在提供公共服务方面，中国有充分的建设实体基础设施的经验，但在提供软基础设施，如竞争规则、会计标准、税收制度和监管规范等方面，还有很大差距。
This is the other side of the public-goods challenge: while China has plenty of experience delivering physical infrastructure, it has been less successful in delivering soft infrastructure, such as competition rules, accounting standards, tax systems, and regulatory norms.