{"id":85527,"date":"2021-01-04T04:08:31","date_gmt":"2021-01-04T04:08:31","guid":{"rendered":"https:\/\/www.zfx.com\/?post_type=academy&#038;p=85527"},"modified":"2021-01-25T10:57:44","modified_gmt":"2021-01-25T10:57:44","slug":"%e6%97%a5%e5%b9%a3-%e5%8c%af%e7%8e%87-%e8%b5%b0%e5%8b%a2","status":"publish","type":"academy","link":"https:\/\/www.zfx.com\/zh-hant\/academy\/%e6%97%a5%e5%b9%a3-%e5%8c%af%e7%8e%87-%e8%b5%b0%e5%8b%a2\/","title":{"rendered":"\u65e5\u5e63\u532f\u7387\u8d70\u52e2\u9810\u6e2c 2021\uff1a\u5f71\u97ff\u65e5\u5e63\u532f\u7387\u8d70\u52e2\u7684\u56db\u500b\u8981\u7d20"},"content":{"rendered":"<p>\u65e5\u672c\u7684\u7d93\u6fdf\u5728\u4e8c\u6230\u53d7\u5230\u6bc0\u6ec5\u6027\u7684\u6253\u64ca\uff0c\u4e0d\u904e\u7f8e\u570b\u5728\u671d\u9bae\u534a\u5cf6\u6230\u722d\u767c\u751f\u5f8c\uff0c\u70ba\u4e86\u6230\u5099\u9700\u6c42\uff0c\u5728\u65e5\u672c\u5927\u91cf\u63a1\u8cfc\u7269\u8cc7\uff0c\u63d0\u632f\u65e5\u672c\u7d93\u6fdf\u5fa9\u7526\uff0c\u4e26\u5f9e1960\u5e74\u4ee3\u958b\u555f\u4e8630\u5e74\u7684\u300c\u65e5\u672c\u6230\u5f8c\u7d93\u6fdf\u5947\u8e5f\u300d\u3002\u76f4\u52301990\u5e74\u4ee3\uff0c\u65e5\u672c\u7d93\u6fdf\u96d6\u5feb\u901f\u589e\u9577\uff0c\u4f46\u53d7\u5230\u570b\u969b\u58d3\u529b\u53ca\u6b0a\u529b\u5167\u9b25\u7684\u5f71\u97ff\uff0c\u8cc7\u7522\u50f9\u683c\u904e\u5ea6\u81a8\u8139\u5c0e\u81f4\u6ce1\u6cab\u7834\u88c2\uff0c\u9280\u884c\u58de\u5e33\u9ad8\u4f01\uff0c\u53c8\u8fce\u4f86\u4e86\u6240\u8b02\u300c\u5931\u843d\u7684\u4e8c\u5341\u5e74\u300d\u3002<\/p>\n<p>\u96d6\u8aaa\u65e5\u672c\u7d93\u6fdf\u770b\u4f3c\u505c\u6eef\u4e0d\u524d\uff0c\u5931\u843d\u751a\u81f3\u5df2\u4e09\u5341\u5e74\uff0c\u4f46\u65e5\u672c\u7d93\u6fdf\u4ecd\u4e0d\u5bb9\u5ffd\u8996\u3002\u591a\u6578\u77e5\u540d\u65e5\u4f01\u5728\u9019\u4f4e\u8ff7\u671f\u8f49\u578b\uff0c\u9032\u8ecd\u9ad8\u79d1\u6280\u9818\u57df\uff0c\u900f\u904e\u5f37\u5927\u79d1\u7814\u80fd\u529b\uff0c\u53d6\u5f97\u8209\u8db3\u8f15\u91cd\u7684\u5e02\u5834\u5f71\u97ff\u529b\u3002\u6839\u64da\u4e16\u754c\u9280\u884c(WB)\u3001\u570b\u969b\u8ca8\u5e63\u7d44\u7e54(IMF)\u53ca\u806f\u5408\u570b\u7d71\u8a08\u7f72(UN)\u6bcf\u5e74\u7d71\u8a08\u7684\u4e16\u754c\u5341\u5927\u7d93\u6fdf\u9ad4GDP\u6578\u64da\uff0c1990\u5e74\u5f8c\u65e5\u672c\u4e00\u76f4\u90fd\u4fdd\u6301\u5728\u5168\u7403\u7b2c\u4e8c\u5927\u7d93\u6fdf\u9ad4\uff0c\u76f4\u52302010\u5e74\u624d\u88ab\u4e2d\u570b\u8d85\u8d8a\uff0cGDP\u7e3d\u91cf\u9000\u5c45\u4e16\u754c\u7b2c\u4e09\uff0c\u7531\u6b64\u53ef\u77e5\u65e5\u672c\u7d2f\u7a4d\u7684\u7d93\u6fdf\u5e95\u860a\u96c4\u539a\u3002<\/p>\n<p>\u532f\u5e02\u4e2d\uff0c\u65e5\u5e63\u5728\u904e\u53bb\u4e00\u76f4\u6975\u53d7\u95dc\u6ce8\uff0c\u4e5f\u4e00\u5ea6\u5728\u532f\u5e02\u5957\u606f\u4ea4\u6613\u76db\u884c\u6642\u6210\u70ba\u4e3b\u89d2\u3002\u65e5\u672c\u4f5c\u70ba\u4e00\u5927\u51fa\u53e3\u570b\u5bb6\uff0c\u5176\u532f\u50f9\u53ef\u5f71\u97ff\u5176\u4ed6\u570b\u5bb6\u7684\u6574\u9ad4\u7269\u50f9\uff0c\u53e6\u4e00\u65b9\u9762\uff0c\u8eab\u70ba\u570b\u969b\u8ca8\u5e63\u7684\u65e5\u5e63\uff0c\u5728\u65e5\u592e\u884c\u9577\u671f\u7dad\u6301\u4f4e\u5229\u7387\u7684\u60c5\u6cc1\u4e0b\uff0c\u7d50\u679c\u88ab\u6b78\u985e\u70ba\u300c\u907f\u96aa\u8cc7\u7522\u300d\u3002<\/p>\n<p><strong>\u672c\u6587\u5c07\u8b1b\u8ff0\u65e5\u5e63\u904e\u53bb\u8d70\u52e2\uff0c\u63d0\u51fa\u8fd1\u671f\u53ef\u80fd\u5f71\u97ff\u65e5\u5e63\u532f\u7387\u56e0\u7d20\uff0c\u672a\u4f86\u65e5\u5e63\u8d70\u52e2\u9810\u6e2c\uff0c\u6700\u5f8c\u5c07\u4ecb\u7d39\u5e38\u898b\u6295\u8cc7\u65e5\u5e63\u7684\u65b9\u5f0f\u3002<\/strong><\/p>\n<p><!--more--><\/p>\n<h3><span style=\"color: #0055a5\"><strong>I. \u65e5\u5e63\u904e\u53bb\u8d70\u52e2 (1980\u81f3\u4eca)<\/strong><\/span><\/h3>\n<p>\u65e5\u5e63(\u4e5f\u6703\u5beb\u4f5c\u65e5\u5143\u6216\u65e5\u5713)\u662f\u65e5\u672c\u7684\u7684\u5b98\u65b9\u8ca8\u5e63\uff0c\u570b\u969b\u6a19\u6e96\u5316\u7d44\u7e54ISO 4217\u7684\u8ca8\u5e63\u4ee3\u78bc\u70baJPY\u3002<\/p>\n<p>1973\u5e74\u5e03\u96f7\u9813\u68ee\u6797\u9ad4\u7cfb\u5d29\u6f70\u5f8c\uff0c\u65e5\u5e63\u5c0d\u7f8e\u5143\u532f\u7387\u958b\u59cb\u6d6e\u52d5\uff0c\u662f\u65e5\u5e63\u570b\u969b\u5316\u7684\u958b\u59cb\u3002\u7576\u6642\u65e5\u672c\u5c0d\u5916\u8cbf\u6613\u64f4\u5f35\u5feb\u901f\uff0c\u65e5\u672c\u653f\u5e9c\u9f13\u52f5\u65e5\u4f01\u8cbf\u6613\u904e\u7a0b\u4e2d\u4ee5\u65e5\u5e63\u8a08\u50f9\uff0c1980\u5e74\u4ee3\u65e5\u672c\u4fee\u6539\u5916\u532f\u6cd5\uff0c\u53d6\u6d88\u4e86\u5916\u532f\u7ba1\u5236\uff0c\u65e5\u5e63\u5be6\u73fe\u81ea\u7531\u514c\u63db\uff0c\u81ea\u6b64\u65e5\u5e63\u5728\u570b\u969b\u4e0a\u5f71\u97ff\u529b\u9010\u6f38\u64f4\u6563\u3002<\/p>\n<h5><strong>1.