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href=\"#\u8a3b1\">\u3010\u8a3b1\u3011<\/a>\u3002\u653f\u5e9c\u53bb\u5e74\u5148\u5f8c\u63a8\u51fa\u591a\u9805\u7d13\u56f0\u63aa\u65bd\uff0c\u7e3d\u503c\u903e3000\u5104\u5143\uff0c\u4ee5\u81f4\u8ca1\u653f\u5132\u5099\u964d\u81f3\u7d048000\u5104\u5143\uff0c\u76f8\u7576\u65bc\u653f\u5e9c13\u81f314\u500b\u6708\u7684\u7d93\u5e38\u958b\u652f\uff0c\u63a5\u8fd12003\u5e74\u300c\u6c99\u58eb\u300d\u5f8c\u7684\u6c34\u5e73\u3002\u9810\u6599\u8ca1\u653f\u523a\u6fc0\u65b9\u6848\u5c07\u9010\u6b65\u64a4\u9664\uff1b\u70ba\u6e1b\u8f15\u8ca1\u653f\u58d3\u529b\uff0c\u653f\u5e9c\u4ea6\u61c9\u8a2d\u6cd5\u958b\u6e90\u3002<\/p>\n<p>\u6309\u7d71\u8a08\u8655\u8cc7\u6599\uff0c\u5931\u696d\u7387\u75312019\u5e7412\u6708\u76843.7%\u98c6\u5347\u81f32020\u5e74\u7b2c\u56db\u5b63\u76846.6%\uff0c\u5931\u696d\u4eba\u6578\u8d85\u904e24\u842c\uff1b2020\u5e7410\u6708\u81f32021\u5e741\u6708\uff0c\u5931\u696d\u7387\u66f4\u90547%\uff0c\u5931\u696d\u4eba\u657825.3\u842c\uff0c\u527516\u5e74\u4f86\u65b0\u9ad8\u3002\u52de\u5de5\u53ca\u798f\u5229\u5c40\u5c40\u9577\u7f85\u81f4\u5149\u4f30\u8a08\u672c\u5e74\u7b2c\u4e00\u5b63\u5931\u696d\u7387\u6216\u6703\u5347\u81f37.2%\u624d\u898b\u9802\uff0c\u9019\u5c07\u4f4e\u65bc2003\u5e748.5%\u7684\u9802\u5cf0\uff1b\u5931\u696d\u7387\u9810\u8a08\u5728\u4e0b\u534a\u5e74\u7d93\u6fdf\u597d\u8f49\u5f8c\u624d\u6703\u56de\u843d\u3002<\/p>\n<p>\u53e6\u4e00\u65b9\u9762\uff0c\u8ca7\u7aae\u554f\u984c\u6301\u7e8c\u60e1\u5316\u3002\u7d71\u8a08\u8655\u6307\u51fa\uff0c2019\u5e74\u9999\u6e2f\u6574\u9ad4\u7684\u8ca7\u7aae\u4eba\u53e3\u70ba149\u842c\uff0c\u6bd42018\u5e74\u589e\u52a0\u4e869\u842c\uff0c\u8ca7\u7aae\u7387\u753120.4%\u5347\u81f321.4%\u3002\u7e31\u4f7f\u9019\u6216\u8207\u4eba\u53e3\u9ad8\u9f61\u5316\u6709\u95dc\uff0c\u4f462016\u81f32018\u5e74\u9593\uff0c\u9752\u5e74\u8ca7\u7aae\u7387\u537b\u9023\u7e8c3\u5e74\u9304\u5f97\u5347\u5e45\uff0c\u70ba\u657890100\u4eba\uff0c\u4f54\u7e3d\u8ca7\u7aae\u4eba\u53e38.8%\u3002<\/p>\n<h5>\u65b0\u90e8\u7f72\u626d\u8f49\u4e7e\u5764<\/h5>\n<p>\u653e\u773c\u570b\u969b\u793e\u6703\uff0c\u6b50\u7f8e\u653f\u5e9c\u7d1b\u7d1b\u5be6\u65bd\u4f4e\u5229\u7387\u91cf\u5bec\u653f\u7b56\uff0c\u4e0d\u6392\u9664\u6703\u7522\u751f\u8cc7\u7522\u6ce1\u6cab\u7206\u7834\u800c\u89f8\u767c\u91d1\u878d\u5371\u6a5f\uff0c\u52a0\u4e0a\u4fdd\u8b77\u4e3b\u7fa9\u548c\u55ae\u908a\u