{"id":137720,"date":"2021-02-25T09:00:16","date_gmt":"2021-02-25T01:00:16","guid":{"rendered":"https:\/\/www.fbe.hku.hk\/?post_type=thought-leadership&#038;p=137720"},"modified":"2021-05-07T16:39:42","modified_gmt":"2021-05-07T08:39:42","slug":"to-rejuvenate-the-hong-kong-economy-2021","status":"publish","type":"thought-leadership","link":"https:\/\/www.hkubs.hku.hk\/sc\/research\/thought-leadership\/hkej-column\/to-rejuvenate-the-hong-kong-economy-2021\/","title":{"rendered":"\u4e00\u5e74\u4e4b\u8ba1 \u590d\u5174\u7ecf\u6d4e"},"content":{"rendered":"<p>\u51a0\u72b6\u75c5\u6bd2\u75c5\u75ab\u60c5\u521d\u671f\uff0c\u4e00\u4f17\u7ecf\u6d4e\u5b66\u5bb6\u9884\u6d4b\uff0c2020\u5e74\u5168\u7403\u5c06\u9677\u51651930\u5e74\u4ee3\u5927\u8427\u6761\u4ee5\u6765\u6700\u4e25\u91cd\u8870\u9000\uff0c\u4f46\u540e\u6765\u5219\u4fee\u8ba2\u4e3a\u4e0e2007\u81f32009\u5e74\u91d1\u878d\u6d77\u5578\u60c5\u51b5\u76f8\u82e5\u3002\u4f8b\u5982\u6839\u636e2020\u5e745\u6708\u300a\u534e\u5c14\u8857\u65e5\u62a5\u300b\u7684\u8c03\u67e5\uff0c\u7f8e\u56fd\u7ecf\u6d4e\u5b66\u5bb6\u666e\u904d\u9884\u6d4b\uff0c\u540c\u5e74\u7f8e\u56fd\u7ecf\u6d4e\u5c06\u6536\u7f296.6%\uff0c\u5c5e\u5927\u8427\u6761\u4ee5\u6765\u4e4b\u6700\uff1b\u8054\u90a6\u50a8\u5907\u5c40\u5b98\u5458\u968f\u4e8e6\u6708\u9884\u6d4b\uff0c\u6536\u7f29\u5e45\u5ea6\u4e3a6.5% \u3002<\/p>\n<p>\u4f46\u52309\u6708\uff0c\u8054\u50a8\u5c40\u5219\u5c06\u7ecf\u6d4e\u6536\u7f29\u7387\u4e0b\u8c03\u81f33.7%\uff1b\u968f\u7740\u65b0\u51a0\u75ab\u82d7\u9646\u7eed\u9762\u4e16\u53ca\u7f8e\u56fd\u603b\u7edf\u5927\u9009\u5c18\u57c3\u843d\u5b9a\uff0c12\u6708\u518d\u6b21\u4fee\u8ba2\u6536\u7f29\u5e45\u5ea6\u4e3a2.4%\uff0c\u8fdc\u4f4e\u4e8e\u91d1\u878d\u6d77\u5578\u7ed3\u675f\u65f64.3%\u7684\u6c34\u5e73\u3002 12\u670827\u65e5\uff0c\u7f8e\u56fd\u56fd\u4f1a\u901a\u8fc72.3\u4e07\u4ebf\u7f8e\u5143\u7684\u300a\u65b0\u51a0\u75c5\u6bd2\u63f4\u52a9\u3001\u6551\u6d4e\u548c\u7ecf\u6d4e\u5b89\u5168\u6cd5\u6848\u300b\uff0c\u63d0\u4f9b9000\u4ebf\u7f8e\u5143\u523a\u6fc0\u6027\u63f4\u52a9\uff0c\u540c\u65f6\u4e3a\u622a\u81f32021\u5e749\u670830\u65e5\u4e3a\u6b62\u8054\u90a6\u653f\u5e9c\u8d22\u653f\u5e74\u5ea6\u63d0\u4f9b1.4\u4e07\u4ebf\u7f8e\u5143\u8d44\u91d1\u3002\u4e8b\u5b9e\u4e0a\uff0c\u5168\u7403\u591a\u56fd\u53bb\u5e74\u90fd\u91c7\u53d6\u4e86\u76f8\u7c7b\u7684\u6269\u5f20\u6027\u8d22\u653f\u653f\u7b56\uff0c\u9884\u8ba1\u6709\u5173\u653f\u7b56\u65b9\u5411\u57282021\u5e74\u4ecd\u4f1a\u6301\u7eed\u3002<\/p>\n<h5><strong>\u56fd\u9645\u8d27\u5e01\u4e0e\u8d38\u6613<\/strong><\/h5>\n<p>2021\u5e74\u4f0a\u59cb\uff0c\u56fd\u9645\u8d27\u5e01\u57fa\u91d1\u7ec4\u7ec7\u53d1\u5e03\u7684\u6700\u65b0\u4e00\u671f\u300a\u4e16\u754c\u7ecf\u6d4e\u5c55\u671b\u300b\uff0c\u9884\u6d4b\u672c\u5e74\u73af\u7403\u7ecf\u6d4e\u589e\u957f\u4e3a5.5%\uff0c\u8f83\u53bb\u5e7410\u6708\u9884\u6d4b\u4e0a\u8c030.3\u4e2a\u767e\u5206\u70b9\u3002\u523a\u6fc0\u589e\u957f\u63aa\u65bd\u56fa\u7136\u91cd\u8981\uff0c\u4f46\u5982\u8981\u590d\u82cf\u7a33\u5065\uff0c\u8fd8\u987b\u7ba1\u7406\u597d\u75ab\u60c5\uff0c\u5e76\u6709\u8d56\u56fd\u9645\u8d38\u6613\u5468\u671f\u53cd\u5f39\u7684\u52a9\u529b\u3002<\/p>\n<p>\u81ea2020\u5e743\u6708\u4e2d\u81f3\u5e74\u7ec8\uff0c\u7f8e\u5143\u5bf9\u4e00\u7bee\u5b50\u8d38\u6613\u52a0\u6743\u8d27\u5e01\u7684\u6c47\u7387\u4ece117\u4e0b\u8dcc\u81f3102.6\uff0c\u77ed\u77ed8\u4e2a\u6708\u95f4\u8dcc\u5e45\u8d85\u8fc712%\uff0c\u5904\u4e8e\u8fc7\u53bb\u4e24\u5e74\u591a\u7684\u6700\u4f4e\u6c34\u5e73\u3010\u56fe1\u3011\u3002\u7f8e\u5143\u4e0e\u4e3b\u8981\u8d27\u5e01\u7684\u5229\u7387\u5dee\u5f02\u5728\u75ab\u60c5\u671f\u95f4\u4e5f\u5927\u5e45\u7f29\u5c0f\u3002<\/p>\n<p>\u7f8e\u5143\u8d70\u5f31\u867d\u53ef\u63d0\u5347\u7f8e\u56fd\u51fa\u53e3\u7684\u7ade\u4e89\u529b\uff0c\u4f46\u540c\u65f6\u4f1a\u56e0\u8fdb\u53e3\u5546\u54c1\u8f83\u6602\u8d35\u800c\u8f93\u5165\u901a\u80c0\u3002\u7f8e\u5143\u6301\u7eed\u8d70\u5f31\u7684\u56e0\u7d20\u4e0d\u5916\u4e09\u9879\uff1a\u7b2c\u4e00\uff0c\u6709\u6548\u75ab\u82d7\u9762\u4e16\u5e76\u5728\u5404\u56fd\u5e7f\u6cdb\u63a5\u79cd\uff0c\u6709\u52a9\u51cf\u8f7b\u75ab\u707e\u5bf9\u7ecf\u6d4e\u9020\u6210\u7684\u4e0d\u786e\u5b9a\u6027\u53ca\u98ce\u9669\uff0c\u800c\u7f8e\u5143\u4f5c\u4e3a\u907f\u9669\u8d27\u5e01\u7684\u4f5c\u7528\u51cf\u4f4e\uff0c\u5219\u5bfc\u81f4\u7f8e\u5143\u9700\u6c42\u4e0b\u8dcc\u3002\u7b2c\u4e8c\uff0c\u7f8e\u56fd\u9488\u5bf9\u516c\u5171\u536b\u751f\u5371\u673a\u53ca\u7ecf\u6d4e\u8870\u9000\u63d0\u4f9b\u4e86\u975e\u5e38\u79ef\u6781\u7684\u6269\u5f20\u6027\u8d27\u5e01\u53ca\u8d22\u653f\u5f00\u652f\u653f\u7b56\uff0c\u5927\u5927\u589e\u52a0\u4e86\u8d27\u5e01\u4f9b\u5e94\u3002\u7b2c\u4e09\uff0c\u7f8e\u56fd\u4ecd\u53d7\u8d22\u653f\u9884\u7b97\u548c\u8d38\u6613\u7684\u53cc\u91cd\u8d64\u5b57\u56f0\u6270\u3002<\/p>\n<p>\u56e0\u6b64\uff0c\u9884\u671f\u7f8e\u5143\u4eca\u5e74\u5c06\u7ee7\u7eed\u504f\u8f6f\uff0c\u5bf9\u8be5\u56fd\u7ecf\u6d4e\u6765\u8bf4\u65e0\u7591\u662f\u4e00\u9879\u5229\u597d\u56e0\u7d20\uff0c\u5bf9\u5168\u7403\u7ecf\u6d4e\u4e5f\u6709\u79ef\u6781\u4f5c\u7528\u3002\u539f\u56e0\u662f\u591a\u6570\u5927\u5b97\u5546\u54c1\uff08\u5982\u77f3\u6cb9\uff09\u4ee5\u7f8e\u5143\u8ba1\u4ef7\uff0c\u7f8e\u5143\u8d70\u5f31\u5c06\u4f7f\u4e00\u4e9b\u5546\u54c1\u4ef7\u683c\u4e0b\u964d\u3002\u6b64\u5916\uff0c\u5168\u7403\u5c24\u5176\u662f\u65b0\u5174\u7ecf\u6d4e\u4f53\u7684\u503a\u52a1\uff0c\u7531\u4e8e\u5927\u90e8\u5206\u4ee5\u7f8e\u5143\u501f\u5165\uff0c\u507f\u8fd8\u503a\u52a1\u6210\u672c\u4e5f\u4f1a\u968f\u4e4b\u964d\u4f4e\u3002<\/p>\n<h5><strong>\u75ab\u4e0b\u5404\u5927\u80a1\u5e02\u8868\u73b0<\/strong><\/h5>\n<p>\u53bb\u5e74\u6295\u8d44\u5e02\u573a\u51fa\u73b0\u4e00\u4e2a\u6709\u8da3\u73b0\u8c61\uff0c\u5c31\u662f\u5404\u56fd\u7ecf\u6d4e\u56e0\u75ab\u60c5\u800c\u840e\u7f29\u4e4b\u9645\uff0c\u80a1\u7968\u5e02\u573a\u53cd\u800c\u6301\u7eed\u4e0a\u626c\u3002\u89c2\u4e4e\u80a1\u5e02\u4e3b\u8981\u53cd\u6620\u9884\u671f\u4e2d\u7684\u7ecf\u6d4e\u8868\u73b0\uff0c\u77ed\u671f\u800c\u8a00\uff0c\u4e0e\u7ecf\u6d4e\u5b9e\u51b5\u7684\u76f8\u5173\u6027\u5374\u751a\u4f4e\u3002\u4ee5\u6052\u751f\u6307\u6570\u548c\u9999\u6e2f\u7279\u533a\u7ecf\u6d4e\u4e3a\u4f8b\uff0c\u4ece\u3010\u56fe2\u3011\u53ef\u89c1\u4e24\u8005\u572830\u5e74\u7684\u76f8\u5173\u6027\u4e00\u76f4\u5e76\u4e0d\u7a33\u5b9a\u3002<\/p>\n<p>2021\u5e742\u6708\u521d\uff0c\u5404\u5927\u80a1\u5e02\u8868\u73b0\u5df2\u80dc\u8fc7\u53bb\u5e741\u6708\u51a0\u72b6\u75c5\u6bd2\u75c5\u5c1a\u672a\u8513\u5ef6\u5168\u7403\u4e4b\u65f6\u3002\u4ece2019\u5e741\u6708\u81f32021\u5e741\u6708\uff0c\u6807\u666e500\u6307\u6570\u7684\u4e24\u5e74\u56de\u62a5\u662f46%\uff0c\u65e5\u7ecf\u6307\u6570\u4e3a42%\uff0c\u4e0a\u8bc1\u6307\u6570\u4e3a41%\uff0c\u5fb7\u56fdDAX\u4e3a26%\uff0c\u800c\u6052\u751f\u6307\u6570\u5219\u53ea\u67098%\u3010\u56fe3\u3011\u3002\u5176\u5b9e\u4ece2019\u5e74\u7b2c\u4e00\u5b63\u5ea6\u8d77\uff0c\u6052\u751f\u6307\u6570\u5df2\u843d\u540e\u4e8e\u73af\u7403\u5927\u5e02\uff0c\u7a81\u663e\u51fa\u9999\u6e2f\u5185\u90e8\u4e89\u62d7\u548c\u793e\u4f1a\u52a8\u8361\u7684\u5f71\u54cd\u3002<\/p>\n<p>\u7ecf\u6d4e\u590d\u82cf\u7684\u66d9\u5149<\/p>\n<p>\u5927\u591a\u6570\u7ecf\u6d4e\u4f53\u9884\u671f\u8981\u52302021\u5e74\u4e2d\u540e\u671f\uff0c\u65b9\u80fd\u6062\u590d\u5230\u75ab\u524d\u7684\u5b9e\u8d28\u672c\u5730\u751f\u4ea7\u603b\u503c\u6c34\u5e73\uff0c\u5931\u4e1a\u7387\u5219\u7ef4\u6301\u5728\u5e73\u5747\u7ebf\u4e0a\u3002\u56e0\u6b64\uff0c\u5c3d\u7ba1\u5b9e\u65bd\u8fdb\u53d6\u7684\u523a\u6fc0\u63aa\u65bd\uff0c\u7ee7\u7eed\u6269\u5f20\uff0c\u4ea6\u4f1a\u5728\u8f83\u540e\u65f6\u95f4\u624d\u5448\u73b0\u901a\u80c0\u538b\u529b\u3002\u7ecf\u6d4e\u5408\u4f5c\u4e0e\u53d1\u5c55\u7ec4\u7ec7\u66fe\u9884\u6d4b\uff0c37\u4e2a\u53d1\u8fbe\u56fd\u5bb6\u57282020\u5e74\u5185\u7684\u7ecf\u6d4e\u6536\u7f29\u4e3a5.5%\uff0c\u5168\u7403\u7ecf\u6d4e\u589e\u957f\u5219\u4e0b\u8c034.2%\u3002\u8870\u9000\u56f0\u5883\u8fd1\u767e\u5e74\u4e00\u9047\uff0c\u4ee4\u4eba\u5fe7\u8651\u3002<\/p>\n<p>\u62dc\u767b\u653f\u5e9c\u4e0a\u573a\u521a\u8fc71\u4e2a\u6708\uff0c\u7f8e\u56fd\u80fd\u5426\u5728\u4e16\u754c\u7ecf\u6d4e\u91cd\u62fe\u9886\u519b\u5730\u4f4d\uff0c\u9a71\u52a8\u5404\u56fd\u8fc8\u5411\u7ecf\u6d4e\u590d\u82cf\uff0c\u4ecd\u662f\u672a\u77e5\u4e4b\u6570\u3002\u53cd\u89c2\u4e2d\u56fd\u56e0\u80fd\u6709\u6548\u63a7\u5236\u75ab\u60c5\uff0c\u751f\u4ea7\u529b\u548c\u7ecf\u6d4e\u6d3b\u52a8\u6062\u590d\u5f97\u6700\u5feb\u3002\u56fd\u5bb6\u7edf\u8ba1\u5c40\u516c\u5e03\u7684\u591a\u9879\u6570\u636e\u663e\u793a\uff0c2020\u5e74\u4e2d\u671f\u56fd\u5185\u7ecf\u6d4e\u5df2\u5448\u73b0V\u5f62\u53cd\u5f39\uff0c5\u6708\u4efd\u6d88\u8d39\u7269\u4ef7\u6307\u6570\u6309\u5e74\u4e0a\u6da82.4%\u3002\u52a0\u4e0a\u56fd\u5185\u56fd\u5916\u53cc\u5faa\u73af\u7684\u7ecf\u6d4e\u7b56\u7565\uff0c\u4e2d\u56fd\u7ecf\u6d4e\u53ef\u8c13\u4e00\u679d\u72ec\u79c0\uff0c\u6709\u671b\u5e26\u9886\u5168\u7403\u7ecf\u6d4e\u5411\u4e0a\u3002<\/p>\n<h5><strong>\u91cd\u91cd\u56f4\u56f0\u6709\u5f85\u7a81\u7834<\/strong><\/h5>\n<p>\u805a\u7126\u672c\u6e2f\uff0c\u6839\u636e\u7279\u533a\u653f\u5e9c\u7edf\u8ba1\u5904\u5728\u4e0a\u6708\u5e95\u53d1\u5e032020\u5e74\u7684\u672c\u5730\u751f\u4ea7\u603b\u503c\uff08GDP\uff09\u4f30\u8ba1\u6570\u5b57\uff0c\u7b2c\u56db\u5b63\u8f83\u4e0a\u5e74\u540c\u671f\u5b9e\u8d28\u4e0b\u8dcc3%\uff0c\u5168\u5e74GDP\u5219\u6309\u5e74\u5b9e\u8d28\u4e0b\u8dcc6.1%<a href=\"#\u6ce81\">\u3010\u6ce81\u3011<\/a>\u3002\u653f\u5e9c\u53bb\u5e74\u5148\u540e\u63a8\u51fa\u591a\u9879\u7ebe\u56f0\u63aa\u65bd\uff0c\u603b\u503c\u903e3000\u4ebf\u5143\uff0c\u4ee5\u81f4\u8d22\u653f\u50a8\u5907\u964d\u81f3\u7ea68000\u4ebf\u5143\uff0c\u76f8\u5f53\u4e8e\u653f\u5e9c13\u81f314\u4e2a\u6708\u7684\u7ecf\u5e38\u5f00\u652f\uff0c\u63a5\u8fd12003\u5e74\u300c\u6c99\u58eb\u300d\u540e\u7684\u6c34\u5e73\u3002\u9884\u6599\u8d22\u653f\u523a\u6fc0\u65b9\u6848\u5c06\u9010\u6b65\u64a4\u9664\uff1b\u4e3a\u51cf\u8f7b\u8d22\u653f\u538b\u529b\uff0c\u653f\u5e9c\u4ea6\u5e94\u8bbe\u6cd5\u5f00\u6e90\u3002<\/p>\n<p>\u6309\u7edf\u8ba1\u5904\u8d44\u6599\uff0c\u5931\u4e1a\u7387\u75312019\u5e7412\u6708\u76843.7%\u98d9\u5347\u81f32020\u5e74\u7b2c\u56db\u5b63\u76846.6%\uff0c\u5931\u4e1a\u4eba\u6570\u8d85\u8fc724\u4e07\uff1b2020\u5e7410\u6708\u81f32021\u5e741\u6708\uff0c\u5931\u4e1a\u7387\u66f4\u8fbe7%\uff0c\u5931\u4e1a\u4eba\u657025.3\u4e07\uff0c\u521b16\u5e74\u6765\u65b0\u9ad8\u3002\u52b3\u5de5\u53ca\u798f\u5229\u5c40\u5c40\u957f\u7f57\u81f4\u5149\u4f30\u8ba1\u672c\u5e74\u7b2c\u4e00\u5b63\u5931\u4e1a\u7387\u6216\u4f1a\u5347\u81f37.2%\u624d\u89c1\u9876\uff0c\u8fd9\u5c06\u4f4e\u4e8e2003\u5e748.5%\u7684\u9876\u5cf0\uff1b\u5931\u4e1a\u7387\u9884\u8ba1\u5728\u4e0b\u534a\u5e74\u7ecf\u6d4e\u597d\u8f6c\u540e\u624d\u4f1a\u56de\u843d\u3002<\/p>\n<p>\u53e6\u4e00\u65b9\u9762\uff0c\u8d2b\u7a77\u95ee\u9898\u6301\u7eed\u6076\u5316\u3002\u7edf\u8ba1\u5904\u6307\u51fa\uff0c2019\u5e74\u9999\u6e2f\u6574\u4f53\u7684\u8d2b\u7a77\u4eba\u53e3\u4e3a149\u4e07\uff0c\u6bd42018\u5e74\u589e\u52a0\u4e869\u4e07\uff0c\u8d2b\u7a77\u7387\u753120.4%\u5347\u81f321.4%\u3002\u7eb5\u4f7f\u8fd9\u6216\u4e0e\u4eba\u53e3\u9ad8\u9f84\u5316\u6709\u5173\uff0c\u4f462016\u81f32018\u5e74\u95f4\uff0c\u9752\u5e74\u8d2b\u7a77\u7387\u5374\u8fde\u7eed3\u5e74\u5f55\u5f97\u5347\u5e45\uff0c\u4e3a\u657090100\u4eba\uff0c\u5360\u603b\u8d2b\u7a77\u4eba\u53e38.8%\u3002<\/p>\n<h5><strong>\u65b0\u90e8\u7f72\u626d\u8f6c\u4e7e\u5764<\/strong><\/h5>\n<p>\u653e\u773c\u56fd\u9645\u793e\u4f1a\uff0c\u6b27\u7f8e\u653f\u5e9c\u7eb7\u7eb7\u5b9e\u65bd\u4f4e\u5229\u7387\u91cf\u5bbd\u653f\u7b56\uff0c\u4e0d\u6392\u9664\u4f1a\u4ea7\u751f\u8d44\u4ea7\u6ce1\u6cab\u7206\u7834\u800c\u89e6\u53d1\u91d1\u878d\u5371\u673a\uff0c\u52a0\u4e0a\u4fdd\u62a4\u4e3b\u4e49\u548c\u5355\u8fb9\u4e3b\u4e49\u4e58\u52bf\u5174\u8d77\uff0c\u56fd\u9645\u8d38\u6613\u548c\u6295\u8d44\u5927\u5e45\u840e\u7f29\uff0c\u5168\u7403\u7ecf\u6d4e\u3001\u79d1\u6280\u3001\u653f\u6cbb\u5747\u9762\u4e34\u5de8\u53d8\u3002<\/p>\n<p>\u73af\u7403\u7ecf\u6d4e\u77ed\u671f\u5185\u80fd\u5426\u907f\u514d\u8870\u9000\uff0c\u53d6\u51b3\u4e8e\u4ee5\u4e0b\u56e0\u7d20\uff1a\u75ab\u60c5\u7684\u51b2\u51fb\u4f1a\u5426\u6301\u7eed\u4e0b\u53bb\uff1f\u5404\u7ecf\u6d4e\u4f53\u80fd\u5426\u91cd\u5efa\u4f9b\u5e94\u94fe\u4ee5\u6539\u5584\u4e16\u754c\u8d38\u6613\uff1f\u75ab\u60c5\u4f1a\u5426\u7ed3\u6784\u6027\u524a\u5f31\u52b3\u5de5\u5e02\u573a\u6216\u5bf9\u7ecf\u6d4e\u9700\u6c42\u9020\u6210\u6c38\u4e45\u7ed3\u6784\u6027\u635f\u5931\uff1f<\/p>\n<p>\u5f53\u524d\u4e2d\u56fd\u7ecf\u6d4e\u5df2\u7531\u9ad8\u901f\u589e\u957f\u9636\u6bb5\u8f6c\u5411\u9ad8\u8d28\u91cf\u53d1\u5c55\u9636\u6bb5\uff0c\u5728\u56fd\u5185\u56fd\u9645\u53cc\u5faa\u73af\u7b56\u7565\u4e0b\uff0c\u9999\u6e2f\u7ecf\u6d4e\u590d\u82cf\u5219\u53d6\u51b3\u4e8e\u4ee5\u4e0b\u51e0\u4e2a\u56e0\u7d20\u3002\u5f53\u65b0\u51a0\u75ab\u82d7\u5e7f\u6cdb\u63a5\u79cd\u540e\uff0c\u9884\u671f\u7ecf\u6d4e\u53ef\u5feb\u901f\u6062\u590d\uff0c\u5e02\u6c11\u6d88\u8d39\u53ef\u671b\u5f39\u529b\u53cd\u5f39\u3002\u5065\u5eb7\u7801\u53ca\u68c0\u75ab\u63aa\u65bd\u82e5\u80fd\u5168\u9762\u843d\u5b9e\uff0c\u5219\u53ef\u671b\u5728\u7b2c\u4e8c\u5b63\u672b\u81f3\u7b2c\u4e09\u5b63\u521d\u4e0e\u5185\u5730\u91cd\u65b0\u901a\u5173\uff0c\u800c\u4ee4\u96f6\u552e\u53ca\u670d\u52a1\u884c\u4e1a\u590d\u82cf\u3002\u7ecf\u6d4e\u91cd\u62fe\u6b63\u8f68\u6709\u52a9\u7279\u533a\u653f\u5e9c\u89e3\u51b3\u8d2b\u5bcc\u60ac\u6b8a\u7b49\u8001\u5927\u96be\u95ee\u9898\uff0c\u6b63\u5982\u7b14\u8005\u5728\u672c\u680f\u4e3a\u6587\u5206\u6790<a href=\"#\u6ce82\">\u3010\u6ce82\u3011<\/a>\uff0c\u653f\u5e9c\u5fc5\u987b\u91cd\u5efa\u7f6e\u4e1a\u9636\u68af\uff0c\u4ee5\u6539\u5584\u793e\u4f1a\u4e0d\u5747\u73b0\u8c61\u3002<\/p>\n<p>\u7ecf\u5386\u4e24\u5e74\u6765\u5185\u5916\u4ea4\u56f0\uff0c\u867d\u7136\u5916\u8d44\u672a\u6709\u660e\u663e\u64a4\u79bb\u9999\u6e2f\u7684\u8ff9\u8c61\uff0c\u4f46\u897f\u65b9\u56fd\u5bb6\u4ee5\u81f3\u90bb\u56fd\u5982\u65b0\u52a0\u5761\uff0c\u5747\u9510\u610f\u5438\u7eb3\u9999\u6e2f\u7684\u4eba\u624d\u3001\u6280\u672f\u548c\u8d44\u91d1\u3002\u867d\u7136\u672c\u5730\u7684\u7b80\u5355\u4f4e\u7a0e\u5236\u3001\u81ea\u7531\u8425\u5546\u73af\u5883\u3001\u5b8c\u5584\u7684\u53f8\u6cd5\u5236\u5ea6\uff0c\u4ecd\u7136\u662f\u5438\u5f15\u5916\u8d44\u7559\u6e2f\u7684\u91cd\u8981\u5143\u7d20\uff0c\u4f46\u7279\u533a\u653f\u5e9c\u4e0d\u53ef\u6389\u4ee5\u8f7b\u5fc3\u3002\u8d44\u91d1\u80fd\u5426\u81ea\u7531\u8fdb\u51fa\uff0c\u4e5f\u662f\u5916\u6765\u6295\u8d44\u8005\u7684\u91cd\u8981\u8003\u8651\u56e0\u7d20\uff0c\u6bd5\u7adf\u56fd\u9645\u91d1\u878d\u4e2d\u5fc3\u5b9a\u4f4d\u53d6\u51b3\u4e8e\u300c\u4fe1\u5fc3\u300d\u4e8c\u5b57\u3002\u5982\u4f55\u5de9\u56fa\u8de8\u56fd\u4f01\u4e1a\u548c\u56fd\u9645\u6295\u8d44\u8005\u5bf9\u9999\u6e2f\u4f5c\u4e3a\u4e9a\u6d32\u56fd\u9645\u90fd\u4f1a\u7684\u4fe1\u5fc3\uff0c\u5b9e\u4e43\u7279\u533a\u653f\u5e9c\u5f53\u52a1\u4e4b\u6025\u3002<\/p>\n<p>&nbsp;<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-137775 \" src=\"https:\/\/www.hkubs.hku.hk\/wp-content\/uploads\/2021\/02\/Pic-2-2.png\" alt=\"\" width=\"721\" height=\"423\" srcset=\"https:\/\/www.hkubs.hku.hk\/wp-content\/uploads\/2021\/02\/Pic-2-2.png 1177w, https:\/\/www.hkubs.hku.hk\/wp-content\/uploads\/2021\/02\/Pic-2-2-300x176.png 300w, https:\/\/www.hkubs.hku.hk\/wp-content\/uploads\/2021\/02\/Pic-2-2-1024x601.png 1024w, https:\/\/www.hkubs.hku.hk\/wp-content\/uploads\/2021\/02\/Pic-2-2-768x451.png 768w\" sizes=\"(max-width: 721px) 100vw, 721px\" \/><\/p>\n<p>\u8d44\u6599\u6765\u6e90\uff1a<u><span><a href=\"https:\/\/fred.stlouisfed.org\/series\/DTWEXBGS\">Trade Weighted U.S. Dollar Index: Broad, Goods and Services (DTWEXBGS) | FRED | St. Louis Fed<\/a><\/span><\/u>\uff08\u68c0\u7d22\u4e8e<span>2021<\/span>\u5e74<span>2<\/span>\u6708<span>16<\/span>\u65e5\uff09<\/p>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" class=\"alignnone wp-image-137787 \" src=\"https:\/\/www.hkubs.hku.hk\/wp-content\/uploads\/2021\/02\/Pic-4-1.png\" alt=\"\" width=\"730\" height=\"448\" srcset=\"https:\/\/www.hkubs.hku.hk\/wp-content\/uploads\/2021\/02\/Pic-4-1.png 1126w, https:\/\/www.hkubs.hku.hk\/wp-content\/uploads\/2021\/02\/Pic-4-1-300x184.png 300w, https:\/\/www.hkubs.hku.hk\/wp-content\/uploads\/2021\/02\/Pic-4-1-1024x628.png 1024w, https:\/\/www.hkubs.hku.hk\/wp-content\/uploads\/2021\/02\/Pic-4-1-768x471.png 768w\" sizes=\"(max-width: 730px) 100vw, 730px\" \/><\/p>\n<p>\u8d44\u6599\u6765\u6e90\uff1a<span><a href=\"https:\/\/finance.yahoo.com\/quote\/%5EHSI?p=%5eHSI&amp;.tsrc=fin-srch\">^HSI 30,792.85 148.12 0.48% : HANG SENG INDEX &#8211; Yahoo Finance<\/a><\/span>\uff08\u68c0\u7d22\u4e8e<span>2021<\/span>\u5e74<span>2<\/span>\u6708<span>16<\/span>\u65e5\uff09<\/p>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" class=\"alignnone wp-image-137803 \" src=\"https:\/\/www.hkubs.hku.hk\/wp-content\/uploads\/2021\/02\/Pic-6-2.png\" alt=\"\" width=\"701\" height=\"376\" srcset=\"https:\/\/www.hkubs.hku.hk\/wp-content\/uploads\/2021\/02\/Pic-6-2.png 1310w, https:\/\/www.hkubs.hku.hk\/wp-content\/uploads\/2021\/02\/Pic-6-2-300x161.png 300w, https:\/\/www.hkubs.hku.hk\/wp-content\/uploads\/2021\/02\/Pic-6-2-1024x549.png 1024w, https:\/\/www.hkubs.hku.hk\/wp-content\/uploads\/2021\/02\/Pic-6-2-768x412.png 768w\" sizes=\"(max-width: 701px) 100vw, 701px\" \/><\/p>\n<p>\u8d44\u6599\u6765\u6e90\uff1a<span><a href=\"https:\/\/finance.yahoo.com\/quote\/%5EHSI?p=%5eHSI&amp;.tsrc=fin-srch\">Yahoo Finance &#8211; Stock Market Live, Quotes, Business &amp; Finance News<\/a><\/span>\uff08\u68c0\u7d22\u4e8e<span>2021<\/span>\u5e74<span>2<\/span>\u6708<span>16<\/span>\u65e5\uff09<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><a id=\"\u6ce81\" name=\"\u6ce81\"><\/a ><\/a >\u6ce81\uff1a <span><a href=\"https:\/\/gia.info.gov.hk\/general\/202101\/29\/P2021012900411_359762_1_1611906164416.pdf\">2020\u5e74\u7b2c\u56db\u5b63\u53ca\u5168\u5e74\u672c\u5730\u751f\u4ea7\u603b\u503c\u53ca\u9009\u5b9a\u4e3b\u8981\u5f00\u652f\u7ec4\u6210\u90e8\u5206\u7684\u9884\u5148\u4f30\u8ba1\u6570\u5b57\u6309\u5e74<\/a><\/span><\/p>\n<p><a id=\"\u6ce82\" name=\"\u6ce82\"><\/a ><\/a >\u6ce82\uff1a2020\u5e741\u670829\u65e5\u3008<a href=\"https:\/\/www.hkubs.hku.hk\/research\/thought-leadership\/hkej-column\/overcome-adversity-in-the-new-year\/\">\u65b0\u5e74\u65b0\u8c61 \u9006\u5883\u81ea\u5f3a<\/a>\u3009\uff0c2019\u5e7410\u670823\u65e5\u3008<a