\u00a0 \u7c3d\u8a02\u5ee3\u5834\u5354\u8b70\u524d\u5f8c(1980\u5e74\u4ee3)<\/strong><\/h5>\n<p>1979\u5e74\u7b2c\u4e8c\u6b21\u77f3\u6cb9\u5371\u6a5f\uff0c\u7f8e\u806f\u5132\u4ee5\u5347\u606f\u53ca\u63a7\u5236\u8ca8\u5e63\u767c\u884c\uff0c\u61c9\u5c0d\u7f8e\u570b\u51fa\u73fe\u7684\u901a\u8ca8\u81a8\u8139\uff0c\u6b64\u8209\u4ee4\u7576\u6642\u7f8e\u5143\u5347\u503c\uff0c\u800c\u65e5\u672c\u4f01\u696d\u56e0\u8207\u7f8e\u570b\u8cbf\u6613\u9806\u5dee\u638c\u63e1\u5927\u91cf\u5916\u532f\u5132\u5099\uff0c\u70ba\u4e86\u8ffd\u6c42\u9ad8\u5229\u7387\uff0c\u5c07\u591a\u9918\u7f8e\u5143\u5b58\u5165\u7f8e\u570b\u9280\u884c\uff0c\u4e26\u6c92\u6709\u5c07\u8cc7\u672c\u56de\u6d41\u65e5\u672c\uff0c\u9032\u4e00\u6b65\u9020\u6210\u65e5\u5e63\u8cb6\u503c\u3002<\/p>\n<p>1985\u5e74\u7f8e\u570b\u5c0d\u5916\u8cbf\u6613\u9006\u5dee\u4ecd\u5728\u64f4\u5927\uff0c\u5f37\u52e2\u7f8e\u5143\u9020\u6210\u51fa\u53e3\u4e0d\u5229\uff0c\u5728\u7f8e\u570b\u653f\u5e9c\u4e3b\u5c0e\u4e0b\uff0c\u7f8e\u570b\u3001\u65e5\u672c\u3001\u897f\u5fb7\u3001\u82f1\u570b\u3001\u6cd5\u570b\u4e94\u570b\u9054\u6210\u5ee3\u5834\u5354\u8b70\uff0c\u5171\u540c\u4fc3\u9032\u7f8e\u5143\u8cb6\u503c\u3002\u65e5\u5e63\u5f9e\u5354\u8b70\u524d\u7d04250\u65e5\u5e63\u514c1\u7f8e\u5143\uff0c1987\u5e74\u5347\u503c\u81f3\u7d04120\u65e5\u5e63\u514c1\u7f8e\u5143\u3002\u65e5\u672c\u653f\u5e9c\u70ba\u4e86\u6291\u5236\u65e5\u5e63\u5347\u503c\u8ca0\u9762\u5f71\u97ff\uff0c\u52a0\u4e0a\u7f8e\u570b\u9032\u5165\u964d\u606f\u5468\u671f\uff0c\u65e5\u672c1986\u52301987\u5e74\u7e3d\u5171\u964d\u606f5\u6b21\uff0c\u4f4e\u5229\u7387\u53ca\u65e5\u9280\u7279\u6709\u7684\u300c\u7a97\u53e3\u6307\u5c0e\u300d\u5236\u5ea6\uff0c\u65e5\u672c\u7684\u91d1\u878d\u6a5f\u69cb\u878d\u8cc7\u689d\u4ef6\u653e\u5bec\uff0c\u8cc7\u91d1\u6e67\u5165\u80a1\u5e02\u3001\u623f\u5e02\uff0c\u63a8\u52d5\u8cc7\u7522\u50f9\u683c\u5411\u4e0a\u6500\u5347\uff0c\u6574\u9ad4\u666f\u6c23\u5f37\u52c1\uff0c\u6295\u6a5f\u81f4\u5bcc\u6848\u4f8b\u5c62\u898b\u4e0d\u9bae\uff0c\u5f62\u6210\u6ce1\u6cab\u7d93\u6fdf\u3002<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-85537\" src=\"https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/12\/word-image-187.png\" alt=\"\u5716 2:\u00a0 \u7f8e\u65e5\u5c0d\u8d70\u52e2\u5716 (1985\u5e74\u81f31987\u5e74)\" width=\"693\" height=\"377\" srcset=\"https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/12\/word-image-187-300x163.png 300w, https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/12\/word-image-187.png 693w\" sizes=\"(max-width: 693px) 100vw, 693px\" \/><br \/>\n<em>\u5716 1:\u00a0 \u7f8e\u65e5\u5c0d\u8d70\u52e2\u5716 (1985\u5e74\u81f31987\u5e74)<\/em><\/p>\n<h5><strong>2. \u6ce1\u6cab\u7d93\u6fdf\u5d29\u6f70(1990\u5e74\u4ee3)<\/strong><\/h5>\n<p>1989\u5e74\u65e5\u7d93\u6307\u6578\u5275\u4e0b\u65b0\u9ad8\uff0c\u4f46\u65e5\u9280\u958b\u59cb\u9032\u884c\u6536\u7e2e\u8ca8\u5e63\u653f\u7b56\uff0c\u4e26\u76e3\u7ba1\u4fe1\u8cb8\u7e3d\u91cf\uff0c\u5728\u7121\u66f4\u591a\u8cc7\u91d1\u9032\u5165\u5e02\u5834\u7684\u60c5\u6cc1\u4e0b\uff0c\u6ce1\u6cab\u7d93\u6fdf\u5d29\u6f70\u3002\u7576\u6642\u65e5\u672c\u5be6\u9ad4\u7d93\u6fdf\u8207\u8cc7\u7522\u50f9\u683c\u4e4b\u9593\u7684\u812b\u9264\uff0c\u4ee4\u623f\u5730\u7522\u548c\u80a1\u7968\u50f9\u683c\u5927\u5e45\u4e0b\u8dcc\uff0c\u9280\u884c\u5f62\u6210\u5927\u91cf\u58de\u5e33\uff0c\u4f46\u65e5\u5e63\u5247\u56e0\u70ba\u65e5\u9280\u7dca\u7e2e\u653f\u7b56\u3001\u65e5\u7f8e\u8cbf\u6613\u9806\u5dee\u6301\u7e8c\u3001\u7f8e\u570b\u8d64\u5b57\u554f\u984c\u800c\u5927\u5e45\u5347\u503c\uff0c\u57281995\u5e74\u9054\u5230\u7d0480\u65e5\u5e63\u514c1\u7f8e\u5143\u7684\u9ad8\u50f9\uff0c\u5f15\u767c\u56b4\u91cd\u7684\u901a\u7e2e\u554f\u984c\u3002\u5176\u5f8c\u65e5\u9280\u964d\u606f\u81f3\u8fd1\u96f6\uff0c\u7d42\u6b62\u65e5\u5713\u5347\u503c\uff0c\u52301998\u5e74\u4e9e\u6d32\u91d1\u878d\u98a8\u66b4\uff0c\u518d\u4e00\u6b21\u885d\u64ca\u65e5\u672c\u7d93\u6fdf\uff0c\u65e5\u5e63\u518d\u4e0b\u632b\uff0c\u56de\u5230150\u65e5\u5713\u514c1\u7f8e\u5143\u3002<\/p>\n<h3><\/h3>\n<h5><strong>3. \u5168\u7403\u9996\u570b\u5be6\u65bd\u91cf\u5316\u5bec\u9b06(2000\u81f32012\u5e74)<\/strong><\/h5>\n<p>\u5728\u4e9e\u6d32\u91d1\u878d\u98a8\u66b4\u904e\u5f8c\uff0c\u65e5\u5e63\u4e00\u5ea6\u53cd\u8f49\u6025\u5347\uff0c\u5176\u5f8c\u7dad\u6301\u5f37\u52e2\u3002\u65e5\u9280\u8aa4\u5224\u7d93\u6fdf\u60c5\u52e2\u6c7a\u5b9a\u5347\u606f\uff0c\u4f46\u8cbf\u7136\u5347\u606f\u5f8c\uff0c\u7d93\u6fdf\u5fa9\u7526\u4e2d\u65b7\uff0c\u65e5\u672c\u4ecd\u7dad\u6301\u901a\u7e2e\u72c0\u6cc1\uff0c\u65e5\u9280\u4e0d\u5f97\u4e0d\u518d\u6b21\u964d\u606f\u77ef\u6b63\u932f\u8aa4\uff0c\u4e26\u65bc2001\u5e743\u6708\u958b\u5275\u4e16\u754c\u5148\u4f8b\uff0c\u5be6\u65bd\u91cf\u5316\u5bec\u9b06(Quantitative