{"id":46084,"date":"2026-02-14T05:05:10","date_gmt":"2026-02-14T05:05:10","guid":{"rendered":"https:\/\/api.ngakorming.com\/index.php\/2026\/02\/14\/%e6%8a%b5%e4%bd%8f%e7%89%b9%e6%9c%97%e6%99%ae%e6%94%bb%e5%8a%bf%e3%80%80%e4%b8%ad%e5%9b%bd%e5%b7%a5%e5%8e%82%e5%a6%82%e4%bd%95%e8%b6%8a%e6%8c%ab%e8%b6%8a%e5%8b%87%ef%bc%9f\/"},"modified":"2026-02-14T05:05:10","modified_gmt":"2026-02-14T05:05:10","slug":"%e6%8a%b5%e4%bd%8f%e7%89%b9%e6%9c%97%e6%99%ae%e6%94%bb%e5%8a%bf%e3%80%80%e4%b8%ad%e5%9b%bd%e5%b7%a5%e5%8e%82%e5%a6%82%e4%bd%95%e8%b6%8a%e6%8c%ab%e8%b6%8a%e5%8b%87%ef%bc%9f","status":"publish","type":"post","link":"https:\/\/api.ngakorming.com\/index.php\/2026\/02\/14\/%e6%8a%b5%e4%bd%8f%e7%89%b9%e6%9c%97%e6%99%ae%e6%94%bb%e5%8a%bf%e3%80%80%e4%b8%ad%e5%9b%bd%e5%b7%a5%e5%8e%82%e5%a6%82%e4%bd%95%e8%b6%8a%e6%8c%ab%e8%b6%8a%e5%8b%87%ef%bc%9f\/","title":{"rendered":"\u62b5\u4f4f\u7279\u6717\u666e\u653b\u52bf\u3000\u4e2d\u56fd\u5de5\u5382\u5982\u4f55\u8d8a\u632b\u8d8a\u52c7\uff1f"},"content":{"rendered":"

\uff08\u534e\u76db\u987f\u3001\u5317\u4eac13\u65e5\u8baf\uff091\u5e74\u524d\uff0c\u7f8e\u56fd\u603b\u7edf\u7279\u6717\u666e\u752b\u4e0a\u4efb\u540e\u6325\u821e\u5173\u7a0e\u5927\u68d2\uff0c\u8ba9\u51fa\u53e3\u5546\u4e0e\u6d77\u5916\u4e70\u5bb6\u4e00\u5ea6\u4eba\u5fc3\u60f6\u60f6\uff1b\u7136\u800c\u65f6\u96941\u5e74\uff0c\u5728\u519c\u5386\u65b0\u5e74\u524d\u5915\uff0c\u4e2d\u56fd\u5404\u5730\u7684\u5de5\u5382\u4e0e\u6e2f\u53e3\u4f9d\u7136\u706f\u706b\u901a\u660e\u3001\u673a\u5668\u8f70\u9e23\uff0c\u51fa\u8d27\u70ed\u6f6e\u751a\u81f3\u628a\u8fd0\u4ef7\u63a8\u5411\u9ad8\u70b9\u3002<\/p>\n

\u636e\u7f8e\u56fd\u8d22\u7ecf\u5a92\u4f53\u300aCNBC\u300b\u62a5\u5bfc\uff0c\u6bcf\u9022\u519c\u5386\u65b0\u5e74\u524d\uff0c\u4e2d\u56fd\u5236\u9020\u4e1a\u901a\u5e38\u4f1a\u8fce\u6765\u4e00\u6ce2\u5b63\u8282\u6027\u9ad8\u5cf0\u3002\u4f01\u4e1a\u4e3a\u4e86\u8d76\u5728\u957f\u5047\u505c\u5de5\u524d\u5b8c\u6210\u8ba2\u5355\u3001\u5c06\u8d27\u7269\u88c5\u8239\u51fa\u6e2f\uff0c\u5f80\u5f80\u5168\u7ebf\u52a0\u73ed\u3002\u4eca\u5e74\u7684\u8282\u524d\u8d76\u5de5\u6f6e\uff0c\u770b\u8d77\u6765\u4e1d\u6beb\u672a\u53d7\u7279\u6717\u666e\u5173\u7a0e\u9634\u5f71\u7684\u524a\u5f31\u3002<\/p>\n

\u4f4d\u4e8e\u5e7f\u4e1c\u7684\u7535\u5b50\u5236\u9020\u5546\u2014\u2014Agilian Technology\u521b\u529e\u4eba\u517c\u9996\u5e2d\u6267\u884c\u5458\u5b89\u4f50\u5170\uff08Renaud Anjoran\uff09\u8868\u793a\uff0c\u5728\u7ecf\u53861\u5e74\u53cd\u590d\u51fa\u73b0\u3001\u65f6\u800c\u7d27\u7f29\u65f6\u800c\u677e\u7ed1\u7684\u5173\u7a0e\u5a01\u80c1\u540e\uff0c\u5de5\u5382\u76ee\u524d\u51e0\u4e4e\u6ee1\u8f7d\u8fd0\u8f6c\uff0c\u201c\u6211\u4eec\u975e\u5e38\u5fd9\u788c\u3002\u201d<\/p>\n

