桂浩明:加强预期管理重塑投资信心 这是很有必要的

2026-10-25 · sanzhiwenhua.com

жүӢжңәжҹҘзңӢиҙўз»Ҹеҝ«и®Ҝ дёҖжүӢжҺҢжҸЎеёӮеңәи„үжҗҸ гҖҖгҖҖиҮӘ9жңҲд»ҘжқҘпјҢи·Ңи·ҢдёҚдј‘зҡ„AиӮЎеңЁ10жңҲдёӯж—¬иҝҺжқҘдәҶеҸҚеј№пјҢиҷҪ然иҝһз»ӯдёҠж¶ЁдәҶдёүеӨ©пјҢдҪҶе®һйҷ…涨幅并дёҚеӨ§гҖӮ

жүӢжңәжҹҘзңӢиҙўз»Ҹеҝ«и®Ҝ

дёҖжүӢжҺҢжҸЎеёӮеңәи„үжҗҸ

гҖҖгҖҖиҮӘ9жңҲд»ҘжқҘпјҢи·Ңи·ҢдёҚдј‘зҡ„AиӮЎеңЁ10жңҲдёӯж—¬иҝҺжқҘдәҶеҸҚеј№пјҢиҷҪ然иҝһз»ӯдёҠж¶ЁдәҶдёүеӨ©пјҢдҪҶе®һйҷ…涨幅并дёҚеӨ§гҖӮе°ұдёҠиҜҒз»јжҢҮиҖҢиЁҖпјҢжҳҺжҳҫеҸ—йҳ»дәҺ3750зӮ№пјҢиҝҷдёӘдҪҚзҪ®и·қзҰ»еҸҚеј№еүҚзҡ„дҪҺзӮ№д№ҹе°ұй«ҳеҮәдәҶ70зӮ№е·ҰеҸігҖӮжӣҙеӨ§зҡ„й—®йўҳеңЁдәҺпјҢиҷҪ然жҢҮж•°жңүжүҖдёҠиЎҢпјҢдҪҶжҲҗдәӨйҮҸеҚҙдёҖзӣҙдёҠдёҚжқҘпјҢ1.5дёҮдәҝе…ғзҡ„еҚ•ж—ҘжҲҗдәӨйҮ‘йўқпјҢжҲҗдёәиҝҷж®өж—¶й—ҙйҮҸиғҪйҮҠж”ҫзҡ„жһҒйҷҗгҖӮжңүдәәиҜҙпјҢеңЁеӨ§и·Ңд»ҘеҗҺпјҢзү№еҲ«жҳҜжҠҖжңҜдёҠи¶…еҚ–дёҘйҮҚзҡ„жғ…еҶөдёӢпјҢеҮәзҺ°еҸҚеј№жҳҜеёӮеңәеҫҲиҮӘ然зҡ„иө°еҠҝпјҢеҚідҫҝиө°еҫ—еҶҚејұпјҢд№ҹдёҚиҮідәҺиҝһ3%зҡ„е№…еәҰд№ҹжІЎжңүпјҢиҖҢзҺ°е®һжғ…еҶөе°ұжҳҜд»…д»…дёҠж¶ЁдәҶ2%гҖӮйӮЈд№ҲпјҢ10жңҲдёӯж—¬зҡ„еҸҚеј№дёәдҪ•еҸӘжҳҜжҳҷиҠұдёҖзҺ°е‘ўпјҹ

