{"id":24977,"date":"2026-07-07T13:56:55","date_gmt":"2026-07-07T05:56:55","guid":{"rendered":"https:\/\/openhub365.cn\/?p=24977"},"modified":"2026-07-14T10:04:55","modified_gmt":"2026-07-14T02:04:55","slug":"101-%e5%95%86%e5%8a%a1%e8%8b%b1%e8%af%ad%ef%bc%9a%e5%ae%8f%e8%a7%82%e9%87%91%e8%9e%8d%e4%b8%8e%e5%b8%82%e5%9c%ba","status":"publish","type":"post","link":"https:\/\/openhub365.cn\/index.php\/2026\/07\/07\/101-%e5%95%86%e5%8a%a1%e8%8b%b1%e8%af%ad%ef%bc%9a%e5%ae%8f%e8%a7%82%e9%87%91%e8%9e%8d%e4%b8%8e%e5%b8%82%e5%9c%ba\/","title":{"rendered":"101.\u5546\u52a1\u82f1\u8bed\uff1a\u5b8f\u89c2\u91d1\u878d\u4e0e\u5e02\u573a"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">\u4e86\u89e3\u66f4\u591a<a href=\"https:\/\/openhub365.cn\/index.php\/2026\/04\/22\/%e5%85%ab%e5%a4%a7%e6%97%b6%e6%80%818%e7%af%87%e7%9b%ae%e5%bd%95\/\" data-type=\"post\" data-id=\"489\">\u516b\u5927\u65f6\u6001\u89e3\u6790\u76ee\u5f55<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">101.&nbsp;nominal GDP<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8n\u0252m\u026anl d\u0292i\u02d0 di\u02d0 \u02c8pi\u02d0\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u540d\u4e49\u56fd\u5185\u751f\u4ea7\u603b\u503c\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u4ee5\u5f53\u671f\u5e02\u573a\u73b0\u4ef7\u6838\u7b97\u3001\u672a\u5254\u9664\u901a\u80c0\u5f71\u54cd\u7684GDP\u6570\u503c<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aNominal GDP rises faster when commodity prices surge sharply.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u5927\u5b97\u5546\u54c1\u5927\u5e45\u6da8\u4ef7\u65f6\uff0c\u540d\u4e49GDP\u589e\u901f\u4f1a\u660e\u663e\u8d70\u9ad8\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">102.&nbsp;real GDP<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/ri\u02d0\u0259l d\u0292i\u02d0 di\u02d0 \u02c8pi\u02d0\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u5b9e\u9645\u56fd\u5185\u751f\u4ea7\u603b\u503c\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u6263\u9664\u7269\u4ef7\u901a\u80c0\u56e0\u7d20\u3001\u53cd\u6620\u771f\u5b9e\u4ea7\u51fa\u589e\u957f\u6c34\u5e73\u7684GDP<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aOnly real GDP data can reflect genuine economic expansion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u53ea\u6709\u5b9e\u9645GDP\u6570\u636e\u624d\u80fd\u53cd\u6620\u771f\u5b9e\u7684\u7ecf\u6d4e\u6269\u5f20\u60c5\u51b5\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">103.&nbsp;sovereign bond<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8s\u0252vr\u026an b\u0252nd\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u4e3b\u6743\u503a\u5238\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u7531\u4e00\u56fd\u4e2d\u592e\u653f\u5e9c\u53d1\u884c\u3001\u4ee5\u56fd\u5bb6\u4fe1\u7528\u80cc\u4e66\u7684\u4e2d\u957f\u671f\u503a\u5238<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aGlobal institutional investors widely hold high-grade sovereign bonds.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u5168\u7403\u673a\u6784\u6295\u8d44\u8005\u666e\u904d\u914d\u7f6e\u9ad8\u8bc4\u7ea7\u4e3b\u6743\u503a\u5238\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">104.&nbsp;capital appreciation<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8k\u00e6p\u026atl \u0259\u02ccpri\u02d0\u0283i\u02c8e\u026a\u0283n\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u8d44\u672c\u589e\u503c\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u80a1\u7968\u3001\u623f\u4ea7\u3001\u5927\u5b97\u5546\u54c1\u7b49\u8d44\u4ea7\u5e02\u4ef7\u4e0a\u6da8\u5e26\u6765\u7684\u8d26\u9762\u6536\u76ca<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aLow interest rates fuel capital appreciation of risk assets.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u4f4e\u5229\u7387\u73af\u5883\u52a9\u63a8\u98ce\u9669\u8d44\u4ea7\u8d44\u672c\u589e\u503c\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">105.&nbsp;capital depreciation<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8k\u00e6p\u026atl d\u026a\u02ccpri\u02d0\u0283i\u02c8e\u026a\u0283n\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u8d44\u672c\u8d2c\u503c\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u5e02\u573a\u6ce2\u52a8\u3001\u653f\u7b56\u53d8\u52a8\u5bfc\u81f4\u5404\u7c7b\u91d1\u878d\u8d44\u4ea7\u4ef7\u683c\u4e0b\u8dcc<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aGlobal capital depreciation occurred after aggressive rate hikes.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u6fc0\u8fdb\u52a0\u606f\u540e\u5168\u7403\u8d44\u4ea7\u666e\u904d\u51fa\u73b0\u8d44\u672c\u8d2c\u503c\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">106.