{"id":14229,"date":"2019-11-18T13:36:16","date_gmt":"2019-12-30T09:20:48","guid":{"rendered":"http:\/\/115.238.178.234:8090\/index.php\/2019\/12\/30\/af611206c8\/"},"modified":"2019-12-30T17:20:51","modified_gmt":"2019-12-30T09:20:51","slug":"af611206c8","status":"publish","type":"post","link":"http:\/\/115.238.178.234:8090\/index.php\/2019\/11\/18\/af611206c8\/","title":{"rendered":"\u3010IPE\u7814\u7a76\u3011\u533a\u5757\u94fe\u53ca\u8d85\u4e3b\u6743\u6570\u5b57\u8d27\u5e01\u89c6\u89d2\u4e0b\u7684\u56fd\u9645\u8d27\u5e01\u4f53\u7cfb\u6539\u9769\u2014\u2014\u4ee5E-SDR\u7684\u521b\u65b0\u4e0e\u5c1d\u8bd5\u4e3a\u4f8b"},"content":{"rendered":"
\n


<\/p>\n

\"\u3010IPE\u7814\u7a76\u3011\u533a\u5757\u94fe\u53ca\u8d85\u4e3b\u6743\u6570\u5b57\u8d27\u5e01\u89c6\u89d2\u4e0b\u7684\u56fd\u9645\u8d27\u5e01\u4f53\u7cfb\u6539\u9769\u2014\u2014\u4ee5E-SDR\u7684\u521b\u65b0\u4e0e\u5c1d\u8bd5\u4e3a\u4f8b\"
<\/p>\n


<\/p>\n

\n
\n
\n
\u5185\u5bb9\u63d0\u8981<\/span><\/strong><\/span><\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u5e03\u96f7\u987f\u68ee\u6797\u4f53\u7cfb\u7684\u6784\u5efa\u4f7f\u7f8e\u5143\u9010\u6b65\u5728\u56fd\u9645\u8d27\u5e01\u4f53\u7cfb\u4e2d\u83b7\u5f97\u4e86\u4e2d\u5fc3\u5730\u4f4d\uff0c\u540e\u5e03\u96f7\u987f\u68ee\u6797\u4f53\u7cfb\u7684\u5f62\u6210\u5219\u4f7f\u7f8e\u5143\u8fdb\u5165\u4e00\u4e2a\u76f8\u5bf9\u65e0\u8d23\u4efb\u7684\u81ea\u7531\u4e4b\u5883\u3002\u7f8e\u5143\u4e2d\u5fc3\u5316\u7684\u56fd\u9645\u8d27\u5e01\u4f53\u7cfb\u5177\u6709\u5929\u7136\u7684\u4e0d\u7a33\u5b9a\u6027\u4e0e\u4e0d\u53ef\u6301\u7eed\u6027\uff0c\u5e76\u5bfc\u81f4\u56fd\u9645\u91d1\u878d\u4f53\u7cfb\u7684\u7cfb\u7edf\u6027\u98ce\u9669\u4e0d\u65ad\u4e0a\u5347\u3002\u8d85\u4e3b\u6743\u8d27\u5e01\u6784\u60f3\u662f\u89e3\u51b3\u8fd9\u4e00\u95ee\u9898\u8f83\u4e3a\u7406\u60f3\u7684\u65b9\u6848\u3002\u6570\u5b57\u8d27\u5e01\u7684\u5174\u8d77\u5219\u4e3a\u5b9e\u73b0\u8d85\u4e3b\u6743\u8d27\u5e01\u6570\u5b57\u5316\u63d0\u4f9b\u4e86\u91cd\u8981\u5951\u673a\u3002\u8d85\u4e3b\u6743\u6570\u5b57\u8d27\u5e01\u4e0d\u4ec5\u662f\u6253\u7834\u7f8e\u5143\u9738\u6743\u7684\u4e00\u79cd\u91cd\u8981\u9014\u5f84\uff0c\u8fd8\u662f\u5927\u56fd\u672a\u6765\u7ade\u4e89\u7684\u91cd\u8981\u8d5b\u9053\u3002\u5f53\u7136\uff0c\u4f5c\u4e3a\u4e00\u79cd\u63a8\u8fdb\u5168\u7403\u8d27\u5e01\u5408\u4f5c\u7684\u4e2d\u95f4\u8def\u7ebf\uff0c\u8d85\u4e3b\u6743\u6570\u5b57\u8d27\u5e01\u5c06\u6709\u52a9\u4e8e\u8d44\u6e90\u4ea4\u4e92\u7684\u56fd\u9645\u5e73\u53f0\u4e0e\u4fe1\u4efb\u673a\u5236\u7684\u6784\u5efa\u3002\u4e3a\u6b64\uff0c\u6211\u4eec\u53ef\u4ee5\u57fa\u4e8e\u533a\u5757\u94fe\u7b49\u6280\u672f\uff0c\u6784\u5efa\u4e00\u5957\u4ee5\u201c\u6570\u5b57\u8d27\u5e01\u2014\u6570\u5b57\u91d1\u878d\u8d26\u6237\u2014\u6570\u5b57\u8eab\u4efd\u9a8c\u8bc1\u201d\u4e3a\u57fa\u672c\u7ed3\u6784\u7684E-SDR\u8d85\u4e3b\u6743\u6570\u5b57\u8d27\u5e01\u4f53\u7cfb\uff0c\u4e3a\u56fd\u9645\u8d27\u5e01\u4f53\u7cfb\u7684\u6539\u9769\u4e0e\u5168\u7403\u5408\u4f5c\u7684\u5f00\u5c55\u521b\u9020\u65b0\u7684\u7a7a\u95f4\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u3010\u5173\u952e\u8bcd\u3011   <\/span><\/strong>\u56fd\u9645\u8d27\u5e01\u4f53\u7cfb \u7f8e\u5143\u9738\u6743 \u533a\u5757\u94fe \u8d85\u4e3b\u6743\u6570\u5b57\u8d27\u5e01 E-SDR
<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u3010\u4f5c\u8005\u7b80\u4ecb\u3011 <\/span><\/strong>\u5f20\u7eaa\u817e\uff0c\u534e\u4e1c\u653f\u6cd5\u5927\u5b66\u653f\u6cbb\u5b66<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
<\/span><\/strong><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u7814\u7a76\u9662\u7855\u58eb\u7814\u7a76\u751f<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u3010\u6587\u7ae0\u6765\u6e90\u3011<\/span><\/strong><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u300a<\/span>\u56fd\u9645\u5c55\u671b\u300b2019\u5e74\u7b2c6\u671f<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n


<\/section>\n

\n

<\/span><\/strong><\/section>\n
<\/section>\n<\/section>\n
\n
\n
\u6b63   \u6587<\/span><\/strong><\/span><\/section>\n<\/section>\n<\/section>\n
\n
\n
\u56fd\u9645\u8d27\u5e01\u662f\u6307\u67d0\u4e00\u4e3b\u6743\u56fd\u5bb6\u7684\u6cd5\u5b9a\u8d27\u5e01\u7a81\u7834\u4e86\u5730\u7406\u7586\u57df\u548c\u653f\u6cbb\u754c\u57df\uff0c\u800c\u6210\u4e3a\u56fd\u9645\u8d38\u6613\u3001\u5546\u54c1\u8ba1\u4ef7\u548c\u4ef7\u503c\u50a8\u85cf\u6240\u4f7f\u7528\u7684\u8d27\u5e01\u3002 \u5f53\u524d\u7684\u56fd\u9645\u8d27\u5e01\u4f53\u7cfb\u4ecd\u4fdd\u6301\u7740\u4e00\u5b9a\u7a0b\u5ea6\u7684\u201c\u4e2d\u5fc3\u2014\u5916\u56f4\u201d\u7ed3\u6784\uff0c\u5373\u4f5c\u4e3a\u7f8e\u56fd\u4e3b\u6743\u4fe1\u7528\u8d27\u5e01\u7684\u7f8e\u5143\u5728\u56fd\u9645\u8d27\u5e01\u4f53\u7cfb\u4e2d\u5904\u4e8e\u4e2d\u5fc3\u5730\u4f4d\uff0c\u5e76\u6210\u4e3a\u88ab\u5176\u4ed6\u56fd\u5bb6\u201c\u5916\u56f4\u8d27\u5e01\u201d\u6240\u7d27\u5bc6\u56f4\u7ed5\u7684\u201c\u6838\u5fc3\u8d27\u5e01\u201d\u3002\u7f8e\u56fd\u57fa\u4e8e\u7f8e\u5143\u7684\u8fd9\u4e00\u4e2d\u5fc3\u5730\u4f4d\uff0c\u6784\u5efa\u4e86\u4ee5\u91d1\u878d\u8d44\u672c\u4e3b\u4e49\u4e3a\u5bfc\u5411\u7684\u52bf\u529b\u8303\u56f4\uff0c\u8fd9\u4e00\u56fd\u9645\u8d27\u5e01\u4f53\u7cfb\u7684\u5b58\u5728\u4e3a\u5176\u652b\u53d6\u5168\u7403\u7ecf\u6d4e\u5229\u76ca\u63d0\u4f9b\u4e86\u5145\u5206\u7684\u6761\u4ef6\u3002\u56e0\u6b64\uff0c\u65e0\u8bba\u662f\u5728\u5e03\u96f7\u987f\u68ee\u6797\u4f53\u7cfb\u65f6\u671f\uff0c\u8fd8\u662f\u5728\u540e\u5e03\u96f7\u987f\u68ee\u6797\u4f53\u7cfb\u65f6\u671f\uff0c\u7f8e\u56fd\u90fd\u901a\u8fc7\u8c03\u6574\u81ea\u8eab\u7684\u8d27\u5e01\u653f\u7b56\u3001\u8d22\u653f\u653f\u7b56\u4e0e\u5168\u7403\u7684\u91d1\u878d\u3001\u8d38\u6613\u89c4\u5219\uff0c\u4ee5\u786e\u4fdd\u5168\u7403\u7ecf\u6d4e\u6cbb\u7406\u4f53\u7cfb\u59cb\u7ec8\u671d\u7740\u6709\u5229\u4e8e\u81ea\u5df1\u7684\u65b9\u5411\u6f14\u8fdb\u3002<\/span>
<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u968f\u7740\u7f8e\u5143\u7684\u5b9e\u8d28\u610f\u4e49\u4e0e\u4f5c\u7528\u7684\u589e\u5f3a\uff0c\u7f8e\u56fd\u8fd8\u66f4\u503e\u5411\u4e8e\u4f7f\u7528\u8fd9\u4e00\u8d27\u5e01\u9738\u6743\u6765\u5851\u9020\u548c\u6269\u5927\u4ee5\u7f8e\u56fd\u4e3a\u6838\u5fc3\u7684\u5168\u7403\u4f53\u7cfb\uff0c\u7f8e\u5143\u9738\u6743\u4e5f\u968f\u4e4b\u6f14\u53d8\u4e3a\u4e00\u79cd\u80c1\u8feb\u6027\u9738\u6743\uff0c \u5c24\u5176\u662f\u5728\u540e\u5e03\u96f7\u987f\u68ee\u6797\u4f53\u7cfb\u4e4b\u4e0b\uff0c\u7f8e\u5143\u4ecd\u662f\u5168\u7403\u8d38\u6613\u987a\u5dee\u56fd\u7684\u4e3b\u8981\u50a8\u5907\u8d44\u4ea7\u548c\u4e8b\u5b9e\u4e0a\u7684\u9489\u4f4f\u8d27\u5e01\uff0c\u4f46\u662f\u7f8e\u56fd\u65e0\u987b\u627f\u62c5\u539f\u6709\u7ef4\u62a4\u6c47\u7387\u7a33\u5b9a\u7684\u8d23\u4efb\u3002\u56e0\u6b64\uff0c\u7f8e\u56fd\u80fd\u66f4\u4e3a\u81ea\u4e3b\u5730\u9009\u62e9\u8d22\u653f\u548c\u8d27\u5e01\u653f\u7b56\uff0c\u5e76\u89c4\u907f\u56e0\u6c47\u7387\u6301\u7eed\u6ce2\u52a8\u800c\u5e26\u6765\u7684\u5de8\u5927\u7ecf\u6d4e\u98ce\u9669\u3002\u5bf9\u6b64\uff0c\u7f8e\u56fd\u5bc6\u82cf\u91cc\u5927\u5b66\u7ecf\u6d4e\u5b66\u6559\u6388\u8fc8\u514b\u5c14\u00b7\u8d6b\u5fb7\u68ee\uff08Michael Hudson\uff09\u6307\u51fa\uff0c\u7f8e\u56fd\u57fa\u4e8e\u7f8e\u5143\u7684\u9738\u6743\u5730\u4f4d\uff0c\u5f62\u6210\u4e86\u4e00\u79cd\u4ee5\u56fd\u5bb6\u8d44\u672c\u4e3b\u4e49\u5f62\u5f0f\u5b58\u5728\u7684\u201c\u8d85\u7ea7\u5e1d\u56fd\u4e3b\u4e49\u201d\uff08Super Imperialism\uff09\uff0c20\u4e16\u7eaa80\u5e74\u4ee3\u7684\u201c\u5e7f\u573a\u534f\u8bae\u201d\u201c\u5362\u6d6e\u5bab\u534f\u8bae\u201d\u5c31\u662f\u6700\u4e3a\u5178\u578b\u7684\u4f8b\u8bc1\u3002 \u6b64\u5916\uff0c\u5305\u62ecSWIFT\u3001CHIPS\u548cFedwire\u5728\u5185\u7684\u8de8\u5883\u652f\u4ed8\u548c\u7ed3\u7b97\u7cfb\u7edf\u5219\u662f\u7f8e\u56fd\u57fa\u4e8e\u7f8e\u5143\u9738\u6743\u5728\u5168\u7403\u652f\u4ed8\u7ed3\u7b97\u4e0e\u91d1\u878d\u4ea7\u54c1\u4ea4\u6613\u7b49\u9886\u57df\u6240\u6784\u5efa\u7684\u201c\u91d1\u878d\u57fa\u7840\u8bbe\u65bd\u201d\u7684\u4e00\u90e8\u5206\uff0c\u800c\u8fd9\u4e5f\u662f\u7f8e\u56fd\u5728\u56fd\u9645\u8d27\u5e01\u4f53\u7cfb\u6240\u83b7\u53d6\u7684\u4e3b\u5bfc\u5730\u4f4d\u7684\u4e00\u79cd\u6743\u529b\u884d\u751f\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u5f53\u7136\uff0c\u5c3d\u7ba1\u7f8e\u5143\u7684\u786e\u66fe\u5728\u63a8\u52a8\u5168\u7403\u6218\u540e\u7ecf\u6d4e\u6062\u590d\u548c\u56fd\u9645\u8d38\u6613\u589e\u957f\u4e2d\u53d1\u6325\u4e86\u91cd\u8981\u4f5c\u7528\uff0c\u4f46\u662f\u7f8e\u5143\u4e2d\u5fc3\u5316\u7684\u56fd\u9645\u8d27\u5e01\u4f53\u7cfb\u5219\u5177\u6709\u5929\u7136\u7684\u4e0d\u7a33\u5b9a\u6027\u548c\u4e0d\u53ef\u6301\u7eed\u6027\uff0c\u5e76\u4e14\u7f8e\u56fd\u5728\u4eab\u53d7\u8d27\u5e01\u9738\u6743\u7684\u540c\u65f6\uff0c\u5374\u672a\u80fd\u5145\u5206\u627f\u62c5\u8d77\u7ef4\u62a4\u548c\u534f\u8c03\u56fd\u9645\u8d27\u5e01\u79e9\u5e8f\u7684\u8d23\u4efb\u3002\u56e0\u6b64\uff0c\u7f8e\u5143\u9738\u6743\u5730\u4f4d\u7684\u52a0\u5f3a\u53cd\u800c\u52a0\u5267\u4e86\u56fd\u9645\u8d27\u5e01\u4f53\u7cfb\u7684\u6ce2\u52a8\u6027\uff0c\u5e76\u5bfc\u81f4\u56fd\u9645\u91d1\u878d\u7cfb\u7edf\u6027\u98ce\u9669\u4e0d\u65ad\u4e0a\u5347\uff0c\u90e8\u5206\u56fd\u9645\u7ecf\u6d4e\u6d3b\u52a8\u751a\u81f3\u4e3a\u6b64\u906d\u53d7\u5de8\u5927\u51b2\u51fb\u3002 \u8fd9\u4e5f\u5145\u5206\u8bf4\u660e\u4e3b\u6743\u4fe1\u7528\u8d27\u5e01\u7684\u4e16\u754c\u8d27\u5e01\u5316\u662f\u5168\u7403\u7ecf\u6d4e\u7ed3\u6784\u4e0e\u56fd\u9645\u79e9\u5e8f\u5931\u8861\u7684\u91cd\u8981\u539f\u56e0\u3002\u4e0e\u6b64\u540c\u65f6\uff0c\u5c3d\u7ba1\u56fd\u9645\u8d27\u5e01\u4f53\u7cfb\u6b63\u9010\u6b65\u8d8b\u5411\u4e8e\u4e00\u79cd\u591a\u5143\u5316\u7684\u683c\u5c40\uff0c\u5404\u56fd\u4e5f\u91c7\u53d6\u4e86\u4e00\u7cfb\u5217\u63aa\u65bd\u6765\u63a8\u8fdb\u56fd\u9645\u8d27\u5e01\u4f53\u7cfb\u7684\u6539\u9769\uff0c\u4f46\u662f\u7531\u4e8e\u5404\u56fd\u5bf9\u4e8e\u56fd\u9645\u5173\u7cfb\u7684\u518d\u5e73\u8861\u4e0e\u6743\u529b\u4ea4\u66ff\u4ecd\u5b58\u5728\u8f83\u5927\u5206\u6b67\uff0c\u5e76\u4e14\u4f5c\u4e3a\u63a7\u5236\u7ed3\u679c\u7684\u7f8e\u5143\u9738\u6743\u5e76\u672a\u968f\u7f8e\u56fd\u9738\u6743\u57fa\u7840\u7684\u8870\u843d\u800c\u8870\u843d\u3002\u56e0\u6b64\uff0c\u73b0\u884c\u56fd\u9645\u8d27\u5e01\u4f53\u7cfb\u6b63\u9762\u4e34\u7740\u5408\u4f5c\u52a8\u673a\u96be\u4ee5\u534f\u8c03\u4e0e\u6539\u9769\u80fd\u529b\u4e0d\u8db3\u7684\u56f0\u5883\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u4ece\u6280\u672f\u53d1\u5c55\u6765\u770b\uff0c\u4f5c\u4e3a\u5168\u7403\u7ecf\u6d4e\u3001\u91d1\u878d\u53d1\u5c55\u5927\u52bf\u6240\u8d8b\u7684\u6570\u5b57\u8d27\u5e01\u5219\u4e3a\u8d85\u4e3b\u6743\u8d27\u5e01\u7684\u53d1\u5c55\u63d0\u4f9b\u4e86\u91cd\u8981\u5951\u673a\u3002\u4ece\u76ee\u524d\u6765\u770b\uff0c\u6570\u5b57\u8d27\u5e01\u4ecd\u5904\u4e8e\u53d1\u5c55\u7684\u521d\u7ea7\u9636\u6bb5\uff0c\u5176\u5e94\u7528\u4e5f\u5c06\u4ece\u6280\u672f\u3001\u8fd0\u8425\u3001\u6cbb\u7406\u4ee5\u53ca\u76d1\u7ba1\u7b49\u591a\u4e2a\u65b9\u9762\u5bf9\u73b0\u6709\u7684\u8d27\u5e01\u91d1\u878d\u7406\u8bba\u548c\u76d1\u7ba1\u5236\u5ea6\u5f62\u6210\u4e00\u7cfb\u5217\u6311\u6218\u3002\u56e0\u6b64\uff0c\u5982\u4f55\u6784\u5efa\u4e00\u4e2a\u7a33\u5b9a\u7684\u8d85\u4e3b\u6743\u6570\u5b57\u8d27\u5e01\u4f53\u7cfb\u5c06\u662f\u4e00\u4e2a\u6f2b\u957f\u7684\u8fc7\u7a0b\u3002\u4e3a\u6b64\uff0c\u672c\u6587\u5bf9\u533a\u5757\u94fe\u6280\u672f\u7684\u7279\u8d28\u8fdb\u884c\u4e86\u603b\u7ed3\uff0c\u4ee5\u6bd4\u7279\u5e01\u3001Libra\u4ee5\u53caRipple\u4e3a\u4f8b\u5bf9\u6570\u5b57\u8d27\u5e01\u4ee5\u53ca\u591a\u4e2d\u5fc3\u7684\u652f\u4ed8\u7ed3\u7b97\u7cfb\u7edf\u8fdb\u884c\u4e86\u68b3\u7406\uff0c\u5e76\u5728\u6b64\u57fa\u7840\u4e0a\u63d0\u51fa\u4e86\u5efa\u7acbE-SDR\u8d85\u4e3b\u6743\u6570\u5b57\u8d27\u5e01\u4f53\u7cfb\u7684\u6784\u60f3\uff0c\u4ee5\u671f\u4e3a\u63a8\u52a8\u56fd\u9645\u8d27\u5e01\u4f53\u7cfb\u7684\u6539\u9769\u4e0e\u5168\u7403\u5408\u4f5c\u63d0\u4f9b\u65b0\u89c6\u89d2\u3002\u4e0e\u6b64\u540c\u65f6\uff0c\u672c\u6587\u8fd8\u5bf9\u4e2d\u56fd\u53c2\u4e0e\u8d85\u4e3b\u6743\u6570\u5b57\u8d27\u5e01\u6784\u5efa\u7684\u5fc5\u8981\u6027\u8fdb\u884c\u4e86\u5206\u6790\uff0c\u5e76\u4e3a\u4e2d\u56fd\u6570\u5b57\u8d27\u5e01\u7684\u53d1\u5c55\u63d0\u51fa\u4e86\u76f8\u5173\u5efa\u8bae\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n

