¼Îʵ»ù½ð¹ÜÀíÓÐÏÞ¹«Ë¾
¼ÎʵÖÐÖ¤Èí¼þ·þÎñ½»Ò×ÐÍ¿ª·ÅʽָÊý֤ȯ
Ͷ×Ê»ù½ð
»ù½ðºÏͬ
»ù½ð¹ÜÀíÈË£º¼Îʵ»ù½ð¹ÜÀíÓÐÏÞ¹«Ë¾
»ù½ðÍйÜÈË£ºÖйúÒøÐйɷÝÓÐÏÞ¹«Ë¾
¶þÁã¶þÒ»ÄêÒ»ÔÂ
Ŀ ¼
µÚÒ»²¿·Ö Ç°ÑÔ ............................................................................................................................... 1
µÚ¶þ²¿·Ö ÊÍÒå ................................................................................................................................. 3
µÚÈý²¿·Ö »ù½ðµÄ»ù±¾Çé¿ö ........................................................................................................... 9
µÚËIJ¿·Ö »ù½ð·Ý¶îµÄ·¢ÊÛ ......................................................................................................... 11
µÚÎ岿·Ö »ù½ð±¸°¸ ..................................................................................................................... 13
µÚÁù²¿·Ö »ù½ð·Ý¶îµÄÉÏÊн»Ò× ................................................................................................. 14
µÚÆß²¿·Ö »ù½ð·Ý¶îµÄÉ깺ÓëÊê»Ø ............................................................................................. 16
µÚ°Ë²¿·Ö »ù½ðºÏͬµ±ÊÂÈ˼°È¨ÀûÒåÎñ ..................................................................................... 23
µÚ¾Å²¿·Ö »ù½ð·Ý¶î³ÖÓÐÈË´ó»á ................................................................................................. 30
µÚÊ®²¿·Ö »ù½ð¹ÜÀíÈË¡¢»ù½ðÍйÜÈ˵ĸü»»Ìõ¼þºÍ³ÌÐò ......................................................... 39
µÚʮһ²¿·Ö »ù½ðµÄÍÐ¹Ü ............................................................................................................. 42
µÚÊ®¶þ²¿·Ö »ù½ð·Ý¶îµÄµÇ¼Ç ..................................................................................................... 43
µÚÊ®Èý²¿·Ö »ù½ðµÄͶ×Ê ............................................................................................................. 45
µÚÊ®ËIJ¿·Ö »ù½ðµÄ²Æ²ú ............................................................................................................. 51
µÚÊ®Î岿·Ö »ù½ð×ʲú¹ÀÖµ ......................................................................................................... 52
µÚÊ®Áù²¿·Ö »ù½ð·ÑÓÃÓëË°ÊÕ ..................................................................................................... 58
µÚÊ®Æß²¿·Ö »ù½ðµÄÊÕÒæÓë·ÖÅä ................................................................................................. 60