&nbsp;foreign direct investment (FDI)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8f\u0252r\u026an d\u0259\u02c8rekt \u026an\u02c8vestm\u0259nt\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u5916\u5546\u76f4\u63a5\u6295\u8d44\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u5883\u5916\u8d44\u672c\u6765\u534e\u5efa\u5382\u3001\u5e76\u8d2d\u4f01\u4e1a\u3001\u957f\u671f\u6301\u80a1\u5b9e\u4f53\u6295\u8d44\u884c\u4e3a<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aOptimistic industrial prospects attract steady foreign direct investment.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u826f\u597d\u4ea7\u4e1a\u524d\u666f\u5438\u5f15\u7a33\u5b9a\u7684\u5916\u5546\u76f4\u63a5\u6295\u8d44\u6d41\u5165\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">107.&nbsp;outward direct investment (ODI)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8a\u028atw\u0259d d\u0259\u02c8rekt \u026an\u02c8vestm\u0259nt\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u5bf9\u5916\u76f4\u63a5\u6295\u8d44\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u672c\u56fd\u4f01\u4e1a\u8d74\u6d77\u5916\u5efa\u5382\u3001\u6536\u8d2d\u6d77\u5916\u516c\u53f8\u7684\u8de8\u5883\u5b9e\u4f53\u6295\u8d44<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aManufacturers expand outward direct investment to cut export costs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u5236\u9020\u4f01\u4e1a\u52a0\u5927\u5bf9\u5916\u76f4\u63a5\u6295\u8d44\u4ee5\u964d\u4f4e\u51fa\u53e3\u6210\u672c\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">108.&nbsp;consumer confidence index<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/k\u0259n\u02c8sju\u02d0m\u0259 \u02c8k\u0252nf\u026ad\u0259ns \u02c8\u026andeks\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u6d88\u8d39\u8005\u4fe1\u5fc3\u6307\u6570\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u8861\u91cf\u6c11\u4f17\u5bf9\u6536\u5165\u3001\u5c31\u4e1a\u3001\u672a\u6765\u6d88\u8d39\u610f\u613f\u7684\u666f\u6c14\u6307\u6807<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aThe consumer confidence index rebounded after tax relief policies.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u51cf\u7a0e\u653f\u7b56\u843d\u5730\u540e\u6d88\u8d39\u8005\u4fe1\u5fc3\u6307\u6570\u89e6\u5e95\u56de\u5347\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">109.&nbsp;leading indicator<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8li\u02d0d\u026a\u014b \u02c8\u026and\u026ake\u026at\u0259\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u5148\u884c\u7ecf\u6d4e\u6307\u6807\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u63d0\u524d\u9884\u5224\u7ecf\u6d4e\u5468\u671f\u62d0\u70b9\u7684\u7edf\u8ba1\u6570\u636e\uff0c\u5982\u8ba2\u5355\u3001\u4fe1\u8d37\u6570\u636e<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aFalling new orders act as a leading indicator of industrial slowdown.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u65b0\u589e\u8ba2\u5355\u4e0b\u6ed1\u662f\u5de5\u4e1a\u8d70\u5f31\u7684\u5148\u884c\u6307\u6807\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">110.&nbsp;lagging indicator<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8l\u00e6\u0261\u026a\u014b \u02c8\u026and\u026ake\u026at\u0259\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u6ede\u540e\u7ecf\u6d4e\u6307\u6807\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u7ecf\u6d4e\u53d8\u5316\u53d1\u751f\u540e\u624d\u540c\u6b65\u53d8\u52a8\u7684\u6570\u636e\uff0c\u5178\u578b\u4e3a\u5931\u4e1a\u7387<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aUnemployment rate is a lagging indicator of economic recession.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u5931\u4e1a\u7387\u662f\u7ecf\u6d4e\u8870\u9000\u7684\u6ede\u540e\u6307\u6807\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">111.&nbsp;coincident indicator<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/k\u0259\u028a\u02c8\u026ans\u026ad\u0259nt \u02c8\u026and\u026ake\u026at\u0259\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u540c\u6b65\u7ecf\u6d4e\u6307\u6807\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u4e0e\u7ecf\u6d4e\u666f\u6c14\u5ea6\u5b9e\u65f6\u540c\u6b65\u53d8\u52a8\u7684\u6307\u6807\uff0c\u5982\u5de5\u4e1a\u4ea7\u503c<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aIndustrial output serves as a coincident indicator of domestic demand.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u5de5\u4e1a\u4ea7\u503c\u662f\u53cd\u6620\u5185\u9700\u5f3a\u5f31\u7684\u540c\u6b65\u6307\u6807\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">112.&nbsp;liquidity crunch<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/l\u026a\u02c8kw\u026ad\u0259ti kr\u028cnt\u0283\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u6d41\u52a8\u6027\u67af\u7aed\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u5e02\u573a\u8d44\u91d1\u6781\u5ea6\u77ed\u7f3a\uff0c\u4f01\u4e1a\u3001\u91d1\u878d\u673a\u6784\u96be\u4ee5\u83b7\u53d6\u878d\u8d44<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aA massive liquidity crunch once swept through global emerging markets.