????:1???????:??????

2????????????

3???????

4??????????????

5??????????

?????????1????????23????(?)23?,???????????????????2025?????????????????????????????,2025???“4??????????”?????,?????,????,???,??????????????,????????“8+4”?????,???????????????

???????2025??????????? ??? ???

????????????,??,2024??????????,?????????????7.5%?2025????,??????,????,?????

“2025????????????????????????????,????????????????,???????????,????????????????????????????????????????‘4????’?”???????????

????,2025??????,??,??;????????????????????????,?????????????;?“????????????????????????????????”????????????,??????500??????????2000????????????????,?????1000???????

????,2025?????????????6%?????????,???????6.5%??????,“415X”????9.5?????(?????????????,???)?

????????????,???2024??,???3.4?,????????????4,??????????????4%?2024??????,??,?????????158????????????????????,?6000????900??????

“2025?????,?????,????”???????????,????“????”??????????2000??????,????,????????????????????????????????????????????????????

??????????,??,??“????”??,2025??1000??10000??????????????,???????????????“????????”??,???????????????????????????,????????????????100????????????

?????????????“???????????+????????+???”????????,?,????????????,?????????????500?????,????

????????????????2024??????????,?????,??2.06???,???????????????????????????,??????????????

“?????????????,????,??????,???‘????’?????‘??’???????,????????????”???????,???REITs(??????????????)??,?????????????????????????????????????,???????

???????????,2025???????????????“8+4”?,???“???????????????????”????,??“???”?(???)

??????????????????:????????????????