Easing , QE)\uff0c\u5c31\u7b972001\u5e74\u7f8e\u570b\u767c\u751f911\u4e8b\u4ef6\u7f8e\u5143\u958b\u59cb\u8cb6\u503c\uff0c\u4f46\u65e5\u5e63\u5728\u8ca8\u5e63\u5bec\u9b06\u74b0\u5883\u4e0b\uff0c\u4e26\u6c92\u6709\u904e\u4efd\u5f37\u52e2\u3002<\/p>\n<p>\u65e5\u672c\u7387\u5148\u9032\u5165\u4f4e\u5229\u7387\u6642\u4ee3\u52a0\u4e0a\u65e5\u9280\u5e72\u9810\uff0c\u4ea4\u6613\u8005\u5f80\u5f80\u6703\u501f\u5165\u65e5\u5e63\u6295\u8cc7\u98a8\u96aa\u8cc7\u7522\u6216\u9ad8\u606f\u8ca8\u5e63\uff0c\u9032\u884c\u300c\u5957\u5229\u4ea4\u6613\u300d\uff0c\u4e00\u65b9\u9762\u4ee4\u65e5\u5e63\u8cb6\u503c\uff0c\u53e6\u4e00\u65b9\u9762\u5f15\u767c\u98a8\u96aa\u8cc7\u7522\u50f9\u683c\u4e0a\u6f32\u3002\u4e0d\u904e\u4e00\u65e6\u91d1\u878d\u5e02\u5834\u52d5\u76ea\uff0c\u907f\u96aa\u60c5\u7dd2\u9ad8\u6602\u6642\uff0c\u5957\u5229\u4ea4\u6613\u8005\u5c07\u98a8\u96aa\u8cc7\u7522\u5e73\u5009\uff0c\u722d\u76f8\u8cb7\u5165\u65e5\u5e63\u511f\u9084\u501f\u6b3e\uff0c\u5c31\u6703\u9020\u6210\u65e5\u5713\u5347\u503c\uff0c\u6240\u4ee5\u65e5\u5713\u5e38\u88ab\u5e02\u5834\u6b78\u985e\u70ba\u907f\u96aa\u8ca8\u5e63\u30022008\u5e74\u91d1\u878d\u6d77\u562f\u5f8c\uff0c\u65e5\u5713\u56e0\u907f\u96aa\u5730\u4f4d\u800c\u6301\u7e8c\u5347\u503c\uff0c2011\u5e74\u66fe\u903c\u8fd1\u7d0475.57\u65e5\u5713\u514c1\u7f8e\u5143\uff0c\u5275\u4e0b\u4e8c\u6230\u5f8c\u6700\u9ad8\u7d00\u9304\u3002<\/p>\n<h5><strong>4. \u5b89\u500d\u6649\u4e09\u6642\u671f (2012\u5e74\u5e95\u81f3\u4eca)<\/strong><\/h5>\n<p>\u65e5\u672c\u524d\u9996\u76f8\u5b89\u500d\u6649\u4e09\u5e0c\u671b\u6253\u7834\u65e5\u672c\u7d93\u6fdf\u505c\u6eef\u56f0\u5c40\uff0c\u4e26\u64fa\u812b\u65e5\u672c\u901a\u7e2e\u554f\u984c\uff0c\u63d0\u51fa\u5b89\u500d\u7d93\u6fdf\u5b78(Abenomics)\u3002\u5176\u6838\u5fc3\u653f\u7b56\u70ba\u5927\u898f\u6a21\u91cf\u5316\u5bec\u9b06\u3001\u64f4\u5927\u570b\u5bb6\u8ca1\u653f\u652f\u51fa\u53ca\u9f13\u52f5\u6295\u8cc7\u4fc3\u9032\u7d93\u6fdf\uff0c\u53c8\u88ab\u7a31\u70ba\u201d\u4e09\u652f\u7bad\u201d\u3002\u65e5\u9280\u914d\u5408\u5b89\u500d\u7d93\u6fdf\u5b78\u5be6\u65bd\u91cf\u8cea\u517c\u5099\u8ca8\u5e63\u5bec\u9b06(Quantitative and Qualitative Easing , QQE)\uff0c\u89e3\u6c7a\u4e86\u65e5\u5e63\u532f\u7387\u904e\u5f37\u7684\u554f\u984c\uff0c2015\u5e74\u4e00\u5ea6\u8dcc\u81f3\u7d04125\u65e5\u5e63\u514c1\u7f8e\u5143\u3002<\/p>\n<p>\u96a8\u8457QQE\u6548\u679c\u9010\u6f38\u8870\u9000\uff0c\u65e5\u9280\u65bc2016\u5e74\u5be6\u65bd\u8ca0\u5229\u7387\uff0c\u9280\u884c\u696d\u524d\u666f\u53d7\u5230\u5e02\u5834\u8cea\u7591\uff0c\u65e5\u5e63\u4e0d\u8cb6\u53cd\u5347\uff0c\u4e00\u5ea6\u8655\u65bc100\u65e5\u5e63\u514c1\u7f8e\u5143\u7684\u6574\u6578\u95dc\u53e3\u4e4b\u4e0b\u3002\u5931\u6557\u7684\u5229\u7387\u653f\u7b56\uff0c\u4ee4\u65e5\u9280\u4e0d\u5f97\u4e0d\u63d0\u51fa\u89e3\u6c7a\u8fa6\u6cd5\uff0c\u65bc\u540c\u5e74\u518d\u5be6\u65bd\u6b96\u5229\u7387\u66f2\u7dda\u63a7\u5236(yield curve control\uff0cYCC)\uff0c\u4e26\u900f\u904e\u8cfc\u8cb7\u65e5\u7d93ETF\u548cJ-REIT(\u65e5\u672c\u4e0d\u52d5\u7522\u8b49\u5238)\u4fdd\u6301\u8cc7\u7522\u54c1\u8cea\uff0c\u6210\u529f\u907f\u514d\u4e86\u65e5\u5e63\u904e\u5ea6\u5347\u503c\uff0c\u76f4\u81f32020\u5e74\u65b0\u51a0\u75ab\u60c5\u7206\u767c\uff0c\u65e5\u5e63\u90fd\u7dad\u6301100\u65e5\u5713\u514c1\u7f8e\u5143\u6c34\u5e73\u4e0a\u65b9\u3002<\/p>\n<p><img decoding=\"async\" width=\"1024\" height=\"664\" class=\"alignnone wp-image-85546 size-large\" src=\"https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/12\/word-image-1-1024x664.jpeg\" alt=\"\u57163: \u7f8e\u65e5\u5c0d\u8d70\u52e2 (1990\u5e74\u81f32020\u5e74)\" srcset=\"https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/12\/word-image-1-300x194.jpeg 300w, https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/12\/word-image-1-1024x664.jpeg 