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

2?????100??????

3????????

4??????????

5?????????

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