гҖҖгҖҖеҪ“9жңҲеӨ§зӣҳејҖе§ӢеҶҚеәҰеӣһиҗҪж—¶пјҢжңүи§ӮзӮ№и®ӨдёәжҳҜеҸ—еҲ°дәҶжө·еӨ–еёӮеңәзҡ„жӢ–зҙҜгҖӮзҡ„зЎ®пјҢеҪ“ж—¶зҫҺиӮЎеҸҠж—Ҙйҹ©иӮЎеёӮйңҮе№…иҫғеӨ§пјҢ科жҠҖиӮЎд№ҹйҒҮеҲ°дёҚе°Ҹзҡ„жҠӣеҺӢгҖӮдҪҶеҮ з»ҸжӢүй”ҜпјҢе…¶иЎҢжғ…еҸҲйҖҗжёҗиө°еҘҪдәҶгҖӮзү№еҲ«жҳҜеңЁ10жңҲдёҠдёӯж—¬иҝҷж®өж—¶й—ҙпјҢеҸҲдёҖж¬ЎеҪўжҲҗдәҶеҸ‘еҠӣеҗ‘дёҠзҡ„жҖҒеҠҝгҖӮд№ҹжңүдәәиҜҙпјҢзҫҺеӣҪйҖҡиғҖдёҘйҮҚеҢ–пјҢдёҺдјҠжң—зҡ„жҲҳдәүйҷ·е…ҘеғөеұҖпјҢжҠ¬й«ҳдәҶзҹіжІ№д»·ж јпјҢеҜјиҮҙеҠ жҒҜйў„жңҹеҚҮжё©гҖӮиҝҷеҪ“然жҳҜдәӢе®һпјҢдҪҶе…¶е®һиҝҷдәӣеҜ№AиӮЎеёӮеңәзҡ„еҪұе“ҚжҳҜйқһеёёжңүйҷҗзҡ„гҖӮеҺҹеӣ еҫҲз®ҖеҚ•пјҢдёӯеӣҪдёҺзҫҺеӣҪжүҖеӨ„зҡ„з»ҸжөҺе‘Ёжңҹ并дёҚзӣёеҗҢпјҢжӣҙдҪ•еҶөзҫҺеӣҪиӮЎеёӮеҜ№жӯӨд№ҹжІЎжңүдҪңеҮәзү№еҲ«ејәзғҲзҡ„еҸҚеә”пјҢAиӮЎжӣҙжІЎжңүзҗҶз”ұе…ҲдәҺзҫҺиӮЎдёӢи·ҢгҖӮжүҖд»ҘпјҢдёҚз®ЎжҳҜиҝҷиҪ®иӮЎеёӮзҡ„дёӢи·ҢпјҢиҝҳжҳҜйҡҸеҗҺеҸҚеј№зҡ„д№ҸеҠӣпјҢеҺҹеӣ жҒҗжҖ•дё»иҰҒиҝҳжҳҜиҮӘиә«зҡ„гҖӮ

