India vs China: What Morgan Stanley said on comparison over infrastructure

印度 vs 中国：摩根士丹利对两国基础设施的比较

A recent report by Morgan Stanley states that infrastructure in India has improved significantly in the past few years improvements in India's infrastructure in recent years and when comparing infrastructure scale relative to GDP, it favors India over China, which is often considered a benchmark for large-scale infrastructure development.

摩根士丹利最近的一份报告指出，印度的基础设施在过去几年里有了显着改善。中国通常被视为大规模建设基础设施的标杆，但如果将基础设施规模相对于GDP规模的占比进行比较，印度反而比中国更胜一筹。

Meanwhile, the report projects a steady increase in India's infrastructure investment, rising from 5.3 per cent of GDP in the fiscal year 2024 (F24) to 6.5 per cent by fiscal year 2029 (F29), resulting in a robust compound annual growth rate (CAGR) of 15.3 per cent and cumulative spending of $1.45 trillion over the next five years.

与此同时，该报告预计，印度的基础设施投资将稳步增长，从2024财政年度占GDP的5.3%上升到2029财政年度的6.5%，这会推动印度的复合年增长率飙升至15.3%，未来五年的累计基建支出达到1.45万亿美元。

As of the current fiscal year, India's GDP is 19 per cent of China's. However, the report indicates that India's physical infrastructure is not significantly lagging behind China's when considering the size of their respective economies despite China has long been recognized for its heavy investments in infrastructure.

截至本财政年度，印度的GDP仅为中国的19%。但该报告称，尽管中国长期以来一直被公认为在基础设施方面进行了大量投资，但考虑到两国的经济规模，印度的基础设施并没有大幅落后于中国。

The report further state that earlier, India's infrastructure competitiveness has been hindered by poor infrastructure, however government initiatives like PM Gati Shakti (PMGS) show great potential for further progress.

该报告进一步指出，印度之前的基础设施竞争力受到了糟糕的基础设施的掣肘，但印度政府提出的国家总体规划等举措反映出印度取得更大发展的巨大潜力。

以下是《印度时报》读者的评论：

•20 hours ago

Still Indian voters are more interested in reservation quota, freebies, caste sensus. They are least bothered about what China is conspiring against India in the norther border and infrastructure development in the country.

可是，印度选民对预留制配额、免费赠品、种姓制度更感兴趣。他们一点都不关心在北部边境密谋入侵印度，也不关心印度的基础设施发展。

Aditya•22 hours ago

Eventually, what matters to public, especially rural India is freebies. And whether the candidate is of his or her caste. Thats what this govt should focus on. Like the Congress does when in power. They spend little effort in development. Most of their effort goes in lying, deceiving, dividing and manipulating the public after doing no work at all.

归根到底，对公众，尤其是印度农村居民来说，免费赠品才是最重要的。还有候选人是不是跟他或她一个种姓。基础设施才是政府应该关注解决的事。国大党执政时，基本没操心过基础设施建设。他们想的都是在不作为的情况下撒谎、欺骗、分裂和操纵公众。

•1 day ago

Bevaqoof Pappu will still not believe this report and call it paid news. Pagal Admi.

拉胡尔不会相信这份报告，会称它为付费新闻。

• Bajrang Sakpal•23 hours ago

He will not accept as he has no choice. I keep telling him that his best part of life would be to go to Italy

他不会接受的，因为他别无选择。我一直跟他说，他人生中最棒的选择就是去意大利

•1 day ago

China gad 180000 kms of pure expressways, non dusty look…India has 6000 we have a long way yo go…keep head down and keep working

中国修建了18万公里的高速公路，一尘不染，印度只有6000公里，差距很大，埋头赶路吧

Kunderudaya•1 day ago

Needless to compare china., Bharat now must build up important projects on time bound in 2_3 years., then it will be effective for success story....

没必要和中国比较。印度必须在2-3年内如期建设重要项目，届时这就是印度的成功事迹了....

Kunderudaya•1 day ago

Need more faster projects with committed leaders...God bless Bharath.

我们需要更多更快的完成项目，需要坚定的领导者……上帝保佑印度。

•1 day ago

China’s developments comparisons to population, land scap, management & in facts,, China develo better way 20:1 ratio than India. Even way better than USA.

中国的基础设施发展与人口、土地、管理相比，事实上，中国的发展远超印度，是印度的20倍，甚至比美国都要好得多。

•1 day ago

But in this election people dont want infrastructure or facilities but freebies- like they dont want to learn to fish, they want free fish only- so unfortunately this is mindset if india

但在这次选举中，人们对基础设施没有兴趣，只想要免费赠品—他们不想学习如何捕鱼，他们只想要免费的鱼—很可悲，这就是印度的心态。

•1 day ago

Only if we work hard like China or Japan can we become developed , not be lazy people like Congress who fools people with freebies and get votes

除非我们像中国或日本那样努力工作，印度才有可能成为发达国家，才不会像国大党那样用免费赠品愚弄人民，欺骗选票

Bala Srinivasan•saginaw USA•1 day ago

In next decade INDIA will definetly show its obvious&perceptile global status openly for all to observe&acknowledge its rapid developed status goal.

在接下来的十年里，印度肯定会展露自己在全球的地位，让所有人看到并承认印度快速提升的国家地位。

•1 day ago

When the news is positive, we worship the likes of Morgan Stanley

只要是正面消息，我们就会崇拜摩根士丹利等公司

Srinivas•US•1 day ago

ppl in India this time voted for freebies, no work, free money and not development.....

