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M~_ƴx_M~_ֵĽM~

݋: ~Z P(gun)I~: M~ȫ Դ: bXӛ

һM~

xM~б׷٧A(y)DS[^UϢҊ}(zhn)C͡~͑g̽Y֙λfֆͰʧ֧ϯ^I(yng)OࡢСꡢO(jin)Ϟ^ZzՓ⡢PáTk̖(ho)ҹҕZZPĬLws(jin){@oh(hun)exKՓM`ͽ˽O(sh)_(ti)ЪScͬʹһd̓eMU߅ƽT׌ڤRB_m(jng)żvzĩů(c)HVX(d)MHVʳΣKCСأɢʢBKF(tun)Asԡס׵סʬ[ˎȮnա(sh)׾Сܡꐡʳ`(bio)Մۡ¡ꡢ(sh)UҡÓϵh|桢xءP(gun)\o˼Da(chn)œ_(ti)R䡢T(chng)o[ԡE_܇ϲ̡ҡɽ(bio)ϵL(fng)C]FIP(gun)Ͽ̓һ෿ؑˮv(bio)ɽR寏桢]ǧҹM(bio)(d)ՄPwC(j)ZdR(sh)}(bio)S܇?yn)ػRһMAѭ`书՝OP䷿нđ(bio)gطEнLđQP(bio)׃QՓ^Iᢡʧ™C(j)䴹á^ɔʳɽաPᘚɽ\(yn)IߡŮɽϯ؜TзѲyطKҕɔoԡƽƽȻFMȻ

ƴĽM~~(du)(yng)עጺķwֺQQw

ƴzu

ĽM~~(du)(yng)עጡ

1O(bio)

䣺ô҂(hu)޵ķe,ͷedxdydydxژO(bio)eҪf׌҂ؑһ|(zh)ĵĶx

ጣƽȡһc(din)ϷQOģϳl(f)һ侀ϣطQ顮OSƽһc(din)еλͿþΣϣеL(zhng)ȦúͣϣcϣAĽǦȁ_ȣQc(din)еġO(bio)

2ֱ(bio)

䣺СĿ(bio)h(yun)(chng)rO(bio)ʽ㷨PFA܉MTRC@N㷨ҪڿglM(jn)ЏĘO(bio)ֱֲ(bio)ֲĶSֵ

ጣƽȡɗlഹֱཻԭc(din)Ĕ(sh)SքeSͣSO(sh)Оƽһc(din)ģзքeS佻c(din)ڃSϵֵքe@ӵõĔ(sh)Mc(din)еġֱ(bio)

3(bio)

䣺һ(q)(dng)յ(bio)͌P(gun)|κοÔ(sh)(j)̖(ho)l(f)ͽoÑ(yng)ó(sh)(j)l(f)ͽo(yng)óܵԒ

ጣ܉_һ(g)c(din)ڿgλõһ(g)һM(sh)@(g)c(din)(bio)ͨ@(g)c(din)ֱཻɗl̶ֱľxʾ@Щֱ(bio)S(bio)SĔ(sh)ĿƽϞ飲ڿg飳

4(jng)

䣺(jng)^ģoˎ4812(jng)(do)ٶȣNCV(jng)SͻӋ(j)(sh)NACy(c)^y(c)ָ(bio)Д(jng)cY(ji)(gu)ޏ(f)r

ጣw(ni)L(zhng)(jng)Ǽ(jng)ֲ֫һ֧(jng)Ҫǹ֫ď\(yn)(dng)

5

䣺һwӏǔ˵^֮_ʼ‰M4ĺDzôԉij̶ȿԼΑиX

ጣҊ_

ԓƽ_(ti)\(yn)CTIg(sh)ZԄ(dng)(yng)(w)˹ϯ (w)ʽԒϵy(tng)W(wng)W(wng)վϯ˼һγһ(g)С͹Ϣϵy(tng)

ጣϯλָ(hu)

7|

䣺׺ͬ@۵Ǵ^߅һ|Ĵ󰲘һӵİɫǰ߀һֻ_ҿһ(g)n׵Č

ጣϵĉ|

8(bio)

䣺SоM(jn)˂l(f)F(xin)GuuguYimithirrijF(xin)һo̎Ҫ(bio)ZIJī磬ļ{ױȁзֲ

ጣý(jng)ȱʾc(din)λõ(bio)

9

䣺˽@(g)F(tun)(du)^һq󂃣l(f)F(xin)һıȲĴ(jng)Ҳ(jng)֬uuGʧ

ጣr(sh)֧Ĺ^ҸһuǺĹǽMy

10v(bio)

䣺ҊIJƫƣ(du)䱳rʯ͹ƽĻY(ji)(gu)ڕr(sh)gõȲ(j)(sh)ȿv(bio)лĆ}

ጣƽκһc(din)M(bio)Sľx@һc(din)Ŀv(bio)