гҖҖгҖҖзңӢдёҖдёӢжңҖиҝ‘зҡ„е®Ҹи§Ӯйқўй«ҳйў‘еҸҠе…ҲеҜјж•°жҚ®пјҢдёҚйҡҫеҸ‘зҺ°з»ҸжөҺиө°еҠҝиҝҳдёҚй”ҷгҖӮGDPеўһйҖҹеңЁдәҢеӯЈеәҰж”ҫзј“еҗҺпјҢдёүеӯЈеәҰеҸҲжҳҺжҳҫеҠ еҝ«пјҢ规模д»ҘдёҠе·ҘдёҡдјҒдёҡеҲ©ж¶Ұд№ҹеңЁзЁіжӯҘеӣһеҚҮпјҢеӨ–иҙёжӣҙжҳҜе®һзҺ°дәҶиҝһз»ӯзҡ„й«ҳеўһй•ҝпјҢдёҚж–ӯеҲӣеҮә еҺҶеҸІж–°й«ҳ гҖӮеҸҰеӨ–пјҢCPIгҖҒPPIзӯүд№ҹеҸҚеј№жҳҺжҳҫпјҢжҳҫзӨәйңҖжұӮејҖе§ӢеўһеҠ гҖӮвҖңеҗ‘ж–°еҗ‘еҘҪвҖқжҲҗдёәеҜ№еҪ“еүҚз»ҸжөҺжҙ»еҠЁзҡ„еҹәжң¬иҜ„д»·гҖӮеҶҚд»Һеҫ®и§ӮеұӮйқўжқҘзңӢпјҢдёҠеёӮе…¬еҸёдёӯжҠҘжҳҫзӨәпјҢдјҒдёҡдёҡз»©жҖ»дҪ“еӨ„дәҺдёҚж–ӯжҸҗеҚҮйҳ¶ж®өпјҢе°Өе…¶жҳҜ科жҠҖеһӢдјҒдёҡпјҢеўһй•ҝйҖҹеәҰзӣёеҪ“еҝ«гҖӮжҢүзҗҶиҜҙпјҢеңЁиҝҷз§Қжғ…еҶөдёӢиӮЎеёӮзҗҶеә”еҮәзҺ°вҖңжҲҙз»ҙж–ҜеҸҢеҮ»вҖқпјҢд№ҹе°ұжҳҜдёҡз»©еўһй•ҝгҖҒиӮЎд»·дёҠж¶ЁгҖӮеҸҜе®һйҷ…дёҠпјҢдёҡз»©еўһй•ҝ并没жңүеёҰжқҘиӮЎд»·дёҠж¶ЁгҖӮжңҖиҝ‘жҳҜдёҠеёӮе…¬еҸёдёүеӯЈжҠҘжҠ«йңІзҡ„ж—¶й—ҙпјҢдёҚе°‘дёҡз»©жңүиҫғеӨ§е№…еәҰеўһй•ҝзҡ„е…¬еҸёеҚҙжҳҜж¶ҲжҒҜе…¬еёғеҗҺиӮЎд»·дёӢи·ҢгҖӮеҰӮжһңжҳҜеңЁиҝҷд№ӢеүҚе·Із»ҸдёҠж¶ЁеҫҲеӨҡдәҶпјҢйӮЈд№ҲеҖ’еҸҜд»Ҙз”ЁвҖңи§Ғе…үжӯ»вҖқжқҘи§ЈйҮҠпјҢеҸҜжңүдәӣе…¬еҸёзҡ„иӮЎзҘЁжҳҺжҳҺе·Із»Ҹи·ҢдәҶеҫҲеӨҡпјҢеҸҜж¶ҲжҒҜе…¬еёғеҗҺиҝҳжҳҜ继з»ӯдёӢи·ҢгҖӮдёҚе°‘жҠ•иө„иҖ…еҸ‘зҺ°пјҢ10жңҲдёӯж—¬зҡ„еҸҚеј№жҜ”иҫғејұпјҢе°ұжҳҜдёҺдёҖдәӣи“қзӯ№иӮЎиө°еҠҝдёҚдҪіжңүе…іпјҢе®ғ们жңүеҫҲеҘҪзҡ„дёҡз»©пјҢдҪҶеёӮеңәдјјд№Һ并дёҚи®ӨеҸҜгҖӮиҝҷд№ҹе°ұжҳҜиҜҙпјҢеҪ“еүҚеёӮеңәзҡ„з–ІиҪҜд№ғиҮіеҸҚеј№зҡ„жңүж°”ж— еҠӣпјҢеңЁжҹҗз§Қж„Ҹд№үдёҠдёҺе®һдҪ“з»ҸжөҺзҡ„еҹәжң¬йқўе№¶жІЎжңүеӨӘеӨ§зҡ„е…ізі»гҖӮ

гҖҖгҖҖйӮЈд№ҲпјҢй—®йўҳеҮәеңЁе“ӘйҮҢе‘ўпјҹд№ҹи®ёжҳҜеҮәеңЁйў„жңҹдёҠгҖӮиҷҪ然еӨ§е®¶и§үеҫ—зҺ°еңЁз»ҸжөҺиҝҗиЎҢиҝҳдёҚй”ҷпјҢдҪҶеҜ№жңӘжқҘеҚҙ并дёҚеӨӘжңүдҝЎеҝғгҖӮдәә们жҷ®йҒҚжӢ…еҝғиө„дә§зҡ„е®үе…ЁпјҢеҜ№е…¶еўһеҖјзјәд№ҸдҝЎеҝғгҖӮиҖҢеңЁиӮЎеёӮдёҠпјҢдёӨе№ҙеӨҡеүҚпјҢеҫҲеӨҡдәәд№ӢжүҖд»Ҙж•ўдәҺеӨ§иғҶе…ҘеёӮпјҢд№ҹжҳҜеӣ дёәеҜ№жңүе…іиӮЎеёӮзҡ„еҗ„йЎ№ж”ҝзӯ–иҗҪең°гҖҒй•ҝзәҝиө„йҮ‘жҢҒз»ӯе…ҘеёӮжҠұжңүд№җи§Ӯйў„жңҹгҖӮиҖҢзҺ°еңЁдёҚе°‘ж•°жҚ®жҳҫзӨәпјҢдёҖдәӣиў«и®ӨдёәжҳҜвҖңиҖҗеҝғиө„жң¬вҖқзҡ„иө„йҮ‘е…¶е®һд№ҹеңЁеҒҡзҹӯзәҝгҖӮиҷҪ然иө„йҮ‘еҰӮжӯӨж“ҚдҪңеҸҜиғҪе’Ң规еҲҷжң¬иә«е№¶дёҚзҹӣзӣҫпјҢдҪҶжҜ•з«ҹеҗҢжҠ•иө„иҖ…зҡ„жңҹжңӣд»ҘеҸҠз»ҙжҠӨеёӮеңәзЁіе®ҡзҡ„иҰҒжұӮеӯҳеңЁи·қзҰ»гҖӮеңЁиҝҷз§Қжғ…еҶөдёӢпјҢеҫҲйҡҫжғіиұЎжҠ•иө„иҖ…еҜ№еҗҺеёӮиғҪеӨҹеҪўжҲҗзЁіе®ҡзҡ„йў„жңҹгҖӮиҖҢзјәе°‘зЁіе®ҡзҡ„йў„жңҹпјҢеңЁж“ҚдҪңдёҠиҮӘ然жҳҜдјҡйқһеёёи°Ёж…ҺпјҢдёҚж•ўй•ҝзәҝж“ҚдҪңпјҢдёҖзңӢеёӮеңәйЈҺеҗ‘дёҚеҜ№й©¬дёҠе°ұи·‘гҖӮиҝҷж ·дёҖжқҘпјҢдёҚдҪҶжҠ‘еҲ¶дәҶеӨ§зӣҳзҡ„еҸҚеј№з©әй—ҙпјҢиҝҳдҪҝеҫ—еёӮеңәж°ӣеӣҙеҺӢжҠ‘并йҷ·е…ҘжӮІи§Ӯд№ӢдёӯпјҢ10жңҲдёӯж—¬зҡ„еҸҚеј№еҰӮжӯӨзҹӯжҡӮпјҢеҺҹеӣ е°ұеңЁдәҺжӯӨгҖӮ