µÚÊ®°Ë²¿·Ö »ù½ðµÄ»á¼ÆÓëÉó¼Æ ................................................................................................. 62
µÚÊ®¾Å²¿·Ö »ù½ðµÄÐÅÏ¢Åû¶ ..................................................................................................... 63
µÚ¶þÊ®²¿·Ö »ù½ðºÏͬµÄ±ä¸ü¡¢ÖÕÖ¹Óë»ù½ð²Æ²úµÄÇåËã ......................................................... 70
µÚ¶þʮһ²¿·Ö Î¥Ô¼ÔðÈÎ ............................................................................................................. 72
µÚ¶þÊ®¶þ²¿·Ö ÕùÒéµÄ´¦ÀíºÍÊÊÓõķ¨ÂÉ ................................................................................. 73
µÚ¶þÊ®Èý²¿·Ö »ù½ðºÏͬµÄЧÁ¦ ................................................................................................. 73
µÚ¶þÊ®ËIJ¿·Ö ÆäËûÊÂÏî ............................................................................................................. 74
µÚ¶þÊ®Î岿·Ö »ù½ðºÏͬÄÚÈÝÕªÒª ............................................................................................. 74
µÚÒ»²¿·Ö Ç°ÑÔ
Ò»¡¢¶©Á¢±¾»ù½ðºÏͬµÄÄ¿µÄ¡¢ÒÀ¾ÝºÍÔÔò
1¡¢¶©Á¢±¾»ù½ðºÏͬµÄÄ¿µÄÊDZ£»¤Í¶×ÊÈ˺Ϸ¨È¨Ò棬Ã÷È·»ù½ðºÏͬµ±ÊÂÈ˵Ä
ȨÀûÒåÎñ£¬¹æ·¶»ù½ðÔË×÷¡£
2¡¢¶©Á¢±¾»ù½ðºÏͬµÄÒÀ¾ÝÊÇ¡¶ÖлªÈËÃñ¹²ºÍ¹úºÏͬ·¨¡·(ÒÔϼò³Æ¡°¡¶ºÏͬ
·¨¡·¡±)¡¢¡¶ÖлªÈËÃñ¹²ºÍ¹ú֤ȯͶ×Ê»ù½ð·¨¡·(ÒÔϼò³Æ¡°¡¶»ù½ð·¨¡·¡±)¡¢¡¶¹«¿ªÄ¼
¼¯Ö¤È¯Í¶×Ê»ù½ðÔË×÷¹ÜÀí°ì·¨¡·(ÒÔϼò³Æ¡°¡¶ÔË×÷°ì·¨¡·¡±)¡¢¡¶¹«¿ªÄ¼¼¯Ö¤È¯Í¶×Ê
»ù½ðÏúÊÛ»ú¹¹¼à¶½¹ÜÀí°ì·¨¡·(ÒÔϼò³Æ¡°¡¶ÏúÊÛ°ì·¨¡·¡±)¡¢¡¶¹«¿ªÄ¼¼¯Ö¤È¯Í¶×Ê»ù
½ðÐÅÏ¢Åû¶¹ÜÀí°ì·¨¡·(ÒÔϼò³Æ¡°¡¶ÐÅÏ¢Åû¶°ì·¨¡·¡±)¡¢¡¶¹«¿ªÄ¼¼¯¿ª·Åʽ֤ȯͶ
×Ê»ù½ðÁ÷¶¯ÐÔ·çÏÕ¹ÜÀí¹æ¶¨¡·£¨ÒÔϼò³Æ¡°¡¶Á÷¶¯ÐÔ·çÏÕ¹ÜÀí¹æ¶¨¡·¡±£©ºÍÆäËûÓÐ
¹Ø·¨ÂÉ·¨¹æ¡£
3¡¢¶©Á¢±¾»ù½ðºÏͬµÄÔÔòÊÇƽµÈ×ÔÔ¸¡¢³ÏʵÐÅÓᢳä·Ö±£»¤Í¶×ÊÈ˺Ϸ¨È¨
Òæ¡£
¶þ¡¢»ù½ðºÏͬÊǹ涨»ù½ðºÏͬµ±ÊÂÈËÖ®¼äȨÀûÒåÎñ¹ØϵµÄ»ù±¾·¨ÂÉÎļþ£¬Æä
ËûÓë»ù½ðÏà¹ØµÄÉæ¼°»ù½ðºÏͬµ±ÊÂÈËÖ®¼äȨÀûÒåÎñ¹ØϵµÄÈκÎÎļþ»ò±íÊö£¬ÈçÓë
»ù½ðºÏͬÓгåÍ»£¬¾ùÒÔ»ù½ðºÏͬΪ׼¡£»ù½ðºÏͬµ±ÊÂÈË°´ÕÕ¡¶»ù½ð·¨¡·¡¢»ù½ðºÏ
ͬ¼°ÆäËûÓйع涨ÏíÓÐȨÀû¡¢³Ðµ£ÒåÎñ¡£
»ù½ðºÏͬµÄµ±ÊÂÈË°üÀ¨»ù½ð¹ÜÀíÈË¡¢»ù½ðÍйÜÈ˺ͻù½ð·Ý¶î³ÖÓÐÈË¡£»ù½ðͶ
×ÊÈË×ÔÒÀ±¾»ù½ðºÏͬȡµÃ»ù½ð·Ý¶î£¬¼´³ÉΪ»ù½ð·Ý¶î³ÖÓÐÈ˺ͱ¾»ù½ðºÏͬµÄµ±ÊÂ
ÈË£¬Æä³ÖÓлù½ð·Ý¶îµÄÐÐΪ±¾Éí¼´±íÃ÷Æä¶Ô»ù½ðºÏͬµÄ³ÐÈϺͽÓÊÜ¡£
Èý¡¢¼ÎʵÖÐÖ¤Èí¼þ·þÎñ½»Ò×ÐÍ¿ª·ÅʽָÊý֤ȯͶ×Ê»ù½ðÓÉ»ù½ð¹ÜÀíÈËÒÀÕÕ
¡¶»ù½ð·¨¡·¡¢»ù½ðºÏͬ¼°ÆäËûÓйع涨ļ¼¯£¬²¢¾Öйú֤ȯ¼à¶½¹ÜÀíίԱ»á(ÒÔÏÂ
¼ò³Æ¡°ÖйúÖ¤¼à»á¡±)×¢²á¡£
ÖйúÖ¤¼à»á¶Ô±¾»ù½ðļ¼¯µÄ×¢²á£¬²¢²»±íÃ÷Æä¶Ô±¾»ù½ðµÄͶ×ʼÛÖµºÍÊг¡Ç°
¾°×ö³öʵÖÊÐÔÅжϻò±£Ö¤£¬Ò²²»±íÃ÷Ͷ×ÊÓÚ±¾»ù½ðûÓзçÏÕ¡£
»ù½ð¹ÜÀíÈËÒÀÕÕ㡾¡Ö°ÊØ¡¢³ÏʵÐÅÓᢽ÷É÷ÇÚÃãµÄÔÔò¹ÜÀíºÍÔËÓûù½ð²Æ²ú£¬
µ«²»±£Ö¤Í¶×ÊÓÚ±¾»ù½ðÒ»¶¨Ó¯Àû£¬Ò²²»±£Ö¤×îµÍÊÕÒæ»òͶ×ʱ¾½ð²»ÊÜËðʧ¡£
Ͷ×ÊÕßÓ¦µ±ÈÏÕæÔĶÁ±¾»ù½ðÕÐļ˵Ã÷Êé¡¢»ù½ðºÏͬ¡¢»ù½ð²úÆ·×ÊÁϸÅÒªºÍÏà