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u4e00\u573a\u5927\u89c4\u6a21\u6d41\u52a8\u6027\u67af\u7aed\u5371\u673a\u66fe\u5e2d\u5377\u5168\u7403\u65b0\u5174\u5e02\u573a\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">113.&nbsp;liquidity surplus<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/l\u026a\u02c8kw\u026ad\u0259ti \u02c8s\u025c\u02d0pl\u0259s\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u6d41\u52a8\u6027\u8fc7\u5269\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u5e02\u573a\u6d41\u901a\u8d44\u91d1\u603b\u91cf\u8fdc\u8d85\u5b9e\u4f53\u7ecf\u6d4e\u878d\u8d44\u9700\u6c42\uff0c\u50ac\u751f\u8d44\u4ea7\u6ce1\u6cab<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aLong-term quantitative easing leads to persistent liquidity surplus.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u957f\u671f\u91cf\u5316\u5bbd\u677e\u9020\u6210\u6301\u7eed\u7684\u5e02\u573a\u6d41\u52a8\u6027\u8fc7\u5269\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">114.&nbsp;currency peg<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8k\u028cr\u0259nsi pe\u0261\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u8d27\u5e01\u9489\u4f4f\u5236\u5ea6\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u4e00\u56fd\u6c47\u7387\u56fa\u5b9a\u6302\u94a9\u67d0\u4e3b\u6d41\u5916\u5e01\uff0c\u9650\u5236\u672c\u5e01\u81ea\u7531\u6d6e\u52a8\u7a7a\u95f4<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aSome small economies adopt a currency peg to stabilize trade costs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u90e8\u5206\u5c0f\u578b\u7ecf\u6d4e\u4f53\u91c7\u7528\u8d27\u5e01\u9489\u4f4f\u5236\u5ea6\u7a33\u5b9a\u5916\u8d38\u6210\u672c\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">115.&nbsp;currency basket<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8k\u028cr\u0259nsi \u02c8b\u0251\u02d0sk\u026at\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u4e00\u7bee\u5b50\u8d27\u5e01\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u591a\u79cd\u4e3b\u6d41\u5916\u5e01\u7ec4\u5408\uff0c\u4f5c\u4e3a\u672c\u5e01\u6c47\u7387\u8c03\u8282\u7684\u53c2\u8003\u57fa\u51c6<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aThe central bank adjusts exchange rate based on a diversified currency basket.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u592e\u884c\u53c2\u8003\u591a\u5143\u5316\u4e00\u7bee\u5b50\u8d27\u5e01\u8c03\u8282\u6c47\u7387\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">116.&nbsp;fiscal revenue<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8f\u026askl \u02c8rev\u0259nju\u02d0\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u8d22\u653f\u6536\u5165\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u653f\u5e9c\u901a\u8fc7\u7a0e\u6536\u3001\u56fd\u6709\u8d44\u4ea7\u6536\u76ca\u7b49\u6e20\u9053\u83b7\u5f97\u5168\u90e8\u8d44\u91d1<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aBooming industrial trade drives rapid growth of fiscal revenue.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u5de5\u4e1a\u5916\u8d38\u7e41\u8363\u5e26\u52a8\u8d22\u653f\u6536\u5165\u5feb\u901f\u589e\u957f\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">117.&nbsp;fiscal expenditure<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8f\u026askl \u026ak\u02c8spend\u026at\u0283\u0259\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u8d22\u653f\u652f\u51fa\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u653f\u5e9c\u7528\u4e8e\u57fa\u5efa\u3001\u6c11\u751f\u3001\u793e\u4fdd\u3001\u4ea7\u4e1a\u6276\u6301\u7684\u5404\u7c7b\u5f00\u652f<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aFiscal expenditure focuses more on people\u2019s livelihood this year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u672c\u5e74\u5ea6\u8d22\u653f\u652f\u51fa\u91cd\u70b9\u5411\u6c11\u751f\u9886\u57df\u503e\u659c\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">118.&nbsp;asset bubble<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8\u00e6set \u02c8b\u028cbl\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u8d44\u4ea7\u6ce1\u6cab\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u8d44\u4ea7\u4ef7\u683c\u8131\u79bb\u5b9e\u9645\u57fa\u672c\u9762\u3001\u4f9d\u9760\u6295\u673a\u6301\u7eed\u865a\u9ad8\u7684\u5e02\u573a\u73b0\u8c61<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aLoose credit policies may create a dangerous real estate asset bubble.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u5bbd\u677e\u4fe1\u8d37\u653f\u7b56\u5bb9\u6613\u50ac\u751f\u5371\u9669\u7684\u623f\u5730\u4ea7\u8d44\u4ea7\u6ce1\u6cab\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">119.&nbsp;bubble burst<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8b\u028cbl b\u025c\u02d0st\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u6ce1\u6cab\u7834\u88c2\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u6295\u673a\u9000\u6f6e\u540e\u8d44\u4ea7\u4ef7\u683c\u65ad\u5d16\u5f0f\u4e0b\u8dcc\uff0c\u5f15\u53d1\u5e02\u573a\u8fde\u9501\u98ce\u9669<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aThe bubble burst triggered a long-term financial market adjustment.