11

䣺mȻ۵AֻǺܱ׾ЦЦȻǏǕr(sh)֮gκһɽĴϥL(zhng)Մƺ׌еdzM

ጣ^r(sh)\(yn)(dng)

12

䣺SČW(xu)(x)(x)߂ҲW(xu)(x)ΰl(f)չFƷ|(zh)@ЩƷ|(zh)(hu)׃ͳ䌍(sh)ʹ܌(du)eOؕI(xin)

ጣɮеķ]ĿPϥ{(dio)Ϣַһλκ顣

13T

䣺҂x̫ɐ҂?c)f^Щ܇҂ȥһHɡģゃҲ߀ɫָЩ҂z©ģWqҫ۹âġ(mng)T

ጣTRָTīF

14

䣺ԓһҹ@߅؎^ȥ@nj_Z壨ɳʼ壩I(lng)أxĩɳʱ\ĵc(din)h(yun)

ጣλãij̎҂ČW(xu)Уڭh(hun)oн

15o

䣺˜I(y)L(zhng)]δӋ(j)r(sh),ƶһ(g)(wn)Ƅ(dng)(zhn).HHo^ُ(gu)IoƄ(dng)b䲻һ(g).С͹˾ʹßoƄ(dng)W(wng)j(lu)ձ,(yng)ԓ.

ጣų˼]]Ŀǚ⹦õһNʽ_(d)ijNҪʾhoʾ

16B

䣺WRһֻ_ȥһ(g)ʿPtBǕr(sh)̜(zhn)^(zhn)Ęӣվϕ(hu)Щ͟

ጣfr(sh)һ(g)˷ļҌ١H塢ӵB̎P

17ʧ

䣺mȻpʧĹԼr(sh)ϲһʧͨ^ڻؑ^ȥbh(yun)۾Mĕr(sh)̲ܷJ(rn)

ጣ(dng)ȡЄ(dng)ʧr(sh)C(j)C(j)

18(zhn)

䣺ͨDT(zhn)(chng)ŵd@r(sh)wܶǷdzdzõ@һs]аl(f)ǰɭ{y(tng)˱ِ߀?yn)wĺyf

ጣL(zhng)Hij(g)ط(zhn)ء

19

䣺ڟooĺ֧ٽoɂ(g)xҪôȥΣҪôÿnW(xu)(x)Hƺ(du)һЩ

ጣP(gun)ڱO(jin)z

20ҕ

䣺@ŮδоCatoInstituteİZ?֣ArnoldKlingf@ҕﱻһͷͽϴ

ጣָ(du)ԓܵ¹ⲻܻĮP(gun)

21

䣺[ÓĿǰЈ(chng)ò(ni)ʿȡΘ(bio)αe̼(jng)(j)L(zhng)

ጣȴ

22

䣺ñbÌ(du)78ʽ82oڼģM(x)IJƽɹM(jn)˜y(c)ԇ

ጣҊ_

23M(bio)

䣺ԕr(sh)gM(bio)^BPHR׃v(bio)Ӌ(j)ܲܺ^Ѫ(dng)W(xu)r(sh)-ЧP(gun)ϵeAUE

ጣƽκһc(din)v(bio)Sľx@һc(din)ęM(bio)

24

䣺Ĵ_ʼgһЩxտˣσŮ߅סԺСӵ

ጣڣָDŮӺͮa(chn)һ(g){(dio)B(yng)w

25

䣺F(xin)֧ƱāֻձȥһһëXݵSMݵpaƽ(f)

ጣ

26

䣺@fģľ֮T֪݅Ԟ֪(yng)ں֪֮̎݅W(xu)r(sh)(dng)Ԟ

ጣþӵ

27f

䣺@ЩpҴ֮ٴCˮ(dng)@(g)r(sh)(du)ЩfheԒԼ@ЩˁfؾW(wng)oһӵһN|(zh)

ጣ̵Dzؼs˳vijأُ(gu)؛ƕr(sh)^m(x)fҡ

28λ

䣺_ɯ.˹(g)g˕r(sh)һ(g)˹܇Ҫһ(g)λ

ጣλpĵطڹ(chng)Ʊѽ(jng)uһ(g)Ҳ]ָӡӵȿĖ|ႀ(g)

29(bio)

䣺?yn)@Nw˸(bio)յİǕ(hu)l(f)^(qing)ҵ̖(ho)

ጣ˴_wϵλöҎ(gu)(bio)ķNƽ(bio)(bio)S(bio)y(bio)

30

䣺Ї(gu)бʾǰGDP(gu)(ni)꿂ֵL(zhng)_(d)10.6%@һA(y)Ӌ(j)ȫGDPȥL(zhng)10%

ጣӡ

31

䣺ֻ̫һ(g)шF(tun)sҁȥҊС]kֻÌɳl(f)

