radius: 10px;background: rgb(239, 235, 254);box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><p style="font-family: &quot;Helvetica Neue&quot;, Helvetica, &quot;Hiragino Sans GB&quot;, &quot;Microsoft YaHei&quot;, Arial, sans-serif;max-width: 100%;min-height: 1em;font-size: 13px;color: rgb(19, 52, 124);text-align: justify;z-index: 10;line-height: 1.75em;letter-spacing: 1.5px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-size: 14px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 等线;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 微软雅黑;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">回看过去,在</span></span></span><span style="max-width: 100%;font-family: 微软雅黑, serif;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">2009</span><span style="max-width: 100%;font-family: 等线;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 微软雅黑;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">年吴敬琏、厉以宁、李扬、刘世锦等中国众多著名经济学家曾聚首“未来</span></span></span><span style="max-width: 100%;font-family: 微软雅黑, serif;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">10</span><span style="max-width: 100%;font-family: 等线;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 微软雅黑;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">年中国经济走向”高峰论坛,从不同角度出发为未来中国经济会诊,集中提出了四大重要警示。其中最后一个警示为:政府主导投资驱动型的中西部要防止成为第三个“美左桥诺”。</span></span></span></span></p><p style="font-family: &quot;Helvetica Neue&quot;, Helvetica, &quot;Hiragino Sans GB&quot;, &quot;Microsoft YaHei&quot;, Arial, sans-serif;max-width: 100%;min-height: 1em;font-size: 13px;color: rgb(19, 52, 124);text-align: justify;z-index: 10;line-height: 1.75em;letter-spacing: 1.5px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-size: 14px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 等线;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 微软雅黑;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">那我们在现今这个时点来看,中国的</span></span></span><span style="max-width: 100%;font-family: 微软雅黑, serif;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">GDP</span><span style="max-width: 100%;font-family: 等线;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 微软雅黑;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">增长是否依旧高度依赖投资,中国的经济增长方式是否有所转变。</span></span></span></span></p><p style="font-family: &quot;Helvetica Neue&quot;, Helvetica, &quot;Hiragino Sans GB&quot;, &quot;Microsoft YaHei&quot;, Arial, sans-serif;max-width: 100%;min-height: 1em;font-size: 13px;color: rgb(19, 52, 124);text-align: justify;z-index: 10;line-height: 1.75em;letter-spacing: 1.5px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="font-size: 18px;"><strong><span style="max-width: 100%;font-family: 微软雅黑;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"></span></strong></span></p><p style="font-family: &quot;Helvetica Neue&quot;, Helvetica, &quot;Hiragino Sans GB&quot;, &quot;Microsoft YaHei&quot;, Arial, sans-serif;max-width: 100%;min-height: 1em;font-size: 13px;color: rgb(19, 52, 124);text-align: justify;z-index: 10;line-height: 1.75em;letter-spacing: 1.5px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="font-size: 18px;"><strong><span style="max-width: 100%;font-family: 微软雅黑;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">一、全国整体视角</span></strong></span><span style="max-width: 100%;font-size: 14px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><br style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;" /><span style="max-width: 100%;font-family: 微软雅黑;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">从过去十年的固定资产投资和</span><span style="max-width: 100%;font-family: 微软雅黑, serif;">GDP</span><span style="max-width: 100%;font-family: 微软雅黑;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">的比例关系来看,全国的经济发展可以分为两个阶段。</span></span></p><p style="max-width: 100%;min-height: 1em;font-size: 13px;color: rgb(19, 52, 124);text-align: justify;z-index: 10;line-height: 1.75em;letter-spacing: 1.5px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-size: 14px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="font-family: 微软雅黑;max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"></span><span style="font-family:微软雅黑;"><br style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;" /></span><span style="font-family: 微软雅黑;max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">第一阶段为</span><span style="font-family: 微软雅黑, serif;max-width: 100%;">2011-2015</span><span style="font-family: 