1024w, https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/12\/word-image-1-768x498.jpeg 768w, https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/12\/word-image-1.jpeg 1268w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><br \/>\n<em>\u5716 2: \u7f8e\u65e5\u5c0d\u8d70\u52e2 (1990\u5e74\u81f32020\u5e74)<\/em><\/p>\n<h3><\/h3>\n<h3><span style=\"color: #0055a5\"><strong>II. \u8fd1\u671f\u5f71\u97ff\u65e5\u5e63\u532f\u7387\u8d70\u52e2\u7684\u56e0\u7d20<\/strong><\/span><\/h3>\n<p>\u8fd1\u671f\u65e5\u5e63\u7684\u532f\u7387\u8d70\u52e2\u53d6\u6c7a\u65bc\u4ee5\u4e0b\u5e7e\u500b\u56e0\u7d20\uff1a<\/p>\n<h5><strong>1 \/ \u5982\u4f55\u89e3\u6c7a\u7d93\u6fdf\u5fa9\u7526\u96e3\u984c<\/strong><\/h5>\n<p>\u65e5\u672c\u524d\u9996\u76f8\u5b89\u500d\u6649\u4e09\u65bc2020\u5e749\u670816\u65e5\u5378\u4efb\uff0c\u7531\u5b89\u500d\u6649\u4e09\u5de6\u53f3\u624b\u83c5\u7fa9\u5049\u63a5\u4efb\uff0c\u65b0\u51a0\u75ab\u60c5\u65bc2020\u5e74\u7684\u7a81\u8972\uff0c\u65e5\u672c\u7d93\u6fdf\u5927\u53d7\u6253\u64ca\uff0c\u5b89\u500d\u7d93\u6fdf\u5b78\u6210\u6548\u5e7e\u4e4e\u5316\u70ba\u70cf\u6709\u3002\u518d\u8005\uff0c\u65e5\u672c\u4eba\u53e3\u8001\u5316\u3001\u51fa\u751f\u7387\u6301\u7e8c\u4f4e\u8ff7\u8207\u52de\u52d5\u529b\u4e0d\u8db3\u7684\u554f\u984c\uff0c\u81f3\u4eca\u672a\u7372\u5f97\u6709\u6548\u89e3\u6c7a\uff0c\u4e14\u6295\u51653\u5146\u65e5\u5e63\u7684\u5967\u904b\u6703\u53c8\u5ef6\u5f8c\u8209\u8fa6\uff0c\u9019\u6a23\u7684\u7d93\u6fdf\u80cc\u666f\u8b93\u4eba\u4e0d\u5bb9\u6a02\u89c0\u65e5\u5e63\u5f8c\u5e02\u3002\u75ab\u60c5\u7d50\u675f\u5f8c\uff0c\u8001\u5e74\u4eba\u793e\u6703\u798f\u5229\u53ca\u63d0\u9ad8\u751f\u7522\u529b\u7b49\u9810\u6599\u7e7c\u7e8c\u6210\u70ba\u96e3\u984c\uff0c\u9084\u5f97\u9762\u5c0d\u50b5\u53f0\u9ad8\u7bc9\u7684\u56f0\u5883\uff0c\u56e0\u65e5\u672c\u7e3d\u50b5\u52d9\u5df2\u63a5\u8fd1GDP\u76842.4\u500d\u3002<\/p>\n<h5><strong>2 \/ \u5bec\u9b06\u8ca8\u5e63\u653f\u7b56\u662f\u5426\u5ef6\u7e8c<\/strong><\/h5>\n<p>\u65e5\u9280\u5bec\u9b06\u8ca8\u5e63\u653f\u7b56\u6548\u76ca\u905e\u6e1b\uff0c\u56e0\u6b64\u65e5\u672c\u653f\u5e9c\u7684\u64f4\u5f35\u6027\u8ca1\u653f\u653f\u7b56\u5c07\u662f\u5f71\u97ff\u65e5\u5e63\u8d70\u52e2\u95dc\u9375\u3002\u5728\u83c5\u7fa9\u5049\u63a5\u4efb\u9996\u76f8\u5f8c\uff0c\u653f\u5e9c\u4ecd\u4e0d\u65b7\u64f4\u5927\u8ca1\u653f\u8a08\u756b\uff0c\u751a\u81f3\u65bc2020\u5e7412\u6708\u901a\u904e\u65e5\u672c\u6b77\u53f2\u65b0\u9ad8\u76842021\u5e74\u9810\u7b97\u6848\u3002\u65e5\u9280\u76ee\u524d\u5be6\u65bd\u7684\u8ca8\u5e63\u653b\u7b56\u5de5\u5177\u4e5f\u96e3\u505c\u6b62\uff0c\u56e0\u6b64\u5bec\u9b06\u65e5\u5e63\u80cc\u666f\u77ed\u671f\u5167\u6975\u96e3\u6539\u8b8a\u3002<\/p>\n<h5><strong>3 \/ \u65e5\u5e63\u907f\u96aa\u5730\u4f4d\u6216\u8abf\u6574\u00a0<\/strong><\/h5>\n<p>\u5168\u7403\u80a1\u5e02\u8d70\u52e2\uff0c\u7279\u5225\u662f\u65e5\u80a1\uff0c\u66fe\u5728\u4e00\u6bb5\u6642\u9593\u8207\u65e5\u5e63\u70ba\u8ca0\u76f8\u95dc\u3002\u4e0d\u904e\uff0c\u8fd1\u5e74\u9019\u7a2e\u8ca0\u76f8\u95dc\u5df2\u5927\u4e0d\u5982\u524d\uff0c\u751a\u81f3\u6709\u540c\u5411\u7684\u60c5\u6cc1\u3002\u5168\u7403\u8cc7\u91d1\u5927\u653e\u6c34\u6642\u4ee3\u4f86\u81e8\uff0c\u65e5\u5713\u4ee5\u4f4e\u5229\u7387\u6f14\u8b8a\u51fa\u4f86\u7684\u907f\u96aa\u89d2\u8272\u5df2\u6c92\u6709\u9019\u9ebc\u9bae\u660e\u3002\u6295\u8cc7\u8005\u5728\u9078\u64c7\u907f\u96aa\u8cc7\u7522\u4e0a\uff0c\u66f4\u50be\u5411\u6301\u6709\u7f8e\u5143\u53ca\u9ec3\u91d1\uff0c\u751a\u81f3\u6bd4\u7279\u5e63\u3002<\/p>\n<h5><strong>4 \/ \u570b\u969b\u5f62\u52e2\u6025\u5287\u8f49\u8b8a<\/strong><\/h5>\n<p>2020\u5e74\u65b0\u51a0\u5371\u6a5f\u53ca\u904e\u53bb\u7279\u6717\u666e\u653f\u5e9c\u5e7e\u5e74\u7684\u5916\u4ea4\u653f\u7b56\uff0c\u5df2\u5c0e\u81f4\u570b\u969b\u5c40\u52e2\u5b8c\u5168\u4e0d\u540c\u3002\u5047\u5982\u4e2d\u7f8e\u95dc\u4fc2\u672a\u80fd\u77ed\u671f\u6539\u5584\uff0c\u65e5\u672c\u5728\u653f\u6cbb\u7acb\u5834\u4e0a\u53ca\u5730\u7de3\u4f4d\u7f6e\u4e0a\uff0c\u6050\u6015\u906d\u5230\u6ce2\u53ca\u3002\u65e5\u5713\u4f5c\u70ba\u5132\u5099\u8ca8\u5e63\u4e4b\u4e00\uff0c\u5176\u8655\u5728\u4e9e\u6d32\u800c\u53ef\u907f\u514d\u6b50\u7f8e\u5730\u5340\u98a8\u96aa\u7684\u512a\u52e2\uff0c\u6216\u5c31\u6c92\u90a3\u9ebc\u5927\uff0c\u6216\u5c31\u524a\u5f31\u4e86\u4e00\u4e9b\u57fa\u672c\u9700\u6c42\u3002<\/p>\n<p><img decoding=\"async\" width=\"1024\" height=\"731\" class=\"alignnone