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