¹Ø¹«¸æµÈÐÅÏ¢Åû¶Îļþ£¬×ÔÖ÷Åжϻù½ðµÄͶ×ʼÛÖµ£¬×ÔÖ÷×ö³öͶ×ʾö²ß£¬×ÔÐгÐ
µ£Í¶×Ê·çÏÕ¡£
ËÄ¡¢»ù½ð¹ÜÀíÈË¡¢»ù½ðÍйÜÈËÔÚ±¾»ù½ðºÏ֮ͬÍâÅû¶Éæ¼°±¾»ù½ðµÄÐÅÏ¢£¬Æä
ÄÚÈÝÉæ¼°½ç¶¨»ù½ðºÏͬµ±ÊÂÈËÖ®¼äȨÀûÒåÎñ¹ØϵµÄ£¬ÈçÓë»ù½ðºÏͬÓгåÍ»£¬ÒÔ»ù
½ðºÏͬΪ׼¡£
Îå¡¢±¾»ù½ð°´ÕÕÖйú·¨ÂÉ·¨¹æ³ÉÁ¢²¢ÔË×÷£¬Èô»ù½ðºÏͬµÄÄÚÈÝÓë½ìʱÓÐЧµÄ
·¨ÂÉ·¨¹æµÄÇ¿ÖÆÐԹ涨²»Ò»Ö£¬Ó¦µ±ÒÔ½ìʱÓÐЧµÄ·¨ÂÉ·¨¹æµÄ¹æ¶¨Îª×¼¡£
µÚ¶þ²¿·Ö ÊÍÒå
³ý·ÇÎÄÒâÁíÓÐËùÖ¸£¬±¾»ù½ðºÏͬÖÐÏÂÁдÊÓï»ò¼ò³Æ¾ßÓÐÈçϺ¬Ò壺
1¡¢»ù½ð/±¾»ù½ð£ºÖ¸¼ÎʵÖÐÖ¤Èí¼þ·þÎñ½»Ò×ÐÍ¿ª·ÅʽָÊý֤ȯͶ×Ê»ù½ð
2¡¢»ù½ð¹ÜÀíÈË£ºÖ¸¼Îʵ»ù½ð¹ÜÀíÓÐÏÞ¹«Ë¾
3¡¢»ù½ðÍйÜÈË£ºÖ¸ÖйúÒøÐйɷÝÓÐÏÞ¹«Ë¾
4¡¢»ù½ðºÏͬ/±¾»ù½ðºÏͬ£ºÖ¸¡¶¼ÎʵÖÐÖ¤Èí¼þ·þÎñ½»Ò×ÐÍ¿ª·ÅʽָÊý֤ȯͶ
×Ê»ù½ð»ù½ðºÏͬ¡·¼°¶Ô±¾»ù½ðºÏͬµÄÈκÎÓÐЧÐÞ¶©ºÍ²¹³ä
5¡¢ÍйÜÐÒ飺ָ»ù½ð¹ÜÀíÈËÓë»ù½ðÍйÜÈ˾ͱ¾»ù½ðÇ©¶©Ö®¡¶¼ÎʵÖÐÖ¤Èí¼þ
·þÎñ½»Ò×ÐÍ¿ª·ÅʽָÊý֤ȯͶ×Ê»ù½ðÍйÜÐÒé¡·¼°¶Ô¸ÃÍйÜÐÒéµÄÈκÎÓÐЧÐÞ¶©
ºÍ²¹³ä
6¡¢ÕÐļ˵Ã÷Ê飺ָ¡¶¼ÎʵÖÐÖ¤Èí¼þ·þÎñ½»Ò×ÐÍ¿ª·ÅʽָÊý֤ȯͶ×Ê»ù½ðÕÐ
ļ˵Ã÷Êé¡·¼°Æä¸üÐÂ
7¡¢»ù½ð²úÆ·×ÊÁϸÅÒª£ºÖ¸¡¶¼ÎʵÖÐÖ¤Èí¼þ·þÎñ½»Ò×ÐÍ¿ª·ÅʽָÊý֤ȯͶ×Ê
»ù½ð»ù½ð²úÆ·×ÊÁϸÅÒª¡·¼°Æä¸üÐÂ
8¡¢»ù½ð·Ý¶î·¢ÊÛ¹«¸æ£ºÖ¸¡¶¼ÎʵÖÐÖ¤Èí¼þ·þÎñ½»Ò×ÐÍ¿ª·ÅʽָÊý֤ȯͶ×Ê
»ù½ð»ù½ð·Ý¶î·¢ÊÛ¹«¸æ¡·
9¡¢»ù½ð·Ý¶îÉÏÊн»Ò×¹«¸æÊ飺ָ¡¶¼ÎʵÖÐÖ¤Èí¼þ·þÎñ½»Ò×ÐÍ¿ª·ÅʽָÊýÖ¤
ȯͶ×Ê»ù½ð»ù½ð·Ý¶îÉÏÊн»Ò×¹«¸æÊé¡·
10¡¢·¨ÂÉ·¨¹æ£ºÖ¸ÖйúÏÖÐÐÓÐЧ²¢¹«²¼ÊµÊ©µÄ·¨ÂÉ¡¢ÐÐÕþ·¨¹æ¡¢Ë¾·¨½âÊÍ¡¢
ÐÐÕþ¹æÕ¡¢¹æ·¶ÐÔÎļþÒÔ¼°ÆäËû¶Ô»ù½ðºÏͬµ±ÊÂÈËÓÐÔ¼ÊøÁ¦µÄ¾ö¶¨¡¢¾öÒ顢֪ͨ
µÈ£¬°üÀ¨°ä²¼»ú¹Ø¶ÔÇ°ÊöÎļþ²»Ê±×ö³öµÄÐÞ¶©
11¡¢¡¶»ù½ð·¨¡·£ºÖ¸2003Äê10ÔÂ28ÈÕ¾µÚÊ®½ìÈ«¹úÈËÃñ´ú±í´ó»á³£ÎñίԱ
»áµÚÎå´Î»áÒéͨ¹ý£¬¾2012Äê12ÔÂ28ÈÕµÚʮһ½ìÈ«¹úÈËÃñ´ú±í´ó»á³£ÎñίԱ
»áµÚÈýÊ®´Î»áÒéÐÞ¶©£¬×Ô2013Äê6ÔÂ1ÈÕÆðʵʩ£¬²¢¾2015Äê4ÔÂ24ÈÕµÚÊ®
¶þ½ìÈ«¹úÈËÃñ´ú±í´ó»á³£ÎñίԱ»áµÚÊ®ËĴλáÒ顶ȫ¹úÈËÃñ´ú±í´ó»á³£ÎñίԱ»á
¹ØÓÚÐ޸ģ¼ÖлªÈËÃñ¹²ºÍ¹ú¸Û¿Ú·¨£¾µÈÆß²¿·¨Âɵľö¶¨¡·ÐÞÕýµÄ¡¶ÖлªÈËÃñ¹²ºÍ
¹ú֤ȯͶ×Ê»ù½ð·¨¡·¼°°ä²¼»ú¹Ø¶ÔÆ䲻ʱ×ö³öµÄÐÞ¶©
12¡¢¡¶ÏúÊÛ°ì·¨¡·£ºÖ¸ÖйúÖ¤¼à»á2020Äê8ÔÂ28ÈÕ°ä²¼¡¢Í¬Äê10ÔÂ1ÈÕʵ
Ê©µÄ¡¶¹«¿ªÄ¼¼¯Ö¤È¯Í¶×Ê»ù½ðÏúÊÛ»ú¹¹¼à¶½¹ÜÀí°ì·¨¡·¼°°ä²¼»ú¹Ø¶ÔÆ䲻ʱ×ö³ö
µÄÐÞ¶©
13¡¢¡¶ÐÅÏ¢Åû¶°ì·¨¡·£ºÖ¸ÖйúÖ¤¼à»á2019Äê7ÔÂ26ÈÕ°ä²¼¡¢Í¬Äê9ÔÂ1
ÈÕʵʩµÄ¡¶¹«¿ªÄ¼¼¯Ö¤È¯Í¶×Ê»ù½ðÐÅÏ¢Åû¶¹ÜÀí°ì·¨¡·¼°°ä²¼»ú¹Ø¶ÔÆ䲻ʱ×ö³ö
µÄÐÞ¶©
14¡¢¡¶ÔË×÷°ì·¨¡·£ºÖ¸ÖйúÖ¤¼à»á2014Äê7ÔÂ7ÈÕ°ä²¼¡¢Í¬Äê8ÔÂ8ÈÕʵʩ
µÄ¡¶¹«¿ªÄ¼¼¯Ö¤È¯Í¶×Ê»ù½ðÔË×÷¹ÜÀí°ì·¨¡·¼°°ä²¼»ú¹Ø¶ÔÆ䲻ʱ×ö³öµÄÐÞ¶©
15¡¢¡¶Á÷¶¯ÐÔ·çÏÕ¹ÜÀí¹æ¶¨¡·£ºÖ¸ÖйúÖ¤¼à»á2017Äê8ÔÂ31ÈÕ°ä²¼¡¢Í¬Äê
10ÔÂ1ÈÕʵʩµÄ¡¶¹«¿ªÄ¼¼¯¿ª·Åʽ֤ȯͶ×Ê»ù½ðÁ÷¶¯ÐÔ·çÏÕ¹ÜÀí¹æ¶¨¡·¼°°ä²¼
»ú¹Ø¶ÔÆ䲻ʱ×ö³öµÄÐÞ¶©
16¡¢ÒµÎñ¹æÔò£ºÖ¸ÉîÛÚ֤ȯ½»Ò×Ëù·¢²¼ÊµÊ©µÄ¡¶ÉîÛÚ֤ȯ½»Ò×Ëù֤ȯͶ×Ê»ù
½ð½»Ò׺ÍÉ깺Êê»ØʵʩϸÔò¡·¼°Æ䲻ʱÐÞ¶©µÄ°æ±¾¡¢Öйú֤ȯµÇ¼Ç½áËãÓÐÏÞÔðÈÎ
¹«Ë¾·¢²¼ÊµÊ©µÄ¡¶Öйú֤ȯµÇ¼Ç½áËãÓÐÏÞÔðÈι«Ë¾¹ØÓÚ½»Ò×Ëù½»Ò×ÐÍ¿ª·Åʽ֤ȯ
Ͷ×Ê»ù½ðµÇ¼Ç½áËãÒµÎñʵʩϸÔò¡·¼°Æ䲻ʱÐÞ¶©µÄ°æ±¾£¬ÒÔ¼°»ù½ð¹ÜÀíÈË¡¢ÉîÛÚ
