It is a stretch to say that China is poised to replace an equity-led growth model with a credit-led model.

那种称中国准备用由信贷引导的增长模式代替由股本引导的增长模式的说法，有些夸大其词。

youdao

There is a big difference from this management model from the administration-led model in the past with its totally new system positioning.

这一全新的体制定位，与过去行政主导型的社区管理模式有很大不同。

youdao

There is a big difference from this management model from the administration-led model in the past with its totally new system positioning.

这一全新的体制定位，与过去行政主导型的社区管理模式有很大不同。

youdao