????:1????????:????????????

2???????

3??????????

4????????

5?????V

????2????10?? ??????????????????????(????“?”)10?????????,2025????????1??(PMI)?48.7%,??,??????????

??????????????,???,?????,1????PMI?????????????????????2.1%,?????48.7%????????,??????????“????????????”?????????????,????????

????????????????,????????????????????????6???????????????????,??5.6%???????????51.7%,???????????????,?,?????????,????????????

?????????????,?????????????????,??,?????

??,??1?(NMI),???????27?????????????,??????1????,???????,??1.5%??????55%,?????????????(???????????????????????????) ???????????????:????