֤ȯ½»Ò×Ëù¡¢Öйú֤ȯµÇ¼Ç½áËãÓÐÏÞÔðÈι«Ë¾·¢²¼¼°Æ䲻ʱÐÞ¶©µÄÆäËûÏà¹Ø¹æ
Ôò¡¢¹æ¶¨¡¢Í¨Öª¼°Ö¸ÄϵÈ
17¡¢½»Ò×ÐÍ¿ª·ÅʽָÊý֤ȯͶ×Ê»ù½ð£ºÖ¸¡¶ÉîÛÚ֤ȯ½»Ò×Ëù֤ȯͶ×Ê»ù½ð½»
Ò׺ÍÉ깺Êê»ØʵʩϸÔò¡·¶¨ÒåµÄ¡°½»Ò×ÐÍ¿ª·Åʽ»ù½ð¡±£¬¼ò³ÆETF
18¡¢ETFÁª½Ó»ù½ð£ºÖ¸½«¾ø´ó¶àÊý»ù½ð²Æ²úͶ×ÊÓÚ±¾»ù½ð£¬Óë±¾»ù½ðµÄͶ×Ê
Ä¿±êÀàËÆ£¬Í¨¹ýͶ×ÊÓÚ±¾»ù½ð½ôÃܸú×Ù±êµÄÖ¸Êý±íÏÖ£¬×·Çó¸ú×ÙÆ«Àë¶ÈºÍ¸ú×ÙÎó
²î×îС»¯£¬²ÉÓÿª·ÅʽÔË×÷·½Ê½µÄ»ù½ð£¬¼ò³ÆETFÁª½Ó
19¡¢Öйú£ºÖ¸ÖлªÈËÃñ¹²ºÍ¹ú(½öΪ»ù½ðºÏͬĿµÄ²»°üÀ¨Ïã¸ÛÌرðÐÐÕþÇø¡¢
°ÄÃÅÌرðÐÐÕþÇø¼°Ì¨ÍåµØÇø)
20¡¢ÖйúÖ¤¼à»á£ºÖ¸Öйú֤ȯ¼à¶½¹ÜÀíίԱ»á
21¡¢ÒøÐÐÒµ¼à¶½¹ÜÀí»ú¹¹£ºÖ¸ÖйúÈËÃñÒøÐкÍ/»òÖйúÒøÐб£Ïռල¹ÜÀíί
Ô±»á
22¡¢»ù½ðºÏͬµ±ÊÂÈË£ºÖ¸ÊÜ»ù½ðºÏͬԼÊø£¬¸ù¾Ý»ù½ðºÏͬÏíÓÐȨÀû²¢³Ðµ£Òå
ÎñµÄ·¨ÂÉÖ÷Ì壬°üÀ¨»ù½ð¹ÜÀíÈË¡¢»ù½ðÍйÜÈ˺ͻù½ð·Ý¶î³ÖÓÐÈË
23¡¢¸öÈËͶ×ÊÕߣºÖ¸ÒÀ¾ÝÓйط¨ÂÉ·¨¹æ¹æ¶¨¿ÉͶ×ÊÓÚ֤ȯͶ×Ê»ù½ðµÄ×ÔÈ»ÈË
24¡¢»ú¹¹Í¶×ÊÕߣºÖ¸ÒÀ·¨¿ÉÒÔͶ×Ê֤ȯͶ×Ê»ù½ðµÄ¡¢ÔÚÖлªÈËÃñ¹²ºÍ¹ú¾³ÄÚ
ºÏ·¨µÇ¼Ç²¢´æÐø»ò¾ÓйØÕþ¸®²¿ÃÅÅú×¼ÉèÁ¢²¢´æÐøµÄÆóÒµ·¨ÈË¡¢ÊÂÒµ·¨ÈË¡¢Éç»á
ÍÅÌå»òÆäËû×éÖ¯
25¡¢ºÏ¸ñ¾³Íâ»ú¹¹Í¶×ÊÕߣºÖ¸·ûºÏ¡¶ºÏ¸ñ¾³Íâ»ú¹¹Í¶×ÊÕߺÍÈËÃñ±ÒºÏ¸ñ¾³Íâ
»ú¹¹Í¶×ÊÕß¾³ÄÚ֤ȯÆÚ»õͶ×ʹÜÀí°ì·¨¡·¼°Ïà¹Ø·¨ÂÉ·¨¹æ¹æ¶¨¿ÉÒÔͶ×ÊÓÚÔÚÖйú
¾³ÄÚÒÀ·¨Ä¼¼¯µÄ֤ȯͶ×Ê»ù½ðµÄÖйú¾³ÍâµÄ»ú¹¹Í¶×ÊÕß
26¡¢ÈËÃñ±ÒºÏ¸ñ¾³Íâ»ú¹¹Í¶×ÊÕߣºÖ¸°´ÕÕ¡¶ºÏ¸ñ¾³Íâ»ú¹¹Í¶×ÊÕߺÍÈËÃñ±ÒºÏ
¸ñ¾³Íâ»ú¹¹Í¶×ÊÕß¾³ÄÚ֤ȯÆÚ»õͶ×ʹÜÀí°ì·¨¡·¼°Ïà¹Ø·¨ÂÉ·¨¹æ¹æ¶¨£¬ÔËÓÃÀ´×Ô
¾³ÍâµÄÈËÃñ±Ò×ʽð½øÐо³ÄÚ֤ȯͶ×ʵľ³Íâ·¨ÈË
27¡¢Í¶×ÊÈË¡¢Í¶×ÊÕߣºÖ¸¸öÈËͶ×ÊÕß¡¢»ú¹¹Í¶×ÊÕß¡¢ºÏ¸ñ¾³Íâ»ú¹¹Í¶×ÊÕߺÍ
ÈËÃñ±ÒºÏ¸ñ¾³Íâ»ú¹¹Í¶×ÊÕßÒÔ¼°·¨ÂÉ·¨¹æ»òÖйúÖ¤¼à»áÔÊÐí¹ºÂò֤ȯͶ×Ê»ù½ð
µÄÆäËûͶ×ÊÈ˵ĺϳÆ
28¡¢»ù½ð·Ý¶î³ÖÓÐÈË£ºÖ¸ÒÀ»ù½ðºÏͬºÍÕÐļ˵Ã÷ÊéºÏ·¨È¡µÃ»ù½ð·Ý¶îµÄͶ×Ê
ÈË
29¡¢ÏúÊÛ»ú¹¹£ºÖ¸»ù½ð¹ÜÀíÈËÒÔ¼°·ûºÏ¡¶ÏúÊÛ°ì·¨¡·ºÍÖйúÖ¤¼à»á¹æ¶¨µÄÆä
ËûÌõ¼þ£¬È¡µÃ¹«¿ªÄ¼¼¯Ö¤È¯Í¶×Ê»ù½ðÏúÊÛÒµÎñ×ʸñ²¢Óë»ù½ð¹ÜÀíÈËÇ©¶©ÁË»ù½ðÏú
ÊÛ·þÎñÐÒ飬°ìÀí»ù½ðÏúÊÛÒµÎñµÄ»ú¹¹£¬°üÀ¨·¢ÊÛ´úÀí»ú¹¹ºÍÉ깺Êê»Ø´úÀíȯÉÌ
30¡¢·¢ÊÛ´úÀí»ú¹¹£ºÖ¸·ûºÏ¡¶ÏúÊÛ°ì·¨¡·ºÍÖйúÖ¤¼à»á¹æ¶¨µÄÆäËûÌõ¼þ£¬ÓÉ
»ù½ð¹ÜÀíÈËÖ¸¶¨µÄ´úÀí±¾»ù½ð·¢ÊÛÒµÎñµÄ»ú¹¹
31¡¢É깺¡¢Êê»Ø´úÀíȯÉÌ£ºÖ¸·ûºÏ¡¶ÏúÊÛ°ì·¨¡·ºÍÖйúÖ¤¼à»á¹æ¶¨µÄÆäËûÌõ
¼þ£¬ÓÉ»ù½ð¹ÜÀíÈËÖ¸¶¨µÄ°ìÀí±¾»ù½ðÉ깺¡¢Êê»ØÒµÎñµÄ֤ȯ¹«Ë¾£¬ÓÖ³ÆΪ´ú°ìÖ¤
ȯ¹«Ë¾
32¡¢µÇ¼Ç»ú¹¹£ºÖ¸°ìÀíµÇ¼ÇÒµÎñµÄ»ú¹¹¡£±¾»ù½ðµÄµÇ¼Ç»ú¹¹ÎªÖйú֤ȯµÇ¼Ç
½áËãÓÐÏÞÔðÈι«Ë¾
33¡¢µÇ¼ÇÒµÎñ£ºÖ¸¡¶Öйú֤ȯµÇ¼Ç½áËãÓÐÏÞÔðÈι«Ë¾¹ØÓÚ½»Ò×Ëù½»Ò×ÐÍ¿ª·Å
ʽ֤ȯͶ×Ê»ù½ðµÇ¼Ç½áËãÒµÎñʵʩϸÔò¡·¼°Æ䲻ʱÐÞ¶©ÒÔ¼°Ïà¹ØÒµÎñ¹æÔò¶¨ÒåµÄ
»ù½ð·Ý¶îµÄµÇ¼Ç¡¢´æ¹Ü¡¢½áËã¼°Ïà¹ØÒµÎñ
34¡¢»ù½ðºÏͬÉúЧÈÕ£ºÖ¸»ù½ðļ¼¯´ïµ½·¨ÂÉ·¨¹æ¼°»ù½ðºÏͬ¹æ¶¨µÄÌõ¼þ£¬»ù
½ð¹ÜÀíÈËÏòÖйúÖ¤¼à»á°ìÀíÍê±Ï»ù½ð±¸°¸ÊÖÐø£¬²¢»ñµÃÖйúÖ¤¼à»áÊéÃæÈ·ÈϵÄÈÕ
ÆÚ
35¡¢»ù½ðºÏͬÖÕÖ¹ÈÕ£ºÖ¸»ù½ðºÏͬ¹æ¶¨µÄ»ù½ðºÏͬÖÕÖ¹ÊÂÓɳöÏֺ󣬻ù½ð²Æ
²úÇåËãÍê±Ï£¬ÇåËã½á¹û±¨ÖйúÖ¤¼à»á±¸°¸²¢ÓèÒÔ¹«¸æµÄÈÕÆÚ
36¡¢»ù½ðļ¼¯ÆÚ£ºÖ¸×Ô»ù½ð·Ý¶î·¢ÊÛÖ®ÈÕÆðÖÁ·¢ÊÛ½áÊøÖ®ÈÕÖ¹µÄÆڼ䣬×
²»µÃ³¬¹ý3¸öÔÂ