wp-image-85555 size-large\" src=\"https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/12\/word-image-2-1024x731.jpeg\" alt=\"\u5716 4\uff1a\u65e5\u672c\u653f\u5e9c\u50b5\u52d9\u4f54GDP\u6bd4\u91cd(2010\u5e74\u81f32019\u5e74)\" srcset=\"https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/12\/word-image-2-300x214.jpeg 300w, https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/12\/word-image-2-1024x731.jpeg 1024w, https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/12\/word-image-2-768x549.jpeg 768w, https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/12\/word-image-2.jpeg 1267w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><br \/>\n<em>\u5716 3\uff1a\u65e5\u672c\u653f\u5e9c\u50b5\u52d9\u4f54GDP\u6bd4\u91cd(2010\u5e74\u81f32019\u5e74)<\/em><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" width=\"1123\" height=\"722\" class=\"alignnone wp-image-85564\" src=\"https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/12\/word-image-188.png\" alt=\"\u5716 5: \u7f8e\u65e5\u5c0d\u8207\u65e5\u7d93\u6307\u6578\u8d70\u52e2\u95dc\u4fc2\u5716(2004\u5e74\u81f32020\u5e74)\" srcset=\"https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/12\/word-image-188-300x193.png 300w, https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/12\/word-image-188-1024x658.png 1024w, https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/12\/word-image-188-768x494.png 768w, https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/12\/word-image-188.png 1123w\" sizes=\"(max-width: 1123px) 100vw, 1123px\" \/><br \/>\n<em>\u5716 4: \u7f8e\u65e5\u5c0d\u8207\u65e5\u7d93\u6307\u6578\u8d70\u52e2\u95dc\u4fc2\u5716(2004\u5e74\u81f32020\u5e74)<\/em><\/p>\n<h3><span style=\"color: #0055a5\"><strong>III. 2021 \u65e5\u5e63\u8d70\u52e2\u9810\u6e2c<\/strong><\/span><\/h3>\n<p>\u65e5\u672c\u653f\u5e9c\u653f\u7b56\u5df2\u7d93\u8457\u773c\u75ab\u60c5\u5f8c\u6642\u671f\uff0c\u4e26\u5df2\u7acb\u6cd5\u660e\u5b9a\u63a5\u7a2e\u65b0\u51a0\u75c5\u6bd2\u75ab\u82d7\u70ba\u570b\u6c11\u7fa9\u52d9\uff0c\u4e14\u8cbb\u7528\u5c07\u7531\u653f\u5e9c\u8ca0\u64d4\u3002\u76ee\u524d\u8f1d\u745e\u75ab\u82d7\u53caModerna\u75ab\u82d7\u53d6\u5f97\u591a\u570b\u7dca\u6025\u4f7f\u7528\u6388\u6b0a(EUA)\uff0c\u4e26\u65bc\u6b50\u7f8e\u5730\u5340\u958b\u59cb\u63a5\u7a2e\uff0c\u82e5\u75ab\u82d7\u6709\u6548\u6027\u53ca\u5b89\u5168\u6027\u7372\u78ba\u8a8d\u5f8c\uff0c\u65e5\u672c\u5c07\u8b93\u570b\u6c11\u5168\u9762\u63a5\u7a2e\uff0c\u52d9\u6c42\u76e1\u5feb\u5168\u9762\u91cd\u555f\u65e5\u672c\u7d93\u6fdf\uff0c\u9019\u6216\u63a8\u5347\u65e5\u5e63\u9700\u6c42\u3002<\/p>\n<p>\u5728\u65b0\u51a0\u5371\u6a5f\u6642\uff0c\u7f8e\u5143\u4e00\u5ea6\u53d7\u5230\u907f\u96aa\u8cc7\u91d1\u8ffd\u6367\u4e0a\u6f32\uff0c\u4f46\u96a8\u8457\u7f8e\u570b\u653f\u5e9c\u63a8\u51fa\u5927\u898f\u6a21\u8ca1\u653f\u63aa\u65bd\uff0c\u7f8e\u806f\u5132\u53c8\u964d\u606f\u81f3\u8fd1\u96f6\uff0c\u4e26\u63a8\u51fa\u7121\u9650\u91cf\u91cf\u5316\u5bec\u9b06\uff0c\u5f31\u7f8e\u5143\u6642\u4ee3\u6050\u518d\u6b21\u51fa\u73fe\u3002\u5728\u7f8e\u570b\u7d93\u6fdf\u5b8c\u5168\u5fa9\u7526\u524d\uff0c\u7279\u5225\u662f\u88ab\u8a8d\u70ba\u9d3f\u6d3e\u7684\u524d\u7f8e\u806f\u5132\u4e3b\u5e2d\u8036\u502b\u64d4\u4efb\u65b0\u8ca1\u9577\uff0c\u5916\u754c\u76f8\u4fe1\u7f8e\u5143\u532f\u7387\u4e26\u4e0d\u6703\u53d7\u7576\u5c40\u512a\u5148\u8003\u91cf\uff0c\u800c\u8fd1\u4f86\u65b0\u51a0\u75ab\u82d7\u597d\u6d88\u606f\u4e0d\u65b7\uff0c\u5e02\u5834\u60c5\u7dd2\u8da8\u5411\u6a02\u89c0\uff0c\u7f8e\u5143\u5f31\u52e2\u5df2\u8b8a\u76f8\u63a8\u5347\u65e5\u5e63\u3002<\/p>\n<p>\u7576\u7136\uff0c\u65e5\u672c\u5bec\u9b06\u7684\u8ca8\u5e63\u653f\u7b56\u53ca\u64f4\u5f35\u6027\u8ca1\u653f\u653f\u7b56\uff0c\u5c31\u662f\u70ba\u4e86\u907f\u514d\u65e5\u5e63\u904e\u5ea6\u5347\u503c\uff0c\u4e0d\u904e\u5168\u7403\u4f4e\u5229\u7387\u6642\u4ee3\u80cc\u666f\u4e0b\uff0c\u65e5\u5e63\u8cb6\u503c\u7a7a\u9593\u4e5f\u4e0d\u6703\u592a\u5927\u3002\u5728\u65e5\u672c\u5404\u9805\u8ca8\u5e63\u53ca\u8ca1\u653f\u63aa\u65bd\u672a\u53d6\u6d88\u524d\uff0c\u53c8\u6216\u5728\u65e5\u672c\u672a\u4f86\u7d93\u6fdf\u7d50\u69cb\u51fa\u73fe\u91cd\u5927\u6539\u8b8a\u524d\uff0c\u4f8b\u5982\u52de\u52d5\u529b\u4e0d\u8db3\u7684\u554f\u984c\uff0c\u65e5\u5e63\u65e2\u4e0d\u60b2\u89c0\uff0c\u4f46\u4e0d\u6703\u904e\u65bc\u6a02\u89c0\u3002\u5408\u7406\u5730\u9810\u8a08\uff0c\u65e5\u5e63\u6301\u7e8c\u7dad\u6301\u9707\u76ea\u6a5f\u6703\u9817\u5927\u3002<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" width=\"849\" height=\"657\" class=\"alignnone