\u5173\u7a0e\u4eff\u4f5b\u4e0d\u5b58\u5728<\/p>\n

\u4ed6\u5f62\u5bb9\uff0c\u773c\u4e0b\u7684\u60c5\u51b5\u4eff\u4f5b\u5173\u7a0e\u4e0d\u5b58\u5728\u4e00\u822c\uff0c\u7f8e\u56fd\u5ba2\u6237\u5e76\u672a\u79ef\u6781\u5bfb\u627e\u66ff\u4ee3\u4ea7\u5730\uff0c\u201c\u53c8\u56de\u5230\u90a3\u79cd\u597d\u50cf\u6ca1\u6709\u5173\u7a0e\u7684\u72b6\u6001\uff0c\u7f8e\u56fd\u5ba2\u6237\u5e76\u6ca1\u6709\u8003\u8651\u6539\u5411\u5176\u4ed6\u5730\u65b9\u91c7\u8d2d\u3002\u201d\u4ed6\u4e5f\u900f\u9732\uff0c\u90e8\u4efd\u5ba2\u6237\u4e3a\u4e86\u8d76\u5728\u5047\u671f\u524d\u5b8c\u6210\u751f\u4ea7\u4e0e\u51fa\u8d27\uff0c\u4e0d\u5f97\u4e0d\u627f\u62c5\u989d\u5916\u6210\u672c\u3002<\/p>\n

\u5b89\u4f50\u5170\u8868\u793a\uff0c\u5728\u4e1c\u839e\u7684\u5de5\u5382\u6709\u8d85\u8fc7\u4e00\u534a\u4ea7\u54c1\u9500\u5f80\u7f8e\u56fd\uff0c\u51fa\u53e3\u89c4\u6a21\u7ef4\u6301\u5728\u53bb\u5e74\u7279\u6717\u666e\u52a0\u5f81\u5173\u7a0e\u524d\u7684\u6c34\u5e73\u3002\u4e13\u95e8\u8ffd\u8e2a\u4e2d\u56fd\u7ecf\u6d4e\u52a8\u6001\u7684\u7814\u7a76\u673a\u6784\u2014\u2014\u4e2d\u56fd\u8910\u76ae\u4e66\u56fd\u9645\u516c\u53f8\uff08China Beige Book International\uff09\u6307\u51fa\uff0c\u5de5\u5382\u5728\u519c\u5386\u5e74\u524d\u7684\u8ba2\u5355\u3001\u4ea7\u91cf\u4e0e\u83b7\u5229\u5747\u51fa\u73b0\u660e\u663e\u8df3\u5347\u3002<\/p>\n

\u5185\u9700\u4e0e\u51fa\u53e3\u52a0\u901f\u589e\u957f<\/p>\n

\u8be5\u673a\u6784\u4f30\u8ba1\uff0c\u4eca\u5e741\u6708\u5de5\u4e1a\u4ea7\u51fa\u8f83\u53bb\u5e74\u540c\u671f\u663e\u8457\u6210\u957f\uff0c\u65e0\u8bba\u5185\u9700\u6216\u51fa\u53e3\u8ba2\u5355\uff0c\u7686\u5448\u73b0\u5e74\u589e\u4e0e\u6708\u589e\u53cc\u53cc\u52a0\u901f\u7684\u6001\u52bf\u30021\u81f32\u6708\u7684\u5b98\u65b9\u4ea7\u51fa\u6570\u636e\u9884\u8ba1\u5c06\u4e8e3\u6708\u516c\u5e03\u3002<\/p>\n

\u6e2f\u53e3\u6570\u636e\u4ea6\u5370\u8bc1\u4e86\u8fd9\u80a1\u70ed\u5ea6\u3002\u6c47\u4e30\u94f6\u884c\uff08HSBC Bank\uff09\u7684\u8fd0\u8f93\u4e0e\u7269\u6d41\u5206\u6790\u56e2\u961f\u6307\u51fa\uff0c\u622a\u81f32\u67081\u65e5\u5f53\u5468\uff0c\u4e2d\u56fd\u4e3b\u8981\u6e2f\u53e3\u5904\u7406\u7684\u8d27\u67dc\u91cf\u8f83\u53bb\u5e74\u540c\u671f\u66b4\u589e40%\uff0c\u521b\u4e0b\u903e12\u4e2a\u6708\u6765\u6700\u5feb\u7684\u5e74\u589e\u901f\uff0c\u4e5f\u8fdc\u9ad8\u4e8e2025\u5e74\u5e73\u5747\u7ea610%\u7684\u5468\u589e\u5e45\u3002<\/p>\n

\u4ee5\u4e2d\u56fd\u91cd\u8981\u6d77\u8fd0\u67a2\u7ebd\u5b81\u6ce2\u4e3a\u4f8b\uff0c\u5b81\u6ce2\u4e2d\u56fd\u4f9b\u5e94\u94fe\u521b\u65b0\u5b66\u9662\u9662\u957f\u90ed\u6770\u7fa4\u8868\u793a\uff0c\u7801\u5934\u51e0\u4e4e\u8d85\u8d1f\u8377\u8fd0\u8f6c\uff0c\u4e2a\u522b\u8239\u8236\u8d85\u8ba2\u8231\u4f4d\u8d85\u8fc720%\uff0c\u90e8\u4efd\u65f6\u6bb5\u751a\u81f3\u6682\u505c\u8d27\u67dc\u8fdb\u573a\u3002<\/p>\n