微软雅黑;max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">年:此阶段全国投资</span><span style="font-family: 微软雅黑, serif;max-width: 100%;">/GDP</span><span style="font-family: 微软雅黑;max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">比例持续走高,五年时间占比上升了</span><span style="font-family: 微软雅黑, serif;max-width: 100%;">10</span><span style="font-family: 微软雅黑;max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">个百分点,虽然</span><span style="font-family: 微软雅黑, serif;max-width: 100%;">GDP</span><span style="font-family: 微软雅黑;max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">持续增长,但投资效率持续下降;第二阶段为</span><span style="font-family: 微软雅黑, serif;max-width: 100%;">2015-2020</span><span style="font-family: 微软雅黑;max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">年:此阶段全国投资</span><span style="font-family: 微软雅黑, serif;max-width: 100%;">/GDP</span><span style="font-family: 微软雅黑;max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">比例持续走低,五年时间占比下降了</span><span style="font-family: 微软雅黑, serif;max-width: 100%;">6</span><span style="font-family: 微软雅黑;max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">个百分点,投资效率持续上升,经济发展水平逐步提高。</span></span></p><p style="max-width: 100%;min-height: 1em;font-size: 13px;color: rgb(19, 52, 124);text-align: justify;z-index: 10;line-height: 1.75em;letter-spacing: 1.5px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-size: 14px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="font-family: 微软雅黑;max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"></span><span style="font-family:微软雅黑;"><br style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;" /></span><span style="font-family: 微软雅黑;max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">以史观今,从历史发展的中国经济增长方式由投资驱动逐步转向投资</span><span style="font-family: 微软雅黑, serif;max-width: 100%;">+</span><span style="font-family: 微软雅黑;max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">效益驱动推测,预计未来中国经济增长方式将最终走向效益驱动。</span></span></p></section><section style="font-family: &quot;Helvetica Neue&quot;, Helvetica, &quot;Hiragino Sans GB&quot;, &quot;Microsoft YaHei&quot;, Arial, sans-serif;margin-top: -27px;margin-right: -10px;max-width: 100%;width: 66px;align-self: flex-end;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><img data-ratio="0.6060606060606061" data-src="https://mmbiz.qpic.cn/mmbiz_png/AJkYaTAujIwS5riabx0rDcDAxFuaqlIxVicM4HK9mHc0XEwyxpu5kvj8yudB9kratZ9JibXsoSricWuvqQCoImYBWw/640?wx_fmt=png" data-type="png" data-w="66" style="vertical-align: top;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;" /></section></section></section><section style="padding-right: 15px;padding-left: 15px;max-width: 100%;overflow: hidden;color: rgb(0, 0, 0);font-family: &quot;Helvetica Neue&quot;, Helvetica, &quot;Hiragino Sans GB&quot;, &quot;Microsoft YaHei&quot;, Arial, sans-serif;font-size: 16px;text-align: start;white-space: normal;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><section style="max-width: 100%;text-align: center;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><img data-ratio="0.5619834710743802" data-src="https://mmbiz.qpic.cn/mmbiz_png/AJkYaTAujIwS5riabx0rDcDAxFuaqlIxVFLINnficFafcaIrMZFMHabYhZ0FCU9ib6gFqibhicFfYMsDFeYKNura9mA/640?wx_fmt=png" data-type="png" data-w="605" style="box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;" /></section><p style="max-width: 100%;min-height: 1em;text-align: center;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><br style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;" /></p></section><section data-tools-id="86054" style="padding-right: 15px;padding-left: 15px;max-width: 100%;overflow: hidden;color: rgb(0, 0, 0);font-family: &quot;Helvetica Neue&quot;, Helvetica, &quot;Hiragino Sans GB&quot;, &quot;Microsoft YaHei&quot;, Arial, sans-serif;font-size: 16px;text-align: start;white-space: normal;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><section style="margin: 10px;max-width: 100%;display: flex;flex-direction: column;align-items: center;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><section style="margin-bottom: 10px;margin-left: 20px;max-width: 100%;width: 23px;align-self: flex-start;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><img data-ratio="0.391304347826087" data-src="https://mmbiz.qpic.cn/mmbiz_png/AJkYaTAujIwS5riabx0rDcDAxFuaqlIxVurjXAeJskWASvFDERUugCicGF9fyzV8u9OQTwuic4qsuI8aKVp38aj5g/640?wx_fmt=png" data-type="png" data-w="23" style="vertical-align: bottom;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;" /></section><section style="padding: 20px;max-width: 100%;border-width: 2px;border-style: solid;border-color: rgb(19, 52, 124);border-radius: 10px;background: rgb(239, 235, 254);box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><p style="max-width: 100%;min-height: 1em;font-size: 13px;color: rgb(19, 52, 124);text-align: justify;z-index: 10;line-height: 1.75em;letter-spacing: 1.5px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><strong><span style="font-family: 等线;max-width: 100%;font-size: 17px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">二、区域结构视角</span></strong><span style="max-width: 100%;font-size: 14px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><br style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;" /><span style="max-width: 100%;font-family: 微软雅黑;">从</span><span style="max-width: 100%;font-family: 微软雅黑, serif;">2020</span><span style="max-width: 100%;font-family: 微软雅黑;">年全国地区固定资产投资</span><span style="max-width: 100%;font-family: 微软雅黑, serif;">/GDP</span><span style="max-width: 100%;font-family: 微软雅黑;">比例分布去看,我们发现:</span><br style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;" /><span style="max-width: 100%;font-family: 微软雅黑, serif;">1</span><span style="max-width: 100%;font-family: 微软雅黑;">、青海、西藏、广西、江西、河北、陕西、贵州七大区域这一比例超过</span><span style="max-width: 100%;font-family: 微软雅黑, serif;">100%</span><span style="max-width: 100%;font-family: 微软雅黑;">,最高的青海省这一数值高达</span><span style="max-width: 100%;font-family: 微软雅黑, serif;">126%</span><span style="max-width: 100%;font-family: 微软雅黑;">,这些地方</span><span style="max-width: 100%;font-family: 微软雅黑, serif;">GDP</span><span style="max-width: 100%;font-family: 微软雅黑;">增长严重依赖投资驱动,经济结构失衡,这可能也会导致一个恶性循环,当投资拉动效应边际递减,就需要更多的投资和更高的投资比例去维持地区的</span><span style="max-width: 100%;font-family: 微软雅黑, serif;">GDP</span><span style="max-width: 100%;font-family: 微软雅黑;">增长,这些地区亟需着力推进经济增长方式转变。</span></span></p><p style="max-width: 100%;min-height: 1em;font-size: 13px;color: rgb(19, 52, 124);text-align: justify;z-index: 10;line-height: 1.75em;letter-spacing: 1.5px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-size: 14px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 等线;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 微软雅黑;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">而这一比例最低的两个地区分别是北京、占比</span></span></span><span style="max-width: 100%;font-family: 微软雅黑, serif;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">22%</span><span style="max-width: 100%;font-family: 等线;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 微软雅黑;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">以及上海、占比</span></span></span><span style="max-width: 100%;font-family: 微软雅黑, serif;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">23%</span><span style="max-width: 100%;font-family: 等线;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 微软雅黑;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">,其产业发展成熟、资本效率高。</span></span></span></span></p></section><section style="margin-top: -27px;margin-right: -10px;max-width: 100%;width: 66px;align-self: flex-end;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><img data-ratio="0.6060606060606061" data-src="https://mmbiz.qpic.cn/mmbiz_png/AJkYaTAujIwS5riabx0rDcDAxFuaqlIxVicM4HK9mHc0XEwyxpu5kvj8yudB9kratZ9JibXsoSricWuvqQCoImYBWw/640?wx_fmt=png" data-type="png" data-w="66" style="vertical-align: top;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;" /></section></section></section><section style="padding-right: 15px;padding-left: 15px;max-width: 100%;overflow: hidden;color: rgb(0, 0, 0);font-family: &quot;Helvetica Neue&quot;, Helvetica, &quot;Hiragino Sans GB&quot;, &quot;Microsoft YaHei&quot;, Arial, sans-serif;font-size: 16px;text-align: start;white-space: normal;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><section style="max-width: 100%;text-align: center;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><img data-ratio="0.5619834710743802" data-src="https://mmbiz.qpic.cn/mmbiz_png/AJkYaTAujIwS5riabx0rDcDAxFuaqlIxVTcJibxk9kGv3j2ialZiaCIAyEV7SJ7h5dPnZP4hjbAiaoiapFDHRJcLUh1w/640?wx_fmt=png" data-type="png" data-w="605" style="box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;" /></section><p style="max-width: 100%;min-height: 1em;text-align: center;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><br