??? ?????????“????”??????

??

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

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

?????????

???????? ?????????“????”???????????

????????