Abstract: In the economic history of the world, many countries were often fronted with the Middle Income Trap problem when they were in the middle income level, namely slow economic development and even recession or turbulent society. Mexico is a case in point in Latin America Countries (LACs). However, some East Asian countries went beyond the middle income trap and became high income countries through technological innovation, promotion of social justice and construction of modern government. At present, entering into the ranks of middle income countries, China should learn especially lessons from Mexico and other LACs, reasonably absorb East Asian countries’ experience such as Japan, and finally avoid the middle income trap.