\u8fd0\u8f93\u538b\u529b\u4e5f\u8fc5\u901f\u53cd\u6620\u5728\u6210\u672c\u4e0a\u3002\u90ed\u6770\u7fa4\u6307\u51fa\uff0c\u4e25\u91cd\u7684\u4ea4\u901a\u58c5\u585e\u5df2\u5c06\u5361\u8f66\u8fd0\u4ef7\u63a8\u9ad880%\u3002\u968f\u8457\u591a\u6570\u5de5\u5382\u4e0e\u8d27\u4ee3\u4e1a\u8005\u81ea\u5468\u4e94\uff0813\u65e5\uff09\u8d77\u9646\u7eed\u505c\u5de5\uff0c\u4e0b\u5468\u56db\uff0819\u65e5\uff09\u624d\u6062\u590d\u8425\u8fd0\uff0c\u8282\u524d\u6700\u540e\u4e00\u6ce2\u51fa\u8d27\u6f6e\u66f4\u663e\u6025\u8feb\u3002<\/p>\n

\u5168\u7403\u4f9b\u5e94\u94fe\u4e0e\u7269\u6d41\u4e13\u5bb6\u83b1\u9a6c\u8d6b\uff08Wolfgang Lehmacher\uff09\u4ea6\u8868\u793a\uff0c\u6b27\u6d32\u3001\u5317\u7f8e\u4e0e\u4e9a\u6d32\u7684\u6258\u8fd0\u4eba\u8fd1\u671f\u63a5\u83b7\u660e\u786e\u5efa\u8bae\uff0c\u8981\u6c42\u63d0\u524d\u4ece\u4e2d\u56fd\u62c9\u8d27\uff0c\u5f62\u6210\u660e\u663e\u7684\u8282\u524d\u201c\u62a2\u8231\u201d\u73b0\u8c61\u3002<\/p>\n

\u4e0d\u8fc7\uff0c\u4eca\u5e74\u7684\u5f3a\u52b2\u5e74\u589e\u5e45\u4e5f\u53d7\u5230\u4f4e\u57fa\u671f\u6548\u5e94\u5f71\u54cd\u3002\u4eca\u5e74\u519c\u5386\u65b0\u5e74\u843d\u57282\u6708\u4e2d\u65ec\uff0c\u76f8\u8f832025\u5e74\u843d\u57281\u6708\u4e0b\u65ec\uff0c\u65f6\u95f4\u5dee\u4f7f\u5f97\u7edf\u8ba1\u6570\u5b57\u66f4\u663e\u4eae\u773c\u3002<\/p>\n

\u8282\u524d\u63d0\u524d\u51fa\u8d27\u63a8\u5347\u8fd0\u4ef7<\/p>\n

\u5c3d\u7ba1\u5982\u6b64\uff0c\u8282\u524d\u63d0\u524d\u51fa\u8d27\u7684\u8d8b\u52bf\uff0c\u4ecd\u5b9e\u8d28\u63a8\u5347\u4e86\u8fd0\u4ef7\u3002\u6839\u636e\u6c47\u4e30\u53d1\u5e03\u7684\u8d27\u8fd0\u76d1\u6d4b\u62a5\u544a\uff0c\u8861\u91cf\u4e0a\u6d77\u51fa\u53e3\u81f3\u5168\u7403\u4e3b\u8981\u822a\u7ebf\u8fd0\u4ef7\u7684\u4e0a\u6d77\u51fa\u53e3\u96c6\u88c5\u7bb1\u8fd0\u4ef7\u6307\u6570\uff08Shanghai Containerized Freight Index\uff09\uff0c\u4eca\u5e741\u6708\u521d\u4ecb\u4e8e1400\u81f31656\u70b9\u4e4b\u95f4\uff0c\u9ad8\u4e8e\u8fc7\u53bb15\u5e74\u5e73\u5747\u76841337\u81f31568\u533a\u95f4\u3002\u5206\u6790\u5458\u6307\u51fa\uff0c\u8fd0\u4ef7\u9ad8\u70b9\u6bd4\u5386\u53f2\u5b63\u8282\u6027\u89c4\u5f8b\u63d0\u65e93\u5468\u51fa\u73b0\uff0c\u663e\u793a\u4eca\u5e74\u8282\u524d\u62c9\u8d27\u65f6\u7a0b\u660e\u663e\u524d\u79fb\u3002<\/p>\n

\u5bf9\u7f8e\u56fd\u7684\u5927\u578b\u8d27\u67dc\u51fa\u8d27\u91cf\uff0c\u57281\u6708\u5927\u90e8\u4efd\u65f6\u95f4\u53ca2\u6708\u521d\uff0c\u4e5f\u666e\u904d\u9ad8\u4e8e2024\u4e0e2025\u5e74\u540c\u671f\u6c34\u5e73\u3002\u7a7a\u8fd0\u65b9\u9762\uff0c\u98de\u5f80\u7f8e\u56fd\u4e0e\u6b27\u6d32\u7684\u822a\u7ebf\u4ef7\u683c\u4ea6\u8f83\u53bb\u5e74\u540c\u671f\u4e0a\u5347\u3002\u6ce2\u7f57\u7684\u6d77\u4ea4\u6613\u6240\uff08Baltic Exchange\uff09\u53d1\u5e03\u7684\u4e0a\u6d77\u6d66\u4e1c\u51fa\u53e3\u6307\u6570\uff08Shanghai Pudong outbound index\uff09\uff0c\u5728\u622a\u81f32\u67082\u65e5\u5f53\u5468\u8f83\u524d1\u5468\u4e0a\u6da85.3%\u3002<\/p>\n