wp-image-85573\" src=\"https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/12\/word-image-189.png\" alt=\"\u5716 5:\u00a0 \u7f8e\u65e5\u5c0d\u6708\u7dda\u5716\" srcset=\"https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/12\/word-image-189-300x232.png 300w, https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/12\/word-image-189-768x594.png 768w, https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/12\/word-image-189.png 849w\" sizes=\"(max-width: 849px) 100vw, 849px\" \/><br \/>\n<em>\u5716 5:\u00a0 \u7f8e\u65e5\u5c0d\u6708\u7dda\u5716<\/em><\/p>\n<p>\u7f8e\u65e5\u5c0d\u5f9e2012\u5e74\u521d\u4f4e\u9ede\u7d0475.74\u4e0a\u6f32\u81f3\u7d04125.77\uff0c\u96d6\u8dcc\u7834\u6b64\u4e0a\u884c\u8da8\u52e2\uff0c\u9032\u5165\u56de\u8abf\u968e\u6bb5\u4e26\u4e00\u5ea6\u5047\u8dcc\u7834100\u95dc\u53e3\uff0c\u4f46\u6b64\u4e0b\u8dcc\u5e45\u5ea6\u4ecd\u672a\u6253\u7834\u591a\u65b9\u683c\u5c40\uff0c\u51fa\u73fe\u53cd\u5f48\u5f8c\u9032\u5165\u9707\u76ea\u4e09\u89d2\u6574\u7406\u3002<\/p>\n<p>\u89c0\u5bdf\u4e00\u76ee\u5747\u8861\u5716\u7684\u5feb\u6162\u7dda\u7cfe\u7d50\uff0c\u96f2\u5e36\u5f9e\u7d05\u7ffb\u7da0\uff0c\u50f9\u683c\u8655\u65bc\u96f2\u5c64\u53caEMA120(\u7d2b\u7dda)\u4e0b\u65b9\uff0c\u4e26\u53c3\u8003\u9ad8\u9ede\u5c64\u5c64\u4f4e\u7684\u5047\u60f3\u4e0b\u884c\u8da8\u52e2\u7dda(\u85cd\u865b\u7dda)\uff0c\u5224\u65b7\u77ed\u7dda\u4e0a\u7a7a\u65b9\u529b\u9053\u8f03\u5f37\uff0c\u4f46\u672a\u8dcc\u7834100\u95dc\u53e3\u5275\u4f4e\u524d\uff0c\u6b64\u8da8\u52e2\u7dda\u4e26\u975e\u6709\u6548\uff0c\u82e5\u8dcc\u7834\u5c07\u53ef\u4ee5\u53c3\u8003\u6b64\u8da8\u52e2\u7dda\u70ba\u4e0a\u65b9\u58d3\u529b\u4f3a\u6a5f\u9032\u7a7a\uff0c\u6599\u5f8c\u5e02\u5c07\u77ed\u66ab\u9707\u76ea\u4e0b\u884c\uff0c\u5f85\u591a\u65b9\u8868\u614b\u4e0a\u653b\u3002<\/p>\n<h3><span style=\"color: #0055a5\"><strong>\u65e5\u5e63\u6295\u8cc7\u7684\u65b9\u5f0f<\/strong><\/span><\/h3>\n<p>\u65e5\u9280\u9577\u671f\u7dad\u6301\u4f4e\u5229\u7387\u751a\u81f3\u662f\u8ca0\u5229\u7387\u653f\u7b56\uff0c\u5927\u91cf\u65e5\u672c\u5bb6\u5ead\u4e0d\u6eff\u8db3\u5fae\u8584\u5229\u606f\u6536\u5165\uff0c\u7d1b\u7d1b\u5c07\u8cc7\u91d1\u6295\u5165\u6d77\u5916\u5e02\u5834\u8cfa\u53d6\u8f03\u9ad8\u6536\u76ca\uff0c\u6839\u64da2019\u5e74\u5e95\u5c0d\u5916\u6de8\u8cc7\u7522\u7d71\u8a08\uff0c\u65e5\u672c\u5c0d\u5916\u6de8\u8cc7\u7522\u9ad8\u9054\u7d043.4\u842c\u5104\u7f8e\u5143\uff0c\u4ee4\u65e5\u672c\u6210\u70ba\u5168\u7403\u6700\u5927\u50b5\u6b0a\u570b\u3002<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" width=\"1268\" height=\"821\" class=\"alignnone wp-image-85582\" src=\"https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/12\/word-image-3.jpeg\" alt=\"\u5716 6: \u5168\u7403\u5c0d\u5916\u6de8\u8cc7\u7522\u6392\u540d (2019\u5e74)\" srcset=\"https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/12\/word-image-3-300x194.jpeg 300w, https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/12\/word-image-3-1024x663.jpeg 1024w, https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/12\/word-image-3-768x497.jpeg 768w, https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/12\/word-image-3.jpeg 1268w\" sizes=\"(max-width: 1268px) 100vw, 1268px\" \/><br \/>\n<em>\u5716 6: \u5168\u7403\u5c0d\u5916\u6de8\u8cc7\u7522\u6392\u540d (2019\u5e74)<\/em><\/p>\n<p>\u5916\u532f\u5132\u5099\u6578\u64da\u622a\u81f32020\u5e74Q2\u70ba\u6b62\uff0c\u65e5\u672c\u6392\u540d\u50c5\u6b21\u65bc\u4e2d\u570b\uff0c\u5916\u532f\u5132\u5099\u6392\u540d\u5168\u7403\u7b2c\u4e8c\u3002<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" width=\"1212\" height=\"745\" class=\"alignnone wp-image-85591\" src=\"https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/12\/unnamed-file-1.jpeg\" alt=\"\u4e16\u754c\u5916\u532f\u5132\u5099\u6392\u540d (\u6578\u64da\u7d50\u7b97\u81f32020\u5e74Q2)\" srcset=\"https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/12\/unnamed-file-1-300x184.jpeg 300w, https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/12\/unnamed-file-1-1024x629.jpeg 1024w, https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/12\/unnamed-file-1-768x472.jpeg 768w, https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/12\/unnamed-file-1.jpeg 