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u6ce1\u6cab\u7834\u88c2\u5f15\u53d1\u91d1\u878d\u5e02\u573a\u957f\u671f\u8c03\u6574\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">120.&nbsp;emerging market<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u026a\u02c8m\u025c\u02d0d\u0292\u026a\u014b \u02c8m\u0251\u02d0k\u026at\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u65b0\u5174\u5e02\u573a\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u7ecf\u6d4e\u9ad8\u901f\u53d1\u5c55\u3001\u91d1\u878d\u4f53\u7cfb\u5c1a\u4e0d\u5b8c\u5584\u7684\u53d1\u5c55\u4e2d\u56fd\u5bb6\u5e02\u573a<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aEmerging markets face greater pressure from overseas rate hikes.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u65b0\u5174\u5e02\u573a\u627f\u53d7\u66f4\u5927\u6d77\u5916\u52a0\u606f\u5e26\u6765\u7684\u538b\u529b\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">121.&nbsp;developed market<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/d\u026a\u02c8vel\u0259pt \u02c8m\u0251\u02d0k\u026at\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u53d1\u8fbe\u5e02\u573a\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u7ecf\u6d4e\u6210\u719f\u3001\u91d1\u878d\u76d1\u7ba1\u5b8c\u5584\u3001\u4eba\u5747\u6536\u5165\u8f83\u9ad8\u7684\u6210\u719f\u7ecf\u6d4e\u4f53<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aDeveloped markets rely heavily on consumption to drive growth.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u53d1\u8fbe\u5e02\u573a\u9ad8\u5ea6\u4f9d\u9760\u6d88\u8d39\u62c9\u52a8\u7ecf\u6d4e\u589e\u957f\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">122.&nbsp;balance of payments<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8b\u00e6l\u0259ns \u0252v \u02c8pe\u026am\u0259nts\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u56fd\u9645\u6536\u652f\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u4e00\u56fd\u4e00\u5b9a\u65f6\u671f\u5168\u90e8\u8de8\u5883\u8d38\u6613\u3001\u6295\u8d44\u3001\u8d44\u91d1\u5f80\u6765\u6536\u652f\u603b\u8d26<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aWe analyze monthly balance of payments to track cross-border capital flows.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u6211\u4eec\u901a\u8fc7\u6708\u5ea6\u56fd\u9645\u6536\u652f\u6570\u636e\u8ddf\u8e2a\u8de8\u5883\u8d44\u91d1\u6d41\u5411\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">123.&nbsp;current account<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8k\u028cr\u0259nt \u0259\u02c8ka\u028ant\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u7ecf\u5e38\u8d26\u6237\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u56fd\u9645\u6536\u652f\u6838\u5fc3\u5206\u9879\uff0c\u5305\u542b\u8d27\u7269\u8d38\u6613\u3001\u670d\u52a1\u3001\u6d77\u5916\u6536\u76ca\u6536\u652f<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aA stable surplus in current account supports the domestic currency.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u7ecf\u5e38\u8d26\u6237\u6301\u7eed\u987a\u5dee\u4e3a\u672c\u5e01\u63d0\u4f9b\u652f\u6491\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">124.&nbsp;capital account<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8k\u00e6p\u026atl \u0259\u02c8ka\u028ant\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u8d44\u672c\u8d26\u6237\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u8bb0\u5f55\u8de8\u5883\u80a1\u6743\u6295\u8d44\u3001\u503a\u5238\u6295\u8d44\u3001\u8de8\u5883\u501f\u8d37\u8d44\u91d1\u6d41\u52a8<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aShort-term speculative capital mainly flows through the capital account.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u77ed\u671f\u6295\u673a\u8d44\u91d1\u4e3b\u8981\u901a\u8fc7\u8d44\u672c\u8d26\u6237\u8de8\u5883\u6d41\u52a8\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">125.&nbsp;terms of trade<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/t\u025c\u02d0mz \u0252v tre\u026ad\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u8d38\u6613\u6761\u4ef6\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u4e00\u56fd\u51fa\u53e3\u5546\u54c1\u5747\u4ef7\u4e0e\u8fdb\u53e3\u5546\u54c1\u5747\u4ef7\u7684\u6bd4\u503c<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aRising crude prices worsen the terms of trade for oil-importer nations.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u539f\u6cb9\u6da8\u4ef7\u6076\u5316\u539f\u6cb9\u8fdb\u53e3\u56fd\u7684\u8d38\u6613\u6761\u4ef6\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">126.&nbsp;monetary base<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8m\u028cn\u026atri be\u026as\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u57fa\u7840\u8d27\u5e01\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u592e\u884c\u53d1\u884c\u6d41\u901a\u73b0\u91d1+\u94f6\u884c\u5b58\u653e\u592e\u884c\u51c6\u5907\u91d1\uff0c\u8d27\u5e01\u6295\u653e\u6839\u57fa<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aOpen market operations directly adjust the scale of monetary base.