PMI显著上升显示经济企稳

67 31 䇋ࡵᖙ䯙䇏ℷ᭛Пৢⱘܡ䋷ᴵℒ䚼ߚ ЁЁֵ䆕ࠌⷨお䚼�ᅣ㾖㒘� 䇌ᓎ㢇� ⬉䆱˖010-84588756 䚂ӊ˖zhujf@citics.com ᠻϮ䆕к㓪ো˖S1010207100114 ᄭ〇ᄬ� ⬉䆱˖010-84588015 䚂ӊ˖sunwc@citics.com ᠻϮ䆕к㓪ো˖S1010210010244 џ乍˖� 2010ᑈ 10᳜ 1᮹ Ёˈ೑⠽⌕Ϣ䞛䌁㘨ড়Ӯ˄ CFLP˅݀ Ꮧ 9᳜ PMIЎ 53.8ˁ ↨ˈϞ᳜催ߎ 2.1Ͼⱒߚ⚍ˈ 䖲㓁 19Ͼ᳜〇ᅮ೼ 50%ҹϞDŽ 䆘䆎˖� � 㒣⌢๲䭓ӕ〇 9᳜Ё೑ࠊ䗴Ϯ䞛䌁㒣⧚Ҏᣛ᭄ PMIЎ 53.8% ↨ˈ 8᳜Ϟछ 2.1Ͼⱒߚ⚍ 䖲ˈ㓁 19Ͼ᳜〇ᅮ೼ 50%ҹϞDŽ Ң PMIग़৆᭄᥂ⳟ ग़ˈᑈ 9᳜ӑ PMI᭄᥂໘ѢⳌᇍ䕗催∈ᑇ˄ ᑇഛؐЎ 54.7%˅ˈ㗠Ϩ䕗 8᳜ӑᑇഛ催ߎ 2.34 Ͼⱒߚ⚍DŽࠨ䰸ᄷ㡖ᗻ಴㋴ˈ9᳜ PMIᣛ᭄⬹催Ѣग़৆ᑇഛؐDŽ9᳜∛Є PMIᣛ᭄ 52.9%ˈ㞾 7᳜ᣛ᭄ԢѢ 50%Ј⬠ؐৢ䖲㓁 2Ͼ᳜䗤᳜ᦤछˈᑊ߯ 5Ͼ᳜ᴹ᳔催ؐDŽPMIᣛ᭄ᰒ㨫ᦤछড᯴ࠊ䗴Ϯ⢊މད䕀ˈ㒣⌢๲ 䭓ӕ〇DŽ ೒ 1˖PMI᱃⇨ᣛ᭄ᰒ㨫ಲछ ˄%˅ 35 40 45 50 55 60 65 08 -01 08 -03 08 -05 08 -07 08 -09 08 -11 09 -01 09 -03 09 -05 09 -07 09 -09 09 -11 10 -01 10 -03 10 -05 10 -07 10 -09 10 -11 -8 -6 -4 -2 0 2 4 6PMIᣛ᭄ PMIবࡼ(ে) 䌘᭭ᴹ⑤˖Ё䞛੼䆶ˈЁֵ䆕ࠌⷨお䚼 