1212w\" sizes=\"(max-width: 1212px) 100vw, 1212px\" \/><\/p>\n<p><em>\u5716 7: \u4e16\u754c\u5916\u532f\u5132\u5099\u6392\u540d (\u6578\u64da\u7d50\u7b97\u81f32020\u5e74Q2)<\/em><\/p>\n<p>\u8a31\u591a\u6295\u8cc7\u8005\u95dc\u6ce8\u65e5\u672c\u9245\u984d\u570b\u50b5\u53ef\u80fd\u5f15\u767c\u7684\u50b5\u52d9\u554f\u984c\uff0c\u4f46\u65e5\u672c\u8eab\u70ba\u5168\u7403\u7b2c\u4e09\u5927\u7d93\u6fdf\u9ad4\uff0c\u53c8\u662f\u5168\u7403\u6700\u5927\u50b5\u6b0a\u570b\uff0c\u4e14\u64c1\u6709\u96c4\u539a\u7684\u5916\u532f\u5132\u5099\uff0c\u8655\u65bc\u4e9e\u6d32\u7684\u91cd\u8981\u5730\u7de3\u4f4d\u7f6e\uff0c\u56e0\u6b64\u65e5\u5e63\u4ecd\u6df1\u53d7\u8cc7\u7522\u914d\u7f6e\u6295\u8cc7\u8005\u7684\u559c\u611b\uff0c\u4ee5\u4e0b\u63d0\u4f9b\u5e38\u898b\u6295\u8cc7\u65e5\u5e63\u7684\u65b9\u5f0f\uff1a<\/p>\n<h5><strong>1 \/ \u5916\u5e63\u5e33\u6236\u8cb7\u8ce3<\/strong><\/h5>\n<p>\u5916\u5e63\u5e33\u6236\u8cb7\u8ce3\u70ba\u8f03\u70ba\u4fdd\u5b88\u7684\u6295\u8cc7\u65b9\u5f0f\uff0c\u4f46\u9700\u8981\u4e8b\u5148\u958b\u7acb\u4e00\u500b\u672c\u5e63\u5e33\u6236\u4f86\u505a\u514c\u63db\u7684\u52d5\u4f5c\uff0c\u5982\u679c\u9810\u671f\u65e5\u5e63\u532f\u7387\u5c07\u5728\u672a\u4f86\u8d70\u5f37\uff0c\u6295\u8cc7\u8005\u53ef\u89c0\u5bdf\u9280\u884c\u724c\u544a\u532f\u7387\uff0c\u9069\u6642\u9022\u4f4e\u8cfc\u5165\u65e5\u5e63\u81f3\u5916\u5e63\u5e33\u6236\uff0c\u7b49\u5230\u65e5\u5e63\u5982\u9810\u671f\u822c\u8d70\u5f37\u5f8c\uff0c\u518d\u5c07\u65e5\u5e63\u65bc\u9ad8\u50f9\u8ce3\u51fa\uff0c\u514c\u63db\u56de\u4f86\u7684\u672c\u5e63\u5dee\u5373\u662f\u7372\u5229\u3002<\/p>\n<p><strong>\u76f8\u95dc\u6587\u7ae0\uff1a<span style=\"text-decoration: underline\"><a href=\"https:\/\/www.zfx.com\/zh-hant\/academy\/%e5%a4%96%e5%b9%a3%e5%b8%b3%e6%88%b6-%e5%8a%9f%e8%83%bd-%e9%96%8b%e6%88%b6%e6%b5%81%e7%a8%8b%e6%95%99%e5%ad%b8\/\">\u5916\u5e63\u5e33\u6236\u7684\u4e09\u5927\u529f\u80fd \u7c21\u6613\u958b\u6236\u6d41\u7a0b\u6559\u5b78<\/a><\/span><\/strong><\/p>\n<h5><strong>2 \/ \u671f\u8ca8\u4ea4\u6613<\/strong><\/h5>\n<p>\u5927\u591a\u671f\u8ca8\u4ea4\u6613\u6240\u4e2d\u90fd\u6709\u65e5\u5e63\u76f8\u95dc\u7684\u671f\u8ca8\u5408\u7d04\uff0c\u53ef\u4f9b\u6295\u8cc7\u8005\u9032\u884c\u4ea4\u6613\uff0c\u7559\u610f\u671f\u8ca8\u5408\u7d04\u662f\u6709\u5230\u671f\u65e5\u7684\uff0c\u82e5\u6700\u5f8c\u4ea4\u6613\u65e5\u6642\u672a\u9032\u884c\u5e73\u5009\u7684\u52d5\u4f5c\uff0c\u5c07\u9032\u884c\u7d50\u7b97\u53ca\u73fe\u91d1\u4ea4\u5272\u3002<\/p>\n<h5><strong>3 \/ \u5dee\u50f9\u5408\u7d04 (<a href=\"https:\/\/www.zfx.com\/zh-hant\/products\/forex\/\">\u5916\u532f\u4fdd\u8b49\u91d1\u4ea4\u6613<\/a>)<\/strong><\/h5>\n<p>\u5e02\u9762\u6d41\u884c\u7684\u6295\u8cc7\u65b9\u5f0f\u4e4b\u4e00\u300c<span style=\"text-decoration: underline\"><strong><a href=\"https:\/\/www.zfx.com\/zh-hant\/academy\/cfd-%e5%b7%ae%e5%83%b9%e5%90%88%e7%b4%84-%e6%98%af%e4%bb%80%e9%ba%bc\/\">\u5dee\u50f9\u5408\u7d04(CFD)<\/a><\/strong><\/span>\u300d\uff0c\u5305\u542b\u4e86\u591a\u500b\u76f4\u76e4\u6216\u4ea4\u53c9\u76e4\u7684\u8ca8\u5e63\u5c0d\u53ef\u4f9b\u4ea4\u6613\u3002\u5982\u679c\u4ea4\u6613\u8005\u8a8d\u70ba\u65e5\u5e63\u672a\u4f86\u5c07\u5347\u503c\uff0c\u53ef\u4ee5\u9078\u64c7\u5728\u532f\u5e02\u8ca8\u5e63\u5c0d\u7684USD\/JPY\u53ca\u5176\u4ed6\u65e5\u5e63\u4ea4\u53c9\u76e4\u5982EUR\/JPY\u3001GBP\/JPY\u505a\u7a7a (\u770b\u8dcc) \u3002\u53cd\u4e4b\uff0c\u82e5\u8a8d\u70ba\u672a\u4f86\u65e5\u5e63\u5c07\u6301\u7e8c\u8cb6\u503c\uff0c\u5247\u65bc\u9019\u4e9b\u8ca8\u5e63\u5c0d\u9078\u64c7\u505a\u591a (\u770b\u6f32) \u3002\u9019\u65b9\u5f0f\u76f8\u7576\u9069\u5408\u8f03\u77ed\u4e2d\u7dda\u7684\u6295\u8cc7\u8005\u983b\u7e41\u5165\u5e02\uff0c\u4e5f\u80fd\u70ba\u4ed6\u5011\u5728\u4e00\u4e9b\u5340\u9593\u9707\u76ea\u7684\u884c\u60c5\u8d70\u52e2\u4f86\u56de\u6355\u6349\u5229\u6f64\u3002<\/p>\n<p><strong>\u5176\u4ed6\u8ca8\u5e63\u8d70\u52e2\u5206\u6790\uff1a<\/strong><\/p>\n<p><span style=\"text-decoration: underline\"><strong><a href=\"https:\/\/www.zfx.com\/zh-hant\/academy\/%e7%be%8e%e9%87%91-%e5%8c%af%e7%8e%87-%e8%b5%b0%e5%8b%a2-%e9%a0%90%e6%b8%ac\/\" target=\"_blank\" rel=\"noopener noreferrer\">\u7f8e\u91d1\u532f\u7387\u8d70\u52e2\u9810\u6e2c 2021<\/a><\/strong><\/span><\/p>\n<p><span style=\"text-decoration: underline\"><strong><a