href=\"https:\/\/www.hkubs.hku.hk\/research\/thought-leadership\/opinions-and-speeches\/rebuilding-housing-ladder-to-narrow-the-wealth-gap\/\">\u91cd\u5efa\u7f6e\u4e1a\u9636\u68af \u6536\u7a84\u8d2b\u5bcc\u5dee\u8ddd<\/a>\u3009\uff0c\u8c22\u56fd\u751f\uff0c\u300a\u4fe1\u62a5\u300b<\/p>\n<p>&nbsp;<\/p>\n<p><strong>\u8c22\u56fd\u751f<\/strong> <strong>\u6e2f\u5927\u7ecf\u7ba1\u5b66\u9662\u91d1\u878d\u5b66\u9996\u5e2d\u8bb2\u5e08\u3001\u65b0\u754c\u4e61\u8bae\u5c40\u5f53\u7136\u6267\u884c\u59d4\u5458<\/strong><\/p>\n<p>\uff08\u672c\u6587\u540c\u65f6\u4e8e\u4e8c\u96f6\u4e8c\u4e00\u5e74\u4e8c\u6708\u4e8c\u5341\u56db\u65e5\u8f7d\u4e8e\u300a\u4fe1\u62a5\u300b\u300c\u9f99\u864e\u5c71\u4e0b\u300d\u4e13\u680f\u3002\uff09<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"featured_media":0,"template":"","meta":{"_lmt_disableupdate":"no","_lmt_disable":"","footnotes":""},"tags":[1619,1620],"class_list":["post-137720","thought-leadership","type-thought-leadership","status-publish","hentry","tag-1619","tag--sc","leadership-topic-categories-hkej-column-sc","in-the-media-topic-categories-faculty-sc"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.10 - aioseo.com -->\n\t<meta name=\"description\" content=\"\u51a0\u72b6\u75c5\u6bd2\u75c5\u75ab\u60c5\u521d\u671f\uff0c\u4e00\u4f17\u7ecf\u6d4e\u5b66\u5bb6\u9884\u6d4b\uff0c2020\u5e74\u5168\u7403\u5c06\u9677\u51651930\u5e74\u4ee3\u5927\u8427\u6761\u4ee5\u6765\u6700\u4e25\u91cd\u8870\u9000\uff0c\u4f46\u540e\u6765\u5219\u4fee\u8ba2\u4e3a\u4e0e2007\u81f32009\u5e74\u91d1\u878d\u6d77\u5578\u60c5\u51b5\u76f8\u82e5\u3002\u4f8b\u5982\u6839\u636e2020\u5e745\u6708\u300a\u534e\u5c14\u8857\u65e5\u62a5\u300b\u7684\u8c03\u67e5\uff0c\u7f8e\u56fd\u7ecf\u6d4e\u5b66\u5bb6\u666e\u904d\u9884\u6d4b\uff0c\u540c\u5e74\u7f8e\u56fd\u7ecf\u6d4e\u5c06\u6536\u7f296.6%\uff0c\u5c5e\u5927\u8427\u6761\u4ee5\u6765\u4e4b\u6700\uff1b\u8054\u90a6\u50a8\u5907\u5c40\u5b98\u5458\u968f\u4e8e6\u6708\u9884\u6d4b\uff0c\u6536\u7f29\u5e45\u5ea6\u4e3a6.5% \u3002 \u4f46\u52309\u6708\uff0c\u8054\u50a8\u5c40\u5219\u5c06\u7ecf\u6d4e\u6536\u7f29\u7387\u4e0b\u8c03\u81f33.7%\uff1b\u968f\u7740\u65b0\u51a0\u75ab\u82d7\u9646\u7eed\u9762\u4e16\u53ca\u7f8e\u56fd\u603b\u7edf\u5927\u9009\u5c18\u57c3\u843d\u5b9a\uff0c12\u6708\u518d\u6b21\u4fee\u8ba2\u6536\u7f29\u5e45\u5ea6\u4e3a2.4%\uff0c\u8fdc\u4f4e\u4e8e\u91d1\u878d\u6d77\u5578\u7ed3\u675f\u65f64.3%\u7684\u6c34\u5e73\u3002 12\u670827\u65e5\uff0c\u7f8e\u56fd\u56fd\u4f1a\u901a\u8fc72.3\u4e07\u4ebf\u7f8e\u5143\u7684\u300a\u65b0\u51a0\u75c5\u6bd2\u63f4\u52a9\u3001\u6551\u6d4e\u548c\u7ecf\u6d4e\u5b89\u5168\u6cd5\u6848\u300b\uff0c\u63d0\u4f9b9000\u4ebf\u7f8e\u5143\u523a\u6fc0\u6027\u63f4\u52a9\uff0c\u540c\u65f6\u4e3a\u622a\u81f32021\u5e749\u670830\u65e5\u4e3a\u6b62\u8054\u90a6\u653f\u5e9c\u8d22\u653f\u5e74\u5ea6\u63d0\u4f9b1.4\u4e07\u4ebf\u7f8e\u5143\u8d44\u91d1\u3002\u4e8b\u5b9e\u4e0a\uff0c\u5168\u7403\u591a\u56fd\u53bb\u5e74\u90fd\u91c7\u53d6\u4e86\u76f8\u7c7b\u7684\u6269\u5f20\u6027\u8d22\u653f\u653f\u7b56\uff0c\u9884\u8ba1\u6709\u5173\u653f\u7b56\u65b9\u5411\u57282021\u5e74\u4ecd\u4f1a\u6301\u7eed\u3002 \u56fd\u9645\u8d27\u5e01\u4e0e\u8d38\u6613 2021\u5e74\u4f0a\u59cb\uff0c\u56fd\u9645\u8d27\u5e01\u57fa\u91d1\u7ec4\u7ec7\u53d1\u5e03\u7684\u6700\u65b0\u4e00\u671f\u300a\u4e16\u754c\u7ecf\u6d4e\u5c55\u671b\u300b\uff0c\u9884\u6d4b\u672c\u5e74\u73af\u7403\u7ecf\u6d4e\u589e\u957f\u4e3a5.5%\uff0c\u8f83\u53bb\u5e7410\u6708\u9884\u6d4b\u4e0a\u8c030.3\u4e2a\u767e\u5206\u70b9\u3002\u523a\u6fc0\u589e\u957f\u63aa\u65bd\u56fa\u7136\u91cd\u8981\uff0c\u4f46\u5982\u8981\u590d\u82cf\u7a33\u5065\uff0c\u8fd8\u987b\u7ba1\u7406\u597d\u75ab\u60c5\uff0c\u5e76\u6709\u8d56\u56fd\u9645\u8d38\u6613\u5468\u671f\u53cd\u5f39\u7684\u52a9\u529b\u3002 \u81ea2020\u5e743\u6708\u4e2d\u81f3\u5e74\u7ec8\uff0c\u7f8e\u5143\u5bf9\u4e00\u7bee\u5b50\u8d38\u6613\u52a0\u6743\u8d27\u5e01\u7684\u6c47\u7387\u4ece117\u4e0b\u8dcc\u81f3102.6\uff0c\u77ed\u77ed8\u4e2a\u6708\u95f4\u8dcc\u5e45\u8d85\u8fc712%\uff0c\u5904\u4e8e\u8fc7\u53bb\u4e24\u5e74\u591a\u7684\u6700\u4f4e\u6c34\u5e73\u3010\u56fe1\u3011\u3002\u7f8e\u5143\u4e0e\u4e3b\u8981\u8d27\u5e01\u7684\u5229\u7387\u5dee\u5f02\u5728\u75ab\u60c5\u671f\u95f4\u4e5f\u5927\u5e45\u7f29\u5c0f\u3002 \u7f8e\u5143\u8d70\u5f31\u867d\u53ef\u63d0\u5347\u7f8e\u56fd\u51fa\u53e3\u7684\u7ade\u4e89\u529b\uff0c\u4f46\u540c\u65f6\u4f1a\u56e0\u8fdb\u53e3\u5546\u54c1\u8f83\u6602\u8d35\u800c\u8f93\u5165\u901a\u80c0\u3002\u7f8e\u5143\u6301\u7eed\u8d70\u5f31\u7684\u56e0\u7d20\u4e0d\u5916\u4e09\u9879\uff1a\u7b2c\u4e00\uff0c\u6709\u6548\u75ab\u82d7\u9762\u4e16\u5e76\u5728\u5404\u56fd\u5e7f\u6cdb\u63a5\u79cd\uff0c\u6709\u52a9\u51cf\u8f7b\u75ab\u707e\u5bf9\u7ecf\u6d4e\u9020\u6210\u7684\u4e0d\u786e\u5b9a\u6027\u53ca\u98ce\u9669\uff0c\u800c\u7f8e\u5143\u4f5c\u4e3a\u907f\u9669\u8d27\u5e01\u7684\u4f5c\u7528\u51cf\u4f4e\uff0c\u5219\u5bfc\u81f4\u7f8e\u5143\u9700\u6c42\u4e0b\u8dcc\u3002\u7b2c\u4e8c\uff0c\u7f8e\u56fd\u9488\u5bf9\u516c\u5171\u536b\u751f\u5371\u673a\u53ca\u7ecf\u6d4e\u8870\u9000\u63d0\u4f9b\u4e86\u975e\u5e38\u79ef\u6781\u7684\u6269\u5f20\u6027\u8d27\u5e01\u53ca\u8d22\u653f\u5f00\u652f\u653f\u7b56\uff0c\u5927\u5927\u589e\u52a0\u4e86\u8d27\u5e01\u4f9b\u5e94\u3002\u7b2c\u4e09\uff0c\u7f8e\u56fd\u4ecd\u53d7\u8d22\u653f\u9884\u7b97\u548c\u8d38\u6613\u7684\u53cc\u91cd\u8d64\u5b57\u56f0\u6270\u3002 \u56e0\u6b64\uff0c\u9884\u671f\u7f8e\u5143\u4eca\u5e74\u5c06\u7ee7\u7eed\u504f\u8f6f\uff0c\u5bf9\u8be5\u56fd\u7ecf\u6d4e\u6765\u8bf4\u65e0\u7591\u662f\u4e00\u9879\u5229\u597d\u56e0\u7d20\uff0c\u5bf9\u5168\u7403\u7ecf\u6d4e\u4e5f\u6709\u79ef\u6781\u4f5c\u7528\u3002\u539f\u56e0\u662f\u591a\u6570\u5927\u5b97\u5546\u54c1\uff08\u5982\u77f3\u6cb9\uff09\u4ee5\u7f8e\u5143\u8ba1\u4ef7\uff0c\u7f8e\u5143\u8d70\u5f31\u5c06\u4f7f\u4e00\u4e9b\u5546\u54c1\u4ef7\u683c\u4e0b\u964d\u3002\u6b64\u5916\uff0c\u5168\u7403\u5c24\u5176\u662f\u65b0\u5174\u7ecf\u6d4e\u4f53\u7684\u503a\u52a1\uff0c\u7531\u4e8e\u5927\u90e8\u5206\u4ee5\u7f8e\u5143\u501f\u5165\uff0c\u507f\u8fd8\u503a\u52a1\u6210\u672c\u4e5f\u4f1a\u968f\u4e4b\u964d\u4f4e\u3002 \u75ab\u4e0b\u5404\u5927\u80a1\u5e02\u8868\u73b0 \u53bb\u5e74\u6295\u8d44\u5e02\u573a\u51fa\u73b0\u4e00\u4e2a\u6709\u8da3\u73b0\u8c61\uff0c\u5c31\u662f\u5404\u56fd\u7ecf\u6d4e\u56e0\u75ab\u60c5\u800c\u840e\u7f29\u4e4b\u9645\uff0c\u80a1\u7968\u5e02\u573a\u53cd\u800c\u6301\u7eed\u4e0a\u626c\u3002\u89c2\u4e4e\u80a1\u5e02\u4e3b\u8981\u53cd\u6620\u9884\u671f\u4e2d\u7684\u7ecf\u6d4e\u8868\u73b0\uff0c\u77ed\u671f\u800c\u8a00\uff0c\u4e0e\u7ecf\u6d4e\u5b9e\u51b5\u7684\u76f8\u5173\u6027\u5374\u751a\u4f4e\u3002\u4ee5\u6052\u751f\u6307\u6570\u548c\u9999\u6e2f\u7279\u533a\u7ecf\u6d4e\u4e3a\u4f8b\uff0c\u4ece\u3010\u56fe2\u3011\u53ef\u89c1\u4e24\u8005\u572830\u5e74\u7684\u76f8\u5173\u6027\u4e00\u76f4\u5e76\u4e0d\u7a33\u5b9a\u3002 2021\u5e742\u6708\u521d\uff0c\u5404\u5927\u80a1\u5e02\u8868\u73b0\u5df2\u80dc\u8fc7\u53bb\u5e741\u6708\u51a0\u72b6\u75c5\u6bd2\u75c5\u5c1a\u672a\u8513\u5ef6\u5168\u7403\u4e4b\u65f6\u3002\u4ece2019\u5e741\u6708\u81f32021\u5e741\u6708\uff0c\u6807\u666e500\u6307\u6570\u7684\u4e24\u5e74\u56de\u62a5\u662f46%\uff0c\u65e5\u7ecf\u6307\u6570\u4e3a42%\uff0c\u4e0a\u8bc1\u6307\u6570\u4e3a41%\uff0c\u5fb7\u56fdDAX\u4e3a26%\uff0c\u800c\u6052\u751f\u6307\u6570\u5219\u53ea\u67098%\u3010\u56fe3\u3011\u3002\u5176\u5b9e\u4ece2019\u5e74\u7b2c\u4e00\u5b63\u5ea6\u8d77\uff0c\u6052\u751f\u6307\u6570\u5df2\u843d\u540e\u4e8e\u73af\u7403\u5927\u5e02\uff0c\u7a81\u663e\u51fa\u9999\u6e2f\u5185\u90e8\u4e89\u62d7\u548c\u793e\u4f1a\u52a8\u8361\u7684\u5f71\u54cd\u3002 \u7ecf\u6d4e\u590d\u82cf\u7684\u66d9\u5149 \u5927\u591a\u6570\u7ecf\u6d4e\u4f53\u9884\u671f\u8981\u52302021\u5e74\u4e2d\u540e\u671f\uff0c\u65b9\u80fd\u6062\u590d\u5230\u75ab\u524d\u7684\u5b9e\u8d28\u672c\u5730\u751f\u4ea7\u603b\u503c\u6c34\u5e73\uff0c\u5931\u4e1a\u7387\u5219\u7ef4\u6301\u5728\u5e73\u5747\u7ebf\u4e0a\u3002\u56e0\u6b64\uff0c\u5c3d\u7ba1\u5b9e\u65bd\u8fdb\u53d6\u7684\u523a\u6fc0\u63aa\u65bd\uff0c\u7ee7\u7eed\u6269\u5f20\uff0c\u4ea6\u4f1a\u5728\u8f83\u540e\u65f6\u95f4\u624d\u5448\u73b0\u901a\u80c0\u538b\u529b\u3002\u7ecf\u6d4e\u5408\u4f5c\u4e0e\u53d1\u5c55\u7ec4\u7ec7\u66fe\u9884\u6d4b\uff0c37\u4e2a\u53d1\u8fbe\u56fd\u5bb6\u57282020\u5e74\u5185\u7684\u7ecf\u6d4e\u6536\u7f29\u4e3a5.5%\uff0c\u5168\u7403\u7ecf\u6d4e\u589e\u957f\u5219\u4e0b\u8c034.2%\u3002\u8870\u9000\u56f0\u5883\u8fd1\u767e\u5e74\u4e00\u9047\uff0c\u4ee4\u4eba\u5fe7\u8651\u3002 \u62dc\u767b\u653f\u5e9c\u4e0a\u573a\u521a\u8fc71\u4e2a\u6708\uff0c\u7f8e\u56fd\u80fd\u5426\u5728\u4e16\u754c\u7ecf\u6d4e\u91cd\u62fe\u9886\u519b\u5730\u4f4d\uff0c\u9a71\u52a8\u5404\u56fd\u8fc8\u5411\u7ecf\u6d4e\u590d\u82cf\uff0c\u4ecd\u662f\u672a\u77e5\u4e4b\u6570\u3002\u53cd\u89c2\u4e2d\u56fd\u56e0\u80fd\u6709\u6548\u63a7\u5236\u75ab\u60c5\uff0c\u751f\u4ea7\u529b\u548c\u7ecf\u6d4e\u6d3b\u52a8\u6062\u590d\u5f97\u6700\u5feb\u3002\u56fd\u5bb6\u7edf\u8ba1\u5c40\u516c\u5e03\u7684\u591a\u9879\u6570\u636e\u663e\u793a\uff0c2020\u5e74\u4e2d\u671f\u56fd\u5185\u7ecf\u6d4e\u5df2\u5448\u73b0V\u5f62\u53cd\u5f39\uff0c5\u6708\u4efd\u6d88\u8d39\u7269\u4ef7\u6307\u6570\u6309\u5e74\u4e0a\u6da82.4%\u3002\u52a0\u4e0a\u56fd\u5185\u56fd\u5916\u53cc\u5faa\u73af\u7684\u7ecf\u6d4e\u7b56\u7565\uff0c\u4e2d\u56fd\u7ecf\u6d4e\u53ef\u8c13\u4e00\u679d\u72ec\u79c0\uff0c\u6709\u671b\u5e26\u9886\u5168\u7403\u7ecf\u6d4e\u5411\u4e0a\u3002 \u91cd\u91cd\u56f4\u56f0\u6709\u5f85\u7a81\u7834 \u805a\u7126\u672c\u6e2f\uff0c\u6839\u636e\u7279\u533a\u653f\u5e9c\u7edf\u8ba1\u5904\u5728\u4e0a\u6708\u5e95\u53d1\u5e032020\u5e74\u7684\u672c\u5730\u751f\u4ea7\u603b\u503c\uff08GDP\uff09\u4f30\u8ba1\u6570\u5b57\uff0c\u7b2c\u56db\u5b63\u8f83\u4e0a\u5e74\u540c\u671f\u5b9e\u8d28\u4e0b\u8dcc3%\uff0c\u5168\u5e74GDP\u5219\u6309\u5e74\u5b9e\u8d28\u4e0b\u8dcc6.1%\u3010\u6ce81\u3011\u3002\u653f\u5e9c\u53bb\u5e74\u5148\u540e\u63a8\u51fa\u591a\u9879\u7ebe\u56f0\u63aa\u65bd\uff0c\u603b\u503c\u903e3000\u4ebf\u5143\uff0c\u4ee5\u81f4\u8d22\u653f\u50a8\u5907\u964d\u81f3\u7ea68000\u4ebf\u5143\uff0c\u76f8\u5f53\u4e8e\u653f\u5e9c13\u81f314\u4e2a\u6708\u7684\u7ecf\u5e38\u5f00\u652f\uff0c\u63a5\u8fd12003\u5e74\u300c\u6c99\u58eb\u300d\u540e\u7684\u6c34\u5e73\u3002\u9884\u6599\u8d22\u653f\u523a\u6fc0\u65b9\u6848\u5c06\u9010\u6b65\u64a4\u9664\uff1b\u4e3a\u51cf\u8f7b\u8d22\u653f\u538b\u529b\uff0c\u653f\u5e9c\u4ea6\u5e94\u8bbe\u6cd5\u5f00\u6e90\u3002 \u6309\u7edf\u8ba1\u5904\u8d44\u6599\uff0c\u5931\u4e1a\u7387\u75312019\u5e7412\u6708\u76843.7%\u98d9\u5347\u81f32020\u5e74\u7b2c\u56db\u5b63\u76846.6%\uff0c\u5931\u4e1a\u4eba\u6570\u8d85\u8fc724\u4e07\uff1b2020\u5e7410\u6708\u81f32021\u5e741\u6708\uff0c\u5931\u4e1a\u7387\u66f4\u8fbe7%\uff0c\u5931\u4e1a\u4eba\u657025.3\u4e07\uff0c\u521b16\u5e74\u6765\u65b0\u9ad8\u3002\u52b3\u5de5\u53ca\u798f\u5229\u5c40\u5c40\u957f\u7f57\u81f4\u5149\u4f30\u8ba1\u672c\u5e74\u7b2c\u4e00\u5b63\u5931\u4e1a\u7387\u6216\u4f1a\u5347\u81f37.2%\u624d\u89c1\u9876\uff0c\u8fd9\u5c06\u4f4e\u4e8e2003\u5e748.5%\u7684\u9876\u5cf0\uff1b\u5931\u4e1a\u7387\u9884\u8ba1\u5728\u4e0b\u534a\u5e74\u7ecf\u6d4e\u597d\u8f6c\u540e\u624d\u4f1a\u56de\u843d\u3002 \u53e6\u4e00\u65b9\u9762\uff0c\u8d2b\u7a77\u95ee\u9898\u6301\u7eed\u6076\u5316\u3002\u7edf\u8ba1\u5904\u6307\u51fa\uff0c2019\u5e74\u9999\u6e2f\u6574\u4f53\u7684\u8d2b\u7a77\u4eba\u53e3\u4e3a149\u4e07\uff0c\u6bd42018\u5e74\u589e\u52a0\u4e869\u4e07\uff0c\u8d2b\u7a77\u7387\u753120.4%\u5347\u81f321.4%\u3002\u7eb5\u4f7f\u8fd9\u6216\u4e0e\u4eba\u53e3\u9ad8\u9f84\u5316\u6709\u5173\uff0c\u4f462016\u81f32018\u5e74\u95f4\uff0c\u9752\u5e74\u8d2b\u7a77\u7387\u5374\u8fde\u7eed3\u5e74\u5f55\u5f97\u5347\u5e45\uff0c\u4e3a\u657090100\u4eba\uff0c\u5360\u603b\u8d2b\u7a77\u4eba\u53e38.8%\u3002 \u65b0\u90e8\u7f72\u626d\u8f6c\u4e7e\u5764 \u653e\u773c\u56fd\u9645\u793e\u4f1a\uff0c\u6b27\u7f8e\u653f\u5e9c\u7eb7\u7eb7\u5b9e\u65bd\u4f4e\u5229\u7387\u91cf\u5bbd\u653f\u7b56\uff0c\u4e0d\u6392\u9664\u4f1a\u4ea7\u751f\u8d44\u4ea7\u6ce1\u6cab\u7206\u7834\u800c\u89e6\u53d1\u91d1\u878d\u5371\u673a\uff0c\u52a0\u4e0a\u4fdd\u62a4\u4e3b\u4e49\u548c\u5355\u8fb9\u4e3b\u4e49\u4e58\u52bf\u5174\u8d77\uff0c\u56fd\u9645\u8d38\u6613\u548c\u6295\u8d44\u5927\u5e45\u840e\u7f29\uff0c\u5168\u7403\u7ecf\u6d4e\u3001\u79d1\u6280\u3001\u653f\u6cbb\u5747\u9762\u4e34\u5de8\u53d8\u3002 \u73af\u7403\u7ecf\u6d4e\u77ed\u671f\u5185\u80fd\u5426\u907f\u514d\u8870\u9000\uff0c\u53d6\u51b3\u4e8e\u4ee5\u4e0b\u56e0\u7d20\uff1a\u75ab\u60c5\u7684\u51b2\u51fb\u4f1a\u5426\u6301\u7eed\u4e0b\u53bb\uff1f\u5404\u7ecf\u6d4e\u4f53\u80fd\u5426\u91cd\u5efa\u4f9b\u5e94\u94fe\u4ee5\u6539\u5584\u4e16\u754c\u8d38\u6613\uff1f\u75ab\u60c5\u4f1a\u5426\u7ed3\u6784\u6027\u524a\u5f31\u52b3\u5de5\u5e02\u573a\u6216\u5bf9\u7ecf\u6d4e\u9700\u6c42\u9020\u6210\u6c38\u4e45\u7ed3\u6784\u6027\u635f\u5931\uff1f \u5f53\u524d\u4e2d\u56fd\u7ecf\u6d4e\u5df2\u7531\u9ad8\u901f\u589e\u957f\u9636\u6bb5\u8f6c\u5411\u9ad8\u8d28\u91cf\u53d1\u5c55\u9636\u6bb5\uff0c\u5728\u56fd\u5185\u56fd\u9645\u53cc\u5faa\u73af\u7b56\u7565\u4e0b\uff0c\u9999\u6e2f\u7ecf\u6d4e\u590d\u82cf\u5219\u53d6\u51b3\u4e8e\u4ee5\u4e0b\u51e0\u4e2a\u56e0\u7d20\u3002\u5f53\u65b0\u51a0\u75ab\u82d7\u5e7f\u6cdb\u63a5\u79cd\u540e\uff0c\u9884\u671f\u7ecf\u6d4e\u53ef\u5feb\u901f\u6062\u590d\uff0c\u5e02\u6c11\u6d88\u8d39\u53ef\u671b\u5f39\u529b\u53cd\u5f39\u3002\u5065\u5eb7\u7801\u53ca\u68c0\u75ab\u63aa\u65bd\u82e5\u80fd\u5168\u9762\u843d\u5b9e\uff0c\u5219\u53ef\u671b\u5728\u7b2c\u4e8c\u5b63\u672b\u81f3\u7b2c\u4e09\u5b63\u521d\u4e0e\u5185\u5730\u91cd\u65b0\u901a\u5173\uff0c\u800c\u4ee4\u96f6\u552e\u53ca\u670d\u52a1\u884c\u4e1a\u590d\u82cf\u3002\u7ecf\u6d4e\u91cd\u62fe\u6b63\u8f68\u6709\u52a9\u7279\u533a\u653f\u5e9c\u89e3\u51b3\u8d2b\u5bcc\u60ac\u6b8a\u7b49\u8001\u5927\u96be\u95ee\u9898\uff0c\u6b63\u5982\u7b14\u8005\u5728\u672c\u680f\u4e3a\u6587\u5206\u6790\u3010\u6ce82\u3011\uff0c\u653f\u5e9c\u5fc5\u987b\u91cd\u5efa\u7f6e\u4e1a\u9636\u68af\uff0c\u4ee5\u6539\u5584\u793e\u4f1a\u4e0d\u5747\u73b0\u8c61\u3002 \u7ecf\u5386\u4e24\u5e74\u6765\u5185\u5916\u4ea4\u56f0\uff0c\u867d\u7136\u5916\u8d44\u672a\u6709\u660e\u663e\u64a4\u79bb\u9999\u6e2f\u7684\u8ff9\u8c61\uff0c\u4f46\u897f\u65b9\u56fd\u5bb6\u4ee5\u81f3\u90bb\u56fd\u5982\u65b0\u52a0\u5761\uff0c\u5747\u9510\u610f\u5438\u7eb3\u9999\u6e2f\u7684\u4eba\u624d\u3001\u6280\u672f\u548c\u8d44\u91d1\u3002\u867d\u7136\u672c\u5730\u7684\u7b80\u5355\u4f4e\u7a0e\u5236\u3001\u81ea\u7531\u8425\u5546\u73af\u5883\u3001\u5b8c\u5584\u7684\u53f8\u6cd5\u5236\u5ea6\uff0c\u4ecd\u7136\u662f\u5438\u5f15\u5916\u8d44\u7559\u6e2f\u7684\u91cd\u8981\u5143\u7d20\uff0c\u4f46\u7279\u533a\u653f\u5e9c\u4e0d\u53ef\u6389\u4ee5\u8f7b\u5fc3\u3002\u8d44\u91d1\u80fd\u5426\u81ea\u7531\u8fdb\u51fa\uff0c\u4e5f\u662f\u5916\u6765\u6295\u8d44\u8005\u7684\u91cd\u8981\u8003\u8651\u56e0\u7d20\uff0c\u6bd5\u7adf\u56fd\u9645\u91d1\u878d\u4e2d\u5fc3\u5b9a\u4f4d\u53d6\u51b3\u4e8e\u300c\u4fe1\u5fc3\u300d\u4e8c\u5b57\u3002\u5982\u4f55\u5de9\u56fa\u8de8\u56fd\u4f01\u4e1a\u548c\u56fd\u9645\u6295\u8d44\u8005\u5bf9\u9999\u6e2f\u4f5c\u4e3a\u4e9a\u6d32\u56fd\u9645\u90fd\u4f1a\u7684\u4fe1\u5fc3\uff0c\u5b9e\u4e43\u7279\u533a\u653f\u5e9c\u5f53\u52a1\u4e4b\u6025\u3002 \u8d44\u6599\u6765\u6e90\uff1aTrade Weighted U.S. Dollar Index: Broad, Goods and Services (DTWEXBGS) | FRED | St. Louis Fed\uff08\u68c0\u7d22\u4e8e2021\u5e742\u670816\u65e5\uff09 \u8d44\u6599\u6765\u6e90\uff1a^HSI 30,792.85 148.12 0.48% : HANG SENG INDEX - Yahoo Finance\uff08\u68c0\u7d22\u4e8e2021\u5e742\u670816\u65e5\uff09 \u8d44\u6599\u6765\u6e90\uff1aYahoo\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"google-site-verification\" content=\"google-site-verification=MjdkluDgHpNk2vz5slbwER2Gusw2rUDQuVULMERWzLo\" \/>\n\t<link rel=\"canonical\" href=\"https:\/\/www.hkubs.hku.hk\/sc\/research\/thought-leadership\/hkej-column\/to-rejuvenate-the-hong-kong-economy-2021\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 4.9.10\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"HKU Business School -\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"\u4e00\u5e74\u4e4b\u8ba1 \u590d\u5174\u7ecf\u6d4e - HKU Business School\" \/>\n\t\t<meta property=\"og:description\" content=\"\u51a0\u72b6\u75c5\u6bd2\u75c5\u75ab\u60c5\u521d\u671f\uff0c\u4e00\u4f17\u7ecf\u6d4e\u5b66\u5bb6\u9884\u6d4b\uff0c2020\u5e74\u5168\u7403\u5c06\u9677\u51651930\u5e74\u4ee3\u5927\u8427\u6761\u4ee5\u6765\u6700\u4e25\u91cd\u8870\u9000\uff0c\u4f46\u540e\u6765\u5219\u4fee\u8ba2\u4e3a\u4e0e2007\u81f32009\u5e74\u91d1\u878d\u6d77\u5578\u60c5\u51b5\u76f8\u82e5\u3002\u4f8b\u5982\u6839\u636e2020\u5e745\u6708\u300a\u534e\u5c14\u8857\u65e5\u62a5\u300b\u7684\u8c03\u67e5\uff0c\u7f8e\u56fd\u7ecf\u6d4e\u5b66\u5bb6\u666e\u904d\u9884\u6d4b\uff0c\u540c\u5e74\u7f8e\u56fd\u7ecf\u6d4e\u5c06\u6536\u7f296.6%\uff0c\u5c5e\u5927\u8427\u6761\u4ee5\u6765\u4e4b\u6700\uff1b\u8054\u90a6\u50a8\u5907\u5c40\u5b98\u5458\u968f\u4e8e6\u6708\u9884\u6d4b\uff0c\u6536\u7f29\u5e45\u5ea6\u4e3a6.5% \u3002 \u4f46\u52309\u6708\uff0c\u8054\u50a8\u5c40\u5219\u5c06\u7ecf\u6d4e\u6536\u7f29\u7387\u4e0b\u8c03\u81f33.7%\uff1b\u968f\u7740\u65b0\u51a0\u75ab\u82d7\u9646\u7eed\u9762\u4e16\u53ca\u7f8e\u56fd\u603b\u7edf\u5927\u9009\u5c18\u57c3\u843d\u5b9a\uff0c12\u6708\u518d\u6b21\u4fee\u8ba2\u6536\u7f29\u5e45\u5ea6\u4e3a2.4%\uff0c\u8fdc\u4f4e\u4e8e\u91d1\u878d\u6d77\u5578\u7ed3\u675f\u65f64.3%\u7684\u6c34\u5e73\u3002 12\u670827\u65e5\uff0c\u7f8e\u56fd\u56fd\u4f1a\u901a\u8fc72.3\u4e07\u4ebf\u7f8e\u5143\u7684\u300a\u65b0\u51a0\u75c5\u6bd2\u63f4\u52a9\u3001\u6551\u6d4e\u548c\u7ecf\u6d4e\u5b89\u5168\u6cd5\u6848\u300b\uff0c\u63d0\u4f9b9000\u4ebf\u7f8e\u5143\u523a\u6fc0\u6027\u63f4\u52a9\uff0c\u540c\u65f6\u4e3a\u622a\u81f32021\u5e749\u670830\u65e5\u4e3a\u6b62\u8054\u90a6\u653f\u5e9c\u8d22\u653f\u5e74\u5ea6\u63d0\u4f9b1.4\u4e07\u4ebf\u7f8e\u5143\u8d44\u91d1\u3002\u4e8b\u5b9e\u4e0a\uff0c\u5168\u7403\u591a\u56fd\u53bb\u5e74\u90fd\u91c7\u53d6\u4e86\u76f8\u7c7b\u7684\u6269\u5f20\u6027\u8d22\u653f\u653f\u7b56\uff0c\u9884\u8ba1\u6709\u5173\u653f\u7b56\u65b9\u5411\u57282021\u5e74\u4ecd\u4f1a\u6301\u7eed\u3002 \u56fd\u9645\u8d27\u5e01\u4e0e\u8d38\u6613 2021\u5e74\u4f0a\u59cb\uff0c\u56fd\u9645\u8d27\u5e01\u57fa\u91d1\u7ec4\u7ec7\u53d1\u5e03\u7684\u6700\u65b0\u4e00\u671f\u300a\u4e16\u754c\u7ecf\u6d4e\u5c55\u671b\u300b\uff0c\u9884\u6d4b\u672c\u5e74\u73af\u7403\u7ecf\u6d4e\u589e\u957f\u4e3a5.5%\uff0c\u8f83\u53bb\u5e7410\u6708\u9884\u6d4b\u4e0a\u8c030.3\u4e2a\u767e\u5206\u70b9\u3002\u523a\u6fc0\u589e\u957f\u63aa\u65bd\u56fa\u7136\u91cd\u8981\uff0c\u4f46\u5982\u8981\u590d\u82cf\u7a33\u5065\uff0c\u8fd8\u987b\u7ba1\u7406\u597d\u75ab\u60c5\uff0c\u5e76\u6709\u8d56\u56fd\u9645\u8d38\u6613\u5468\u671f\u53cd\u5f39\u7684\u52a9\u529b\u3002 \u81ea2020\u5e743\u6708\u4e2d\u81f3\u5e74\u7ec8\uff0c\u7f8e\u5143\u5bf9\u4e00\u7bee\u5b50\u8d38\u6613\u52a0\u6743\u8d27\u5e01\u7684\u6c47\u7387\u4ece117\u4e0b\u8dcc\u81f3102.6\uff0c\u77ed\u77ed8\u4e2a\u6708\u95f4\u8dcc\u5e45\u8d85\u8fc712%\uff0c\u5904\u4e8e\u8fc7\u53bb\u4e24\u5e74\u591a\u7684\u6700\u4f4e\u6c34\u5e73\u3010\u56fe1\u3011\u3002\u7f8e\u5143\u4e0e\u4e3b\u8981\u8d27\u5e01\u7684\u5229\u7387\u5dee\u5f02\u5728\u75ab\u60c5\u671f\u95f4\u4e5f\u5927\u5e45\u7f29\u5c0f\u3002 \u7f8e\u5143\u8d70\u5f31\u867d\u53ef\u63d0\u5347\u7f8e\u56fd\u51fa\u53e3\u7684\u7ade\u4e89\u529b\uff0c\u4f46\u540c\u65f6\u4f1a\u56e0\u8fdb\u53e3\u5546\u54c1\u8f83\u6602\u8d35\u800c\u8f93\u5165\u901a\u80c0\u3002\u7f8e\u5143\u6301\u7eed\u8d70\u5f31\u7684\u56e0\u7d20\u4e0d\u5916\u4e09\u9879\uff1a\u7b2c\u4e00\uff0c\u6709\u6548\u75ab\u82d7\u9762\u4e16\u5e76\u5728\u5404\u56fd\u5e7f\u6cdb\u63a5\u79cd\uff0c\u6709\u52a9\u51cf\u8f7b\u75ab\u707e\u5bf9\u7ecf\u6d4e\u9020\u6210\u7684\u4e0d\u786e\u5b9a\u6027\u53ca\u98ce\u9669\uff0c\u800c\u7f8e\u5143\u4f5c\u4e3a\u907f\u9669\u8d27\u5e01\u7684\u4f5c\u7528\u51cf\u4f4e\uff0c\u5219\u5bfc\u81f4\u7f8e\u5143\u9700\u6c42\u4e0b\u8dcc\u3002\u7b2c\u4e8c\uff0c\u7f8e\u56fd\u9488\u5bf9\u516c\u5171\u536b\u751f\u5371\u673a\u53ca\u7ecf\u6d4e\u8870\u9000\u63d0\u4f9b\u4e86\u975e\u5e38\u79ef\u6781\u7684\u6269\u5f20\u6027\u8d27\u5e01\u53ca\u8d22\u653f\u5f00\u652f\u653f\u7b56\uff0c\u5927\u5927\u589e\u52a0\u4e86\u8d27\u5e01\u4f9b\u5e94\u3002\u7b2c\u4e09\uff0c\u7f8e\u56fd\u4ecd\u53d7\u8d22\u653f\u9884\u7b97\u548c\u8d38\u6613\u7684\u53cc\u91cd\u8d64\u5b57\u56f0\u6270\u3002 \u56e0\u6b64\uff0c\u9884\u671f\u7f8e\u5143\u4eca\u5e74\u5c06\u7ee7\u7eed\u504f\u8f6f\uff0c\u5bf9\u8be5\u56fd\u7ecf\u6d4e\u6765\u8bf4\u65e0\u7591\u662f\u4e00\u9879\u5229\u597d\u56e0\u7d20\uff0c\u5bf9\u5168\u7403\u7ecf\u6d4e\u4e5f\u6709\u79ef\u6781\u4f5c\u7528\u3002\u539f\u56e0\u662f\u591a\u6570\u5927\u5b97\u5546\u54c1\uff08\u5982\u77f3\u6cb9\uff09\u4ee5\u7f8e\u5143\u8ba1\u4ef7\uff0c\u7f8e\u5143\u8d70\u5f31\u5c06\u4f7f\u4e00\u4e9b\u5546\u54c1\u4ef7\u683c\u4e0b\u964d\u3002\u6b64\u5916\uff0c\u5168\u7403\u5c24\u5176\u662f\u65b0\u5174\u7ecf\u6d4e\u4f53\u7684\u503a\u52a1\uff0c\u7531\u4e8e\u5927\u90e8\u5206\u4ee5\u7f8e\u5143\u501f\u5165\uff0c\u507f\u8fd8\u503a\u52a1\u6210\u672c\u4e5f\u4f1a\u968f\u4e4b\u964d\u4f4e\u3002 \u75ab\u4e0b\u5404\u5927\u80a1\u5e02\u8868\u73b0 \u53bb\u5e74\u6295\u8d44\u5e02\u573a\u51fa\u73b0\u4e00\u4e2a\u6709\u8da3\u73b0\u8c61\uff0c\u5c31\u662f\u5404\u56fd\u7ecf\u6d4e\u56e0\u75ab\u60c5\u800c\u840e\u7f29\u4e4b\u9645\uff0c\u80a1\u7968\u5e02\u573a\u53cd\u800c\u6301\u7eed\u4e0a\u626c\u3002\u89c2\u4e4e\u80a1\u5e02\u4e3b\u8981\u53cd\u6620\u9884\u671f\u4e2d\u7684\u7ecf\u6d4e\u8868\u73b0\uff0c\u77ed\u671f\u800c\u8a00\uff0c\u4e0e\u7ecf\u6d4e\u5b9e\u51b5\u7684\u76f8\u5173\u6027\u5374\u751a\u4f4e\u3002\u4ee5\u6052\u751f\u6307\u6570\u548c\u9999\u6e2f\u7279\u533a\u7ecf\u6d4e\u4e3a\u4f8b\uff0c\u4ece\u3010\u56fe2\u3011\u53ef\u89c1\u4e24\u8005\u572830\u5e74\u7684\u76f8\u5173\u6027\u4e00\u76f4\u5e76\u4e0d\u7a33\u5b9a\u3002 2021\u5e742\u6708\u521d\uff0c\u5404\u5927\u80a1\u5e02\u8868\u73b0\u5df2\u80dc\u8fc7\u53bb\u5e741\u6708\u51a0\u72b6\u75c5\u6bd2\u75c5\u5c1a\u672a\u8513\u5ef6\u5168\u7403\u4e4b\u65f6\u3002\u4ece2019\u5e741\u6708\u81f32021\u5e741\u6708\uff0c\u6807\u666e500\u6307\u6570\u7684\u4e24\u5e74\u56de\u62a5\u662f46%\uff0c\u65e5\u7ecf\u6307\u6570\u4e3a42%\uff0c\u4e0a\u8bc1\u6307\u6570\u4e3a41%\uff0c\u5fb7\u56fdDAX\u4e3a26%\uff0c\u800c\u6052\u751f\u6307\u6570\u5219\u53ea\u67098%\u3010\u56fe3\u3011\u3002\u5176\u5b9e\u4ece2019\u5e74\u7b2c\u4e00\u5b63\u5ea6\u8d77\uff0c\u6052\u751f\u6307\u6570\u5df2\u843d\u540e\u4e8e\u73af\u7403\u5927\u5e02\uff0c\u7a81\u663e\u51fa\u9999\u6e2f\u5185\u90e8\u4e89\u62d7\u548c\u793e\u4f1a\u52a8\u8361\u7684\u5f71\u54cd\u3002 \u7ecf\u6d4e\u590d\u82cf\u7684\u66d9\u5149 \u5927\u591a\u6570\u7ecf\u6d4e\u4f53\u9884\u671f\u8981\u52302021\u5e74\u4e2d\u540e\u671f\uff0c\u65b9\u80fd\u6062\u590d\u5230\u75ab\u524d\u7684\u5b9e\u8d28\u672c\u5730\u751f\u4ea7\u603b\u503c\u6c34\u5e73\uff0c\u5931\u4e1a\u7387\u5219\u7ef4\u6301\u5728\u5e73\u5747\u7ebf\u4e0a\u3002\u56e0\u6b64\uff0c\u5c3d\u7ba1\u5b9e\u65bd\u8fdb\u53d6\u7684\u523a\u6fc0\u63aa\u65bd\uff0c\u7ee7\u7eed\u6269\u5f20\uff0c\u4ea6\u4f1a\u5728\u8f83\u540e\u65f6\u95f4\u624d\u5448\u73b0\u901a\u80c0\u538b\u529b\u3002\u7ecf\u6d4e\u5408\u4f5c\u4e0e\u53d1\u5c55\u7ec4\u7ec7\u66fe\u9884\u6d4b\uff0c37\u4e2a\u53d1\u8fbe\u56fd\u5bb6\u57282020\u5e74\u5185\u7684\u7ecf\u6d4e\u6536\u7f29\u4e3a5.5%\uff0c\u5168\u7403\u7ecf\u6d4e\u589e\u957f\u5219\u4e0b\u8c034.2%\u3002\u8870\u9000\u56f0\u5883\u8fd1\u767e\u5e74\u4e00\u9047\uff0c\u4ee4\u4eba\u5fe7\u8651\u3002 \u62dc\u767b\u653f\u5e9c\u4e0a\u573a\u521a\u8fc71\u4e2a\u6708\uff0c\u7f8e\u56fd\u80fd\u5426\u5728\u4e16\u754c\u7ecf\u6d4e\u91cd\u62fe\u9886\u519b\u5730\u4f4d\uff0c\u9a71\u52a8\u5404\u56fd\u8fc8\u5411\u7ecf\u6d4e\u590d\u82cf\uff0c\u4ecd\u662f\u672a\u77e5\u4e4b\u6570\u3002\u53cd\u89c2\u4e2d\u56fd\u56e0\u80fd\u6709\u6548\u63a7\u5236\u75ab\u60c5\uff0c\u751f\u4ea7\u529b\u548c\u7ecf\u6d4e\u6d3b\u52a8\u6062\u590d\u5f97\u6700\u5feb\u3002\u56fd\u5bb6\u7edf\u8ba1\u5c40\u516c\u5e03\u7684\u591a\u9879\u6570\u636e\u663e\u793a\uff0c2020\u5e74\u4e2d\u671f\u56fd\u5185\u7ecf\u6d4e\u5df2\u5448\u73b0V\u5f62\u53cd\u5f39\uff0c5\u6708\u4efd\u6d88\u8d39\u7269\u4ef7\u6307\u6570\u6309\u5e74\u4e0a\u6da82.4%\u3002\u52a0\u4e0a\u56fd\u5185\u56fd\u5916\u53cc\u5faa\u73af\u7684\u7ecf\u6d4e\u7b56\u7565\uff0c\u4e2d\u56fd\u7ecf\u6d4e\u53ef\u8c13\u4e00\u679d\u72ec\u79c0\uff0c\u6709\u671b\u5e26\u9886\u5168\u7403\u7ecf\u6d4e\u5411\u4e0a\u3002 \u91cd\u91cd\u56f4\u56f0\u6709\u5f85\u7a81\u7834 \u805a\u7126\u672c\u6e2f\uff0c\u6839\u636e\u7279\u533a\u653f\u5e9c\u7edf\u8ba1\u5904\u5728\u4e0a\u6708\u5e95\u53d1\u5e032020\u5e74\u7684\u672c\u5730\u751f\u4ea7\u603b\u503c\uff08GDP\uff09\u4f30\u8ba1\u6570\u5b57\uff0c\u7b2c\u56db\u5b63\u8f83\u4e0a\u5e74\u540c\u671f\u5b9e\u8d28\u4e0b\u8dcc3%\uff0c\u5168\u5e74GDP\u5219\u6309\u5e74\u5b9e\u8d28\u4e0b\u8dcc6.1%\u3010\u6ce81\u3011\u3002\u653f\u5e9c\u53bb\u5e74\u5148\u540e\u63a8\u51fa\u591a\u9879\u7ebe\u56f0\u63aa\u65bd\uff0c\u603b\u503c\u903e3000\u4ebf\u5143\uff0c\u4ee5\u81f4\u8d22\u653f\u50a8\u5907\u964d\u81f3\u7ea68000\u4ebf\u5143\uff0c\u76f8\u5f53\u4e8e\u653f\u5e9c13\u81f314\u4e2a\u6708\u7684\u7ecf\u5e38\u5f00\u652f\uff0c\u63a5\u8fd12003\u5e74\u300c\u6c99\u58eb\u300d\u540e\u7684\u6c34\u5e73\u3002\u9884\u6599\u8d22\u653f\u523a\u6fc0\u65b9\u6848\u5c06\u9010\u6b65\u64a4\u9664\uff1b\u4e3a\u51cf\u8f7b\u8d22\u653f\u538b\u529b\uff0c\u653f\u5e9c\u4ea6\u5e94\u8bbe\u6cd5\u5f00\u6e90\u3002 \u6309\u7edf\u8ba1\u5904\u8d44\u6599\uff0c\u5931\u4e1a\u7387\u75312019\u5e7412\u6708\u76843.7%\u98d9\u5347\u81f32020\u5e74\u7b2c\u56db\u5b63\u76846.6%\uff0c\u5931\u4e1a\u4eba\u6570\u8d85\u8fc724\u4e07\uff1b2020\u5e7410\u6708\u81f32021\u5e741\u6708\uff0c\u5931\u4e1a\u7387\u66f4\u8fbe7%\uff0c\u5931\u4e1a\u4eba\u657025.3\u4e07\uff0c\u521b16\u5e74\u6765\u65b0\u9ad8\u3002\u52b3\u5de5\u53ca\u798f\u5229\u5c40\u5c40\u957f\u7f57\u81f4\u5149\u4f30\u8ba1\u672c\u5e74\u7b2c\u4e00\u5b63\u5931\u4e1a\u7387\u6216\u4f1a\u5347\u81f37.2%\u624d\u89c1\u9876\uff0c\u8fd9\u5c06\u4f4e\u4e8e2003\u5e748.5%\u7684\u9876\u5cf0\uff1b\u5931\u4e1a\u7387\u9884\u8ba1\u5728\u4e0b\u534a\u5e74\u7ecf\u6d4e\u597d\u8f6c\u540e\u624d\u4f1a\u56de\u843d\u3002 \u53e6\u4e00\u65b9\u9762\uff0c\u8d2b\u7a77\u95ee\u9898\u6301\u7eed\u6076\u5316\u3002\u7edf\u8ba1\u5904\u6307\u51fa\uff0c2019\u5e74\u9999\u6e2f\u6574\u4f53\u7684\u8d2b\u7a77\u4eba\u53e3\u4e3a149\u4e07\uff0c\u6bd42018\u5e74\u589e\u52a0\u4e869\u4e07\uff0c\u8d2b\u7a77\u7387\u753120.4%\u5347\u81f321.4%\u3002\u7eb5\u4f7f\u8fd9\u6216\u4e0e\u4eba\u53e3\u9ad8\u9f84\u5316\u6709\u5173\uff0c\u4f462016\u81f32018\u5e74\u95f4\uff0c\u9752\u5e74\u8d2b\u7a77\u7387\u5374\u8fde\u7eed3\u5e74\u5f55\u5f97\u5347\u5e45\uff0c\u4e3a\u657090100\u4eba\uff0c\u5360\u603b\u8d2b\u7a77\u4eba\u53e38.8%\u3002 \u65b0\u90e8\u7f72\u626d\u8f6c\u4e7e\u5764 \u653e\u773c\u56fd\u9645\u793e\u4f1a\uff0c\u6b27\u7f8e\u653f\u5e9c\u7eb7\u7eb7\u5b9e\u65bd\u4f4e\u5229\u7387\u91cf\u5bbd\u653f\u7b56\uff0c\u4e0d\u6392\u9664\u4f1a\u4ea7\u751f\u8d44\u4ea7\u6ce1\u6cab\u7206\u7834\u800c\u89e6\u53d1\u91d1\u878d\u5371\u673a\uff0c\u52a0\u4e0a\u4fdd\u62a4\u4e3b\u4e49\u548c\u5355\u8fb9\u4e3b\u4e49\u4e58\u52bf\u5174\u8d77\uff0c\u56fd\u9645\u8d38\u6613\u548c\u6295\u8d44\u5927\u5e45\u840e\u7f29\uff0c\u5168\u7403\u7ecf\u6d4e\u3001\u79d1\u6280\u3001\u653f\u6cbb\u5747\u9762\u4e34\u5de8\u53d8\u3002 \u73af\u7403\u7ecf\u6d4e\u77ed\u671f\u5185\u80fd\u5426\u907f\u514d\u8870\u9000\uff0c\u53d6\u51b3\u4e8e\u4ee5\u4e0b\u56e0\u7d20\uff1a\u75ab\u60c5\u7684\u51b2\u51fb\u4f1a\u5426\u6301\u7eed\u4e0b\u53bb\uff1f\u5404\u7ecf\u6d4e\u4f53\u80fd\u5426\u91cd\u5efa\u4f9b\u5e94\u94fe\u4ee5\u6539\u5584\u4e16\u754c\u8d38\u6613\uff1f\u75ab\u60c5\u4f1a\u5426\u7ed3\u6784\u6027\u524a\u5f31\u52b3\u5de5\u5e02\u573a\u6216\u5bf9\u7ecf\u6d4e\u9700\u6c42\u9020\u6210\u6c38\u4e45\u7ed3\u6784\u6027\u635f\u5931\uff1f \u5f53\u524d\u4e2d\u56fd\u7ecf\u6d4e\u5df2\u7531\u9ad8\u901f\u589e\u957f\u9636\u6bb5\u8f6c\u5411\u9ad8\u8d28\u91cf\u53d1\u5c55\u9636\u6bb5\uff0c\u5728\u56fd\u5185\u56fd\u9645\u53cc\u5faa\u73af\u7b56\u7565\u4e0b\uff0c\u9999\u6e2f\u7ecf\u6d4e\u590d\u82cf\u5219\u53d6\u51b3\u4e8e\u4ee5\u4e0b\u51e0\u4e2a\u56e0\u7d20\u3002\u5f53\u65b0\u51a0\u75ab\u82d7\u5e7f\u6cdb\u63a5\u79cd\u540e\uff0c\u9884\u671f\u7ecf\u6d4e\u53ef\u5feb\u901f\u6062\u590d\uff0c\u5e02\u6c11\u6d88\u8d39\u53ef\u671b\u5f39\u529b\u53cd\u5f39\u3002\u5065\u5eb7\u7801\u53ca\u68c0\u75ab\u63aa\u65bd\u82e5\u80fd\u5168\u9762\u843d\u5b9e\uff0c\u5219\u53ef\u671b\u5728\u7b2c\u4e8c\u5b63\u672b\u81f3\u7b2c\u4e09\u5b63\u521d\u4e0e\u5185\u5730\u91cd\u65b0\u901a\u5173\uff0c\u800c\u4ee4\u96f6\u552e\u53ca\u670d\u52a1\u884c\u4e1a\u590d\u82cf\u3002\u7ecf\u6d4e\u91cd\u62fe\u6b63\u8f68\u6709\u52a9\u7279\u533a\u653f\u5e9c\u89e3\u51b3\u8d2b\u5bcc\u60ac\u6b8a\u7b49\u8001\u5927\u96be\u95ee\u9898\uff0c\u6b63\u5982\u7b14\u8005\u5728\u672c\u680f\u4e3a\u6587\u5206\u6790\u3010\u6ce82\u3011\uff0c\u653f\u5e9c\u5fc5\u987b\u91cd\u5efa\u7f6e\u4e1a\u9636\u68af\uff0c\u4ee5\u6539\u5584\u793e\u4f1a\u4e0d\u5747\u73b0\u8c61\u3002 \u7ecf\u5386\u4e24\u5e74\u6765\u5185\u5916\u4ea4\u56f0\uff0c\u867d\u7136\u5916\u8d44\u672a\u6709\u660e\u663e\u64a4\u79bb\u9999\u6e2f\u7684\u8ff9\u8c61\uff0c\u4f46\u897f\u65b9\u56fd\u5bb6\u4ee5\u81f3\u90bb\u56fd\u5982\u65b0\u52a0\u5761\uff0c\u5747\u9510\u610f\u5438\u7eb3\u9999\u6e2f\u7684\u4eba\u624d\u3001\u6280\u672f\u548c\u8d44\u91d1\u3002\u867d\u7136\u672c\u5730\u7684\u7b80\u5355\u4f4e\u7a0e\u5236\u3001\u81ea\u7531\u8425\u5546\u73af\u5883\u3001\u5b8c\u5584\u7684\u53f8\u6cd5\u5236\u5ea6\uff0c\u4ecd\u7136\u662f\u5438\u5f15\u5916\u8d44\u7559\u6e2f\u7684\u91cd\u8981\u5143\u7d20\uff0c\u4f46\u7279\u533a\u653f\u5e9c\u4e0d\u53ef\u6389\u4ee5\u8f7b\u5fc3\u3002\u8d44\u91d1\u80fd\u5426\u81ea\u7531\u8fdb\u51fa\uff0c\u4e5f\u662f\u5916\u6765\u6295\u8d44\u8005\u7684\u91cd\u8981\u8003\u8651\u56e0\u7d20\uff0c\u6bd5\u7adf\u56fd\u9645\u91d1\u878d\u4e2d\u5fc3\u5b9a\u4f4d\u53d6\u51b3\u4e8e\u300c\u4fe1\u5fc3\u300d\u4e8c\u5b57\u3002\u5982\u4f55\u5de9\u56fa\u8de8\u56fd\u4f01\u4e1a\u548c\u56fd\u9645\u6295\u8d44\u8005\u5bf9\u9999\u6e2f\u4f5c\u4e3a\u4e9a\u6d32\u56fd\u9645\u90fd\u4f1a\u7684\u4fe1\u5fc3\uff0c\u5b9e\u4e43\u7279\u533a\u653f\u5e9c\u5f53\u52a1\u4e4b\u6025\u3002 \u8d44\u6599\u6765\u6e90\uff1aTrade Weighted U.S. Dollar Index: Broad, Goods and Services (DTWEXBGS) | FRED | St. Louis Fed\uff08\u68c0\u7d22\u4e8e2021\u5e742\u670816\u65e5\uff09 \u8d44\u6599\u6765\u6e90\uff1a^HSI 30,792.85 148.12 0.48% : HANG SENG INDEX - Yahoo Finance\uff08\u68c0\u7d22\u4e8e2021\u5e742\u670816\u65e5\uff09 \u8d44\u6599\u6765\u6e90\uff1aYahoo\" \/>\n\t\t<meta property=\"og:url\" content=\"https:\/\/www.hkubs.hku.hk\/sc\/research\/thought-leadership\/hkej-column\/to-rejuvenate-the-hong-kong-economy-2021\/\" \/>\n\t\t<meta property=\"article:published_time\" content=\"2021-02-25T01:00:16+00:00\" \/>\n\t\t<meta property=\"article:modified_time\" content=\"2021-05-07T08:39:42+00:00\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary\" \/>\n\t\t<meta name=\"twitter:title\" content=\"\u4e00\u5e74\u4e4b\u8ba1 \u590d\u5174\u7ecf\u6d4e - HKU Business School\" \/>\n\t\t<meta name=\"twitter:description\" content=\"\u51a0\u72b6\u75c5\u6bd2\u75c5\u75ab\u60c5\u521d\u671f\uff0c\u4e00\u4f17\u7ecf\u6d4e\u5b66\u5bb6\u9884\u6d4b\uff0c2020\u5e74\u5168\u7403\u5c06\u9677\u51651930\u5e74\u4ee3\u5927\u8427\u6761\u4ee5\u6765\u6700\u4e25\u91cd\u8870\u9000\uff0c\u4f46\u540e\u6765\u5219\u4fee\u8ba2\u4e3a\u4e0e2007\u81f32009\u5e74\u91d1\u878d\u6d77\u5578\u60c5\u51b5\u76f8\u82e5\u3002\u4f8b\u5982\u6839\u636e2020\u5e745\u6708\u300a\u534e\u5c14\u8857\u65e5\u62a5\u300b\u7684\u8c03\u67e5\uff0c\u7f8e\u56fd\u7ecf\u6d4e\u5b66\u5bb6\u666e\u904d\u9884\u6d4b\uff0c\u540c\u5e74\u7f8e\u56fd\u7ecf\u6d4e\u5c06\u6536\u7f296.6%\uff0c\u5c5e\u5927\u8427\u6761\u4ee5\u6765\u4e4b\u6700\uff1b\u8054\u90a6\u50a8\u5907\u5c40\u5b98\u5458\u968f\u4e8e6\u6708\u9884\u6d4b\uff0c\u6536\u7f29\u5e45\u5ea6\u4e3a6.5% \u3002 \u4f46\u52309\u6708\uff0c\u8054\u50a8\u5c40\u5219\u5c06\u7ecf\u6d4e\u6536\u7f29\u7387\u4e0b\u8c03\u81f33.7%\uff1b\u968f\u7740\u65b0\u51a0\u75ab\u82d7\u9646\u7eed\u9762\u4e16\u53ca\u7f8e\u56fd\u603b\u7edf\u5927\u9009\u5c18\u57c3\u843d\u5b9a\uff0c12\u6708\u518d\u6b21\u4fee\u8ba2\u6536\u7f29\u5e45\u5ea6\u4e3a2.4%\uff0c\u8fdc\u4f4e\u4e8e\u91d1\u878d\u6d77\u5578\u7ed3\u675f\u65f64.3%\u7684\u6c34\u5e73\u3002 12\u670827\u65e5\uff0c\u7f8e\u56fd\u56fd\u4f1a\u901a\u8fc72.3\u4e07\u4ebf\u7f8e\u5143\u7684\u300a\u65b0\u51a0\u75c5\u6bd2\u63f4\u52a9\u3001\u6551\u6d4e\u548c\u7ecf\u6d4e\u5b89\u5168\u6cd5\u6848\u300b\uff0c\u63d0\u4f9b9000\u4ebf\u7f8e\u5143\u523a\u6fc0\u6027\u63f4\u52a9\uff0c\u540c\u65f6\u4e3a\u622a\u81f32021\u5e749\u670830\u65e5\u4e3a\u6b62\u8054\u90a6\u653f\u5e9c\u8d22\u653f\u5e74\u5ea6\u63d0\u4f9b1.4\u4e07\u4ebf\u7f8e\u5143\u8d44\u91d1\u3002\u4e8b\u5b9e\u4e0a\uff0c\u5168\u7403\u591a\u56fd\u53bb\u5e74\u90fd\u91c7\u53d6\u4e86\u76f8\u7c7b\u7684\u6269\u5f20\u6027\u8d22\u653f\u653f\u7b56\uff0c\u9884\u8ba1\u6709\u5173\u653f\u7b56\u65b9\u5411\u57282021\u5e74\u4ecd\u4f1a\u6301\u7eed\u3002 \u56fd\u9645\u8d27\u5e01\u4e0e\u8d38\u6613 2021\u5e74\u4f0a\u59cb\uff0c\u56fd\u9645\u8d27\u5e01\u57fa\u91d1\u7ec4\u7ec7\u53d1\u5e03\u7684\u6700\u65b0\u4e00\u671f\u300a\u4e16\u754c\u7ecf\u6d4e\u5c55\u671b\u300b\uff0c\u9884\u6d4b\u672c\u5e74\u73af\u7403\u7ecf\u6d4e\u589e\u957f\u4e3a5.5%\uff0c\u8f83\u53bb\u5e7410\u6708\u9884\u6d4b\u4e0a\u8c030.3\u4e2a\u767e\u5206\u70b9\u3002\u523a\u6fc0\u589e\u957f\u63aa\u65bd\u56fa\u7136\u91cd\u8981\uff0c\u4f46\u5982\u8981\u590d\u82cf\u7a33\u5065\uff0c\u8fd8\u987b\u7ba1\u7406\u597d\u75ab\u60c5\uff0c\u5e76\u6709\u8d56\u56fd\u9645\u8d38\u6613\u5468\u671f\u53cd\u5f39\u7684\u52a9\u529b\u3002 \u81ea2020\u5e743\u6708\u4e2d\u81f3\u5e74\u7ec8\uff0c\u7f8e\u5143\u5bf9\u4e00\u7bee\u5b50\u8d38\u6613\u52a0\u6743\u8d27\u5e01\u7684\u6c47\u7387\u4ece117\u4e0b\u8dcc\u81f3102.6\uff0c\u77ed\u77ed8\u4e2a\u6708\u95f4\u8dcc\u5e45\u8d85\u8fc712%\uff0c\u5904\u4e8e\u8fc7\u53bb\u4e24\u5e74\u591a\u7684\u6700\u4f4e\u6c34\u5e73\u3010\u56fe1\u3011\u3002\u7f8e\u5143\u4e0e\u4e3b\u8981\u8d27\u5e01\u7684\u5229\u7387\u5dee\u5f02\u5728\u75ab\u60c5\u671f\u95f4\u4e5f\u5927\u5e45\u7f29\u5c0f\u3002 \u7f8e\u5143\u8d70\u5f31\u867d\u53ef\u63d0\u5347\u7f8e\u56fd\u51fa\u53e3\u7684\u7ade\u4e89\u529b\uff0c\u4f46\u540c\u65f6\u4f1a\u56e0\u8fdb\u53e3\u5546\u54c1\u8f83\u6602\u8d35\u800c\u8f93\u5165\u901a\u80c0\u3002\u7f8e\u5143\u6301\u7eed\u8d70\u5f31\u7684\u56e0\u7d20\u4e0d\u5916\u4e09\u9879\uff1a\u7b2c\u4e00\uff0c\u6709\u6548\u75ab\u82d7\u9762\u4e16\u5e76\u5728\u5404\u56fd\u5e7f\u6cdb\u63a5\u79cd\uff0c\u6709\u52a9\u51cf\u8f7b\u75ab\u707e\u5bf9\u7ecf\u6d4e\u9020\u6210\u7684\u4e0d\u786e\u5b9a\u6027\u53ca\u98ce\u9669\uff0c\u800c\u7f8e\u5143\u4f5c\u4e3a\u907f\u9669\u8d27\u5e01\u7684\u4f5c\u7528\u51cf\u4f4e\uff0c\u5219\u5bfc\u81f4\u7f8e\u5143\u9700\u6c42\u4e0b\u8dcc\u3002\u7b2c\u4e8c\uff0c\u7f8e\u56fd\u9488\u5bf9\u516c\u5171\u536b\u751f\u5371\u673a\u53ca\u7ecf\u6d4e\u8870\u9000\u63d0\u4f9b\u4e86\u975e\u5e38\u79ef\u6781\u7684\u6269\u5f20\u6027\u8d27\u5e01\u53ca\u8d22\u653f\u5f00\u652f\u653f\u7b56\uff0c\u5927\u5927\u589e\u52a0\u4e86\u8d27\u5e01\u4f9b\u5e94\u3002\u7b2c\u4e09\uff0c\u7f8e\u56fd\u4ecd\u53d7\u8d22\u653f\u9884\u7b97\u548c\u8d38\u6613\u7684\u53cc\u91cd\u8d64\u5b57\u56f0\u6270\u3002 \u56e0\u6b64\uff0c\u9884\u671f\u7f8e\u5143\u4eca\u5e74\u5c06\u7ee7\u7eed\u504f\u8f6f\uff0c\u5bf9\u8be5\u56fd\u7ecf\u6d4e\u6765\u8bf4\u65e0\u7591\u662f\u4e00\u9879\u5229\u597d\u56e0\u7d20\uff0c\u5bf9\u5168\u7403\u7ecf\u6d4e\u4e5f\u6709\u79ef\u6781\u4f5c\u7528\u3002\u539f\u56e0\u662f\u591a\u6570\u5927\u5b97\u5546\u54c1\uff08\u5982\u77f3\u6cb9\uff09\u4ee5\u7f8e\u5143\u8ba1\u4ef7\uff0c\u7f8e\u5143\u8d70\u5f31\u5c06\u4f7f\u4e00\u4e9b\u5546\u54c1\u4ef7\u683c\u4e0b\u964d\u3002\u6b64\u5916\uff0c\u5168\u7403\u5c24\u5176\u662f\u65b0\u5174\u7ecf\u6d4e\u4f53\u7684\u503a\u52a1\uff0c\u7531\u4e8e\u5927\u90e8\u5206\u4ee5\u7f8e\u5143\u501f\u5165\uff0c\u507f\u8fd8\u503a\u52a1\u6210\u672c\u4e5f\u4f1a\u968f\u4e4b\u964d\u4f4e\u3002 \u75ab\u4e0b\u5404\u5927\u80a1\u5e02\u8868\u73b0 \u53bb\u5e74\u6295\u8d44\u5e02\u573a\u51fa\u73b0\u4e00\u4e2a\u6709\u8da3\u73b0\u8c61\uff0c\u5c31\u662f\u5404\u56fd\u7ecf\u6d4e\u56e0\u75ab\u60c5\u800c\u840e\u7f29\u4e4b\u9645\uff0c\u80a1\u7968\u5e02\u573a\u53cd\u800c\u6301\u7eed\u4e0a\u626c\u3002\u89c2\u4e4e\u80a1\u5e02\u4e3b\u8981\u53cd\u6620\u9884\u671f\u4e2d\u7684\u7ecf\u6d4e\u8868\u73b0\uff0c\u77ed\u671f\u800c\u8a00\uff0c\u4e0e\u7ecf\u6d4e\u5b9e\u51b5\u7684\u76f8\u5173\u6027\u5374\u751a\u4f4e\u3002\u4ee5\u6052\u751f\u6307\u6570\u548c\u9999\u6e2f\u7279\u533a\u7ecf\u6d4e\u4e3a\u4f8b\uff0c\u4ece\u3010\u56fe2\u3011\u53ef\u89c1\u4e24\u8005\u572830\u5e74\u7684\u76f8\u5173\u6027\u4e00\u76f4\u5e76\u4e0d\u7a33\u5b9a\u3002 