After a decade of superrapid growth, the Chinese had had enough of heavy industrial development.22 But investment-driven heavy industrial growth is a hard habit to break. Five years later, in March 2007, in a remarkably frank assessment delivered to the National People’s Congress, Premier Wen Jiabao warned that “the biggest problem with China’s economy” was still that growth was “unstable, unbalanced, uncoordinated, and unsustainable.”