PMIᰒ㨫Ϟछᰒ⼎㒣⌢ӕ〇 2010ᑈ 9᳜ PMI᭄᥂⚍䆘 2010ᑈ 10᳜ 8᮹ ⷨお᡹ਞgᅣ㾖ⷨおg᭄᥂⚍䆘 2010ᑈ 9᳜ PMI᭄᥂⚍䆘 䇋ࡵᖙ䯙䇏ℷ᭛Пৢⱘܡ䋷ᴵℒ䚼ߚ 2010ᑈ 10᳜ 8᮹ 2 ೒ 2˖PMIϞछ᳝ϔᅮⱘᄷ㡖಴㋴˄%˅ 2.5 3.9 2.1 2.8 0.3 2.1 (4) (2) 0 2 4 6 2005 2006 2007 2008 2009 2010 7᳜䕗6᳜ 8᳜䕗7᳜ 9᳜䕗8᳜ 䌘᭭ᴹ⑤˖Wind Ёֵ䆕ࠌⷨお䚼 48 50 52 54 56 58 1᳜ 2᳜ 3᳜ 4᳜ 5᳜ 6᳜ 7᳜ 8᳜ 9᳜ 2010ᑈ 2005-2009ᑈഛؐ Ң PMIߚ乍ᣛ᭄ⳟˈ11Ͼߚ乍ᣛ᭄Ёᣛ᭄ਜ⦄Ϟछⱘ↨՟䖯ϔℹ๲໮ˈ9Ͼᣛ᭄ਜ⦄⦃↨๲䭓DŽ݊Ёˈ ҢϮҎਬǃॳᴤ᭭ᑧᄬǃ䞛䌁䞣੠䖯ষᣛ᭄⬅䰡䕀छ˗⫳ѻᣛ᭄ǃᮄ䅶ऩᣛ᭄ǃ䞛䌁䞣ǃ䌁䖯ӋḐᣛ᭄ǃ䖯 ষᣛ᭄ᯢᰒϞछˈछᐙ䍙䖛 3Ͼⱒߚ⚍ˈᇸ݊ҹ䌁䖯ӋḐᣛ᭄छᐙ᳔໻ˈ䖒 4.8Ͼⱒߚ⚍ˈ䌁䖯ӋḐᣛ᭄छ 㟇 65.3%DŽѻ៤કᑧᄬᣛ᭄㒻㓁ϟ䰡ˈ䰡ᐙᬊじ㟇 1.9Ͼⱒߚ⚍˗կᑨଚ䜡䗕ᯊ䯈ᣛ᭄ϟ䰡 0.3Ͼⱒߚ⚍DŽ � ᮄ䅶ऩᣛ᭄ᣕ㓁〇ℹᦤछ Ңᮄ䅶ऩǃߎষ䅶ऩ੠⿃य़䅶ऩᣛ᭄ⳟ 9ˈ᳜⦃↨ߚ߿Ϟछ 3.2Ͼⱒߚ⚍ǃ0.6Ͼⱒߚ⚍੠ 2.7Ͼⱒߚ⚍ˈ ᮄ䅶ऩ੠⿃य़䅶ऩᣛ᭄ⱘ⦃↨⍼ᐙ䍙䖛 8 ᳜∈ᑇ˄2.2 ⱒߚ⚍੠ 1.4 Ͼⱒߚ⚍ DŽ˅䖯ষᣛ᭄⬅ 48.4%Ϟछ㟇 52.9%ˈ⦃↨Ϟछ 4.5 Ͼⱒߚ⚍DŽ䅶ऩᣛ᭄੠䖯ষ⦃↨ᦤछড᯴Ꮦഎ䳔∖ಲछˈᇸ݊ᰃ೑ݙ䳔∖䕀ᔎ᳈ࡴᰒ 㨫DŽߎষ䅶ऩᣛ᭄⦃↨⍼ᐙԢѢग़৆ৠᳳᑇഛؐˈড᯴ߎষ䳔∖ҡ䴶Ј䕗໻ⱘय़࡯DŽ ߚ㸠Ϯⳟᮄ䅶ऩᣛ᭄ˈ20Ͼ㸠ϮЁ᳝ 16Ͼ㸠Ϯ催Ѣ 