全球化进程中制度性缺失导致全球经济失衡格局长期存在,失衡格局下金融危机爆发是失衡调整的必然结果,新世纪后中美贸易失衡成为全球失衡结构的核心,失衡结构一端的调整必然对另外一端产生影响,本文主要从全球经济失衡视角总结归纳中国经济转型发展的内在逻辑。 The institutional imbalance in the process of globalization has led to the long-standing pattern of global economic imbalance. The outbreak of the financial crisis under the unbalanced pattern is the inevitable result of the imbalance adjustment. After the new century, the trade imbalance between China and the United States has become the core of the global imbalance structure. This paper mainly summarizes the internal logic of China’s economic restructuring and development from the perspective of global economic imbalance.