It infers that the institutional bottlenecks during system transition is the essential reason and most of all, all problems of Chinese economy derive from the unreasonableness of property-rights.

• 第二，认为我国经济体制改革过程中的制度瓶颈是我国经济增长速度趋缓的根本原因，其中，产权制度的不合理是一切问题的总根源。