?????? ???“?????????”????

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

???,???,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”???????????????,????“??????????????????????”?????,??????????“????”?(?)