Abstract：“Middle income trap” is the biggest realistic risk that “new normal” economy faces. Superficially, it is a “stagnation trap”, but a “transition trap” in essence. It is a transformation gap between the new and old development model in China. In recent years, Chinese economy has declined slowly from fast growth. On one hand, there is less momentum behind the growth in demand, resulting in the decrease of investment efficiency, tumbling exports, and consumption has failed to become a major endogenous motivation. On the other, supply growth weakens, leading to the “double shortage” of total labor force and structure, the “double slowdown” in investment growth, marginal capital efficiency, and declining TFP. All these are precursors to “middle income trap” in Chinese economy. To get out of the trap, we must deepen the investment and financing reform, increase labor mobility, implement innovation-driven development strategies, vigorously promote the reform in price system, fiscal and financial sector, social security system, science and education system and state-owned enterprises, push forward new urbanization, accurately position the industry policies, and strive to achieve “inclusive growth”.
朱尔茜. 我国“中等收入陷阱”风险及跨越路径选择[J]. 《深圳大学学报》（人文社科版）, 2016, 33(2): 77-81.
ZHU Er-qian. The Risk of “Middle Income Trap”in China and Its Way out. , 2016, 33(2): 77-81.
2016, Vol. 33 
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