style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;" /></p></section><section data-tools-id="55889" style="padding-right: 15px;padding-left: 15px;max-width: 100%;overflow: hidden;color: rgb(0, 0, 0);font-family: &quot;Helvetica Neue&quot;, Helvetica, &quot;Hiragino Sans GB&quot;, &quot;Microsoft YaHei&quot;, Arial, sans-serif;font-size: 16px;text-align: start;white-space: normal;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><section style="margin: 10px;max-width: 100%;display: flex;flex-direction: column;align-items: center;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><section style="margin-bottom: 10px;margin-left: 20px;max-width: 100%;width: 23px;align-self: flex-start;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><img data-ratio="0.391304347826087" data-src="https://mmbiz.qpic.cn/mmbiz_png/AJkYaTAujIwS5riabx0rDcDAxFuaqlIxVurjXAeJskWASvFDERUugCicGF9fyzV8u9OQTwuic4qsuI8aKVp38aj5g/640?wx_fmt=png" data-type="png" data-w="23" style="vertical-align: bottom;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;" /></section><section style="padding: 20px;max-width: 100%;border-width: 2px;border-style: solid;border-color: rgb(19, 52, 124);border-radius: 10px;background: rgb(239, 235, 254);box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><p style="max-width: 100%;min-height: 1em;font-size: 13px;color: rgb(19, 52, 124);text-align: justify;z-index: 10;line-height: 1.75em;letter-spacing: 1.5px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-size: 14px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 微软雅黑, serif;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">2</span><span style="max-width: 100%;font-family: 等线;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 微软雅黑;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">、从地理空间分布来看,东南沿海地区占比明显更低,中部以及西部地区占比更高。</span></span></span></span></p><p style="max-width: 100%;min-height: 1em;font-size: 13px;color: rgb(19, 52, 124);text-align: justify;z-index: 10;line-height: 1.75em;letter-spacing: 1.5px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-size: 14px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 等线;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 微软雅黑;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><br /></span></span></span></span></p><p style="max-width: 100%;min-height: 1em;font-size: 13px;color: rgb(19, 52, 124);text-align: justify;z-index: 10;line-height: 1.75em;letter-spacing: 1.5px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-size: 14px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 等线;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 微软雅黑;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">占比处于最低梯队的为北京、上海、广东、山西以及辽宁五大地区。其中北京、上海、广东占比低,其</span></span></span><span style="max-width: 100%;font-family: 微软雅黑, serif;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">GDP</span><span style="max-width: 100%;font-family: 等线;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 微软雅黑;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">规模也高;而山西以及辽宁占比也低,但其</span></span></span><span style="max-width: 100%;font-family: 微软雅黑, serif;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">GDP</span><span style="max-width: 100%;font-family: 等线;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 微软雅黑;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">规模则相对较低。</span></span></span></span></p><p style="max-width: 100%;min-height: 1em;font-size: 13px;color: rgb(19, 52, 124);text-align: justify;z-index: 10;line-height: 1.75em;letter-spacing: 1.5px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-size: 14px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 等线;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 微软雅黑;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><br /></span></span></span></span></p><p style="max-width: 100%;min-height: 1em;font-size: 13px;color: rgb(19, 52, 124);text-align: justify;z-index: 10;line-height: 1.75em;letter-spacing: 1.5px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-size: 14px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 等线;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 微软雅黑;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">进一步结合其历年占比来看,广东、上海以及北京三区域均低于</span></span></span><span style="max-width: 100%;font-family: 微软雅黑, serif;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">50%</span><span style="max-width: 100%;font-family: 等线;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 微软雅黑;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">,整体经济发展持续性好,山西和辽宁则历年均有超过</span></span></span><span style="max-width: 100%;font-family: 微软雅黑, serif;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">100%</span><span style="max-width: 100%;font-family: 等线;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 微软雅黑;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">的占比表现,近几年才开始显著下降。