гҖҖгҖҖдёҖзӣҙжңүи§ӮзӮ№и®ӨдёәпјҢйңҖиҰҒеҠ ејәйў„жңҹз®ЎзҗҶпјҢиҝҷжҳҜеҫҲжңүеҝ…иҰҒзҡ„гҖӮзҺ°еңЁAиӮЎеёӮеңәеӯҳеңЁзҡ„й—®йўҳпјҢеҫҲеӨ§зЁӢеәҰдёҠжҳҜжҠ•иө„иҖ…зјәд№ҸзЁіе®ҡеҗ‘еҘҪзҡ„йў„жңҹгҖӮиҖҢеҠ ејәйў„жңҹз®ЎзҗҶпјҢдёҖж–№йқўеҪ“然жҳҜиҝӣиЎҢеҝ…иҰҒзҡ„жӯЈйқўеј•еҜјпјҢи®©жҠ•иө„иҖ…зңӢжё…еҪўеҠҝпјӣеҸҰдёҖж–№йқўпјҢд№ҹйңҖиҰҒиҜёеҰӮзұ»вҖңе№іеҮҶеҹәйҮ‘вҖқиҝҷж ·зҡ„й•ҝзәҝиө„йҮ‘з§ҜжһҒе…ҘеёӮпјҢеңЁд»Ҙе®һйҷ…иЎҢеҠЁзңӢеҘҪеҗҺеёӮж–№йқўдҪңеҮәжҰңж ·гҖӮеҰӮжӯӨеҸҢз®ЎйҪҗдёӢпјҢжҠ•иө„иҖ…зҡ„йў„жңҹжҳҜиғҪеӨҹеҫ—еҲ°жҳҫи‘—ж”№е–„зҡ„гҖӮеңЁжң¬е‘ЁдёӢеҚҠе‘ЁпјҢзӣҳйқўжҳҫзӨәдёҚж–ӯжңүеўһйҮҸиө„йҮ‘ж¶Ңе…Ҙе®ҪеҹәETFпјҢ并且еңЁе‘Ёдә”еј•еҸ‘дәҶеӨ§зӣҳзҡ„дҪҺејҖй«ҳиө°гҖӮеҰӮжһңжҺҘдёӢжқҘеӨ§иө„йҮ‘иғҪеӨҹ继з»ӯиҝҷж ·еҒҡпјҢйӮЈд№ҲжҠ•иө„иҖ…еҜ№еҗҺеёӮе°ұдјҡжҒўеӨҚдҝЎеҝғпјҢеёӮеңәд№ҹе°ұжңүеёҢжңӣж…ўж…ўиө°еҘҪгҖӮ

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