<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
 <\/section>\n<\/section>\n<\/section>\n
\n
\n
 <\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n

\u4e00\u3001<\/strong>\u6570\u5b57\u8d27\u5e01\u7684\u5174\u8d77\uff1aBitcoin\u3001Libra\u4e0eRipple<\/strong><\/span><\/strong><\/p>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n

\n
\n
\n
 <\/section>\n<\/section>\n
\n

<\/section>\n

<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n

<\/span><\/strong><\/span><\/p>\n

\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u4f5c\u4e3a\u5168\u7403\u7ecf\u6d4e\u6cbb\u7406\u7684\u6838\u5fc3\uff0c\u56fd\u9645\u8d27\u5e01\u4f53\u7cfb\u7684\u6539\u9769\u4e0e\u8f6c\u578b\u59cb\u7ec8\u662f\u5404\u56fd\u7684\u91cd\u8981\u8bae\u9898\u3002\u4e0d\u8bba\u662f\u4ece\u56fd\u9645\u8d27\u5e01\u4f53\u7cfb\u7684\u6f14\u53d8\u5386\u53f2\u6765\u770b\uff0c\u8fd8\u662f\u4ece\u73b0\u5b9e\u53d1\u5c55\u7684\u9700\u6c42\u51fa\u53d1\uff0c\u521b\u5efa\u4e00\u79cd\u8d85\u8d8a\u67d0\u4e00\u56fd\u5bb6\u7684\u7ecf\u6d4e\u72b6\u51b5\u5e76\u80fd\u591f\u6709\u6548\u534f\u8c03\u5404\u65b9\u5229\u76ca\u7684\u8d85\u4e3b\u6743\u56fd\u9645\u8d27\u5e01\u662f\u89e3\u51b3\u8fd9\u4e00\u95ee\u9898\u8f83\u4e3a\u7406\u60f3\u7684\u65b9\u6848\u3002\u5bf9\u6b64\uff0c\u5df2\u6709\u8bf8\u591a\u4e13\u5bb6\u3001\u5b66\u8005\u63d0\u51fa\u4e86\u4e00\u7cfb\u5217\u9887\u5177\u521b\u9020\u6027\u7684\u6784\u60f3\u3002 \u4e3a\u6b64\uff0c\u56fd\u9645\u8d27\u5e01\u57fa\u91d1\u7ec4\u7ec7\u4e8e1969\u5e74\u5236\u5b9a\u5e76\u5b9e\u65bd\u4e86\u7279\u522b\u63d0\u6b3e\u6743\uff08Special Drawing Rights\uff0c\u7b80\u79f0SDR\uff09\u65b9\u6848\u3002 \u9274\u4e8eSDR\u7684\u4f18\u70b9\uff0c\u90e8\u5206\u4e13\u5bb6\u3001\u5b66\u8005\u547c\u5401\u901a\u8fc7\u5145\u5206\u53d1\u6325SDR\u7684\u4f5c\u7528\uff0c\u4f7f\u5176\u5411\u4e16\u754c\u8d27\u5e01\u7684\u65b9\u5411\u8fc8\u8fdb\u3002 \u7136\u800c\uff0c\u4ee5SDR\u4e3a\u4ee3\u8868\u7684\u5c1d\u8bd5\u7b26\u5408\u56fd\u9645\u8d27\u5e01\u4f53\u7cfb\u7684\u53d1\u5c55\u65b9\u5411\uff0c\u4f46\u662f\u7531\u4e8e\u5176\u5b58\u5728\u7f3a\u4e4f\u4fe1\u7528\u57fa\u7840\u3001\u4f7f\u7528\u8303\u56f4\u72ed\u7a84\u3001\u5171\u8bc6\u673a\u5236\u4e0d\u8db3\uff0c\u4ee5\u53ca\u53d7\u5230\u8bf8\u591a\u5916\u90e8\u56e0\u7d20\u5e72\u6270\u7b49\u95ee\u9898\uff0c\u5bfc\u81f4SDR\u65e0\u6cd5\u5145\u5206\u62c5\u5f53\u5b9e\u73b0\u8d85\u4e3b\u6743\u8d27\u5e01\u7684\u8d23\u4efb\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u4ee5\u533a\u5757\u94fe\u6280\u672f\u4e3a\u6838\u5fc3\u7684\u6570\u5b57\u8d27\u5e01\u5219\u4e3a\u8d85\u4e3b\u6743\u8d27\u5e01\u4f53\u7cfb\u7684\u6784\u5efa\u63d0\u4f9b\u4e86\u5168\u65b0\u89c6\u89d2\u3002\u6839\u636e\u56fd\u9645\u8d27\u5e01\u57fa\u91d1\u7ec4\u7ec7\u53d1\u5e03\u7684\u300a\u6570\u5b57\u5316\u8d27\u5e01\u7684\u5174\u8d77\u300b\u62a5\u544a\uff0c\u5f53\u524d\u7684\u8d27\u5e01\u5f62\u5f0f\u4e3b\u8981\u6709\u592e\u884c\u8d27\u5e01\uff08Central Bank Money\uff0cCBM\uff09\u3001B-money\u3001\u7535\u5b50\u8d27\u5e01\uff08e-money\uff09\u3001I-Money\u4e0e\u52a0\u5bc6\u8d27\u5e01\u3002 \u5176\u4e2d\uff0c\u52a0\u5bc6\u8d27\u5e01\u4e0eI-money\u4fbf\u662f\u57fa\u4e8e\u533a\u5757\u94fe\u6280\u672f\u800c\u5f62\u6210\u7684\u8d27\u5e01\u5f62\u5f0f\uff0c\u5e76\u4e14\u533a\u5757\u94fe\u6280\u672f\u4e5f\u540c\u6837\u53ef\u4ee5\u8fd0\u7528\u4e8e\u592e\u884c\u6570\u5b57\u8d27\u5e01\u3001E-money\u4e0eB-money\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u5b9e\u9645\u4e0a\uff0c\u533a\u5757\u94fe\u6280\u672f\u6700\u521d\u662f\u4f5c\u4e3a\u6bd4\u7279\u5e01\u7684\u5e95\u5c42\u6280\u672f\u800c\u4ea7\u751f\u7684\uff0c\u6bd4\u7279\u5e01\u7f51\u7edc\u7684\u4e0a\u7ebf\u4e5f\u6807\u5fd7\u7740\u533a\u5757\u94fe\u6280\u672f\u5e94\u7528\u7684\u843d\u5730\u3002 \u4f5c\u4e3a\u4e00\u79cd\u5177\u6709\u6846\u67b6\u6027\u7684\u5e95\u5c42\u6280\u672f\uff0c\u533a\u5757\u94fe\u662f\u901a\u8fc7\u52a0\u5bc6\u94fe\u5f0f\u533a\u5757\u7ed3\u6784\u6765\u9a8c\u8bc1\u4e0e\u5b58\u50a8\u6570\u636e\uff0c\u5229\u7528\u5206\u5e03\u5f0f\u7f51\u7edc\u548c\u5171\u8bc6\u7b97\u6cd5\u6765\u751f\u6210\u548c\u66f4\u65b0\u6570\u636e\uff0c\u5e76\u5d4c\u5165\u81ea\u52a8\u5316\u811a\u672c\u4ee3\u7801\uff08\u667a\u80fd\u5408\u7ea6\uff09\u6765\u7f16\u7a0b\u548c\u64cd\u4f5c\u6570\u636e\uff0c\u4ece\u800c\u5b9e\u73b0\u591a\u4e2d\u5fc3\u5316\u67b6\u6784\u6784\u5efa\u7684\u4e00\u79cd\u65b0\u578b\u6280\u672f\u3002 \u4ece\u5e94\u7528\u5c42\u6b21\u6765\u770b\uff0c\u533a\u5757\u94fe\u53ef\u4ee5\u5206\u4e3a\u6570\u5b57\u8d27\u5e01\u5e94\u7528\u5c42\u7ea7\u7684\u533a\u5757\u94fe\u6280\u672f1.0\uff08\u4ee5\u6bd4\u7279\u5e01\u4e3a\u4ee3\u8868\uff09\u3001\u6570\u5b57\u8d27\u5e01\u4e0e\u667a\u80fd\u5408\u7ea6\u76f8\u7ed3\u5408\u5e94\u7528\u5c42\u7ea7\u7684\u533a\u5757\u94fe\u6280\u672f2.0\uff08\u4ee5\u592a\u574a\u4e3a\u4ee3\u8868\uff09\u4ee5\u53ca\u8d85\u8d8a\u8d27\u5e01\u3001\u91d1\u878d\u548c\u5e02\u573a\u5e94\u7528\u7684\u533a\u5757\u94fe\u6280\u672f3.0\u3002 \u5176\u4e2d\uff0c\u533a\u5757\u94fe1.0\u30012.0\u4e0e\u5f53\u4e0b\u7684\u6570\u5b57\u8d27\u5e01\u6709\u7740\u7d27\u5bc6\u7684\u8054\u7cfb\uff0c\u5e76\u4e14\u8fd8\u4e3a\u70b9\u5bf9\u70b9\u4ea4\u6613\u7684\u652f\u4ed8\u4e0e\u6e05\u7b97\u7cfb\u7edf\u63d0\u4f9b\u91cd\u8981\u7684\u6280\u672f\u652f\u6491\u3002\u9274\u4e8e\u5f53\u524d\u6570\u5b57\u8d27\u5e01\u4ee5\u53ca\u4ea4\u6613\u5e73\u53f0\u79cd\u7c7b\u7e41\u591a\u7684\u60c5\u51b5\uff0c\u672c\u6587\u4e3b\u8981\u5c06\u5bf9\u4ee5\u6bd4\u7279\u5e01\u4e3a\u4ee3\u8868\u7684\u52a0\u5bc6\u8d27\u5e01\u3001\u4ee5Libra\u4e3a\u4ee3\u8868\u7684\u7a33\u5b9a\u5e01\u4e0e\u4ee5Ripple\u4e3a\u4ee3\u8868\u7684\u652f\u4ed8\u6e05\u7b97\u7f51\u7edc\u8fdb\u884c\u5206\u6790\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\uff08\u4e00\uff09\u6bd4\u7279\u5e01\u4e3a\u4ee3\u8868\u7684\u52a0\u5bc6\u8d27\u5e01<\/span><\/strong><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u6bd4\u7279\u5e01\u4ea7\u751f\u4e8e\u521b\u9020\u533a\u5757\u7684\u201c\u6316\u77ff\u201d\u8fc7\u7a0b\uff0c\u5373\u6bd4\u7279\u5e01\u662f\u4e3a\u4e86\u9a71\u52a8\u6bd4\u7279\u5e01\u533a\u5757\u94fe\u7f51\u7edc\u800c\u8bbe\u8ba1\u7684\u4e00\u79cd\u5956\u52b1\u673a\u5236\u3002\u5b9e\u9645\u4e0a\uff0c\u533a\u5757\u94fe\u672c\u8d28\u662f\u4e00\u4e2a\u4e92\u76f8\u9a8c\u8bc1\u7684\u516c\u5f00\u8bb0\u8d26\u7cfb\u7edf\uff0c\u800c\u5404\u4e2a\u5206\u5e03\u8282\u70b9\u5219\u57fa\u4e8e\u81ea\u8eab\u7b97\u529b\u5bf9\u6570\u636e\u8fdb\u884c\u8bb0\u5f55\u4e0e\u9a8c\u8bc1\u3002\u4e3a\u4e86\u9f13\u52b1\u6240\u6709\u8282\u70b9\u53c2\u4e0e\u533a\u5757\u94fe\u7cfb\u7edf\u7684\u6570\u636e\u8bb0\u5f55\u4e0e\u9a8c\u8bc1\uff0c\u533a\u5757\u94fe\u7f51\u7edc\u5c06\u6bcf\u4e2a\u533a\u5757\u7684\u7b2c\u4e00\u7b14\u4ea4\u6613\u8fdb\u884c\u4e86\u7279\u6b8a\u5316\u5904\u7406\uff0c\u5373\u9996\u4e2a\u641c\u7d22\u5230\u7b26\u5408\u76ee\u6807\u968f\u673a\u6563\u5217\u503c\u7684\u968f\u673a\u6570\uff0c\u5e76\u4e14\u5c06\u6b64\u4fe1\u606f\u6253\u5305\u6dfb\u52a0\u5230\u6bd4\u7279\u5e01\u7cfb\u7edf\u7684\u8282\u70b9\u5c06\u83b7\u5f97\u6bd4\u7279\u5e01\u3002\u56e0\u6b64\uff0c\u6bd4\u7279\u5e01\u7684\u53d1\u884c\u91c7\u53d6\u4e86\u5de5\u4f5c\u91cf\u8bc1\u660e\uff08Proof of Work\uff09\u673a\u5236\uff0c\u5927\u81f4\u4e3a\u201c\u7528\u6237\u8d21\u732e\u7b97\u529b\uff0c\u8fdb\u884c\u6570\u6253\u5305\u548c\u54c8\u5e0c\uff08Hash\uff09\u8fd0\u7b97\uff0c\u6bd4\u7279\u5e01\u7f51\u7edc\u5219\u5c06\u6bd4\u7279\u5e01\u4f5c\u4e3a\u5bf9\u9996\u4e2a\u6316\u51fa\u533a\u5757\u77ff\u5de5\u7684\u5956\u52b1\u201d\u3002\u5728\u6d41\u901a\u5c42\u9762\uff0c\u6bd4\u7279\u5e01\u5219\u4f9d\u8d56\u4e8e\u975e\u5bf9\u79f0\u5bc6\u7801\u7b97\u6cd5\u548c\u5168\u7f51\u201c\u516c\u5e03\u2014\u786e\u8ba4\u201d\u673a\u5236\uff0c\u5373\u4ea4\u6613\u53cc\u65b9\u9700\u5728\u6bd4\u7279\u5e01\u7f51\u7edc\u4e0a\u5404\u81ea\u5f00\u8bbe\u8d26\u6237\uff0c\u4ed8\u6b3e\u4eba\u7528\u81ea\u5df1\u7684\u79c1\u94a5\u5bf9\u8d44\u91d1\u6570\u76ee\u548c\u6536\u6b3e\u4eba\u7684\u516c\u94a5\u8fdb\u884c\u7b7e\u540d\u9a8c\u8bc1\uff0c\u5e76\u5c06\u6b64\u4ea4\u6613\u4fe1\u606f\u5411\u5168\u7f51\u901a\u62a5\uff0c\u5728\u7ecf\u8fc7\u8db3\u591f\u591a\u7684\u8282\u70b9\uff08\u901a\u5e38\u662f6\u4e2a\u8282\u70b9\uff09\u786e\u8ba4\u540e\u6b64\u4ea4\u6613\u5c06\u88ab\u7eb3\u5165\u533a\u5757\u4e4b\u4e2d\uff0c\u6536\u6b3e\u4eba\u5219\u901a\u8fc7\u9a8c\u8bc1\u83b7\u6089\u4ed8\u6b3e\u4eba\u5411\u5176\u652f\u4ed8\u6b3e\u9879\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u5c3d\u7ba1\u6bd4\u7279\u5e01\u80fd\u591f\u5728\u4e00\u5b9a\u7a0b\u5ea6\u4e0a\u89e3\u51b3\u4ea4\u6613\u7684\u4fe1\u7528\u95ee\u9898\uff0c\u5e76\u5728\u67d0\u4e9b\u573a\u666f\u4e2d\u53d1\u6325\u7740\u4ea4\u6613\u5a92\u4ecb\u7684\u4f5c\u7528\uff0c\u4f46\u6bd4\u7279\u5e01\u5b58\u5728\u7740\u8bf8\u591a\u4e0d\u786e\u5b9a\u6027\u4e0e\u6f5c\u5728\u98ce\u9669\u3002\u4e3a\u6b64\uff0c\u8bf8\u591a\u4e13\u5bb6\u4e0e\u5b66\u8005\u5bf9\u6bd4\u7279\u5e01\u63d0\u51fa\u4e86\u8d28\u7591\u3002\u7f57\u4f2f\u7279\u00b7\u5e2d\u52d2\uff08Robert Shiller\uff09\u3001\u4fdd\u7f57\u00b7\u514b\u9c81\u683c\u66fc\uff08Paul Krugman\uff09\u3001\u7406\u67e5\u5fb7\u00b7\u585e\u52d2\uff08Richard Thaler\uff09\u4ee5\u53ca\u7ea6\u745f\u592b\u00b7\u65af\u8482\u683c\u5229\u8328\uff08Joseph Stiglitz\uff09\u7b49\u8bfa\u8d1d\u5c14\u7ecf\u6d4e\u5b66\u5956\u5f97\u4e3b\u90fd\u8ba4\u4e3a\uff0c\u7531\u4e8e\u53d7\u5176\u672c\u8d28\u548c\u5e02\u573a\u56e0\u7d20\u7b49\u5f71\u54cd\uff0c\u6bd4\u7279\u5e01\u66f4\u591a\u662f\u4e00\u79cd\u201c\u6ce1\u6cab\u201d\u3002\u540c\u65f6\uff0c\u5fb7\u56fd\u660e\u65af\u7279\u5927\u5b66\u6559\u6388\u8d56\u7eb3\u00b7\u4f2f\u9ea6\uff08Rainer B\u00f6hme\uff09\u3001\u7f8e\u56fd\u5361\u5185\u57fa\u6885\u9686\u5927\u5b66\u6559\u6388\u5c3c\u53e4\u62c9\u65af\u00b7\u514b\u91cc\u65af\u5ef7\uff08Nicolas Christin\uff09\u3001\u7f8e\u56fd\u54c8\u4f5b\u5546\u5b66\u9662\u6559\u6388\u672c\u6770\u660e\u00b7\u57c3\u5fb7\u5c14\u66fc\uff08Benjamin Edelman\uff09\u3001\u7f8e\u56fd\u4fc4\u514b\u62c9\u8377\u9a6c\u5dde\u5854\u5c14\u8428\u5927\u5b66\u52a9\u7406\u6559\u6388\u6cf0\u52d2\u00b7\u6469\u5c14\uff08Tyler Moore\uff09\u5728\u7ecf\u6d4e\u5b66\u9886\u57df\u6700\u6709\u5f71\u54cd\u529b\u7684\u9876\u7ea7\u671f\u520a\u300a\u7ecf\u6d4e\u5c55\u671b\u6742\u5fd7\u300b\u53d1\u8868\u8bba\u6587\uff0c\u5bf9\u6bd4\u7279\u5e01\u6240\u5b58\u5728\u7684\u5e02\u573a\u98ce\u9669\u3001\u5bf9\u624b\u98ce\u9669\u3001\u64cd\u4f5c\u98ce\u9669\u4ee5\u53ca\u9690\u79c1\u76f8\u5173\u98ce\u9669\u7b49\u8fdb\u884c\u4e86\u7cfb\u7edf\u5206\u6790\u3002 \u6b64\u5916\uff0c\u4e2d\u56fd\u4eba\u6c11\u94f6\u884c\u6570\u5b57\u8d27\u5e01\u7814\u7a76\u6240\u524d\u6240\u957f\u59da\u524d\u5219\u4ece\u4ef7\u503c\u7a33\u5b9a\u6027\u3001\u516c\u5171\u7ecf\u6d4e\u5b66\u3001\u4ea4\u6613\u8d39\u7528\u7406\u8bba\u7b49\u89c6\u89d2\u5bf9\u6bd4\u7279\u5e01\u7b49\u52a0\u5bc6\u8d27\u5e01\u8fdb\u884c\u4e86\u8ba8\u8bba\uff0c\u5e76\u8ba4\u4e3a\u5b83\u4eec\u65e0\u6cd5\u6210\u4e3a\u771f\u6b63\u7684\u8d27\u5e01\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u5177\u4f53\u6765\u770b\uff0c\u6bd4\u7279\u5e01\u4e3b\u8981\u5b58\u5728\u56db\u4e2a\u65b9\u9762\u7684\u95ee\u9898\u3002\u9996\u5148\uff0c\u6bd4\u7279\u5e01\u4ec5\u662f\u4e00\u79cd\u7b97\u6cd5\u5de5\u4f5c\u91cf\u6216\u6240\u6709\u6743\u7684\u8bc1\u660e\uff0c\u800c\u8fd9\u4e00\u5de5\u4f5c\u91cf\u8bc1\u660e\u673a\u5236\u610f\u5473\u7740\u5728\u6bd4\u7279\u5e01\u4ea7\u751f\u8fc7\u7a0b\u4e2d\u5e76\u4e0d\u5b58\u5728\u8d44\u4ea7\u7684\u79ef\u7d2f\uff0c\u56e0\u800c\u65e0\u6cd5\u901a\u8fc7\u8d44\u4ea7\u4e70\u5356\u6765\u7ef4\u6301\u81ea\u8eab\u7684\u4ef7\u683c\u3002\u5176\u6b21\uff0c\u5c3d\u7ba1\u6bd4\u7279\u5e01\u91c7\u53d6\u4e86\u5b9a\u989d\u53d1\u884c\u673a\u5236\u6765\u7ef4\u6301\u81ea\u8eab\u4ef7\u683c\u7684\u603b\u4f53\u7a33\u5b9a\uff0c\u4f46\u662f\u8fd9\u4e00\u5c01\u95ed\u7684\u3001\u673a\u68b0\u7684\u53d1\u884c\u65b9\u5f0f\u8131\u79bb\u5e02\u573a\u5b9e\u9645\u9700\u6c42\u53d8\u5316\uff0c\u65e0\u6cd5\u6839\u636e\u73b0\u5b9e\u7ecf\u6d4e\u53d1\u5c55\u8fdb\u884c\u53ca\u65f6\u6709\u6548\u7684\u8c03\u6574\u3002 \u518d\u6b21\uff0c\u6bd4\u7279\u5e01\u4ec5\u63d0\u4f9b\u4e86\u8d27\u5e01\u6307\u6807\u7684\u7c97\u7565\u8861\u91cf\u6807\u51c6\uff0c\u7f3a\u4e4f\u7ef4\u62a4\u5b9e\u9645\u8d27\u5e01\u4ea4\u6362\u4ef7\u503c\u7684\u8c03\u8282\u673a\u5236\u548c\u8d27\u5e01\u53d1\u884c\u7684\u8d23\u4efb\u4e3b\u4f53\u3002\u56e0\u6b64\uff0c\u6bd4\u7279\u5e01\u96be\u4ee5\u907f\u514d\u56e0\u5e02\u573a\u60c5\u7eea\u53d8\u52a8\u800c\u5bfc\u81f4\u4ef7\u683c\u5267\u70c8\u6ce2\u52a8\uff0c\u4e5f\u65e0\u6cd5\u5bf9\u5b9e\u4f53\u7ecf\u6d4e\u548c\u91d1\u878d\u7cfb\u7edf\u4ea7\u751f\u957f\u671f\u7a33\u5b9a\u7684\u4f18\u5316\u4f5c\u7528\u3002 \u73b0\u884c\u7684\u6bd4\u7279\u5e01\u751f\u6001\u5708\u66f4\u662f\u51b3\u5b9a\u4e86\u6bd4\u7279\u5e01\u7684\u6295\u673a\u6027\u8d28\u8fdc\u8d85\u5176\u73b0\u5b9e\u7684\u4f7f\u7528\u4ef7\u503c\u3002 \u6700\u540e\uff0c\u6bd4\u7279\u5e01\u7684\u8d26\u6237\u91c7\u53d6\u533f\u540d\u5236\uff0c\u53e0\u52a0\u53bb\u4e2d\u6027\u5316\u7684\u7279\u5f81\u548c\u5206\u5e03\u5f0f\u670d\u52a1\u5668\u7684\u72ec\u7279\u4f18\u52bf\uff0c\u5bfc\u81f4\u6bd4\u7279\u5e01\u7684\u4ea4\u6613\u4fe1\u606f\u65e0\u6cd5\u4e3a\u91d1\u878d\u90e8\u95e8\u6240\u76d1\u7ba1\u548c\u8ffd\u8e2a\u3002\u56e0\u6b64\uff0c\u6bd4\u7279\u5e01\u81ea\u8eab\u7684\u7f3a\u9677\u4ee5\u53ca\u76d1\u7ba1\u7684\u7f3a\u5931\uff0c\u4f7f\u5f97\u5b83\u4eec\u5f80\u5f80\u88ab\u72af\u7f6a\u5206\u5b50\u6240\u5229\u7528\uff0c\u6210\u4e3a\u6697\u7f51\u4ea4\u6613\u3001\u91d1\u878d\u8bc8\u9a97\u548c\u5e02\u573a\u6295\u673a\u7684\u5de5\u5177\u3002 \u663e\u7136\uff0c\u4f5c\u4e3a\u533a\u5757\u94fe\u6280\u672f1.0\u627f\u8f7d\u7684\u521d\u7ea7\u4f53\u73b0\uff0c\u6bd4\u7279\u5e01\u81ea\u8eab\u6240\u5b58\u5728\u7684\u8bf8\u591a\u4e0d\u786e\u5b9a\u6027\u548c\u9690\u85cf\u98ce\u9669\uff0c\u4f7f\u5176\u65e0\u6cd5\u6210\u4e3a\u771f\u6b63\u7684\u8d27\u5e01\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\uff08\u4e8c\uff09\u4ee5Libra\u4e3a\u4ee3\u8868\u7684\u7a33\u5b9a\u5e01<\/span><\/strong><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
Libra\u7684\u63a8\u51fa\u662f\u6570\u5b57\u8d27\u5e01\u5b9e\u73b0\u91cd\u5927\u7a81\u7834\u7684\u6807\u5fd7\u6027\u4e8b\u4ef6\u4e4b\u4e00\uff0c\u672c\u6587\u4e3b\u8981\u4ece\u6280\u672f\u8bbe\u8ba1\u548c\u5236\u5ea6\u5b89\u6392\u4e24\u4e2a\u89d2\u5ea6\u5ba1\u89c6Libra\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u7b2c\u4e00\uff0c\u4ece\u6280\u672f\u8bbe\u8ba1\u4e0a\u6765\u770b\uff0cLibra\u7684\u6838\u5fc3\u6280\u672f\u4e3b\u8981\u5206\u4e3aMove\u7f16\u7a0b\u8bed\u8a00\u3001\u62dc\u5360\u5ead\u5171\u8bc6\u7b97\u6cd5\uff08BFT\uff09\u548c\u6885\u514b\u5c14\u6811\u6570\u636e\u5b58\u50a8\u7ed3\u6784\u4e09\u4e2a\u65b9\u9762\u3002Libra\u6240\u91c7\u53d6\u7684Move\u7f16\u7a0b\u8bed\u8a00\u662f\u4e00\u79cd\u80fd\u591f\u5b9e\u73b0\u81ea\u5b9a\u4e49\u7684\u4ea4\u6613\u903b\u8f91\u548c\u201c\u667a\u80fd\u5408\u7ea6\u201d\u3002\u800c\u8fd9\u4e00\u7f16\u7a0b\u8bed\u8a00\u4e0d\u4ec5\u80fd\u591f\u4e3a\u53c2\u4e0e\u8005\u63d0\u4f9b\u8f83\u4e3a\u53cb\u597d\u3001\u4fbf\u6377\u7684\u5f00\u53d1\u73af\u5883\uff0c\u800c\u4e14\u8fd8\u80fd\u591f\u901a\u8fc7\u6570\u5b57\u8d44\u4ea7\u7684\u673a\u5236\u8bbe\u8ba1\u6765\u786e\u4fdd\u667a\u80fd\u5408\u7ea6\u5f00\u53d1\u4e0e\u5e94\u7528\u7684\u5b89\u5168\u6027\u3002\u540c\u65f6\uff0cLibra\u91c7\u53d6\u4e86\u57fa\u4e8eLibraBFT\u5171\u8bc6\u534f\u8bae\u7684BFT\u673a\u5236\uff0c\u6765\u5b9e\u73b0\u6240\u6709\u9a8c\u8bc1\u8005\u8282\u70b9\u5c06\u8981\u6267\u884c\u7684\u4ea4\u6613\u53ca\u5176\u6267\u884c\u987a\u5e8f\u8fbe\u6210\u4e00\u81f4\uff0c\u8fdb\u800c\u5927\u5927\u63d0\u5347\u4e86\u6574\u4f53\u7f51\u7edc\u8fd0\u884c\u7684\u7a33\u5b9a\u6027\u3002 \u6b64\u5916\uff0cLibra\u6240\u91c7\u53d6\u7684\u6885\u514b\u5c14\u6811\u7684\u6570\u636e\u5b58\u50a8\u7ed3\u6784\u4e0d\u4ec5\u63d0\u5347\u4e86\u5bf9\u6570\u636e\u7684\u68c0\u6d4b\u6548\u7387\uff0c\u5e76\u4e14\u8fd8\u5141\u8bb8\u8bbf\u95ee\u7a0b\u5e8f\u4ece\u4efb\u4f55\u65f6\u95f4\u70b9\u8bfb\u53d6\u4efb\u4f55\u6570\u636e\u3002\u56e0\u6b64\uff0cLibra\u5728\u7f16\u7a0b\u8bed\u8a00\u548c\u5e73\u53f0\u67b6\u6784\u65b9\u9762\u8fdb\u884c\u4e86\u6df1\u5ea6\u7684\u6280\u672f\u4f18\u5316\uff0c\u8fdb\u800c\u80fd\u591f\u627f\u8f7d\u66f4\u9ad8\u7684\u4ea4\u6613\u91cf\uff0c\u5b9e\u73b0\u5feb\u901f\u5230\u8d26\u670d\u52a1\uff0c\u4fdd\u8bc1\u66f4\u597d\u7684\u5b89\u5168\u6027\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u7b2c\u4e8c\uff0c\u4ece\u5236\u5ea6\u5b89\u6392\u4e0a\u6765\u770b\uff0cLibra\u5177\u6709\u4ee5\u4e0b\u51e0\u65b9\u9762\u7684\u7279\u5f81\u3002\u9996\u5148\uff0c\u5728\u4fe1\u7528\u80cc\u4e66\u65b9\u9762\uff0cLibra\u4ee5\u7f8e\u5143\u3001\u82f1\u9551\u3001\u6b27\u5143\u548c\u65e5\u5143\u7ec4\u6210\u7684\u4e00\u7bee\u5b50\u8d27\u5e01\u4e0e\u5177\u5907\u9ad8\u6d41\u52a8\u6027\u7684\u77ed\u671f\u653f\u5e9c\u503a\u5238\u4e3a\u4e3b\u7684\u91d1\u878d\u8d44\u4ea7\u4e3a\u8d44\u4ea7\u50a8\u5907\uff0c\u5e76\u4e14\u6240\u6709\u7684\u8d44\u4ea7\u50a8\u5907\u7531\u5206\u5e03\u5728\u5168\u7403\u5404\u5730\u7684\u5177\u6709\u6295\u8d44\u7ea7\u4fe1\u7528\u8bc4\u4ef7\u7684\u6258\u7ba1\u673a\u6784\u8d1f\u8d23\u6301\u6709\u548c\u76d1\u7ba1\u3002\u5176\u6b21\uff0c\u5728\u8fd0\u884c\u7ba1\u7406\u65b9\u9762\uff0c\u867d\u7136Libra\u7531Facebook\u53d1\u8d77\uff0c\u4f46\u662f\u5176\u53d1\u884c\u4e0e\u7ba1\u7406\u4e3b\u8981\u7531\u8986\u76d6\u652f\u4ed8\u3001\u6280\u672f\u548c\u4ea4\u6613\u3001\u7535\u4fe1\u3001\u533a\u5757\u94fe\u3001\u98ce\u9669\u6295\u8d44\u3001\u94f6\u884c\u7b49\u591a\u5bb6\u4f01\u4e1a\u7ec4\u6210\u7684\u975e\u8425\u5229\u6027\u7684Libra\u534f\u4f1a\u53ca\u5176\u7406\u4e8b\u4f1a\u8d1f\u8d23\u5b9e\u65bd\uff0c\u5e76\u4e14\u5404\u4e2a\u53d1\u884c\u4e3b\u4f53\u95f4\u53ef\u4ee5\u76f8\u4e92\u5236\u7ea6\u3002 \u76ee\u524d\uff0cLibra\u534f\u4f1a\u5171\u670928\u540d\u6210\u5458\uff0c\u5176\u4e2d\u5305\u62ecVisa\u3001PayPal\u3001Vodafone\u3001Uber\u3001Andreessen Horowitz\u7b49\u8bf8\u591a\u8be5\u9886\u57df\u7684\u9f99\u5934\u4f01\u4e1a\u3002\u518d\u6b21\uff0c\u5728\u6d41\u901a\u8303\u56f4\u65b9\u9762\uff0cFacebook\u672c\u8eab\u6240\u62e5\u6709\u7684\u5e9e\u5927\u7528\u6237\u6570\u91cf\u80fd\u591f\u4e3aLibra\u7684\u6d41\u901a\u5960\u5b9a\u57fa\u7840\uff0c\u5e76\u4e14Libra\u534f\u4f1a\u6210\u5458\u6240\u63d0\u4f9b\u7684\u6210\u719f\u6280\u672f\u5e73\u53f0\u8fd8\u5c06\u4e3aLibra\u63d0\u4f9b\u66f4\u4e3a\u5e7f\u9614\u7684\u5e94\u7528\u573a\u666f\u3002\u6700\u540e\uff0c\u5728\u76d1\u7ba1\u65b9\u9762\uff0cLibra\u91c7\u7528\u4e86\u96c6\u4e2d\u5f0f\u67b6\u6784\uff0c\u6240\u6709\u4ea4\u6613\u7531\u4e2d\u592e\u6388\u6743\u8282\u70b9\u53d1\u8d77\uff0c\u751f\u6210\u5305\u542b\u4ea4\u6613\u65f6\u95f4\u3001\u5730\u70b9\u548c\u65b9\u5f0f\u4fe1\u606f\u7684\u6c38\u4e45\u8bb0\u5f55\u3002\u56e0\u6b64\uff0cLibra\u4e5f\u80fd\u591f\u6ee1\u8db3\u76f8\u5173\u90e8\u95e8\u5bf9\u6d17\u94b1\u3001\u907f\u7a0e\u7b49\u8fdd\u6cd5\u884c\u4e3a\u8fdb\u884c\u76d1\u7ba1\u7684\u9700\u6c42\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u53ef\u89c1\uff0c\u53e0\u52a0Facebook\u7684\u5e9e\u5927\u7528\u6237\u57fa\u7840\u4e0eLibra\u534f\u4f1a\u7684\u4e30\u5bcc\u5e94\u7528\u751f\u6001\u7684Libra\u4e0d\u4ec5\u5b9e\u73b0\u4e86\u533a\u5757\u94fe\u6280\u672f\u5e94\u7528\u7684\u5347\u7ea7\uff0c\u800c\u4e14\u8fdb\u4e00\u6b65\u5b8c\u5584\u4e86\u6570\u5b57\u8d27\u5e01\u7684\u53d1\u884c\u673a\u5236\u3002\u56e0\u6b64\uff0c\u76f8\u8f83\u4e8e\u6bd4\u7279\u5e01\u7b49\u52a0\u5bc6\u8d27\u5e01\uff0c\u7531Facebook\u5f00\u53d1\u7684\u7a33\u5b9a\u5e01Libra\u7684\u53d1\u5c55\u65b9\u5411\u66f4\u80fd\u4ee3\u8868\u6570\u5b57\u8d27\u5e01\u7684\u672a\u6765\u53d1\u5c55\u8d8b\u52bf\u3002\u7136\u800c\uff0cLibra\u76ee\u524d\u5e76\u672a\u51fa\u53f0\u8be6\u7ec6\u7684\u89c4\u5219\u6765\u63cf\u8ff0\u5176\u8fd0\u884c\u673a\u5236\uff0cFacebook\u7684\u6570\u636e\u6cc4\u9732\u4e8b\u4ef6\u5bf9Libra\u7684\u5b89\u5168\u6027\u9020\u6210\u4e86\u4e00\u5b9a\u7684\u51b2\u51fb\uff0c\u5e76\u4e14\u7f8e\u56fd\u3001\u6cd5\u56fd\u7b49\u90e8\u5206\u56fd\u5bb6\u4e5f\u5bf9\u6b64\u4e88\u4ee5\u9ad8\u5ea6\u5173\u6ce8\u3002 \u56e0\u6b64\uff0cLibra\u7684\u53d1\u884c\u8ba1\u5212\u662f\u5426\u80fd\u591f\u5b9e\u73b0\u8fd8\u6709\u5f85\u89c2\u5bdf\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\uff08\u4e09\uff09\u4ee5Ripple\u4e3a\u4ee3\u8868\u7684\u652f\u4ed8\u6e05\u7b97\u7f51\u7edc<\/span><\/strong><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u533a\u5757\u94fe\u6280\u672f\u5bf9\u4e8e\u91d1\u878d\u4ea4\u6613\u673a\u6784\u4e0e\u652f\u4ed8\u5e73\u53f0\u7cfb\u7edf\u540c\u6837\u5177\u6709\u91cd\u8981\u5f71\u54cd\u3002\u4ee5\u57fa\u4e8e\u591a\u4e2d\u5fc3\u5316\u7406\u5ff5\u3001\u7528\u4e8e\u652f\u4ed8\u548c\u6e05\u7b97\u7684Ripple\u4e3a\u4f8b\uff0c\u8be5\u5e73\u53f0\u662f\u7531\u745e\u6ce2\u5e01\uff08XRP\uff09\u3001\u7f51\u5173\uff08Gateway\uff09\u548cRipple\u652f\u4ed8\u534f\u8bae\uff08RTXP\uff09\u6784\u6210\u7684\uff08\u89c1\u56fe1\uff09\u3002\u5728\u4f7f\u7528\u65f6\uff0c\u7528\u6237\u9700\u5148\u5f00\u8bbe\u4e00\u4e2aRipple\u8d26\u6237\u3002\u5728\u83b7\u5f97\u8d26\u6237\u7684\u79c1\u94a5\u540e\uff0c\u7528\u6237\u53ef\u8bbe\u7f6e\u7f51\u5173\u4fe1\u4efb\uff0c\u5e76\u5728\u8be5\u7f51\u5173\u4e2d\u8fdb\u884c\u652f\u4ed8\u548c\u4ea4\u6613\u3002 \u57fa\u4e8e\u81ea\u8eab\u7684\u5171\u8bc6\u7b97\u6cd5\uff08Ripple Consensus Protocol\uff09\uff0cRipple\u80fd\u591f\u4ece\u6240\u6709\u63a5\u5165\u7cfb\u7edf\u7684\u8282\u70b9\u4e2d\u81ea\u52a8\u63a5\u6536\u603b\u8d26\u672c\u4ea4\u6613\u8bb0\u5f55\u548c\u9a8c\u8bc1\u7cfb\u7edf\u4e2d\u7684\u5404\u7c7b\u4ea4\u6613\uff0c\u80fd\u591f\u5b8c\u6210\u77ac\u65f6\u3001\u70b9\u5bf9\u70b9\u7684\u652f\u4ed8\u548c\u8f6c\u8d26\uff0c\u4e0d\u9700\u8981\u6e05\u7b97\u4e2d\u5fc3\u3001\u94f6\u884c\u7b49\u4e2d\u95f4\u91d1\u878d\u673a\u6784\u7684\u4ecb\u5165\u3002 <\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n

