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新增的21.36万亿,去哪了?

发布于 2020-08-26

<p style="margin-left: 8px;margin-right: 8px;"><span style="font-size: 15px;font-family: 微软雅黑;"><span style="font-family: 微软雅黑;">我们都说,央行天天在放水,</span>&nbsp;<span style="font-family: 微软雅黑;">那到底放了多少?去哪了呢?<br /></span></span></p><p style="margin-left: 8px;margin-right: 8px;"><br /></p><p style="text-indent: 0px;margin-left: 8px;margin-right: 8px;"><span style="font-size: 15px;"><span style="font-family: 微软雅黑;">本文</span><span style="font-family: 微软雅黑;color: rgb(51, 51, 51);letter-spacing: 1px;">从央行基础货币增发的角度出发,聚焦增量(即新增的钱),看谁拿到了最新的人民币,哪些城市从中受益最大。<br /></span></span></p><p style="text-indent: 0px;margin-left: 8px;margin-right: 8px;"><br /></p><p style="text-indent: 0px;margin-left: 8px;margin-right: 8px;"><span style="font-size: 15px;"><span style="font-family: 微软雅黑;color: rgb(0, 0, 0);"><span style="font-family: 微软雅黑;">首先,我们来看看,近一年(特别是</span>1月份,疫情以来),</span><strong><span style="font-family: 微软雅黑;color: rgb(68, 114, 196);font-weight: bold;">货币释放量有多大?</span></strong><span style="font-family: 微软雅黑;color: rgb(51, 51, 51);letter-spacing: 1px;"><span style="font-family: 微软雅黑;"><br /><br />从人民银行每月公布的货币总量,挑选广义货币</span>M2,可以轻松制作下图:</span></span></p><p style="text-indent: 0px;margin-left: 8px;margin-right: 8px;"><span style="font-size: 15px;"><strong><span style="font-family: 微软雅黑;color: rgb(68, 114, 196);font-weight: bold;"><br /></span></strong></span></p><section style="text-align: center;margin-left: 8px;margin-right: 8px;"><img class="rich_pages" data-ratio="0.5385735080058224" data-s="300,640" data-src="https://mmbiz.qpic.cn/mmbiz_png/AJkYaTAujIzbwI7GicN4S7uUcTWibn1Um75fflqDodeD9iahHQO1VFnia1wRiaicwymYXAKXLEd8b8iaErRvN9eIPBdUg/640?wx_fmt=png" data-type="png" data-w="1374" style="" /></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;"><br /></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;"><span style="font-size: 15px;"><span style="font-family: 微软雅黑;color: rgb(0, 0, 0);"><span style="font-family: 微软雅黑;"><br />可以看出,近一年(</span>2019年6月-2020年6月)M2新增</span><strong><span style="font-family: 微软雅黑;color: rgb(68, 114, 196);font-weight: bold;">21.36万亿</span></strong><span style="font-family: 微软雅黑;color: rgb(0, 0, 0);"><span style="font-family: 微软雅黑;">,比</span>2018-2019年度增加6.24万亿,其中今年1-6月增加14.85万亿,占比高达</span><strong><span style="font-family: 微软雅黑;color: rgb(68, 114, 196);font-weight: bold;">69.51%,</span></strong><span style="font-family: 微软雅黑;color: rgb(0, 0, 0);"><span style="font-family: 微软雅黑;">已超过</span>2018-2019年度13.07万亿的全年总额。<br /></span></span></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;"><br /></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;"><span style="font-size: 15px;"><span style="font-family: 微软雅黑;color: rgb(0, 0, 0);"><span style="font-family: 微软雅黑;">接下来,我们</span>5个资金主体钱包看,这些新增的钱,</span><strong><span style="font-family: 微软雅黑;color: rgb(68, 114, 196);font-weight: bold;">谁的口袋的钱变多了?</span></strong><span style="font-family: 微软雅黑;color: rgb(0, 0, 0);"><br /><br />所谓的五个主体,分别是居民、企业、机关单位、政府财政、保险证券信托等</span></span></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;"><span style="font-size: 15px;"><strong><span style="font-family: 微软雅黑;color: rgb(68, 114, 196);font-weight: bold;"><br /></span></strong></span></section><section style="text-align: center;margin-left: 8px;margin-right: 8px;"><img class="rich_pages" data-ratio="0.3089187842551071" data-s="300,640" data-src="https://mmbiz.qpic.cn/mmbiz_png/AJkYaTAujIzbwI7GicN4S7uUcTWibn1Um7WR7VicpjPtWyDyOgqxPvmWo1uruylAB7Ie6zG6hEQaD3icNLkAC0c7DQ/640?wx_fmt=png" data-type="png" data-w="2007" style="" /></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;text-align: center;"><span style="font-family: 微软雅黑;color: rgb(178, 178, 178);font-size: 13px;">备注:增量占比=2019-2020年各存款主体增量/各项存款增量总额</span></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;"><br /></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;"><span style="font-size: 15px;"><span style="font-family: 微软雅黑;color: rgb(0, 0, 0);"><span style="font-family: 微软雅黑;">从表中,可以看出,老百姓的存款增加了</span>11.24万亿,占到了增量的55.7%,超过了一半的水平,感觉好像不符合常识,企业存款增量占比也达到33.3%,有意思的是两者都是</span><strong><span style="font-family: 微软雅黑;color: rgb(68, 114, 196);font-weight: bold;">定期存款成为居民和企业</span></strong></span><span style="font-size: 15px;"><strong><span style="font-family: 微软雅黑;color: rgb(68, 114, 196);font-weight: bold;">主要的增量</span></strong><span style="font-family: 微软雅黑;color: rgb(0, 0, 0);">,可能是居民和企业的风险意识在加强。