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

2???????

3??????vx

4???????

5?????????100

??????????????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%,???????????????(????) ??????????????????????:??????????