</span></span></span></span></p></section><section style="margin-top: -27px;margin-right: -10px;max-width: 100%;width: 66px;align-self: flex-end;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><img data-ratio="0.6060606060606061" data-src="https://mmbiz.qpic.cn/mmbiz_png/AJkYaTAujIwS5riabx0rDcDAxFuaqlIxVicM4HK9mHc0XEwyxpu5kvj8yudB9kratZ9JibXsoSricWuvqQCoImYBWw/640?wx_fmt=png" data-type="png" data-w="66" style="vertical-align: top;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;" /></section></section></section><section style="padding-right: 15px;padding-left: 15px;max-width: 100%;overflow: hidden;color: rgb(0, 0, 0);font-family: &quot;Helvetica Neue&quot;, Helvetica, &quot;Hiragino Sans GB&quot;, &quot;Microsoft YaHei&quot;, Arial, sans-serif;font-size: 16px;text-align: start;white-space: normal;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><section style="max-width: 100%;text-align: center;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><img data-ratio="0.7706521739130435" data-src="https://mmbiz.qpic.cn/mmbiz_png/AJkYaTAujIwS5riabx0rDcDAxFuaqlIxVwG6xZknfVm1H9g28hv3PetuaZsVKQeHftUV8SsUu6lyK9vT7ULmjkg/640?wx_fmt=png" data-type="png" data-w="920" style="box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"></section><p style="max-width: 100%;min-height: 1em;text-align: center;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><br style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;" /></p></section><section data-tools-id="77495" style="padding-right: 15px;padding-left: 15px;max-width: 100%;overflow: hidden;color: rgb(0, 0, 0);font-family: &quot;Helvetica Neue&quot;, Helvetica, &quot;Hiragino Sans GB&quot;, &quot;Microsoft YaHei&quot;, Arial, sans-serif;font-size: 16px;text-align: start;white-space: normal;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><section style="margin: 10px;max-width: 100%;display: flex;flex-direction: column;align-items: center;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><section style="margin-bottom: 10px;margin-left: 20px;max-width: 100%;width: 23px;align-self: flex-start;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><img data-ratio="0.391304347826087" data-src="https://mmbiz.qpic.cn/mmbiz_png/AJkYaTAujIwS5riabx0rDcDAxFuaqlIxVurjXAeJskWASvFDERUugCicGF9fyzV8u9OQTwuic4qsuI8aKVp38aj5g/640?wx_fmt=png" data-type="png" data-w="23" style="vertical-align: bottom;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;" /></section><section style="padding: 20px;max-width: 100%;border-width: 2px;border-style: solid;border-color: rgb(19, 52, 124);border-radius: 10px;background: rgb(239, 235, 254);box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><p style="max-width: 100%;min-height: 1em;font-size: 13px;color: rgb(19, 52, 124);text-align: justify;z-index: 10;line-height: 1.75em;letter-spacing: 1.5px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-size: 14px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 等线;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 微软雅黑;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">从过去十年全国地区固定资产投资</span></span></span><span style="max-width: 100%;font-family: 微软雅黑, serif;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">/GDP</span><span style="max-width: 100%;font-family: 等线;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 微软雅黑;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">比例变化与</span></span></span><span style="max-width: 100%;font-family: 微软雅黑, serif;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">GDP</span><span style="max-width: 100%;font-family: 等线;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 微软雅黑;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">增幅关系去看,我们发现:</span></span></span></span></p><p style="max-width: 100%;min-height: 1em;font-size: 13px;color: rgb(19, 52, 124);text-align: justify;z-index: 10;line-height: 1.75em;letter-spacing: 1.5px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-size: 