<br /></span></span></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;"><br /></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;"><span style="font-size: 15px;"><span style="font-family: 微软雅黑;color: rgb(0, 0, 0);">反过来看,贷款方面,</span><strong><span style="font-family: 微软雅黑;color: rgb(68, 114, 196);font-weight: bold;">谁花钱更积极呢?</span></strong><span style="font-family: 微软雅黑;color: rgb(0, 0, 0);">当然也有部分可能是增加风险储备、或者低息贷款套利。</span></span></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;"><span style="font-family: 微软雅黑;color: rgb(0, 0, 0);font-size: 15px;"><br /></span></section><section style="text-align: center;margin-left: 8px;margin-right: 8px;"><img class="rich_pages" data-ratio="0.4487079091620987" data-s="300,640" data-src="https://mmbiz.qpic.cn/mmbiz_png/AJkYaTAujIzbwI7GicN4S7uUcTWibn1Um77o78oFOokuML4RpnpQGOZ1HLRmwqEtMr1qQiao2Dd0dqGYqRXhIr6Og/640?wx_fmt=png" data-type="png" data-w="1277" style="" /></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;text-align: center;"><span style="font-family: 微软雅黑;color: rgb(178, 178, 178);font-size: 13px;">备注:增量占比=2019-2020年各贷款主体增量/各项贷款增量总额</span></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;"><br /></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;"><span style="font-size: 15px;"><span style="font-family: 微软雅黑;color: rgb(0, 0, 0);">从表中可以看到,</span><strong><span style="font-family: 微软雅黑;color: rgb(68, 114, 196);font-weight: bold;">花钱变化最多的企业和政府端口</span></strong><span style="font-family: 微软雅黑;color: rgb(0, 0, 0);"><span style="font-family: 微软雅黑;">,占比达到</span>62.90%,其中主要是企业中长期贷款占比37.71%,其次是居民的中长期贷款(主要是住房消费),占比达到33.75%,同时可以看到居民短期贷款下降了-0.7%,于此可以知道为何政府要大搞地摊经济了。</span></span></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;"><span style="font-family: 微软雅黑;color: rgb(0, 0, 0);font-size: 15px;"><br /></span></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;"><span style="font-family: 微软雅黑;color: rgb(0, 0, 0);font-size: 15px;">对比两张表格,可以发现:</span></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;"><span style="font-size: 15px;"><span style="font-family: 微软雅黑;color: rgb(68, 114, 196);font-weight: bold;">1.&nbsp;</span><strong><span style="font-family: 微软雅黑;color: rgb(68, 114, 196);font-weight: bold;">居民存款变多了,但消费更谨慎,房产依旧是主要配置,居民杠杆整体在下降;</span></strong></span></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;"><span style="font-size: 15px;"><span style="font-family: 微软雅黑;color: rgb(68, 114, 196);font-weight: bold;">2.&nbsp;</span><strong><span style="font-family: 微软雅黑;color: rgb(68, 114, 196);font-weight: bold;"><span style="font-family: 微软雅黑;">企业存贷款均增多了,杠杆率小幅提升,</span>17年金融去杠杆后,龙头企业持续受益;</span></strong></span></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;"><span style="font-size: 15px;"><span style="font-family: 微软雅黑;color: rgb(68, 114, 196);font-weight: bold;">3.&nbsp;</span><strong><span style="font-family: 微软雅黑;color: rgb(68, 114, 196);font-weight: bold;">受减税降费等政策的影响,政府为本次疫情后主要的利益收缩点。</span></strong></span></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;"><span style="font-size: 15px;"><strong><span style="font-family: 微软雅黑;color: rgb(68, 114, 196);font-weight: bold;">&nbsp;</span></strong></span></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;"><span style="font-size: 15px;"><span style="font-family: 微软雅黑;color: rgb(0, 0, 0);">以上主要是从资金主体的角度进行了比对,接下来我们从城市视角看,过去一年,</span><strong><span style="font-family: 微软雅黑;color: rgb(68, 114, 196);font-weight: bold;">哪些城市吸金能力最强呢?<br /></span></strong></span></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;"><br /></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;"><span style="font-family: 微软雅黑;color: rgb(0, 0, 0);font-size: 15px;">我们搜集了全国主要60城,整体上看,过去一年本外币存款增量资金达到14.05万亿,占全国21.36万亿的65.79%,其他近250个城市吸金34.21%,资金的聚焦效应不言而喻。<br /></span></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;"><br /></section><section style="text-indent: 0px;text-align: left;margin-left: 8px;margin-right: 8px;"><span style="font-size: 15px;"><span style="font-family: 微软雅黑;">具体来看,第一梯队</span><strong><span style="font-family: 微软雅黑;color: rgb(68, 114, 196);font-weight: bold;">“富贵三霸”北京、上海、深圳</span></strong><span style="font-family: 微软雅黑;"><span style="font-family: 微软雅黑;">增加</span>4.43万亿,占全国比例高达20.78%,也就是说</span><strong><span style="font-family: 微软雅黑;color: rgb(68, 114, 196);font-weight: bold;"><span style="font-family: 微软雅黑;">全国</span>5分之1的钱流到这3个城市</span></strong><span style="font-family: 微软雅黑;"><span style="font-family: 微软雅黑;">。