37¡¢´æÐøÆÚ£ºÖ¸»ù½ðºÏͬÉúЧÖÁÖÕÖ¹Ö®¼äµÄ²»¶¨ÆÚÆÚÏÞ
38¡¢¹¤×÷ÈÕ£ºÍ¬½»Ò×ÈÕ£¬Ö¸ÉϺ£Ö¤È¯½»Ò×Ëù¡¢ÉîÛÚ֤ȯ½»Ò×ËùµÄÕý³£½»Ò×Ö®
ÈÕ
39¡¢TÈÕ£ºÖ¸ÏúÊÛ»ú¹¹Ôڹ涨ʱ¼äÊÜÀíͶ×ÊÈËÉ깺¡¢Êê»Ø»òÆäËûÒµÎñÉêÇëµÄ
¿ª·ÅÈÕ
40¡¢T+nÈÕ£ºÖ¸×ÔTÈÕÆðµÚn¸ö¹¤×÷ÈÕ(²»°üº¬TÈÕ)
41¡¢¿ª·ÅÈÕ£ºÖ¸ÎªÍ¶×ÊÈË°ìÀí»ù½ð·Ý¶îÉ깺¡¢Êê»Ø»òÆäËûÒµÎñµÄ¹¤×÷ÈÕ
42¡¢¿ª·Åʱ¼ä£ºÖ¸¿ª·ÅÈÕ»ù½ð½ÓÊÜÉ깺¡¢Êê»Ø»òÆäËû½»Ò×µÄʱ¼ä¶Î
43¡¢ÈϹº£ºÖ¸ÔÚ»ù½ðļ¼¯ÆÚÄÚ£¬Í¶×ÊÈ˸ù¾Ý»ù½ðºÏͬ¡¢ÕÐļ˵Ã÷Êé¼°Ïà¹Ø¹«
¸æµÄ¹æ¶¨ÉêÇ빺Âò»ù½ð·Ý¶îµÄÐÐΪ
44¡¢É깺£ºÖ¸»ù½ðºÏͬÉúЧºó£¬Í¶×ÊÈ˸ù¾Ý»ù½ðºÏͬºÍÕÐļ˵Ã÷Êé¼°Ïà¹Ø¹«
¸æµÄ¹æ¶¨£¬ÒÔÉ깺Êê»ØÇåµ¥¹æ¶¨µÄÉ깺¶Ô¼ÛÉêÇ빺Âò»ù½ð·Ý¶îµÄÐÐΪ
45¡¢Êê»Ø£ºÖ¸»ù½ðºÏͬÉúЧºó£¬»ù½ð·Ý¶î³ÖÓÐÈË°´»ù½ðºÏͬ¡¢ÕÐļ˵Ã÷Êé¼°
Ïà¹Ø¹«¸æ¹æ¶¨µÄÌõ¼þÒªÇ󽫻ù½ð·Ý¶î¶Ò»»ÎªÉ깺Êê»ØÇåµ¥¹æ¶¨µÄÊê»Ø¶Ô¼ÛµÄÐÐ
Ϊ
46¡¢É깺Êê»ØÇåµ¥£ºÖ¸ÓÉ»ù½ð¹ÜÀíÈ˱àÖƵÄÓÃÒÔ¹«¸æÉ깺¶Ô¼Û¡¢Êê»Ø¶Ô¼ÛµÈ
ÐÅÏ¢µÄÎļþ
47¡¢É깺¶Ô¼Û£ºÖ¸Í¶×ÊÈËÉ깺»ù½ð·Ý¶îʱ£¬°´»ù½ðºÏͬºÍÕÐļ˵Ã÷Êé¹æ¶¨Ó¦
½»¸¶µÄ×éºÏ֤ȯ¡¢ÏÖ½ðÌæ´ú¡¢ÏÖ½ð²î¶îºÍ/»òÆäËû¶Ô¼Û
48¡¢Êê»Ø¶Ô¼Û£ºÖ¸Í¶×ÊÈËÊê»Ø»ù½ð·Ý¶îʱ£¬»ù½ð¹ÜÀíÈË°´»ù½ðºÏͬºÍÕÐļ˵
Ã÷Êé¹æ¶¨Ó¦½»¸¶¸øͶ×ÊÈ˵Ä×éºÏ֤ȯ¡¢ÏÖ½ðÌæ´ú¡¢ÏÖ½ð²î¶îºÍ/»òÆäËû¶Ô¼Û
49¡¢×éºÏ֤ȯ£ºÖ¸±¾»ù½ð±êµÄÖ¸ÊýËù°üº¬µÄÈ«²¿»ò²¿·Ö֤ȯ
50¡¢±êµÄÖ¸Êý£ºÖ¸ÖÐÖ¤Èí¼þ·þÎñÖ¸Êý¼°ÆäδÀ´¿ÉÄÜ·¢ÉúµÄ±ä¸ü£¬»ò»ù½ð¹ÜÀí
ÈË°´ÕÕ±¾»ù½ðºÏͬԼ¶¨¸ü»»µÄÆäËûÖ¸Êý
51¡¢ÍêÈ«¸´ÖÆ·¨£ºÖ¸Ò»ÖÖ¹¹½¨¸ú×ÙÖ¸ÊýµÄͶ×Ê×éºÏµÄ·½·¨¡£Í¨¹ý¹ºÂò±êµÄÖ¸
ÊýÖеÄËùÓгɷÝ֤ȯ£¬²¢ÇÒ°´ÕÕÿÖֳɷÝ֤ȯÔÚ±êµÄÖ¸ÊýÖеÄȨÖØÈ·¶¨¹ºÂòµÄ±È
Àý£¬ÒÔ´ïµ½¸´ÖÆÖ¸ÊýµÄÄ¿µÄ
52¡¢ÏÖ½ðÌæ´ú£ºÖ¸É깺»òÊê»Ø¹ý³ÌÖУ¬Í¶×ÊÈË°´»ù½ðºÏͬºÍÕÐļ˵Ã÷ÊéµÄ¹æ
¶¨£¬ÓÃÓÚÌæ´ú×éºÏ֤ȯÖв¿·Ö֤ȯµÄÒ»¶¨ÊýÁ¿µÄÏÖ½ð
53¡¢ÏÖ½ðÌæ´úÍ˲¹¿î£ºÖ¸Í¶×ÊÈËÖ§¸¶µÄÏÖ½ðÌæ´úÓë»ù½ð¹ºÈë±»Ìæ´ú³É·Ý֤ȯ
µÄ³É±¾¼°Ïà¹Ø·ÑÓõIJî¶î¡£ÈôÏÖ½ðÌæ´ú´óÓÚ±¾»ù½ð¹ºÈë±»Ìæ´ú³É·Ý֤ȯµÄ³É±¾¼°
Ïà¹Ø·ÑÓã¬Ôò±¾»ù½ðÐèÏòͶ×ÊÈËÍË»¹²î¶î£¬ÈôÏÖ½ðÌæ´úСÓÚ±¾»ù½ð¹ºÈë±»Ìæ´ú³É
·Ý֤ȯµÄ³É±¾¼°Ïà¹Ø·ÑÓã¬ÔòͶ×ÊÈËÐèÏò±¾»ù½ð²¹½É²î¶î
54¡¢ÏÖ½ð²î¶î£ºÖ¸×îСÉ깺Êê»Øµ¥Î»µÄ×ʲú¾»ÖµÓë°´µ±ÈÕÊÕÅ̼ۼÆËãµÄ×îС
É깺Êê»Øµ¥Î»ÖеÄ×éºÏ֤ȯÊÐÖµºÍÏÖ½ðÌæ´úÖ®²î£»Í¶×ÊÈËÉ깺¡¢Êê»ØʱӦ֧¸¶»ò
Ó¦»ñµÃµÄÏÖ½ð²î¶î¸ù¾Ý×îСÉ깺Êê»Øµ¥Î»¶ÔÓ¦µÄÏÖ½ð²î¶î¡¢É깺»òÊê»ØµÄ»ù½ð·Ý
¶îÊý¼ÆËã
55¡¢×îСÉ깺Êê»Øµ¥Î»£ºÖ¸±¾»ù½ðÉ깺·Ý¶î¡¢Êê»Ø·Ý¶îµÄ×îµÍÊýÁ¿£¬Í¶×ÊÈË
É깺¡¢Êê»ØµÄ»ù½ð·Ý¶îÊýӦΪ×îСÉ깺Êê»Øµ¥Î»µÄÕûÊý±¶
56¡¢»ù½ð·Ý¶î²Î¿¼¾»Öµ£ºÖ¸»ù½ð¹ÜÀíÈË»ò»ù½ð¹ÜÀíÈËίÍеÄÆäËû»ú¹¹ÔÚÏà¹Ø
֤ȯ½»Ò×Ëù½»Ò×ʱ¼äÄÚ¸ù¾ÝÉ깺Êê»ØÇåµ¥ºÍ×éºÏ֤ȯÄÚ¸÷ֻ֤ȯµÄʵʱ³É½»Êý
¾Ý¼ÆËã²¢·¢²¼µÄ»ù½ð·Ý¶î²Î¿¼¾»Öµ£¬¼ò³ÆIOPV
57¡¢Ô¤¹ÀÏÖ½ð²î¶î£ºÖ¸ÓÉ»ù½ð¹ÜÀíÈ˼ÆËã²¢ÔÚTÈÕÉ깺Êê»ØÇåµ¥Öй«²¼µÄ
µ±ÈÕÏÖ½ð²î¶îµÄÔ¤¹ÀÖµ£¬Ô¤¹ÀÏÖ½ð²î¶îÓÉÉ깺Êê»Ø´úÀíȯÉÌ£¨´ú°ì֤ȯ¹«Ë¾£©Ô¤
Ïȶ³½á
58¡¢Ôª£ºÖ¸ÈËÃñ±ÒÔª
59¡¢»ù½ð·Ý¶îÕÛË㣺ָ»ù½ð¹ÜÀíÈ˸ù¾Ý»ù½ðÔË×÷µÄÐèÒª£¬ÔÚ»ù½ð×ʲú¾»Öµ²»
±äµÄÇ°ÌáÏ£¬°´ÕÕÒ»¶¨±ÈÀýµ÷Õû»ù½ð·Ý¶î×ܶ»ù½ð·Ý¶î¾»ÖµµÄÐÐΪ
60¡¢ÊÕÒæÆÀ¼ÛÈÕ£ºÖ¸»ù½ð¹ÜÀíÈ˼ÆËã±¾»ù½ð·Ý¶î¾»ÖµÔö³¤ÂÊÓë±êµÄÖ¸ÊýͬÆÚ
Ôö³¤Âʲî¶îÖ®ÈÕ
