???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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