\u968f\u8457\u5173\u7a0e\u7d27\u5f20\u60c5\u52bf\u964d\u6e29\uff0c\u4f01\u4e1a\u4e5f\u91cd\u542f\u65b0\u4ea7\u54c1\u5f00\u53d1\u3002\u53bb\u5e7410\u6708\u7279\u4e60\u4f1a\u540e\uff0c\u5317\u4eac\u4e0e\u534e\u76db\u987f\u8fbe\u6210\u4e3a\u671f1\u5e74\u7684\u8d38\u6613\u4f11\u6218\u534f\u8bae\uff0c\u4f7f\u4e2d\u56fd\u51fa\u53e3\u81f3\u7f8e\u56fd\u7684\u5173\u7a0e\u7ef4\u6301\u5728\u8f83\u4f4e\u6c34\u5e73\u30022025\u5e74\u5927\u90e8\u4efd\u65f6\u95f4\uff0c\u4e2d\u56fd\u4e00\u5ea6\u51cf\u5c11\u5bf9\u7f8e\u76f4\u63a5\u51fa\u8d27\uff0c\u540c\u65f6\u52a0\u5927\u5bf9\u4e1c\u5357\u4e9a\u4e0e\u6b27\u6d32\u5e02\u573a\u7684\u51fa\u53e3\u529b\u5ea6\uff0c\u4ee5\u5206\u6563\u98ce\u9669\u3002<\/p>\n

\u4f01\u4e1a\u8ffd\u6c42\u975e\u5f7b\u5e95\u5207\u5272<\/p>\n

\u4f46\u4f9b\u5e94\u94fe\u91cd\u7ec4\u5e76\u672a\u6f14\u53d8\u4e3a\u5168\u9762\u201c\u8131\u94a9\u201d\u3002\u83b1\u9a6c\u8d6b\u6307\u51fa\uff0c\u8bb8\u591a\u8de8\u56fd\u4f01\u4e1a\u6b63\u52a0\u901f\u63a8\u52a8\u201c\u4e2d\u56fd\u52a0\u4e00\u201d\uff08China-plus-one\uff09\u7b56\u7565\uff0c\u5728\u4e1c\u5357\u4e9a\u5bfb\u627e\u66ff\u4ee3\u4ea7\u80fd\uff0c\u5e76\u5728\u58a8\u897f\u54e5\u4e0e\u90e8\u4efd\u6b27\u6d32\u5e02\u573a\u63a8\u52a8\u8fd1\u5cb8\u5916\u5305\uff08near-shoring\uff09\uff0c\u4f46\u4ecd\u5728\u4e2d\u56fd\u4fdd\u7559\u76f8\u5f53\u89c4\u6a21\u7684\u751f\u4ea7\u4e0e\u91c7\u8d2d\u5e03\u5c40\u3002\u6362\u8a00\u4e4b\uff0c\u4f01\u4e1a\u8ffd\u6c42\u7684\u662f\u201c\u53bb\u98ce\u9669\u5316\u201d\uff08de-risking\uff09\uff0c\u800c\u975e\u5f7b\u5e95\u5207\u5272\u3002<\/p>\n

\u4e0a\u6d77\u5546\u4e1a\u987e\u95ee\u516c\u53f8Tidalwave Solutions\u8d44\u6df1\u5408\u4f19\u4eba\u5f3a\u68ee\uff08Cameron Johnson\uff09\u5728\u8d70\u8bbf\u534e\u5357\u591a\u5bb6\u5de5\u5382\u540e\u5411\u300aCNBC\u300b\u8868\u793a\uff0c\u8fd1\u671f\u6765\u81ea\u5168\u7403\u5404\u5730\u7684\u5ba2\u6237\u9891\u7e41\u9020\u8bbf\u4ea7\u7ebf\uff0c\u4e3a\u4e0b\u4e00\u8f6e\u751f\u4ea7\u5468\u671f\u4e0b\u5355\u3002\u5357\u4e2d\u56fd\u7684\u6c7d\u8f66\u3001\u6d88\u8d39\u54c1\u4e0e\u8fd0\u52a8\u7528\u54c1\u5236\u9020\u5546\u201c\u76f8\u5f53\u5fd9\u788c\u201d\uff0c\u4e00\u65b9\u9762\u6d88\u5316\u79ef\u538b\u8ba2\u5355\uff0c\u4e00\u65b9\u9762\u56de\u5e94\u5305\u62ec\u7f8e\u56fd\u4e70\u5bb6\u5728\u5185\u7684\u8be2\u4ef7\u9700\u6c42\u3002<\/p>\n

