Third, as pointed out by Michael Pettis, a leading expert of the Chinese economy, a surge in tax revenues in the last four years has been more than matched by a surge in spending.

• 第三，象米歇尔.；倍弟斯--中国经济研究的主流专家所说，过去四年中国税收收入的激增与开支的激增是十分相称的。