Title: yingh@csc.com.cn
1??? ??????? yingh_at_csc.com.cn (010)65183888-84056
??????
?????????????
2??
- ???????????????????
- ???????????????
- ???????????????
- ??????????????
3????????????
????
???????????????
?????????????,???????????????????
??
???????????????
?????
??????????????????????
?????????????,???????
???
4????????????????
- ???????????????????????????????
- ???,???????????????,?RD/GDP?1
- ?2???)
???? RD/GDP??1
???? ??GDP??1000??
???2002????????????????????
5?????????????
????5-10???????????????????????????
6????????????
??????????????
???????????
??????????
??????????????
???????????????????
????????????
?????????,?????????
???????????,??????
7????????????
???????? ??????????,?????????????????????
11?????
?????????
68?????
16?????
27?????
?????????
18?????
4???????
816????????????
9????????????
- ????????????????
-
- 1?2020?????
- 2?2.5???
- 2020?RD??2004?RD?? 6.4
- 2020?RD??- 2004?RDgt1??????
- 20062020?????9.5??????
-
RD/GDP2.5??
???????60??
???????30???
102006-2020????????
11???????????TFP
?????????????,???????????????????????,????????????
?(TFP)??,???????????TFP????
?????????????????????70??
122004-2020???????
2020??????????60,?2004????,????2.73??,??????????
???
?????????50????????????,??,?????????60,?????????
??????
13????????????????
- 3????????
- ????????????????,????????????60??,?2020?
???????????7622?????? - ???????????????????
14????????????
????
????
???? ??????? ???? ???????
???? ????????? ???? ???????
?????????????????
15???????????????
??10-20????????????????????????????
? ?
????????????????????
? ?
- ??????????????????????????????????????????????????
??????????????????
? ?
16???????????????
??????????????
1????????
2????????
- (1)????????????????
- (2)??????????????????
- (3)????????
- (4)???????,????????
-
(1)????????? (2)?????????????? (3)??????????????
?? (4)???????????????? (5)??45??????????????????
? (6)??????????? (7)?????????????? (8)?????????
???????????
17???????????????
?????????????
1????????
2????????
- ????????
- ?????????
- ?????????
- ?????
-
(1)?????????? (2)?????????? (3)??????????? (4)?
?????? (5)?????? (6)?????????????
18???????????????
????????
?????????
- (1)???
- (2)300-350km/h??????
- (3)?????????????????
- (4)?????????????
- (5)????
- (6)???????????????
(1)E-finance???? (2)E-commerce?????? (3)E-learni
ng???? (4)E-media???? (5)E-health????
19???????????????
???????
??????
- (1)??????????????
- (2)??????,??????
- (3)????????????
- (4)???????????
- (5)??????
- (6)??????
?????????????8-10?,??GDP????????????1/10
?????
(1)???? (2)????
20???????????
- ??NASDAQ??
- 1???????????????????
- 2????????????????
- 3???????????????????????
21???????????NASDAQ
22???????????
- ???????????500???
- 1???????????????????
- 2??????????????????????
- 3???????????????????????????????????
23?????????????500(1)
24?????????????500(2)
25???????????
- ?????????BSE100?????
- 1????????????????????????
- 2???????????????????????????
- 3???????????????IT?????
- 4??????????????????
26?????????????BSE100
27???????????
- ??????????????????
- 1?PE????????????????????
- 2??????PEG??????????,???????????????????
28NASDAQ?????
29??500??????(1)
30??500??????(2)
31????BSE100???
32????????????
????????????(??15?)??????(??5?)
??????????????????????
????
????
?????? ????????? ?????????????? ?????????
??????10?????
?????????????
33?????????????10?????
34?????????????