href=\"https:\/\/www.zfx.com\/zh-hant\/academy\/%e6%ad%90%e5%85%83-%e5%8c%af%e7%8e%87-%e8%b5%b0%e5%8b%a2-%e9%a0%90%e6%b8%ac\/\">\u6b50\u5143\u532f\u7387\u8d70\u52e2\u9810\u6e2c 2021<\/a><\/strong><\/span><\/p>\n<p>\u2014\u2014<\/p>\n<h5><strong>\u95dc\u65bc\u00a0<a href=\"https:\/\/www.zfx.com\/zh-hant\/\">ZFX (Zeal Capital Market)<\/a><\/strong><\/h5>\n<ul>\n<li>\u53d7FCA\u3001FSA\u76e3\u7ba1\uff0c\u69ae\u7372 Financial Weekly 2019\u5e74 \u6700\u4f73\u4ea4\u6613\u5e73\u53f0<\/li>\n<li>\u63d0\u4f9b100+ \u7a2e\u4ea4\u6613\u7522\u54c1\uff0c\u5305\u62ec<strong><a href=\"https:\/\/www.zfx.com\/zh-hant\/products\/forex\/\">\u5916\u532f<\/a><\/strong>\u3001<strong><a href=\"https:\/\/www.zfx.com\/zh-hant\/products\/shares\/\">\u80a1\u7968<\/a><\/strong>\u3001<strong><a href=\"https:\/\/www.zfx.com\/zh-hant\/products\/indices\/\">\u6307\u6578<\/a><\/strong>\u3001<strong><a href=\"https:\/\/www.zfx.com\/zh-hant\/products\/commodities\/\">\u9ec3\u91d1<\/a><\/strong>\u3001<strong><a href=\"https:\/\/www.zfx.com\/zh-hant\/products\/commodities\/\">\u539f\u6cb9<\/a><\/strong>\u7b49<\/li>\n<li>\u4e09\u7a2e<strong><a href=\"https:\/\/www.zfx.com\/zh-hant\/accounts\/\">\u4ea4\u6613\u5e33\u6236<\/a><\/strong>\uff0c\u6eff\u8db3\u4e0d\u540c\u5ba2\u6236\u7684\u6295\u8cc7\u9700\u6c42<\/li>\n<li>\u96f6\u4f63\u91d1\u3001\u4f4e\u50f9\u5dee\uff0c\u6760\u687f\u7387\u9ad8\u90541 : 2000<\/li>\n<li>\u5f37\u5927\u7684\u4ea4\u6613\u7cfb\u7d71\uff0c\u6bcf\u79d2\u57f7\u884c50,000\u8a02\u55ae<\/li>\n<li>\u6700\u4f4e\u5165\u91d150\u7f8e\u91d1\u5373\u53ef\u958b\u6236<\/li>\n<li>24\u5c0f\u6642<strong><a href=\"https:\/\/www.zfx.com\/zh-hant\/about-zfx\/contact-us\/\">\u4e2d\u6587\u5ba2\u6236\u670d\u52d9<\/a><\/strong><\/li>\n<\/ul>\n<p><a href=\"https:\/\/my.zfx.com\/zh-hant\/reg\/truely\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-53444 size-full\" src=\"https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/08\/start-trading-tc.jpg\" alt=\"\" width=\"130\" height=\"48\" \/><\/a><br \/>\n\u2014\u2014<\/p>\n<p><strong>\u98a8\u96aa\u63d0\u793a<\/strong><strong>:<\/strong><strong>\u4ee5\u4e0a\u5167\u5bb9\u50c5\u4f9b\u53c3\u8003\uff0c\u4e0d\u4ee3\u8868<\/strong><strong>ZFX<\/strong><strong>\u7acb\u5834\uff0c<\/strong><strong>ZFX<\/strong><strong>\u4e0d\u627f\u64d4\u6839\u64da\u672c\u6587\u6240\u9032\u884c\u4efb\u4f55\u8cb7\u8ce3\u64cd\u4f5c\u800c\u5c0e\u81f4\u7684\u4efb\u4f55\u5f62\u5f0f\u640d\u5931\u3002\u8acb\u5805\u5b9a\u81ea\u5df1\u7684\u601d\u8def\uff0c\u505a\u597d\u76f8\u61c9\u98a8\u96aa\u63a7\u5236\u3002<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u65e5\u5e63\u5728\u5916\u532f\u5e02\u5834\u4e2d\u4e00\u76f4\u6975\u53d7\u95dc\u6ce8\uff0c\u4e5f\u4e00\u5ea6\u5728\u532f\u5e02\u5957\u606f\u4ea4\u6613\u76db\u884c\u6642\u6210\u70ba\u4e3b\u89d2\u3002\u672c\u6587\u5c07\u8b1b\u8ff0\u65e5\u5e63\u904e\u53bb\u8d70\u52e2\uff0c\u63d0\u51fa\u8fd1\u671f\u53ef\u80fd\u5f71\u97ff\u65e5\u5e63\u532f\u7387\u56e0\u7d20\uff0c\u672a\u4f86\u65e5\u5e63\u8d70\u52e2\u9810\u6e2c\uff0c\u6700\u5f8c\u5c07\u4ecb\u7d39\u5e38\u898b\u6295\u8cc7\u65e5\u5e63\u7684\u65b9\u5f0f\u3002<\/p>\n","protected":false},"author":87,"featured_media":85683,"template":"","academy_categories":[11011],"academy_tags":[],"class_list":["post-85527","academy","type-academy","status-publish","has-post-thumbnail","hentry","academy_categories-forex-trading-tc"],"acf":[],"current_lang":"zh-hant","_links":{"self":[{"href":"https:\/\/www.zfx.com\/zh-hant\/wp-json\/wp\/v2\/academy\/85527","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zfx.com\/zh-hant\/wp-json\/wp\/v2\/academy"}],"about":[{"href":"https:\/\/www.zfx.com\/zh-hant\/wp-json\/wp\/v2\/types\/academy"}],"author":[{"embeddable":true,"href":"https:\/\/www.zfx.com\/zh-hant\/wp-json\/wp\/v2\/users\/87"}],"version-history":[{"count":0,"href":"https:\/\/www.zfx.com\/zh-hant\/wp-json\/wp\/v2\/academy\/85527\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zfx.com\/zh-hant\/wp-json\/wp\/v2\/media\/85683"}],"wp:attachment":[{"href":"https:\/\/www.zfx.com\/zh-hant\/wp-json\/wp\/v2\/media?parent=85527"}],"wp:term":[{"taxonomy":"academy_categories","embeddable":true,"href":"https:\/\/www.zfx.com\/zh-hant\/wp-json\/wp\/v2\/academy_categories?post=85527"},{"taxonomy":"academy_tags","embeddable":true,"href":"https:\/\/www.zfx.com\/zh-hant\/wp-json\/wp\/v2\/academy_tags?post=85527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}