50%DŽҢѻક㉏ൟⳟˈॳᴤ᭭Ϣ㛑⑤㉏ӕϮ᳔Ԣˈ Ў 51.1%˗Ё䯈કǃ⫳⌏⍜䌍ક੠⫳ѻ⫼ࠊ៤ક㉏ӕϮ෎ᴀϞഛ催Ѣ 55%˗ᇸ݊ҹ⫳⌏⍜䌍ક㉏ӕϮ᳔催ˈ ᥹䖥 60%DŽѸ䗮䖤䕧䆒໛ࠊ䗴Ϯǃ䗮⫼䆒໛ࠊ䗴Ϯǃݰࡃ亳કࡴᎹঞ亳કࠊ䗴Ϯǃ࣪㑸ࠊ䗴Ϯঞ‵㛊ล᭭ࠊ કϮㄝ 7Ͼ㸠Ϯ䖒ࠄ 60%ҹϞDŽҢ䖯ষᣛ᭄ⳟˈ20Ͼ㸠ϮЁ 14Ͼ㸠Ϯ催Ѣ 50%ˈ⬉⇨ᴎẄঞ఼ᴤࠊ䗴Ϯǃ Ѹ䗮䖤䕧䆒໛ࠊ䗴Ϯǃϧ⫼䆒໛ࠊ䗴Ϯㄝ催ᮄᡔᴃ㸠Ϯ᥹䖥 60%DŽ ೒ 3˖ҹ⫳⌏⍜䌍ક੠ᴎ⬉ѻકㄝЎЏⱘ㸠Ϯᮄ䅶ऩ๲䗳䕗ᖿ ˄ᣝ✻๲ᐙ⬅໻ࠄᇣ乎ᑣᥦ߫˅ ˄%˅ -30 -20 -10 0 10 20 ࣪ 㑸 ࠊ 䗴 ঞ ‵ 㛊 ล ᭭ ࠊ ક Ϯ ए 㥃 ࠊ 䗴 Ϯ Ѹ 䗮 䖤 䕧 䆒 ໛ ࠊ 䗴 Ϯ 䗮 ⫼ 䆒 ໛ ࠊ 䗴 Ϯ 㒎 㒛 Ϯ ⚳ 㤝 ࠊ ક Ϯ ᳡ 㺙 䵟 ᐑ ࠊ 䗴 ঞ Ⲃ ↯ 㖑 㒦 ࠊ ક Ϯ 亳 ક ࡴ Ꮉ ঞ ࠊ 䗴 Ϯ ࣪ ᄺ ॳ ᭭ ঞ ࣪ ᄺ ࠊ ક ࠊ 䗴 Ϯ ϧ ⫼ 䆒 ໛ ࠊ 䗴 Ϯ 䗴 㒌 ॄ ࠋ ঞ ᭛ ᬭ ԧ 㚆 ⫼ ક ࠊ 䗴 Ϯ 䴲 䞥 ሲ ⷓ ⠽ ࠊ ક Ϯ 䗮 ֵ 䆒 ໛ 䅵 ㅫ ᴎ ঞ ݊ Ҫ ⬉ ᄤ 䆒 ໛ ࠊ 䗴 Ϯ ⬉ ⇨ ᴎ Ẅ ঞ ఼ ᴤ ࠊ 䗴 Ϯ 佂 ᭭ ࠊ 䗴 Ϯ 咥 㡆 䞥 ሲ ފ ⚐ ঞ य़ ᓊ ࡴ Ꮉ Ϯ ᳝ 㡆 䞥 ሲ ފ ⚐ ঞ य़ ᓊ ࡴ Ꮉ Ϯ ᳼ ᴤ ࡴ Ꮉ ঞ ᆊ ݋ ࠊ 䗴 Ϯ 䞥 ሲ ࠊ ક Ϯ ⷇ ⊍ ࡴ Ꮉ ঞ ⚐ ⛺ Ϯ ᮄ䅶ऩ(⦃↨ؐ) 䌘᭭ᴹ⑤˖Ё䞛੼䆶ˈЁֵ䆕ࠌⷨお䚼 2010ᑈ 9᳜ PMI᭄᥂⚍䆘 䇋ࡵᖙ䯙䇏ℷ᭛Пৢⱘܡ䋷ᴵℒ䚼ߚ 2010ᑈ 10᳜ 8᮹ 3 ߚ㸠Ϯⳟߎষ䅶ऩᣛ᭄ 2ˈ0Ͼ㸠ϮЁ᳝ 