The predicament of underinvestment in the economy is often overstated. The real issue is: the lower the productivity in a region, the more limited the return on infrastructure investment. This creates a vicious cycle—provinces and regions with lagging economic development and lower production efficiency are themselves severely constrained in their ability to effectively absorb and utilize investments. In other words, blindly increasing investment does not solve the problem; the key lies in how to improve the local level of production efficiency.