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

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