61¡¢»ù½ð·Ý¶î¾»ÖµÔö³¤ÂÊ£ºÖ¸ÊÕÒæÆÀ¼ÛÈÕ»ù½ð·Ý¶î¾»ÖµÓë»ù½ðÉÏÊÐÇ°Ò»ÈÕ»ù
½ð·Ý¶î¾»ÖµÖ®±È¼õÈ¥1³ËÒÔ100%£¨ÆÚ¼äÈç·¢Éú»ù½ð·Ý¶îÕÛË㣬ÔòÒÔ»ù½ð·Ý¶îÕÛ
ËãÈÕΪ³õʼÈÕÖØмÆË㣩
62¡¢±êµÄÖ¸ÊýͬÆÚÔö³¤ÂÊ£ºÖ¸ÊÕÒæÆÀ¼ÛÈÕ±êµÄÖ¸ÊýÊÕÅ̼ÛÓë»ù½ðÉÏÊÐÇ°Ò»ÈÕ
±êµÄÖ¸ÊýÊÕÅ̼ÛÖ®±È¼õÈ¥1³ËÒÔ100%£¨ÆÚ¼äÈç·¢Éú»ù½ð·Ý¶îÕÛË㣬ÔòÒÔ»ù½ð·Ý
¶îÕÛËãÈÕΪ³õʼÈÕÖØмÆË㣩
63¡¢»ù½ð×ʲú×ÜÖµ£ºÖ¸»ù½ðÓµÓеĸ÷ÀàÓмÛ֤ȯ¡¢ÒøÐдæ¿î±¾Ï¢¡¢»ù½ðÓ¦ÊÕ
¿îÏî¼°ÆäËû×ʲúµÄ¼ÛÖµ×ܺÍ
64¡¢»ù½ð×ʲú¾»Öµ£ºÖ¸»ù½ð×ʲú×ÜÖµ¼õÈ¥»ù½ð¸ºÕ®ºóµÄ¼ÛÖµ
65¡¢»ù½ð·Ý¶î¾»Öµ£ºÖ¸¼ÆËãÈÕ»ù½ð×ʲú¾»Öµ³ýÒÔ¼ÆËãÈÕ»ù½ð·Ý¶î×ÜÊý
66¡¢»ù½ð×ʲú¹ÀÖµ£ºÖ¸¼ÆËãÆÀ¹À»ù½ð×ʲúºÍ¸ºÕ®µÄ¼ÛÖµ£¬ÒÔÈ·¶¨»ù½ð×ʲú¾»
ÖµºÍ»ù½ð·Ý¶î¾»ÖµµÄ¹ý³Ì
67¡¢¹æ¶¨Ã½½é£ºÖ¸·ûºÏÖйúÖ¤¼à»á¹æ¶¨Ìõ¼þµÄÓÃÒÔ½øÐÐÐÅÏ¢Åû¶µÄÈ«¹úÐÔ±¨
¿¯¼°¡¶ÐÅÏ¢Åû¶°ì·¨¡·¹æ¶¨µÄ»¥ÁªÍøÍøÕ¾£¨°üÀ¨»ù½ð¹ÜÀíÈËÍøÕ¾¡¢»ù½ðÍйÜÈËÍø
Õ¾¡¢ÖйúÖ¤¼à»á»ù½ðµç×ÓÅû¶ÍøÕ¾£©µÈý½é
68¡¢Á÷¶¯ÐÔÊÜÏÞ×ʲú£ºÖ¸ÓÉÓÚ·¨ÂÉ·¨¹æ¡¢¼à¹Ü¡¢ºÏͬ»ò²Ù×÷ÕÏ°µÈÔÒòÎÞ·¨
ÒÔºÏÀí¼Û¸ñÓèÒÔ±äÏÖµÄ×ʲú£¬°üÀ¨µ«²»ÏÞÓÚµ½ÆÚÈÕÔÚ10¸ö½»Ò×ÈÕÒÔÉϵÄÄæ»Ø¹º
ÓëÒøÐж¨ÆÚ´æ¿î£¨º¬ÐÒéÔ¼¶¨ÓÐÌõ¼þÌáǰ֧ȡµÄÒøÐдæ¿î£©¡¢Í£ÅƹÉƱ¡¢Á÷ͨÊÜ
ÏÞµÄйɼ°·Ç¹«¿ª·¢ÐйÉƱ¡¢×ʲúÖ§³Ö֤ȯ¡¢Òò·¢ÐÐÈËÕ®ÎñÎ¥Ô¼ÎÞ·¨½øÐÐתÈûò
½»Ò×µÄծȯµÈ
69¡¢×ªÈÚ֤ͨȯ³ö½èÒµÎñ£º¼ò³Æ³ö½èÒµÎñ£¬ÊÇÖ¸±¾»ù½ðÒÔÒ»¶¨µÄ·ÑÂÊͨ¹ýÖ¤
ȯ½»Ò×Ëù×ÛºÏÒµÎñƽ̨ÏòÖйú֤ȯ½ðÈڹɷÝÓÐÏÞ¹«Ë¾£¨ÒÔϼò³Æ֤ȯ½ðÈÚ¹«Ë¾£©
³ö½è֤ȯ£¬Ö¤È¯½ðÈÚ¹«Ë¾µ½Æڹ黹Ëù½è֤ȯ¼°ÏàӦȨÒæ²¹³¥²¢Ö§¸¶·ÑÓõÄÒµÎñ
70¡¢²»¿É¿¹Á¦£ºÖ¸±¾»ù½ðºÏͬµ±ÊÂÈ˲»ÄÜÔ¤¼û¡¢²»ÄܱÜÃâÇÒ²»ÄÜ¿Ë·þµÄ¿Í¹Û
ʼþ¡£
µÚÈý²¿·Ö »ù½ðµÄ»ù±¾Çé¿ö
Ò»¡¢»ù½ðÃû³Æ
¼ÎʵÖÐÖ¤Èí¼þ·þÎñ½»Ò×ÐÍ¿ª·ÅʽָÊý֤ȯͶ×Ê»ù½ð
¶þ¡¢»ù½ðµÄÀà±ð
¹ÉƱÐÍÖ¸Êý֤ȯͶ×Ê»ù½ð
Èý¡¢»ù½ðµÄÔË×÷·½Ê½
½»Ò×ÐÍ¿ª·Åʽ
ËÄ¡¢»ù½ðµÄͶ×ÊÄ¿±ê
±¾»ù½ð½øÐỶ¯Ê½Ö¸Êý»¯Í¶×Ê£¬½ôÃܸú×Ù±êµÄÖ¸Êý£¬×·Çó¸ú×ÙÆ«Àë¶ÈºÍ¸ú×Ù
Îó²îµÄ×îС»¯£¬Á¦ÕùÈÕ¾ù¸ú×ÙÆ«Àë¶ÈµÄ¾ø¶ÔÖµ²»³¬¹ý0.2%£¬Ä껯¸ú×ÙÎó²î²»³¬
¹ý2%¡£
Îå¡¢»ù½ð±êµÄÖ¸Êý
ÖÐÖ¤Èí¼þ·þÎñÖ¸Êý
Áù¡¢»ù½ðµÄ×îµÍļ¼¯·Ý¶î×ܶî
±¾»ù½ðµÄ×îµÍļ¼¯·Ý¶î×ܶîΪ2ÒÚ·Ý¡£
Æß¡¢»ù½ð·Ý¶î³õʼÃæÖµºÍÈϹº·ÑÓÃ
±¾»ù½ð»ù½ð·Ý¶î³õʼÃæֵΪÈËÃñ±Ò1Ôª¡£
±¾»ù½ðÈϹº·ÑÂÊ°´ÕÐļ˵Ã÷ÊéµÄ¹æ¶¨Ö´ÐС£
°Ë¡¢»ù½ð´æÐøÆÚÏÞ
²»¶¨ÆÚ
¾Å¡¢ETFÁª½Ó»ù½ð
±¾»ù½ð»ù½ðºÏͬÉúЧºó£¬»ù½ð¹ÜÀíÈË¿É·¢Ðв¢¹ÜÀí±¾»ù½ðµÄÁª½Ó»ù½ð£¬¸Ã
ETFÁª½Ó»ù½ð½«Í¶×ÊÓÚ±¾»ù½ð£¬Óë±¾»ù½ð¸ú×Ùͬһ±êµÄÖ¸Êý¡£
Ê®¡¢ÔÚ²»Î¥·´·¨ÂÉ·¨¹æ¼°¶Ô»ù½ð·Ý¶î³ÖÓÐÈËÀûÒæÎÞʵÖÊÐÔ²»ÀûÓ°ÏìµÄÇ°Ìá
Ï£¬»ù½ð¹ÜÀíÈ˿ɸù¾Ý»ù½ð·¢Õ¹ÐèÒª£¬¾Óë»ù½ðÍйÜÈËÐÉÌÒ»Ö²¢ÂÄÐÐÏà¹Ø³ÌÐò
ºó£¬Îª±¾»ù½ðÔöÉè»ù½ð·Ý¶î£¬»ò¿ªÍ¨³¡ÍâÉ깺¡¢Êê»ØÏà¹ØÒµÎñ²¢Öƶ¨¡¢¹«²¼ÏàÓ¦
µÄ½»Ò×¹æÔòµÈ£¬ÎÞÐëÕÙ¿ª»ù½ð·Ý¶î³ÖÓÐÈË´ó»áÉóÒé¡£»ù½ð¹ÜÀíÈËÓ¦ÔÚµ÷ÕûʵʩÈÕ
Ç°ÒÀÕÕ¡¶ÐÅÏ¢Åû¶°ì·¨¡·µÄÓйع涨Ôڹ涨ý½éÉϹ«¸æ¡£
µÚËIJ¿·Ö »ù½ð·Ý¶îµÄ·¢ÊÛ
Ò»¡¢»ù½ð·Ý¶îµÄ·¢ÊÛʱ¼ä¡¢·¢ÊÛ·½Ê½¡¢·¢ÊÛ¶ÔÏó
1¡¢·¢ÊÛʱ¼ä
×Ô»ù½ð·Ý¶î·¢ÊÛÖ®ÈÕÆð×²»µÃ³¬¹ý3¸öÔ£¬¾ßÌå·¢ÊÛʱ¼ä¼û»ù½ð·Ý¶î·¢ÊÛ
¹«¸æ¡£
2¡¢·¢ÊÛ·½Ê½
Ͷ×ÊÕß¿ÉÑ¡ÔñÍøÉÏÏÖ½ðÈϹº¡¢ÍøÏÂÏÖ½ðÈϹººÍÍøϹÉƱÈϹº3ÖÖ·½Ê½ÈϹº±¾
