<section style="text-align: center;margin-left: 16px;margin-right: 16px;" data-mpa-powered-by="yiban.io"><span style="font-size: 36px;"><strong>01</strong></span></section><section style="text-align: center;margin-left: 16px;margin-right: 16px;"><strong>æå¨ç»æµå¢é¿çä¸é©¾é©¬è½¦</strong></section><section style="margin-left: 16px;margin-right: 16px;"><br /></section><section style="margin-left: 16px;margin-right: 16px;">å¾å¤äººä¼è§å¾ä¸å£åº¦çææ å¯è½æç¹æªã</section><section style="margin-left: 16px;margin-right: 16px;"><br /></section><section style="margin-left: 16px;margin-right: 16px;">äºå®ä¸ï¼æ们ç»çç»è®¡å±çææ ââå¨2019å¹´ä¹åï¼ç¤¾ä¼éå®åé¶å®æ»é¢ãåéåºæãåºå£éé¢ç´¯è®¡åæ¯ï¼åºæ¬ä¸é½å¨æ£è´é¶ä¹é´ï¼æ´ä½åºå£æ¯è¾ç¨³å®ã</section><section style="margin-left: 16px;margin-right: 16px;"><br /></section><section style="margin-left: 16px;margin-right: 16px;">å°2020å¹´ç«æ çåï¼æ¶è´¹ãåºæãåºå£ç´¯è®¡åæ¯é½ç«å»ä¸è·ï¼æ´ä½å¤äºä¸ä¸ªä½ä½ï¼å¯ä»¥ç解为ç»æµåºæ¬ä¸æ¯è´å¢é¿ã</section><section style="margin-left: 16px;margin-right: 16px;"><br /></section><section style="margin-right: 16px;margin-left: 16px;white-space: normal;"><img class="rich_pages wxw-img" data-galleryid="" data-ratio="0.4294377067254686" data-s="300,640" data-src="https://mmbiz.qpic.cn/mmbiz_png/zd226QNNqG5wFuk3mic83Xy7IDiaK1Smxv5Dvb94qicYVekUicYs8GjqicWIl0uEjwKbsCkRxYuYeshT19ic3ZsM3wsQ/640?wx_fmt=png" data-type="png" data-w="1814" /></section><section style="margin-right: 16px;margin-left: 16px;white-space: normal;"><span style="font-size: 12px;">红线ï¼ç¤¾ä¼æ¶è´¹åé¶å®æ»é¢ï¼ç´¯è®¡åæ¯ï¼<br /></span></section><section style="margin-right: 16px;margin-left: 16px;white-space: normal;"><span style="font-size: 12px;">é»çº¿ï¼åéåºæå®æé¢ï¼ç´¯è®¡åæ¯ï¼<br /></span></section><section style="margin-right: 16px;margin-left: 16px;white-space: normal;"><span style="font-size: 12px;">è线ï¼åºå£éé¢ï¼ç´¯è®¡åæ¯ï¼</span></section><section style="margin-right: 16px;margin-left: 16px;white-space: normal;"><span style="font-size: 12px;"><br 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16px;margin-bottom: 0em;margin-left: 16px;text-align: center;"><img class="rich_pages wxw-img" data-galleryid="" data-ratio="0.40783664459161145" data-s="300,640" data-src="https://mmbiz.qpic.cn/mmbiz_png/zd226QNNqG5QTzlIhOgy59pRnUXvAHw1aYG2diamjQaib4huWqF9icE8VTUqTia6icIweKHYCVbr5qCnAqoPwX3E1zg/640?wx_fmt=png" data-type="png" data-w="1812" /></section><section style="margin-right: 16px;margin-left: 16px;"><span style="font-size: 12px;">é»çº¿ï¼ç¤¾ä¼æ¶è´¹åé¶å®æ»é¢-å½æåæ¯å¢é¿ï¼%ï¼<br /></span></section><section style="margin-right: 16px;margin-left: 16px;"><span style="font-size: 12px;">红线ï¼è¿å£éé¢-å½æåæ¯<br /></span></section><section style="margin-right: 16px;margin-left: 16px;"><span style="font-size: 12px;">è线ï¼åºå£éé¢-å½æåæ¯</span><br /></section><section style="margin-right: 16px;margin-left: 16px;"><br style="white-space: normal;" /></section><ul class="list-paddingleft-1" style="list-style-type: disc;margin-left: 16px;margin-right: 16px;"><li style="color: rgb(0, 122, 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style="margin-left: 16px;margin-right: 16px;">è2020å¹´ä¸åå¹´å°2021å¹´ä¸åå¹´ï¼å°äº§å¸åºé£ä¹å¥½ï¼å ¶å®ä¹è·å½æ¶åºå£è¿çç¸å ³ï¼å¤§éèµåç¾å ï¼ç»å½å 带æ¥å¾å¤çèµéæµå¨æ§ï¼ä»è带æ¥ä¸æ³¢å°äº§è¡æ ã</section><section style="margin-left: 16px;margin-right: 16px;"><br /></section><section style="margin-left: 16px;margin-right: 