<br /><br />细分来看,北京是全国财富聚集总量第一城,北京是遥遥领先的最大资金中心,汇聚了</span>18.33万亿人民币的资金,超过上海接近4万亿元<span style="font-family: 微软雅黑;">,达到深圳的</span>2倍水平,但深圳的增量基本已经接近北京、上海,这速度也是惊人,难怪年后房价蹭蹭往上涨。<br /></span></span></section><section style="text-indent: 0px;text-align: left;margin-left: 8px;margin-right: 8px;"><br /></section><section style="text-indent: 0px;text-align: left;margin-left: 8px;margin-right: 8px;"><span style="font-size: 15px;"><strong><span style="font-family: 微软雅黑;color: rgb(68, 114, 196);font-weight: bold;">深圳汇聚资金能力强的有</span></strong><strong><span style="font-family: 微软雅黑;color: rgb(68, 114, 196);font-weight: bold;">3个重要原因</span></strong><span style="font-family: 微软雅黑;">:<br />第一,有深交所,深交所目前是港沪深三个交易所里市场层次最丰富的的,也是高新技术企业市值占比最多的;<br />第二,深圳本地经济发达,高新技术企业众多,吸金能力自然比较强;<br />第三,深圳靠近香港,是资金跨境流动的重要通道。</span></span></section><section style="text-indent: 0px;text-align: left;margin-left: 8px;margin-right: 8px;"><span style="font-size: 15px;"><strong><span style="font-family: 微软雅黑;color: rgb(68, 114, 196);font-weight: bold;"><br /></span></strong></span></section><section style="text-align: center;margin-left: 8px;margin-right: 8px;"><img class="rich_pages" data-ratio="0.12428198433420365" data-s="300,640" data-src="https://mmbiz.qpic.cn/mmbiz_png/AJkYaTAujIzbwI7GicN4S7uUcTWibn1Um7lWyOT86ciclj3t9xfq8MKKXniaia4w5hdF0c5Hk8JuaAUuBG1XB3SEaLg/640?wx_fmt=png" data-type="png" data-w="1915" style="" /></section><section style="text-indent: 0px;text-align: left;margin-left: 8px;margin-right: 8px;"><span style="font-size: 15px;"><br /></span></section><section style="text-indent: 0px;text-align: left;margin-left: 8px;margin-right: 8px;"><span style="font-size: 15px;"><span style="font-family: 微软雅黑;">再看,第二梯队</span><strong><span style="font-family: 微软雅黑;color: rgb(68, 114, 196);font-weight: bold;">杭州成为中国第四城</span></strong><span style="font-family: 微软雅黑;">,增量已经超越广州,最近几年市场表现的一冷一热即可知,杭州后劲十足,几年前的京杭、苏杭之争基本落下帷幕,杭州成为最后赢家;<br /></span></span></section><section style="text-indent: 0px;text-align: left;margin-left: 8px;margin-right: 8px;"><br /></section><section style="text-indent: 0px;text-align: left;margin-left: 8px;margin-right: 8px;"><span style="font-size: 15px;"><span style="font-family: 微软雅黑;">南京资金增长突然失速,让苏州反超南京有了机会。几年之前,苏州本来是超过南京的,但后来南京靠着省会的优势实现了反超。最近两年,</span><strong><span style="font-family: 微软雅黑;color: rgb(68, 114, 196);font-weight: bold;">苏州经济明显有完成转型升级的态势</span></strong><span style="font-family: 微软雅黑;">,再次赶上来了,同时西部的</span><strong><span style="font-family: 微软雅黑;color: rgb(68, 114, 196);font-weight: bold;">成都</span></strong><span style="font-family: 微软雅黑;">奋起直追,毫无悬念的成为</span><strong><span style="font-family: 微软雅黑;color: rgb(68, 114, 196);font-weight: bold;">西部第一城</span></strong><span style="font-family: 微软雅黑;">。</span></span></section><section style="text-indent: 0px;text-align: left;margin-left: 8px;margin-right: 8px;"><span style="font-size: 15px;"><strong><span style="font-family: 微软雅黑;color: rgb(68, 114, 196);font-weight: bold;"><br /></span></strong></span></section><section style="text-align: center;margin-left: 8px;margin-right: 8px;"><img class="rich_pages" data-ratio="0.15119549929676512" data-s="300,640" data-src="https://mmbiz.qpic.cn/mmbiz_png/AJkYaTAujIzbwI7GicN4S7uUcTWibn1Um7bEAMA7CmnRFOocvnDNKicgz5su7uMW0sRzOKn4T5aln4VeMwNzQTibYw/640?wx_fmt=png" data-type="png" data-w="1422" style="" /></section><section style="text-indent: 0px;text-align: left;margin-left: 8px;margin-right: 8px;"><span style="font-size: 15px;"><br /></span></section><section style="text-indent: 0px;text-align: left;margin-left: 8px;margin-right: 8px;"><span style="font-size: 15px;"><span style="font-family: 微软雅黑;">在第三梯队中,可以发现一些有意思的城市,一是以</span><strong><span style="font-family: 微软雅黑;color: rgb(68, 114, 196);font-weight: bold;">大上海为中心的周边城市资金流入明显</span></strong><span style="font-family: 微软雅黑;">,北边的南通、西南向的嘉兴,而长三角第二梯队城市南京、合肥即表现的相对弱,吸金能力并没有想象中那么强劲。