\"\u3010IPE\u7814\u7a76\u3011\u533a\u5757\u94fe\u53ca\u8d85\u4e3b\u6743\u6570\u5b57\u8d27\u5e01\u89c6\u89d2\u4e0b\u7684\u56fd\u9645\u8d27\u5e01\u4f53\u7cfb\u6539\u9769\u2014\u2014\u4ee5E-SDR\u7684\u521b\u65b0\u4e0e\u5c1d\u8bd5\u4e3a\u4f8b\"<\/p>\n

\u56fe<\/span>1  R<\/span><\/strong>ipple\u7cfb\u7edf<\/span><\/span><\/strong>\u4ea4\u6d41<\/span><\/span><\/strong>\u6d41\u7a0b\u793a\u610f\u56fe<\/span><\/span><\/strong><\/p>\n


<\/span><\/span><\/strong><\/p>\n

\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u540c\u65f6\uff0cRipple\u7684\u63a5\u5165\u95e8\u69db\u76f8\u5bf9\u4e8eSWIFT\u3001CLS\u7b49\u7ed3\u7b97\u7cfb\u7edf\u90fd\u8f83\u4f4e\uff0c\u51e0\u4e4e\u6240\u6709\u91d1\u878d\u673a\u6784\u90fd\u53ef\u63a5\u5165\u3002\u6b64\u5916\uff0c\u5c3d\u7ba1Ripple\u4e0d\u6536\u53d6\u4efb\u4f55\u8f6c\u8d26\u670d\u52a1\u8d39\u7528\uff0c\u4f46\u4e3a\u4e86\u4fdd\u969c\u7cfb\u7edf\u7684\u5b89\u5168\u8fd0\u8f6c\uff0c\u8981\u6c42\u6bcf\u4e2aRipple\u8d26\u6237\u81f3\u5c11\u670920\u4e2a\u745e\u6ce2\u5e01\u4f5c\u4e3a\u6b63\u5e38\u4ea4\u6613\u7684\u9a8c\u8bc1\u65b9\u5f0f\uff0c\u5e76\u4e14\u7528\u6237\u6bcf\u6b21\u4ea4\u6613\u90fd\u6d88\u8017\u5341\u4e07\u5206\u4e4b\u4e00\u7684XRP\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u76ee\u524d\uff0cRipple\u80fd\u591f\u652f\u6301\u5168\u7403\u8303\u56f4\u5185\u4efb\u610f\u8d27\u5e01\u7684\u539f\u5b50\u7ea7\u4ea4\u6613\uff0c\u5373Ripple\u4e0d\u4ec5\u652f\u6301\u7f8e\u5143\u3001\u6b27\u5143\u3001\u4eba\u6c11\u5e01\u3001\u65e5\u5143\u7b49\u4e3b\u6d41\u7684\u4e3b\u6743\u4fe1\u7528\u8d27\u5e01\u4e4b\u95f4\u7684\u7ed3\u7b97\uff0c\u4e5f\u652f\u6301\u5305\u62ec\u6bd4\u7279\u5e01\u7b49\u6570\u5b57\u8d27\u5e01\u548c\u5546\u6237\u79ef\u5206\u7b49\u5728\u5185\u7684\u6709\u4ef7\u7269\u7684\u4ea4\u6613\u3002\u7528\u6237\u53ef\u4ee5\u7528\u4efb\u4f55\u4e00\u79cd\u7c7b\u578b\u7684\u8d27\u5e01\uff0c\u5411\u4ed6\u4eba\u652f\u4ed8\u53e6\u5916\u4efb\u4f55\u4e00\u79cd\u7c7b\u578b\u7684\u8d27\u5e01\uff0c\u4ece\u800c\u5b9e\u73b0\u6240\u6709\u8d27\u5e01\u7684\u5168\u7f51\u6d41\u901a\u3002\u5c3d\u7ba1Ripple\u7cfb\u7edf\u81ea\u8eab\u4ecd\u5b58\u5728\u8bf8\u5982\u5206\u5e03\u5f0f\u5b58\u7591\u3001\u5e73\u53f0\u900f\u660e\u5ea6\u4f4e\u3001\u8d44\u91d1\u533f\u540d\u5316\u3001\u4ea4\u6613\u7684\u53ef\u8ffd\u6eaf\u6027\u8f83\u5dee\u7b49\u7f3a\u9677\uff0c\u4f46\u662f\u5176\u8fd0\u884c\u673a\u5236\u4ecd\u4e3a\u65b0\u578b\u652f\u4ed8\u6e05\u7b97\u5e73\u53f0\u7684\u642d\u5efa\u63d0\u4f9b\u4e86\u65b0\u7684\u6784\u5efa\u601d\u8def\u548c\u5b9e\u8df5\u7ecf\u9a8c\u3002 \u56e0\u6b64\uff0c\u7ee7Ripple\u4e4b\u540e\uff0c\u5df2\u6709\u8d8a\u6765\u8d8a\u591a\u7684\u5927\u578b\u91d1\u878d\u53ca\u7f51\u7edc\u516c\u53f8\u90fd\u5728\u81f4\u529b\u4e8e\u5c06\u533a\u5757\u94fe\u6280\u672f\u5e94\u7528\u4e8e\u7f51\u7edc\u8de8\u5883\u652f\u4ed8\u4f53\u7cfb\u4e2d\u3002\u4f8b\u5982\uff0cIBM\u4e8e2019\u5e743\u6708\u63a8\u51fa\u652f\u4ed8\u7f51\u7edc\u201cWorld Wire\u201d\uff0cVISA\u5219\u4e8e6\u6708\u63a8\u51fa\u201cVisa B2B Connect\u201d\u8de8\u5883\u652f\u4ed8\u7f51\u7edc\uff0c\u7ebd\u7ea6\u8bc1\u5238\u4ea4\u6613\u6240\u3001\u829d\u52a0\u54e5\u671f\u6743\u4ea4\u6613\u6240\u548c\u7eb3\u65af\u8fbe\u514b\u4ea4\u6613\u6240\u7b49\u5927\u578b\u91d1\u878d\u673a\u6784\u4e5f\u65e9\u5df2\u5c06\u533a\u5757\u94fe\u6280\u672f\u5e94\u7528\u4e8e\u8de8\u5883\u8f6c\u8d26\u3001\u6c47\u6b3e\u548c\u6570\u5b57\u5316\u652f\u4ed8\u7b49\u9886\u57df\u4e4b\u4e2d\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u603b\u4f53\u6765\u770b\uff0c\u7531\u533a\u5757\u94fe\u7b49\u521b\u65b0\u6027\u6280\u672f\u6240\u50ac\u751f\u7684\u6570\u5b57\u8d27\u5e01\u662f\u63a8\u52a8\u8d85\u4e3b\u6743\u8d27\u5e01\u52a0\u901f\u8fdb\u5165\u6570\u5b57\u5316\u9636\u6bb5\u7684\u4e00\u4e2a\u91cd\u8981\u5951\u673a\u3002<\/span><\/strong>\u8d85\u4e3b\u6743\u8d27\u5e01\u4e0e\u533a\u5757\u94fe\u7b49\u521b\u65b0\u6027\u6280\u672f\u7ed3\u5408\u4e5f\u5c06\u5bf9\u5168\u7403\u8d27\u5e01\u3001\u91d1\u878d\u4f53\u7cfb\u4ea7\u751f\u98a0\u8986\u6027\u5f71\u54cd\u3002\u5b9e\u9645\u4e0a\uff0c\u65e0\u8bba\u662f\u6bd4\u7279\u5e01\uff0c\u8fd8\u662fLibra\uff0c\u751a\u6216Ripple\uff0c\u8bf8\u591a\u5df2\u7ecf\u4ea7\u751f\u7684\u6570\u5b57\u8d27\u5e01\u53ca\u652f\u4ed8\u6e05\u7b97\u7cfb\u7edf\u90fd\u6b63\u9010\u6b65\u8fdb\u5165\u56fd\u9645\u91d1\u878d\u57fa\u7840\u8bbe\u65bd\u9886\u57df\uff0c\u5e76\u5728\u4e00\u4e9b\u5546\u4e1a\u573a\u666f\u4e2d\u53d1\u6325\u4e86\u4e00\u5b9a\u4f5c\u7528\u3002\u56e0\u6b64\uff0c\u5982\u4f55\u501f\u52a9\u6570\u5b57\u8d27\u5e01\u5174\u8d77\u7684\u5951\u673a\u63a8\u52a8\u8d85\u4e3b\u6743\u8d27\u5e01\u4ee5\u53ca\u5168\u7403\u7ecf\u6d4e\u548c\u91d1\u878d\u53d1\u5c55\uff0c\u5e76\u5904\u7406\u597d\u8fd9\u4e00\u53d8\u9769\u5e26\u6765\u7684\u4e00\u7cfb\u5217\u6311\u6218\uff0c\u662f\u4e00\u4e2a\u9700\u8981\u5bc6\u5207\u5173\u6ce8\u7684\u95ee\u9898\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n

