????: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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