14px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 等线;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 微软雅黑;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><br /></span></span></span></span></p><p style="max-width: 100%;min-height: 1em;font-size: 13px;color: rgb(19, 52, 124);text-align: justify;z-index: 10;line-height: 1.75em;letter-spacing: 1.5px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-size: 14px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 微软雅黑, serif;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">1</span><span style="max-width: 100%;font-family: 等线;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 微软雅黑;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">、河北用更高的投资比例未能较好维持地区的</span></span></span><span style="max-width: 100%;font-family: 微软雅黑, serif;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">GDP</span><span style="max-width: 100%;font-family: 等线;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 微软雅黑;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">增长,可能陷入前文所说的投资恶性循环,河北最为急迫需要着力推进经济增长方式转变。</span></span></span></span></p><p style="max-width: 100%;min-height: 1em;font-size: 13px;color: rgb(19, 52, 124);text-align: justify;z-index: 10;line-height: 1.75em;letter-spacing: 1.5px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-size: 14px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 等线;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 微软雅黑;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><br /></span></span></span></span></p><p style="max-width: 100%;min-height: 1em;font-size: 13px;color: rgb(19, 52, 124);text-align: justify;z-index: 10;line-height: 1.75em;letter-spacing: 1.5px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-size: 14px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 微软雅黑, serif;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">2</span><span style="max-width: 100%;font-family: 等线;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 微软雅黑;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">、海南、北京、宁夏以更低的占比变化驱动了中等的</span></span></span><span style="max-width: 100%;font-family: 微软雅黑, serif;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">GDP</span><span style="max-width: 100%;font-family: 等线;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 微软雅黑;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">增幅,但其中海南以及宁夏</span></span></span><span style="max-width: 100%;font-family: 微软雅黑, serif;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">GDP</span><span style="max-width: 100%;font-family: 等线;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 微软雅黑;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">规模很低,</span></span></span><span style="max-width: 100%;font-family: 微软雅黑, serif;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">2020</span><span style="max-width: 100%;font-family: 等线;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 微软雅黑;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">年分别排名全国倒数第三以及倒数第四,而北京则体现出了其成熟的产业发展体系以及良好的经济持续发展动力。</span></span></span></span></p></section><section style="margin-top: -27px;margin-right: -10px;max-width: 100%;width: 66px;align-self: flex-end;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><img data-ratio="0.6060606060606061" data-src="https://mmbiz.qpic.cn/mmbiz_png/AJkYaTAujIwS5riabx0rDcDAxFuaqlIxVicM4HK9mHc0XEwyxpu5kvj8yudB9kratZ9JibXsoSricWuvqQCoImYBWw/640?wx_fmt=png" data-type="png" data-w="66" style="vertical-align: top;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;" /></section></section></section><section style="padding-right: 15px;padding-left: 15px;max-width: 100%;overflow: hidden;color: rgb(0, 0, 0);font-family: &quot;Helvetica Neue&quot;, Helvetica, &quot;Hiragino Sans GB&quot;, &quot;Microsoft YaHei&quot;, Arial, sans-serif;font-size: 16px;text-align: start;white-space: normal;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><section style="max-width: 100%;text-align: center;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><img data-ratio="0.6005361930294906" data-src="https://mmbiz.qpic.cn/mmbiz_png/AJkYaTAujIwS5riabx0rDcDAxFuaqlIxVJGALhTtSHmLs4ibEjWXib9mOHxicXibyncNn6wFcNfb5KRg92icp9sDGuVA/640?wx_fmt=png" data-type="png" data-w="1119" style="box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"></section><p style="max-width: 100%;min-height: 1em;text-align: center;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><br style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;" /></p></section><section data-tools-id="24212" style="padding-right: 15px;padding-left: 15px;max-width: 100%;overflow: hidden;color: rgb(0, 0, 0);text-align: start;white-space: normal;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><section style="margin: 10px;max-width: 100%;display: flex;flex-direction: column;align-items: center;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><section style="font-family: &quot;Helvetica Neue&quot;, Helvetica, &quot;Hiragino Sans GB&quot;, &quot;Microsoft YaHei&quot;, Arial, sans-serif;font-size: 16px;margin-bottom: 10px;margin-left: 20px;max-width: 100%;width: 23px;align-self: flex-start;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><img data-ratio="0.391304347826087" data-src="https://mmbiz.qpic.cn/mmbiz_png/AJkYaTAujIwS5riabx0rDcDAxFuaqlIxVurjXAeJskWASvFDERUugCicGF9fyzV8u9OQTwuic4qsuI8aKVp38aj5g/640?wx_fmt=png" data-type="png" data-w="23" style="vertical-align: bottom;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;" /></section><section style="padding: 20px;max-width: 100%;border-width: 2px;border-style: solid;border-color: rgb(19, 52, 124);border-radius: 10px;background: rgb(239, 235, 254);box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><p style="font-family: &quot;Helvetica Neue&quot;, Helvetica, &quot;Hiragino Sans GB&quot;, &quot;Microsoft YaHei&quot;, Arial, sans-serif;font-size: 13px;max-width: 100%;min-height: 1em;color: rgb(19, 52, 124);text-align: justify;z-index: 10;line-height: 1.75em;letter-spacing: 1.5px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><strong><span style="font-family: 等线;max-width: 100%;font-size: 17px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">三、综合结论</span></strong></p><p style="max-width: 100%;min-height: 1em;color: rgb(19, 52, 124);text-align: justify;z-index: 10;line-height: 1.75em;letter-spacing: 1.5px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="font-family:等线;"><strong><br style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;" /></strong></span><span style="font-family: 微软雅黑, serif;font-size: 14px;max-width: 100%;">1</span><span style="font-family: 微软雅黑;font-size: 14px;max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">、以史观今,从中国经济增长方式的历史发展走势可以看出,其正由投资驱动逐步转向投资</span><span style="font-family: 微软雅黑, serif;font-size: 14px;max-width: 100%;">+</span><span style="font-family: 微软雅黑;font-size: 14px;max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">效益驱动,预计未来中国整体经济增长方式将最终走向效益驱动,摆脱对于固定资产投资的依赖。</span></span></p><p style="font-family: &quot;Helvetica Neue&quot;, Helvetica, &quot;Hiragino Sans GB&quot;, &quot;Microsoft YaHei&quot;, Arial, sans-serif;font-size: 13px;max-width: 100%;min-height: 1em;color: rgb(19, 52, 124);text-align: justify;z-index: 10;line-height: 1.75em;letter-spacing: 1.5px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-size: 14px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 等线;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 微软雅黑;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><br /></span></span></span></span></p><p style="font-family: &quot;Helvetica Neue&quot;, Helvetica, &quot;Hiragino Sans GB&quot;, &quot;Microsoft YaHei&quot;, Arial, sans-serif;font-size: 13px;max-width: 100%;min-height: 1em;color: rgb(19, 52, 124);text-align: justify;z-index: 10;line-height: 1.75em;letter-spacing: 1.5px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-size: 14px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 微软雅黑, serif;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">2</span><span style="max-width: 100%;font-family: 等线;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 微软雅黑;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">、区域发展均衡性差,部分中西部地区投资</span></span></span><span style="max-width: 100%;font-family: 微软雅黑, serif;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">/GDP</span><span style="max-width: 100%;font-family: 等线;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 微软雅黑;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">超过</span></span></span><span style="max-width: 100%;font-family: 微软雅黑, serif;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">100%</span><span style="max-width: 100%;font-family: 等线;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 微软雅黑;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">,投资效益极低,说明其目前处于大规模的建设阶段以及整体经济发展水平较低。