Article / Lianghong, columnist of sina financial opinion leader column (wechat official account kopleader) The “grey rhinoceros” on the road of China’s long-term economic development is our extremely high savings rate, which superimposes the “intestinal obstruction” of the investment and financing system that converts savings into investment. To prevent this “grey rhinoceros”, China’s policy should focus on two levels: one is how to reduce some inefficient or forced savings, so as to structur...