这次选举，印度人民只是为了免费赠品而投票，他们没有工作，也没有钱，更没有发展.....

•1 day ago

Three cheers to Team Modi!

为莫迪团队欢呼三声！

Anjali Verma•1 day ago

A lot can be attributed to the stable government at Center. Infrastructure tends to have a multiplier effect on the economy. Investment in infrastructure should continue to increase at an increasing rate for at least 2 decades to enable us to catch up which China and first world and industrialized countries.

这要归功于中央政府的稳定。基础设施往往会对经济起到乘数效应。在至少20年的时间里，基础设施投资应该保持加速增长，让我们能够赶上中国、第一世界和工业化国家的队伍。

•1 day ago

Develo Infrastructure also Leads to Unbelievable position in High Curpuctions and Implementation of Quality issues.,Infrastructure planning required long term Planing with Insights to Protecting Environment destryo, Also systematically parrale Futures development.

基础设施的建设也会导致惊人的腐败和质量问题。基础设施的建设需要长期规划，有远见地保护环境，也需要系统地兼容未来的发展。

•1 day ago

just read this report in an international newspaper and you will come to know about the truth

只要读一读国际报纸上的这篇报道，你就会知道真相了。

•1 day ago

Just compare with Popcorn Pappu’s approach of eradicating poverty by giving money but definitely no work because budget on Pappu’s Khatta Khatt offer will consume all the infrastructural development budget.

拉胡尔消除贫困的方法是直接给钱，但没有工作机会，因为拉胡尔的Khatta Khatt计划会耗光基础设施发展的所有预算。

•1 day ago

All the credits girs to the leader and his teammates . This is what the beauty of the current govt .,Still our people in india don’t understand how and what the growth is happening. Always looking in freebies and trapped into debt. .

这些都要归功于我们的领导和他的团队成员。这就是现任政府的魅力所在。我们印度人仍然不明白如何才能实现增长。人们总是紧紧盯着免费赠品，陷入债务困境。

• Rakesh S•1 day ago

Only Modijee's phreebies like phree 15 lacs, phree gas, phree house should be permitted.

只有莫迪的免费赠品才能获得批准，比如为每个印度人发放150万卢比,，免费的石油，免费的住房等。

User• Rakesh S•Unknown•1 day ago

The infra growth and vision started with PVN Rao govt, Atal took great leaps, and UPA did a magnificient jobs as well.. look at the number of metros, airports, sea links etc. during UPA .. no doubt it has been continued well by Modi govt ..

拉奥政府启动了基础设施的建设和发展愿景，阿塔尔在基建领域取得了巨大的飞跃，团结进步联盟也取得了出色的成绩。看看国大党执政时期印度地铁、机场、海上交通等数据吧。毫无疑问，在莫迪政府的领导下，印度的基建发展得很不错。

User• Rakesh S•Unknown•1 day ago

the growth does reach an inflection point in due course no matter who the leader is.. but when it comes to overall development of India, BJP is a failure .. GDP growth is stagnating at 4-7% in the past 10 years (UPA had 8-10%), unemployment is rampant, inflation is sky high, per capita is not growing fast enough for us to get out of poverty

无论谁是领导人，增长都会在某一时刻开始回落。但就印度的整体发展而言，人民党是失败的。过去10年，印度的GDP增长速度停滞在4-7%(团结进步联盟时期达到8-10%)，失业率飙升，通胀失控，但人均GDP增长偏慢，无法让我们摆脱贫困

•1 day ago

Morgan Stanley Report reflects ground reality. All round development in Bharat be it Infrastructure development, job creation , Education , Healthcare, Exports, Defence , Internal Security, Business, Economic development. Good going Bharat, keep it up

摩根士丹利的报告反映了事实。印度取得了全面发展，包括基础设施发展、创造就业、教育、医疗、出口、国防、内部安全、商业和经济发展。印度好样的，继续努力吧。

•1 day ago

Infrastructural development is the key for developed nations. Modi govt is excellent in establishing achievable targets.

基础设施建设是发达国家成功的关键。莫迪政府很擅长制定可完成的目标。

•1 day ago

Anybody who has visited China a few times wud know how Balwaas this is factually!! We are at least 40 yrs behind in infra and civic discipline!!

只要去过中国几次，你就会知道这有多荒谬！印度在基础设施和公民纪律方面至少落后中国40年！！

Boston Wrangler•Boston•1 day ago

India is doing now what China did some 20 to 30 years ago...India wants to do a lot but many factors make it retarded in doing so. all this stems out of insecurity, fear of the unknown

印度现在做的事，正是中国20到30年前做的事…印度想做的事很多，但众多因素都使其行动迟滞。这一切源于安全感的不足、对未知的恐惧

•1 day ago

All because of this present Govt and the able leadership.

这都是现任政府和有能力的领导的功劳。

Sameer Gupta•1 day ago

Infra in large cities like Bangalore, Mumbai which are growth drivers in getting worse.

作为班加罗尔、孟买等大城市的增长动力的基础设施现在越来越糟糕了。

•1 day ago

Bharat is Building

印度正在全力建设

• Need More Land•1 day ago

whilst we need better and quality infrastructure, we also need to focus on our agriculture sector which over the coming years with food shortages around the world will stand out as a big competitive advantage for our country.

虽然我们需要更好的、高质量的基础设施，但我们也需要专注于我们的农业部门。在未来几年，随着世界各地出现粮食短缺，农业将成为我国的一个巨大竞争优势。

•1 day ago

But despite of positive growth employment generation in much more below bench-mark.

虽然实现了增长，但就业创造依然远低于基准水平。