16px;">ä½ç°å¨é¢ä¸´ä¸¤ä¸ªé®é¢ï¼ä¸æ¹é¢ï¼åºå£éé¢ç´¯è®¡åæ¯49%ï¼è¿ä¸ªå¢éæ¯ä¸å¯è½æç»çï¼å¦ä¸æ¹é¢ï¼ç«æ çåå°ç°å¨ï¼ä¸¤å¹´è¿å»äºï¼æµ·å¤çå½å®¶ä¹å¼å§éæ¸éåºãæ¾å¼ï¼å½æ¶æ们大æ¦ç¨äºä¸å¹´æ§å¶ä½ï¼æ以èµäºä¸å¹´çå ¨çå¶é ç红å©ï¼ç°å¨æµ·å¤çç产éæ¸æ¢å¤ï¼<span style="color: rgb(0, 122, 170);"><strong>æå½çè¿åºå£å¢éè¯å®æ¯ä¼ä¸æ¥çï¼æ以<strong style="white-space: normal;">æè¿</strong>å°äº§è¡æ é½å¾æ¨</strong>ã</span></section><section style="text-align: center;margin-bottom: 0em;margin-left: 16px;margin-right: 16px;"><br /></section><section style="margin-left: 16px;margin-right: 16px;"><br /></section><section style="white-space: normal;text-align: center;margin-left: 16px;margin-right: 16px;"><span style="font-size: 36px;"><strong>04</strong></span></section><section style="white-space: normal;text-align: center;margin-left: 16px;margin-right: 16px;"><strong>å¶é ä¸ãéå¶é ä¸ä¿¡å¿ä¸è¶³<br /></strong></section><section style="white-space: normal;text-align: center;margin-left: 16px;margin-right: 16px;"><strong><br /></strong></section><section style="text-align: center;margin-bottom: 0em;margin-left: 16px;margin-right: 16px;"><img class="rich_pages wxw-img" data-galleryid="" data-ratio="0.4050564819795589" data-s="300,640" data-src="https://mmbiz.qpic.cn/mmbiz_png/zd226QNNqG6QqibLhc2XrVH3Ocn0ZVpo541VxxRe3hicgV8KhaV86ibHxx89s4wJRuOuK8947MgQhPAfz5Gzicl6vw/640?wx_fmt=png" data-type="png" data-w="1859" style="" /></section><section style="margin-right: 16px;margin-left: 16px;white-space: normal;"><span style="font-size: 12px;">紫线ï¼PMI<br /></span></section><section style="margin-right: 16px;margin-left: 16px;white-space: normal;"><span style="font-size: 12px;">红线ï¼äºå¹´é«å¼<br /></span></section><section style="margin-right: 16px;margin-left: 16px;white-space: normal;"><span style="font-size: 12px;">绿线ï¼äºå¹´ä½å¼<br /></span></section><section style="margin-right: 16px;margin-left: 16px;white-space: normal;"><span style="font-size: 12px;">ç°çº¿ï¼äºå¹´åå¼</span></section><section style="white-space: normal;text-align: center;margin-left: 16px;margin-right: 16px;"><br /></section><section style="margin-left: 16px;margin-right: 16px;">æ 论æ¯å¶é ä¸çPMIï¼è¿æ¯éå¶é ä¸çPMIï¼é½è·ç ´äºè£æ¯çº¿ãæå³ç<span style="color: rgb(0, 122, 170);"><strong>ç°é¶æ®µï¼æ 论æ¯å¶é ä¸çè¿æ¯éå¶é ä¸çï¼å¤§å®¶å ¶å®é½æ²¡å¤å°ä¿¡å¿ã</strong></span><br /></section><section style="margin-left: 16px;margin-right: 16px;"><br /></section><section style="margin-left: 16px;margin-right: 16px;">ä½å ¶å®å¾å¤çæºä¼é½æ¥èªäºé¢æå·®ï¼å¤§å®¶æ¾ä½é¢æï¼æ许è½æ¶è·æ´å¥½çç»æã</section><section style="text-align: center;margin-bottom: 0em;margin-left: 16px;margin-right: 16px;"><br /></section><section style="margin-left: 16px;margin-right: 16px;"><br 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style="margin-right: 16px;margin-left: 16px;white-space: normal;"><span style="font-size: 12px;">绿线ï¼åä¹-å½å ç产æ»å¼å½å£å¼åæ¯<br /></span></section><section style="margin-right: 16px;margin-left: 16px;white-space: normal;"><span style="font-size: 12px;">è线ï¼å ¨å½å± æ°äººåå¯æ¯é æ¶å ¥ï¼åä¹ç´¯è®¡åæ¯<br /></span></section><section style="margin-right: 16px;margin-left: 16px;white-space: normal;"><span style="font-size: 12px;">ç°æ±åï¼M2%-åä¹GDP%</span></section><section style="margin-right: 16px;margin-left: 16px;white-space: normal;"><span style="font-size: 12px;"><br /></span></section><section style="margin-left: 16px;margin-right: 16px;"><span style="color: rgb(0, 122, 