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u516c\u5f00\u5e02\u573a\u64cd\u4f5c\u76f4\u63a5\u8c03\u8282\u57fa\u7840\u8d27\u5e01\u89c4\u6a21\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">127.&nbsp;repo rate<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8ri\u02d0p\u0259\u028a re\u026at\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u9006\u56de\u8d2d\u5229\u7387\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u592e\u884c\u77ed\u671f\u5411\u5e02\u573a\u6295\u653e\u8d44\u91d1\u7684\u64cd\u4f5c\u5229\u7387\uff0c\u6d41\u52a8\u6027\u8c03\u8282\u5de5\u5177<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aThe central bank cut the repo rate to lower interbank financing costs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u592e\u884c\u4e0b\u8c03\u9006\u56de\u8d2d\u5229\u7387\u964d\u4f4e\u94f6\u884c\u95f4\u878d\u8d44\u6210\u672c\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">128.&nbsp;interbank lending market<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8\u026ant\u0259b\u00e6\u014bk \u02c8lend\u026a\u014b \u02c8m\u0251\u02d0k\u026at\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u94f6\u884c\u95f4\u62c6\u501f\u5e02\u573a\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u5546\u4e1a\u94f6\u884c\u4e4b\u95f4\u77ed\u671f\u4e92\u76f8\u62c6\u501f\u8d44\u91d1\u7684\u573a\u5185\u4ea4\u6613\u5e02\u573a<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aLiquidity tensions first appear in the interbank lending market.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u6d41\u52a8\u6027\u7d27\u5f20\u6700\u5148\u4f1a\u4f53\u73b0\u5728\u94f6\u884c\u95f4\u62c6\u501f\u5e02\u573a\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">129.&nbsp;risk appetite<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/r\u026ask \u02c8\u00e6p\u0259ta\u026at\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u98ce\u9669\u504f\u597d\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u6295\u8d44\u8005\u613f\u610f\u914d\u7f6e\u80a1\u7968\u3001\u5927\u5b97\u5546\u54c1\u7b49\u9ad8\u6ce2\u52a8\u8d44\u4ea7\u7684\u610f\u613f\u5f3a\u5f31<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aStrong risk appetite pushes global funds into equity markets.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u9ad8\u6da8\u7684\u98ce\u9669\u504f\u597d\u63a8\u52a8\u5168\u7403\u8d44\u91d1\u6d8c\u5165\u80a1\u5e02\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">130.&nbsp;deflationary pressure<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/d\u026a\u02c8fle\u026a\u0283\u0259nri \u02c8pre\u0283\u0259\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u901a\u7f29\u538b\u529b\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u5e02\u573a\u9700\u6c42\u4e0d\u8db3\u3001\u7269\u4ef7\u6301\u7eed\u4e0b\u884c\u5e26\u6765\u7684\u7ecf\u6d4e\u4e0b\u884c\u538b\u529b<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aWeak domestic consumption brings continuous deflationary pressure.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u5185\u9700\u75b2\u8f6f\u5e26\u6765\u6301\u7eed\u7684\u901a\u7f29\u538b\u529b\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">131.&nbsp;inflationary pressure<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u026an\u02c8fle\u026a\u0283\u0259nri \u02c8pre\u0283\u0259\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u901a\u80c0\u538b\u529b\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u539f\u6750\u6599\u6da8\u4ef7\u3001\u9700\u6c42\u8fc7\u70ed\u63a8\u9ad8\u5168\u793e\u4f1a\u7269\u4ef7\u7684\u4e0a\u6da8\u538b\u529b<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aGlobal grain shortages create obvious inflationary pressure.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u5168\u7403\u7cae\u98df\u77ed\u7f3a\u5e26\u6765\u660e\u663e\u901a\u80c0\u538b\u529b\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">132.&nbsp;economic stimulus package<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02cci\u02d0k\u0259\u02c8n\u0252m\u026ak \u02c8st\u026amj\u0259l\u0259s \u02c8p\u00e6k\u026ad\u0292\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u4e00\u63fd\u5b50\u7ecf\u6d4e\u523a\u6fc0\u65b9\u6848\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u8d27\u5e01\u3001\u8d22\u653f\u3001\u4ea7\u4e1a\u653f\u7b56\u7ec4\u5408\u51fa\u53f0\u7684\u7efc\u5408\u7a33\u589e\u957f\u4e3e\u63aa<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aThe government rolled out a large economic stimulus package last quarter.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u653f\u5e9c\u4e0a\u5b63\u5ea6\u63a8\u51fa\u5927\u89c4\u6a21\u4e00\u63fd\u5b50\u7ecf\u6d4e\u523a\u6fc0\u65b9\u6848\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">133.