</span></span></section><section style="text-indent: 0px;text-align: left;margin-left: 8px;margin-right: 8px;"><span style="font-size: 15px;"><strong><span style="font-family: 微软雅黑;color: rgb(68, 114, 196);font-weight: bold;"><br /></span></strong></span></section><section style="text-align: center;margin-left: 8px;margin-right: 8px;"><img class="rich_pages" data-ratio="0.5805152979066023" data-s="300,640" data-src="https://mmbiz.qpic.cn/mmbiz_png/AJkYaTAujIzbwI7GicN4S7uUcTWibn1Um72yCXXOicQ2DRbm926o4enUsjo8ZlvYtWEicfScRz1635soOfnSgIfbGA/640?wx_fmt=png" data-type="png" data-w="1242" style="" /></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;text-align: center;"><span style="font-family: 微软雅黑;color: rgb(178, 178, 178);font-size: 13px;">&nbsp;备注:<span style="color: rgb(51, 51, 51);font-family: arial, sans-serif;font-style: normal;font-variant-ligatures: normal;font-variant-caps: normal;font-weight: 400;letter-spacing: normal;text-align: start;text-indent: 0px;text-transform: none;white-space: normal;word-spacing: 0px;-webkit-text-stroke-width: 0px;background-color: rgb(255, 255, 255);text-decoration-style: initial;text-decoration-color: initial;display: inline !important;float: none;">★</span>为人民币存款数据,乌鲁木齐、保定数据截止3月份</span></section><section style="text-indent: 0px;text-align: left;margin-left: 8px;margin-right: 8px;"><br /></section><section style="text-indent: 0px;text-align: left;margin-left: 8px;margin-right: 8px;"><span style="font-size: 15px;"><span style="font-family: 微软雅黑;color: rgb(0, 0, 0);">再看最后两个梯队,很多印象不错的城市,表现不佳。武汉可能受疫情影响,增量资金并不多;</span><strong><span style="font-family: 微软雅黑;color: rgb(68, 114, 196);font-weight: bold;">厦门、大连两大沿海非行政中心城市,吸金能力呈现出明显弱于省会城市福州、沈阳</span></strong><span style="font-family: 微软雅黑;color: rgb(0, 0, 0);">;<br /><br /></span></span></section><section style="text-indent: 0px;text-align: left;margin-left: 8px;margin-right: 8px;"><span style="font-size: 15px;font-family: 微软雅黑;color: rgb(0, 0, 0);"><span style="font-family: 微软雅黑;">展望未来,以辽宁的经济体量,已经无力支撑</span>2个中心城市,大连只能走小而美的路子了。其实小而美也是很好的选择,大连的魅力不会因为体量小而减少。<span style="font-family: 微软雅黑;">如果东北只给一个国家中心城市的头衔,显然应该给沈阳。<br /></span></span></section><section style="text-indent: 0px;text-align: left;margin-left: 8px;margin-right: 8px;"><br /></section><section style="text-indent: 0px;text-align: left;margin-left: 8px;margin-right: 8px;"><span style="font-family: 微软雅黑;color: rgb(0, 0, 0);font-size: 15px;">大湾区的惠州、中山吸金能力也一般般,这就解释了为何两地楼市还是主要看深圳客的脸色;<br />新兴城市贵阳,不知为何表现如此不佳,大数据基础建设减速?</span></section><section style="text-indent: 0px;text-align: left;margin-left: 8px;margin-right: 8px;"><span style="font-size: 15px;"><strong><span style="font-family: 微软雅黑;color: rgb(68, 114, 196);font-weight: bold;"><br /></span></strong></span></section><section style="text-align: center;margin-left: 8px;margin-right: 8px;"><img class="rich_pages" data-ratio="0.7717303005686433" data-s="300,640" data-src="https://mmbiz.qpic.cn/mmbiz_png/AJkYaTAujIzbwI7GicN4S7uUcTWibn1Um7RsJaqHFP6YJdlYVia9j93QKiaLI5u9E2GjhIeH9icVG4ErtlF0dkDLhKQ/640?wx_fmt=png" data-type="png" data-w="1231" style="" /></section><section style="text-indent: 0px;text-align: left;margin-left: 8px;margin-right: 8px;"><span style="font-size: 15px;"><br /></span></section><section style="text-indent: 0px;text-align: left;margin-left: 8px;margin-right: 8px;"><span style="font-size: 15px;"><span style="font-family: 微软雅黑;color: rgb(0, 0, 0);">我们综合存量、增量全国来看,</span><strong><span style="font-family: 微软雅黑;color: rgb(68, 114, 196);font-weight: bold;">哪些城市最牛逼呢?</span></strong></span></section><section style="text-indent: 0px;text-align: left;margin-left: 8px;margin-right: 8px;"><span style="font-size: 15px;"><strong><span style="font-family: 微软雅黑;color: rgb(68, 114, 196);font-weight: bold;"><br /></span></strong></span></section><section style="text-align: center;margin-left: 8px;margin-right: 8px;"><img class="rich_pages" data-ratio="0.6008771929824561" data-s="300,640" data-src="https://mmbiz.qpic.cn/mmbiz_png/AJkYaTAujIzbwI7GicN4S7uUcTWibn1Um7gZzRRS7MPpNswBickcYdFnODUpNlZYVWKb2qjfV1pTQRgFb5uay0yag/640?wx_fmt=png" data-type="png" data-w="1140" style="" /></section><section style="text-indent: 0px;text-align: left;margin-left: 8px;margin-right: 8px;"><span style="font-size: 15px;"><br /></span></section><section style="text-indent: 0px;text-align: left;margin-left: 8px;margin-right: 8px;"><span style="font-size: 15px;"><span style="font-family: 微软雅黑;color: rgb(0, 0, 0);"><span style="font-family: 微软雅黑;">当然,能杀入前</span>60名的城市,<span style="font-family: 微软雅黑;">在全国角度来看都是不错的城市,从资金总量角度看</span></span><strong><span style="font-family: 微软雅黑;color: rgb(68, 114, 196);font-weight: bold;"><span style="font-family: 微软雅黑;">中国财富</span>10城</span></strong><span style="font-family: 微软雅黑;color: rgb(0, 0, 0);">是:</span><strong><span style="font-family: 微软雅黑;color: rgb(68, 114, 196);font-weight: bold;">1北京、2上海、3深圳、4杭州、5广州、6苏州、7成都、8重庆、9宁波、10南京。</span></strong><span style="font-family: 微软雅黑;color: rgb(0, 0, 0);"><br /><br />长三角都市圈三颗新星:杭州、苏州、宁波崭露头角;西部第一城成都值得关注;除此之外,嘉兴、南通正积极融入大上海,发挥城市协同效应,而大深圳仍处于自身吸金主导阶段,未能辐射带动周边城市。