4e3b\u7fa9\u4e58\u52e2\u8208\u8d77\uff0c\u570b\u969b\u8cbf\u6613\u548c\u6295\u8cc7\u5927\u5e45\u840e\u7e2e\uff0c\u5168\u7403\u7d93\u6fdf\u3001\u79d1\u6280\u3001\u653f\u6cbb\u5747\u9762\u81e8\u5de8\u8b8a\u3002<\/p>\n<p>\u74b0\u7403\u7d93\u6fdf\u77ed\u671f\u5167\u80fd\u5426\u907f\u514d\u8870\u9000\uff0c\u53d6\u6c7a\u65bc\u4ee5\u4e0b\u56e0\u7d20\uff1a\u75ab\u60c5\u7684\u885d\u64ca\u6703\u5426\u6301\u7e8c\u4e0b\u53bb\uff1f\u5404\u7d93\u6fdf\u9ad4\u80fd\u5426\u91cd\u5efa\u4f9b\u61c9\u93c8\u4ee5\u6539\u5584\u4e16\u754c\u8cbf\u6613\uff1f\u75ab\u60c5\u6703\u5426\u7d50\u69cb\u6027\u524a\u5f31\u52de\u5de5\u5e02\u5834\u6216\u5c0d\u7d93\u6fdf\u9700\u6c42\u9020\u6210\u6c38\u4e45\u7d50\u69cb\u6027\u640d\u5931\uff1f<\/p>\n<p>\u7576\u524d\u4e2d\u570b\u7d93\u6fdf\u5df2\u7531\u9ad8\u901f\u589e\u9577\u968e\u6bb5\u8f49\u5411\u9ad8\u8cea\u91cf\u767c\u5c55\u968e\u6bb5\uff0c\u5728\u570b\u5167\u570b\u969b\u96d9\u5faa\u74b0\u7b56\u7565\u4e0b\uff0c\u9999\u6e2f\u7d93\u6fdf\u5fa9\u7526\u5247\u53d6\u6c7a\u65bc\u4ee5\u4e0b\u5e7e\u500b\u56e0\u7d20\u3002\u7576\u65b0\u51a0\u75ab\u82d7\u5ee3\u6cdb\u63a5\u7a2e\u5f8c\uff0c\u9810\u671f\u7d93\u6fdf\u53ef\u5feb\u901f\u6062\u5fa9\uff0c\u5e02\u6c11\u6d88\u8cbb\u53ef\u671b\u5f48\u529b\u53cd\u5f48\u3002\u5065\u5eb7\u78bc\u53ca\u6aa2\u75ab\u63aa\u65bd\u82e5\u80fd\u5168\u9762\u843d\u5be6\uff0c\u5247\u53ef\u671b\u5728\u7b2c\u4e8c\u5b63\u672b\u81f3\u7b2c\u4e09\u5b63\u521d\u8207\u5167\u5730\u91cd\u65b0\u901a\u95dc\uff0c\u800c\u4ee4\u96f6\u552e\u53ca\u670d\u52d9\u884c\u696d\u5fa9\u7526\u3002\u7d93\u6fdf\u91cd\u62fe\u6b63\u8ecc\u6709\u52a9\u7279\u5340\u653f\u5e9c\u89e3\u6c7a\u8ca7\u5bcc\u61f8\u6b8a\u7b49\u8001\u5927\u96e3\u554f\u984c\uff0c\u6b63\u5982\u7b46\u8005\u5728\u672c\u6b04\u70ba\u6587\u5206\u6790<a href=\"#\u8a3b2\">\u3010\u8a3b2\u3011<\/a>\uff0c\u653f\u5e9c\u5fc5\u9808\u91cd\u5efa\u7f6e\u696d\u968e\u68af\uff0c\u4ee5\u6539\u5584\u793e\u6703\u4e0d\u5747\u73fe\u8c61\u3002<\/p>\n<p>\u7d93\u6b77\u5169\u5e74\u4f86\u5167\u5916\u4ea4\u56f0\uff0c\u96d6\u7136\u5916\u8cc7\u672a\u6709\u660e\u986f\u64a4\u96e2\u9999\u6e2f\u7684\u8de1\u8c61\uff0c\u4f46\u897f\u65b9\u570b\u5bb6\u4ee5\u81f3\u9130\u570b\u5982\u65b0\u52a0\u5761\uff0c\u5747\u92b3\u610f\u5438\u7d0d\u9999\u6e2f\u7684\u4eba\u624d\u3001\u6280\u8853\u548c\u8cc7\u91d1\u3002\u96d6\u7136\u672c\u5730\u7684\u7c21\u55ae\u4f4e\u7a05\u5236\u3001\u81ea\u7531\u71df\u5546\u74b