14Ͼ㸠Ϯ催Ѣ 50% 1ˈ0Ͼ㸠Ϯⱘߎষ䅶ऩᣛ᭄⦃↨ϞछDŽ݊ Ёˈ Ѹ䗮䖤䕧䆒໛ࠊ䗴Ϯǃ䗮ֵ䆒໛䅵ㅫᴎঞ݊Ҫ⬉ᄤ䆒໛ࠊ䗴Ϯǃ䗮⫼䆒໛ࠊ䗴Ϯǃ佂᭭ࠊ䗴Ϯㄝ㸠Ϯߎষ䅶 ऩᣛ᭄᥹䖥 60%DŽ䞥ሲࠊકϮǃ᳼ᴤࡴᎹᴎᆊ݋ࠊ䗴Ϯǃϧ⫼䆒໛ࠊ䗴Ϯㄝ㸠Ϯߎষᣛ᭄⦃↨䰡ᐙ䕗໻ˈ䍙 䖛 10 Ͼⱒߚ⚍˗᳡㺙䵟ᐑࠊ䗴ঞⲂ↯㖑㒦ࠊકϮǃѸ䗮䖤䕧䆒໛ࠊ䗴Ϯǃ䗮⫼䆒໛ࠊ䗴Ϯㄝ㸠Ϯߎষ䅶ऩ ᣛ᭄⦃↨⍼ᐙሙࠡDŽ䖭ড᯴Ѹ䗮䖤䕧䆒໛ࠊ䗴Ϯǃ䗮⫼䆒໛ࠊ䗴Ϯㄝ㸠Ϯߎষ᳝ᳯ䖯ϔℹ໡㢣DŽ ೒ 4˖9᳜ߎষ䅶ऩᣛ᭄⦃↨⍼ᐙԢѢग़৆ᑇഛؐ ˄%˅ -4 -2 0 2 4 6 8 10 12 1᳜ 2᳜ 3᳜ 4᳜ 5᳜ 6᳜ 7᳜ 8᳜ 9᳜ 10 ᳜ 11 ᳜ 12 ᳜ 2009ᑈ 2005-2009ᑈᑇഛؐ 2010ᑈ 䌘᭭ᴹ⑤˖Ёᔽ੼䆶 Ёֵ䆕ࠌⷨお䚼 ೒ 5 P˖MIߎষ䅶ऩᣛ᭄乘⼎໪䚼䳔∖ϡ⹂ᅮᗻϞछ˄ %˅ 25 35 45 55 65 75 05 06 07 08 09 10 (40) (20) 0 20 40 60 PMI:ᮄߎষ䅶ऩ ߎষ䞥乱:ᔧ᳜ৠ↨˄ে˅ 䌘᭭ᴹ⑤˖WindЁֵ䆕ࠌⷨお䚼 � 㸹ᑧᄬ៪ᇚ៤Ўᬃᩥ๲䭓ࡼ࡯ Ңᑧᄬᣛ᭄ⳟ 9ˈ᳜ѻ៤કᑧᄬᣛ᭄ǃॳᴤ᭭ᑧᄬᣛ᭄ҡ໘Ѣ 50%ҹϟˈ݊ Ё ѻˈ៤કᑧᄬᣛ᭄Ў 45%ˈ ↨ 8᳜ϟ䰡 1.9Ͼⱒߚ⚍ˈ⦃↨ব࣪ԢѢग़৆ഛؐ˄0.9Ͼⱒߚ⚍˅ˈ 䇈ᯢӕϮᑧᄬҡ໘Ѣ䕗Ԣ∈ᑇDŽ ߚ㸠Ϯⳟˈ20 Ͼ㸠ϮЁˈ᳡㺙䵟ᐑࠊ䗴ঞⲂ↯㖑㒦ࠊકϮǃ᳼ᴤࡴᎹঞᆊ݋ࠊ䗴Ϯǃ⚳㤝ࠊકϮǃϧ ⫼䆒໛ࠊ䗴Ϯㄝ 4Ͼ㸠Ϯѻ៤કᑧᄬᣛ᭄催Ѣ 50%∈ᑇˈ䗮⫼䆒໛ࠊ䗴ϮЎ 50%DŽҢѻક㉏ൟⳟˈЁ䯈કǃ ⫳⌏⍜䌍ક੠⫳ѻ⫼ࠊ៤ક㉏ǃॳᴤ᭭Ϣ㛑⑤㉏ӕϮഛԢѢ 