»ù½ð£º
ÍøÉÏÏÖ½ðÈϹºÊÇָͶ×ÊÈËͨ¹ý»ù½ð¹ÜÀíÈËÖ¸¶¨µÄ·¢ÊÛ´úÀí»ú¹¹Ê¹ÓÃÉîÛÚÖ¤
ȯ½»Ò×ËùÍøÉÏϵͳÒÔÏÖ½ð½øÐеÄÈϹº£»
ÍøÏÂÏÖ½ðÈϹºÊÇָͶ×ÊÈËͨ¹ý»ù½ð¹ÜÀíÈ˼°ÆäÖ¸¶¨µÄ·¢ÊÛ´úÀí»ú¹¹Ê¹ÓÃÖ¤
ȯ½»Ò×ËùÍøÉÏϵͳÒÔÍâµÄϵͳÒÔÏÖ½ð½øÐеÄÈϹº£»
ÍøϹÉƱÈϹºÊÇָͶ×ÊÈËͨ¹ý»ù½ð¹ÜÀíÈ˼°ÆäÖ¸¶¨µÄ·¢ÊÛ´úÀí»ú¹¹ÒÔ×éºÏ
֤ȯ»ò»ù½ðºÏͬԼ¶¨µÄÆäËû¶Ô¼ÛÎï½øÐеÄÈϹº¡£
ÍøÉÏÏÖ½ðÈϹº¡¢ÍøÏÂÏÖ½ðÈϹººÍÍøϹÉƱÈϹºµÄ¾ßÌå°²ÅÅÏê¼ûÕÐļ˵Ã÷ÊéµÄ
Ïà¹Ø¹æ¶¨¡£
3¡¢·¢ÊÛ¶ÔÏó
·ûºÏ·¨ÂÉ·¨¹æ¹æ¶¨µÄ¿ÉͶ×ÊÓÚ֤ȯͶ×Ê»ù½ðµÄ¸öÈËͶ×ÊÕß¡¢»ú¹¹Í¶×ÊÕß¡¢ºÏ
¸ñ¾³Íâ»ú¹¹Í¶×ÊÕߺÍÈËÃñ±ÒºÏ¸ñ¾³Íâ»ú¹¹Í¶×ÊÕßÒÔ¼°·¨ÂÉ·¨¹æ»òÖйúÖ¤¼à»áÔÊ
Ðí¹ºÂò֤ȯͶ×Ê»ù½ðµÄÆäËûͶ×ÊÈË¡£
¶þ¡¢»ù½ð·Ý¶îµÄÈϹº
1¡¢ÈϹº·ÑÓÃ
±¾»ù½ðµÄÈϹº·ÑÂÊÓÉ»ù½ð¹ÜÀíÈ˾ö¶¨£¬²¢ÔÚÕÐļ˵Ã÷Êé¡¢»ù½ð²úÆ·×ÊÁϸÅÒª
»òÏà¹Ø¹«¸æÖÐÁÐʾ¡£»ù½ðÈϹº·ÑÓò»ÁÐÈë»ù½ð²Æ²ú¡£
2¡¢Ä¼¼¯ÆÚ¼äÈϹº×ʽðÓë¹ÉƱµÄ´¦Àí·½Ê½
»ù½ðļ¼¯ÆÚ¼äļ¼¯µÄ×ʽðÓ¦µ±´æÈëרÃÅÕË»§£¬ÔÚ»ù½ðļ¼¯ÐÐΪ½áÊøÇ°£¬ÈκÎ
È˲»µÃ¶¯Óá£Ä¼¼¯µÄ¹ÉƱÓɵǼǻú¹¹ÓèÒÔ¶³½á¡£
3¡¢»ù½ðÈϹº·Ý¶îµÄ¼ÆËã
»ù½ðÈϹº·Ý¶î¾ßÌåµÄ¼ÆËã·½·¨ÔÚÕÐļ˵Ã÷ÊéÖÐÁÐʾ¡£
4¡¢ÈϹºÉêÇëµÄÈ·ÈÏ
ÏúÊÛ»ú¹¹¶ÔÈϹºÉêÇëµÄÊÜÀí²¢²»´ú±í¸ÃÉêÇëÒ»¶¨³É¹¦£¬¶ø½ö´ú±íÏúÊÛ»ú¹¹È·
ʵ½ÓÊÕµ½ÈϹºÉêÇ롣Ͷ×ÊÕß°´ÕÕ±¾»ù½ðºÏͬµÄÔ¼¶¨Ìá½»ÈϹºÉêÇë²¢½»ÄÉÈϹº»ù½ð
·Ý¶îµÄ¿îÏî»ò¹ÉƱʱ£¬»ù½ðºÏͬ³ÉÁ¢£»»ù½ð¹ÜÀíÈË°´Õչ涨°ìÀíÍê±Ï»ù½ðļ¼¯µÄ
±¸°¸ÊÖÐø£¬»ù½ðºÏͬÉúЧ¡£ÈϹºµÄÈ·ÈÏÒԵǼǻú¹¹µÄÈ·ÈϽá¹ûÒÔ¼°»ù½ðºÏͬÉúЧ
Ϊ׼¡£¶ÔÓÚÈϹºÉêÇë¼°ÈϹº·Ý¶îµÄÈ·ÈÏÇé¿ö£¬Í¶×ÊÕßÓ¦¼°Ê±²éѯ²¢Í×ÉÆÐÐʹºÏ·¨
ȨÀû¡£
5¡¢Í¶×ÊÕß¾ßÌåµÄÈϹºÔÔò¡¢ÈϹºÊ±¼ä°²ÅÅ¡¢Í¶×ÊÕßÈϹºÓ¦Ìá½»µÄÎļþºÍ°ì
ÀíµÄÊÖÐøµÈÊÂÏÓÉ»ù½ð¹ÜÀíÈ˸ù¾ÝÏà¹Ø·¨ÂÉ·¨¹æÒÔ¼°±¾»ù½ðºÏͬµÄ¹æ¶¨È·¶¨£¬
²¢ÔÚÕÐļ˵Ã÷Êé¡¢»ù½ð·Ý¶î·¢ÊÛ¹«¸æ»òÆäËûÏà¹Ø¹«¸æÖÐÅû¶¡£
Èý¡¢»ù½ð·Ý¶îÈϹºµÄÏÞÖÆ
»ù½ð¹ÜÀíÈË¿ÉÒÔ¶ÔͶ×ÊÕßµÄÈϹº½ð¶î»òÊý¶î½øÐÐÏÞÖÆ£¬¾ßÌåÏÞÖƺʹ¦Àí·½·¨
Çë²Î¿´ÕÐļ˵Ã÷Êé»òÏà¹Ø¹«¸æ¡£
µÚÎ岿·Ö »ù½ð±¸°¸
Ò»¡¢»ù½ð±¸°¸µÄÌõ¼þ
±¾»ù½ð×Ô»ù½ð·Ý¶î·¢ÊÛÖ®ÈÕÆð3¸öÔÂÄÚ£¬ÔÚ»ù½ðļ¼¯·Ý¶î×ܶÉÙÓÚ2ÒÚ·Ý£¬
»ù½ðļ¼¯½ð¶î£¨º¬ÍøϹÉƱÈϹºËùļ¼¯µÄ¹ÉƱ°´»ù½ðºÏͬԼ¶¨µÄ¹ÀÖµ·½·¨¼ÆËãµÄ
¼ÛÖµ£©²»ÉÙÓÚ2ÒÚÔªÈËÃñ±ÒÇÒ»ù½ð·Ý¶îÓÐЧÈϹºÈËÊý²»ÉÙÓÚ200È˵ÄÌõ¼þÏ£¬»ù
½ðļ¼¯ÆÚ½ìÂú»ò»ù½ð¹ÜÀíÈËÒÀ¾Ý·¨ÂÉ·¨¹æ¼°ÕÐļ˵Ã÷Êé¿ÉÒÔ¾ö¶¨Í£Ö¹»ù½ð·¢ÊÛ£¬
²¢ÔÚļ¼¯½áÊøÖ®ÈÕÆð10ÈÕÄÚƸÇë·¨¶¨Ñé×Ê»ú¹¹Ñé×Ê£¬×ÔÊÕµ½Ñé×ʱ¨¸æÖ®ÈÕÆð10
ÈÕÄÚ£¬ÏòÖйúÖ¤¼à»á°ìÀí»ù½ð±¸°¸ÊÖÐø¡£
»ù½ðļ¼¯´ïµ½»ù½ð±¸°¸Ìõ¼þµÄ£¬»ù½ð¹ÜÀíÈË°ìÀíÍê±Ï»ù½ð±¸°¸ÊÖÐø²¢È¡µÃÖÐ
¹úÖ¤¼à»áÊéÃæÈ·ÈÏÖ®ÈÕ£¬»ù½ðºÏͬÉúЧ£»·ñÔò»ù½ðºÏͬ²»ÉúЧ¡£»ù½ð¹ÜÀíÈËÔÚÊÕ
µ½ÖйúÖ¤¼à»áÈ·ÈÏÎļþµÄ´ÎÈÕ¶Ô»ù½ðºÏͬÉúЧÊÂÒËÓèÒÔ¹«¸æ¡£
»ù½ð¹ÜÀíÈËÓ¦½«»ù½ðļ¼¯ÆÚ¼äļ¼¯µÄ×ʽð´æÈëרÃÅÕË»§£¬ÔÚ»ù½ðļ¼¯ÐÐΪ½á
ÊøÇ°£¬ÈκÎÈ˲»µÃ¶¯Óá£ÍøϹÉƱÈϹºËùļ¼¯µÄ¹ÉƱÓɵǼǻú¹¹ÓèÒÔ¶³½á£¬¶³½á
ÆÚ¼äµÄ¹ÉƱȨÒæ¼°æÜÏ¢¹éÊô°´ÕÕÏà¹ØÒµÎñ¹æÔò´¦Àí¡£
¶þ¡¢»ù½ðºÏͬ²»ÄÜÉúЧʱļ¼¯×ʽðºÍ¹ÉƱµÄ´¦Àí·½Ê½
Èç¹ûļ¼¯ÆÚÏÞ½ìÂú£¬Î´Âú×ã»ù½ð±¸°¸Ìõ¼þ£¬»ù½ð¹ÜÀíÈËÓ¦µ±³Ðµ£ÏÂÁÐÔðÈΣº
1¡¢ÒÔÆä¹ÌÓвƲú³Ðµ£Òòļ¼¯ÐÐΪ¶ø²úÉúµÄÕ®ÎñºÍ·ÑÓã»