&nbsp;industrial upgrading<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u026an\u02c8d\u028cstri\u0259l \u02c8\u028cp\u0261re\u026ad\u026a\u014b\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u4ea7\u4e1a\u5347\u7ea7\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u5236\u9020\u4e1a\u5411\u9ad8\u7aef\u6280\u672f\u3001\u9ad8\u9644\u52a0\u503c\u4ea7\u4e1a\u94fe\u8f6c\u578b\u53d1\u5c55<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aIndustrial upgrading reduces reliance on low-cost labor production.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u4ea7\u4e1a\u5347\u7ea7\u964d\u4f4e\u7ecf\u6d4e\u5bf9\u4f4e\u6210\u672c\u4ee3\u5de5\u751f\u4ea7\u7684\u4f9d\u8d56\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">134.&nbsp;deleveraging<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/di\u02d0\u02c8li\u02d0v\u0259r\u026ad\u0292\u026a\u014b\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u53bb\u6760\u6746\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u4f01\u4e1a\u3001\u5c45\u6c11\u3001\u91d1\u878d\u673a\u6784\u4e3b\u52a8\u7f29\u51cf\u503a\u52a1\u89c4\u6a21\u3001\u964d\u4f4e\u8d1f\u503a\u6bd4\u4f8b<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aThe financial sector started long-term deleveraging to guard against risks.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u91d1\u878d\u4e1a\u5f00\u542f\u957f\u671f\u53bb\u6760\u6746\u4ee5\u9632\u8303\u7cfb\u7edf\u6027\u98ce\u9669\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">135.&nbsp;leveraging<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8li\u02d0v\u0259r\u026ad\u0292\u026a\u014b\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u52a0\u6760\u6746\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u4f9d\u9760\u501f\u8d37\u8d44\u91d1\u6269\u5927\u6295\u8d44\u89c4\u6a21\uff0c\u653e\u5927\u6536\u76ca\u540c\u65f6\u62ac\u5347\u98ce\u9669<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aExcessive leveraging by real estate firms triggered debt risks.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u623f\u4f01\u8fc7\u5ea6\u52a0\u6760\u6746\u5f15\u53d1\u503a\u52a1\u98ce\u9669\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">136.&nbsp;systemic risk<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/s\u026a\u02c8stem\u026ak r\u026ask\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u7cfb\u7edf\u6027\u98ce\u9669\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u5355\u4e00\u884c\u4e1a\u98ce\u9669\u6269\u6563\u81f3\u5168\u91d1\u878d\u5e02\u573a\uff0c\u5f15\u53d1\u5168\u57df\u7ecf\u6d4e\u52a8\u8361<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aRegulators keep monitoring potential systemic risk in the banking sector.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u76d1\u7ba1\u6301\u7eed\u76d1\u63a7\u94f6\u884c\u4e1a\u6f5c\u5728\u7cfb\u7edf\u6027\u98ce\u9669\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">137.&nbsp;idiosyncratic risk<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02cc\u026adi\u0259s\u026a\u014b\u02c8kr\u00e6t\u026ak r\u026ask\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u4e2a\u4f53\u98ce\u9669\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u4ec5\u5355\u4e00\u4f01\u4e1a\u3001\u5355\u4e00\u884c\u4e1a\u5b58\u5728\uff0c\u4e0d\u4f1a\u6269\u6563\u81f3\u5168\u5c40\u7684\u5c40\u90e8\u98ce\u9669<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aA single factory\u2019s shutdown only creates idiosyncratic risk for its industry.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u5355\u5bb6\u5de5\u5382\u505c\u4ea7\u4ec5\u5bf9\u6240\u5c5e\u884c\u4e1a\u9020\u6210\u4e2a\u4f53\u98ce\u9669\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">138.&nbsp;disposable income<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/d\u026a\u02c8sp\u0259\u028az\u0259bl \u02c8\u026ank\u028cm\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u5c45\u6c11\u53ef\u652f\u914d\u6536\u5165\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u5c45\u6c11\u6263\u9664\u7a0e\u6536\u3001\u793e\u4fdd\u540e\u53ef\u81ea\u7531\u6d88\u8d39\u50a8\u84c4\u7684\u6536\u5165\u603b\u989d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aRising disposable income is the core driving force of domestic consumption.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u5c45\u6c11\u53ef\u652f\u914d\u6536\u5165\u589e\u957f\u662f\u5185\u9700\u6838\u5fc3\u9a71\u52a8\u529b\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">139.&nbsp;per capita GDP<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/p\u025c\u02d0 \u02c8k\u00e6p\u026at\u0259 d\u0292i\u02d0 di\u02d0 \u02c8pi\u02d0\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u4eba\u5747\u56fd\u5185\u751f\u4ea7\u603b\u503c\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u5168\u56fdGDP\u603b\u91cf\u9664\u4ee5\u603b\u4eba\u53e3\uff0c\u8861\u91cf\u56fd\u6c11\u5e73\u5747\u7ecf\u6d4e\u53d1\u5c55\u6c34\u5e73<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aSustained growth of per capita GDP improves residents\u2019 living standards.