<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
 <\/section>\n<\/section>\n<\/section>\n
\n
\n
 <\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n

\u4e8c\u3001<\/strong>\u8d85\u4e3b\u6743\u6570\u5b57\u8d27\u5e01\u4f53\u7cfb\u7684\u6784\u60f3\uff1a<\/strong><\/span><\/p>\n

E-SDR\u7684\u521b\u65b0\u4e0e\u5c1d\u8bd5<\/strong><\/span><\/strong><\/p>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n

\n
\n
\n
 <\/section>\n<\/section>\n

<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n

<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u6570\u5b57\u8d27\u5e01\u662f\u5168\u7403\u7ecf\u6d4e\u4e0e\u91d1\u878d\u53d1\u5c55\u7684\u5927\u8d8b\u52bf\uff0c\u4efb\u4f55\u56fd\u5bb6\u90fd\u4e0d\u80fd\u4e5f\u65e0\u6cd5\u56de\u907f\u3002\u4e3a\u6b64\uff0c\u7b14\u8005\u8ba4\u4e3a\uff0c\u53ef\u57fa\u4e8e\u533a\u5757\u94fe\u7684\u6570\u636e\u52a0\u5bc6\u3001\u5206\u5e03\u5f0f\u8d26\u672c\u548c\u65f6\u95f4\u6233\u7b49\u6280\u672f\u57fa\u7840\uff0c\u6784\u5efa\u4e00\u5957\u4ee5\u201c\u6570\u5b57\u8d27\u5e01\u2014\u6570\u5b57\u91d1\u878d\u8d26\u6237\u2014\u6570\u5b57\u8eab\u4efd\u9a8c\u8bc1\u201d\u4e3a\u57fa\u672c\u7ed3\u6784\u7684E-SDR\u8d85\u4e3b\u6743\u6570\u5b57\u8d27\u5e01\u4f53\u7cfb\uff0c\u4ee5\u6b64\u63a8\u52a8\u56fd\u9645\u8d27\u5e01\u4f53\u7cfb\u7684\u53d8\u9769\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\uff08\u4e00\uff09E-SDR\u7684\u67b6\u6784<\/span><\/strong><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
E-SDR\u673a\u5236\u7684\u6784\u6210\u4e0e\u73b0\u884c\u7684\u4fe1\u7528\u8d27\u5e01\u4f53\u7cfb\u7684\u73b0\u91d1\u3001\u91d1\u878d\u8d26\u6237\u3001\u8d26\u6237\u52a0\u5bc6\u4e09\u5c42\u7ed3\u6784\u6709\u7740\u5bc6\u5207\u7684\u8054\u7cfb\uff0c\u4f46E-SDR\u4e0e\u4f20\u7edf\u4e3b\u6743\u4fe1\u7528\u8d27\u5e01\u4f53\u7cfb\u4ee5\u53ca\u8d27\u5e01\u6570\u5b57\u5316\u6709\u5f88\u5927\u533a\u522b\u3002\u5176\u5177\u4f53\u6784\u6210\u5305\u62ec\u4ee5\u4e0b\u82e5\u5e72\u65b9\u9762\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u7b2c\u4e00\uff0c\u6570\u5b57\u8d27\u5e01\u4f53\u7cfb\u3002<\/span><\/strong>\u4f5c\u4e3aE-SDR\u7684\u5e95\u5c42\u67b6\u6784\uff0c\u6570\u5b57\u8d27\u5e01\u662f\u5404\u4e2a\u53c2\u4e0e\u8282\u70b9\u8fdb\u884c\u8d44\u91d1\u8f6c\u79fb\u7684\u57fa\u7840\u8bb0\u8d26\u5355\u4f4d\u3002\u6570\u5b57\u8d27\u5e01\u53ef\u91c7\u53d6\u592e\u884c\u76f4\u63a5\u9762\u5411\u516c\u4f17\u53d1\u884c\u7684\u673a\u5236\u6216\u592e\u884c\u4e0e\u5546\u4e1a\u94f6\u884c\u5408\u4f5c\u5171\u540c\u53d1\u884c\u7684\u673a\u5236\u3002\u76ee\u524d\uff0c\u6570\u5b57\u8d27\u5e01\u7684\u53d1\u884c\u65b9\u5f0f\u4e3b\u8981\u6709\u6cd5\u5b9a\u6570\u5b57\u8d27\u5e01\u3001\u951a\u5b9a\u6cd5\u5e01\u6216\u8d44\u4ea7\u7684\u6570\u5b57\u8d27\u5e01\uff08\u7a33\u5b9a\u5e01\uff09\u3001\u57fa\u4e8e\u4f17\u7b79\u9879\u76ee\u8d44\u91d1\u7684\u6570\u5b57\u8d27\u5e01\u548c\u57fa\u4e8e\u7b97\u6cd5\u7684\u6570\u5b57\u8d27\u5e01\u3002\u5176\u4e2d\uff0c\u6cd5\u5b9a\u6570\u5b57\u8d27\u5e01\u7684\u53d1\u884c\u6a21\u5f0f\u4e3b\u8981\u5206\u4e3a\u4e09\u7c7b\u3002\u4e00\u662f\u592e\u884c\u76f4\u63a5\u9762\u5411\u516c\u4f17\u53d1\u884c\u6570\u5b57\u8d27\u5e01\uff0c\u4e2a\u4eba\u3001\u4f01\u4e1a\u548c\u91d1\u878d\u673a\u6784\u540c\u65f6\u4ecb\u5165\u592e\u884c\u7684\u7cfb\u7edf\u3002\u8fd9\u79cd\u6a21\u5f0f\u6700\u4e3a\u76f4\u63a5\u548c\u5f7b\u5e95\uff0c\u80fd\u4fdd\u8bc1\u592e\u884c\u83b7\u5f97\u6700\u5927\u7684\u4e3b\u52a8\u6743\uff0c\u4f46\u7f3a\u5c11\u8fc7\u6e21\u9636\u6bb5\u548c\u8fc7\u6e21\u4ecb\u8d28\uff0c\u5bb9\u6613\u9020\u6210\u73b0\u884c\u91d1\u878d\u4f53\u7cfb\u7684\u6df7\u4e71\u3002\u4e8c\u662f\u5728\u4fdd\u7559\u73b0\u6709\u8d27\u5e01\u53d1\u884c\u7684\u57fa\u7840\u4e0a\uff0c\u592e\u884c\u4e0e\u5546\u4e1a\u94f6\u884c\u5408\u4f5c\u5171\u540c\u53d1\u884c\u6570\u5b57\u8d27\u5e01\u3002\u8fd9\u79cd\u6a21\u5f0f\u53ef\u4ee5\u5b9e\u73b0\u5e73\u7a33\u8fc7\u6e21\uff0c\u4f46\u4f1a\u524a\u5f31\u592e\u884c\u7684\u7ba1\u63a7\u6743\u3002\u4e09\u662f\u5ef6\u7eed\u5f53\u4e0b\u7684\u6570\u5b57\u8d27\u5e01\u7684\u5206\u6563\u53d1\u884c\u6a21\u5f0f\uff0c\u4f46\u6700\u540e\u7531\u592e\u884c\u7edf\u4e00\u8bb0\u8d26\u6a21\u5f0f\u548c\u8f6c\u6362\u673a\u5236\u3002 \u672c\u6587\u8ba4\u4e3a\uff0c\u53ef\u4ee5\u91c7\u7528\u201c\u4e2d\u592e\u94f6\u884c\u2014\u5546\u4e1a\u94f6\u884c\u201d\u7684\u4e8c\u5143\u6a21\u5f0f\u6765\u53d1\u884c\u6570\u5b57\u8d27\u5e01\uff0c\u5373\u5728\u5f53\u524d\u56fd\u9645\u8d27\u5e01\u57fa\u91d1\u7ec4\u7ec7\u4e00\u63fd\u5b50\u8ba1\u5212\u7684\u524d\u63d0\u4e0b\uff0c\u7531\u73b0\u884c\u56fd\u9645\u8d27\u5e01\u57fa\u91d1\u7ec4\u7ec7\u521b\u8bbe\u65b0\u7684\u6570\u5b57\u8d27\u5e01\u56fd\u9645\u7ec4\u7ec7\u53d1\u884cE-SDR\uff0c\u5404\u56fd\u592e\u884c\u5219\u8d1f\u8d23\u63d0\u4f9b\u6d41\u901a\u670d\u52a1\u3002 <\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u7b2c\u4e8c\uff0c\u6570\u5b57\u91d1\u878d\u8d26\u6237\u4f53\u7cfb\u3002<\/span><\/strong>\u4f5c\u4e3aE-SDR\u7684\u4e2d\u5c42\u67b6\u6784\uff0c\u6570\u5b57\u91d1\u878d\u8d26\u6237\u4f53\u7cfb\u8986\u76d6\u4e86\u201c\u9ad8\u5ea6\u7d27\u5bc6\u4e92\u8054\u7684\u5404\u56fd\u592e\u884c\u652f\u4ed8\u4f53\u7cfb\u3001\u5404\u56fd\u592e\u884c\u652f\u4ed8\u4f53\u7cfb\u4e4b\u4e0b\u7684\u91d1\u878d\u8d26\u6237\u4f53\u7cfb\u3001\u91d1\u878d\u673a\u6784\u4e3a\u6cd5\u4eba\u5f00\u8bbe\u7684\u8d26\u6237\u4f53\u7cfb\u548c\u91d1\u878d\u673a\u6784\u4e3a\u81ea\u7136\u4eba\u5f00\u8bbe\u7684\u8d26\u6237\u4f53\u7cfb\u201d\u56db\u5927\u4f53\u7cfb\u3002\u8be5\u5c42\u67b6\u6784\u53ef\u4ee5\u91c7\u53d6\u201c\u805a\u7c7b\u6cd5\u5219\u201d\uff0c\u5373\u901a\u8fc7\u76f8\u5173\u7b97\u6cd5\u548c\u673a\u5236\u8bbe\u8ba1\u5b9e\u73b0\u5404\u8d26\u6237\u9ad8\u5ea6\u5b8c\u6574\u7684\u5b9e\u540d\u5316\u5e76\u5c06\u6bcf\u4e2a\u4e3b\u4f53\u7684\u8d26\u6237\u5f52\u4e3a\u7edf\u4e00\u8282\u70b9\u540e\uff0c\u76f4\u63a5\u4e0e\u5404\u7c7b\u4e3b\u4f53\u76f8\u6302\u94a9\uff0c\u8fdb\u800c\u5b9e\u73b0\u5404\u8282\u70b9\u5728\u590d\u6742\u7f51\u7edc\u7cfb\u7edf\u4e2d\u7684\u76f8\u4e92\u8fde\u63a5\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u7b2c\u4e09\uff0c\u6570\u5b57\u8eab\u4efd\u9a8c\u8bc1\u4f53\u7cfb\u3002<\/span><\/strong>\u4f5c\u4e3aE-SDR\u7684\u9876\u5c42\u67b6\u6784\uff0c\u6570\u5b57\u8eab\u4efd\u9a8c\u8bc1\u4f53\u7cfb\u662f\u6388\u6743\u4e2d\u5c42\u67b6\u6784\u7684\u6620\u5c04\u96c6\uff08\u6570\u5b57\u91d1\u878d\u8d26\u6237\u662f\u8be5\u5c42\u67b6\u6784\u7684\u5b50\u8d26\u6237\uff09\u3002\u6bcf\u4e2a\u5b50\u8d26\u6237\u88ab\u6388\u4e88\u72ec\u6709\u7684\u6cd5\u4eba\u7279\u5f81\u7801\uff08\u673a\u6784\u4ee3\u7801\uff09\u6216\u81ea\u7136\u4eba\u7279\u5f81\u7801\uff08\u751f\u7269\u7279\u5f81\u7801\uff09\u3002\u5728\u4ea4\u6613\u8fc7\u7a0b\u4e2d\uff0c\u5fc5\u987b\u7531\u8be5\u5c42\u67b6\u6784\u5bf9\u5176\u4ea4\u6613\u4e3b\u4f53\u7684\u7279\u5f81\u7801\u8fdb\u884c\u6388\u6743\u9a8c\u8bc1\u540e\u624d\u80fd\u5b8c\u6210\u8d44\u91d1\u7684\u8f6c\u79fb\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u503c\u5f97\u6ce8\u610f\u7684\u662f\uff0cE-SDR\u7684\u6784\u5efa\u9664\u4e86\u6db5\u76d6\u539f\u6709\u8d27\u5e01\u4f53\u7cfb\u4e2d\u7684\u73b0\u91d1\u5c42\uff0c\u8fd8\u5fc5\u987b\u5efa\u7acb\u4e0e\u6570\u5b57\u8d27\u5e01\u76f8\u914d\u5957\u7684\u6570\u5b57\u91d1\u878d\u8d26\u6237\u548c\u6570\u5b57\u9a8c\u8bc1\u65b9\u5f0f\u3002\u56e0\u6b64\uff0c\u53ea\u6709\u5f53\u8fd9\u4e09\u5c42\u67b6\u6784\u88ab\u7cfb\u7edf\u642d\u5efa\uff0c\u5e76\u5f62\u6210\u5b8c\u6574\u7684\u6570\u5b57\u8d27\u5e01\u751f\u6001\u540e\uff0cE-SDR\u624d\u7b97\u771f\u6b63\u5b9e\u73b0\u3002\u5b9e\u9645\u4e0a\uff0cE-SDR\u5c06\u91d1\u878d\u7cfb\u7edf\u89c6\u4e3a\u4e00\u4e2a\u590d\u6742\u7684\u7f51\u7edc\u7cfb\u7edf\uff0c\u5176\u4e2d\u91d1\u878d\u673a\u6784\u662f\u590d\u6742\u7f51\u7edc\u7cfb\u7edf\u7684\u8282\u70b9\uff0c\u8d27\u5e01\u5219\u662f\u4e0d\u540c\u8282\u70b9\u4e4b\u95f4\u6570\u636e\u548c\u4fe1\u606f\u6d41\u901a\u7684\u5a92\u4ecb\u3002\u56e0\u6b64\uff0c\u5f53E-SDR\u5b9e\u73b0\u540e\uff0c\u91d1\u878d\u7cfb\u7edf\u3001\u8d22\u653f\u7cfb\u7edf\u3001\u7a0e\u6536\u7cfb\u7edf\u548c\u793e\u4fdd\u7cfb\u7edf\u7b49\u90fd\u53ef\u4ee5\u88ab\u5d4c\u5165\u5176\u4e2d\uff0c\u5f62\u6210\u65b0\u7684\u793e\u4f1a\u6cbb\u7406\u6846\u67b6\u3002\u6b63\u5982\u97e6\u585e\u5c14\u00b7\u745e\u5409\u65af\uff08Wessel Reijers\uff09\u6240\u8a00\uff0c\u533a\u5757\u94fe\u5728\u7ecf\u6d4e\u4e0a\u7684\u5e94\u7528\u53ea\u662f\u5176\u6700\u4e3a\u76f4\u89c2\u548c\u6d45\u5c42\u7684\u4f5c\u7528\u5f62\u5f0f\uff0c\u8fd9\u4e00\u6280\u672f\u80cc\u540e\u6240\u5177\u6709\u7684\u4fe1\u4efb\u8f6c\u6362\u673a\u5236\u5c06\u91cd\u6784\u793e\u4f1a\u5173\u7cfb\uff0c\u5f62\u6210\u4e00\u79cd\u57fa\u4e8e\u6570\u5b57\u4fe1\u4efb\u7684\u6280\u672f\u6027\u793e\u4f1a\u89c4\u8303\u3002 \u56e0\u6b64\uff0c\u5d4c\u5165\u533a\u5757\u94fe\u6280\u672f\u7684E-SDR\u4e5f\u5177\u6709\u6210\u4e3a\u793e\u4f1a\u6cbb\u7406\u5e95\u5c42\u6846\u67b6\u7684\u6f5c\u5728\u80fd\u529b\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\uff08\u4e8c\uff09E-SDR\u7684\u7279\u6027\u4e0e\u4f5c\u7528<\/span><\/strong><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u5177\u4f53\u6765\u770b\uff0cE-SDR\u5177\u6709\u4ee5\u4e0b\u51e0\u65b9\u9762\u7684\u7279\u6027\u4e0e\u4f5c\u7528\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u7b2c\u4e00\uff0c\u4f5c\u4e3a\u4e00\u79cd\u8d85\u4e3b\u6743\u8d27\u5e01\u7684\u63a2\u7d22\u9014\u5f84\uff0cE-SDR\u662f\u4e00\u5957\u7edf\u4e00\u3001\u5b8c\u6574\u548c\u72ec\u7acb\u7684\u8d27\u5e01\u4f53\u7cfb\u3002\u4ece\u672c\u8d28\u4e0a\u8bf4\uff0c\u8d27\u5e01\u662f\u4e00\u79cd\u516c\u4f17\u5171\u540c\u63a5\u53d7\u7684\u672a\u6765\u4ef7\u503c\u7d22\u53d6\u6743\u7684\u7269\u5316\uff0c\u5373\u8d27\u5e01\u662f\u4e00\u79cd\u57fa\u4e8e\u4e00\u81f4\u540c\u610f\u89c4\u5219\u4e0b\u6240\u5f62\u6210\u7684\u793e\u4f1a\u5171\u8bc6\u3002 \u5728\u5546\u54c1\u8d27\u5e01\u548c\u4fe1\u7528\u8d27\u5e01\u9636\u6bb5\uff0c\u8d27\u5e01\u7684\u951a\u5b9a\u5206\u522b\u5efa\u7acb\u5728\u5546\u54c1\u7684\u7a00\u7f3a\u6027\u548c\u4e3b\u6743\u56fd\u5bb6\u4fe1\u7528\u80cc\u4e66\u7684\u57fa\u7840\u4e4b\u4e0a\u3002\u800cE-SDR\u5219\u901a\u8fc7\u6280\u672f\u548c\u5236\u5ea6\u5316\u7684\u5b89\u6392\u6765\u5b9e\u73b0\u8d27\u5e01\u4fe1\u7528\u4f53\u7cfb\u7684\u91cd\u5851\u3002\u4e00\u65b9\u9762\uff0c\u57fa\u4e8e\u533a\u5757\u94fe\u53ca\u5927\u6570\u636e\u3001\u4e91\u8ba1\u7b97\u7b49\u6280\u672f\u7684\u5e94\u7528\uff0c\u6211\u4eec\u80fd\u591f\u5b9e\u73b0\u5bf9\u5404\u7c7b\u5927\u5b97\u5546\u54c1\u4ee5\u53ca\u8d27\u5e01\u95f4\u8054\u7cfb\u7684\u7ed3\u6784\u5316\u4e0e\u5b9e\u65f6\u5316\u5206\u6790\uff0c\u8fdb\u800c\u5728\u8fd9\u4e00\u6570\u636e\u5206\u6790\u57fa\u7840\u4e0a\u6784\u5efa\u4e00\u79cd\u80fd\u591f\u8f83\u4e3a\u5168\u9762\u53cd\u6620\u793e\u4f1a\u603b\u4f53\u5546\u54c1\u4ef7\u503c\u7684\u201c\u7bee\u5b50\u4ef7\u683c\u6307\u6570\u201d\u3002E-SDR\u5219\u4ee5\u8fd9\u4e00\u6307\u6570\u4e3a\u4ef7\u503c\u4f9d\u6258\uff0c\u5e76\u6839\u636e\u6307\u6570\u7684\u6ce2\u52a8\u8fdb\u884c\u52a8\u6001\u8c03\u6574\u3002 \u8fd9\u4e5f\u5c31\u610f\u5473\u7740E-SDR\u5177\u5907\u540c\u793e\u4f1a\u6574\u4f53\u751f\u4ea7\u80fd\u529b\u53ca\u5546\u54c1\u4ef7\u503c\u76f8\u951a\u5b9a\u7684\u53ef\u80fd\u3002\u5f53\u7136\uff0cE-SDR\u540c\u8fd9\u4e00\u201c\u7bee\u5b50\u6307\u6570\u201d\u7684\u951a\u5b9a\u9700\u8981\u5efa\u7acb\u5728\u793e\u4f1a\u4fe1\u7528\u5145\u5206\u5b8c\u5907\u57fa\u7840\u4e4b\u4e0a\uff0c\u5373E-SDR\u4ee5\u8f83\u4e3a\u5b8c\u6574\u7684\u6570\u5b57\u4fe1\u7528\u4e3a\u80cc\u4e66\u6765\u5b9e\u73b0\u81ea\u8eab\u7684\u793e\u4f1a\u6027\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u53e6\u4e00\u65b9\u9762\uff0c\u57fa\u4e8e\u533a\u5757\u94fe\u7684\u5206\u5e03\u5f0f\u8bb0\u8d26\u6280\u672f\uff0cE-SDR\u80fd\u591f\u4e3a\u8d27\u5e01\u7684\u4f7f\u7528\u548c\u6d41\u901a\u63d0\u4f9b\u66f4\u4e3a\u6709\u6548\u3001\u4fbf\u5229\u7684\u6e20\u9053\u3002\u8d27\u5e01\u7684\u4fe1\u7528\u6210\u672c\u4e3b\u8981\u6307\u592e\u884c\u9700\u8981\u4e3a\u8d27\u5e01\u7684\u53d1\u884c\u63d0\u4f9b\u4e00\u5b9a\u7684\u4fe1\u7528\u51ed\u8bc1\uff0c\u5176\u4ea4\u6613\u6210\u672c\u5219\u662f\u6307\u4ee5\u5e02\u573a\u5404\u4e3b\u4f53\u9700\u8981\u4e3a\u4f9d\u8d56\u7684\u91d1\u878d\u4e2d\u4ecb\u652f\u4ed8\u4ea4\u6613\u7684\u624b\u7eed\u8d39\u7528\u3002 \u7531\u4e8e\u5927\u6570\u636e\u3001\u4e91\u8ba1\u7b97\u7b49\u6280\u672f\u7684\u5e94\u7528\u5df2\u7ecf\u4e3a\u5404\u7c7b\u793e\u4f1a\u4ea4\u6613\u6784\u5efa\u4e86\u4e00\u79cd\u8bb0\u8d26\u6e05\u7b97\u673a\u5236\uff0c\u800c\u533a\u5757\u94fe\u80fd\u591f\u5728\u8fd9\u79cd\u673a\u5236\u4e4b\u4e0a\u901a\u8fc7\u6784\u5efa\u5206\u5e03\u5f0f\u7684\u8d26\u672c\u6765\u63a8\u52a8\u70b9\u5bf9\u70b9\u7684\u76f4\u63a5\u4ea4\u6613\uff0c\u8fdb\u800c\u4ee5\u6b64\u63d0\u9ad8\u6574\u4e2a\u7ecf\u6d4e\u4f53\u7cfb\u7684\u6d41\u52a8\u6027\uff0c\u5e76\u51cf\u5c11\u8d27\u5e01\u4f7f\u7528\u7684\u4fe1\u7528\u6210\u672c\u4e0e\u4ea4\u6613\u6210\u672c\u3002\u6b63\u5982\u7f8e\u56fd\u7ecf\u6d4e\u5b66\u5bb6\u9c81\u672c\u00b7\u683c\u6797\u4f2f\u683c\uff08Reuben Grinberg\uff09\u6240\u6307\u51fa\u7684\uff0c\u5206\u5e03\u5f0f\u8bb0\u8d26\u4e0d\u4ec5\u80fd\u591f\u5728\u4e00\u5b9a\u7a0b\u5ea6\u4e0a\u5b9e\u73b0\u8d27\u5e01\u4ef7\u503c\u5c42\u9762\u7684\u201c\u81ea\u4fe1\u4efb\u6027\u201d\u4e0e\u4f7f\u7528\u5c42\u9762\u7684\u5171\u8bc6\uff0c\u800c\u4e14\u8fd8\u80fd\u591f\u63d0\u9ad8\u5546\u54c1\u4e0e\u8d27\u5e01\u4e4b\u95f4\u7684\u8854\u63a5\u6027\u3002 \u7f8e\u56fd\u514b\u83b1\u59c6\u68ee\u5927\u5b66\u6559\u6388\u6770\u62c9\u5fb7\u00b7\u6234\u5c14\uff08Gerald Dwyer\uff09\u5219\u8868\u793a\uff0c\u6570\u5b57\u8d27\u5e01\u80fd\u591f\u4e3a\u70b9\u5bf9\u70b9\u4ea4\u6613\u63d0\u4f9b\u66f4\u4e3a\u4fbf\u6377\u7684\u652f\u4ed8\u4e0e\u7ed3\u7b97\u5de5\u5177\uff0c\u4ece\u800c\u5145\u5206\u63d0\u9ad8\u5e02\u573a\u53c2\u4e0e\u8005\u7684\u8d44\u91d1\u6d41\u52a8\u6027\u3002 \u56e0\u6b64\uff0cE-SDR\u7684\u6570\u5b57\u4fe1\u4efb\u3001\u5206\u5e03\u5f0f\u8bb0\u8d26\u4ee5\u53ca\u951a\u5b9a\u7684\u5e7f\u6cdb\u6027\u4e0d\u4ec5\u6709\u52a9\u4e8e\u964d\u4f4e\u539f\u6709\u4ef7\u503c\u4ea4\u6362\u5e26\u6765\u7684\u6469\u64e6\u6210\u672c\uff0c\u5e76\u4e14\u8fd8\u80fd\u591f\u6709\u6548\u4fdd\u969c\u81ea\u8eab\u53d1\u884c\u7684\u5065\u5eb7\u548c\u6d41\u52a8\u7684\u5e73\u7a33\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u7b2c\u4e8c\uff0c\u6570\u5b57\u8d26\u6237\u5c42\u7684\u5d4c\u5165\u4f7fE-SDR\u80fd\u591f\u5bf9\u6240\u6709\u8282\u70b9\u548c\u7ec8\u7aef\u4e4b\u95f4\u7684\u4ea4\u6613\u4fe1\u606f\u8fdb\u884c\u6536\u96c6\u4e0e\u5206\u6790\uff0c\u8fdb\u800c\u80fd\u591f\u5c06\u5168\u7403\u7ecf\u6d4e\u589e\u957f\u548c\u901a\u8d27\u81a8\u80c0\u6c34\u5e73\u7b49\u5e02\u573a\u56e0\u7d20\u66f4\u4e3a\u5145\u5206\u5730\u7eb3\u5165\u8d27\u5e01\u4f9b\u7ed9\u4e4b\u4e2d\u3002\u4f2f\u9ea6\u7b49\u5b66\u8005\u8ba4\u4e3a\uff0c\u968f\u7740\u53d8\u91cf\u53ca\u7ecf\u6d4e\u4fe1\u606f\u8f7d\u5165\u7684\u5b8c\u5584\uff0c\u533a\u5757\u94fe\u5728\u6570\u5b57\u8d27\u5e01\u5c42\u7684\u5e94\u7528\u80fd\u591f\u4e3a\u5b8c\u5168\u57fa\u4e8e\u540d\u4e49\u6570\u636e\u7684\u201c\u81ea\u52a8\u8d27\u5e01\u653f\u7b56\u201d\uff08automatic monetary policy\uff09\u5960\u5b9a\u5145\u5206\u7684\u5b9e\u73b0\u57fa\u7840\u3002 \u5b9e\u9645\u4e0a\uff0cE-SDR\u80fd\u591f\u5728\u4e2d\u592e\u94f6\u884c\u548c\u516c\u4f17\u4e4b\u95f4\u5efa\u7acb\u76f4\u63a5\u7684\u63a5\u89e6\u6e20\u9053\uff0c\u5e76\u4ee5\u6570\u5b57\u5316\u7684\u65b9\u5f0f\u5b9e\u73b0\u73b0\u949e\u6e05\u7b97\u5230\u8bb0\u8d26\u6e05\u7b97\u7684\u8f6c\u53d8\u3002\u56e0\u6b64\uff0cE-SDR\u80fd\u591f\u4e0e\u5546\u54c1\u3001\u670d\u52a1\u7b49\u4e00\u7cfb\u5217\u7ecf\u6d4e\u6d3b\u52a8\u5f62\u6210\u66f4\u4e3a\u7d27\u5bc6\u7684\u7ed3\u5408\uff0c\u5e2e\u52a9\u51b3\u7b56\u8005\u66f4\u4e3a\u7075\u6d3b\u3001\u51c6\u786e\u5730\u628a\u63e1\u6574\u4f53\u5e02\u573a\u6d3b\u52a8\uff0c\u5e76\u4e3a\u5b8f\u89c2\u7ecf\u6d4e\u8c03\u63a7\u63d0\u4f9b\u66f4\u4e3a\u6709\u6548\u7684\u8d27\u5e01\u5de5\u5177\u548c\u4ef7\u683c\u5de5\u5177\uff0c\u8fdb\u800c\u5c06\u8d27\u5e01\u6570\u91cf\u4fdd\u6301\u5728\u6ee1\u8db3\u5e02\u573a\u4f9b\u9700\u5e73\u8861\u7684\u5408\u7406\u8303\u56f4\u5185\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u4e0e\u6b64\u540c\u65f6\uff0cE-SDR\u80fd\u591f\u4f7f\u53d1\u884c\u65b9\u5bf9\u8d27\u5e01\u521b\u9020\u3001\u8ba1\u8d26\u3001\u6d41\u52a8\u7b49\u6570\u636e\u8fdb\u884c\u5b9e\u65f6\u5316\u91c7\u96c6\uff0c\u5e76\u5728\u6570\u636e\u8131\u654f\u540e\uff0c\u501f\u52a9\u4eba\u5de5\u667a\u80fd\u548c\u5927\u6570\u636e\u7b49\u6280\u672f\u6784\u5efa\u653f\u7b56\u9884\u671f\u8c03\u6574\u7684\u8bad\u7ec3\u6a21\u578b\uff0c\u8fdb\u800c\u4e3a\u672a\u6765\u8d27\u5e01\u7684\u6295\u653e\u3001\u8d27\u5e01\u7684\u653f\u7b56\u5236\u5b9a\u4e0e\u5b9e\u65bd\u63d0\u4f9b\u5145\u5206\u7684\u524d\u77bb\u6761\u4ef6\u3002 \u62c9\u8d6b\u66fc\u8ba4\u4e3a\uff0c\u533a\u5757\u94fe\u5728\u6570\u5b57\u8d27\u5e01\u4e2d\u7684\u4ecb\u5165\u80fd\u591f\u8f83\u4e3a\u53ca\u65f6\u3001\u5145\u5206\u5730\u53cd\u6620\u5e02\u573a\u5bf9\u8d27\u5e01\u7684\u9700\u6c42\uff0c\u5e76\u4e14\u5728\u653f\u5e9c\u7684\u9002\u5f53\u8c03\u63a7\u4e0b\uff0c\u8fd9\u4e00\u7279\u6027\u6709\u52a9\u4e8e\u63d0\u9ad8\u8d27\u5e01\u653f\u7b56\u7684\u6548\u7528\uff0c\u5b9e\u73b0\u4e00\u79cd\u8f83\u4e3a\u5747\u8861\u7684\u201c\u6700\u4f18\u8d27\u5e01\u653f\u7b56\u201d\uff08optimal monetary policy\uff09\u3002 \u56e0\u6b64\uff0cE-SDR\u7684\u8fd9\u4e00\u6570\u5b57\u5316\u5173\u8054\u5904\u7406\u7684\u7279\u6027\u80fd\u4e3a\u8d27\u5e01\u653f\u7b56\u3001\u8d22\u653f\u653f\u7b56\u63d0\u4f9b\u66f4\u4e3a\u6709\u6548\u7684\u51b3\u7b56\u5de5\u5177\uff0c\u5e76\u5728\u4e00\u5b9a\u7a0b\u5ea6\u4e0a\u4fc3\u8fdb\u56fd\u9645\u8d27\u5e01\u4f53\u7cfb\u4e0e\u5168\u7403\u7ecf\u6d4e\u53d1\u5c55\u6c34\u5e73\u66f4\u52a0\u5339\u914d\u3002 \u5f53\u7136\uff0c\u4f5c\u4e3a\u4e00\u79cd\u6570\u5b57\u5316\u4f53\u7cfb\uff0cE-SDR\u5982\u679c\u80fd\u83b7\u5f97\u5e7f\u6cdb\u4f7f\u7528\uff0c\u8fd8\u80fd\u591f\u63d0\u9ad8\u91d1\u878d\u57fa\u7840\u8bbe\u65bd\u7684\u7edf\u4e00\u6027\uff0c\u51cf\u5c11\u5404\u5c42\u6b21\u5e73\u53f0\u5728\u7cfb\u7edf\u548c\u4e1a\u52a1\u65b9\u9762\u6295\u5165\u548c\u7ef4\u62a4\u5de5\u4f5c\u7684\u6210\u672c\uff0c\u8fdb\u800c\u63d0\u5347\u91d1\u878d\u57fa\u7840\u8bbe\u65bd\u7684\u6548\u80fd\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u7b2c\u4e09\uff0cE-SDR\u5c06\u4ece\u4ea4\u6613\u6d41\u7a0b\u3001\u4ea4\u6613\u5b89\u5168\u6027\u3001\u7cfb\u7edf\u7684\u53ef\u8ffd\u8d23\u6027\u7b49\u65b9\u9762\u5bf9\u652f\u4ed8\u7ed3\u7b97\u4f53\u7cfb\u52a0\u4ee5\u5b8c\u5584\uff0c\u5e76\u6784\u5efa\u4e00\u4e2a\u8fde\u63a5\u7cfb\u7edf\u5185\u6240\u6709\u8282\u70b9\u7684\u516c\u5171\u5e73\u53f0\u3002\u5728\u4f20\u7edf\u91d1\u878d\u4f53\u7cfb\u4e4b\u4e0b\uff0c\u591a\u6570\u652f\u4ed8\u884c\u4e3a\u4ec5\u4ec5\u662f\u8d27\u5e01\u6570\u636e\u5728\u4e0d\u540c\u8d26\u6237\u4e2d\u7684\u6d41\u8f6c\uff0c\u8bf8\u5982\u652f\u4ed8\u7f18\u7531\u3001\u8d44\u91d1\u6765\u6e90\u3001\u8d44\u91d1\u6d41\u901a\u8def\u5f84\u7b49\u91cd\u8981\u4fe1\u606f\u5219\u88ab\u50a8\u5b58\u5728\u4e0d\u540c\u7684\u652f\u4ed8\u73af\u5883\u548c\u7cfb\u7edf\u4e2d\u3002\u6b63\u5982\u65e5\u672c\u4e5d\u5dde\u5927\u5b66\u6559\u6388\u5bfa\u672c\u632f\u900f\uff08Teramoto Shinto\uff09\u6240\u8a00\uff0c\u4f20\u7edf\u91d1\u878d\u4f53\u7cfb\u5b89\u6392\u4e2d\u6700\u4e3a\u6838\u5fc3\u7684\u95ee\u9898\u5c31\u662f\u7531\u4e8e\u6709\u9650\u7684\u8ba4\u77e5\u80fd\u529b\u548c\u4fe1\u606f\u6210\u672c\u6240\u5bfc\u81f4\u7684\u4fe1\u606f\u4e0d\u5bf9\u79f0\u3002 \u800c\u5728E-SDR\u6240\u63d0\u4f9b\u7684\u652f\u4ed8\u4f53\u7cfb\u4e4b\u4e0b\uff0c\u6570\u5b57\u8d27\u5e01\u7684\u4f7f\u7528\u672c\u8eab\u5c31\u5177\u6709\u6570\u636e\u65f6\u5e8f\u6027\u3001\u4e0d\u53ef\u7be1\u6539\u548c\u4f2a\u9020\u7b49\u7279\u70b9\uff0c\u5e76\u4e14\u6240\u6709\u4ea4\u6613\u8282\u70b9\u5c06\u5728\u81ea\u7531\u516c\u8bc1\u548c\u81ea\u6211\u76d1\u7ba1\u7684\u4f53\u7cfb\u57fa\u7840\u4e0a\uff0c\u83b7\u5f97\u5168\u9762\u771f\u5b9e\u7684\u5e02\u573a\u6570\u636e\u4e0e\u4fe1\u606f\u3002\u8fd9\u662f\u7531\u4e8eE-SDR\u4e0d\u4ec5\u662f\u4e00\u79cd\u7ed3\u7b97\u5a92\u4ecb\uff0c\u66f4\u662f\u4e00\u79cd\u591a\u65b9\u53c2\u4e0e\u548c\u516c\u5f00\u900f\u660e\u7684\u4ea4\u6613\u7cfb\u7edf\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u5728E-SDR\u4e4b\u4e0b\uff0c\u6240\u6709\u7684\u4ea4\u6613\u8bb0\u5f55\u3001\u8d44\u4ea7\u4fe1\u606f\u7b49\u6570\u636e\u90fd\u4ee5\u5206\u5e03\u5f0f\u7684\u5f62\u5f0f\u88ab\u8bb0\u5f55\uff0c\u8282\u70b9\u4e4b\u95f4\u7684\u4ea4\u6613\u5219\u4ee5\u5206\u5e03\u5f0f\u6838\u7b97\u7684\u65b9\u6cd5\u8fdb\u884c\u8d26\u7c3f\u66f4\u65b0\u548c\u9a8c\u8bc1\uff0c\u5e76\u4e14\u6240\u6709\u8282\u70b9\u7684\u7528\u6237\u5728\u83b7\u5f97\u6388\u6743\u540e\u80fd\u591f\u968f\u65f6\u8bbf\u95ee\u548c\u67e5\u9605\u8fd9\u4e9b\u4fe1\u606f\u3002\u800c\u8fd9\u4e0d\u4ec5\u80fd\u591f\u5728\u4e8b\u524d\u4e3a\u4ea4\u6613\u53cc\u65b9\u642d\u5efa\u5b8c\u6574\u7684\u4fe1\u606f\u8fde\u63a5\u6e20\u9053\uff0c\u800c\u4e14\u5728\u4e8b\u540e\u4e5f\u80fd\u591f\u53ca\u65f6\u5b8c\u6210\u5bf9\u4ea4\u6613\u7684\u8ffd\u8e2a\u548c\u8bb0\u5f55\u3002\u56e0\u6b64\uff0cE-SDR\u80fd\u591f\u4e00\u5b9a\u7a0b\u5ea6\u51cf\u5c11\u5404\u4e3b\u4f53\u5728\u7ecf\u6d4e\u6d3b\u52a8\u5bf9\u4e2d\u4ecb\u673a\u6784\u7684\u4f9d\u8d56\uff0c\u51cf\u5c11\u56e0\u7b2c\u4e09\u65b9\u4e2d\u4ecb\u5b58\u5728\u800c\u5bfc\u81f4\u7684\u4ea4\u6613\u6469\u64e6\u3001\u5404\u65b9\u7684\u534f\u8c03\u6c9f\u901a\u6210\u672c\u548c\u5927\u91cf\u8d44\u91d1\u6c89\u6dc0\u3002\u76ee\u524d\uff0c\u5168\u7403\u8303\u56f4\u5185\u5e7f\u6cdb\u4f7f\u7528\u7684\u652f\u4ed8\u6e05\u7b97\u7cfb\u7edf\u4e3b\u8981\u4e3aSWIFT\u548c\u6301\u7eed\u8fde\u63a5\u7ed3\u7b97\u7cfb\u7edf\uff08Continuous Linked Settlement\uff09\u3002\u8fd9\u4e24\u5957\u7cfb\u7edf\u4e3b\u8981\u9002\u7528\u4e8e\u4e3b\u6743\u56fd\u5bb6\u7684\u8d27\u5e01\uff08\u865a\u62df\u6570\u5b57\u8d44\u4ea7\u88ab\u6392\u9664\u5728\u5916\uff09\uff0c\u5bf9\u63a5\u5165\u7528\u6237\u5747\u6709\u4e25\u683c\u7684\u9650\u5b9a\u6761\u4ef6\uff08\u4ee5\u5927\u4e2d\u578b\u94f6\u884c\u3001\u91d1\u878d\u673a\u6784\u548c\u8de8\u56fd\u4f01\u4e1a\u4e3a\u4e3b\uff09\u3002\u540c\u65f6\uff0c\u8fd9\u4e24\u4e2a\u7cfb\u7edf\u5728\u8de8\u5883\u7ed3\u7b97\u65f6\u9700\u7ecf\u4ee3\u7406\u5efa\u7acb\u5173\u7cfb\uff0c\u56e0\u6b64\u5728\u652f\u4ed8\u4e0a\u5b58\u5728\u4e00\u5b9a\u8fdf\u6ede\uff08SWIFT\u4e3a2\u20143\u5929\u5de6\u53f3\uff0cCLS\u4e3a1\u20142\u5929\uff09\uff0c\u4e5f\u9700\u8981\u6536\u53d6\u4e00\u5b9a\u7684\u624b\u7eed\u8d39\u548c\u670d\u52a1\u8d39\uff08SWIFT\u7ea6\u6536\u53d6\u4ea4\u6613\u91d1\u989d\u76847%\uff0cCLS\u5219\u4ee5\u56fa\u5b9a\u6708\u8d39\u5f62\u5f0f\u6536\u53d6\uff09\u3002 \u540c\u65f6\uff0c\u5404\u7c7b\u4e3b\u4f53\u53ef\u4ee5\u6309\u7167\u4e00\u5b9a\u7684\u7c7b\u522b\u5f52\u5c5e\u6765\u63a5\u5165E-SDR\uff0c\u5e76\u4e14\u5168\u4f53\u5e02\u573a\u53c2\u4e0e\u8005\u8fd8\u80fd\u591f\u5171\u540c\u53c2\u4e0e\u7ef4\u62a4\u7cfb\u7edf\u7684\u7a33\u5b9a\u6027\u548c\u6301\u7eed\u6027\u3002\u56e0\u6b64\uff0cE-SDR\u8fd8\u5c06\u63d0\u9ad8\u8d44\u91d1\u6743\u76ca\u548c\u4ea4\u6613\u4fe1\u606f\u7684\u5b8c\u6574\u6027\u548c\u53ef\u9760\u6027\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u6b64\u5916\uff0c\u5bf9\u4e8e\u5c0f\u5fae\u652f\u4ed8\u3001\u9500\u552e\u7ec8\u7aef\u652f\u4ed8\u3001\u7f51\u7edc\u8d2d\u7269\u4ee5\u53ca\u56fd\u5185\u5916\u8f6c\u8d26\u7b49\u6781\u4e3a\u788e\u7247\u5316\u7684\u4ea4\u6613\u800c\u8a00\uff0cE-SDR\u80fd\u591f\u4ee5\u76f8\u5bf9\u788e\u7247\u5316\u7684\u652f\u4ed8\u548c\u4ea4\u6613\u65b9\u5f0f\u6ee1\u8db3\u8fd9\u90e8\u5206\u7528\u6237\u7fa4\u4f53\u65e5\u76ca\u7075\u6d3b\u7684\u652f\u4ed8\u9700\u6c42\u3002\u56e0\u6b64\uff0cE-SDR\u7684\u6570\u5b57\u5f62\u5f0f\u548c\u7cfb\u7edf\u72ec\u7acb\u6027\u4e5f\u5c06\u62d3\u5bbd\u8d27\u5e01\u7684\u652f\u4ed8\u7f51\u7edc\uff0c\u4e3a\u66f4\u5e7f\u8303\u56f4\u5185\u7684\u53c2\u4e0e\u8005\u63d0\u4f9b\u66f4\u4e3a\u4fbf\u5229\u7684\u6e05\u7b97\u65b9\u5f0f\u3002\u4ece\u8fd9\u4e00\u89c6\u89d2\u6765\u770b\uff0cE-SDR\u6709\u52a9\u4e8e\u6253\u9020\u4e00\u4e2a\u66f4\u52a0\u666e\u60e0\u7684\u5168\u7403\u91d1\u878d\u4f53\u7cfb\uff0c\u5e76\u63a8\u52a8\u7ecf\u6d4e\u6a21\u5f0f\u5411\u6570\u5b57\u5316\u3001\u7f51\u7edc\u5316\u548c\u6280\u672f\u5316\u53d1\u5c55\u3002\u4e00\u65b9\u9762\uff0cE-SDR\u6709\u52a9\u4e8e\u6253\u7834\u4e2d\u5fc3\u5316\u6570\u636e\u7ba1\u7406\u5f15\u53d1\u7684\u5229\u76ca\u4fdd\u62a4\uff1b\u53e6\u4e00\u65b9\u9762\uff0cE-SDR\u8fd8\u80fd\u591f\u5b9e\u73b0\u9ad8\u6548\u7684\u4fe1\u606f\u4e92\u6362\u548c\u8d44\u91d1\u7684\u4ea4\u6613\uff0c\u5e76\u5728\u66f4\u5927\u8303\u56f4\u5185\u5b9e\u73b0\u201c\u4e00\u8d26\u6237\u591a\u573a\u666f\u3001\u4e00\u5e73\u53f0\u591a\u8d26\u6237\u3001\u5e73\u53f0\u9010\u6e10\u8d85\u7ea7\u8d26\u6237\u5316\u3002\u201d<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u7b2c\u56db\uff0cE-SDR\u80fd\u591f\u4e3a\u91d1\u878d\u4f53\u7cfb\u642d\u5efa\u65b0\u7684\u4fe1\u7528\u8bc1\u660e\u624b\u6bb5\u4e0e\u7cfb\u7edf\uff0c\u5e76\u8fdb\u4e00\u6b65\u63d0\u9ad8\u5e02\u573a\u7684\u53ef\u76d1\u7ba1\u6027\u3002\u7f8e\u56fd\u7f57\u5207\u65af\u7279\u5927\u5b66\uff08University of Rochester\uff09\u6559\u6388\u7eb3\u62c9\u4e9a\u7eb3\u00b7\u79d1\u8d6b\u62c9\u79d1\u5854\uff08Narayana Kocherlakota\uff09\u8ba4\u4e3a\uff0c\u4f20\u7edf\u7684\u91d1\u878d\u4f53\u7cfb\u4e0b\u7684\u4fe1\u7528\u4fe1\u606f\u66f4\u65b0\u5f80\u5f80\u662f\u6ede\u540e\u7684\u4e0e\u9759\u6001\u7684\uff0c\u8fd9\u5c31\u5bfc\u81f4\u4fe1\u7528\u4f53\u7cfb\u65e0\u6cd5\u5145\u5206\u53d1\u6325\u4ef7\u503c\u652f\u6491\u7684\u4f5c\u7528\uff0c\u6781\u5927\u5730\u5236\u7ea6\u4e86\u8d44\u6e90\u7684\u6700\u4f18\u914d\u7f6e\u3002 \u5728\u5efa\u7acb\u4e00\u5957\u5b8c\u6574\u3001\u53ef\u7528\u7684\u4fe1\u606f\u8f6c\u79fb\u673a\u5236\u7684\u57fa\u7840\u4e0a\uff0cE-SDR\u80fd\u591f\u4ee5\u533a\u5757\u94fe\u5b58\u8bc1\u5b9e\u73b0\u5bf9\u8d44\u4ea7\u6d41\u8f6c\u7684\u8ffd\u6eaf\uff0c\u4ece\u6280\u672f\u4e0a\u4e3a\u5404\u7c7b\u4ea4\u6613\u63d0\u4f9b\u66f4\u4e3a\u53ef\u4fe1\u7684\u73af\u5883\u3002\u4e00\u65b9\u9762\uff0cE-SDR\u80fd\u591f\u901a\u8fc7\u7a0b\u5e8f\u7b97\u6cd5\u81ea\u52a8\u3001\u5b8c\u6574\u5730\u8bb0\u5f55\u4fe1\u7528\u751f\u6001\u4e2d\u7684\u6240\u6709\u4ea4\u6613\uff0c\u5c06\u6240\u6709\u8d26\u672c\u53ca\u526f\u672c\u4ee5\u5206\u5e03\u5f0f\u548c\u52a0\u5bc6\u7684\u65b9\u5f0f\u50a8\u5b58\u5728\u591a\u4e2a\u7ec8\u7aef\u5e73\u53f0\u4e0a\uff0c\u4f7f\u5f97\u6240\u6709\u53c2\u4e0e\u8005\u90fd\u80fd\u8f83\u4e3a\u4fbf\u6377\u5730\u67e5\u8be2\u5f81\u4fe1\u4fe1\u606f\u548c\u8bc4\u4f30\u4ea4\u6613\u5bf9\u8c61\u7684\u4fe1\u7528\u72b6\u51b5\u3002 \u53e6\u4e00\u65b9\u9762\uff0cE-SDR\u6240\u642d\u5efa\u7684\u6570\u5b57\u91d1\u878d\u4f53\u7cfb\u4f7f\u5f97\u6240\u6709\u7ecf\u6d4e\u6d3b\u52a8\u7684\u6570\u636e\u80fd\u591f\u88ab\u8bb0\u5f55\u548c\u8ffd\u8e2a\uff0c\u76d1\u7ba1\u8005\u5728\u83b7\u5f97\u6388\u6743\u540e\uff0c\u4fbf\u53ef\u5bf9\u8d44\u91d1\u7684\u6765\u6e90\u3001\u53bb\u5411\u3001\u652f\u4ed8\u4e8b\u7531\u3001\u652f\u4ed8\u91d1\u989d\u3001\u652f\u4ed8\u9891\u7387\u7b49\u6570\u636e\u8fdb\u884c\u5206\u6790\uff0c\u8fdb\u800c\u80fd\u66f4\u4e3a\u5145\u5206\u5730\u638c\u63e1\u5e02\u573a\u8fd0\u884c\u7684\u57fa\u672c\u72b6\u51b5\u548c\u66f4\u4e3a\u53ca\u65f6\u5730\u53d1\u73b0\u5f02\u5e38\u4ea4\u6613\u52a8\u5411\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u540c\u65f6\uff0cE-SDR\u6240\u642d\u5efa\u7684\u5782\u76f4\u5316\u3001\u6241\u5e73\u5316\u7684\u6570\u5b57\u91d1\u878d\u4f53\u7cfb\u4e5f\u5c06\u6781\u5927\u5730\u63d0\u9ad8\u5e02\u573a\u7684\u53ef\u76d1\u7ba1\u6027\uff0c\u8fdb\u800c\u66f4\u4e3a\u6709\u6548\u5730\u6253\u51fb\u6d17\u94b1\u3001\u5077\u7a0e\u6f0f\u7a0e\u548c\u8150\u8d25\u7b49\u8fdd\u6cd5\u884c\u4e3a\u3002\u4f8b\u5982\uff0cE-SDR\u80fd\u591f\u7528\u4e8e\u8ffd\u8e2a\u5bf9\u8d2b\u56f0\u5730\u533a\u7684\u56fd\u9645\u63f4\u52a9\u8d44\u91d1\u7684\u4f7f\u7528\uff0c\u5e76\u786e\u4fdd\u63f4\u52a9\u5b8c\u5168\u7528\u4e8e\u8d2b\u56f0\u4eba\u7fa4\uff0c\u8fdb\u800c\u51cf\u5c11\u8d2b\u56f0\u63f4\u52a9\u8fc7\u7a0b\u4e2d\u7684\u8d44\u91d1\u635f\u8017\u548c\u5b98\u50da\u8150\u8d25\u3002 \u6b64\u5916\uff0cE-SDR\u80fd\u591f\u5c06\u6cd5\u5f8b\u6cd5\u89c4\u548c\u5546\u4e1a\u5408\u540c\u7b49\u4ea4\u6613\u89c4\u5219\u5d4c\u5165\u81ea\u8eab\u7684\u7ed3\u7b97\u7cfb\u7edf\u4e4b\u4e2d\uff0c\u5e76\u901a\u8fc7\u81ea\u5e26\u7684\u5171\u8bc6\u534f\u8bae\u548c\u667a\u80fd\u5408\u7ea6\u8fdb\u884c\u5546\u4e1a\u7ec6\u5219\u7684\u667a\u80fd\u6267\u884c\uff0c\u8fdb\u800c\u964d\u4f4e\u4ea4\u6613\u7684\u8fb9\u9645\u6210\u672c\uff0c\u63a8\u52a8\u8de8\u5883\u652f\u4ed8\u4e0e\u7ed3\u7b97\u4e1a\u52a1\u4ea4\u6613\u3002\u9488\u5bf9\u8fd9\u4e00\u70b9\uff0c\u963f\u8054\u914b\u54c8\u5229\u6cd5\u79d1\u6280\u5927\u5b66\uff08Khalifa University of Science and Technology\uff09\u54c8\u7acb\u5fb7\u00b7\u8428\u62c9\u8d6b\uff08Khaled Salah\uff09\u6559\u6388\u8ba4\u4e3a\uff0c\u667a\u80fd\u5408\u7ea6\u5728\u6570\u5b57\u8d27\u5e01\u4e2d\u7684\u4ecb\u5165\u4e0d\u4ec5\u5c06\u4e3a\u5546\u4e1a\u89c4\u5219\u7684\u843d\u5b9e\u63d0\u4f9b\u6709\u6548\u7684\u6267\u884c\u624b\u6bb5\uff0c\u800c\u4e14\u4e5f\u5c06\u4e3a\u7269\u8054\u7f51\u6570\u636e\u7684\u8d27\u5e01\u5316\u63d0\u4f9b\u53ef\u884c\u7684\u89e3\u51b3\u65b9\u6848\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u5f53\u7136\uff0c\u672c\u6587\u6240\u6784\u60f3\u7684\u4ee5\u533a\u5757\u94fe\u6280\u672f\u4e3a\u6838\u5fc3\u7684E-SDR\u4f53\u7cfb\u6240\u5177\u6709\u7684\u90e8\u5206\u7279\u70b9\u548c\u529f\u80fd\u8d85\u51fa\u4e86\u73b0\u6709\u8d27\u5e01\u7406\u8bba\u7684\u6307\u5bfc\uff0c\u5e76\u4e14E-SDR\u4e5f\u8fd8\u7f3a\u5c11\u53ef\u4f9b\u8861\u91cf\u7684\u91d1\u878d\u7ed3\u6784\u548c\u6307\u6807\u6570\u636e\uff0c\u56e0\u6b64\uff0c\u8fd8\u9700\u8981\u5bf9E-SDR\u7684\u89c4\u5219\u8bbe\u8ba1\u53ca\u5176\u53ef\u884c\u6027\u8fdb\u884c\u8fdb\u4e00\u6b65\u7684\u7406\u8bba\u6f14\u7ece\u4e0e\u5b9e\u8bc1\u6a21\u62df\u3002\u4f46\u66f4\u9700\u8ba4\u6e05\u7684\u662f\uff0c\u4e92\u8054\u7f51\u65f6\u4ee3\u4e0b\u5f62\u6210\u7684\u5168\u7403\u5316\u8fde\u63a5\u5e73\u53f0\uff0c\u5df2\u7ecf\u4e3a\u5efa\u7acb\u9ad8\u6548\u7387\u3001\u4f4e\u6210\u672c\u7684\u5168\u7403\u652f\u4ed8\u6e05\u7b97\u4f53\u7cfb\u5960\u5b9a\u4e86\u5145\u5206\u7684\u57fa\u7840\u3002\u8fd9\u610f\u5473\u7740E-SDR\u5177\u5907\u4e00\u5b9a\u7684\u5b9e\u73b0\u53ef\u80fd\u3002\u53ef\u4ee5\u9884\u89c1\uff0c\u968f\u7740\u6280\u672f\u548c\u5236\u5ea6\u7684\u65e5\u81fb\u5b8c\u5584\uff0cE-SDR\u8d85\u4e3b\u6743\u6570\u5b57\u8d27\u5e01\u4f53\u7cfb\u7684\u5efa\u8bbe\u5c06\u66f4\u52a0\u53ef\u884c\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n

