???? ??????“???”?????????

????:?????????:??????????

???????????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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