???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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