其中河北值得重点关注,过去十年河北用更高的投资比例也未能较好维持地区的</span></span></span><span style="max-width: 100%;font-family: 微软雅黑, serif;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">GDP</span><span style="max-width: 100%;font-family: 等线;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 微软雅黑;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">增长,其最为急迫需要着力推进经济增长方式转变</span></span></span></span></p><p style="font-family: &quot;Helvetica Neue&quot;, Helvetica, &quot;Hiragino Sans GB&quot;, &quot;Microsoft YaHei&quot;, Arial, sans-serif;font-size: 13px;max-width: 100%;min-height: 1em;color: rgb(19, 52, 124);text-align: justify;z-index: 10;line-height: 1.75em;letter-spacing: 1.5px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><br /></p><p style="font-family: &quot;Helvetica Neue&quot;, Helvetica, &quot;Hiragino Sans GB&quot;, &quot;Microsoft YaHei&quot;, Arial, sans-serif;font-size: 13px;max-width: 100%;min-height: 1em;color: rgb(19, 52, 124);text-align: justify;z-index: 10;line-height: 1.75em;letter-spacing: 1.5px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-size: 14px;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 微软雅黑, serif;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">3</span><span style="max-width: 100%;font-family: 等线;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 微软雅黑;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">、北京、上海是固定资产投资</span></span></span><span style="max-width: 100%;font-family: 微软雅黑, serif;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">/GDP</span><span style="max-width: 100%;font-family: 等线;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><span style="max-width: 100%;font-family: 微软雅黑;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;">比例最低的两个区域,投资效益高,且过去十年呈现下降趋势,说明其经济、产业发展成熟,且发展趋势向好。</span></span></span></span></p></section><section style="font-family: &quot;Helvetica Neue&quot;, Helvetica, &quot;Hiragino Sans GB&quot;, &quot;Microsoft YaHei&quot;, Arial, sans-serif;font-size: 16px;margin-top: -27px;margin-right: -10px;max-width: 100%;width: 66px;align-self: flex-end;box-sizing: border-box !important;overflow-wrap: break-word !important;word-break: break-all !important;"><img data-ratio="0.6060606060606061" 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data-src="https://mmbiz.qpic.cn/mmbiz_png/AJkYaTAujIy3kArrxGazyPIK26bO7zZfQibibfZGIkjRNwTHwQ4KNp3zu2sgMcS5VLib1OHNDwOibjnPpUoribI5IcQ/640?wx_fmt=png" data-type="png" data-w="300" data-width="50px" style="box-sizing: border-box;color: rgb(0, 0, 0);caret-color: rgb(255, 0, 0);width: 50px;font-family: 微软雅黑, &quot;Microsoft YaHei&quot;, Arial, sans-serif;max-inline-size: 100%;overflow-wrap: break-word !important;outline: none 0px !important;visibility: visible !important;" width="50px" /></p></section></section></section><section data-role="layout" data-width="20%" style="box-sizing: border-box;width: 115.594px;"><section data-role="layout-inner"><section data-role="paragraph"><p style="text-align: center;"><img data-ratio="1.0044247787610618" data-src="https://mmbiz.qpic.cn/mmbiz_png/AJkYaTAujIzdKK1pWxDY25IjWC6hzyuZPClD30iaLtAVGt7UszT4kJMlymjsJz0yLneTFRIJS1jvpr56X0OGLrQ/640?wx_fmt=png" data-type="png" data-w="226" data-width="50px" height="71" style="box-sizing: border-box;width: 50px;" 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YaHei&quot;, Arial, sans-serif;letter-spacing: 0.544px;background-color: rgb(255, 255, 255);text-align: right;line-height: 1.75em;overflow-wrap: break-word !important;"><span style="max-width: 100%;color: rgb(89, 89, 89);letter-spacing: 1.5px;text-align: center;-webkit-text-stroke-width: 0.2px;font-size: 12px;font-family: 微软雅黑, &quot;Microsoft YaHei&quot;;box-sizing: border-box !important;overflow-wrap: break-word !important;">SPECIAL THANKS</span></section><section style="margin-right: 8px;margin-left: 8px;max-width: 100%;box-sizing: border-box;font-family: -apple-system, BlinkMacSystemFont, &quot;Helvetica Neue&quot;, &quot;PingFang SC&quot;, &quot;Hiragino Sans GB&quot;, &quot;Microsoft YaHei UI&quot;, &quot;Microsoft YaHei&quot;, Arial, sans-serif;letter-spacing: 0.544px;background-color: rgb(255, 255, 255);text-align: right;line-height: 1.75em;overflow-wrap: break-word !important;"><span style="max-width: 100%;color: rgb(89, 89, 89);letter-spacing: 1.5px;text-align: 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