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韧性优于回报：中国经济模式如何引发对全球竞争的重新思考

在地缘政治碎片化的时代，金融规模的重要性不及实体韧性

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    • 中国电动汽车制造商蔚来汽车位于合肥的工厂。中国的竞争方式并非优化季度投资回报率，而是通过构建生态系统、加速技术扩散，并接受为获取能力而付出的浪费成本。
    • 中国电动汽车制造商蔚来汽车位于合肥的工厂。中国的竞争方式并非优化季度投资回报率，而是通过构建生态系统、加速技术扩散，并接受为获取能力而付出的浪费成本。 图片来源：路透社

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Tan Kong Yam

    Published Tue, Feb 24, 2026 · 07:00 AM

    本文由AI辅助翻译

    查看原文

    中国的崛起，迫使人们对政治经济学、创新和全球竞争等领域的长期假设进行了根本性的反思。

    数十年来，西方的传统观点认为，持续的前沿创新需要自由民主的制度、有保障的私人产业、开放的公民社会和金融效率。

    中国的发展轨迹对上述每一个前提都构成了挑战。其经济实力并非建立在最大化金融回报或促进消费驱动型增长之上，而是植根于其生产体系的主导地位：即刻意构建密集的产业生态系统，这些系统具备快速洗牙、技术吸收和深厚的制造业产业群深度。

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