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u4eba\u5747GDP\u6301\u7eed\u589e\u957f\u63d0\u5347\u5c45\u6c11\u751f\u6d3b\u6c34\u5e73\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">140.&nbsp;export volume<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8eksp\u0254\u02d0t \u02c8v\u0252lju\u02d0m\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u51fa\u53e3\u603b\u91cf\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u4e00\u56fd\u5f53\u671f\u5bf9\u5916\u9500\u552e\u5168\u90e8\u5546\u54c1\u3001\u670d\u52a1\u7684\u603b\u4f53\u89c4\u6a21<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aExport volume fell sharply amid weak overseas market demand.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u6d77\u5916\u9700\u6c42\u75b2\u8f6f\u80cc\u666f\u4e0b\u51fa\u53e3\u603b\u91cf\u5927\u5e45\u4e0b\u6ed1\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">141.&nbsp;import volume<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8\u026amp\u0254\u02d0t \u02c8v\u0252lju\u02d0m\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u8fdb\u53e3\u603b\u91cf\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u672c\u56fd\u4ece\u6d77\u5916\u91c7\u8d2d\u5546\u54c1\u3001\u670d\u52a1\u7684\u603b\u4f53\u89c4\u6a21\uff0c\u53cd\u6620\u5185\u9700\u5f3a\u5f31<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aRebounding import volume signals a recovery in domestic market demand.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u8fdb\u53e3\u603b\u91cf\u56de\u5347\u4ee3\u8868\u56fd\u5185\u5e02\u573a\u9700\u6c42\u56de\u6696\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">142.&nbsp;cross-border settlement<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/kr\u0252s \u02c8b\u0254\u02d0d\u0259 \u02c8setlm\u0259nt\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u8de8\u5883\u7ed3\u7b97\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u4e0d\u540c\u56fd\u5bb6\u4f01\u4e1a\u95f4\u8fdb\u51fa\u53e3\u8d38\u6613\u3001\u6295\u878d\u8d44\u7684\u8d27\u5e01\u6e05\u7b97\u4e1a\u52a1<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aMore enterprises choose local currency cross-border settlement now.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u5982\u4eca\u66f4\u591a\u4f01\u4e1a\u9009\u7528\u672c\u5e01\u5f00\u5c55\u8de8\u5883\u7ed3\u7b97\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">143.&nbsp;risk buffer<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/r\u026ask \u02c8b\u028cf\u0259\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u98ce\u9669\u7f13\u51b2\u57ab\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u5916\u6c47\u50a8\u5907\u3001\u94f6\u884c\u8d44\u672c\u91d1\u7b49\u7528\u4e8e\u62b5\u5fa1\u5916\u90e8\u5371\u673a\u7684\u5b89\u5168\u50a8\u5907<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aSufficient foreign exchange reserves act as a solid risk buffer.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u5145\u8db3\u5916\u6c47\u50a8\u5907\u6784\u6210\u575a\u5b9e\u7684\u98ce\u9669\u7f13\u51b2\u57ab\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">144.&nbsp;growth momentum<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u0261r\u0259\u028a\u03b8 m\u0259\u02c8ment\u0259m\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u589e\u957f\u52a8\u80fd\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u62c9\u52a8\u7ecf\u6d4e\u6301\u7eed\u6269\u5f20\u7684\u52a8\u529b\u6765\u6e90\uff0c\u5982\u6d88\u8d39\u3001\u79d1\u6280\u3001\u51fa\u53e3<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aNew energy industry has become a major growth momentum nationwide.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u65b0\u80fd\u6e90\u4ea7\u4e1a\u6210\u4e3a\u5168\u56fd\u4e3b\u8981\u7ecf\u6d4e\u589e\u957f\u52a8\u80fd\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">145.&nbsp;demographic dividend<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02ccdem\u0259\u02c8\u0261r\u00e6f\u026ak \u02c8d\u026av\u026adend\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u4eba\u53e3\u7ea2\u5229\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u52b3\u52a8\u4eba\u53e3\u5360\u6bd4\u9ad8\u3001\u52b3\u52a8\u529b\u6210\u672c\u504f\u4f4e\u5e26\u6765\u7684\u7ecf\u6d4e\u53d1\u5c55\u4f18\u52bf<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aThe demographic dividend once supported decades of rapid economic growth.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u4eba\u53e3\u7ea2\u5229\u66fe\u652f\u6491\u6570\u5341\u5e74\u7ecf\u6d4e\u9ad8\u901f\u589e\u957f\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">146.&nbsp;demographic aging<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02ccdem\u0259\u02c8\u0261r\u00e6f\u026ak \u02c8e\u026ad\u0292\u026a\u014b\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u4eba\u53e3\u8001\u9f84\u5316\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u8001\u9f84\u4eba\u53e3\u5360\u603b\u4eba\u53e3\u6bd4\u91cd\u6301\u7eed\u4e0a\u5347\uff0c\u538b\u5236\u957f\u671f\u589e\u957f\u6f5c\u529b<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aDemographic aging pushes up social security fiscal expenditure.