\u56de\u987e\u8fc7\u53bb1\u5e74\uff0c\u7279\u6717\u666e\u5927\u89c4\u6a21\u52a0\u5f81\u5173\u7a0e\u66fe\u5f15\u53d1\u4e00\u6ce2\u6050\u614c\u6027\u62a2\u8d2d\u4e0e\u7a81\u5982\u5176\u6765\u7684\u8ba2\u5355\u51bb\u7ed3\uff0c\u4f01\u4e1a\u5728\u4e0d\u786e\u5b9a\u6027\u4e2d\u53cd\u590d\u8c03\u6574\u51fa\u8d27\u8282\u594f\uff0c\u4eff\u4f5b\u8e29\u8457\u6cb9\u95e8\u4e0e\u715e\u8f66\u4ea4\u66ff\u524d\u884c\u3002\u5f3a\u68ee\u5f62\u5bb9\uff0c\u4f01\u4e1a\u4e3b\u201c\u5c3d\u53ef\u80fd\u7b49\u5f85\u4e0d\u786e\u5b9a\u6027\u6d88\u9000\uff0c\u4f46\u73b0\u5728\u4ed6\u4eec\u5fc5\u987b\u601d\u8003\u5982\u4f55\u7ee7\u7eed\u5411\u524d\u3002\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