50%DŽ1-8᳜ˈᎹϮӕϮѻ៤કऴ⫼䌘䞥ৠ↨๲ 䭓 9%ˈ๲ᐙ↨ 1-5᳜ಲ㨑 0.5Ͼⱒߚ⚍ˈড᯴㒣⌢ϟ⒥ᇐ㟈ⱘএᑧᄬ䇗ᭈ䍟Ѣ㒧ᴳˈ᳾ᴹ䗖ᑺ㸹ᑧᄬᇚ៤Ў ๲䭓ⱘࡼ࡯DŽ ೒ 6˖᳾ᴹ㸹ᑧᄬ䇗ᭈᇚ៤๲䭓ⱘࡼ࡯ ˄%˅ 40 44 48 52 05 06 07 08 09 10 (5) 0 5 10 15 20 25 30 35 ѻ៤કᑧᄬᣛ᭄ ѻ៤ક䌘䞥ৠ↨๲䗳˄ে˅ 䌘᭭ᴹ⑤˖WIND Ёֵ䆕ࠌⷨお䚼 � ೑䰙໻ᅫଚકӋḐϞ⍼੠೑ݙկ∖݇㋏ব࣪ᇐ㟈䌁䖯ӋḐᣛ᭄ᣕ㓁ᦤछ Ң䌁䖯ӋḐᣛ᭄ⳟˈ䌁䖯ӋḐ໻ᐙᦤछDŽ9 ᳜䌁䖯ӋḐᣛ᭄Ў 65.3%ˈ↨ 8 ᳜Ϟछ 4.8 Ͼⱒߚ⚍ˈᰒ㨫 催Ѣग़৆Ϟछ∈ᑇDŽ䌁䖯ӋḐ໻ᐙᦤछˈᕜ໻⿟ᑺϞᴹ㞾Ѣ೑䰙໻ᅫଚકӋḐϞछ੠೑ݙ㡖㛑ޣᥦㄝᅣ㾖䇗 ᥻ϟⷁᳳկ䳔݇㋏বࡼDŽߚ㸠Ϯⳟˈ20 Ͼ㸠ϮЁˈ䰸᳼ᴤࡴᎹঞᆊ݋ࠊ䗴Ϯǃ䗮ֵ䆒໛䅵ㅫᴎঞ݊Ҫ⬉ᄤ 䆒໛ࠊ䗴Ϯǃ䴲䞥ሲⷓ⠽ࠊકϮㄝ 3 Ͼ㸠ϮЏ㽕ॳᴤ᭭䌁䖯ӋḐ⦃↨ϟ䰡ˈ݊Ҫ 17 Ͼ㸠Ϯⱘ⦃↨ਜϡৠ⿟ 2010ᑈ 9᳜ PMI᭄᥂⚍䆘 䇋ࡵᖙ䯙䇏ℷ᭛Пৢⱘܡ䋷ᴵℒ䚼ߚ 2010ᑈ 10᳜ 8᮹ 4 ᑺᦤछDŽ݊Ёˈফ೑䰙໻ᅫଚકӋḐϞ⍼ᕅડˈ⷇⊍ࡴᎹঞ⚐⛺Ϯǃ䗮⫼䆒໛ࠊ䗴Ϯǃ㒎㒛Ϯǃ⬉⇨ᴎẄঞ ఼ᴤࠊ䗴Ϯㄝ㸠Ϯॳᴤ᭭䌁䖯ӋḐ⍼ᐙ䕗໻DŽ ೒ 7˖໻ᅫଚકӋḐϞ⍼ᇐ㟈䌁䖯ӋḐᣛ᭄ᣕ㓁ᦤछ ˄%˅ 200 250 300 350 400 450 500 05 06 07 08 09 10 20 30 40 50 60 70 80 CRBᣛ᭄ 䌁䖯ӋḐᣛ᭄˄ে˅ 䌘᭭ᴹ⑤˖WIND Ёֵ䆕ࠌⷨお䚼 � 乘ᳳ 10᳜ᎹϮ๲䗳㓧᜶ಲ㨑㟇 13.5%Ꮊে 1-9᳜៥೑ᎹϮӕϮЏ㧹ᬊܹⱘৠ↨๲䭓 33.4%ˈ݊ Ё 6-8᳜䕗 3-5᳜⦃↨๲䭓 5.8% 9˗᳜ᮄ䅶ऩᣛ᭄Ϣ ѻ៤કᣛ᭄П↨Ў 117.3ˈ⦃↨ᦤ催 6 Ͼⱒߚ⚍DŽ9 ᳜ˈ䅶ऩᣛ᭄ǃᮄ䅶ऩᣛ᭄/ѻ៤કᑧᄬ⦃↨ᦤछˈড᯴ ᳾ᴹᘏ䳔∖ҡᇚֱᣕ䕗催๲䗳DŽ៥Ӏ乘䅵 10᳜ӑᎹϮ๲䗳ᇚᇣᐙಲ㨑ˈ๲䗳䖒ࠄ 13.5%ᎺেDŽ ೒ 8˖ᮄ䅶ऩᣛ᭄ǃᮄ䅶ऩ/ѻ៤કᣛ᭄⦃↨ᦤछ乘⼎ᘏ䳔∖ᇚ㒻㓁๲䭓 ˄%˅ 35 45 55 65 75 05 -0 1 05 -0 5 05 -0 9 06 -0 1 06 -0 5 06 -0 9 07 -0 1 07 -0 5 07 -0 9 08 -0 1 08 -0 5 08 -0 9 09 -0 1 09 -0 5 09 -0 9 10 -0 1 10 -0 5 10 -0 9 60 80 100 120 140 160 PMI:ᮄ䅶ऩ ᮄ䅶ऩ/ѻ៤ક(ে) 䌘᭭ᴹ⑤˖Ё䞛੼䆶ˈЁֵ䆕ࠌⷨお䚼 ܡܡ䋷ໄᯢ� ℸ᡹ਞᑊ䴲䩜ᇍ៪ᛣ೒䗕থ㒭៪Ўӏԩህ䗕থǃথᏗǃৃᕫࠄ៪Փ⫼ℸ᡹ਞ㗠ՓЁֵ䆕ࠌ㙵ӑ᳝䰤݀ৌঞ݊䰘ሲᴎ ᵘ˄ҹϟ㒳⿄ĀЁֵ䆕ࠌā˅ 䖱ডᔧഄⱘ⊩ᕟ៪⊩㾘៪ৃ㟈ՓЁֵ䆕ࠌফࠊѢⳌ݇⊩ᕟ៪⊩㾘ⱘӏԩഄऎǃ೑ᆊ៪݊ᅗㅵ 䕪ऎඳⱘ݀⇥៪ሙ⇥DŽ䰸䴲঺᳝㾘ᅮˈᴀ᡹ਞЁⱘ᠔᳝ᴤ᭭⠜ᴗഛሲЁֵ䆕ࠌDŽ᳾㒣Ёֵ䆕ࠌџܜк䴶ᥜᴗˈϡᕫҹӏ ԩᮍᓣׂᬍǃথ䗕៪㗙໡ࠊᴀ᡹ਞঞ݊᠔ࣙ৿ⱘᴤ᭭ǃݙᆍDŽ᠔᳝Ѣℸ᡹ਞЁՓ⫼ⱘଚᷛǃ᳡ࡵᷛ䆚ঞᷛ䆄ഛЎЁֵ䆕 ࠌⱘଚᷛǃ᳡ࡵᷛ䆚ঞᷛ䆄DŽ ᴀ᡹ਞᰃᴎᆚⱘˈা᳝ᬊӊҎᠡ㛑Փ⫼DŽᴀ᡹ਞ᠔䕑ⱘֵᙃǃᴤ᭭៪ߚᵤᎹ݋াᦤկ㒭䯕ϟ԰খ㗗П⫼ˈϡᰃ៪ϡ ᑨ㹿㾚Ўߎଂǃ䌁ф៪䅸䌁䆕ࠌ៪݊ᅗ䞥㵡Ꮉ݋ⱘ㽕㑺៪㽕㑺䙔䇋DŽЁֵ䆕ࠌгϡ಴ᬊӊҎᬊࠄᴀ᡹ਞ㗠㾚݊ЎЁֵ䆕 ࠌⱘᅶ᠋DŽ ᴀ᡹ਞ᠔䕑䌘᭭ⱘᴹ⑤ঞ㾖⚍ⱘߎ໘ⱚ㹿Ёֵ䆕ࠌ䅸Ўৃ䴴ˈԚЁֵ䆕ࠌϡֱ䆕݊ޚ⹂ᗻ៪ᅠᭈᗻDŽ䰸⊩ᕟ៪㾘߭ 㾘ᅮᖙ乏ᡓᢙⱘ䋷ӏ໪ˈЁֵ䆕ࠌϡᇍ಴Փ⫼ℸ᡹ਞⱘᴤ᭭㗠ᓩ㟈ⱘᤳ༅䋳ӏԩ䋷ӏDŽᬊӊҎϡᑨऩ㒃ձ䴴ℸ᡹ਞ㗠প ҷϾҎⱘ⣀ゟ߸ᮁDŽᴀ᡹ਞ᠔ᣛⱘ䆕ࠌ៪䞥㵡Ꮉ݋ⱘӋḐǃӋؐঞᬊܹৃ䎠ৃछDŽҹᕔⱘ㸼⦄ϡᑨ԰Ў᮹ৢ㸼⦄ⱘᰒ⼎ ঞᢙֱDŽᴀ᡹ਞ᠔䕑ⱘ䌘᭭ǃᛣ㾕ঞ᥼⌟ড᯴Ёֵ䆕ࠌѢ᳔߱থᏗℸ᡹ਞ᮹ᳳᔧ᮹ⱘ߸ᮁˈৃ೼ϡথߎ䗮ⶹⱘᚙᔶϟخ ߎ᳈ᬍˈѺৃ಴Փ⫼ϡৠ؛䆒੠ᷛޚǃ䞛⫼ϡৠ㾖⚍੠ߚᵤᮍ⊩㗠ϢЁֵ䆕ࠌ݊ᅗϮࡵ䚼䮼៪ऩԡ᠔㒭ߎⱘᛣ㾕ϡৠ៪ 㗙ⳌডDŽᴀ᡹ਞϡᵘ៤⾕Ҏ੼䆶ᓎ䆂ˈг≵᳝㗗㰥ࠄϾ߿ᅶ᠋⡍⅞ⱘᡩ䌘Ⳃᷛǃ䋶ࡵ⢊މ៪䳔㽕DŽᬊӊҎᑨ㗗㰥ᴀ᡹ਞ Ёⱘӏԩᛣ㾕៪ᓎ䆂ᰃ৺ヺড়݊⡍ᅮ⢊މDŽ ೼⊩ᕟ䆌ৃⱘᚙމϟˈЁֵ䆕ࠌⱘϔԡ៪໮ԡ㨷џǃ催㑻㘠ਬ੠/៪ਬᎹ(ࣙᣀখϢޚ໛៪থ㸠ℸ᡹ਞⱘҎ)ৃ㛑(1)Ϣ ℸ᡹ਞ᠔ᦤࠄⱘӏԩ݀ৌᓎゟ៪ֱᣕ乒䯂ǃᡩ䌘䫊㸠៪䆕ࠌ᳡ࡵ݇㋏ˈ(2)Ꮖ㒣৥ℸ᡹ਞ᠔ᦤࠄⱘ݀ৌᦤկњ໻䞣ⱘᓎ䆂 ៪ᡩ䌘᳡ࡵDŽ೼⊩ᕟ䆌ৃⱘᚙމϟˈЁֵ䆕ࠌⱘϔԡ៪໮ԡ㨷џǃ催㑻㘠ਬ੠/៪ਬᎹৃ㛑ᢙӏℸ᡹ਞ᠔ᦤࠄⱘ݀ৌⱘ㨷 џDŽ೼⊩ᕟ䆌ৃⱘᚙމϟˈЁֵ䆕ࠌৃ㛑খϢ៪ᡩ䌘ℸ᡹ਞ᠔ᦤࠄⱘ݀ৌⱘ䞥㵡Ѹᯧˈ৥᳝݇݀ৌᦤկ៪㦋প᳡ࡵˈঞ/ ៪ᣕ᳝݊䆕ࠌ៪ᳳᴗ៪䖯㸠䆕ࠌ៪ᳳᴗѸᯧDŽ 㢹Ёֵ䆕ࠌҹ໪ⱘ䞥㵡ᴎᵘথ䗕ᴀ᡹ਞˈ߭⬅䆹䞥㵡ᴎᵘ⣀㞾Ўℸথ䗕㸠Ў䋳䋷DŽ䆹ᴎᵘᅶ᠋ᑨ㘨㋏䆹ᴎᵘҹѸᯧ ᴀ᡹ਞЁᦤঞⱘ䆕ࠌ៪㽕∖㦋ᙝ᳈䆺㒚ֵᙃDŽᴀ᡹ਞϡᵘ៤Ёֵ䆕ࠌ৥থ䗕ᴀ᡹ਞ䞥㵡ᴎᵘПᅶ᠋ᦤկⱘᡩ䌘ᓎ䆂ˈЁ ֵ䆕ࠌⱘ㨷џǃ催㑻㘠ਬ੠ਬᎹѺϡЎࠡ䗄䞥㵡ᴎᵘПᅶ᠋಴Փ⫼ᴀ᡹ਞ៪᡹ਞ䕑ᯢⱘݙᆍᓩ䍋ⱘⳈ᥹៪䖲ᏺᤳ༅ᡓᢙ ӏԩ䋷ӏDŽ Ёֵ䆕ࠌ㙵ӑ᳝䰤݀ৌঞ݊䰘ሲঞ㘨㧹݀ৌ 2010⠜ᴗ᠔᳝DŽֱ⬭ϔߛᴗ߽DŽ 䆘㑻䇈ᯢ� � 䆘㑻 䇈ᯢ фܹ ⳌᇍЁᷛ 300ᣛ᭄⍼ᐙ 20%ҹϞ˗ ๲ᣕ ⳌᇍЁᷛ 300ᣛ᭄⍼ᐙҟѢ 5%̚20%П䯈˗ ᣕ᳝ ⳌᇍЁᷛ 300ᣛ᭄⍼ᐙҟѢ-10%̚5%П䯈˗ 㙵⼼ᡩ䌘䆘㑻 पߎ ⳌᇍЁᷛ 300ᣛ᭄䎠ᐙ 10%ҹϞ˗ ᔎѢ໻Ꮦ ⳌᇍЁᷛ 300ᣛ᭄⍼ᐙ 10%ҹϞ˗ Ёᗻ ⳌᇍЁᷛ 300ᣛ᭄⍼ᐙҟѢ-10%̚10%П䯈˗ 1.� ᡩ䌘ᓎ䆂ⱘ↨䕗ᷛޚ�� ᡩ䌘䆘㑻ߚЎ㙵⼼䆘㑻੠㸠Ϯ䆘㑻DŽ ҹ᡹ਞথᏗৢⱘ 6 Ͼ᳜ݙⱘᏖഎ㸼⦄Ў↨䕗ᷛޚˈ ᡹ਞথᏗ᮹ৢⱘ 6Ͼ᳜ݙⱘ݀ৌ㙵Ӌ˄ ៪㸠Ϯᣛ᭄˅ ⱘ⍼䎠ᐙⳌᇍৠᳳⱘЁֵᷛ᱂ 300 ᣛ᭄ⱘ⍼䎠ᐙЎ ෎ޚ˗ 2. ᡩ䌘ᓎ䆂ⱘ䆘㑻ᷛޚ ᡹ਞথᏗ᮹ৢⱘ 6Ͼ᳜ݙⱘ݀ৌ㙵Ӌ˄ ៪㸠Ϯᣛ᭄˅ ⱘ⍼䎠ᐙⳌᇍৠᳳⱘЁֵᷛ᱂ 300ᣛ᭄ⱘ⍼䎠ᐙ˖ 㸠Ϯᡩ䌘䆘㑻 ᔅѢ໻Ꮦ ⳌᇍЁᷛ 300ᣛ᭄䎠ᐙ 10%ҹϞ˗ � ࣫Ҁ Ϟ⍋ ⏅ഇ Ёֵ䆕ࠌ೑䰙᳝䰤݀ৌ ഄഔ: Ё೑࣫ҀᏖᳱ䰇ऎᮄ⑤फ䏃6োҀජ໻ॺ(100004) Ϟ⍋⌺ϰᮄऎϪ㑾໻䘧 1568 োЁᓎ໻ॺ 22ὐ˄200122˅ ⏅ഇᏖ⏅फ໻䘧 7088 ো᢯ ଚ䫊㸠໻ॺ Aሖ˄518040˅ 佭␃Ё⦃⏏㕢䘧 1 োЁ ֵ໻ॺ 26ὐ ⬉䆱˖ (010)84588720 (021)68761565� (0755)83196279 (852)22376409 Ӵⳳ˖ (010)84868307 (021)68761669� (0755)82485240 (852)21046580 ᳡ࡵ⛁㒓˖ 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