0\u5883\u3001\u5b8c\u5584\u7684\u53f8\u6cd5\u5236\u5ea6\uff0c\u4ecd\u7136\u662f\u5438\u5f15\u5916\u8cc7\u7559\u6e2f\u7684\u91cd\u8981\u5143\u7d20\uff0c\u4f46\u7279\u5340\u653f\u5e9c\u4e0d\u53ef\u6389\u4ee5\u8f15\u5fc3\u3002\u8cc7\u91d1\u80fd\u5426\u81ea\u7531\u9032\u51fa\uff0c\u4e5f\u662f\u5916\u4f86\u6295\u8cc7\u8005\u7684\u91cd\u8981\u8003\u616e\u56e0\u7d20\uff0c\u7562\u7adf\u570b\u969b\u91d1\u878d\u4e2d\u5fc3\u5b9a\u4f4d\u53d6\u6c7a\u65bc\u300c\u4fe1\u5fc3\u300d\u4e8c\u5b57\u3002\u5982\u4f55\u978f\u56fa\u8de8\u570b\u4f01\u696d\u548c\u570b\u969b\u6295\u8cc7\u8005\u5c0d\u9999\u6e2f\u4f5c\u70ba\u4e9e\u6d32\u570b\u969b\u90fd\u6703\u7684\u4fe1\u5fc3\uff0c\u5be6\u4e43\u7279\u5340\u653f\u5e9c\u7576\u52d9\u4e4b\u6025\u3002<\/p>\n<p>&nbsp;<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-137791 \" src=\"https:\/\/www.hkubs.hku.hk\/wp-content\/uploads\/2021\/02\/Pic-1-1.png\" alt=\"\" width=\"664\" height=\"390\" srcset=\"https:\/\/www.hkubs.hku.hk\/wp-content\/uploads\/2021\/02\/Pic-1-1.png 1177w, https:\/\/www.hkubs.hku.hk\/wp-content\/uploads\/2021\/02\/Pic-1-1-300x176.png 300w, https:\/\/www.hkubs.hku.hk\/wp-content\/uploads\/2021\/02\/Pic-1-1-1024x601.png 1024w, https:\/\/www.hkubs.hku.hk\/wp-content\/uploads\/2021\/02\/Pic-1-1-768x451.png 768w\" sizes=\"(max-width: 664px) 100vw, 664px\" \/><\/p>\n<p>\u8cc7\u6599\u4f86\u6e90\uff1a<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>\uff08\u6aa2\u7d22\u65bc2021\u5e742\u670816\u65e5\uff09<\/p>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" class=\"alignnone wp-image-137794 \" src=\"https:\/\/www.hkubs.hku.hk\/wp-content\/uploads\/2021\/02\/Pic-3-2.png\" alt=\"\" width=\"621\" height=\"381\" srcset=\"https:\/\/www.hkubs.hku.hk\/wp-content\/uploads\/2021\/02\/Pic-3-2.png 1126w, https:\/\/www.hkubs.hku.hk\/wp-content\/uploads\/2021\/02\/Pic-3-2-300x184.png 300w, https:\/\/www.hkubs.hku.hk\/wp-content\/uploads\/2021\/02\/Pic-3-2-1024x628.png 1024w, https:\/\/www.hkubs.hku.hk\/wp-content\/uploads\/2021\/02\/Pic-3-2-768x471.png 768w\" sizes=\"(max-width: 621px) 100vw, 621px\" \/><\/p>\n<p>\u8cc7\u6599\u4f86\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\u6aa2\u7d22\u65bc2021\u5e742\u670816\u65e5\uff09<\/p>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" class=\"alignnone wp-image-137797 \" src=\"https:\/\/www.hkubs.hku.hk\/wp-content\/uploads\/2021\/02\/Pic-5-1.png\" alt=\"\" width=\"614\" height=\"329\" srcset=\"https:\/\/www.hkubs.hku.hk\/wp-content\/uploads\/2021\/02\/Pic-5-1.png 1289w, https:\/\/www.hkubs.hku.hk\/wp-content\/uploads\/2021\/02\/Pic-5-1-300x161.png 300w, https:\/\/www.hkubs.hku.hk\/wp-content\/uploads\/2021\/02\/Pic-5-1-1024x549.png 1024w, https:\/\/www.hkubs.hku.hk\/wp-content\/uploads\/2021\/02\/Pic-5-1-768x412.png 768w\" sizes=\"(max-width: 614px) 100vw, 614px\" \/><\/p>\n<p>\u8cc7\u6599\u4f86\u6e90\uff1a<span><a href=\"https:\/\/finance.yahoo.com\/\">Yahoo Finance &#8211; Stock Market Live, Quotes, Business &amp; Finance News<\/a><\/span>\uff08\u6aa2\u7d22\u65bc2021\u5e742\u670816\u65e5\uff09<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><a id=\"\u8a3b1\" name=\"\u8a3b1\"><\/a>\u8a3b<span>1<\/span>\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\u7522\u7e3d\u503c\u53ca\u9078\u5b9a\u4e3b\u8981\u958b\u652f\u7d44\u6210\u90e8\u5206\u7684\u9810\u5148\u4f30\u8a08\u6578\u5b57\u6309\u5e74<\/a><\/span><\/p>\n<p><a id=\"\u8a3b2\" name=\"\u8a3b2\"><\/a><\/a>\u8a3b2\uff1a<span>2020<\/span>\u5e74<span>1<\/span>\u6708<span>29<\/span>\u65e5\u3008<span><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\u5f37<\/a><\/span>\u3009\uff0c<span>2019<\/span>\u5e74<span>10<\/span>\u6708<span>23<\/span>\u65e5\u3008<span><a href=\"https:\/\/www.hkubs.hku.hk\/research\/thought-leadership\/opinions-and-speeches\/rebuilding-housing-ladder-to-narrow-the-wealth-gap\/\">\u91cd\u5efa\u7f6e\u696d\u968e\u68af 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\u8cc7\u6599\u4f86\u6e90\uff1aTrade Weighted U.S. Dollar Index: Broad, Goods and Services (DTWEXBGS) | FRED | St. Louis Fed\uff08\u6aa2\u7d22\u65bc2021\u5e742\u670816\u65e5\uff09 \u8cc7\u6599\u4f86\u6e90\uff1a^HSI 30,792.85 148.12 0.48% : HANG SENG INDEX - Yahoo Finance\uff08\u6aa2\u7d22\u65bc2021\u5e742\u670816\u65e5\uff09 \u8cc7\u6599\u4f86\u6e90\uff1aYahoo Finance -\" \/>\n\t\t<meta property=\"og:url\" content=\"https:\/\/www.hkubs.hku.hk\/tc\/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=\"2021-05-07T08:41:03+00:00\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary\" \/>\n\t\t<meta name=\"twitter:title\" content=\"\u4e00\u5e74\u4e4b\u8a08 \u5fa9\u8208\u7d93\u6fdf - HKU Business School\" \/>\n\t\t<meta name=\"twitter:description\" 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