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

2???????

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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