170);"><strong>M2ä¸GDPå¢é缺å£èµ°éååå¹´ï¼ä¼åºç°å°äº§å¸åºç¹è£</strong></span>ãç®åM2ï¼çº¢çº¿ï¼çè¶å¿æ¯ä¸éçï¼èGDPï¼ç°æ±åï¼M2%-åä¹GDP%ï¼å¨2020å¹´ä¸å£åº¦ä¹åï¼å¼å§è§¦åºåå¼¹ï¼ä»è¿ç¹åºåï¼<strong>å¦æGDPä¸è°è´¨éï¼åªè®²æ°éçè¯ï¼ä»å¹´çç®æ 5.5%å®ç°é¾åº¦ä¸å¤§ï¼çè³6%é½æå¯è½</strong>ã</section><section style="margin-left: 16px;margin-right: 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style="font-size: 12px;">è线ï¼M2åæ¯å¢é</span></section><section style="margin-right: 16px;margin-left: 16px;white-space: normal;"><span style="font-size: 12px;">紫线ï¼M1å¢é-M2å¢éå¤é¡¹å¼è¶å¿çº¿</span></section><section style="margin-right: 16px;margin-left: 16px;white-space: normal;"><span style="font-size: 12px;">èæ±åï¼M1å¢é-M2å¢é</span></section><section style="margin-left: 16px;margin-right: 16px;"><br /></section><section style="margin-left: 16px;margin-right: 16px;">æ们è¿åäºå ³äº<span style="color: rgb(0, 122, 170);"><strong>M1ï¼çº¢çº¿ï¼çé¢æµï¼ç°å¨æ£å¤äºâè§åºååâçé¶æ®µ</strong></span>ï¼M1å¯ä»¥ç解为æµå¨æ§æ´å¥½çèµäº§ï¼åæ¶æ们å¤æM1è·ç¤¾èæ¯ä¸ä¸ªæ£ç¸å ³çå ³ç³»ï¼M1å¢éåM2å¢éçå·®å¼èµ°å¿è·ä¸å½è¡å¸ç大çèµ°å¿åºæ¬å»åãå¯ä»¥è¿ä¹ç解ââ2018å¹´å°2022å¹´ï¼è¿ä¸ªå·®å¼é½æ¯å¤æ°ï¼è¡å¸åºæ¬å¤äºçå¸ï¼2022å¹´ä¸åå¹´è¿ä¸ªå·®å¼è¶å¿ï¼ç´«çº¿ï¼å¼å§ååï¼<span style="color: rgb(0, 122, 170);"><strong>é¢è®¡2023å¹´è¡å¸å°è¿æ¥çå¸</strong></span>ã</section><section style="margin-left: 16px;margin-right: 16px;"><br /></section><section 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!important;box-sizing: border-box !important;">å ³æ³¨å享</span></section><section style="margin-right: 8px;margin-left: 8px;max-width: 100%;line-height: 1.75em;overflow-wrap: break-word !important;box-sizing: border-box !important;"><span style="max-width: 100%;caret-color: red;color: rgb(127, 127, 127);font-size: 12px;font-family: PingFangTC-Light;overflow-wrap: break-word !important;box-sizing: border-box !important;">FOLLOW US & SHARE ON MOMENTS</span></section><section style="margin-right: 8px;margin-left: 8px;max-width: 100%;line-height: 1.75em;overflow-wrap: break-word !important;box-sizing: border-box !important;"><br style="max-width: 100%;overflow-wrap: break-word !important;box-sizing: border-box !important;" /></section></section></section></section></section><section data-role="outer" style="max-width: 100%;letter-spacing: 0.544px;overflow-wrap: break-word !important;box-sizing: border-box !important;"><section data-role="paragraph" style="max-width: 100%;overflow-wrap: 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data-width="20%" style="max-width: 100%;width: 115.594px;overflow-wrap: break-word !important;box-sizing: border-box !important;"><section data-role="layout-inner" style="max-width: 100%;overflow-wrap: break-word !important;box-sizing: border-box !important;"><section data-role="paragraph" style="max-width: 100%;overflow-wrap: break-word !important;box-sizing: border-box !important;"><p style="max-width: 100%;min-height: 1em;text-align: center;overflow-wrap: break-word !important;box-sizing: border-box !important;"><span style="max-width: 100%;color: rgb(127, 127, 127);font-size: 12px;letter-spacing: 0.544px;font-family: PingFangTC-Light;overflow-wrap: break-word !important;box-sizing: border-box !important;">è§é¢å·</span></p></section></section></section><section data-role="layout" data-width="20%" style="max-width: 100%;width: 115.594px;overflow-wrap: break-word !important;box-sizing: border-box !important;"><section data-role="layout-inner" style="max-width: 