\uff08\u534e\u76db\u987f\u3001\u5317\u4eac13\u65e5\u8baf\uff091\u5e74\u524d\uff0c\u7f8e\u56fd\u603b\u7edf\u7279\u6717\u666e\u752b\u4e0a\u4efb\u540e\u6325\u821e\u5173\u7a0e\u5927\u68d2\uff0c\u8ba9\u51fa\u53e3\u5546\u4e0e\u6d77\u5916\u4e70\u5bb6\u4e00\u5ea6\u4eba\u5fc3\u60f6\u60f6\uff1b\u7136\u800c\u65f6\u96941\u5e74\uff0c\u5728\u519c\u5386\u65b0\u5e74\u524d\u5915\uff0c\u4e2d\u56fd\u5404\u5730\u7684\u5de5\u5382\u4e0e\u6e2f\u53e3\u4f9d\u7136\u706f\u706b\u901a\u660e\u3001\u673a\u5668\u8f70\u9e23\uff0c\u51fa\u8d27\u70ed\u6f6e\u751a\u81f3\u628a\u8fd0\u4ef7\u63a8\u5411\u9ad8\u70b9\u3002 \u636e\u7f8e\u56fd\u8d22\u7ecf\u5a92\u4f53\u300aCNBC\u300b\u62a5\u5bfc\uff0c\u6bcf\u9022\u519c\u5386\u65b0\u5e74\u524d\uff0c\u4e2d\u56fd\u5236\u9020\u4e1a\u901a\u5e38\u4f1a\u8fce\u6765\u4e00\u6ce2\u5b63\u8282\u6027\u9ad8\u5cf0\u3002\u4f01\u4e1a\u4e3a\u4e86\u8d76\u5728\u957f\u5047\u505c\u5de5\u524d\u5b8c\u6210\u8ba2\u5355\u3001\u5c06\u8d27\u7269\u88c5\u8239\u51fa\u6e2f\uff0c\u5f80\u5f80\u5168\u7ebf\u52a0\u73ed\u3002\u4eca\u5e74\u7684\u8282\u524d\u8d76\u5de5\u6f6e\uff0c\u770b\u8d77\u6765\u4e1d\u6beb\u672a\u53d7\u7279\u6717\u666e\u5173\u7a0e\u9634\u5f71\u7684\u524a\u5f31\u3002 \u4f4d\u4e8e\u5e7f\u4e1c\u7684\u7535\u5b50\u5236\u9020\u5546\u2014\u2014Agilian Technology\u521b\u529e\u4eba\u517c\u9996\u5e2d\u6267\u884c\u5458\u5b89\u4f50\u5170\uff08Renaud Anjoran\uff09\u8868\u793a\uff0c\u5728\u7ecf\u53861\u5e74\u53cd\u590d\u51fa\u73b0\u3001\u65f6\u800c\u7d27\u7f29\u65f6\u800c\u677e\u7ed1\u7684\u5173\u7a0e\u5a01\u80c1\u540e\uff0c\u5de5\u5382\u76ee\u524d\u51e0\u4e4e\u6ee1\u8f7d\u8fd0\u8f6c\uff0c\u201c\u6211\u4eec\u975e\u5e38\u5fd9\u788c\u3002\u201d \u5173\u7a0e\u4eff\u4f5b\u4e0d\u5b58\u5728 \u4ed6\u5f62\u5bb9\uff0c\u773c\u4e0b\u7684\u60c5\u51b5\u4eff\u4f5b\u5173\u7a0e\u4e0d\u5b58\u5728\u4e00\u822c\uff0c\u7f8e\u56fd\u5ba2\u6237\u5e76\u672a\u79ef\u6781\u5bfb\u627e\u66ff\u4ee3\u4ea7\u5730\uff0c\u201c\u53c8\u56de\u5230\u90a3\u79cd\u597d\u50cf\u6ca1\u6709\u5173\u7a0e\u7684\u72b6\u6001\uff0c\u7f8e\u56fd\u5ba2\u6237\u5e76\u6ca1\u6709\u8003\u8651\u6539\u5411\u5176\u4ed6\u5730\u65b9\u91c7\u8d2d\u3002\u201d\u4ed6\u4e5f\u900f\u9732\uff0c\u90e8\u4efd\u5ba2\u6237\u4e3a\u4e86\u8d76\u5728\u5047\u671f\u524d\u5b8c\u6210\u751f\u4ea7\u4e0e\u51fa\u8d27\uff0c\u4e0d\u5f97\u4e0d\u627f\u62c5\u989d\u5916\u6210\u672c\u3002 \u5b89\u4f50\u5170\u8868\u793a\uff0c\u5728\u4e1c\u839e\u7684\u5de5\u5382\u6709\u8d85\u8fc7\u4e00\u534a\u4ea7\u54c1\u9500\u5f80\u7f8e\u56fd\uff0c\u51fa\u53e3\u89c4\u6a21\u7ef4\u6301\u5728\u53bb\u5e74\u7279\u6717\u666e\u52a0\u5f81\u5173\u7a0e\u524d\u7684\u6c34\u5e73\u3002\u4e13\u95e8\u8ffd\u8e2a\u4e2d\u56fd\u7ecf\u6d4e\u52a8\u6001\u7684\u7814\u7a76\u673a\u6784\u2014\u2014\u4e2d\u56fd\u8910\u76ae\u4e66\u56fd\u9645\u516c\u53f8\uff08China Beige Book International\uff09\u6307\u51fa\uff0c\u5de5\u5382\u5728\u519c\u5386\u5e74\u524d\u7684\u8ba2\u5355\u3001\u4ea7\u91cf\u4e0e\u83b7\u5229\u5747\u51fa\u73b0\u660e\u663e\u8df3\u5347\u3002 \u5185\u9700\u4e0e\u51fa\u53e3\u52a0\u901f\u589e\u957f \u8be5\u673a\u6784\u4f30\u8ba1\uff0c\u4eca\u5e741\u6708\u5de5\u4e1a\u4ea7\u51fa\u8f83\u53bb\u5e74\u540c\u671f\u663e\u8457\u6210\u957f\uff0c\u65e0\u8bba\u5185\u9700\u6216\u51fa\u53e3\u8ba2\u5355\uff0c\u7686\u5448\u73b0\u5e74\u589e\u4e0e\u6708\u589e\u53cc\u53cc\u52a0\u901f\u7684\u6001\u52bf\u30021\u81f32\u6708\u7684\u5b98\u65b9\u4ea7\u51fa\u6570\u636e\u9884\u8ba1\u5c06\u4e8e3\u6708\u516c\u5e03\u3002 \u6e2f\u53e3\u6570\u636e\u4ea6\u5370\u8bc1\u4e86\u8fd9\u80a1\u70ed\u5ea6\u3002\u6c47\u4e30\u94f6\u884c\uff08HSBC Bank\uff09\u7684\u8fd0\u8f93\u4e0e\u7269\u6d41\u5206\u6790\u56e2\u961f\u6307\u51fa\uff0c\u622a\u81f32\u67081\u65e5\u5f53\u5468\uff0c\u4e2d\u56fd\u4e3b\u8981\u6e2f\u53e3\u5904\u7406\u7684\u8d27\u67dc\u91cf\u8f83\u53bb\u5e74\u540c\u671f\u66b4\u589e40%\uff0c\u521b\u4e0b\u903e12\u4e2a\u6708\u6765\u6700\u5feb\u7684\u5e74\u589e\u901f\uff0c\u4e5f\u8fdc\u9ad8\u4e8e2025\u5e74\u5e73\u5747\u7ea610%\u7684\u5468\u589e\u5e45\u3002 \u4ee5\u4e2d\u56fd\u91cd\u8981\u6d77\u8fd0\u67a2\u7ebd\u5b81\u6ce2\u4e3a\u4f8b\uff0c\u5b81\u6ce2\u4e2d\u56fd\u4f9b\u5e94\u94fe\u521b\u65b0\u5b66\u9662\u9662\u957f\u90ed\u6770\u7fa4\u8868\u793a\uff0c\u7801\u5934\u51e0\u4e4e\u8d85\u8d1f\u8377\u8fd0\u8f6c\uff0c\u4e2a\u522b\u8239\u8236\u8d85\u8ba2\u8231\u4f4d\u8d85\u8fc720%\uff0c\u90e8\u4efd\u65f6\u6bb5\u751a\u81f3\u6682\u505c\u8d27\u67dc\u8fdb\u573a\u3002 \u8fd0\u8f93\u538b\u529b\u4e5f\u8fc5\u901f\u53cd\u6620\u5728\u6210\u672c\u4e0a\u3002\u90ed\u6770\u7fa4\u6307\u51fa\uff0c\u4e25\u91cd\u7684\u4ea4\u901a\u58c5\u585e\u5df2\u5c06\u5361\u8f66\u8fd0\u4ef7\u63a8\u9ad880%\u3002\u968f\u8457\u591a\u6570\u5de5\u5382\u4e0e\u8d27\u4ee3\u4e1a\u8005\u81ea\u5468\u4e94\uff0813\u65e5\uff09\u8d77\u9646\u7eed\u505c\u5de5\uff0c\u4e0b\u5468\u56db\uff0819\u65e5\uff09\u624d\u6062\u590d\u8425\u8fd0\uff0c\u8282\u524d\u6700\u540e\u4e00\u6ce2\u51fa\u8d27\u6f6e\u66f4\u663e\u6025\u8feb\u3002 \u5168\u7403\u4f9b\u5e94\u94fe\u4e0e\u7269\u6d41\u4e13\u5bb6\u83b1\u9a6c\u8d6b\uff08Wolfgang Lehmacher\uff09\u4ea6\u8868\u793a\uff0c\u6b27\u6d32\u3001\u5317\u7f8e\u4e0e\u4e9a\u6d32\u7684\u6258\u8fd0\u4eba\u8fd1\u671f\u63a5\u83b7\u660e\u786e\u5efa\u8bae\uff0c\u8981\u6c42\u63d0\u524d\u4ece\u4e2d\u56fd\u62c9\u8d27\uff0c\u5f62\u6210\u660e\u663e\u7684\u8282\u524d\u201c\u62a2\u8231\u201d\u73b0\u8c61\u3002 \u4e0d\u8fc7\uff0c\u4eca\u5e74\u7684\u5f3a\u52b2\u5e74\u589e\u5e45\u4e5f\u53d7\u5230\u4f4e\u57fa\u671f\u6548\u5e94\u5f71\u54cd\u3002\u4eca\u5e74\u519c\u5386\u65b0\u5e74\u843d\u57282\u6708\u4e2d\u65ec\uff0c\u76f8\u8f832025\u5e74\u843d\u57281\u6708\u4e0b\u65ec\uff0c\u65f6\u95f4\u5dee\u4f7f\u5f97\u7edf\u8ba1\u6570\u5b57\u66f4\u663e\u4eae\u773c\u3002 \u8282\u524d\u63d0\u524d\u51fa\u8d27\u63a8\u5347\u8fd0\u4ef7 \u5c3d\u7ba1\u5982\u6b64\uff0c\u8282\u524d\u63d0\u524d\u51fa\u8d27\u7684\u8d8b\u52bf\uff0c\u4ecd\u5b9e\u8d28\u63a8\u5347\u4e86\u8fd0\u4ef7\u3002\u6839\u636e\u6c47\u4e30\u53d1\u5e03\u7684\u8d27\u8fd0\u76d1\u6d4b\u62a5\u544a\uff0c\u8861\u91cf\u4e0a\u6d77\u51fa\u53e3\u81f3\u5168\u7403\u4e3b\u8981\u822a\u7ebf\u8fd0\u4ef7\u7684\u4e0a\u6d77\u51fa\u53e3\u96c6\u88c5\u7bb1\u8fd0\u4ef7\u6307\u6570\uff08Shanghai Containerized Freight Index\uff09\uff0c\u4eca\u5e741\u6708\u521d\u4ecb\u4e8e1400\u81f31656\u70b9\u4e4b\u95f4\uff0c\u9ad8\u4e8e\u8fc7\u53bb15\u5e74\u5e73\u5747\u76841337\u81f31568\u533a\u95f4\u3002\u5206\u6790\u5458\u6307\u51fa\uff0c\u8fd0\u4ef7\u9ad8\u70b9\u6bd4\u5386\u53f2\u5b63\u8282\u6027\u89c4\u5f8b\u63d0\u65e93\u5468\u51fa\u73b0\uff0c\u663e\u793a\u4eca\u5e74\u8282\u524d\u62c9\u8d27\u65f6\u7a0b\u660e\u663e\u524d\u79fb\u3002 \u5bf9\u7f8e\u56fd\u7684\u5927\u578b\u8d27\u67dc\u51fa\u8d27\u91cf\uff0c\u57281\u6708\u5927\u90e8\u4efd\u65f6\u95f4\u53ca2\u6708\u521d\uff0c\u4e5f\u666e\u904d\u9ad8\u4e8e2024\u4e0e2025\u5e74\u540c\u671f\u6c34\u5e73\u3002\u7a7a\u8fd0\u65b9\u9762\uff0c\u98de\u5f80\u7f8e\u56fd\u4e0e\u6b27\u6d32\u7684\u822a\u7ebf\u4ef7\u683c\u4ea6\u8f83\u53bb\u5e74\u540c\u671f\u4e0a\u5347\u3002\u6ce2\u7f57\u7684\u6d77\u4ea4\u6613\u6240\uff08Baltic Exchange\uff09\u53d1\u5e03\u7684\u4e0a\u6d77\u6d66\u4e1c\u51fa\u53e3\u6307\u6570\uff08Shanghai Pudong outbound index\uff09\uff0c\u5728\u622a\u81f32\u67082\u65e5\u5f53\u5468\u8f83\u524d1\u5468\u4e0a\u6da85.3%\u3002 \u968f\u8457\u5173\u7a0e\u7d27\u5f20\u60c5\u52bf\u964d\u6e29\uff0c\u4f01\u4e1a\u4e5f\u91cd\u542f\u65b0\u4ea7\u54c1\u5f00\u53d1\u3002\u53bb\u5e7410\u6708\u7279\u4e60\u4f1a\u540e\uff0c\u5317\u4eac\u4e0e\u534e\u76db\u987f\u8fbe\u6210\u4e3a\u671f1\u5e74\u7684\u8d38\u6613\u4f11\u6218\u534f\u8bae\uff0c\u4f7f\u4e2d\u56fd\u51fa\u53e3\u81f3\u7f8e\u56fd\u7684\u5173\u7a0e\u7ef4\u6301\u5728\u8f83\u4f4e\u6c34\u5e73\u30022025\u5e74\u5927\u90e8\u4efd\u65f6\u95f4\uff0c\u4e2d\u56fd\u4e00\u5ea6\u51cf\u5c11\u5bf9\u7f8e\u76f4\u63a5\u51fa\u8d27\uff0c\u540c\u65f6\u52a0\u5927\u5bf9\u4e1c\u5357\u4e9a\u4e0e\u6b27\u6d32\u5e02\u573a\u7684\u51fa\u53e3\u529b\u5ea6\uff0c\u4ee5\u5206\u6563\u98ce\u9669\u3002 \u4f01\u4e1a\u8ffd\u6c42\u975e\u5f7b\u5e95\u5207\u5272 \u4f46\u4f9b\u5e94\u94fe\u91cd\u7ec4\u5e76\u672a\u6f14\u53d8\u4e3a\u5168\u9762\u201c\u8131\u94a9\u201d\u3002\u83b1\u9a6c\u8d6b\u6307\u51fa\uff0c\u8bb8\u591a\u8de8\u56fd\u4f01\u4e1a\u6b63\u52a0\u901f\u63a8\u52a8\u201c\u4e2d\u56fd\u52a0\u4e00\u201d\uff08China-plus-one\uff09\u7b56\u7565\uff0c\u5728\u4e1c\u5357\u4e9a\u5bfb\u627e\u66ff\u4ee3\u4ea7\u80fd\uff0c\u5e76\u5728\u58a8\u897f\u54e5\u4e0e\u90e8\u4efd\u6b27\u6d32\u5e02\u573a\u63a8\u52a8\u8fd1\u5cb8\u5916\u5305\uff08near-shoring\uff09\uff0c\u4f46\u4ecd\u5728\u4e2d\u56fd\u4fdd\u7559\u76f8\u5f53\u89c4\u6a21\u7684\u751f\u4ea7\u4e0e\u91c7\u8d2d\u5e03\u5c40\u3002\u6362\u8a00\u4e4b\uff0c\u4f01\u4e1a\u8ffd\u6c42\u7684\u662f\u201c\u53bb\u98ce\u9669\u5316\u201d\uff08de-risking\uff09\uff0c\u800c\u975e\u5f7b\u5e95\u5207\u5272\u3002 \u4e0a\u6d77\u5546\u4e1a\u987e\u95ee\u516c\u53f8Tidalwave Solutions\u8d44\u6df1\u5408\u4f19\u4eba\u5f3a\u68ee\uff08Cameron Johnson\uff09\u5728\u8d70\u8bbf\u534e\u5357\u591a\u5bb6\u5de5\u5382\u540e\u5411\u300aCNBC\u300b\u8868\u793a\uff0c\u8fd1\u671f\u6765\u81ea\u5168\u7403\u5404\u5730\u7684\u5ba2\u6237\u9891\u7e41\u9020\u8bbf\u4ea7\u7ebf\uff0c\u4e3a\u4e0b\u4e00\u8f6e\u751f\u4ea7\u5468\u671f\u4e0b\u5355\u3002\u5357\u4e2d\u56fd\u7684\u6c7d\u8f66\u3001\u6d88\u8d39\u54c1\u4e0e\u8fd0\u52a8\u7528\u54c1\u5236\u9020\u5546\u201c\u76f8\u5f53\u5fd9\u788c\u201d\uff0c\u4e00\u65b9\u9762\u6d88\u5316\u79ef\u538b\u8ba2\u5355\uff0c\u4e00\u65b9\u9762\u56de\u5e94\u5305\u62ec\u7f8e\u56fd\u4e70\u5bb6\u5728\u5185\u7684\u8be2\u4ef7\u9700\u6c42\u3002 \u56de\u987e\u8fc7\u53bb1\u5e74\uff0c\u7279\u6717\u666e\u5927\u89c4\u6a21\u52a0\u5f81\u5173\u7a0e\u66fe\u5f15\u53d1\u4e00\u6ce2\u6050\u614c\u6027\u62a2\u8d2d\u4e0e\u7a81\u5982\u5176\u6765\u7684\u8ba2\u5355\u51bb\u7ed3\uff0c\u4f01\u4e1a\u5728\u4e0d\u786e\u5b9a\u6027\u4e2d\u53cd\u590d\u8c03\u6574\u51fa\u8d27\u8282\u594f\uff0c\u4eff\u4f5b\u8e29\u8457\u6cb9\u95e8\u4e0e\u715e\u8f66\u4ea4\u66ff\u524d\u884c\u3002\u5f3a\u68ee\u5f62\u5bb9\uff0c\u4f01\u4e1a\u4e3b\u201c\u5c3d\u53ef\u80fd\u7b49\u5f85\u4e0d\u786e\u5b9a\u6027\u6d88\u9000\uff0c\u4f46\u73b0\u5728\u4ed6\u4eec\u5fc5\u987b\u601d\u8003\u5982\u4f55\u7ee7\u7eed\u5411\u524d\u3002\u201d<\/p>\n","protected":false},"author":1,"featured_media":46083,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-46084","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-8"],"_links":{"self":[{"href":"https:\/\/api.ngakorming.com\/index.php\/wp-json\/wp\/v2\/posts\/46084","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/api.ngakorming.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/api.ngakorming.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/api.ngakorming.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/api.ngakorming.com\/index.php\/wp-json\/wp\/v2\/comments?post=46084"}],"version-history":[{"count":0,"href":"https:\/\/api.ngakorming.com\/index.php\/wp-json\/wp\/v2\/posts\/46084\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/api.ngakorming.com\/index.php\/wp-json\/wp\/v2\/media\/46083"}],"wp:attachment":[{"href":"https:\/\/api.ngakorming.com\/index.php\/wp-json\/wp\/v2\/media?parent=46084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/api.ngakorming.com\/index.php\/wp-json\/wp\/v2\/categories?post=46084"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/api.ngakorming.com\/index.php\/wp-json\/wp\/v2\/tags?post=46084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}