<br /></span></span></section><section style="text-indent: 0px;text-align: left;margin-left: 8px;margin-right: 8px;"><br /></section><section style="text-indent: 0px;text-align: left;margin-left: 8px;margin-right: 8px;"><span style="font-size: 15px;"><span style="font-family: 微软雅黑;color: rgb(0, 0, 0);">如果要去嘉兴,拥抱大上海,</span><strong><span style="font-family: 微软雅黑;color: rgb(68, 114, 196);font-weight: bold;">应该去哪里呢?<br /></span></strong></span></section><section style="text-indent: 0px;text-align: left;margin-left: 8px;margin-right: 8px;"><br /></section><section style="text-indent: 0px;text-align: left;margin-left: 8px;margin-right: 8px;"><span style="font-family: 微软雅黑;color: rgb(0, 0, 0);font-size: 15px;">如果你是小土豪,当然最好是去现在还不错,未来还更好的地方,我们定义为赢率高、回报率高,红色的地方,越红越棒,能找到房价不高很红的地方最佳;<br /></span></section><section style="text-indent: 0px;text-align: left;margin-left: 8px;margin-right: 8px;"><br /></section><section style="text-indent: 0px;text-align: left;margin-left: 8px;margin-right: 8px;"><span style="font-family: 微软雅黑;color: rgb(0, 0, 0);font-size: 15px;">如果你是小白领,当然最好是去现在不咋地,未来会发展的地方,我们定义为赢率低、回报率高,只要熬一熬,时间就是把利器,看蓝色的区域。</span></section><section style="text-indent: 0px;text-align: left;margin-left: 8px;margin-right: 8px;"><span style="font-family: 微软雅黑;color: rgb(0, 0, 0);font-size: 15px;"> <br /></span></section><section style="text-align: center;margin-left: 8px;margin-right: 8px;"><img class="rich_pages" data-ratio="0.44492574257425743" data-s="300,640" data-src="https://mmbiz.qpic.cn/mmbiz_png/AJkYaTAujIzbwI7GicN4S7uUcTWibn1Um7YjcgZ6Kib4icQuGWJvNdc6rwzEZvfQiaF2uZEys3A7iauOZ6akPFwhOCVA/640?wx_fmt=png" data-type="png" data-w="1616" style="" /></section><section style="margin-left: 8px;margin-right: 8px;"><br /></section><hr style="border-style: solid;border-width: 1px 0px 0px;border-color: rgba(0, 0, 0, 0.1);transform-origin: 0px 0px 0px;transform: scale(1, 0.5);" /><section style="margin-left: 8px;margin-right: 8px;line-height: 1.75em;text-align: center;"><span style="color: rgb(0, 0, 0);font-size: 15px;"><strong><br /></strong></span></section><section style="margin-left: 8px;margin-right: 8px;line-height: 1.75em;text-align: center;"><span style="font-size: 15px;color: rgb(0, 0, 0);"><strong><span style="color: rgb(0, 0, 0);">#2020,别把生命浪费在PPT上,去创造价值#</span></strong><br /></span></section><section style="margin-right: 8px;margin-left: 8px;text-align: center;line-height: 1.5em;letter-spacing: 0.54px;white-space: normal;min-height: 1em;max-width: 100%;box-sizing: border-box;overflow-wrap: break-word;"><br /></section><section style="text-align: center;margin-left: 8px;margin-right: 8px;"><img class="rich_pages js_insertlocalimg" data-ratio="1.49140625" data-s="300,640" data-src="https://mmbiz.qpic.cn/mmbiz_png/AJkYaTAujIx4ElfytiaoGBKLyptvqklwdgJkaI2n0WsBFiaRYwfs1HZ7SAORAKgoNYn4wo5CcusJXAD7XcwZq5Xw/640?wx_fmt=png" data-type="png" data-w="1280" style="width: 250px;height: auto !important;" /></section><section style="margin-right: 8px;margin-left: 8px;text-align: center;line-height: 1.5em;letter-spacing: 0.54px;white-space: normal;min-height: 1em;max-width: 100%;box-sizing: border-box;overflow-wrap: break-word;"><span style="box-sizing: border-box;color: rgb(178, 178, 178);max-width: 100%;overflow-wrap: break-word;font-size: 12px;"><br />——&nbsp; END&nbsp; ——<br style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;" /><br /></span></section><section style="margin-right: 8px;margin-left: 8px;text-align: center;line-height: 1.5em;letter-spacing: 0.54px;white-space: normal;min-height: 1em;max-width: 100%;box-sizing: border-box;overflow-wrap: break-word;"><span style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;font-size: 12px;">猜你想再看<br style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;" /></span></section><section style="margin-right: 8px;margin-left: 8px;text-align: center;line-height: 1.5em;text-indent: 0em;letter-spacing: 0.54px;white-space: normal;max-width: 100%;box-sizing: border-box;overflow-wrap: break-word;background-color: rgb(255, 255, 255);"><br /></section><section style="margin-right: 8px;margin-left: 8px;text-align: left;line-height: 1.5em;text-indent: 0em;letter-spacing: 0.54px;white-space: normal;max-width: 100%;box-sizing: border-box;overflow-wrap: break-word;background-color: rgb(255, 255, 255);"><span style="font-size: 12px;"><strong style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;"><span