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u4eba\u53e3\u8001\u9f84\u5316\u62ac\u9ad8\u793e\u4fdd\u8d22\u653f\u652f\u51fa\u538b\u529b\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">147.&nbsp;monetary transmission channel<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8m\u028cn\u026atri tr\u00e6ns\u02c8m\u026a\u0283n \u02c8t\u0283\u00e6nl\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u8d27\u5e01\u653f\u7b56\u4f20\u5bfc\u6e20\u9053\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u5229\u7387\u3001\u4fe1\u8d37\u3001\u8d44\u4ea7\u4ef7\u683c\u4e09\u7c7b\u4f20\u5bfc\u8def\u5f84\uff0c\u4f20\u5bfc\u653f\u7b56\u6548\u679c\u81f3\u5b9e\u4f53<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aThe monetary transmission channel becomes smoother after financial reform.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u91d1\u878d\u6539\u9769\u540e\u8d27\u5e01\u653f\u7b56\u4f20\u5bfc\u6e20\u9053\u66f4\u52a0\u901a\u7545\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">148.&nbsp;speculative capital<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8spekj\u0259l\u0259t\u026av \u02c8k\u00e6p\u026atl\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u6295\u673a\u8d44\u672c\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u77ed\u671f\u8ffd\u9010\u4ef7\u5dee\u3001\u5feb\u8fdb\u5feb\u51fa\u535a\u53d6\u6536\u76ca\u7684\u8de8\u5883\u6d41\u52a8\u8d44\u91d1<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aRegulators restrict large-scale inflows of short-term speculative capital.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u76d1\u7ba1\u673a\u6784\u9650\u5236\u77ed\u671f\u6295\u673a\u8d44\u672c\u5927\u89c4\u6a21\u6d41\u5165\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">149.&nbsp;fiscal multiplier<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8f\u026askl \u02c8m\u028clt\u026apla\u026a\u0259\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u8d22\u653f\u4e58\u6570\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u6bcf1\u5355\u4f4d\u653f\u5e9c\u8d22\u653f\u6295\u5165\u80fd\u591f\u5e26\u52a8\u5168\u793e\u4f1a\u65b0\u589e\u7ecf\u6d4e\u4ea7\u51fa\u500d\u6570<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aInfrastructure investment boasts a relatively high fiscal multiplier effect.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u57fa\u5efa\u6295\u8d44\u5177\u5907\u8f83\u9ad8\u7684\u8d22\u653f\u4e58\u6570\u6548\u5e94\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">150.&nbsp;yield inversion<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/ji\u02d0ld \u026an\u02c8v\u025c\u02d0\u0283n\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u6536\u76ca\u7387\u5012\u6302\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.phr.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u77ed\u671f\u56fd\u503a\u6536\u76ca\u7387\u9ad8\u4e8e\u957f\u671f\u56fd\u503a\u6536\u76ca\u7387\uff0c\u7ecf\u5178\u8870\u9000\u9884\u8b66\u4fe1\u53f7<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aGlobal markets panicked after the U.S. treasury yield inversion appeared.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u7f8e\u503a\u6536\u76ca\u7387\u51fa\u73b0\u5012\u6302\u540e\u5168\u7403\u5e02\u573a\u9677\u5165\u6050\u614c\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bf7\u70b9\u51fb\u8fd4\u56de\u9996\u9875<a href=\"https:\/\/openhub365.cn\/index.php\/2026\/07\/07\/%e5%95%86%e5%8a%a1%e8%8b%b1%e8%af%ad%e8%af%8d%e6%b1%87%e7%9b%ae%e5%bd%95\/\" data-type=\"post\" data-id=\"25150\">\u5546\u52a1\u82f1\u8bed\u8bcd\u6c47\u76ee\u5f55<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u4e86\u89e3\u66f4\u591a\u516b\u5927\u65f6\u6001\u89e3\u6790\u76ee\u5f55 10&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[510],"tags":[],"class_list":["post-24977","post","type-post","status-publish","format-standard","hentry","category-510"],"_links":{"self":[{"href":"https:\/\/openhub365.cn\/index.php\/wp-json\/wp\/v2\/posts\/24977","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/openhub365.cn\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/openhub365.cn\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/openhub365.cn\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/openhub365.cn\/index.php\/wp-json\/wp\/v2\/comments?post=24977"}],"version-history":[{"count":0,"href":"https:\/\/openhub365.cn\/index.php\/wp-json\/wp\/v2\/posts\/24977\/revisions"}],"wp:attachment":[{"href":"https:\/\/openhub365.cn\/index.php\/wp-json\/wp\/v2\/media?parent=24977"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/openhub365.cn\/index.php\/wp-json\/wp\/v2\/categories?post=24977"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/openhub365.cn\/index.php\/wp-json\/wp\/v2\/tags?post=24977"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}