2021\u5e742\u6708\u521d\uff0c\u5404\u5927\u80a1\u5e02\u8868\u73b0\u5df2\u80dc\u8fc7\u53bb\u5e741\u6708\u51a0\u72b6\u75c5\u6bd2\u75c5\u5c1a\u672a\u8513\u5ef6\u5168\u7403\u4e4b\u65f6\u3002\u4ece2019\u5e741\u6708\u81f32021\u5e741\u6708\uff0c\u6807\u666e500\u6307\u6570\u7684\u4e24\u5e74\u56de\u62a5\u662f46%\uff0c\u65e5\u7ecf\u6307\u6570\u4e3a42%\uff0c\u4e0a\u8bc1\u6307\u6570\u4e3a41%\uff0c\u5fb7\u56fdDAX\u4e3a26%\uff0c\u800c\u6052\u751f\u6307\u6570\u5219\u53ea\u67098%\u3010\u56fe3\u3011\u3002\u5176\u5b9e\u4ece2019\u5e74\u7b2c\u4e00\u5b63\u5ea6\u8d77\uff0c\u6052\u751f\u6307\u6570\u5df2\u843d\u540e\u4e8e\u73af\u7403\u5927\u5e02\uff0c\u7a81\u663e\u51fa\u9999\u6e2f\u5185\u90e8\u4e89\u62d7\u548c\u793e\u4f1a\u52a8\u8361\u7684\u5f71\u54cd\u3002 \u7ecf\u6d4e\u590d\u82cf\u7684\u66d9\u5149 \u5927\u591a\u6570\u7ecf\u6d4e\u4f53\u9884\u671f\u8981\u52302021\u5e74\u4e2d\u540e\u671f\uff0c\u65b9\u80fd\u6062\u590d\u5230\u75ab\u524d\u7684\u5b9e\u8d28\u672c\u5730\u751f\u4ea7\u603b\u503c\u6c34\u5e73\uff0c\u5931\u4e1a\u7387\u5219\u7ef4\u6301\u5728\u5e73\u5747\u7ebf\u4e0a\u3002\u56e0\u6b64\uff0c\u5c3d\u7ba1\u5b9e\u65bd\u8fdb\u53d6\u7684\u523a\u6fc0\u63aa\u65bd\uff0c\u7ee7\u7eed\u6269\u5f20\uff0c\u4ea6\u4f1a\u5728\u8f83\u540e\u65f6\u95f4\u624d\u5448\u73b0\u901a\u80c0\u538b\u529b\u3002\u7ecf\u6d4e\u5408\u4f5c\u4e0e\u53d1\u5c55\u7ec4\u7ec7\u66fe\u9884\u6d4b\uff0c37\u4e2a\u53d1\u8fbe\u56fd\u5bb6\u57282020\u5e74\u5185\u7684\u7ecf\u6d4e\u6536\u7f29\u4e3a5.5%\uff0c\u5168\u7403\u7ecf\u6d4e\u589e\u957f\u5219\u4e0b\u8c034.2%\u3002\u8870\u9000\u56f0\u5883\u8fd1\u767e\u5e74\u4e00\u9047\uff0c\u4ee4\u4eba\u5fe7\u8651\u3002 \u62dc\u767b\u653f\u5e9c\u4e0a\u573a\u521a\u8fc71\u4e2a\u6708\uff0c\u7f8e\u56fd\u80fd\u5426\u5728\u4e16\u754c\u7ecf\u6d4e\u91cd\u62fe\u9886\u519b\u5730\u4f4d\uff0c\u9a71\u52a8\u5404\u56fd\u8fc8\u5411\u7ecf\u6d4e\u590d\u82cf\uff0c\u4ecd\u662f\u672a\u77e5\u4e4b\u6570\u3002\u53cd\u89c2\u4e2d\u56fd\u56e0\u80fd\u6709\u6548\u63a7\u5236\u75ab\u60c5\uff0c\u751f\u4ea7\u529b\u548c\u7ecf\u6d4e\u6d3b\u52a8\u6062\u590d\u5f97\u6700\u5feb\u3002\u56fd\u5bb6\u7edf\u8ba1\u5c40\u516c\u5e03\u7684\u591a\u9879\u6570\u636e\u663e\u793a\uff0c2020\u5e74\u4e2d\u671f\u56fd\u5185\u7ecf\u6d4e\u5df2\u5448\u73b0V\u5f62\u53cd\u5f39\uff0c5\u6708\u4efd\u6d88\u8d39\u7269\u4ef7\u6307\u6570\u6309\u5e74\u4e0a\u6da82.4%\u3002\u52a0\u4e0a\u56fd\u5185\u56fd\u5916\u53cc\u5faa\u73af\u7684\u7ecf\u6d4e\u7b56\u7565\uff0c\u4e2d\u56fd\u7ecf\u6d4e\u53ef\u8c13\u4e00\u679d\u72ec\u79c0\uff0c\u6709\u671b\u5e26\u9886\u5168\u7403\u7ecf\u6d4e\u5411\u4e0a\u3002 \u91cd\u91cd\u56f4\u56f0\u6709\u5f85\u7a81\u7834 \u805a\u7126\u672c\u6e2f\uff0c\u6839\u636e\u7279\u533a\u653f\u5e9c\u7edf\u8ba1\u5904\u5728\u4e0a\u6708\u5e95\u53d1\u5e032020\u5e74\u7684\u672c\u5730\u751f\u4ea7\u603b\u503c\uff08GDP\uff09\u4f30\u8ba1\u6570\u5b57\uff0c\u7b2c\u56db\u5b63\u8f83\u4e0a\u5e74\u540c\u671f\u5b9e\u8d28\u4e0b\u8dcc3%\uff0c\u5168\u5e74GDP\u5219\u6309\u5e74\u5b9e\u8d28\u4e0b\u8dcc6.1%\u3010\u6ce81\u3011\u3002\u653f\u5e9c\u53bb\u5e74\u5148\u540e\u63a8\u51fa\u591a\u9879\u7ebe\u56f0\u63aa\u65bd\uff0c\u603b\u503c\u903e3000\u4ebf\u5143\uff0c\u4ee5\u81f4\u8d22\u653f\u50a8\u5907\u964d\u81f3\u7ea68000\u4ebf\u5143\uff0c\u76f8\u5f53\u4e8e\u653f\u5e9c13\u81f314\u4e2a\u6708\u7684\u7ecf\u5e38\u5f00\u652f\uff0c\u63a5\u8fd12003\u5e74\u300c\u6c99\u58eb\u300d\u540e\u7684\u6c34\u5e73\u3002\u9884\u6599\u8d22\u653f\u523a\u6fc0\u65b9\u6848\u5c06\u9010\u6b65\u64a4\u9664\uff1b\u4e3a\u51cf\u8f7b\u8d22\u653f\u538b\u529b\uff0c\u653f\u5e9c\u4ea6\u5e94\u8bbe\u6cd5\u5f00\u6e90\u3002 \u6309\u7edf\u8ba1\u5904\u8d44\u6599\uff0c\u5931\u4e1a\u7387\u75312019\u5e7412\u6708\u76843.7%\u98d9\u5347\u81f32020\u5e74\u7b2c\u56db\u5b63\u76846.6%\uff0c\u5931\u4e1a\u4eba\u6570\u8d85\u8fc724\u4e07\uff1b2020\u5e7410\u6708\u81f32021\u5e741\u6708\uff0c\u5931\u4e1a\u7387\u66f4\u8fbe7%\uff0c\u5931\u4e1a\u4eba\u657025.3\u4e07\uff0c\u521b16\u5e74\u6765\u65b0\u9ad8\u3002\u52b3\u5de5\u53ca\u798f\u5229\u5c40\u5c40\u957f\u7f57\u81f4\u5149\u4f30\u8ba1\u672c\u5e74\u7b2c\u4e00\u5b63\u5931\u4e1a\u7387\u6216\u4f1a\u5347\u81f37.2%\u624d\u89c1\u9876\uff0c\u8fd9\u5c06\u4f4e\u4e8e2003\u5e748.5%\u7684\u9876\u5cf0\uff1b\u5931\u4e1a\u7387\u9884\u8ba1\u5728\u4e0b\u534a\u5e74\u7ecf\u6d4e\u597d\u8f6c\u540e\u624d\u4f1a\u56de\u843d\u3002 \u53e6\u4e00\u65b9\u9762\uff0c\u8d2b\u7a77\u95ee\u9898\u6301\u7eed\u6076\u5316\u3002\u7edf\u8ba1\u5904\u6307\u51fa\uff0c2019\u5e74\u9999\u6e2f\u6574\u4f53\u7684\u8d2b\u7a77\u4eba\u53e3\u4e3a149\u4e07\uff0c\u6bd42018\u5e74\u589e\u52a0\u4e869\u4e07\uff0c\u8d2b\u7a77\u7387\u753120.4%\u5347\u81f321.4%\u3002\u7eb5\u4f7f\u8fd9\u6216\u4e0e\u4eba\u53e3\u9ad8\u9f84\u5316\u6709\u5173\uff0c\u4f462016\u81f32018\u5e74\u95f4\uff0c\u9752\u5e74\u8d2b\u7a77\u7387\u5374\u8fde\u7eed3\u5e74\u5f55\u5f97\u5347\u5e45\uff0c\u4e3a\u657090100\u4eba\uff0c\u5360\u603b\u8d2b\u7a77\u4eba\u53e38.8%\u3002 \u65b0\u90e8\u7f72\u626d\u8f6c\u4e7e\u5764 \u653e\u773c\u56fd\u9645\u793e\u4f1a\uff0c\u6b27\u7f8e\u653f\u5e9c\u7eb7\u7eb7\u5b9e\u65bd\u4f4e\u5229\u7387\u91cf\u5bbd\u653f\u7b56\uff0c\u4e0d\u6392\u9664\u4f1a\u4ea7\u751f\u8d44\u4ea7\u6ce1\u6cab\u7206\u7834\u800c\u89e6\u53d1\u91d1\u878d\u5371\u673a\uff0c\u52a0\u4e0a\u4fdd\u62a4\u4e3b\u4e49\u548c\u5355\u8fb9\u4e3b\u4e49\u4e58\u52bf\u5174\u8d77\uff0c\u56fd\u9645\u8d38\u6613\u548c\u6295\u8d44\u5927\u5e45\u840e\u7f29\uff0c\u5168\u7403\u7ecf\u6d4e\u3001\u79d1\u6280\u3001\u653f\u6cbb\u5747\u9762\u4e34\u5de8\u53d8\u3002 \u73af\u7403\u7ecf\u6d4e\u77ed\u671f\u5185\u80fd\u5426\u907f\u514d\u8870\u9000\uff0c\u53d6\u51b3\u4e8e\u4ee5\u4e0b\u56e0\u7d20\uff1a\u75ab\u60c5\u7684\u51b2\u51fb\u4f1a\u5426\u6301\u7eed\u4e0b\u53bb\uff1f\u5404\u7ecf\u6d4e\u4f53\u80fd\u5426\u91cd\u5efa\u4f9b\u5e94\u94fe\u4ee5\u6539\u5584\u4e16\u754c\u8d38\u6613\uff1f\u75ab\u60c5\u4f1a\u5426\u7ed3\u6784\u6027\u524a\u5f31\u52b3\u5de5\u5e02\u573a\u6216\u5bf9\u7ecf\u6d4e\u9700\u6c42\u9020\u6210\u6c38\u4e45\u7ed3\u6784\u6027\u635f\u5931\uff1f \u5f53\u524d\u4e2d\u56fd\u7ecf\u6d4e\u5df2\u7531\u9ad8\u901f\u589e\u957f\u9636\u6bb5\u8f6c\u5411\u9ad8\u8d28\u91cf\u53d1\u5c55\u9636\u6bb5\uff0c\u5728\u56fd\u5185\u56fd\u9645\u53cc\u5faa\u73af\u7b56\u7565\u4e0b\uff0c\u9999\u6e2f\u7ecf\u6d4e\u590d\u82cf\u5219\u53d6\u51b3\u4e8e\u4ee5\u4e0b\u51e0\u4e2a\u56e0\u7d20\u3002\u5f53\u65b0\u51a0\u75ab\u82d7\u5e7f\u6cdb\u63a5\u79cd\u540e\uff0c\u9884\u671f\u7ecf\u6d4e\u53ef\u5feb\u901f\u6062\u590d\uff0c\u5e02\u6c11\u6d88\u8d39\u53ef\u671b\u5f39\u529b\u53cd\u5f39\u3002\u5065\u5eb7\u7801\u53ca\u68c0\u75ab\u63aa\u65bd\u82e5\u80fd\u5168\u9762\u843d\u5b9e\uff0c\u5219\u53ef\u671b\u5728\u7b2c\u4e8c\u5b63\u672b\u81f3\u7b2c\u4e09\u5b63\u521d\u4e0e\u5185\u5730\u91cd\u65b0\u901a\u5173\uff0c\u800c\u4ee4\u96f6\u552e\u53ca\u670d\u52a1\u884c\u4e1a\u590d\u82cf\u3002\u7ecf\u6d4e\u91cd\u62fe\u6b63\u8f68\u6709\u52a9\u7279\u533a\u653f\u5e9c\u89e3\u51b3\u8d2b\u5bcc\u60ac\u6b8a\u7b49\u8001\u5927\u96be\u95ee\u9898\uff0c\u6b63\u5982\u7b14\u8005\u5728\u672c\u680f\u4e3a\u6587\u5206\u6790\u3010\u6ce82\u3011\uff0c\u653f\u5e9c\u5fc5\u987b\u91cd\u5efa\u7f6e\u4e1a\u9636\u68af\uff0c\u4ee5\u6539\u5584\u793e\u4f1a\u4e0d\u5747\u73b0\u8c61\u3002 \u7ecf\u5386\u4e24\u5e74\u6765\u5185\u5916\u4ea4\u56f0\uff0c\u867d\u7136\u5916\u8d44\u672a\u6709\u660e\u663e\u64a4\u79bb\u9999\u6e2f\u7684\u8ff9\u8c61\uff0c\u4f46\u897f\u65b9\u56fd\u5bb6\u4ee5\u81f3\u90bb\u56fd\u5982\u65b0\u52a0\u5761\uff0c\u5747\u9510\u610f\u5438\u7eb3\u9999\u6e2f\u7684\u4eba\u624d\u3001\u6280\u672f\u548c\u8d44\u91d1\u3002\u867d\u7136\u672c\u5730\u7684\u7b80\u5355\u4f4e\u7a0e\u5236\u3001\u81ea\u7531\u8425\u5546\u73af\u5883\u3001\u5b8c\u5584\u7684\u53f8\u6cd5\u5236\u5ea6\uff0c\u4ecd\u7136\u662f\u5438\u5f15\u5916\u8d44\u7559\u6e2f\u7684\u91cd\u8981\u5143\u7d20\uff0c\u4f46\u7279\u533a\u653f\u5e9c\u4e0d\u53ef\u6389\u4ee5\u8f7b\u5fc3\u3002\u8d44\u91d1\u80fd\u5426\u81ea\u7531\u8fdb\u51fa\uff0c\u4e5f\u662f\u5916\u6765\u6295\u8d44\u8005\u7684\u91cd\u8981\u8003\u8651\u56e0\u7d20\uff0c\u6bd5\u7adf\u56fd\u9645\u91d1\u878d\u4e2d\u5fc3\u5b9a\u4f4d\u53d6\u51b3\u4e8e\u300c\u4fe1\u5fc3\u300d\u4e8c\u5b57\u3002\u5982\u4f55\u5de9\u56fa\u8de8\u56fd\u4f01\u4e1a\u548c\u56fd\u9645\u6295\u8d44\u8005\u5bf9\u9999\u6e2f\u4f5c\u4e3a\u4e9a\u6d32\u56fd\u9645\u90fd\u4f1a\u7684\u4fe1\u5fc3\uff0c\u5b9e\u4e43\u7279\u533a\u653f\u5e9c\u5f53\u52a1\u4e4b\u6025\u3002 \u8d44\u6599\u6765\u6e90\uff1aTrade Weighted U.S. Dollar Index: Broad, Goods and Services (DTWEXBGS) | FRED | St. Louis Fed\uff08\u68c0\u7d22\u4e8e2021\u5e742\u670816\u65e5\uff09 \u8d44\u6599\u6765\u6e90\uff1a^HSI 30,792.85 148.12 0.48% : HANG SENG INDEX - Yahoo Finance\uff08\u68c0\u7d22\u4e8e2021\u5e742\u670816\u65e5\uff09 \u8d44\u6599\u6765\u6e90\uff1aYahoo\" \/>\n\t\t<script type=\"application\/ld+json\" class=\"aioseo-schema\">\n\t\t\t{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.hkubs.hku.hk\\\/sc\\\/research\\\/thought-leadership\\\/hkej-column\\\/to-rejuvenate-the-hong-kong-economy-2021\\\/#breadcrumblist\",\"itemListElement\":[{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.hkubs.hku.hk\\\/sc\\\/#listItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.hkubs.hku.hk\\\/sc\\\/\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.hkubs.hku.hk\\\/sc\\\/tag\\\/%e7%8e%af%e7%90%83%e7%bb%8f%e6%b5%8e\\\/#listItem\",\"name\":\"\\u73af\\u7403\\u7ecf\\u6d4e\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.hkubs.hku.hk\\\/sc\\\/tag\\\/%e7%8e%af%e7%90%83%e7%bb%8f%e6%b5%8e\\\/#listItem\",\"position\":2,\"name\":\"\\u73af\\u7403\\u7ecf\\u6d4e\",\"item\":\"https:\\\/\\\/www.hkubs.hku.hk\\\/sc\\\/tag\\\/%e7%8e%af%e7%90%83%e7%bb%8f%e6%b5%8e\\\/\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.hkubs.hku.hk\\\/sc\\\/research\\\/thought-leadership\\\/hkej-column\\\/to-rejuvenate-the-hong-kong-economy-2021\\\/#listItem\",\"name\":\"\\u4e00\\u5e74\\u4e4b\\u8ba1 \\u590d\\u5174\\u7ecf\\u6d4e\"},\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.hkubs.hku.hk\\\/sc\\\/#listItem\",\"name\":\"Home\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.hkubs.hku.hk\\\/sc\\\/research\\\/thought-leadership\\\/hkej-column\\\/to-rejuvenate-the-hong-kong-economy-2021\\\/#listItem\",\"position\":3,\"name\":\"\\u4e00\\u5e74\\u4e4b\\u8ba1 \\u590d\\u5174\\u7ecf\\u6d4e\",\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.hkubs.hku.hk\\\/sc\\\/tag\\\/%e7%8e%af%e7%90%83%e7%bb%8f%e6%b5%8e\\\/#listItem\",\"name\":\"\\u73af\\u7403\\u7ecf\\u6d4e\"}}]},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.hkubs.hku.hk\\\/sc\\\/#organization\",\"name\":\"HKU Business School\",\"url\":\"https:\\\/\\\/www.hkubs.hku.hk\\\/sc\\\/\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.hkubs.hku.hk\\\/sc\\\/research\\\/thought-leadership\\\/hkej-column\\\/to-rejuvenate-the-hong-kong-economy-2021\\\/#webpage\",\"url\":\"https:\\\/\\\/www.hkubs.hku.hk\\\/sc\\\/research\\\/thought-leadership\\\/hkej-column\\\/to-rejuvenate-the-hong-kong-economy-2021\\\/\",\"name\":\"\\u4e00\\u5e74\\u4e4b\\u8ba1 \\u590d\\u5174\\u7ecf\\u6d4e - HKU Business School\",\"description\":\"\\u51a0\\u72b6\\u75c5\\u6bd2\\u75c5\\u75ab\\u60c5\\u521d\\u671f\\uff0c\\u4e00\\u4f17\\u7ecf\\u6d4e\\u5b66\\u5bb6\\u9884\\u6d4b\\uff0c2020\\u5e74\\u5168\\u7403\\u5c06\\u9677\\u51651930\\u5e74\\u4ee3\\u5927\\u8427\\u6761\\u4ee5\\u6765\\u6700\\u4e25\\u91cd\\u8870\\u9000\\uff0c\\u4f46\\u540e\\u6765\\u5219\\u4fee\\u8ba2\\u4e3a\\u4e0e2007\\u81f32009\\u5e74\\u91d1\\u878d\\u6d77\\u5578\\u60c5\\u51b5\\u76f8\\u82e5\\u3002\\u4f8b\\u5982\\u6839\\u636e2020\\u5e745\\u6708\\u300a\\u534e\\u5c14\\u8857\\u65e5\\u62a5\\u300b\\u7684\\u8c03\\u67e5\\uff0c\\u7f8e\\u56fd\\u7ecf\\u6d4e\\u5b66\\u5bb6\\u666e\\u904d\\u9884\\u6d4b\\uff0c\\u540c\\u5e74\\u7f8e\\u56fd\\u7ecf\\u6d4e\\u5c06\\u6536\\u7f296.6%\\uff0c\\u5c5e\\u5927\\u8427\\u6761\\u4ee5\\u6765\\u4e4b\\u6700\\uff1b\\u8054\\u90a6\\u50a8\\u5907\\u5c40\\u5b98\\u5458\\u968f\\u4e8e6\\u6708\\u9884\\u6d4b\\uff0c\\u6536\\u7f29\\u5e45\\u5ea6\\u4e3a6.5% \\u3002 \\u4f46\\u52309\\u6708\\uff0c\\u8054\\u50a8\\u5c40\\u5219\\u5c06\\u7ecf\\u6d4e\\u6536\\u7f29\\u7387\\u4e0b\\u8c03\\u81f33.7%\\uff1b\\u968f\\u7740\\u65b0\\u51a0\\u75ab\\u82d7\\u9646\\u7eed\\u9762\\u4e16\\u53ca\\u7f8e\\u56fd\\u603b\\u7edf\\u5927\\u9009\\u5c18\\u57c3\\u843d\\u5b9a\\uff0c12\\u6708\\u518d\\u6b21\\u4fee\\u8ba2\\u6536\\u7f29\\u5e45\\u5ea6\\u4e3a2.4%\\uff0c\\u8fdc\\u4f4e\\u4e8e\\u91d1\\u878d\\u6d77\\u5578\\u7ed3\\u675f\\u65f64.3%\\u7684\\u6c34\\u5e73\\u3002 12\\u670827\\u65e5\\uff0c\\u7f8e\\u56fd\\u56fd\\u4f1a\\u901a\\u8fc72.3\\u4e07\\u4ebf\\u7f8e\\u5143\\u7684\\u300a\\u65b0\\u51a0\\u75c5\\u6bd2\\u63f4\\u52a9\\u3001\\u6551\\u6d4e\\u548c\\u7ecf\\u6d4e\\u5b89\\u5168\\u6cd5\\u6848\\u300b\\uff0c\\u63d0\\u4f9b9000\\u4ebf\\u7f8e\\u5143\\u523a\\u6fc0\\u6027\\u63f4\\u52a9\\uff0c\\u540c\\u65f6\\u4e3a\\u622a\\u81f32021\\u5e749\\u670830\\u65e5\\u4e3a\\u6b62\\u8054\\u90a6\\u653f\\u5e9c\\u8d22\\u653f\\u5e74\\u5ea6\\u63d0\\u4f9b1.4\\u4e07\\u4ebf\\u7f8e\\u5143\\u8d44\\u91d1\\u3002\\u4e8b\\u5b9e\\u4e0a\\uff0c\\u5168\\u7403\\u591a\\u56fd\\u53bb\\u5e74\\u90fd\\u91c7\\u53d6\\u4e86\\u76f8\\u7c7b\\u7684\\u6269\\u5f20\\u6027\\u8d22\\u653f\\u653f\\u7b56\\uff0c\\u9884\\u8ba1\\u6709\\u5173\\u653f\\u7b56\\u65b9\\u5411\\u57282021\\u5e74\\u4ecd\\u4f1a\\u6301\\u7eed\\u3002 \\u56fd\\u9645\\u8d27\\u5e01\\u4e0e\\u8d38\\u6613 2021\\u5e74\\u4f0a\\u59cb\\uff0c\\u56fd\\u9645\\u8d27\\u5e01\\u57fa\\u91d1\\u7ec4\\u7ec7\\u53d1\\u5e03\\u7684\\u6700\\u65b0\\u4e00\\u671f\\u300a\\u4e16\\u754c\\u7ecf\\u6d4e\\u5c55\\u671b\\u300b\\uff0c\\u9884\\u6d4b\\u672c\\u5e74\\u73af\\u7403\\u7ecf\\u6d4e\\u589e\\u957f\\u4e3a5.5%\\uff0c\\u8f83\\u53bb\\u5e7410\\u6708\\u9884\\u6d4b\\u4e0a\\u8c030.3\\u4e2a\\u767e\\u5206\\u70b9\\u3002\\u523a\\u6fc0\\u589e\\u957f\\u63aa\\u65bd\\u56fa\\u7136\\u91cd\\u8981\\uff0c\\u4f46\\u5982\\u8981\\u590d\\u82cf\\u7a33\\u5065\\uff0c\\u8fd8\\u987b\\u7ba1\\u7406\\u597d\\u75ab\\u60c5\\uff0c\\u5e76\\u6709\\u8d56\\u56fd\\u9645\\u8d38\\u6613\\u5468\\u671f\\u53cd\\u5f39\\u7684\\u52a9\\u529b\\u3002 \\u81ea2020\\u5e743\\u6708\\u4e2d\\u81f3\\u5e74\\u7ec8\\uff0c\\u7f8e\\u5143\\u5bf9\\u4e00\\u7bee\\u5b50\\u8d38\\u6613\\u52a0\\u6743\\u8d27\\u5e01\\u7684\\u6c47\\u7387\\u4ece117\\u4e0b\\u8dcc\\u81f3102.6\\uff0c\\u77ed\\u77ed8\\u4e2a\\u6708\\u95f4\\u8dcc\\u5e45\\u8d85\\u8fc712%\\uff0c\\u5904\\u4e8e\\u8fc7\\u53bb\\u4e24\\u5e74\\u591a\\u7684\\u6700\\u4f4e\\u6c34\\u5e73\\u3010\\u56fe1\\u3011\\u3002\\u7f8e\\u5143\\u4e0e\\u4e3b\\u8981\\u8d27\\u5e01\\u7684\\u5229\\u7387\\u5dee\\u5f02\\u5728\\u75ab\\u60c5\\u671f\\u95f4\\u4e5f\\u5927\\u5e45\\u7f29\\u5c0f\\u3002 \\u7f8e\\u5143\\u8d70\\u5f31\\u867d\\u53ef\\u63d0\\u5347\\u7f8e\\u56fd\\u51fa\\u53e3\\u7684\\u7ade\\u4e89\\u529b\\uff0c\\u4f46\\u540c\\u65f6\\u4f1a\\u56e0\\u8fdb\\u53e3\\u5546\\u54c1\\u8f83\\u6602\\u8d35\\u800c\\u8f93\\u5165\\u901a\\u80c0\\u3002\\u7f8e\\u5143\\u6301\\u7eed\\u8d70\\u5f31\\u7684\\u56e0\\u7d20\\u4e0d\\u5916\\u4e09\\u9879\\uff1a\\u7b2c\\u4e00\\uff0c\\u6709\\u6548\\u75ab\\u82d7\\u9762\\u4e16\\u5e76\\u5728\\u5404\\u56fd\\u5e7f\\u6cdb\\u63a5\\u79cd\\uff0c\\u6709\\u52a9\\u51cf\\u8f7b\\u75ab\\u707e\\u5bf9\\u7ecf\\u6d4e\\u9020\\u6210\\u7684\\u4e0d\\u786e\\u5b9a\\u6027\\u53ca\\u98ce\\u9669\\uff0c\\u800c\\u7f8e\\u5143\\u4f5c\\u4e3a\\u907f\\u9669\\u8d27\\u5e01\\u7684\\u4f5c\\u7528\\u51cf\\u4f4e\\uff0c\\u5219\\u5bfc\\u81f4\\u7f8e\\u5143\\u9700\\u6c42\\u4e0b\\u8dcc\\u3002\\u7b2c\\u4e8c\\uff0c\\u7f8e\\u56fd\\u9488\\u5bf9\\u516c\\u5171\\u536b\\u751f\\u5371\\u673a\\u53ca\\u7ecf\\u6d4e\\u8870\\u9000\\u63d0\\u4f9b\\u4e86\\u975e\\u5e38\\u79ef\\u6781\\u7684\\u6269\\u5f20\\u6027\\u8d27\\u5e01\\u53ca\\u8d22\\u653f\\u5f00\\u652f\\u653f\\u7b56\\uff0c\\u5927\\u5927\\u589e\\u52a0\\u4e86\\u8d27\\u5e01\\u4f9b\\u5e94\\u3002\\u7b2c\\u4e09\\uff0c\\u7f8e\\u56fd\\u4ecd\\u53d7\\u8d22\\u653f\\u9884\\u7b97\\u548c\\u8d38\\u6613\\u7684\\u53cc\\u91cd\\u8d64\\u5b57\\u56f0\\u6270\\u3002 \\u56e0\\u6b64\\uff0c\\u9884\\u671f\\u7f8e\\u5143\\u4eca\\u5e74\\u5c06\\u7ee7\\u7eed\\u504f\\u8f6f\\uff0c\\u5bf9\\u8be5\\u56fd\\u7ecf\\u6d4e\\u6765\\u8bf4\\u65e0\\u7591\\u662f\\u4e00\\u9879\\u5229\\u597d\\u56e0\\u7d20\\uff0c\\u5bf9\\u5168\\u7403\\u7ecf\\u6d4e\\u4e5f\\u6709\\u79ef\\u6781\\u4f5c\\u7528\\u3002\\u539f\\u56e0\\u662f\\u591a\\u6570\\u5927\\u5b97\\u5546\\u54c1\\uff08\\u5982\\u77f3\\u6cb9\\uff09\\u4ee5\\u7f8e\\u5143\\u8ba1\\u4ef7\\uff0c\\u7f8e\\u5143\\u8d70\\u5f31\\u5c06\\u4f7f\\u4e00\\u4e9b\\u5546\\u54c1\\u4ef7\\u683c\\u4e0b\\u964d\\u3002\\u6b64\\u5916\\uff0c\\u5168\\u7403\\u5c24\\u5176\\u662f\\u65b0\\u5174\\u7ecf\\u6d4e\\u4f53\\u7684\\u503a\\u52a1\\uff0c\\u7531\\u4e8e\\u5927\\u90e8\\u5206\\u4ee5\\u7f8e\\u5143\\u501f\\u5165\\uff0c\\u507f\\u8fd8\\u503a\\u52a1\\u6210\\u672c\\u4e5f\\u4f1a\\u968f\\u4e4b\\u964d\\u4f4e\\u3002 \\u75ab\\u4e0b\\u5404\\u5927\\u80a1\\u5e02\\u8868\\u73b0 \\u53bb\\u5e74\\u6295\\u8d44\\u5e02\\u573a\\u51fa\\u73b0\\u4e00\\u4e2a\\u6709\\u8da3\\u73b0\\u8c61\\uff0c\\u5c31\\u662f\\u5404\\u56fd\\u7ecf\\u6d4e\\u56e0\\u75ab\\u60c5\\u800c\\u840e\\u7f29\\u4e4b\\u9645\\uff0c\\u80a1\\u7968\\u5e02\\u573a\\u53cd\\u800c\\u6301\\u7eed\\u4e0a\\u626c\\u3002\\u89c2\\u4e4e\\u80a1\\u5e02\\u4e3b\\u8981\\u53cd\\u6620\\u9884\\u671f\\u4e2d\\u7684\\u7ecf\\u6d4e\\u8868\\u73b0\\uff0c\\u77ed\\u671f\\u800c\\u8a00\\uff0c\\u4e0e\\u7ecf\\u6d4e\\u5b9e\\u51b5\\u7684\\u76f8\\u5173\\u6027\\u5374\\u751a\\u4f4e\\u3002\\u4ee5\\u6052\\u751f\\u6307\\u6570\\u548c\\u9999\\u6e2f\\u7279\\u533a\\u7ecf\\u6d4e\\u4e3a\\u4f8b\\uff0c\\u4ece\\u3010\\u56fe2\\u3011\\u53ef\\u89c1\\u4e24\\u8005\\u572830\\u5e74\\u7684\\u76f8\\u5173\\u6027\\u4e00\\u76f4\\u5e76\\u4e0d\\u7a33\\u5b9a\\u3002 2021\\u5e742\\u6708\\u521d\\uff0c\\u5404\\u5927\\u80a1\\u5e02\\u8868\\u73b0\\u5df2\\u80dc\\u8fc7\\u53bb\\u5e741\\u6708\\u51a0\\u72b6\\u75c5\\u6bd2\\u75c5\\u5c1a\\u672a\\u8513\\u5ef6\\u5168\\u7403\\u4e4b\\u65f6\\u3002\\u4ece2019\\u5e741\\u6708\\u81f32021\\u5e741\\u6708\\uff0c\\u6807\\u666e500\\u6307\\u6570\\u7684\\u4e24\\u5e74\\u56de\\u62a5\\u662f46%\\uff0c\\u65e5\\u7ecf\\u6307\\u6570\\u4e3a42%\\uff0c\\u4e0a\\u8bc1\\u6307\\u6570\\u4e3a41%\\uff0c\\u5fb7\\u56fdDAX\\u4e3a26%\\uff0c\\u800c\\u6052\\u751f\\u6307\\u6570\\u5219\\u53ea\\u67098%\\u3010\\u56fe3\\u3011\\u3002\\u5176\\u5b9e\\u4ece2019\\u5e74\\u7b2c\\u4e00\\u5b63\\u5ea6\\u8d77\\uff0c\\u6052\\u751f\\u6307\\u6570\\u5df2\\u843d\\u540e\\u4e8e\\u73af\\u7403\\u5927\\u5e02\\uff0c\\u7a81\\u663e\\u51fa\\u9999\\u6e2f\\u5185\\u90e8\\u4e89\\u62d7\\u548c\\u793e\\u4f1a\\u52a8\\u8361\\u7684\\u5f71\\u54cd\\u3002 \\u7ecf\\u6d4e\\u590d\\u82cf\\u7684\\u66d9\\u5149 \\u5927\\u591a\\u6570\\u7ecf\\u6d4e\\u4f53\\u9884\\u671f\\u8981\\u52302021\\u5e74\\u4e2d\\u540e\\u671f\\uff0c\\u65b9\\u80fd\\u6062\\u590d\\u5230\\u75ab\\u524d\\u7684\\u5b9e\\u8d28\\u672c\\u5730\\u751f\\u4ea7\\u603b\\u503c\\u6c34\\u5e73\\uff0c\\u5931\\u4e1a\\u7387\\u5219\\u7ef4\\u6301\\u5728\\u5e73\\u5747\\u7ebf\\u4e0a\\u3002\\u56e0\\u6b64\\uff0c\\u5c3d\\u7ba1\\u5b9e\\u65bd\\u8fdb\\u53d6\\u7684\\u523a\\u6fc0\\u63aa\\u65bd\\uff0c\\u7ee7\\u7eed\\u6269\\u5f20\\uff0c\\u4ea6\\u4f1a\\u5728\\u8f83\\u540e\\u65f6\\u95f4\\u624d\\u5448\\u73b0\\u901a\\u80c0\\u538b\\u529b\\u3002\\u7ecf\\u6d4e\\u5408\\u4f5c\\u4e0e\\u53d1\\u5c55\\u7ec4\\u7ec7\\u66fe\\u9884\\u6d4b\\uff0c37\\u4e2a\\u53d1\\u8fbe\\u56fd\\u5bb6\\u57282020\\u5e74\\u5185\\u7684\\u7ecf\\u6d4e\\u6536\\u7f29\\u4e3a5.5%\\uff0c\\u5168\\u7403\\u7ecf\\u6d4e\\u589e\\u957f\\u5219\\u4e0b\\u8c034.2%\\u3002\\u8870\\u9000\\u56f0\\u5883\\u8fd1\\u767e\\u5e74\\u4e00\\u9047\\uff0c\\u4ee4\\u4eba\\u5fe7\\u8651\\u3002 \\u62dc\\u767b\\u653f\\u5e9c\\u4e0a\\u573a\\u521a\\u8fc71\\u4e2a\\u6708\\uff0c\\u7f8e\\u56fd\\u80fd\\u5426\\u5728\\u4e16\\u754c\\u7ecf\\u6d4e\\u91cd\\u62fe\\u9886\\u519b\\u5730\\u4f4d\\uff0c\\u9a71\\u52a8\\u5404\\u56fd\\u8fc8\\u5411\\u7ecf\\u6d4e\\u590d\\u82cf\\uff0c\\u4ecd\\u662f\\u672a\\u77e5\\u4e4b\\u6570\\u3002\\u53cd\\u89c2\\u4e2d\\u56fd\\u56e0\\u80fd\\u6709\\u6548\\u63a7\\u5236\\u75ab\\u60c5\\uff0c\\u751f\\u4ea7\\u529b\\u548c\\u7ecf\\u6d4e\\u6d3b\\u52a8\\u6062\\u590d\\u5f97\\u6700\\u5feb\\u3002\\u56fd\\u5bb6\\u7edf\\u8ba1\\u5c40\\u516c\\u5e03\\u7684\\u591a\\u9879\\u6570\\u636e\\u663e\\u793a\\uff0c2020\\u5e74\\u4e2d\\u671f\\u56fd\\u5185\\u7ecf\\u6d4e\\u5df2\\u5448\\u73b0V\\u5f62\\u53cd\\u5f39\\uff0c5\\u6708\\u4efd\\u6d88\\u8d39\\u7269\\u4ef7\\u6307\\u6570\\u6309\\u5e74\\u4e0a\\u6da82.4%\\u3002\\u52a0\\u4e0a\\u56fd\\u5185\\u56fd\\u5916\\u53cc\\u5faa\\u73af\\u7684\\u7ecf\\u6d4e\\u7b56\\u7565\\uff0c\\u4e2d\\u56fd\\u7ecf\\u6d4e\\u53ef\\u8c13\\u4e00\\u679d\\u72ec\\u79c0\\uff0c\\u6709\\u671b\\u5e26\\u9886\\u5168\\u7403\\u7ecf\\u6d4e\\u5411\\u4e0a\\u3002 \\u91cd\\u91cd\\u56f4\\u56f0\\u6709\\u5f85\\u7a81\\u7834 \\u805a\\u7126\\u672c\\u6e2f\\uff0c\\u6839\\u636e\\u7279\\u533a\\u653f\\u5e9c\\u7edf\\u8ba1\\u5904\\u5728\\u4e0a\\u6708\\u5e95\\u53d1\\u5e032020\\u5e74\\u7684\\u672c\\u5730\\u751f\\u4ea7\\u603b\\u503c\\uff08GDP\\uff09\\u4f30\\u8ba1\\u6570\\u5b57\\uff0c\\u7b2c\\u56db\\u5b63\\u8f83\\u4e0a\\u5e74\\u540c\\u671f\\u5b9e\\u8d28\\u4e0b\\u8dcc3%\\uff0c\\u5168\\u5e74GDP\\u5219\\u6309\\u5e74\\u5b9e\\u8d28\\u4e0b\\u8dcc6.1%\\u3010\\u6ce81\\u3011\\u3002\\u653f\\u5e9c\\u53bb\\u5e74\\u5148\\u540e\\u63a8\\u51fa\\u591a\\u9879\\u7ebe\\u56f0\\u63aa\\u65bd\\uff0c\\u603b\\u503c\\u903e3000\\u4ebf\\u5143\\uff0c\\u4ee5\\u81f4\\u8d22\\u653f\\u50a8\\u5907\\u964d\\u81f3\\u7ea68000\\u4ebf\\u5143\\uff0c\\u76f8\\u5f53\\u4e8e\\u653f\\u5e9c13\\u81f314\\u4e2a\\u6708\\u7684\\u7ecf\\u5e38\\u5f00\\u652f\\uff0c\\u63a5\\u8fd12003\\u5e74\\u300c\\u6c99\\u58eb\\u300d\\u540e\\u7684\\u6c34\\u5e73\\u3002\\u9884\\u6599\\u8d22\\u653f\\u523a\\u6fc0\\u65b9\\u6848\\u5c06\\u9010\\u6b65\\u64a4\\u9664\\uff1b\\u4e3a\\u51cf\\u8f7b\\u8d22\\u653f\\u538b\\u529b\\uff0c\\u653f\\u5e9c\\u4ea6\\u5e94\\u8bbe\\u6cd5\\u5f00\\u6e90\\u3002 \\u6309\\u7edf\\u8ba1\\u5904\\u8d44\\u6599\\uff0c\\u5931\\u4e1a\\u7387\\u75312019\\u5e7412\\u6708\\u76843.7%\\u98d9\\u5347\\u81f32020\\u5e74\\u7b2c\\u56db\\u5b63\\u76846.6%\\uff0c\\u5931\\u4e1a\\u4eba\\u6570\\u8d85\\u8fc724\\u4e07\\uff1b2020\\u5e7410\\u6708\\u81f32021\\u5e741\\u6708\\uff0c\\u5931\\u4e1a\\u7387\\u66f4\\u8fbe7%\\uff0c\\u5931\\u4e1a\\u4eba\\u657025.3\\u4e07\\uff0c\\u521b16\\u5e74\\u6765\\u65b0\\u9ad8\\u3002\\u52b3\\u5de5\\u53ca\\u798f\\u5229\\u5c40\\u5c40\\u957f\\u7f57\\u81f4\\u5149\\u4f30\\u8ba1\\u672c\\u5e74\\u7b2c\\u4e00\\u5b63\\u5931\\u4e1a\\u7387\\u6216\\u4f1a\\u5347\\u81f37.2%\\u624d\\u89c1\\u9876\\uff0c\\u8fd9\\u5c06\\u4f4e\\u4e8e2003\\u5e748.5%\\u7684\\u9876\\u5cf0\\uff1b\\u5931\\u4e1a\\u7387\\u9884\\u8ba1\\u5728\\u4e0b\\u534a\\u5e74\\u7ecf\\u6d4e\\u597d\\u8f6c\\u540e\\u624d\\u4f1a\\u56de\\u843d\\u3002 \\u53e6\\u4e00\\u65b9\\u9762\\uff0c\\u8d2b\\u7a77\\u95ee\\u9898\\u6301\\u7eed\\u6076\\u5316\\u3002\\u7edf\\u8ba1\\u5904\\u6307\\u51fa\\uff0c2019\\u5e74\\u9999\\u6e2f\\u6574\\u4f53\\u7684\\u8d2b\\u7a77\\u4eba\\u53e3\\u4e3a149\\u4e07\\uff0c\\u6bd42018\\u5e74\\u589e\\u52a0\\u4e869\\u4e07\\uff0c\\u8d2b\\u7a77\\u7387\\u753120.4%\\u5347\\u81f321.4%\\u3002\\u7eb5\\u4f7f\\u8fd9\\u6216\\u4e0e\\u4eba\\u53e3\\u9ad8\\u9f84\\u5316\\u6709\\u5173\\uff0c\\u4f462016\\u81f32018\\u5e74\\u95f4\\uff0c\\u9752\\u5e74\\u8d2b\\u7a77\\u7387\\u5374\\u8fde\\u7eed3\\u5e74\\u5f55\\u5f97\\u5347\\u5e45\\uff0c\\u4e3a\\u657090100\\u4eba\\uff0c\\u5360\\u603b\\u8d2b\\u7a77\\u4eba\\u53e38.8%\\u3002 \\u65b0\\u90e8\\u7f72\\u626d\\u8f6c\\u4e7e\\u5764 \\u653e\\u773c\\u56fd\\u9645\\u793e\\u4f1a\\uff0c\\u6b27\\u7f8e\\u653f\\u5e9c\\u7eb7\\u7eb7\\u5b9e\\u65bd\\u4f4e\\u5229\\u7387\\u91cf\\u5bbd\\u653f\\u7b56\\uff0c\\u4e0d\\u6392\\u9664\\u4f1a\\u4ea7\\u751f\\u8d44\\u4ea7\\u6ce1\\u6cab\\u7206\\u7834\\u800c\\u89e6\\u53d1\\u91d1\\u878d\\u5371\\u673a\\uff0c\\u52a0\\u4e0a\\u4fdd\\u62a4\\u4e3b\\u4e49\\u548c\\u5355\\u8fb9\\u4e3b\\u4e49\\u4e58\\u52bf\\u5174\\u8d77\\uff0c\\u56fd\\u9645\\u8d38\\u6613\\u548c\\u6295\\u8d44\\u5927\\u5e45\\u840e\\u7f29\\uff0c\\u5168\\u7403\\u7ecf\\u6d4e\\u3001\\u79d1\\u6280\\u3001\\u653f\\u6cbb\\u5747\\u9762\\u4e34\\u5de8\\u53d8\\u3002 \\u73af\\u7403\\u7ecf\\u6d4e\\u77ed\\u671f\\u5185\\u80fd\\u5426\\u907f\\u514d\\u8870\\u9000\\uff0c\\u53d6\\u51b3\\u4e8e\\u4ee5\\u4e0b\\u56e0\\u7d20\\uff1a\\u75ab\\u60c5\\u7684\\u51b2\\u51fb\\u4f1a\\u5426\\u6301\\u7eed\\u4e0b\\u53bb\\uff1f\\u5404\\u7ecf\\u6d4e\\u4f53\\u80fd\\u5426\\u91cd\\u5efa\\u4f9b\\u5e94\\u94fe\\u4ee5\\u6539\\u5584\\u4e16\\u754c\\u8d38\\u6613\\uff1f\\u75ab\\u60c5\\u4f1a\\u5426\\u7ed3\\u6784\\u6027\\u524a\\u5f31\\u52b3\\u5de5\\u5e02\\u573a\\u6216\\u5bf9\\u7ecf\\u6d4e\\u9700\\u6c42\\u9020\\u6210\\u6c38\\u4e45\\u7ed3\\u6784\\u6027\\u635f\\u5931\\uff1f \\u5f53\\u524d\\u4e2d\\u56fd\\u7ecf\\u6d4e\\u5df2\\u7531\\u9ad8\\u901f\\u589e\\u957f\\u9636\\u6bb5\\u8f6c\\u5411\\u9ad8\\u8d28\\u91cf\\u53d1\\u5c55\\u9636\\u6bb5\\uff0c\\u5728\\u56fd\\u5185\\u56fd\\u9645\\u53cc\\u5faa\\u73af\\u7b56\\u7565\\u4e0b\\uff0c\\u9999\\u6e2f\\u7ecf\\u6d4e\\u590d\\u82cf\\u5219\\u53d6\\u51b3\\u4e8e\\u4ee5\\u4e0b\\u51e0\\u4e2a\\u56e0\\u7d20\\u3002\\u5f53\\u65b0\\u51a0\\u75ab\\u82d7\\u5e7f\\u6cdb\\u63a5\\u79cd\\u540e\\uff0c\\u9884\\u671f\\u7ecf\\u6d4e\\u53ef\\u5feb\\u901f\\u6062\\u590d\\uff0c\\u5e02\\u6c11\\u6d88\\u8d39\\u53ef\\u671b\\u5f39\\u529b\\u53cd\\u5f39\\u3002\\u5065\\u5eb7\\u7801\\u53ca\\u68c0\\u75ab\\u63aa\\u65bd\\u82e5\\u80fd\\u5168\\u9762\\u843d\\u5b9e\\uff0c\\u5219\\u53ef\\u671b\\u5728\\u7b2c\\u4e8c\\u5b63\\u672b\\u81f3\\u7b2c\\u4e09\\u5b63\\u521d\\u4e0e\\u5185\\u5730\\u91cd\\u65b0\\u901a\\u5173\\uff0c\\u800c\\u4ee4\\u96f6\\u552e\\u53ca\\u670d\\u52a1\\u884c\\u4e1a\\u590d\\u82cf\\u3002\\u7ecf\\u6d4e\\u91cd\\u62fe\\u6b63\\u8f68\\u6709\\u52a9\\u7279\\u533a\\u653f\\u5e9c\\u89e3\\u51b3\\u8d2b\\u5bcc\\u60ac\\u6b8a\\u7b49\\u8001\\u5927\\u96be\\u95ee\\u9898\\uff0c\\u6b63\\u5982\\u7b14\\u8005\\u5728\\u672c\\u680f\\u4e3a\\u6587\\u5206\\u6790\\u3010\\u6ce82\\u3011\\uff0c\\u653f\\u5e9c\\u5fc5\\u987b\\u91cd\\u5efa\\u7f6e\\u4e1a\\u9636\\u68af\\uff0c\\u4ee5\\u6539\\u5584\\u793e\\u4f1a\\u4e0d\\u5747\\u73b0\\u8c61\\u3002 \\u7ecf\\u5386\\u4e24\\u5e74\\u6765\\u5185\\u5916\\u4ea4\\u56f0\\uff0c\\u867d\\u7136\\u5916\\u8d44\\u672a\\u6709\\u660e\\u663e\\u64a4\\u79bb\\u9999\\u6e2f\\u7684\\u8ff9\\u8c61\\uff0c\\u4f46\\u897f\\u65b9\\u56fd\\u5bb6\\u4ee5\\u81f3\\u90bb\\u56fd\\u5982\\u65b0\\u52a0\\u5761\\uff0c\\u5747\\u9510\\u610f\\u5438\\u7eb3\\u9999\\u6e2f\\u7684\\u4eba\\u624d\\u3001\\u6280\\u672f\\u548c\\u8d44\\u91d1\\u3002\\u867d\\u7136\\u672c\\u5730\\u7684\\u7b80\\u5355\\u4f4e\\u7a0e\\u5236\\u3001\\u81ea\\u7531\\u8425\\u5546\\u73af\\u5883\\u3001\\u5b8c\\u5584\\u7684\\u53f8\\u6cd5\\u5236\\u5ea6\\uff0c\\u4ecd\\u7136\\u662f\\u5438\\u5f15\\u5916\\u8d44\\u7559\\u6e2f\\u7684\\u91cd\\u8981\\u5143\\u7d20\\uff0c\\u4f46\\u7279\\u533a\\u653f\\u5e9c\\u4e0d\\u53ef\\u6389\\u4ee5\\u8f7b\\u5fc3\\u3002\\u8d44\\u91d1\\u80fd\\u5426\\u81ea\\u7531\\u8fdb\\u51fa\\uff0c\\u4e5f\\u662f\\u5916\\u6765\\u6295\\u8d44\\u8005\\u7684\\u91cd\\u8981\\u8003\\u8651\\u56e0\\u7d20\\uff0c\\u6bd5\\u7adf\\u56fd\\u9645\\u91d1\\u878d\\u4e2d\\u5fc3\\u5b9a\\u4f4d\\u53d6\\u51b3\\u4e8e\\u300c\\u4fe1\\u5fc3\\u300d\\u4e8c\\u5b57\\u3002\\u5982\\u4f55\\u5de9\\u56fa\\u8de8\\u56fd\\u4f01\\u4e1a\\u548c\\u56fd\\u9645\\u6295\\u8d44\\u8005\\u5bf9\\u9999\\u6e2f\\u4f5c\\u4e3a\\u4e9a\\u6d32\\u56fd\\u9645\\u90fd\\u4f1a\\u7684\\u4fe1\\u5fc3\\uff0c\\u5b9e\\u4e43\\u7279\\u533a\\u653f\\u5e9c\\u5f53\\u52a1\\u4e4b\\u6025\\u3002 \\u8d44\\u6599\\u6765\\u6e90\\uff1aTrade Weighted U.S. Dollar Index: Broad, Goods and Services (DTWEXBGS) | FRED | St. Louis Fed\\uff08\\u68c0\\u7d22\\u4e8e2021\\u5e742\\u670816\\u65e5\\uff09 \\u8d44\\u6599\\u6765\\u6e90\\uff1a^HSI 30,792.85 148.12 0.48% : HANG SENG INDEX - Yahoo Finance\\uff08\\u68c0\\u7d22\\u4e8e2021\\u5e742\\u670816\\u65e5\\uff09 \\u8d44\\u6599\\u6765\\u6e90\\uff1aYahoo\",\"inLanguage\":\"zh-CN\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.hkubs.hku.hk\\\/sc\\\/#website\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.hkubs.hku.hk\\\/sc\\\/research\\\/thought-leadership\\\/hkej-column\\\/to-rejuvenate-the-hong-kong-economy-2021\\\/#breadcrumblist\"},\"datePublished\":\"2021-02-25T09:00:16+08:00\",\"dateModified\":\"2021-05-07T16:39:42+08:00\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.hkubs.hku.hk\\\/sc\\\/#website\",\"url\":\"https:\\\/\\\/www.hkubs.hku.hk\\\/sc\\\/\",\"name\":\"HKU Business School\",\"inLanguage\":\"zh-CN\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.hkubs.hku.hk\\\/sc\\\/#organization\"}}]}\n\t\t<\/script>\n\t\t<!-- All in One SEO -->\n\n","aioseo_head_json":{"title":"\u4e00\u5e74\u4e4b\u8ba1 \u590d\u5174\u7ecf\u6d4e - HKU Business School","description":"\u51a0\u72b6\u75c5\u6bd2\u75c5\u75ab\u60c5\u521d\u671f\uff0c\u4e00\u4f17\u7ecf\u6d4e\u5b66\u5bb6\u9884\u6d4b\uff0c2020\u5e74\u5168\u7403\u5c06\u9677\u51651930\u5e74\u4ee3\u5927\u8427\u6761\u4ee5\u6765\u6700\u4e25\u91cd\u8870\u9000\uff0c\u4f46\u540e\u6765\u5219\u4fee\u8ba2\u4e3a\u4e0e2007\u81f32009\u5e74\u91d1\u878d\u6d77\u5578\u60c5\u51b5\u76f8\u82e5\u3002\u4f8b\u5982\u6839\u636e2020\u5e745\u6708\u300a\u534e\u5c14\u8857\u65e5\u62a5\u300b\u7684\u8c03\u67e5\uff0c\u7f8e\u56fd\u7ecf\u6d4e\u5b66\u5bb6\u666e\u904d\u9884\u6d4b\uff0c\u540c\u5e74\u7f8e\u56fd\u7ecf\u6d4e\u5c06\u6536\u7f296.6%\uff0c\u5c5e\u5927\u8427\u6761\u4ee5\u6765\u4e4b\u6700\uff1b\u8054\u90a6\u50a8\u5907\u5c40\u5b98\u5458\u968f\u4e8e6\u6708\u9884\u6d4b\uff0c\u6536\u7f29\u5e45\u5ea6\u4e3a6.5% \u3002 \u4f46\u52309\u6708\uff0c\u8054\u50a8\u5c40\u5219\u5c06\u7ecf\u6d4e\u6536\u7f29\u7387\u4e0b\u8c03\u81f33.7%\uff1b\u968f\u7740\u65b0\u51a0\u75ab\u82d7\u9646\u7eed\u9762\u4e16\u53ca\u7f8e\u56fd\u603b\u7edf\u5927\u9009\u5c18\u57c3\u843d\u5b9a\uff0c12\u6708\u518d\u6b21\u4fee\u8ba2\u6536\u7f29\u5e45\u5ea6\u4e3a2.4%\uff0c\u8fdc\u4f4e\u4e8e\u91d1\u878d\u6d77\u5578\u7ed3\u675f\u65f64.3%\u7684\u6c34\u5e73\u3002 12\u670827\u65e5\uff0c\u7f8e\u56fd\u56fd\u4f1a\u901a\u8fc72.3\u4e07\u4ebf\u7f8e\u5143\u7684\u300a\u65b0\u51a0\u75c5\u6bd2\u63f4\u52a9\u3001\u6551\u6d4e\u548c\u7ecf\u6d4e\u5b89\u5168\u6cd5\u6848\u300b\uff0c\u63d0\u4f9b9000\u4ebf\u7f8e\u5143\u523a\u6fc0\u6027\u63f4\u52a9\uff0c\u540c\u65f6\u4e3a\u622a\u81f32021\u5e749\u670830\u65e5\u4e3a\u6b62\u8054\u90a6\u653f\u5e9c\u8d22\u653f\u5e74\u5ea6\u63d0\u4f9b1.4\u4e07\u4ebf\u7f8e\u5143\u8d44\u91d1\u3002\u4e8b\u5b9e\u4e0a\uff0c\u5168\u7403\u591a\u56fd\u53bb\u5e74\u90fd\u91c7\u53d6\u4e86\u76f8\u7c7b\u7684\u6269\u5f20\u6027\u8d22\u653f\u653f\u7b56\uff0c\u9884\u8ba1\u6709\u5173\u653f\u7b56\u65b9\u5411\u57282021\u5e74\u4ecd\u4f1a\u6301\u7eed\u3002 \u56fd\u9645\u8d27\u5e01\u4e0e\u8d38\u6613 2021\u5e74\u4f0a\u59cb\uff0c\u56fd\u9645\u8d27\u5e01\u57fa\u91d1\u7ec4\u7ec7\u53d1\u5e03\u7684\u6700\u65b0\u4e00\u671f\u300a\u4e16\u754c\u7ecf\u6d4e\u5c55\u671b\u300b\uff0c\u9884\u6d4b\u672c\u5e74\u73af\u7403\u7ecf\u6d4e\u589e\u957f\u4e3a5.5%\uff0c\u8f83\u53bb\u5e7410\u6708\u9884\u6d4b\u4e0a\u8c030.3\u4e2a\u767e\u5206\u70b9\u3002\u523a\u6fc0\u589e\u957f\u63aa\u65bd\u56fa\u7136\u91cd\u8981\uff0c\u4f46\u5982\u8981\u590d\u82cf\u7a33\u5065\uff0c\u8fd8\u987b\u7ba1\u7406\u597d\u75ab\u60c5\uff0c\u5e76\u6709\u8d56\u56fd\u9645\u8d38\u6613\u5468\u671f\u53cd\u5f39\u7684\u52a9\u529b\u3002 \u81ea2020\u5e743\u6708\u4e2d\u81f3\u5e74\u7ec8\uff0c\u7f8e\u5143\u5bf9\u4e00\u7bee\u5b50\u8d38\u6613\u52a0\u6743\u8d27\u5e01\u7684\u6c47\u7387\u4ece117\u4e0b\u8dcc\u81f3102.6\uff0c\u77ed\u77ed8\u4e2a\u6708\u95f4\u8dcc\u5e45\u8d85\u8fc712%\uff0c\u5904\u4e8e\u8fc7\u53bb\u4e24\u5e74\u591a\u7684\u6700\u4f4e\u6c34\u5e73\u3010\u56fe1\u3011\u3002\u7f8e\u5143\u4e0e\u4e3b\u8981\u8d27\u5e01\u7684\u5229\u7387\u5dee\u5f02\u5728\u75ab\u60c5\u671f\u95f4\u4e5f\u5927\u5e45\u7f29\u5c0f\u3002 \u7f8e\u5143\u8d70\u5f31\u867d\u53ef\u63d0\u5347\u7f8e\u56fd\u51fa\u53e3\u7684\u7ade\u4e89\u529b\uff0c\u4f46\u540c\u65f6\u4f1a\u56e0\u8fdb\u53e3\u5546\u54c1\u8f83\u6602\u8d35\u800c\u8f93\u5165\u901a\u80c0\u3002\u7f8e\u5143\u6301\u7eed\u8d70\u5f31\u7684\u56e0\u7d20\u4e0d\u5916\u4e09\u9879\uff1a\u7b2c\u4e00\uff0c\u6709\u6548\u75ab\u82d7\u9762\u4e16\u5e76\u5728\u5404\u56fd\u5e7f\u6cdb\u63a5\u79cd\uff0c\u6709\u52a9\u51cf\u8f7b\u75ab\u707e\u5bf9\u7ecf\u6d4e\u9020\u6210\u7684\u4e0d\u786e\u5b9a\u6027\u53ca\u98ce\u9669\uff0c\u800c\u7f8e\u5143\u4f5c\u4e3a\u907f\u9669\u8d27\u5e01\u7684\u4f5c\u7528\u51cf\u4f4e\uff0c\u5219\u5bfc\u81f4\u7f8e\u5143\u9700\u6c42\u4e0b\u8dcc\u3002\u7b2c\u4e8c\uff0c\u7f8e\u56fd\u9488\u5bf9\u516c\u5171\u536b\u751f\u5371\u673a\u53ca\u7ecf\u6d4e\u8870\u9000\u63d0\u4f9b\u4e86\u975e\u5e38\u79ef\u6781\u7684\u6269\u5f20\u6027\u8d27\u5e01\u53ca\u8d22\u653f\u5f00\u652f\u653f\u7b56\uff0c\u5927\u5927\u589e\u52a0\u4e86\u8d27\u5e01\u4f9b\u5e94\u3002\u7b2c\u4e09\uff0c\u7f8e\u56fd\u4ecd\u53d7\u8d22\u653f\u9884\u7b97\u548c\u8d38\u6613\u7684\u53cc\u91cd\u8d64\u5b57\u56f0\u6270\u3002 \u56e0\u6b64\uff0c\u9884\u671f\u7f8e\u5143\u4eca\u5e74\u5c06\u7ee7\u7eed\u504f\u8f6f\uff0c\u5bf9\u8be5\u56fd\u7ecf\u6d4e\u6765\u8bf4\u65e0\u7591\u662f\u4e00\u9879\u5229\u597d\u56e0\u7d20\uff0c\u5bf9\u5168\u7403\u7ecf\u6d4e\u4e5f\u6709\u79ef\u6781\u4f5c\u7528\u3002\u539f\u56e0\u662f\u591a\u6570\u5927\u5b97\u5546\u54c1\uff08\u5982\u77f3\u6cb9\uff09\u4ee5\u7f8e\u5143\u8ba1\u4ef7\uff0c\u7f8e\u5143\u8d70\u5f31\u5c06\u4f7f\u4e00\u4e9b\u5546\u54c1\u4ef7\u683c\u4e0b\u964d\u3002\u6b64\u5916\uff0c\u5168\u7403\u5c24\u5176\u662f\u65b0\u5174\u7ecf\u6d4e\u4f53\u7684\u503a\u52a1\uff0c\u7531\u4e8e\u5927\u90e8\u5206\u4ee5\u7f8e\u5143\u501f\u5165\uff0c\u507f\u8fd8\u503a\u52a1\u6210\u672c\u4e5f\u4f1a\u968f\u4e4b\u964d\u4f4e\u3002 \u75ab\u4e0b\u5404\u5927\u80a1\u5e02\u8868\u73b0 \u53bb\u5e74\u6295\u8d44\u5e02\u573a\u51fa\u73b0\u4e00\u4e2a\u6709\u8da3\u73b0\u8c61\uff0c\u5c31\u662f\u5404\u56fd\u7ecf\u6d4e\u56e0\u75ab\u60c5\u800c\u840e\u7f29\u4e4b\u9645\uff0c\u80a1\u7968\u5e02\u573a\u53cd\u800c\u6301\u7eed\u4e0a\u626c\u3002\u89c2\u4e4e\u80a1\u5e02\u4e3b\u8981\u53cd\u6620\u9884\u671f\u4e2d\u7684\u7ecf\u6d4e\u8868\u73b0\uff0c\u77ed\u671f\u800c\u8a00\uff0c\u4e0e\u7ecf\u6d4e\u5b9e\u51b5\u7684\u76f8\u5173\u6027\u5374\u751a\u4f4e\u3002\u4ee5\u6052\u751f\u6307\u6570\u548c\u9999\u6e2f\u7279\u533a\u7ecf\u6d4e\u4e3a\u4f8b\uff0c\u4ece\u3010\u56fe2\u3011\u53ef\u89c1\u4e24\u8005\u572830\u5e74\u7684\u76f8\u5173\u6027\u4e00\u76f4\u5e76\u4e0d\u7a33\u5b9a\u3002 2021\u5e742\u6708\u521d\uff0c\u5404\u5927\u80a1\u5e02\u8868\u73b0\u5df2\u80dc\u8fc7\u53bb\u5e741\u6708\u51a0\u72b6\u75c5\u6bd2\u75c5\u5c1a\u672a\u8513\u5ef6\u5168\u7403\u4e4b\u65f6\u3002\u4ece2019\u5e741\u6708\u81f32021\u5e741\u6708\uff0c\u6807\u666e500\u6307\u6570\u7684\u4e24\u5e74\u56de\u62a5\u662f46%\uff0c\u65e5\u7ecf\u6307\u6570\u4e3a42%\uff0c\u4e0a\u8bc1\u6307\u6570\u4e3a41%\uff0c\u5fb7\u56fdDAX\u4e3a26%\uff0c\u800c\u6052\u751f\u6307\u6570\u5219\u53ea\u67098%\u3010\u56fe3\u3011\u3002\u5176\u5b9e\u4ece2019\u5e74\u7b2c\u4e00\u5b63\u5ea6\u8d77\uff0c\u6052\u751f\u6307\u6570\u5df2\u843d\u540e\u4e8e\u73af\u7403\u5927\u5e02\uff0c\u7a81\u663e\u51fa\u9999\u6e2f\u5185\u90e8\u4e89\u62d7\u548c\u793e\u4f1a\u52a8\u8361\u7684\u5f71\u54cd\u3002 \u7ecf\u6d4e\u590d\u82cf\u7684\u66d9\u5149 \u5927\u591a\u6570\u7ecf\u6d4e\u4f53\u9884\u671f\u8981\u52302021\u5e74\u4e2d\u540e\u671f\uff0c\u65b9\u80fd\u6062\u590d\u5230\u75ab\u524d\u7684\u5b9e\u8d28\u672c\u5730\u751f\u4ea7\u603b\u503c\u6c34\u5e73\uff0c\u5931\u4e1a\u7387\u5219\u7ef4\u6301\u5728\u5e73\u5747\u7ebf\u4e0a\u3002\u56e0\u6b64\uff0c\u5c3d\u7ba1\u5b9e\u65bd\u8fdb\u53d6\u7684\u523a\u6fc0\u63aa\u65bd\uff0c\u7ee7\u7eed\u6269\u5f20\uff0c\u4ea6\u4f1a\u5728\u8f83\u540e\u65f6\u95f4\u624d\u5448\u73b0\u901a\u80c0\u538b\u529b\u3002\u7ecf\u6d4e\u5408\u4f5c\u4e0e\u53d1\u5c55\u7ec4\u7ec7\u66fe\u9884\u6d4b\uff0c37\u4e2a\u53d1\u8fbe\u56fd\u5bb6\u57282020\u5e74\u5185\u7684\u7ecf\u6d4e\u6536\u7f29\u4e3a5.5%\uff0c\u5168\u7403\u7ecf\u6d4e\u589e\u957f\u5219\u4e0b\u8c034.2%\u3002\u8870\u9000\u56f0\u5883\u8fd1\u767e\u5e74\u4e00\u9047\uff0c\u4ee4\u4eba\u5fe7\u8651\u3002 \u62dc\u767b\u653f\u5e9c\u4e0a\u573a\u521a\u8fc71\u4e2a\u6708\uff0c\u7f8e\u56fd\u80fd\u5426\u5728\u4e16\u754c\u7ecf\u6d4e\u91cd\u62fe\u9886\u519b\u5730\u4f4d\uff0c\u9a71\u52a8\u5404\u56fd\u8fc8\u5411\u7ecf\u6d4e\u590d\u82cf\uff0c\u4ecd\u662f\u672a\u77e5\u4e4b\u6570\u3002\u53cd\u89c2\u4e2d\u56fd\u56e0\u80fd\u6709\u6548\u63a7\u5236\u75ab\u60c5\uff0c\u751f\u4ea7\u529b\u548c\u7ecf\u6d4e\u6d3b\u52a8\u6062\u590d\u5f97\u6700\u5feb\u3002\u56fd\u5bb6\u7edf\u8ba1\u5c40\u516c\u5e03\u7684\u591a\u9879\u6570\u636e\u663e\u793a\uff0c2020\u5e74\u4e2d\u671f\u56fd\u5185\u7ecf\u6d4e\u5df2\u5448\u73b0V\u5f62\u53cd\u5f39\uff0c5\u6708\u4efd\u6d88\u8d39\u7269\u4ef7\u6307\u6570\u6309\u5e74\u4e0a\u6da82.4%\u3002\u52a0\u4e0a\u56fd\u5185\u56fd\u5916\u53cc\u5faa\u73af\u7684\u7ecf\u6d4e\u7b56\u7565\uff0c\u4e2d\u56fd\u7ecf\u6d4e\u53ef\u8c13\u4e00\u679d\u72ec\u79c0\uff0c\u6709\u671b\u5e26\u9886\u5168\u7403\u7ecf\u6d4e\u5411\u4e0a\u3002 \u91cd\u91cd\u56f4\u56f0\u6709\u5f85\u7a81\u7834 \u805a\u7126\u672c\u6e2f\uff0c\u6839\u636e\u7279\u533a\u653f\u5e9c\u7edf\u8ba1\u5904\u5728\u4e0a\u6708\u5e95\u53d1\u5e032020\u5e74\u7684\u672c\u5730\u751f\u4ea7\u603b\u503c\uff08GDP\uff09\u4f30\u8ba1\u6570\u5b57\uff0c\u7b2c\u56db\u5b63\u8f83\u4e0a\u5e74\u540c\u671f\u5b9e\u8d28\u4e0b\u8dcc3%\uff0c\u5168\u5e74GDP\u5219\u6309\u5e74\u5b9e\u8d28\u4e0b\u8dcc6.1%\u3010\u6ce81\u3011\u3002\u653f\u5e9c\u53bb\u5e74\u5148\u540e\u63a8\u51fa\u591a\u9879\u7ebe\u56f0\u63aa\u65bd\uff0c\u603b\u503c\u903e3000\u4ebf\u5143\uff0c\u4ee5\u81f4\u8d22\u653f\u50a8\u5907\u964d\u81f3\u7ea68000\u4ebf\u5143\uff0c\u76f8\u5f53\u4e8e\u653f\u5e9c13\u81f314\u4e2a\u6708\u7684\u7ecf\u5e38\u5f00\u652f\uff0c\u63a5\u8fd12003\u5e74\u300c\u6c99\u58eb\u300d\u540e\u7684\u6c34\u5e73\u3002\u9884\u6599\u8d22\u653f\u523a\u6fc0\u65b9\u6848\u5c06\u9010\u6b65\u64a4\u9664\uff1b\u4e3a\u51cf\u8f7b\u8d22\u653f\u538b\u529b\uff0c\u653f\u5e9c\u4ea6\u5e94\u8bbe\u6cd5\u5f00\u6e90\u3002 \u6309\u7edf\u8ba1\u5904\u8d44\u6599\uff0c\u5931\u4e1a\u7387\u75312019\u5e7412\u6708\u76843.7%\u98d9\u5347\u81f32020\u5e74\u7b2c\u56db\u5b63\u76846.6%\uff0c\u5931\u4e1a\u4eba\u6570\u8d85\u8fc724\u4e07\uff1b2020\u5e7410\u6708\u81f32021\u5e741\u6708\uff0c\u5931\u4e1a\u7387\u66f4\u8fbe7%\uff0c\u5931\u4e1a\u4eba\u657025.3\u4e07\uff0c\u521b16\u5e74\u6765\u65b0\u9ad8\u3002\u52b3\u5de5\u53ca\u798f\u5229\u5c40\u5c40\u957f\u7f57\u81f4\u5149\u4f30\u8ba1\u672c\u5e74\u7b2c\u4e00\u5b63\u5931\u4e1a\u7387\u6216\u4f1a\u5347\u81f37.2%\u624d\u89c1\u9876\uff0c\u8fd9\u5c06\u4f4e\u4e8e2003\u5e748.5%\u7684\u9876\u5cf0\uff1b\u5931\u4e1a\u7387\u9884\u8ba1\u5728\u4e0b\u534a\u5e74\u7ecf\u6d4e\u597d\u8f6c\u540e\u624d\u4f1a\u56de\u843d\u3002 \u53e6\u4e00\u65b9\u9762\uff0c\u8d2b\u7a77\u95ee\u9898\u6301\u7eed\u6076\u5316\u3002\u7edf\u8ba1\u5904\u6307\u51fa\uff0c2019\u5e74\u9999\u6e2f\u6574\u4f53\u7684\u8d2b\u7a77\u4eba\u53e3\u4e3a149\u4e07\uff0c\u6bd42018\u5e74\u589e\u52a0\u4e869\u4e07\uff0c\u8d2b\u7a77\u7387\u753120.4%\u5347\u81f321.4%\u3002\u7eb5\u4f7f\u8fd9\u6216\u4e0e\u4eba\u53e3\u9ad8\u9f84\u5316\u6709\u5173\uff0c\u4f462016\u81f32018\u5e74\u95f4\uff0c\u9752\u5e74\u8d2b\u7a77\u7387\u5374\u8fde\u7eed3\u5e74\u5f55\u5f97\u5347\u5e45\uff0c\u4e3a\u657090100\u4eba\uff0c\u5360\u603b\u8d2b\u7a77\u4eba\u53e38.8%\u3002 \u65b0\u90e8\u7f72\u626d\u8f6c\u4e7e\u5764 \u653e\u773c\u56fd\u9645\u793e\u4f1a\uff0c\u6b27\u7f8e\u653f\u5e9c\u7eb7\u7eb7\u5b9e\u65bd\u4f4e\u5229\u7387\u91cf\u5bbd\u653f\u7b56\uff0c\u4e0d\u6392\u9664\u4f1a\u4ea7\u751f\u8d44\u4ea7\u6ce1\u6cab\u7206\u7834\u800c\u89e6\u53d1\u91d1\u878d\u5371\u673a\uff0c\u52a0\u4e0a\u4fdd\u62a4\u4e3b\u4e49\u548c\u5355\u8fb9\u4e3b\u4e49\u4e58\u52bf\u5174\u8d77\uff0c\u56fd\u9645\u8d38\u6613\u548c\u6295\u8d44\u5927\u5e45\u840e\u7f29\uff0c\u5168\u7403\u7ecf\u6d4e\u3001\u79d1\u6280\u3001\u653f\u6cbb\u5747\u9762\u4e34\u5de8\u53d8\u3002 \u73af\u7403\u7ecf\u6d4e\u77ed\u671f\u5185\u80fd\u5426\u907f\u514d\u8870\u9000\uff0c\u53d6\u51b3\u4e8e\u4ee5\u4e0b\u56e0\u7d20\uff1a\u75ab\u60c5\u7684\u51b2\u51fb\u4f1a\u5426\u6301\u7eed\u4e0b\u53bb\uff1f\u5404\u7ecf\u6d4e\u4f53\u80fd\u5426\u91cd\u5efa\u4f9b\u5e94\u94fe\u4ee5\u6539\u5584\u4e16\u754c\u8d38\u6613\uff1f\u75ab\u60c5\u4f1a\u5426\u7ed3\u6784\u6027\u524a\u5f31\u52b3\u5de5\u5e02\u573a\u6216\u5bf9\u7ecf\u6d4e\u9700\u6c42\u9020\u6210\u6c38\u4e45\u7ed3\u6784\u6027\u635f\u5931\uff1f \u5f53\u524d\u4e2d\u56fd\u7ecf\u6d4e\u5df2\u7531\u9ad8\u901f\u589e\u957f\u9636\u6bb5\u8f6c\u5411\u9ad8\u8d28\u91cf\u53d1\u5c55\u9636\u6bb5\uff0c\u5728\u56fd\u5185\u56fd\u9645\u53cc\u5faa\u73af\u7b56\u7565\u4e0b\uff0c\u9999\u6e2f\u7ecf\u6d4e\u590d\u82cf\u5219\u53d6\u51b3\u4e8e\u4ee5\u4e0b\u51e0\u4e2a\u56e0\u7d20\u3002\u5f53\u65b0\u51a0\u75ab\u82d7\u5e7f\u6cdb\u63a5\u79cd\u540e\uff0c\u9884\u671f\u7ecf\u6d4e\u53ef\u5feb\u901f\u6062\u590d\uff0c\u5e02\u6c11\u6d88\u8d39\u53ef\u671b\u5f39\u529b\u53cd\u5f39\u3002\u5065\u5eb7\u7801\u53ca\u68c0\u75ab\u63aa\u65bd\u82e5\u80fd\u5168\u9762\u843d\u5b9e\uff0c\u5219\u53ef\u671b\u5728\u7b2c\u4e8c\u5b63\u672b\u81f3\u7b2c\u4e09\u5b63\u521d\u4e0e\u5185\u5730\u91cd\u65b0\u901a\u5173\uff0c\u800c\u4ee4\u96f6\u552e\u53ca\u670d\u52a1\u884c\u4e1a\u590d\u82cf\u3002\u7ecf\u6d4e\u91cd\u62fe\u6b63\u8f68\u6709\u52a9\u7279\u533a\u653f\u5e9c\u89e3\u51b3\u8d2b\u5bcc\u60ac\u6b8a\u7b49\u8001\u5927\u96be\u95ee\u9898\uff0c\u6b63\u5982\u7b14\u8005\u5728\u672c\u680f\u4e3a\u6587\u5206\u6790\u3010\u6ce82\u3011\uff0c\u653f\u5e9c\u5fc5\u987b\u91cd\u5efa\u7f6e\u4e1a\u9636\u68af\uff0c\u4ee5\u6539\u5584\u793e\u4f1a\u4e0d\u5747\u73b0\u8c61\u3002 \u7ecf\u5386\u4e24\u5e74\u6765\u5185\u5916\u4ea4\u56f0\uff0c\u867d\u7136\u5916\u8d44\u672a\u6709\u660e\u663e\u64a4\u79bb\u9999\u6e2f\u7684\u8ff9\u8c61\uff0c\u4f46\u897f\u65b9\u56fd\u5bb6\u4ee5\u81f3\u90bb\u56fd\u5982\u65b0\u52a0\u5761\uff0c\u5747\u9510\u610f\u5438\u7eb3\u9999\u6e2f\u7684\u4eba\u624d\u3001\u6280\u672f\u548c\u8d44\u91d1\u3002\u867d\u7136\u672c\u5730\u7684\u7b80\u5355\u4f4e\u7a0e\u5236\u3001\u81ea\u7531\u8425\u5546\u73af\u5883\u3001\u5b8c\u5584\u7684\u53f8\u6cd5\u5236\u5ea6\uff0c\u4ecd\u7136\u662f\u5438\u5f15\u5916\u8d44\u7559\u6e2f\u7684\u91cd\u8981\u5143\u7d20\uff0c\u4f46\u7279\u533a\u653f\u5e9c\u4e0d\u53ef\u6389\u4ee5\u8f7b\u5fc3\u3002\u8d44\u91d1\u80fd\u5426\u81ea\u7531\u8fdb\u51fa\uff0c\u4e5f\u662f\u5916\u6765\u6295\u8d44\u8005\u7684\u91cd\u8981\u8003\u8651\u56e0\u7d20\uff0c\u6bd5\u7adf\u56fd\u9645\u91d1\u878d\u4e2d\u5fc3\u5b9a\u4f4d\u53d6\u51b3\u4e8e\u300c\u4fe1\u5fc3\u300d\u4e8c\u5b57\u3002\u5982\u4f55\u5de9\u56fa\u8de8\u56fd\u4f01\u4e1a\u548c\u56fd\u9645\u6295\u8d44\u8005\u5bf9\u9999\u6e2f\u4f5c\u4e3a\u4e9a\u6d32\u56fd\u9645\u90fd\u4f1a\u7684\u4fe1\u5fc3\uff0c\u5b9e\u4e43\u7279\u533a\u653f\u5e9c\u5f53\u52a1\u4e4b\u6025\u3002 \u8d44\u6599\u6765\u6e90\uff1aTrade Weighted U.S. Dollar Index: Broad, Goods and Services (DTWEXBGS) | FRED | St. Louis Fed\uff08\u68c0\u7d22\u4e8e2021\u5e742\u670816\u65e5\uff09 \u8d44\u6599\u6765\u6e90\uff1a^HSI 30,792.85 148.12 0.48% : HANG SENG INDEX - Yahoo Finance\uff08\u68c0\u7d22\u4e8e2021\u5e742\u670816\u65e5\uff09 \u8d44\u6599\u6765\u6e90\uff1aYahoo","canonical_url":"https:\/\/www.hkubs.hku.hk\/sc\/research\/thought-leadership\/hkej-column\/to-rejuvenate-the-hong-kong-economy-2021\/","robots":"max-image-preview:large","keywords":"","webmasterTools":{"google-site-verification":"google-site-verification=MjdkluDgHpNk2vz5slbwER2Gusw2rUDQuVULMERWzLo","miscellaneous":""},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"BreadcrumbList","@id":"https:\/\/www.hkubs.hku.hk\/sc\/research\/thought-leadership\/hkej-column\/to-rejuvenate-the-hong-kong-economy-2021\/#breadcrumblist","itemListElement":[{"@type":"ListItem","@id":"https:\/\/www.hkubs.hku.hk\/sc\/#listItem","position":1,"name":"Home","item":"https:\/\/www.hkubs.hku.hk\/sc\/","nextItem":{"@type":"ListItem","@id":"https:\/\/www.hkubs.hku.hk\/sc\/tag\/%e7%8e%af%e7%90%83%e7%bb%8f%e6%b5%8e\/#listItem","name":"\u73af\u7403\u7ecf\u6d4e"}},{"@type":"ListItem","@id":"https:\/\/www.hkubs.hku.hk\/sc\/tag\/%e7%8e%af%e7%90%83%e7%bb%8f%e6%b5%8e\/#listItem","position":2,"name":"\u73af\u7403\u7ecf\u6d4e","item":"https:\/\/www.hkubs.hku.hk\/sc\/tag\/%e7%8e%af%e7%90%83%e7%bb%8f%e6%b5%8e\/","nextItem":{"@type":"ListItem","@id":"https:\/\/www.hkubs.hku.hk\/sc\/research\/thought-leadership\/hkej-column\/to-rejuvenate-the-hong-kong-economy-2021\/#listItem","name":"\u4e00\u5e74\u4e4b\u8ba1 \u590d\u5174\u7ecf\u6d4e"},"previousItem":{"@type":"ListItem","@id":"https:\/\/www.hkubs.hku.hk\/sc\/#listItem","name":"Home"}},{"@type":"ListItem","@id":"https:\/\/www.hkubs.hku.hk\/sc\/research\/thought-leadership\/hkej-column\/to-rejuvenate-the-hong-kong-economy-2021\/#listItem","position":3,"name":"\u4e00\u5e74\u4e4b\u8ba1 \u590d\u5174\u7ecf\u6d4e","previousItem":{"@type":"ListItem","@id":"https:\/\/www.hkubs.hku.hk\/sc\/tag\/%e7%8e%af%e7%90%83%e7%bb%8f%e6%b5%8e\/#listItem","name":"\u73af\u7403\u7ecf\u6d4e"}}]},{"@type":"Organization","@id":"https:\/\/www.hkubs.hku.hk\/sc\/#organization","name":"HKU Business School","url":"https:\/\/www.hkubs.hku.hk\/sc\/"},{"@type":"WebPage","@id":"https:\/\/www.hkubs.hku.hk\/sc\/research\/thought-leadership\/hkej-column\/to-rejuvenate-the-hong-kong-economy-2021\/#webpage","url":"https:\/\/www.hkubs.hku.hk\/sc\/research\/thought-leadership\/hkej-column\/to-rejuvenate-the-hong-kong-economy-2021\/","name":"\u4e00\u5e74\u4e4b\u8ba1 \u590d\u5174\u7ecf\u6d4e - HKU Business School","description":"\u51a0\u72b6\u75c5\u6bd2\u75c5\u75ab\u60c5\u521d\u671f\uff0c\u4e00\u4f17\u7ecf\u6d4e\u5b66\u5bb6\u9884\u6d4b\uff0c2020\u5e74\u5168\u7403\u5c06\u9677\u51651930\u5e74\u4ee3\u5927\u8427\u6761\u4ee5\u6765\u6700\u4e25\u91cd\u8870\u9000\uff0c\u4f46\u540e\u6765\u5219\u4fee\u8ba2\u4e3a\u4e0e2007\u81f32009\u5e74\u91d1\u878d\u6d77\u5578\u60c5\u51b5\u76f8\u82e5\u3002\u4f8b\u5982\u6839\u636e2020\u5e745\u6708\u300a\u534e\u5c14\u8857\u65e5\u62a5\u300b\u7684\u8c03\u67e5\uff0c\u7f8e\u56fd\u7ecf\u6d4e\u5b66\u5bb6\u666e\u904d\u9884\u6d4b\uff0c\u540c\u5e74\u7f8e\u56fd\u7ecf\u6d4e\u5c06\u6536\u7f296.6%\uff0c\u5c5e\u5927\u8427\u6761\u4ee5\u6765\u4e4b\u6700\uff1b\u8054\u90a6\u50a8\u5907\u5c40\u5b98\u5458\u968f\u4e8e6\u6708\u9884\u6d4b\uff0c\u6536\u7f29\u5e45\u5ea6\u4e3a6.5% \u3002 \u4f46\u52309\u6708\uff0c\u8054\u50a8\u5c40\u5219\u5c06\u7ecf\u6d4e\u6536\u7f29\u7387\u4e0b\u8c03\u81f33.7%\uff1b\u968f\u7740\u65b0\u51a0\u75ab\u82d7\u9646\u7eed\u9762\u4e16\u53ca\u7f8e\u56fd\u603b\u7edf\u5927\u9009\u5c18\u57c3\u843d\u5b9a\uff0c12\u6708\u518d\u6b21\u4fee\u8ba2\u6536\u7f29\u5e45\u5ea6\u4e3a2.4%\uff0c\u8fdc\u4f4e\u4e8e\u91d1\u878d\u6d77\u5578\u7ed3\u675f\u65f64.3%\u7684\u6c34\u5e73\u3002 12\u670827\u65e5\uff0c\u7f8e\u56fd\u56fd\u4f1a\u901a\u8fc72.3\u4e07\u4ebf\u7f8e\u5143\u7684\u300a\u65b0\u51a0\u75c5\u6bd2\u63f4\u52a9\u3001\u6551\u6d4e\u548c\u7ecf\u6d4e\u5b89\u5168\u6cd5\u6848\u300b\uff0c\u63d0\u4f9b9000\u4ebf\u7f8e\u5143\u523a\u6fc0\u6027\u63f4\u52a9\uff0c\u540c\u65f6\u4e3a\u622a\u81f32021\u5e749\u670830\u65e5\u4e3a\u6b62\u8054\u90a6\u653f\u5e9c\u8d22\u653f\u5e74\u5ea6\u63d0\u4f9b1.4\u4e07\u4ebf\u7f8e\u5143\u8d44\u91d1\u3002\u4e8b\u5b9e\u4e0a\uff0c\u5168\u7403\u591a\u56fd\u53bb\u5e74\u90fd\u91c7\u53d6\u4e86\u76f8\u7c7b\u7684\u6269\u5f20\u6027\u8d22\u653f\u653f\u7b56\uff0c\u9884\u8ba1\u6709\u5173\u653f\u7b56\u65b9\u5411\u57282021\u5e74\u4ecd\u4f1a\u6301\u7eed\u3002 \u56fd\u9645\u8d27\u5e01\u4e0e\u8d38\u6613 2021\u5e74\u4f0a\u59cb\uff0c\u56fd\u9645\u8d27\u5e01\u57fa\u91d1\u7ec4\u7ec7\u53d1\u5e03\u7684\u6700\u65b0\u4e00\u671f\u300a\u4e16\u754c\u7ecf\u6d4e\u5c55\u671b\u300b\uff0c\u9884\u6d4b\u672c\u5e74\u73af\u7403\u7ecf\u6d4e\u589e\u957f\u4e3a5.5%\uff0c\u8f83\u53bb\u5e7410\u6708\u9884\u6d4b\u4e0a\u8c030.3\u4e2a\u767e\u5206\u70b9\u3002\u523a\u6fc0\u589e\u957f\u63aa\u65bd\u56fa\u7136\u91cd\u8981\uff0c\u4f46\u5982\u8981\u590d\u82cf\u7a33\u5065\uff0c\u8fd8\u987b\u7ba1\u7406\u597d\u75ab\u60c5\uff0c\u5e76\u6709\u8d56\u56fd\u9645\u8d38\u6613\u5468\u671f\u53cd\u5f39\u7684\u52a9\u529b\u3002 \u81ea2020\u5e743\u6708\u4e2d\u81f3\u5e74\u7ec8\uff0c\u7f8e\u5143\u5bf9\u4e00\u7bee\u5b50\u8d38\u6613\u52a0\u6743\u8d27\u5e01\u7684\u6c47\u7387\u4ece117\u4e0b\u8dcc\u81f3102.6\uff0c\u77ed\u77ed8\u4e2a\u6708\u95f4\u8dcc\u5e45\u8d85\u8fc712%\uff0c\u5904\u4e8e\u8fc7\u53bb\u4e24\u5e74\u591a\u7684\u6700\u4f4e\u6c34\u5e73\u3010\u56fe1\u3011\u3002\u7f8e\u5143\u4e0e\u4e3b\u8981\u8d27\u5e01\u7684\u5229\u7387\u5dee\u5f02\u5728\u75ab\u60c5\u671f\u95f4\u4e5f\u5927\u5e45\u7f29\u5c0f\u3002 \u7f8e\u5143\u8d70\u5f31\u867d\u53ef\u63d0\u5347\u7f8e\u56fd\u51fa\u53e3\u7684\u7ade\u4e89\u529b\uff0c\u4f46\u540c\u65f6\u4f1a\u56e0\u8fdb\u53e3\u5546\u54c1\u8f83\u6602\u8d35\u800c\u8f93\u5165\u901a\u80c0\u3002\u7f8e\u5143\u6301\u7eed\u8d70\u5f31\u7684\u56e0\u7d20\u4e0d\u5916\u4e09\u9879\uff1a\u7b2c\u4e00\uff0c\u6709\u6548\u75ab\u82d7\u9762\u4e16\u5e76\u5728\u5404\u56fd\u5e7f\u6cdb\u63a5\u79cd\uff0c\u6709\u52a9\u51cf\u8f7b\u75ab\u707e\u5bf9\u7ecf\u6d4e\u9020\u6210\u7684\u4e0d\u786e\u5b9a\u6027\u53ca\u98ce\u9669\uff0c\u800c\u7f8e\u5143\u4f5c\u4e3a\u907f\u9669\u8d27\u5e01\u7684\u4f5c\u7528\u51cf\u4f4e\uff0c\u5219\u5bfc\u81f4\u7f8e\u5143\u9700\u6c42\u4e0b\u8dcc\u3002\u7b2c\u4e8c\uff0c\u7f8e\u56fd\u9488\u5bf9\u516c\u5171\u536b\u751f\u5371\u673a\u53ca\u7ecf\u6d4e\u8870\u9000\u63d0\u4f9b\u4e86\u975e\u5e38\u79ef\u6781\u7684\u6269\u5f20\u6027\u8d27\u5e01\u53ca\u8d22\u653f\u5f00\u652f\u653f\u7b56\uff0c\u5927\u5927\u589e\u52a0\u4e86\u8d27\u5e01\u4f9b\u5e94\u3002\u7b2c\u4e09\uff0c\u7f8e\u56fd\u4ecd\u53d7\u8d22\u653f\u9884\u7b97\u548c\u8d38\u6613\u7684\u53cc\u91cd\u8d64\u5b57\u56f0\u6270\u3002 \u56e0\u6b64\uff0c\u9884\u671f\u7f8e\u5143\u4eca\u5e74\u5c06\u7ee7\u7eed\u504f\u8f6f\uff0c\u5bf9\u8be5\u56fd\u7ecf\u6d4e\u6765\u8bf4\u65e0\u7591\u662f\u4e00\u9879\u5229\u597d\u56e0\u7d20\uff0c\u5bf9\u5168\u7403\u7ecf\u6d4e\u4e5f\u6709\u79ef\u6781\u4f5c\u7528\u3002\u539f\u56e0\u662f\u591a\u6570\u5927\u5b97\u5546\u54c1\uff08\u5982\u77f3\u6cb9\uff09\u4ee5\u7f8e\u5143\u8ba1\u4ef7\uff0c\u7f8e\u5143\u8d70\u5f31\u5c06\u4f7f\u4e00\u4e9b\u5546\u54c1\u4ef7\u683c\u4e0b\u964d\u3002\u6b64\u5916\uff0c\u5168\u7403\u5c24\u5176\u662f\u65b0\u5174\u7ecf\u6d4e\u4f53\u7684\u503a\u52a1\uff0c\u7531\u4e8e\u5927\u90e8\u5206\u4ee5\u7f8e\u5143\u501f\u5165\uff0c\u507f\u8fd8\u503a\u52a1\u6210\u672c\u4e5f\u4f1a\u968f\u4e4b\u964d\u4f4e\u3002 \u75ab\u4e0b\u5404\u5927\u80a1\u5e02\u8868\u73b0 \u53bb\u5e74\u6295\u8d44\u5e02\u573a\u51fa\u73b0\u4e00\u4e2a\u6709\u8da3\u73b0\u8c61\uff0c\u5c31\u662f\u5404\u56fd\u7ecf\u6d4e\u56e0\u75ab\u60c5\u800c\u840e\u7f29\u4e4b\u9645\uff0c\u80a1\u7968\u5e02\u573a\u53cd\u800c\u6301\u7eed\u4e0a\u626c\u3002\u89c2\u4e4e\u80a1\u5e02\u4e3b\u8981\u53cd\u6620\u9884\u671f\u4e2d\u7684\u7ecf\u6d4e\u8868\u73b0\uff0c\u77ed\u671f\u800c\u8a00\uff0c\u4e0e\u7ecf\u6d4e\u5b9e\u51b5\u7684\u76f8\u5173\u6027\u5374\u751a\u4f4e\u3002\u4ee5\u6052\u751f\u6307\u6570\u548c\u9999\u6e2f\u7279\u533a\u7ecf\u6d4e\u4e3a\u4f8b\uff0c\u4ece\u3010\u56fe2\u3011\u53ef\u89c1\u4e24\u8005\u572830\u5e74\u7684\u76f8\u5173\u6027\u4e00\u76f4\u5e76\u4e0d\u7a33\u5b9a\u3002 2021\u5e742\u6708\u521d\uff0c\u5404\u5927\u80a1\u5e02\u8868\u73b0\u5df2\u80dc\u8fc7\u53bb\u5e741\u6708\u51a0\u72b6\u75c5\u6bd2\u75c5\u5c1a\u672a\u8513\u5ef6\u5168\u7403\u4e4b\u65f6\u3002\u4ece2019\u5e741\u6708\u81f32021\u5e741\u6708\uff0c\u6807\u666e500\u6307\u6570\u7684\u4e24\u5e74\u56de\u62a5\u662f46%\uff0c\u65e5\u7ecf\u6307\u6570\u4e3a42%\uff0c\u4e0a\u8bc1\u6307\u6570\u4e3a41%\uff0c\u5fb7\u56fdDAX\u4e3a26%\uff0c\u800c\u6052\u751f\u6307\u6570\u5219\u53ea\u67098%\u3010\u56fe3\u3011\u3002\u5176\u5b9e\u4ece2019\u5e74\u7b2c\u4e00\u5b63\u5ea6\u8d77\uff0c\u6052\u751f\u6307\u6570\u5df2\u843d\u540e\u4e8e\u73af\u7403\u5927\u5e02\uff0c\u7a81\u663e\u51fa\u9999\u6e2f\u5185\u90e8\u4e89\u62d7\u548c\u793e\u4f1a\u52a8\u8361\u7684\u5f71\u54cd\u3002 \u7ecf\u6d4e\u590d\u82cf\u7684\u66d9\u5149 \u5927\u591a\u6570\u7ecf\u6d4e\u4f53\u9884\u671f\u8981\u52302021\u5e74\u4e2d\u540e\u671f\uff0c\u65b9\u80fd\u6062\u590d\u5230\u75ab\u524d\u7684\u5b9e\u8d28\u672c\u5730\u751f\u4ea7\u603b\u503c\u6c34\u5e73\uff0c\u5931\u4e1a\u7387\u5219\u7ef4\u6301\u5728\u5e73\u5747\u7ebf\u4e0a\u3002\u56e0\u6b64\uff0c\u5c3d\u7ba1\u5b9e\u65bd\u8fdb\u53d6\u7684\u523a\u6fc0\u63aa\u65bd\uff0c\u7ee7\u7eed\u6269\u5f20\uff0c\u4ea6\u4f1a\u5728\u8f83\u540e\u65f6\u95f4\u624d\u5448\u73b0\u901a\u80c0\u538b\u529b\u3002\u7ecf\u6d4e\u5408\u4f5c\u4e0e\u53d1\u5c55\u7ec4\u7ec7\u66fe\u9884\u6d4b\uff0c37\u4e2a\u53d1\u8fbe\u56fd\u5bb6\u57282020\u5e74\u5185\u7684\u7ecf\u6d4e\u6536\u7f29\u4e3a5.5%\uff0c\u5168\u7403\u7ecf\u6d4e\u589e\u957f\u5219\u4e0b\u8c034.2%\u3002\u8870\u9000\u56f0\u5883\u8fd1\u767e\u5e74\u4e00\u9047\uff0c\u4ee4\u4eba\u5fe7\u8651\u3002 \u62dc\u767b\u653f\u5e9c\u4e0a\u573a\u521a\u8fc71\u4e2a\u6708\uff0c\u7f8e\u56fd\u80fd\u5426\u5728\u4e16\u754c\u7ecf\u6d4e\u91cd\u62fe\u9886\u519b\u5730\u4f4d\uff0c\u9a71\u52a8\u5404\u56fd\u8fc8\u5411\u7ecf\u6d4e\u590d\u82cf\uff0c\u4ecd\u662f\u672a\u77e5\u4e4b\u6570\u3002\u53cd\u89c2\u4e2d\u56fd\u56e0\u80fd\u6709\u6548\u63a7\u5236\u75ab\u60c5\uff0c\u751f\u4ea7\u529b\u548c\u7ecf\u6d4e\u6d3b\u52a8\u6062\u590d\u5f97\u6700\u5feb\u3002\u56fd\u5bb6\u7edf\u8ba1\u5c40\u516c\u5e03\u7684\u591a\u9879\u6570\u636e\u663e\u793a\uff0c2020\u5e74\u4e2d\u671f\u56fd\u5185\u7ecf\u6d4e\u5df2\u5448\u73b0V\u5f62\u53cd\u5f39\uff0c5\u6708\u4efd\u6d88\u8d39\u7269\u4ef7\u6307\u6570\u6309\u5e74\u4e0a\u6da82.4%\u3002\u52a0\u4e0a\u56fd\u5185\u56fd\u5916\u53cc\u5faa\u73af\u7684\u7ecf\u6d4e\u7b56\u7565\uff0c\u4e2d\u56fd\u7ecf\u6d4e\u53ef\u8c13\u4e00\u679d\u72ec\u79c0\uff0c\u6709\u671b\u5e26\u9886\u5168\u7403\u7ecf\u6d4e\u5411\u4e0a\u3002 \u91cd\u91cd\u56f4\u56f0\u6709\u5f85\u7a81\u7834 \u805a\u7126\u672c\u6e2f\uff0c\u6839\u636e\u7279\u533a\u653f\u5e9c\u7edf\u8ba1\u5904\u5728\u4e0a\u6708\u5e95\u53d1\u5e032020\u5e74\u7684\u672c\u5730\u751f\u4ea7\u603b\u503c\uff08GDP\uff09\u4f30\u8ba1\u6570\u5b57\uff0c\u7b2c\u56db\u5b63\u8f83\u4e0a\u5e74\u540c\u671f\u5b9e\u8d28\u4e0b\u8dcc3%\uff0c\u5168\u5e74GDP\u5219\u6309\u5e74\u5b9e\u8d28\u4e0b\u8dcc6.1%\u3010\u6ce81\u3011\u3002\u653f\u5e9c\u53bb\u5e74\u5148\u540e\u63a8\u51fa\u591a\u9879\u7ebe\u56f0\u63aa\u65bd\uff0c\u603b\u503c\u903e3000\u4ebf\u5143\uff0c\u4ee5\u81f4\u8d22\u653f\u50a8\u5907\u964d\u81f3\u7ea68000\u4ebf\u5143\uff0c\u76f8\u5f53\u4e8e\u653f\u5e9c13\u81f314\u4e2a\u6708\u7684\u7ecf\u5e38\u5f00\u652f\uff0c\u63a5\u8fd12003\u5e74\u300c\u6c99\u58eb\u300d\u540e\u7684\u6c34\u5e73\u3002\u9884\u6599\u8d22\u653f\u523a\u6fc0\u65b9\u6848\u5c06\u9010\u6b65\u64a4\u9664\uff1b\u4e3a\u51cf\u8f7b\u8d22\u653f\u538b\u529b\uff0c\u653f\u5e9c\u4ea6\u5e94\u8bbe\u6cd5\u5f00\u6e90\u3002 \u6309\u7edf\u8ba1\u5904\u8d44\u6599\uff0c\u5931\u4e1a\u7387\u75312019\u5e7412\u6708\u76843.7%\u98d9\u5347\u81f32020\u5e74\u7b2c\u56db\u5b63\u76846.6%\uff0c\u5931\u4e1a\u4eba\u6570\u8d85\u8fc724\u4e07\uff1b2020\u5e7410\u6708\u81f32021\u5e741\u6708\uff0c\u5931\u4e1a\u7387\u66f4\u8fbe7%\uff0c\u5931\u4e1a\u4eba\u657025.3\u4e07\uff0c\u521b16\u5e74\u6765\u65b0\u9ad8\u3002\u52b3\u5de5\u53ca\u798f\u5229\u5c40\u5c40\u957f\u7f57\u81f4\u5149\u4f30\u8ba1\u672c\u5e74\u7b2c\u4e00\u5b63\u5931\u4e1a\u7387\u6216\u4f1a\u5347\u81f37.2%\u624d\u89c1\u9876\uff0c\u8fd9\u5c06\u4f4e\u4e8e2003\u5e748.5%\u7684\u9876\u5cf0\uff1b\u5931\u4e1a\u7387\u9884\u8ba1\u5728\u4e0b\u534a\u5e74\u7ecf\u6d4e\u597d\u8f6c\u540e\u624d\u4f1a\u56de\u843d\u3002 \u53e6\u4e00\u65b9\u9762\uff0c\u8d2b\u7a77\u95ee\u9898\u6301\u7eed\u6076\u5316\u3002\u7edf\u8ba1\u5904\u6307\u51fa\uff0c2019\u5e74\u9999\u6e2f\u6574\u4f53\u7684\u8d2b\u7a77\u4eba\u53e3\u4e3a149\u4e07\uff0c\u6bd42018\u5e74\u589e\u52a0\u4e869\u4e07\uff0c\u8d2b\u7a77\u7387\u753120.4%\u5347\u81f321.4%\u3002\u7eb5\u4f7f\u8fd9\u6216\u4e0e\u4eba\u53e3\u9ad8\u9f84\u5316\u6709\u5173\uff0c\u4f462016\u81f32018\u5e74\u95f4\uff0c\u9752\u5e74\u8d2b\u7a77\u7387\u5374\u8fde\u7eed3\u5e74\u5f55\u5f97\u5347\u5e45\uff0c\u4e3a\u657090100\u4eba\uff0c\u5360\u603b\u8d2b\u7a77\u4eba\u53e38.8%\u3002 \u65b0\u90e8\u7f72\u626d\u8f6c\u4e7e\u5764 \u653e\u773c\u56fd\u9645\u793e\u4f1a\uff0c\u6b27\u7f8e\u653f\u5e9c\u7eb7\u7eb7\u5b9e\u65bd\u4f4e\u5229\u7387\u91cf\u5bbd\u653f\u7b56\uff0c\u4e0d\u6392\u9664\u4f1a\u4ea7\u751f\u8d44\u4ea7\u6ce1\u6cab\u7206\u7834\u800c\u89e6\u53d1\u91d1\u878d\u5371\u673a\uff0c\u52a0\u4e0a\u4fdd\u62a4\u4e3b\u4e49\u548c\u5355\u8fb9\u4e3b\u4e49\u4e58\u52bf\u5174\u8d77\uff0c\u56fd\u9645\u8d38\u6613\u548c\u6295\u8d44\u5927\u5e45\u840e\u7f29\uff0c\u5168\u7403\u7ecf\u6d4e\u3001\u79d1\u6280\u3001\u653f\u6cbb\u5747\u9762\u4e34\u5de8\u53d8\u3002 \u73af\u7403\u7ecf\u6d4e\u77ed\u671f\u5185\u80fd\u5426\u907f\u514d\u8870\u9000\uff0c\u53d6\u51b3\u4e8e\u4ee5\u4e0b\u56e0\u7d20\uff1a\u75ab\u60c5\u7684\u51b2\u51fb\u4f1a\u5426\u6301\u7eed\u4e0b\u53bb\uff1f\u5404\u7ecf\u6d4e\u4f53\u80fd\u5426\u91cd\u5efa\u4f9b\u5e94\u94fe\u4ee5\u6539\u5584\u4e16\u754c\u8d38\u6613\uff1f\u75ab\u60c5\u4f1a\u5426\u7ed3\u6784\u6027\u524a\u5f31\u52b3\u5de5\u5e02\u573a\u6216\u5bf9\u7ecf\u6d4e\u9700\u6c42\u9020\u6210\u6c38\u4e45\u7ed3\u6784\u6027\u635f\u5931\uff1f \u5f53\u524d\u4e2d\u56fd\u7ecf\u6d4e\u5df2\u7531\u9ad8\u901f\u589e\u957f\u9636\u6bb5\u8f6c\u5411\u9ad8\u8d28\u91cf\u53d1\u5c55\u9636\u6bb5\uff0c\u5728\u56fd\u5185\u56fd\u9645\u53cc\u5faa\u73af\u7b56\u7565\u4e0b\uff0c\u9999\u6e2f\u7ecf\u6d4e\u590d\u82cf\u5219\u53d6\u51b3\u4e8e\u4ee5\u4e0b\u51e0\u4e2a\u56e0\u7d20\u3002\u5f53\u65b0\u51a0\u75ab\u82d7\u5e7f\u6cdb\u63a5\u79cd\u540e\uff0c\u9884\u671f\u7ecf\u6d4e\u53ef\u5feb\u901f\u6062\u590d\uff0c\u5e02\u6c11\u6d88\u8d39\u53ef\u671b\u5f39\u529b\u53cd\u5f39\u3002\u5065\u5eb7\u7801\u53ca\u68c0\u75ab\u63aa\u65bd\u82e5\u80fd\u5168\u9762\u843d\u5b9e\uff0c\u5219\u53ef\u671b\u5728\u7b2c\u4e8c\u5b63\u672b\u81f3\u7b2c\u4e09\u5b63\u521d\u4e0e\u5185\u5730\u91cd\u65b0\u901a\u5173\uff0c\u800c\u4ee4\u96f6\u552e\u53ca\u670d\u52a1\u884c\u4e1a\u590d\u82cf\u3002\u7ecf\u6d4e\u91cd\u62fe\u6b63\u8f68\u6709\u52a9\u7279\u533a\u653f\u5e9c\u89e3\u51b3\u8d2b\u5bcc\u60ac\u6b8a\u7b49\u8001\u5927\u96be\u95ee\u9898\uff0c\u6b63\u5982\u7b14\u8005\u5728\u672c\u680f\u4e3a\u6587\u5206\u6790\u3010\u6ce82\u3011\uff0c\u653f\u5e9c\u5fc5\u987b\u91cd\u5efa\u7f6e\u4e1a\u9636\u68af\uff0c\u4ee5\u6539\u5584\u793e\u4f1a\u4e0d\u5747\u73b0\u8c61\u3002 \u7ecf\u5386\u4e24\u5e74\u6765\u5185\u5916\u4ea4\u56f0\uff0c\u867d\u7136\u5916\u8d44\u672a\u6709\u660e\u663e\u64a4\u79bb\u9999\u6e2f\u7684\u8ff9\u8c61\uff0c\u4f46\u897f\u65b9\u56fd\u5bb6\u4ee5\u81f3\u90bb\u56fd\u5982\u65b0\u52a0\u5761\uff0c\u5747\u9510\u610f\u5438\u7eb3\u9999\u6e2f\u7684\u4eba\u624d\u3001\u6280\u672f\u548c\u8d44\u91d1\u3002\u867d\u7136\u672c\u5730\u7684\u7b80\u5355\u4f4e\u7a0e\u5236\u3001\u81ea\u7531\u8425\u5546\u73af\u5883\u3001\u5b8c\u5584\u7684\u53f8\u6cd5\u5236\u5ea6\uff0c\u4ecd\u7136\u662f\u5438\u5f15\u5916\u8d44\u7559\u6e2f\u7684\u91cd\u8981\u5143\u7d20\uff0c\u4f46\u7279\u533a\u653f\u5e9c\u4e0d\u53ef\u6389\u4ee5\u8f7b\u5fc3\u3002\u8d44\u91d1\u80fd\u5426\u81ea\u7531\u8fdb\u51fa\uff0c\u4e5f\u662f\u5916\u6765\u6295\u8d44\u8005\u7684\u91cd\u8981\u8003\u8651\u56e0\u7d20\uff0c\u6bd5\u7adf\u56fd\u9645\u91d1\u878d\u4e2d\u5fc3\u5b9a\u4f4d\u53d6\u51b3\u4e8e\u300c\u4fe1\u5fc3\u300d\u4e8c\u5b57\u3002\u5982\u4f55\u5de9\u56fa\u8de8\u56fd\u4f01\u4e1a\u548c\u56fd\u9645\u6295\u8d44\u8005\u5bf9\u9999\u6e2f\u4f5c\u4e3a\u4e9a\u6d32\u56fd\u9645\u90fd\u4f1a\u7684\u4fe1\u5fc3\uff0c\u5b9e\u4e43\u7279\u533a\u653f\u5e9c\u5f53\u52a1\u4e4b\u6025\u3002 \u8d44\u6599\u6765\u6e90\uff1aTrade Weighted U.S. Dollar Index: Broad, Goods and Services (DTWEXBGS) | FRED | St. Louis Fed\uff08\u68c0\u7d22\u4e8e2021\u5e742\u670816\u65e5\uff09 \u8d44\u6599\u6765\u6e90\uff1a^HSI 30,792.85 148.12 0.48% : HANG SENG INDEX - Yahoo Finance\uff08\u68c0\u7d22\u4e8e2021\u5e742\u670816\u65e5\uff09 \u8d44\u6599\u6765\u6e90\uff1aYahoo","inLanguage":"zh-CN","isPartOf":{"@id":"https:\/\/www.hkubs.hku.hk\/sc\/#website"},"breadcrumb":{"@id":"https:\/\/www.hkubs.hku.hk\/sc\/research\/thought-leadership\/hkej-column\/to-rejuvenate-the-hong-kong-economy-2021\/#breadcrumblist"},"datePublished":"2021-02-25T09:00:16+08:00","dateModified":"2021-05-07T16:39:42+08:00"},{"@type":"WebSite","@id":"https:\/\/www.hkubs.hku.hk\/sc\/#website","url":"https:\/\/www.hkubs.hku.hk\/sc\/","name":"HKU Business School","inLanguage":"zh-CN","publisher":{"@id":"https:\/\/www.hkubs.hku.hk\/sc\/#organization"}}]},"og:locale":"en_US","og:site_name":"HKU Business School -","og:type":"article","og:title":"\u4e00\u5e74\u4e4b\u8ba1 \u590d\u5174\u7ecf\u6d4e - HKU Business School","og:description":"\u51a0\u72b6\u75c5\u6bd2\u75c5\u75ab\u60c5\u521d\u671f\uff0c\u4e00\u4f17\u7ecf\u6d4e\u5b66\u5bb6\u9884\u6d4b\uff0c2020\u5e74\u5168\u7403\u5c06\u9677\u51651930\u5e74\u4ee3\u5927\u8427\u6761\u4ee5\u6765\u6700\u4e25\u91cd\u8870\u9000\uff0c\u4f46\u540e\u6765\u5219\u4fee\u8ba2\u4e3a\u4e0e2007\u81f32009\u5e74\u91d1\u878d\u6d77\u5578\u60c5\u51b5\u76f8\u82e5\u3002\u4f8b\u5982\u6839\u636e2020\u5e745\u6708\u300a\u534e\u5c14\u8857\u65e5\u62a5\u300b\u7684\u8c03\u67e5\uff0c\u7f8e\u56fd\u7ecf\u6d4e\u5b66\u5bb6\u666e\u904d\u9884\u6d4b\uff0c\u540c\u5e74\u7f8e\u56fd\u7ecf\u6d4e\u5c06\u6536\u7f296.6%\uff0c\u5c5e\u5927\u8427\u6761\u4ee5\u6765\u4e4b\u6700\uff1b\u8054\u90a6\u50a8\u5907\u5c40\u5b98\u5458\u968f\u4e8e6\u6708\u9884\u6d4b\uff0c\u6536\u7f29\u5e45\u5ea6\u4e3a6.5% \u3002 \u4f46\u52309\u6708\uff0c\u8054\u50a8\u5c40\u5219\u5c06\u7ecf\u6d4e\u6536\u7f29\u7387\u4e0b\u8c03\u81f33.7%\uff1b\u968f\u7740\u65b0\u51a0\u75ab\u82d7\u9646\u7eed\u9762\u4e16\u53ca\u7f8e\u56fd\u603b\u7edf\u5927\u9009\u5c18\u57c3\u843d\u5b9a\uff0c12\u6708\u518d\u6b21\u4fee\u8ba2\u6536\u7f29\u5e45\u5ea6\u4e3a2.4%\uff0c\u8fdc\u4f4e\u4e8e\u91d1\u878d\u6d77\u5578\u7ed3\u675f\u65f64.3%\u7684\u6c34\u5e73\u3002 12\u670827\u65e5\uff0c\u7f8e\u56fd\u56fd\u4f1a\u901a\u8fc72.3\u4e07\u4ebf\u7f8e\u5143\u7684\u300a\u65b0\u51a0\u75c5\u6bd2\u63f4\u52a9\u3001\u6551\u6d4e\u548c\u7ecf\u6d4e\u5b89\u5168\u6cd5\u6848\u300b\uff0c\u63d0\u4f9b9000\u4ebf\u7f8e\u5143\u523a\u6fc0\u6027\u63f4\u52a9\uff0c\u540c\u65f6\u4e3a\u622a\u81f32021\u5e749\u670830\u65e5\u4e3a\u6b62\u8054\u90a6\u653f\u5e9c\u8d22\u653f\u5e74\u5ea6\u63d0\u4f9b1.4\u4e07\u4ebf\u7f8e\u5143\u8d44\u91d1\u3002\u4e8b\u5b9e\u4e0a\uff0c\u5168\u7403\u591a\u56fd\u53bb\u5e74\u90fd\u91c7\u53d6\u4e86\u76f8\u7c7b\u7684\u6269\u5f20\u6027\u8d22\u653f\u653f\u7b56\uff0c\u9884\u8ba1\u6709\u5173\u653f\u7b56\u65b9\u5411\u57282021\u5e74\u4ecd\u4f1a\u6301\u7eed\u3002 \u56fd\u9645\u8d27\u5e01\u4e0e\u8d38\u6613 2021\u5e74\u4f0a\u59cb\uff0c\u56fd\u9645\u8d27\u5e01\u57fa\u91d1\u7ec4\u7ec7\u53d1\u5e03\u7684\u6700\u65b0\u4e00\u671f\u300a\u4e16\u754c\u7ecf\u6d4e\u5c55\u671b\u300b\uff0c\u9884\u6d4b\u672c\u5e74\u73af\u7403\u7ecf\u6d4e\u589e\u957f\u4e3a5.5%\uff0c\u8f83\u53bb\u5e7410\u6708\u9884\u6d4b\u4e0a\u8c030.3\u4e2a\u767e\u5206\u70b9\u3002\u523a\u6fc0\u589e\u957f\u63aa\u65bd\u56fa\u7136\u91cd\u8981\uff0c\u4f46\u5982\u8981\u590d\u82cf\u7a33\u5065\uff0c\u8fd8\u987b\u7ba1\u7406\u597d\u75ab\u60c5\uff0c\u5e76\u6709\u8d56\u56fd\u9645\u8d38\u6613\u5468\u671f\u53cd\u5f39\u7684\u52a9\u529b\u3002 \u81ea2020\u5e743\u6708\u4e2d\u81f3\u5e74\u7ec8\uff0c\u7f8e\u5143\u5bf9\u4e00\u7bee\u5b50\u8d38\u6613\u52a0\u6743\u8d27\u5e01\u7684\u6c47\u7387\u4ece117\u4e0b\u8dcc\u81f3102.6\uff0c\u77ed\u77ed8\u4e2a\u6708\u95f4\u8dcc\u5e45\u8d85\u8fc712%\uff0c\u5904\u4e8e\u8fc7\u53bb\u4e24\u5e74\u591a\u7684\u6700\u4f4e\u6c34\u5e73\u3010\u56fe1\u3011\u3002\u7f8e\u5143\u4e0e\u4e3b\u8981\u8d27\u5e01\u7684\u5229\u7387\u5dee\u5f02\u5728\u75ab\u60c5\u671f\u95f4\u4e5f\u5927\u5e45\u7f29\u5c0f\u3002 \u7f8e\u5143\u8d70\u5f31\u867d\u53ef\u63d0\u5347\u7f8e\u56fd\u51fa\u53e3\u7684\u7ade\u4e89\u529b\uff0c\u4f46\u540c\u65f6\u4f1a\u56e0\u8fdb\u53e3\u5546\u54c1\u8f83\u6602\u8d35\u800c\u8f93\u5165\u901a\u80c0\u3002\u7f8e\u5143\u6301\u7eed\u8d70\u5f31\u7684\u56e0\u7d20\u4e0d\u5916\u4e09\u9879\uff1a\u7b2c\u4e00\uff0c\u6709\u6548\u75ab\u82d7\u9762\u4e16\u5e76\u5728\u5404\u56fd\u5e7f\u6cdb\u63a5\u79cd\uff0c\u6709\u52a9\u51cf\u8f7b\u75ab\u707e\u5bf9\u7ecf\u6d4e\u9020\u6210\u7684\u4e0d\u786e\u5b9a\u6027\u53ca\u98ce\u9669\uff0c\u800c\u7f8e\u5143\u4f5c\u4e3a\u907f\u9669\u8d27\u5e01\u7684\u4f5c\u7528\u51cf\u4f4e\uff0c\u5219\u5bfc\u81f4\u7f8e\u5143\u9700\u6c42\u4e0b\u8dcc\u3002\u7b2c\u4e8c\uff0c\u7f8e\u56fd\u9488\u5bf9\u516c\u5171\u536b\u751f\u5371\u673a\u53ca\u7ecf\u6d4e\u8870\u9000\u63d0\u4f9b\u4e86\u975e\u5e38\u79ef\u6781\u7684\u6269\u5f20\u6027\u8d27\u5e01\u53ca\u8d22\u653f\u5f00\u652f\u653f\u7b56\uff0c\u5927\u5927\u589e\u52a0\u4e86\u8d27\u5e01\u4f9b\u5e94\u3002\u7b2c\u4e09\uff0c\u7f8e\u56fd\u4ecd\u53d7\u8d22\u653f\u9884\u7b97\u548c\u8d38\u6613\u7684\u53cc\u91cd\u8d64\u5b57\u56f0\u6270\u3002 \u56e0\u6b64\uff0c\u9884\u671f\u7f8e\u5143\u4eca\u5e74\u5c06\u7ee7\u7eed\u504f\u8f6f\uff0c\u5bf9\u8be5\u56fd\u7ecf\u6d4e\u6765\u8bf4\u65e0\u7591\u662f\u4e00\u9879\u5229\u597d\u56e0\u7d20\uff0c\u5bf9\u5168\u7403\u7ecf\u6d4e\u4e5f\u6709\u79ef\u6781\u4f5c\u7528\u3002\u539f\u56e0\u662f\u591a\u6570\u5927\u5b97\u5546\u54c1\uff08\u5982\u77f3\u6cb9\uff09\u4ee5\u7f8e\u5143\u8ba1\u4ef7\uff0c\u7f8e\u5143\u8d70\u5f31\u5c06\u4f7f\u4e00\u4e9b\u5546\u54c1\u4ef7\u683c\u4e0b\u964d\u3002\u6b64\u5916\uff0c\u5168\u7403\u5c24\u5176\u662f\u65b0\u5174\u7ecf\u6d4e\u4f53\u7684\u503a\u52a1\uff0c\u7531\u4e8e\u5927\u90e8\u5206\u4ee5\u7f8e\u5143\u501f\u5165\uff0c\u507f\u8fd8\u503a\u52a1\u6210\u672c\u4e5f\u4f1a\u968f\u4e4b\u964d\u4f4e\u3002 \u75ab\u4e0b\u5404\u5927\u80a1\u5e02\u8868\u73b0 \u53bb\u5e74\u6295\u8d44\u5e02\u573a\u51fa\u73b0\u4e00\u4e2a\u6709\u8da3\u73b0\u8c61\uff0c\u5c31\u662f\u5404\u56fd\u7ecf\u6d4e\u56e0\u75ab\u60c5\u800c\u840e\u7f29\u4e4b\u9645\uff0c\u80a1\u7968\u5e02\u573a\u53cd\u800c\u6301\u7eed\u4e0a\u626c\u3002\u89c2\u4e4e\u80a1\u5e02\u4e3b\u8981\u53cd\u6620\u9884\u671f\u4e2d\u7684\u7ecf\u6d4e\u8868\u73b0\uff0c\u77ed\u671f\u800c\u8a00\uff0c\u4e0e\u7ecf\u6d4e\u5b9e\u51b5\u7684\u76f8\u5173\u6027\u5374\u751a\u4f4e\u3002\u4ee5\u6052\u751f\u6307\u6570\u548c\u9999\u6e2f\u7279\u533a\u7ecf\u6d4e\u4e3a\u4f8b\uff0c\u4ece\u3010\u56fe2\u3011\u53ef\u89c1\u4e24\u8005\u572830\u5e74\u7684\u76f8\u5173\u6027\u4e00\u76f4\u5e76\u4e0d\u7a33\u5b9a\u3002 2021\u5e742\u6708\u521d\uff0c\u5404\u5927\u80a1\u5e02\u8868\u73b0\u5df2\u80dc\u8fc7\u53bb\u5e741\u6708\u51a0\u72b6\u75c5\u6bd2\u75c5\u5c1a\u672a\u8513\u5ef6\u5168\u7403\u4e4b\u65f6\u3002\u4ece2019\u5e741\u6708\u81f32021\u5e741\u6708\uff0c\u6807\u666e500\u6307\u6570\u7684\u4e24\u5e74\u56de\u62a5\u662f46%\uff0c\u65e5\u7ecf\u6307\u6570\u4e3a42%\uff0c\u4e0a\u8bc1\u6307\u6570\u4e3a41%\uff0c\u5fb7\u56fdDAX\u4e3a26%\uff0c\u800c\u6052\u751f\u6307\u6570\u5219\u53ea\u67098%\u3010\u56fe3\u3011\u3002\u5176\u5b9e\u4ece2019\u5e74\u7b2c\u4e00\u5b63\u5ea6\u8d77\uff0c\u6052\u751f\u6307\u6570\u5df2\u843d\u540e\u4e8e\u73af\u7403\u5927\u5e02\uff0c\u7a81\u663e\u51fa\u9999\u6e2f\u5185\u90e8\u4e89\u62d7\u548c\u793e\u4f1a\u52a8\u8361\u7684\u5f71\u54cd\u3002 \u7ecf\u6d4e\u590d\u82cf\u7684\u66d9\u5149 \u5927\u591a\u6570\u7ecf\u6d4e\u4f53\u9884\u671f\u8981\u52302021\u5e74\u4e2d\u540e\u671f\uff0c\u65b9\u80fd\u6062\u590d\u5230\u75ab\u524d\u7684\u5b9e\u8d28\u672c\u5730\u751f\u4ea7\u603b\u503c\u6c34\u5e73\uff0c\u5931\u4e1a\u7387\u5219\u7ef4\u6301\u5728\u5e73\u5747\u7ebf\u4e0a\u3002\u56e0\u6b64\uff0c\u5c3d\u7ba1\u5b9e\u65bd\u8fdb\u53d6\u7684\u523a\u6fc0\u63aa\u65bd\uff0c\u7ee7\u7eed\u6269\u5f20\uff0c\u4ea6\u4f1a\u5728\u8f83\u540e\u65f6\u95f4\u624d\u5448\u73b0\u901a\u80c0\u538b\u529b\u3002\u7ecf\u6d4e\u5408\u4f5c\u4e0e\u53d1\u5c55\u7ec4\u7ec7\u66fe\u9884\u6d4b\uff0c37\u4e2a\u53d1\u8fbe\u56fd\u5bb6\u57282020\u5e74\u5185\u7684\u7ecf\u6d4e\u6536\u7f29\u4e3a5.5%\uff0c\u5168\u7403\u7ecf\u6d4e\u589e\u957f\u5219\u4e0b\u8c034.2%\u3002\u8870\u9000\u56f0\u5883\u8fd1\u767e\u5e74\u4e00\u9047\uff0c\u4ee4\u4eba\u5fe7\u8651\u3002 \u62dc\u767b\u653f\u5e9c\u4e0a\u573a\u521a\u8fc71\u4e2a\u6708\uff0c\u7f8e\u56fd\u80fd\u5426\u5728\u4e16\u754c\u7ecf\u6d4e\u91cd\u62fe\u9886\u519b\u5730\u4f4d\uff0c\u9a71\u52a8\u5404\u56fd\u8fc8\u5411\u7ecf\u6d4e\u590d\u82cf\uff0c\u4ecd\u662f\u672a\u77e5\u4e4b\u6570\u3002\u53cd\u89c2\u4e2d\u56fd\u56e0\u80fd\u6709\u6548\u63a7\u5236\u75ab\u60c5\uff0c\u751f\u4ea7\u529b\u548c\u7ecf\u6d4e\u6d3b\u52a8\u6062\u590d\u5f97\u6700\u5feb\u3002\u56fd\u5bb6\u7edf\u8ba1\u5c40\u516c\u5e03\u7684\u591a\u9879\u6570\u636e\u663e\u793a\uff0c2020\u5e74\u4e2d\u671f\u56fd\u5185\u7ecf\u6d4e\u5df2\u5448\u73b0V\u5f62\u53cd\u5f39\uff0c5\u6708\u4efd\u6d88\u8d39\u7269\u4ef7\u6307\u6570\u6309\u5e74\u4e0a\u6da82.4%\u3002\u52a0\u4e0a\u56fd\u5185\u56fd\u5916\u53cc\u5faa\u73af\u7684\u7ecf\u6d4e\u7b56\u7565\uff0c\u4e2d\u56fd\u7ecf\u6d4e\u53ef\u8c13\u4e00\u679d\u72ec\u79c0\uff0c\u6709\u671b\u5e26\u9886\u5168\u7403\u7ecf\u6d4e\u5411\u4e0a\u3002 \u91cd\u91cd\u56f4\u56f0\u6709\u5f85\u7a81\u7834 \u805a\u7126\u672c\u6e2f\uff0c\u6839\u636e\u7279\u533a\u653f\u5e9c\u7edf\u8ba1\u5904\u5728\u4e0a\u6708\u5e95\u53d1\u5e032020\u5e74\u7684\u672c\u5730\u751f\u4ea7\u603b\u503c\uff08GDP\uff09\u4f30\u8ba1\u6570\u5b57\uff0c\u7b2c\u56db\u5b63\u8f83\u4e0a\u5e74\u540c\u671f\u5b9e\u8d28\u4e0b\u8dcc3%\uff0c\u5168\u5e74GDP\u5219\u6309\u5e74\u5b9e\u8d28\u4e0b\u8dcc6.1%\u3010\u6ce81\u3011\u3002\u653f\u5e9c\u53bb\u5e74\u5148\u540e\u63a8\u51fa\u591a\u9879\u7ebe\u56f0\u63aa\u65bd\uff0c\u603b\u503c\u903e3000\u4ebf\u5143\uff0c\u4ee5\u81f4\u8d22\u653f\u50a8\u5907\u964d\u81f3\u7ea68000\u4ebf\u5143\uff0c\u76f8\u5f53\u4e8e\u653f\u5e9c13\u81f314\u4e2a\u6708\u7684\u7ecf\u5e38\u5f00\u652f\uff0c\u63a5\u8fd12003\u5e74\u300c\u6c99\u58eb\u300d\u540e\u7684\u6c34\u5e73\u3002\u9884\u6599\u8d22\u653f\u523a\u6fc0\u65b9\u6848\u5c06\u9010\u6b65\u64a4\u9664\uff1b\u4e3a\u51cf\u8f7b\u8d22\u653f\u538b\u529b\uff0c\u653f\u5e9c\u4ea6\u5e94\u8bbe\u6cd5\u5f00\u6e90\u3002 \u6309\u7edf\u8ba1\u5904\u8d44\u6599\uff0c\u5931\u4e1a\u7387\u75312019\u5e7412\u6708\u76843.7%\u98d9\u5347\u81f32020\u5e74\u7b2c\u56db\u5b63\u76846.6%\uff0c\u5931\u4e1a\u4eba\u6570\u8d85\u8fc724\u4e07\uff1b2020\u5e7410\u6708\u81f32021\u5e741\u6708\uff0c\u5931\u4e1a\u7387\u66f4\u8fbe7%\uff0c\u5931\u4e1a\u4eba\u657025.3\u4e07\uff0c\u521b16\u5e74\u6765\u65b0\u9ad8\u3002\u52b3\u5de5\u53ca\u798f\u5229\u5c40\u5c40\u957f\u7f57\u81f4\u5149\u4f30\u8ba1\u672c\u5e74\u7b2c\u4e00\u5b63\u5931\u4e1a\u7387\u6216\u4f1a\u5347\u81f37.2%\u624d\u89c1\u9876\uff0c\u8fd9\u5c06\u4f4e\u4e8e2003\u5e748.5%\u7684\u9876\u5cf0\uff1b\u5931\u4e1a\u7387\u9884\u8ba1\u5728\u4e0b\u534a\u5e74\u7ecf\u6d4e\u597d\u8f6c\u540e\u624d\u4f1a\u56de\u843d\u3002 \u53e6\u4e00\u65b9\u9762\uff0c\u8d2b\u7a77\u95ee\u9898\u6301\u7eed\u6076\u5316\u3002\u7edf\u8ba1\u5904\u6307\u51fa\uff0c2019\u5e74\u9999\u6e2f\u6574\u4f53\u7684\u8d2b\u7a77\u4eba\u53e3\u4e3a149\u4e07\uff0c\u6bd42018\u5e74\u589e\u52a0\u4e869\u4e07\uff0c\u8d2b\u7a77\u7387\u753120.4%\u5347\u81f321.4%\u3002\u7eb5\u4f7f\u8fd9\u6216\u4e0e\u4eba\u53e3\u9ad8\u9f84\u5316\u6709\u5173\uff0c\u4f462016\u81f32018\u5e74\u95f4\uff0c\u9752\u5e74\u8d2b\u7a77\u7387\u5374\u8fde\u7eed3\u5e74\u5f55\u5f97\u5347\u5e45\uff0c\u4e3a\u657090100\u4eba\uff0c\u5360\u603b\u8d2b\u7a77\u4eba\u53e38.8%\u3002 \u65b0\u90e8\u7f72\u626d\u8f6c\u4e7e\u5764 \u653e\u773c\u56fd\u9645\u793e\u4f1a\uff0c\u6b27\u7f8e\u653f\u5e9c\u7eb7\u7eb7\u5b9e\u65bd\u4f4e\u5229\u7387\u91cf\u5bbd\u653f\u7b56\uff0c\u4e0d\u6392\u9664\u4f1a\u4ea7\u751f\u8d44\u4ea7\u6ce1\u6cab\u7206\u7834\u800c\u89e6\u53d1\u91d1\u878d\u5371\u673a\uff0c\u52a0\u4e0a\u4fdd\u62a4\u4e3b\u4e49\u548c\u5355\u8fb9\u4e3b\u4e49\u4e58\u52bf\u5174\u8d77\uff0c\u56fd\u9645\u8d38\u6613\u548c\u6295\u8d44\u5927\u5e45\u840e\u7f29\uff0c\u5168\u7403\u7ecf\u6d4e\u3001\u79d1\u6280\u3001\u653f\u6cbb\u5747\u9762\u4e34\u5de8\u53d8\u3002 \u73af\u7403\u7ecf\u6d4e\u77ed\u671f\u5185\u80fd\u5426\u907f\u514d\u8870\u9000\uff0c\u53d6\u51b3\u4e8e\u4ee5\u4e0b\u56e0\u7d20\uff1a\u75ab\u60c5\u7684\u51b2\u51fb\u4f1a\u5426\u6301\u7eed\u4e0b\u53bb\uff1f\u5404\u7ecf\u6d4e\u4f53\u80fd\u5426\u91cd\u5efa\u4f9b\u5e94\u94fe\u4ee5\u6539\u5584\u4e16\u754c\u8d38\u6613\uff1f\u75ab\u60c5\u4f1a\u5426\u7ed3\u6784\u6027\u524a\u5f31\u52b3\u5de5\u5e02\u573a\u6216\u5bf9\u7ecf\u6d4e\u9700\u6c42\u9020\u6210\u6c38\u4e45\u7ed3\u6784\u6027\u635f\u5931\uff1f \u5f53\u524d\u4e2d\u56fd\u7ecf\u6d4e\u5df2\u7531\u9ad8\u901f\u589e\u957f\u9636\u6bb5\u8f6c\u5411\u9ad8\u8d28\u91cf\u53d1\u5c55\u9636\u6bb5\uff0c\u5728\u56fd\u5185\u56fd\u9645\u53cc\u5faa\u73af\u7b56\u7565\u4e0b\uff0c\u9999\u6e2f\u7ecf\u6d4e\u590d\u82cf\u5219\u53d6\u51b3\u4e8e\u4ee5\u4e0b\u51e0\u4e2a\u56e0\u7d20\u3002\u5f53\u65b0\u51a0\u75ab\u82d7\u5e7f\u6cdb\u63a5\u79cd\u540e\uff0c\u9884\u671f\u7ecf\u6d4e\u53ef\u5feb\u901f\u6062\u590d\uff0c\u5e02\u6c11\u6d88\u8d39\u53ef\u671b\u5f39\u529b\u53cd\u5f39\u3002\u5065\u5eb7\u7801\u53ca\u68c0\u75ab\u63aa\u65bd\u82e5\u80fd\u5168\u9762\u843d\u5b9e\uff0c\u5219\u53ef\u671b\u5728\u7b2c\u4e8c\u5b63\u672b\u81f3\u7b2c\u4e09\u5b63\u521d\u4e0e\u5185\u5730\u91cd\u65b0\u901a\u5173\uff0c\u800c\u4ee4\u96f6\u552e\u53ca\u670d\u52a1\u884c\u4e1a\u590d\u82cf\u3002\u7ecf\u6d4e\u91cd\u62fe\u6b63\u8f68\u6709\u52a9\u7279\u533a\u653f\u5e9c\u89e3\u51b3\u8d2b\u5bcc\u60ac\u6b8a\u7b49\u8001\u5927\u96be\u95ee\u9898\uff0c\u6b63\u5982\u7b14\u8005\u5728\u672c\u680f\u4e3a\u6587\u5206\u6790\u3010\u6ce82\u3011\uff0c\u653f\u5e9c\u5fc5\u987b\u91cd\u5efa\u7f6e\u4e1a\u9636\u68af\uff0c\u4ee5\u6539\u5584\u793e\u4f1a\u4e0d\u5747\u73b0\u8c61\u3002 \u7ecf\u5386\u4e24\u5e74\u6765\u5185\u5916\u4ea4\u56f0\uff0c\u867d\u7136\u5916\u8d44\u672a\u6709\u660e\u663e\u64a4\u79bb\u9999\u6e2f\u7684\u8ff9\u8c61\uff0c\u4f46\u897f\u65b9\u56fd\u5bb6\u4ee5\u81f3\u90bb\u56fd\u5982\u65b0\u52a0\u5761\uff0c\u5747\u9510\u610f\u5438\u7eb3\u9999\u6e2f\u7684\u4eba\u624d\u3001\u6280\u672f\u548c\u8d44\u91d1\u3002\u867d\u7136\u672c\u5730\u7684\u7b80\u5355\u4f4e\u7a0e\u5236\u3001\u81ea\u7531\u8425\u5546\u73af\u5883\u3001\u5b8c\u5584\u7684\u53f8\u6cd5\u5236\u5ea6\uff0c\u4ecd\u7136\u662f\u5438\u5f15\u5916\u8d44\u7559\u6e2f\u7684\u91cd\u8981\u5143\u7d20\uff0c\u4f46\u7279\u533a\u653f\u5e9c\u4e0d\u53ef\u6389\u4ee5\u8f7b\u5fc3\u3002\u8d44\u91d1\u80fd\u5426\u81ea\u7531\u8fdb\u51fa\uff0c\u4e5f\u662f\u5916\u6765\u6295\u8d44\u8005\u7684\u91cd\u8981\u8003\u8651\u56e0\u7d20\uff0c\u6bd5\u7adf\u56fd\u9645\u91d1\u878d\u4e2d\u5fc3\u5b9a\u4f4d\u53d6\u51b3\u4e8e\u300c\u4fe1\u5fc3\u300d\u4e8c\u5b57\u3002\u5982\u4f55\u5de9\u56fa\u8de8\u56fd\u4f01\u4e1a\u548c\u56fd\u9645\u6295\u8d44\u8005\u5bf9\u9999\u6e2f\u4f5c\u4e3a\u4e9a\u6d32\u56fd\u9645\u90fd\u4f1a\u7684\u4fe1\u5fc3\uff0c\u5b9e\u4e43\u7279\u533a\u653f\u5e9c\u5f53\u52a1\u4e4b\u6025\u3002 \u8d44\u6599\u6765\u6e90\uff1aTrade Weighted U.S. Dollar Index: Broad, Goods and Services (DTWEXBGS) | FRED | St. Louis Fed\uff08\u68c0\u7d22\u4e8e2021\u5e742\u670816\u65e5\uff09 \u8d44\u6599\u6765\u6e90\uff1a^HSI 30,792.85 148.12 0.48% : HANG SENG INDEX - Yahoo Finance\uff08\u68c0\u7d22\u4e8e2021\u5e742\u670816\u65e5\uff09 \u8d44\u6599\u6765\u6e90\uff1aYahoo","og:url":"https:\/\/www.hkubs.hku.hk\/sc\/research\/thought-leadership\/hkej-column\/to-rejuvenate-the-hong-kong-economy-2021\/","article:published_time":"2021-02-25T01:00:16+00:00","article:modified_time":"2021-05-07T08:39:42+00:00","twitter:card":"summary","twitter:title":"\u4e00\u5e74\u4e4b\u8ba1 \u590d\u5174\u7ecf\u6d4e - HKU Business School","twitter:description":"\u51a0\u72b6\u75c5\u6bd2\u75c5\u75ab\u60c5\u521d\u671f\uff0c\u4e00\u4f17\u7ecf\u6d4e\u5b66\u5bb6\u9884\u6d4b\uff0c2020\u5e74\u5168\u7403\u5c06\u9677\u51651930\u5e74\u4ee3\u5927\u8427\u6761\u4ee5\u6765\u6700\u4e25\u91cd\u8870\u9000\uff0c\u4f46\u540e\u6765\u5219\u4fee\u8ba2\u4e3a\u4e0e2007\u81f32009\u5e74\u91d1\u878d\u6d77\u5578\u60c5\u51b5\u76f8\u82e5\u3002\u4f8b\u5982\u6839\u636e2020\u5e745\u6708\u300a\u534e\u5c14\u8857\u65e5\u62a5\u300b\u7684\u8c03\u67e5\uff0c\u7f8e\u56fd\u7ecf\u6d4e\u5b66\u5bb6\u666e\u904d\u9884\u6d4b\uff0c\u540c\u5e74\u7f8e\u56fd\u7ecf\u6d4e\u5c06\u6536\u7f296.6%\uff0c\u5c5e\u5927\u8427\u6761\u4ee5\u6765\u4e4b\u6700\uff1b\u8054\u90a6\u50a8\u5907\u5c40\u5b98\u5458\u968f\u4e8e6\u6708\u9884\u6d4b\uff0c\u6536\u7f29\u5e45\u5ea6\u4e3a6.5% \u3002 \u4f46\u52309\u6708\uff0c\u8054\u50a8\u5c40\u5219\u5c06\u7ecf\u6d4e\u6536\u7f29\u7387\u4e0b\u8c03\u81f33.7%\uff1b\u968f\u7740\u65b0\u51a0\u75ab\u82d7\u9646\u7eed\u9762\u4e16\u53ca\u7f8e\u56fd\u603b\u7edf\u5927\u9009\u5c18\u57c3\u843d\u5b9a\uff0c12\u6708\u518d\u6b21\u4fee\u8ba2\u6536\u7f29\u5e45\u5ea6\u4e3a2.4%\uff0c\u8fdc\u4f4e\u4e8e\u91d1\u878d\u6d77\u5578\u7ed3\u675f\u65f64.3%\u7684\u6c34\u5e73\u3002 12\u670827\u65e5\uff0c\u7f8e\u56fd\u56fd\u4f1a\u901a\u8fc72.3\u4e07\u4ebf\u7f8e\u5143\u7684\u300a\u65b0\u51a0\u75c5\u6bd2\u63f4\u52a9\u3001\u6551\u6d4e\u548c\u7ecf\u6d4e\u5b89\u5168\u6cd5\u6848\u300b\uff0c\u63d0\u4f9b9000\u4ebf\u7f8e\u5143\u523a\u6fc0\u6027\u63f4\u52a9\uff0c\u540c\u65f6\u4e3a\u622a\u81f32021\u5e749\u670830\u65e5\u4e3a\u6b62\u8054\u90a6\u653f\u5e9c\u8d22\u653f\u5e74\u5ea6\u63d0\u4f9b1.4\u4e07\u4ebf\u7f8e\u5143\u8d44\u91d1\u3002\u4e8b\u5b9e\u4e0a\uff0c\u5168\u7403\u591a\u56fd\u53bb\u5e74\u90fd\u91c7\u53d6\u4e86\u76f8\u7c7b\u7684\u6269\u5f20\u6027\u8d22\u653f\u653f\u7b56\uff0c\u9884\u8ba1\u6709\u5173\u653f\u7b56\u65b9\u5411\u57282021\u5e74\u4ecd\u4f1a\u6301\u7eed\u3002 \u56fd\u9645\u8d27\u5e01\u4e0e\u8d38\u6613 2021\u5e74\u4f0a\u59cb\uff0c\u56fd\u9645\u8d27\u5e01\u57fa\u91d1\u7ec4\u7ec7\u53d1\u5e03\u7684\u6700\u65b0\u4e00\u671f\u300a\u4e16\u754c\u7ecf\u6d4e\u5c55\u671b\u300b\uff0c\u9884\u6d4b\u672c\u5e74\u73af\u7403\u7ecf\u6d4e\u589e\u957f\u4e3a5.5%\uff0c\u8f83\u53bb\u5e7410\u6708\u9884\u6d4b\u4e0a\u8c030.3\u4e2a\u767e\u5206\u70b9\u3002\u523a\u6fc0\u589e\u957f\u63aa\u65bd\u56fa\u7136\u91cd\u8981\uff0c\u4f46\u5982\u8981\u590d\u82cf\u7a33\u5065\uff0c\u8fd8\u987b\u7ba1\u7406\u597d\u75ab\u60c5\uff0c\u5e76\u6709\u8d56\u56fd\u9645\u8d38\u6613\u5468\u671f\u53cd\u5f39\u7684\u52a9\u529b\u3002 \u81ea2020\u5e743\u6708\u4e2d\u81f3\u5e74\u7ec8\uff0c\u7f8e\u5143\u5bf9\u4e00\u7bee\u5b50\u8d38\u6613\u52a0\u6743\u8d27\u5e01\u7684\u6c47\u7387\u4ece117\u4e0b\u8dcc\u81f3102.6\uff0c\u77ed\u77ed8\u4e2a\u6708\u95f4\u8dcc\u5e45\u8d85\u8fc712%\uff0c\u5904\u4e8e\u8fc7\u53bb\u4e24\u5e74\u591a\u7684\u6700\u4f4e\u6c34\u5e73\u3010\u56fe1\u3011\u3002\u7f8e\u5143\u4e0e\u4e3b\u8981\u8d27\u5e01\u7684\u5229\u7387\u5dee\u5f02\u5728\u75ab\u60c5\u671f\u95f4\u4e5f\u5927\u5e45\u7f29\u5c0f\u3002 \u7f8e\u5143\u8d70\u5f31\u867d\u53ef\u63d0\u5347\u7f8e\u56fd\u51fa\u53e3\u7684\u7ade\u4e89\u529b\uff0c\u4f46\u540c\u65f6\u4f1a\u56e0\u8fdb\u53e3\u5546\u54c1\u8f83\u6602\u8d35\u800c\u8f93\u5165\u901a\u80c0\u3002\u7f8e\u5143\u6301\u7eed\u8d70\u5f31\u7684\u56e0\u7d20\u4e0d\u5916\u4e09\u9879\uff1a\u7b2c\u4e00\uff0c\u6709\u6548\u75ab\u82d7\u9762\u4e16\u5e76\u5728\u5404\u56fd\u5e7f\u6cdb\u63a5\u79cd\uff0c\u6709\u52a9\u51cf\u8f7b\u75ab\u707e\u5bf9\u7ecf\u6d4e\u9020\u6210\u7684\u4e0d\u786e\u5b9a\u6027\u53ca\u98ce\u9669\uff0c\u800c\u7f8e\u5143\u4f5c\u4e3a\u907f\u9669\u8d27\u5e01\u7684\u4f5c\u7528\u51cf\u4f4e\uff0c\u5219\u5bfc\u81f4\u7f8e\u5143\u9700\u6c42\u4e0b\u8dcc\u3002\u7b2c\u4e8c\uff0c\u7f8e\u56fd\u9488\u5bf9\u516c\u5171\u536b\u751f\u5371\u673a\u53ca\u7ecf\u6d4e\u8870\u9000\u63d0\u4f9b\u4e86\u975e\u5e38\u79ef\u6781\u7684\u6269\u5f20\u6027\u8d27\u5e01\u53ca\u8d22\u653f\u5f00\u652f\u653f\u7b56\uff0c\u5927\u5927\u589e\u52a0\u4e86\u8d27\u5e01\u4f9b\u5e94\u3002\u7b2c\u4e09\uff0c\u7f8e\u56fd\u4ecd\u53d7\u8d22\u653f\u9884\u7b97\u548c\u8d38\u6613\u7684\u53cc\u91cd\u8d64\u5b57\u56f0\u6270\u3002 \u56e0\u6b64\uff0c\u9884\u671f\u7f8e\u5143\u4eca\u5e74\u5c06\u7ee7\u7eed\u504f\u8f6f\uff0c\u5bf9\u8be5\u56fd\u7ecf\u6d4e\u6765\u8bf4\u65e0\u7591\u662f\u4e00\u9879\u5229\u597d\u56e0\u7d20\uff0c\u5bf9\u5168\u7403\u7ecf\u6d4e\u4e5f\u6709\u79ef\u6781\u4f5c\u7528\u3002\u539f\u56e0\u662f\u591a\u6570\u5927\u5b97\u5546\u54c1\uff08\u5982\u77f3\u6cb9\uff09\u4ee5\u7f8e\u5143\u8ba1\u4ef7\uff0c\u7f8e\u5143\u8d70\u5f31\u5c06\u4f7f\u4e00\u4e9b\u5546\u54c1\u4ef7\u683c\u4e0b\u964d\u3002\u6b64\u5916\uff0c\u5168\u7403\u5c24\u5176\u662f\u65b0\u5174\u7ecf\u6d4e\u4f53\u7684\u503a\u52a1\uff0c\u7531\u4e8e\u5927\u90e8\u5206\u4ee5\u7f8e\u5143\u501f\u5165\uff0c\u507f\u8fd8\u503a\u52a1\u6210\u672c\u4e5f\u4f1a\u968f\u4e4b\u964d\u4f4e\u3002 \u75ab\u4e0b\u5404\u5927\u80a1\u5e02\u8868\u73b0 \u53bb\u5e74\u6295\u8d44\u5e02\u573a\u51fa\u73b0\u4e00\u4e2a\u6709\u8da3\u73b0\u8c61\uff0c\u5c31\u662f\u5404\u56fd\u7ecf\u6d4e\u56e0\u75ab\u60c5\u800c\u840e\u7f29\u4e4b\u9645\uff0c\u80a1\u7968\u5e02\u573a\u53cd\u800c\u6301\u7eed\u4e0a\u626c\u3002\u89c2\u4e4e\u80a1\u5e02\u4e3b\u8981\u53cd\u6620\u9884\u671f\u4e2d\u7684\u7ecf\u6d4e\u8868\u73b0\uff0c\u77ed\u671f\u800c\u8a00\uff0c\u4e0e\u7ecf\u6d4e\u5b9e\u51b5\u7684\u76f8\u5173\u6027\u5374\u751a\u4f4e\u3002\u4ee5\u6052\u751f\u6307\u6570\u548c\u9999\u6e2f\u7279\u533a\u7ecf\u6d4e\u4e3a\u4f8b\uff0c\u4ece\u3010\u56fe2\u3011\u53ef\u89c1\u4e24\u8005\u572830\u5e74\u7684\u76f8\u5173\u6027\u4e00\u76f4\u5e76\u4e0d\u7a33\u5b9a\u3002 2021\u5e742\u6708\u521d\uff0c\u5404\u5927\u80a1\u5e02\u8868\u73b0\u5df2\u80dc\u8fc7\u53bb\u5e741\u6708\u51a0\u72b6\u75c5\u6bd2\u75c5\u5c1a\u672a\u8513\u5ef6\u5168\u7403\u4e4b\u65f6\u3002\u4ece2019\u5e741\u6708\u81f32021\u5e741\u6708\uff0c\u6807\u666e500\u6307\u6570\u7684\u4e24\u5e74\u56de\u62a5\u662f46%\uff0c\u65e5\u7ecf\u6307\u6570\u4e3a42%\uff0c\u4e0a\u8bc1\u6307\u6570\u4e3a41%\uff0c\u5fb7\u56fdDAX\u4e3a26%\uff0c\u800c\u6052\u751f\u6307\u6570\u5219\u53ea\u67098%\u3010\u56fe3\u3011\u3002\u5176\u5b9e\u4ece2019\u5e74\u7b2c\u4e00\u5b63\u5ea6\u8d77\uff0c\u6052\u751f\u6307\u6570\u5df2\u843d\u540e\u4e8e\u73af\u7403\u5927\u5e02\uff0c\u7a81\u663e\u51fa\u9999\u6e2f\u5185\u90e8\u4e89\u62d7\u548c\u793e\u4f1a\u52a8\u8361\u7684\u5f71\u54cd\u3002 \u7ecf\u6d4e\u590d\u82cf\u7684\u66d9\u5149 \u5927\u591a\u6570\u7ecf\u6d4e\u4f53\u9884\u671f\u8981\u52302021\u5e74\u4e2d\u540e\u671f\uff0c\u65b9\u80fd\u6062\u590d\u5230\u75ab\u524d\u7684\u5b9e\u8d28\u672c\u5730\u751f\u4ea7\u603b\u503c\u6c34\u5e73\uff0c\u5931\u4e1a\u7387\u5219\u7ef4\u6301\u5728\u5e73\u5747\u7ebf\u4e0a\u3002\u56e0\u6b64\uff0c\u5c3d\u7ba1\u5b9e\u65bd\u8fdb\u53d6\u7684\u523a\u6fc0\u63aa\u65bd\uff0c\u7ee7\u7eed\u6269\u5f20\uff0c\u4ea6\u4f1a\u5728\u8f83\u540e\u65f6\u95f4\u624d\u5448\u73b0\u901a\u80c0\u538b\u529b\u3002\u7ecf\u6d4e\u5408\u4f5c\u4e0e\u53d1\u5c55\u7ec4\u7ec7\u66fe\u9884\u6d4b\uff0c37\u4e2a\u53d1\u8fbe\u56fd\u5bb6\u57282020\u5e74\u5185\u7684\u7ecf\u6d4e\u6536\u7f29\u4e3a5.5%\uff0c\u5168\u7403\u7ecf\u6d4e\u589e\u957f\u5219\u4e0b\u8c034.2%\u3002\u8870\u9000\u56f0\u5883\u8fd1\u767e\u5e74\u4e00\u9047\uff0c\u4ee4\u4eba\u5fe7\u8651\u3002 \u62dc\u767b\u653f\u5e9c\u4e0a\u573a\u521a\u8fc71\u4e2a\u6708\uff0c\u7f8e\u56fd\u80fd\u5426\u5728\u4e16\u754c\u7ecf\u6d4e\u91cd\u62fe\u9886\u519b\u5730\u4f4d\uff0c\u9a71\u52a8\u5404\u56fd\u8fc8\u5411\u7ecf\u6d4e\u590d\u82cf\uff0c\u4ecd\u662f\u672a\u77e5\u4e4b\u6570\u3002\u53cd\u89c2\u4e2d\u56fd\u56e0\u80fd\u6709\u6548\u63a7\u5236\u75ab\u60c5\uff0c\u751f\u4ea7\u529b\u548c\u7ecf\u6d4e\u6d3b\u52a8\u6062\u590d\u5f97\u6700\u5feb\u3002\u56fd\u5bb6\u7edf\u8ba1\u5c40\u516c\u5e03\u7684\u591a\u9879\u6570\u636e\u663e\u793a\uff0c2020\u5e74\u4e2d\u671f\u56fd\u5185\u7ecf\u6d4e\u5df2\u5448\u73b0V\u5f62\u53cd\u5f39\uff0c5\u6708\u4efd\u6d88\u8d39\u7269\u4ef7\u6307\u6570\u6309\u5e74\u4e0a\u6da82.4%\u3002\u52a0\u4e0a\u56fd\u5185\u56fd\u5916\u53cc\u5faa\u73af\u7684\u7ecf\u6d4e\u7b56\u7565\uff0c\u4e2d\u56fd\u7ecf\u6d4e\u53ef\u8c13\u4e00\u679d\u72ec\u79c0\uff0c\u6709\u671b\u5e26\u9886\u5168\u7403\u7ecf\u6d4e\u5411\u4e0a\u3002 \u91cd\u91cd\u56f4\u56f0\u6709\u5f85\u7a81\u7834 \u805a\u7126\u672c\u6e2f\uff0c\u6839\u636e\u7279\u533a\u653f\u5e9c\u7edf\u8ba1\u5904\u5728\u4e0a\u6708\u5e95\u53d1\u5e032020\u5e74\u7684\u672c\u5730\u751f\u4ea7\u603b\u503c\uff08GDP\uff09\u4f30\u8ba1\u6570\u5b57\uff0c\u7b2c\u56db\u5b63\u8f83\u4e0a\u5e74\u540c\u671f\u5b9e\u8d28\u4e0b\u8dcc3%\uff0c\u5168\u5e74GDP\u5219\u6309\u5e74\u5b9e\u8d28\u4e0b\u8dcc6.1%\u3010\u6ce81\u3011\u3002\u653f\u5e9c\u53bb\u5e74\u5148\u540e\u63a8\u51fa\u591a\u9879\u7ebe\u56f0\u63aa\u65bd\uff0c\u603b\u503c\u903e3000\u4ebf\u5143\uff0c\u4ee5\u81f4\u8d22\u653f\u50a8\u5907\u964d\u81f3\u7ea68000\u4ebf\u5143\uff0c\u76f8\u5f53\u4e8e\u653f\u5e9c13\u81f314\u4e2a\u6708\u7684\u7ecf\u5e38\u5f00\u652f\uff0c\u63a5\u8fd12003\u5e74\u300c\u6c99\u58eb\u300d\u540e\u7684\u6c34\u5e73\u3002\u9884\u6599\u8d22\u653f\u523a\u6fc0\u65b9\u6848\u5c06\u9010\u6b65\u64a4\u9664\uff1b\u4e3a\u51cf\u8f7b\u8d22\u653f\u538b\u529b\uff0c\u653f\u5e9c\u4ea6\u5e94\u8bbe\u6cd5\u5f00\u6e90\u3002 \u6309\u7edf\u8ba1\u5904\u8d44\u6599\uff0c\u5931\u4e1a\u7387\u75312019\u5e7412\u6708\u76843.7%\u98d9\u5347\u81f32020\u5e74\u7b2c\u56db\u5b63\u76846.6%\uff0c\u5931\u4e1a\u4eba\u6570\u8d85\u8fc724\u4e07\uff1b2020\u5e7410\u6708\u81f32021\u5e741\u6708\uff0c\u5931\u4e1a\u7387\u66f4\u8fbe7%\uff0c\u5931\u4e1a\u4eba\u657025.3\u4e07\uff0c\u521b16\u5e74\u6765\u65b0\u9ad8\u3002\u52b3\u5de5\u53ca\u798f\u5229\u5c40\u5c40\u957f\u7f57\u81f4\u5149\u4f30\u8ba1\u672c\u5e74\u7b2c\u4e00\u5b63\u5931\u4e1a\u7387\u6216\u4f1a\u5347\u81f37.2%\u624d\u89c1\u9876\uff0c\u8fd9\u5c06\u4f4e\u4e8e2003\u5e748.5%\u7684\u9876\u5cf0\uff1b\u5931\u4e1a\u7387\u9884\u8ba1\u5728\u4e0b\u534a\u5e74\u7ecf\u6d4e\u597d\u8f6c\u540e\u624d\u4f1a\u56de\u843d\u3002 \u53e6\u4e00\u65b9\u9762\uff0c\u8d2b\u7a77\u95ee\u9898\u6301\u7eed\u6076\u5316\u3002\u7edf\u8ba1\u5904\u6307\u51fa\uff0c2019\u5e74\u9999\u6e2f\u6574\u4f53\u7684\u8d2b\u7a77\u4eba\u53e3\u4e3a149\u4e07\uff0c\u6bd42018\u5e74\u589e\u52a0\u4e869\u4e07\uff0c\u8d2b\u7a77\u7387\u753120.4%\u5347\u81f321.4%\u3002\u7eb5\u4f7f\u8fd9\u6216\u4e0e\u4eba\u53e3\u9ad8\u9f84\u5316\u6709\u5173\uff0c\u4f462016\u81f32018\u5e74\u95f4\uff0c\u9752\u5e74\u8d2b\u7a77\u7387\u5374\u8fde\u7eed3\u5e74\u5f55\u5f97\u5347\u5e45\uff0c\u4e3a\u657090100\u4eba\uff0c\u5360\u603b\u8d2b\u7a77\u4eba\u53e38.8%\u3002 \u65b0\u90e8\u7f72\u626d\u8f6c\u4e7e\u5764 \u653e\u773c\u56fd\u9645\u793e\u4f1a\uff0c\u6b27\u7f8e\u653f\u5e9c\u7eb7\u7eb7\u5b9e\u65bd\u4f4e\u5229\u7387\u91cf\u5bbd\u653f\u7b56\uff0c\u4e0d\u6392\u9664\u4f1a\u4ea7\u751f\u8d44\u4ea7\u6ce1\u6cab\u7206\u7834\u800c\u89e6\u53d1\u91d1\u878d\u5371\u673a\uff0c\u52a0\u4e0a\u4fdd\u62a4\u4e3b\u4e49\u548c\u5355\u8fb9\u4e3b\u4e49\u4e58\u52bf\u5174\u8d77\uff0c\u56fd\u9645\u8d38\u6613\u548c\u6295\u8d44\u5927\u5e45\u840e\u7f29\uff0c\u5168\u7403\u7ecf\u6d4e\u3001\u79d1\u6280\u3001\u653f\u6cbb\u5747\u9762\u4e34\u5de8\u53d8\u3002 \u73af\u7403\u7ecf\u6d4e\u77ed\u671f\u5185\u80fd\u5426\u907f\u514d\u8870\u9000\uff0c\u53d6\u51b3\u4e8e\u4ee5\u4e0b\u56e0\u7d20\uff1a\u75ab\u60c5\u7684\u51b2\u51fb\u4f1a\u5426\u6301\u7eed\u4e0b\u53bb\uff1f\u5404\u7ecf\u6d4e\u4f53\u80fd\u5426\u91cd\u5efa\u4f9b\u5e94\u94fe\u4ee5\u6539\u5584\u4e16\u754c\u8d38\u6613\uff1f\u75ab\u60c5\u4f1a\u5426\u7ed3\u6784\u6027\u524a\u5f31\u52b3\u5de5\u5e02\u573a\u6216\u5bf9\u7ecf\u6d4e\u9700\u6c42\u9020\u6210\u6c38\u4e45\u7ed3\u6784\u6027\u635f\u5931\uff1f \u5f53\u524d\u4e2d\u56fd\u7ecf\u6d4e\u5df2\u7531\u9ad8\u901f\u589e\u957f\u9636\u6bb5\u8f6c\u5411\u9ad8\u8d28\u91cf\u53d1\u5c55\u9636\u6bb5\uff0c\u5728\u56fd\u5185\u56fd\u9645\u53cc\u5faa\u73af\u7b56\u7565\u4e0b\uff0c\u9999\u6e2f\u7ecf\u6d4e\u590d\u82cf\u5219\u53d6\u51b3\u4e8e\u4ee5\u4e0b\u51e0\u4e2a\u56e0\u7d20\u3002\u5f53\u65b0\u51a0\u75ab\u82d7\u5e7f\u6cdb\u63a5\u79cd\u540e\uff0c\u9884\u671f\u7ecf\u6d4e\u53ef\u5feb\u901f\u6062\u590d\uff0c\u5e02\u6c11\u6d88\u8d39\u53ef\u671b\u5f39\u529b\u53cd\u5f39\u3002\u5065\u5eb7\u7801\u53ca\u68c0\u75ab\u63aa\u65bd\u82e5\u80fd\u5168\u9762\u843d\u5b9e\uff0c\u5219\u53ef\u671b\u5728\u7b2c\u4e8c\u5b63\u672b\u81f3\u7b2c\u4e09\u5b63\u521d\u4e0e\u5185\u5730\u91cd\u65b0\u901a\u5173\uff0c\u800c\u4ee4\u96f6\u552e\u53ca\u670d\u52a1\u884c\u4e1a\u590d\u82cf\u3002\u7ecf\u6d4e\u91cd\u62fe\u6b63\u8f68\u6709\u52a9\u7279\u533a\u653f\u5e9c\u89e3\u51b3\u8d2b\u5bcc\u60ac\u6b8a\u7b49\u8001\u5927\u96be\u95ee\u9898\uff0c\u6b63\u5982\u7b14\u8005\u5728\u672c\u680f\u4e3a\u6587\u5206\u6790\u3010\u6ce82\u3011\uff0c\u653f\u5e9c\u5fc5\u987b\u91cd\u5efa\u7f6e\u4e1a\u9636\u68af\uff0c\u4ee5\u6539\u5584\u793e\u4f1a\u4e0d\u5747\u73b0\u8c61\u3002 \u7ecf\u5386\u4e24\u5e74\u6765\u5185\u5916\u4ea4\u56f0\uff0c\u867d\u7136\u5916\u8d44\u672a\u6709\u660e\u663e\u64a4\u79bb\u9999\u6e2f\u7684\u8ff9\u8c61\uff0c\u4f46\u897f\u65b9\u56fd\u5bb6\u4ee5\u81f3\u90bb\u56fd\u5982\u65b0\u52a0\u5761\uff0c\u5747\u9510\u610f\u5438\u7eb3\u9999\u6e2f\u7684\u4eba\u624d\u3001\u6280\u672f\u548c\u8d44\u91d1\u3002\u867d\u7136\u672c\u5730\u7684\u7b80\u5355\u4f4e\u7a0e\u5236\u3001\u81ea\u7531\u8425\u5546\u73af\u5883\u3001\u5b8c\u5584\u7684\u53f8\u6cd5\u5236\u5ea6\uff0c\u4ecd\u7136\u662f\u5438\u5f15\u5916\u8d44\u7559\u6e2f\u7684\u91cd\u8981\u5143\u7d20\uff0c\u4f46\u7279\u533a\u653f\u5e9c\u4e0d\u53ef\u6389\u4ee5\u8f7b\u5fc3\u3002\u8d44\u91d1\u80fd\u5426\u81ea\u7531\u8fdb\u51fa\uff0c\u4e5f\u662f\u5916\u6765\u6295\u8d44\u8005\u7684\u91cd\u8981\u8003\u8651\u56e0\u7d20\uff0c\u6bd5\u7adf\u56fd\u9645\u91d1\u878d\u4e2d\u5fc3\u5b9a\u4f4d\u53d6\u51b3\u4e8e\u300c\u4fe1\u5fc3\u300d\u4e8c\u5b57\u3002\u5982\u4f55\u5de9\u56fa\u8de8\u56fd\u4f01\u4e1a\u548c\u56fd\u9645\u6295\u8d44\u8005\u5bf9\u9999\u6e2f\u4f5c\u4e3a\u4e9a\u6d32\u56fd\u9645\u90fd\u4f1a\u7684\u4fe1\u5fc3\uff0c\u5b9e\u4e43\u7279\u533a\u653f\u5e9c\u5f53\u52a1\u4e4b\u6025\u3002 \u8d44\u6599\u6765\u6e90\uff1aTrade Weighted U.S. Dollar Index: Broad, Goods and Services (DTWEXBGS) | FRED | St. Louis Fed\uff08\u68c0\u7d22\u4e8e2021\u5e742\u670816\u65e5\uff09 \u8d44\u6599\u6765\u6e90\uff1a^HSI 30,792.85 148.12 0.48% : HANG SENG INDEX - Yahoo Finance\uff08\u68c0\u7d22\u4e8e2021\u5e742\u670816\u65e5\uff09 \u8d44\u6599\u6765\u6e90\uff1aYahoo"},"aioseo_meta_data":{"post_id":"137720","title":null,"description":"","keywords":"","keyphrases":null,"primary_term":null,"canonical_url":"","og_title":"","og_description":"","og_object_type":"article","og_image_type":"default","og_image_url":null,"og_image_width":null,"og_image_height":null,"og_image_custom_url":null,"og_image_custom_fields":null,"og_video":"","og_custom_url":null,"og_article_section":"","og_article_tags":"","twitter_use_og":false,"twitter_card":"summary","twitter_image_type":"default","twitter_image_url":null,"twitter_image_custom_url":null,"twitter_image_custom_fields":null,"twitter_title":null,"twitter_description":null,"schema":{"blockGraphs":[],"customGraphs":[],"default":{"data":{"Article":[],"Course":[],"Dataset":[],"FAQPage":[],"Movie":[],"Person":[],"Product":[],"ProductReview":[],"Car":[],"Recipe":[],"Service":[],"SoftwareApplication":[],"WebPage":[]},"graphName":"","isEnabled":true},"graphs":[]},"schema_type":"default","schema_type_options":null,"pillar_content":false,"robots_default":true,"robots_noindex":false,"robots_noarchive":false,"robots_nosnippet":false,"robots_nofollow":false,"robots_noimageindex":false,"robots_noodp":false,"robots_notranslate":false,"robots_max_snippet":null,"robots_max_videopreview":null,"robots_max_imagepreview":"large","priority":null,"frequency":null,"local_seo":null,"breadcrumb_settings":null,"limit_modified_date":0,"ai":null,"created":"2023-02-28 06:22:27","updated":"2023-03-01 05:22:12","seo_analyzer_scan_date":null},"aioseo_breadcrumb":"<div class=\"aioseo-breadcrumbs\"><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/www.hkubs.hku.hk\/sc\/\" title=\"Home\">Home<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/www.hkubs.hku.hk\/sc\/tag\/%e7%8e%af%e7%90%83%e7%bb%8f%e6%b5%8e\/\" title=\"\u73af\u7403\u7ecf\u6d4e\">\u73af\u7403\u7ecf\u6d4e<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\t\u4e00\u5e74\u4e4b\u8ba1 \u590d\u5174\u7ecf\u6d4e\n\t\t<\/span><\/div>","aioseo_breadcrumb_json":[{"label":"Home","link":"https:\/\/www.hkubs.hku.hk\/sc\/"},{"label":"\u73af\u7403\u7ecf\u6d4e","link":"https:\/\/www.hkubs.hku.hk\/sc\/tag\/%e7%8e%af%e7%90%83%e7%bb%8f%e6%b5%8e\/"},{"label":"\u4e00\u5e74\u4e4b\u8ba1 \u590d\u5174\u7ecf\u6d4e","link":"https:\/\/www.hkubs.hku.hk\/sc\/research\/thought-leadership\/hkej-column\/to-rejuvenate-the-hong-kong-economy-2021\/"}],"_links":{"self":[{"href":"https:\/\/www.hkubs.hku.hk\/sc\/wp-json\/wp\/v2\/thought-leadership\/137720","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hkubs.hku.hk\/sc\/wp-json\/wp\/v2\/thought-leadership"}],"about":[{"href":"https:\/\/www.hkubs.hku.hk\/sc\/wp-json\/wp\/v2\/types\/thought-leadership"}],"version-history":[{"count":11,"href":"https:\/\/www.hkubs.hku.hk\/sc\/wp-json\/wp\/v2\/thought-leadership\/137720\/revisions"}],"predecessor-version":[{"id":142607,"href":"https:\/\/www.hkubs.hku.hk\/sc\/wp-json\/wp\/v2\/thought-leadership\/137720\/revisions\/142607"}],"wp:attachment":[{"href":"https:\/\/www.hkubs.hku.hk\/sc\/wp-json\/wp\/v2\/media?parent=137720"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hkubs.hku.hk\/sc\/wp-json\/wp\/v2\/tags?post=137720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}