style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;">城市:</span></strong><strong style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;"></strong><strong style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;"></strong><strong style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;"></strong><strong style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;"></strong><strong style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;"></strong><strong style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;"></strong><span style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;">|&nbsp;<a 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href="http://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649831065&amp;idx=1&amp;sn=2ffb60d98d02ebcab655c55d34d0acbf&amp;chksm=83517746b426fe509cc721e0e3acf05fd1f60b8695dc3b66c08c0a7aa917e7471b013b02c2c2&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;overflow-wrap: break-word;">太原</a>&nbsp;|&nbsp;<a href="http://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649830804&amp;idx=1&amp;sn=f571d8218b897b21571a6b2f497d3a1b&amp;chksm=8351744bb426fd5d509591673f4082563a02342283f53dfda255ad33304e6746d6448051b9ea&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;outline: 0px none currentcolor;overflow-wrap: break-word;">温州</a>&nbsp;|&nbsp;<a href="http://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649830454&amp;idx=1&amp;sn=4e7c3289190e2a69c5fb20f2ae8a6d94&amp;chksm=835175e9b426fcffa5f65cafe5274b1c296caf1a51e13ef4c7920c5a18847bef3c7b13c2bfd0&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;outline: 0px none currentcolor;overflow-wrap: break-word;">昆明</a>&nbsp;|&nbsp;<a href="https://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649830295&amp;idx=1&amp;sn=f680ffa2ddf52783e9a7730971520d48&amp;chksm=83517248b426fb5e0efc1e5c62d15b173e4d23ab7aafaab82c6ce861e98d96271fe5dc7db798&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;outline: 0px none currentcolor;overflow-wrap: break-word;">嘉兴</a>&nbsp;|&nbsp;<a href="https://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649830278&amp;idx=1&amp;sn=8441ac780477cd9def8d4e9d7866f143&amp;chksm=83517259b426fb4f93ff50f1c07d7b830f16ec4d1e0c23f64ef15a78a056ae301274ffbb8ec3&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;outline: 0px none currentcolor;overflow-wrap: break-word;">重庆</a>&nbsp;|&nbsp;<a href="https://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649830196&amp;idx=1&amp;sn=7a599cf338734c1d41c6fa16005b1641&amp;chksm=835172ebb426fbfdda6873adbeddc124ae670de675a7c36d11977106150a1d924572ea70f299&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;outline: 0px none currentcolor;overflow-wrap: break-word;">成都</a>&nbsp;|&nbsp;<a href="https://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649830221&amp;idx=1&amp;sn=f5994dbfe9fa00ffce4b5be1a69f3244&amp;chksm=83517292b426fb8419e771cf48ea94de01fc7dc909b4e8c2759c6423b8be6080bc5bd1c248cc&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;outline: 0px none currentcolor;overflow-wrap: break-word;">深圳</a>&nbsp;|&nbsp;<a href="https://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649829995&amp;idx=1&amp;sn=cd78421e4f2e724f552f8eefc65e0236&amp;chksm=835173b4b426faa26aed46ed566bc1f8ffa11498370fed14fa9d0690795a3eff5a186c63a03d&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;outline: 0px none currentcolor;overflow-wrap: break-word;">上海</a>&nbsp;|&nbsp;<a href="https://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649829512&amp;idx=1&amp;sn=421f2b766d75009082de8fc1e81cd8d2&amp;chksm=83517157b426f84197c93fd852a3e3f93019c9d81e099784ad0aa09f326ca9dd33a0edb7cfd7&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;outline: 0px none currentcolor;overflow-wrap: break-word;">珠三角</a>&nbsp;|&nbsp;<a href="https://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649829480&amp;idx=1&amp;sn=c77baf137c109f1017170a708548d37b&amp;chksm=835171b7b426f8a1d942708988b8f4bd875366f5928d1db99470ccad6958aa0c8cd47b292c23&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;outline: 0px none currentcolor;overflow-wrap: break-word;">雄安新区</a>&nbsp;|&nbsp;<a href="https://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=401964235&amp;idx=1&amp;sn=8839375241e6a7e69f49aec108ca1ad6&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;outline: 0px none currentcolor;overflow-wrap: break-word;">无锡</a>&nbsp;|&nbsp;<a