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?????????????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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