100%;overflow-wrap: break-word !important;box-sizing: border-box !important;"><section data-role="paragraph" style="max-width: 100%;overflow-wrap: break-word !important;box-sizing: border-box !important;"><p style="max-width: 100%;min-height: 1em;text-align: center;overflow-wrap: break-word !important;box-sizing: border-box !important;"><span style="max-width: 100%;color: rgb(127, 127, 127);font-size: 12px;letter-spacing: 0.544px;font-family: PingFangTC-Light;overflow-wrap: break-word !important;box-sizing: border-box !important;">ç¥ä¹</span></p></section></section></section><section data-role="layout" data-width="20%" style="max-width: 100%;width: 115.594px;overflow-wrap: break-word !important;box-sizing: border-box !important;"><section data-role="layout-inner" style="max-width: 100%;overflow-wrap: break-word !important;box-sizing: border-box !important;"><section data-role="paragraph" style="max-width: 100%;overflow-wrap: break-word !important;box-sizing: border-box !important;"><p style="max-width: 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data-src="https://mmbiz.qpic.cn/mmbiz_png/AJkYaTAujIy3kArrxGazyPIK26bO7zZfQibibfZGIkjRNwTHwQ4KNp3zu2sgMcS5VLib1OHNDwOibjnPpUoribI5IcQ/640?wx_fmt=png" style="box-sizing: border-box;color: rgb(0, 0, 0);caret-color: rgb(255, 0, 0);font-family: 微软é é», "Microsoft YaHei", Arial, sans-serif;max-inline-size: 100%;overflow-wrap: break-word !important;outline: none 0px !important;visibility: visible !important;width: 50px !important;" /></p></section></section></section><section data-role="layout" data-width="20%" style="max-width: 100%;width: 115.594px;overflow-wrap: break-word !important;box-sizing: border-box !important;"><section data-role="layout-inner" style="max-width: 100%;overflow-wrap: break-word !important;box-sizing: border-box !important;"><section data-role="paragraph" style="max-width: 100%;overflow-wrap: break-word !important;box-sizing: border-box !important;"><p style="max-width: 100%;min-height: 1em;text-align: center;overflow-wrap: break-word !important;box-sizing: 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!important;"><span style="max-width: 100%;color: rgb(89, 89, 89);letter-spacing: 1.5px;text-align: center;-webkit-text-stroke-width: 0.2px;font-size: 12px;font-family: 微软é é», "Microsoft YaHei";overflow-wrap: break-word !important;box-sizing: border-box !important;">æè°¢ä½ çæ¯ä¸ä¸ªå享 | ç¹èµ | å¨ç</span></section><section style="margin-right: 8px;margin-left: 8px;max-width: 100%;letter-spacing: 0.544px;text-align: right;line-height: 1.75em;overflow-wrap: break-word !important;box-sizing: border-box !important;"><span style="max-width: 100%;color: rgb(89, 89, 89);letter-spacing: 1.5px;text-align: center;-webkit-text-stroke-width: 0.2px;font-size: 12px;font-family: 微软é é», "Microsoft YaHei";overflow-wrap: break-word !important;box-sizing: border-box !important;">SPECIAL THANKS</span></section><section style="margin-right: 8px;margin-left: 8px;max-width: 100%;letter-spacing: 0.544px;text-align: right;line-height: 1.75em;overflow-wrap: break-word !important;box-sizing: border-box !important;"><span style="max-width: 100%;color: rgb(89, 89, 89);letter-spacing: 1.5px;text-align: center;-webkit-text-stroke-width: 0.2px;font-size: 12px;font-family: 微软é é», "Microsoft YaHei";overflow-wrap: break-word !important;box-sizing: border-box !important;">â¼â¼â¼</span></section></section>