href="https://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=203026648&amp;idx=1&amp;sn=466dca69ff3eb746e2e5c21831d57f0f&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;outline: 0px none currentcolor;overflow-wrap: break-word;">北京</a>&nbsp;|&nbsp;<br style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;" /></span></span></section><section style="margin-right: 8px;margin-left: 8px;text-align: left;line-height: 1.5em;text-indent: 0em;letter-spacing: 0.54px;white-space: normal;max-width: 100%;box-sizing: border-box;overflow-wrap: break-word;background-color: rgb(255, 255, 255);"><span style="font-size: 12px;"><strong style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;"><span style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;">热点:</span></strong><strong style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;"></strong><strong style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;"></strong><strong style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;"></strong><strong style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;"></strong><strong style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;"></strong><strong style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;"></strong><span style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;">|&nbsp;<a href="http://mp.weixin.qq.com/s?__biz=MzIxMTUxMzE2Mw==&amp;mid=2247485505&amp;idx=1&amp;sn=90a4482d0ec14f8a4d441f77c653806c&amp;chksm=97557265a022fb7385559a6648c54242c721582b3811ad664360ea1e6f562f0f62264852c20c&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" data-itemshowtype="0" style="box-sizing: border-box;cursor: pointer;max-width: 100%;overflow-wrap: break-word;">深圳土拍</a></span><strong style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;"><span style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;">&nbsp;</span></strong><span style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;">|&nbsp;<a href="http://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649831957&amp;idx=1&amp;sn=a889b497d60264ef90aea585e4d4556f&amp;chksm=83517bcab426f2dc5e2b3778bc8e8834b453c4eac98c490ebeb525c4a5b01093fe602418b8fb&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;overflow-wrap: break-word;">美国地产</a>&nbsp;|&nbsp;</span></span><a href="http://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649831073&amp;idx=1&amp;sn=b9e813dced68e2e1397bd2cc2b6d05c7&amp;chksm=8351777eb426fe68993e996d9312897701ad0e93a7703c5d719dc20ebf09a1b0c6715f502e4d&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;overflow-wrap: break-word;font-size: 12px;"><span style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;font-size: 12px;">长租公寓</span></a><span style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;font-size: 12px;">&nbsp;|&nbsp;<a href="http://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649830578&amp;idx=1&amp;sn=73f5149b299d5ce19a433c365eedee83&amp;chksm=8351756db426fc7b173558a1765830766ec5f7fb387e652250f10a106ef6490821f809722cfb&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;outline: 0px none currentcolor;overflow-wrap: break-word;">中美贸易战</a>&nbsp;|&nbsp;<a href="http://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649830503&amp;idx=1&amp;sn=2fae9eec64a6ed71f0c4ee9e4e9bafe7&amp;chksm=835175b8b426fcaec41bb2a484ef939ac78474c77acde2d96a6f7f8b61a0f4ade630c13e7f90&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;outline: 0px none currentcolor;overflow-wrap: break-word;">粤港澳</a>&nbsp;|&nbsp;<a href="https://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649830398&amp;idx=1&amp;sn=ffd40b9cb7730bd712d8f053280d6fa9&amp;chksm=83517221b426fb37e97b45db61547227724f5a09e6a2a0484a55475066ac41fc1b0165954d0d&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;outline: 0px none currentcolor;overflow-wrap: break-word;">万科商业</a>&nbsp;|&nbsp;<a href="https://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649830360&amp;idx=1&amp;sn=3cea24af7ebf848fde74c52538f111e5&amp;chksm=83517207b426fb11a1ae1c301117e9626ba09012aa9d8b4d8f722e45423ecb7e63987f50bec5&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;outline: 0px none currentcolor;overflow-wrap: break-word;">2018年走势</a>&nbsp;|<br style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;" /></span></section><section style="margin-right: 8px;margin-left: 8px;text-align: left;line-height: 1.5em;text-indent: 0em;letter-spacing: 0.54px;white-space: normal;max-width: 100%;box-sizing: border-box;overflow-wrap: break-word;background-color: rgb(255, 255, 255);"><span style="font-size: 12px;"><strong style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;"><span style="font-size: 12px;box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;">专业:</span></strong><strong style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;"></strong><strong style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;"></strong><strong style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;"></strong><strong style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;"></strong><strong style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;"></strong><strong style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;"></strong><span style="font-size: 12px;box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;">|&nbsp;<a href="http://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649831987&amp;idx=1&amp;sn=8553537eb64de48a9b7eb16564fe8988&amp;chksm=83517becb426f2fa0c63ef59ace65085334609b45795331170f0edb7f455d154c06d53aa85f7&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;overflow-wrap: break-word;">穿越熊市</a></span>&nbsp;<span style="font-size: 12px;box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;">|&nbsp;<a href="http://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649831371&amp;idx=1&amp;sn=9b15fe316680aabc64e2b7c37e5767d8&amp;chksm=83517614b426ff0229de8ab490c6a7fb33f9e7de34bae145abd3565818c5965c1eca5a4b0029&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;overflow-wrap: break-word;">地产研报</a>&nbsp;|&nbsp;<a href="http://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649831103&amp;idx=1&amp;sn=6ae2c7ba214abd19c76ed907399b77b7&amp;chksm=83517760b426fe767422812a59d53a334c00664a2cc146d59a076bc0e59a062f518c7df00861&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;overflow-wrap: break-word;">投资</a>&nbsp;|<a href="http://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649831043&amp;idx=1&amp;sn=dcae4bb0d9c69a6aefeb48f7447dff10&amp;chksm=8351775cb426fe4a32f43b1fe3a11ebffb7d381291adc0746d6d0ed9f3efb882617e0407aa10&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;overflow-wrap: break-word;">&nbsp;思考</a>&nbsp;|&nbsp;<a href="http://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649830765&amp;idx=1&amp;sn=d21dbefeb5e1aea1599bcec8fae7a7d4&amp;chksm=835174b2b426fda4b66776ffb3da368f2b71e44233e17581d647b246e52aa53255140e3adac0&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;outline: 0px none currentcolor;overflow-wrap: break-word;">客研</a>&nbsp;|&nbsp;<a href="http://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649830698&amp;idx=1&amp;sn=27ffa7f097500e9e7fb23f99fdce51ef&amp;chksm=835174f5b426fde3854d2eec6dc6fd1c0c182faa0218d1b0ce833e50c860c23b062b88f914e0&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;outline: 0px none currentcolor;overflow-wrap: break-word;">高周转</a>&nbsp;|&nbsp;<a href="http://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649830656&amp;idx=1&amp;sn=dc61474f9d09133fcce2934476ea10c1&amp;chksm=835174dfb426fdc9575a9a316aef5c25d051f574d0cd96ae3d1cda189bca7c7b0b7447e403e4&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;outline: 0px none currentcolor;overflow-wrap: break-word;">房价预测</a>&nbsp;|&nbsp;<a href="http://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649830457&amp;idx=1&amp;sn=37a5c454028fb849c2c5fce3b3575756&amp;chksm=835175e6b426fcf07c9d8fdee249e33edf0ae7f5684be2290c3145624ad430d880a10a654ebd&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;outline: 0px none currentcolor;overflow-wrap: break-word;">2018房地产报告</a>&nbsp;|&nbsp;&nbsp;<a href="https://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649830201&amp;idx=1&amp;sn=1816623486b879233513443f1df6ec59&amp;chksm=835172e6b426fbf07aa0f023c3ff79ca1cf11606fc2f2b66cfe773222e3fa1df7f92affa90b6&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;outline: 0px none currentcolor;overflow-wrap: break-word;">远郊定位&nbsp;</a>|&nbsp;<a href="https://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649829710&amp;idx=1&amp;sn=58d632f4b07dc0796127ef5df605bb36&amp;chksm=83517091b426f9871fa25aed40ade8d757557347ecf505d8b9510645b5adcc6d703caed90b31&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;outline: 0px none currentcolor;overflow-wrap: break-word;">时势蓝图</a>&nbsp;|</span></span></section><section style="margin-left: 8px;margin-right: 8px;"><br /></section>

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