ጣ樱ͽPȶ˄(sh)__ϡ

32

䣺ǵR_(d)˹ӿy(tng)_R{{ʾMҪ_(ti)܊(du)λ׶kԈ(jin)ִڇ(gu)(ni)

ጣһ(g)طҲ·

33ϯض

䣺ڷ(gu)LeFoodingʳ(dng)l(f)ܵgӭ˂ϯضϣЁˮIJϡ

ʣָڵ

34ʧC(j)

䣺ҲSгһջ^^ʩoL(zhng)ʧC(j)ǵƸĸc(din)

ʣ(dng)r(sh)Є(dng)ʧȥÙC(j)(hu)

35

䣺ȫŪôһ(hu)վһ(hu)ȥһ(hu)Ԍһ(hu)֞Լף

ʣҲվҲow

36

䣺ÿһ犌(du)ҁfһ(g)؄eĜy(c)ԇnj(du)һ(g)TʿƲһ˵

ʣҕ(dn)eš(w)ҲL(zhng)ڵȺL(zhng)õصȴҊ

37

䣺Mܴ󲿷ݵΑ_ʼr(sh)ȼ벻̎PĈF(tun)w׺׃̎P?yn)ڿM(jn)̎PĈF(tun)wУɵ^Կt

ʣɣɹԼ܄eȡõijɹ

38Σ

䣺(dng)ȻHooper(do)߀һЩ֪ļ(x)(ji)磺(gu)(dng)r(sh)ȰъAÓվl(f)v?yn)Į?dng)r(sh)Ƭ(gu)܊bΣġ

ʣ½Σһ·݇(yn)C֔(jn)?sh)Ęӡ?/p>

39Դ

䣺(jng)(zhng)@˥ܶW(xu)Դ^m(x)ܽǵЈ(chng)ҹ

ʣژOyeOkҳ·

40ᘚ

䣺@(g)Qhͨ^Ǿ_һ(g)µԺڞЩ`ܵ˂ṩҸr(sh)h(yun)XԼâڱᘚ˹(jng)^@ӵ

ʣڲᘵĚ񲻶

41ƽƽ

䣺һЩJ(rn),kdοԺͿy(tng)ƽƽmȻJ(rn)sͬ^c(din)߀fǿy(tng)ĿTJ(rn)@Nf(hu)ͬ

ʣ˴˵λ(qun)ƽ

42^

䣺\(chng)Ȼ@ǡˮīˇg(sh)F(xin)D(zhun)͵AԳɹҲDZȻҪ(jng)v^͡^족|(zh)Եą^(q)e

ھ׿۽СҊR(sh)

43ɽ

䣺Rزһ(g)ɽյġһ(g)ɫؔ(ci)^˺;I(y)(jng)I(yng)

ʣֻɽҲҪաָM(fi)a(chn)ʹжѷeɽؔ(ci)ҲҪıM

44՝O

䣺"Ż벻(wn)B(ti),ȸ͕(hu)՝O,"RBCCapitalJordanRohanf,"_Գm(x)Խ,ȸھW(wng)·VI(lng)I(lng)ȃ(yu)(sh)͕(hu)Խ."

ʣÄe˵ìܶЫ@

45Փ

䣺@ЩP(gun)ڔ(sh)(j)ʹõĆ}ͽhՓǽY(ji)˺ܶxߺ]Ć}

ʣՄָ^ffҊЄ(dng)

46P

䣺Pһ˲gWPґҺͣ\(yn)ӰȻͻȻʧȥƽ⣬Y(ji)ˮ

ʣnֶ֑Ę

47ɽ^

䣺һPɢɳĵ־(gu)҂Ҫһ(g)F(tun)Y(ji)һµ“(lin)ˣͬć(gu)ҲҪɽ^НO

ʣ(du)pĶ(zhng)ȡ^đB(ti)ȵpܵp?gu)Гȡ̎?/p>

48

䣺䌍(sh)ŮIJ˵Đہ϶Լвܿ϶Լ

ʣСԭָՓЌ(sh)f˾

wֺQQw֡w֞飺QQw֞飺

ֵĺxP(gun)Y

ֵĺx(1)x(dng)βӻwϣ֧wՈ(qng)ȡ
(2)(dng)
(3)ݣ(du)ijһ@ǡϵ
(4)(dng)偉صȷڠtϡ
(5)ͬ
(6)
(7)ڷöƄ(dng)ڻA(ch)(wn)̶³ġŃ@󡫃
(8)ϹֲY(ji)(sh)
(9)(dng)ָ
(10)B?yn)飺˽š?/p>

ֵP(gun)YϡֹҲ?ʡֹҲc?ͬ⡣PСע?

M~İl(f)ɢ˼SM~քe_^gڽY(ji)βĽM~

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