2¡¢Õë¶ÔͶ×ÊÕßÒÔÏÖ½ð½»ÄɵÄÈϹº×ʽðÔÚ»ù½ðļ¼¯ÆÚÏÞ½ìÂúºó30ÈÕÄÚ·µ»¹Í¶
×ÊÕßÒѽÉÄɵĿîÏ²¢¼Ó¼ÆÒøÐÐͬÆÚ»îÆÚ´æ¿îÀûÏ¢£»ÒѶ³½áµÄ¹ÉƱӦ¸ù¾Ý½»Ò×Ëù
¼°µÇ¼Ç»ú¹¹Ïà¹Ø¹æÔòÓèÒԽⶳ²¢ÍË»¹Í¶×ÊÈË¡£
Èç»ù½ðļ¼¯Ê§°Ü£¬»ù½ð¹ÜÀíÈË¡¢»ù½ðÍйÜÈ˼°ÏúÊÛ»ú¹¹²»µÃÇëÇ󱨳ꡣ»ù½ð
¹ÜÀíÈË¡¢»ù½ðÍйÜÈ˺ÍÏúÊÛ»ú¹¹Îª»ù½ðļ¼¯Ö§¸¶Ö®Ò»ÇзÑÓÃÓ¦Óɸ÷·½¸÷×Գе£¡£
Èý¡¢»ù½ð´æÐøÆÚÄڵĻù½ð·Ý¶î³ÖÓÐÈËÊýÁ¿ºÍ×ʲú¹æÄ£
»ù½ðºÏͬÉúЧºó£¬Á¬Ðø20¸ö¹¤×÷ÈÕ³öÏÖ»ù½ð·Ý¶î³ÖÓÐÈËÊýÁ¿²»Âú200ÈË»ò
Õß»ù½ð×ʲú¾»ÖµµÍÓÚ5000ÍòÔªÇéÐεģ¬»ù½ð¹ÜÀíÈËÓ¦µ±ÔÚ¶¨ÆÚ±¨¸æÖÐÓèÒÔÅû¶£»
Á¬Ðø50¸ö¹¤×÷ÈÕ³öÏÖÇ°ÊöÇéÐεģ¬»ù½ðºÏͬÖÕÖ¹£¬ÎÞÐèÕÙ¿ª»ù½ð·Ý¶î³ÖÓÐÈË´ó
»á½øÐбí¾ö¡£
·¨ÂÉ·¨¹æ»òÖйúÖ¤¼à»áÁíÓй涨ʱ£¬´ÓÆä¹æ¶¨¡£
µÚÁù²¿·Ö »ù½ð·Ý¶îµÄÉÏÊн»Ò×
Ò»¡¢»ù½ð·Ý¶îµÄÉÏÊÐ
»ù½ðºÏͬÉúЧºó£¬ÔÚ·ûºÏÉîÛÚ֤ȯ½»Ò×ËùÏà¹Ø¹æ¶¨µÄÌõ¼þÏ£¬»ù½ð¹ÜÀíÈË¿É
ÒÀ¾Ý¡¶ÉîÛÚ֤ȯ½»Ò×Ëù֤ȯͶ×Ê»ù½ðÉÏÊйæÔò¡·£¬ÏòÉîÛÚ֤ȯ½»Ò×ËùÉêÇë»ù½ð·Ý
¶îÉÏÊУº
1¡¢±¾»ù½ð³¡ÄÚ×ʲú¾»Öµ²»ÉÙÓÚ2ÒÚÔª£»
2¡¢±¾»ù½ð³¡Äڷݶî³ÖÓÐÈ˲»ÉÙÓÚ1000ÈË£»
3¡¢·ûºÏÉîÛÚ֤ȯ½»Ò×Ëù¹æ¶¨µÄÆäËûÌõ¼þ¡£
»ù½ðÉÏÊÐÇ°£¬»ù½ð¹ÜÀíÈËÓ¦ÓëÉîÛÚ֤ȯ½»Ò×ËùÇ©¶©ÉÏÊÐÐÒéÊé¡£»ù½ð»ñ×¼ÔÚ
ÉîÛÚ֤ȯ½»Ò×ËùÉÏÊеģ¬»ù½ð¹ÜÀíÈËÓ¦°´ÕÕÏà¹Ø¹æ¶¨·¢²¼»ù½ð·Ý¶îÉÏÊн»Ò×¹«¸æ
Êé¼°ÆäÌáʾÐÔ¹«¸æ¡£
¶þ¡¢»ù½ð·Ý¶îµÄÉÏÊн»Ò×
»ù½ð·Ý¶îÔÚÉîÛÚ֤ȯ½»Ò×ËùµÄÉÏÊн»Ò×Ó¦×ñÕÕ¡¶ÉîÛÚ֤ȯ½»Ò×Ëù½»Ò×¹æÔò¡·¡¢
¡¶ÉîÛÚ֤ȯ½»Ò×Ëù֤ȯͶ×Ê»ù½ðÉÏÊйæÔò¡·¡¢¡¶ÉîÛÚ֤ȯ½»Ò×Ëù֤ȯͶ×Ê»ù½ð½»
Ò׺ÍÉ깺Êê»ØʵʩϸÔò¡·µÈÓйع涨¡£
Èý¡¢Í£¸´ÅÆ¡¢ÔÝÍ£ÉÏÊС¢»Ö¸´ÉÏÊлòÖÕÖ¹ÉÏÊеÄÇéÐκʹ¦Àí·½Ê½
±¾»ù½ð·Ý¶îÔÚÉîÛÚ֤ȯ½»Ò×ËùÉÏÊкó£¬ÈçÓöÍ£¸´ÅÆ¡¢ÔÝÍ£ÉÏÊС¢»Ö¸´ÉÏÊлò
ÖÕÖ¹ÉÏÊеÄÇéÐΣ¬°´ÕÕ¡¶ÉîÛÚ֤ȯ½»Ò×Ëù֤ȯͶ×Ê»ù½ðÉÏÊйæÔò¡·µÄÏà¹Ø¹æ¶¨Ö´
ÐС£
Èô±¾»ù½ð·¢ÉúÉîÛÚ֤ȯ½»Ò×ËùÏà¹Ø¹æÔòËù¹æ¶¨µÄÒò²»Ôپ߱¸ÉÏÊÐÌõ¼þ¶øÓ¦
µ±ÖÕÖ¹ÉÏÊеÄÇéÐÎʱ£¬±¾»ù½ð¿ÉÓɽ»Ò×ÐÍ¿ª·Åʽ»ù½ð±ä¸üΪ¸ú×Ù±êµÄÖ¸ÊýµÄ·ÇÉÏ
Êпª·ÅʽָÊý»ù½ð£¬¶øÎÞÐèÕÙ¿ª»ù½ð·Ý¶î³ÖÓдó»áÉóÒé¡£½ìʱ£¬»ù½ð¹ÜÀíÈ˿ɱä
¸ü±¾»ù½ðµÄµÇ¼Ç»ú¹¹¡¢ÏàÓ¦µ÷ÕûÉ깺Êê»ØÒµÎñ¹æÔò¡¢ÌáÇ°Öƶ¨»ù½ðÖÕÖ¹ÉÏÊкó³¡
ÄڷݶîµÄ´¦Àí¹æÔò²¢¹«¸æ£¬Í¬Ê±£¬»ù½ð¹ÜÀíÈË¿É°´ÕÕ¡¶ÐÅÏ¢Åû¶°ì·¨¡·µÄ¹æ¶¨£¬
¹«¸æ±ä¸üºóµÄ»ù½ðºÏͬ¼°ÕÐļ˵Ã÷Êé¡£Èô½ìʱ±¾»ù½ð¹ÜÀíÈËÒÑÓÐÒÔ¸ÃÖ¸Êý×÷Ϊ±ê
µÄÖ¸ÊýµÄÖ¸Êý»ù½ð£¬Ôò»ù½ð¹ÜÀíÈ˽«±¾×Åά»¤»ù½ð·Ý¶î³ÖÓÐÈ˺Ϸ¨È¨ÒæµÄÔÔò£¬
ÂÄÐÐÊʵ±µÄ³ÌÐòºóÓë¸ÃÖ¸Êý»ù½ðºÏ²¢»òÑ¡È¡ÆäËûºÏÊʵÄÖ¸Êý×÷Ϊ±êµÄÖ¸Êý¡£
ÉÏÊö»ù½ð±ä¸ü»òºÏ²¢µÄ¾ßÌå°²Åżû»ù½ð¹ÜÀíÈ˽ìʱ·¢²¼µÄÏà¹Ø¹«¸æ¡£
ËÄ¡¢»ù½ð·Ý¶î²Î¿¼¾»ÖµµÄ¼ÆËãÓ빫¸æ
»ù½ð¹ÜÀíÈËÔÚÿһ¸ö½»Ò×ÈÕ¿ªÊÐÇ°¹«¸æµ±ÈÕµÄÉ깺Êê»ØÇåµ¥¡£±¾»ù½ð»ù½ð·Ý
¶î²Î¿¼¾»Öµ£¨IOPV£©ÓÉ»ù½ð¹ÜÀíÈË»ò»ù½ð¹ÜÀíÈËίÍеĻú¹¹¼ÆË㣬²¢½»ÓÉÉîÛÚÖ¤
ȯ½»Ò×Ëù·¢²¼£¬¹©Í¶×ÊÕß½»Òס¢É깺¡¢Êê»Ø»ù½ð·Ý¶îʱ²Î¿¼¡£»ù½ð·Ý¶î²Î¿¼¾»Öµ
£¨IOPV£©µÄ¾ßÌå¼ÆËã·½·¨²Î¼ûÕÐļ˵Ã÷Êé¡£
»ù½ð¹ÜÀíÈË¿ÉÒÔµ÷Õû»ù½ð·Ý¶î²Î¿¼¾»Öµ¼ÆË㹫ʽ£¬²¢ÓèÒÔ¹«¸æ¡£ÈçÉîÛÚ֤ȯ
½»Ò×Ëù¶Ô»ù½ð·Ý¶î²Î¿¼¾»ÖµµÄ¼ÆËã·½·¨ÁíÓй涨µÄ£¬´ÓÆä¹æ¶¨¡£
Îå¡¢ÆäËû
ÈôÉîÛÚ֤ȯ½»Ò×Ëù¡¢Öйú֤ȯµÇ¼Ç½áËãÓÐÏÞÔðÈι«Ë¾Ôö¼ÓÁË»ù½ðÉÏÊн»Ò×µÄ
й¦ÄÜ£¬±¾»ù½ð¹ÜÀíÈË¿ÉÒÔÔÚÂÄÐÐÊʵ±µÄ³ÌÐòºóÔö¼ÓÏàÓ¦¹¦ÄÜ¡£
Ïà¹