<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
 <\/section>\n<\/section>\n<\/section>\n
\n
\n
 <\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n

\u4e09\u3001<\/strong>\u4e2d\u56fd\u53c2\u4e0e\u8d85\u4e3b\u6743\u6570\u5b57\u8d27\u5e01\u4f53\u7cfb\u5efa\u6784\u7684\u5fc5\u8981\u6027<\/strong><\/span><\/strong><\/p>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n

\n
\n
\n
 <\/section>\n<\/section>\n


<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n


<\/p>\n

<\/span><\/strong><\/span><\/p>\n

\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u5982\u4e0a\u6240\u8ff0\uff0c\u4ee5\u7f8e\u5143\u4e3a\u4e2d\u5fc3\u7684\u56fd\u9645\u8d27\u5e01\u4f53\u7cfb\u4e0d\u4ec5\u52a0\u5267\u4e86\u5168\u7403\u7ecf\u6d4e\u6cbb\u7406\u4e2d\u7ed3\u6784\u6027\u5931\u8861\u7684\u95ee\u9898\uff0c\u5e76\u4e14\u8fd8\u5bfc\u81f4\u5168\u7403\u7ecf\u6d4e\u53d1\u5c55\u51fa\u73b0\u7ecf\u5e38\u6027\u7684\u4e0d\u7a33\u5b9a\u3002\u540c\u65f6\uff0c\u5168\u7403\u5316\u7684\u53d1\u5c55\u8981\u6c42\u6784\u5efa\u66f4\u5177\u6d3b\u529b\u4e0e\u666e\u60e0\u6027\u7684\u5168\u7403\u7ecf\u6d4e\u6cbb\u7406\u4f53\u7cfb\uff0c\u5e76\u8981\u6c42\u5145\u5206\u8c03\u52a8\u521b\u65b0\u8981\u7d20\u8d44\u6e90\u5728\u5168\u7403\u8303\u56f4\u5185\u7684\u6d41\u52a8\u3002 \u6b64\u5916\uff0c\u6570\u5b57\u8d27\u5e01\u7684\u5174\u8d77\u4e3a\u8d85\u4e3b\u6743\u8d27\u5e01\u7684\u6784\u5efa\u4ee5\u53ca\u5168\u7403\u7ecf\u6d4e\u6cbb\u7406\u7684\u6539\u9769\u63d0\u4f9b\u4e86\u91cd\u8981\u7684\u5951\u673a\u3002\u56e0\u6b64\uff0c\u5c3d\u7ba1\u672c\u6587\u6240\u63d0\u51fa\u7684E-SDR\u8d85\u4e3b\u6743\u8d27\u5e01\u4f53\u7cfb\u7684\u6784\u60f3\u4e0d\u5c3d\u5b8c\u5168\uff0c\u4f46\u662f\u4ece\u4ee5\u4e0b\u56db\u4e2a\u89c6\u89d2\u51fa\u53d1\uff0c\u8fd9\u4e00\u53c2\u4e0e\u8d85\u4e3b\u6743\u6570\u5b57\u8d27\u5e01\u6784\u5efa\u7684\u6784\u60f3\u5bf9\u4e2d\u56fd\u800c\u8a00\u4ecd\u5177\u6709\u6781\u4e3a\u91cd\u8981\u7684\u610f\u4e49\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\uff08\u4e00\uff09\u8d85\u4e3b\u6743\u6570\u5b57\u8d27\u5e01\u662f\u6253\u7834\u7f8e\u5143\u9738\u6743\u7684\u91cd\u8981\u9014\u5f84<\/span><\/strong><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u5b9e\u9645\u4e0a\uff0c\u7531\u4e8e\u8d27\u5e01\u7684\u672c\u8d28\u662f\u4e00\u79cd\u57fa\u4e8e\u5171\u8bc6\u7684\u4fe1\u7528\uff0c\u56e0\u6b64\u8d27\u5e01\u7ade\u4e89\u672c\u8eab\u5c31\u662f\u4e00\u79cd\u5bf9\u4e8e\u5171\u8bc6\u4fe1\u7528\u7684\u7ade\u4e89\u3002\u5f53\u524d\u56fd\u9645\u8d27\u5e01\u4f53\u7cfb\u7684\u786e\u7acb\u6b63\u662f\u56fd\u5bb6\u4e3b\u6743\u4fe1\u7528\u7ade\u4e89\u7684\u7ed3\u679c\uff0c\u5373\u73b0\u884c\u56fd\u9645\u8d27\u5e01\u4f53\u7cfb\u4e2d\u7684\u7f8e\u5143\u4e2d\u5fc3\u5316\u5c31\u662f\u7f8e\u56fd\u7684\u4fe1\u7528\u90e8\u5206\u6216\u5168\u90e8\u4ee3\u66ff\u4e86\u4ed6\u56fd\u7684\u4fe1\u7528\u3002 \u8fd9\u5c31\u5bfc\u81f4\u56fd\u9645\u50a8\u5907\u8d27\u5e01\u4f9b\u7ed9\u591a\u6570\u6765\u81ea\u7f8e\u56fd\u56fd\u5185\u4fe1\u7528\u6269\u5f20\uff0c\u800c\u7f8e\u56fd\u5219\u901a\u8fc7\u8d38\u6613\u8d64\u5b57\u65b9\u5f0f\u5411\u975e\u50a8\u5907\u8d27\u5e01\u56fd\u8f93\u51fa\u201c\u6e38\u620f\u89c4\u5219\u201d\u3002\u4e0e\u6b64\u540c\u65f6\uff0c\u5728\u4e3b\u6743\u4fe1\u7528\u8d27\u5e01\u4f53\u7cfb\u4e4b\u4e0b\uff0c\u8d27\u5e01\u6301\u7eed\u6027\u7684\u6269\u5f20\u4e0d\u4ec5\u6253\u7834\u4e86\u8d27\u5e01\u4ef7\u503c\u4ee5\u653f\u5e9c\u4fe1\u7528\u4e3a\u951a\u7684\u5185\u90e8\u9a7b\u951a\u4f53\u7cfb\uff0c\u4e5f\u52a0\u5267\u4e86\u8d27\u5e01\u603b\u91cf\u4e0e\u653f\u5e9c\u4fe1\u7528\u603b\u91cf\u7684\u4e0d\u5339\u914d\uff0c\u8fdb\u800c\u5bfc\u81f4\u6c47\u7387\u548c\u901a\u80c0\u9884\u671f\u51fa\u73b0\u663e\u8457\u6027\u7684\u5931\u8861\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u4f5c\u4e3a\u4e00\u79cd\u8d85\u4e3b\u6743\u8d27\u5e01\u4f53\u7cfb\u7684\u7406\u8bba\u63a2\u7d22\u4e0e\u91d1\u878d\u5b9e\u8df5\uff0cE-SDR\u7684\u6784\u5efa\u4ee5\u533a\u5757\u94fe\u7b49\u6280\u672f\u53ca\u5176\u914d\u5957\u673a\u5236\u4e0a\u6240\u5b9e\u73b0\u7684\u6570\u5b57\u4fe1\u7528\u4e3a\u57fa\u7840\uff0c\u5176\u53d1\u884c\u5219\u662f\u57fa\u4e8e\u7ecf\u6d4e\u589e\u957f\u53ca\u793e\u4f1a\u5546\u54c1\u751f\u4ea7\u7684\u6570\u636e\uff0c\u7ecf\u7531\u4e00\u7cfb\u5217\u7b97\u6cd5\u8ba1\u7b97\u540e\u51b3\u5b9a\u7684\uff0c\u5373E-SDR\u80fd\u591f\u6839\u636e\u793e\u4f1a\u751f\u4ea7\u6761\u4ef6\u6216\u7ecf\u6d4e\u751f\u4ea7\u6548\u7387\u7684\u6ce2\u52a8\u800c\u505a\u51fa\u53ca\u65f6\u6709\u6548\u7684\u8c03\u6574\uff0c\u8fd9\u4e00\u6570\u5b57\u4fe1\u7528\u4e0e\u4ef7\u683c\u8c03\u8282\u673a\u5236\u80fd\u591f\u4e00\u5b9a\u7a0b\u5ea6\u4e0a\u6253\u7834\u4f20\u7edf\u91d1\u5c5e\u5546\u54c1\u548c\u7279\u5b9a\u4e3b\u6743\u8d27\u5e01\u5728\u8d27\u5e01\u951a\u5b9a\u4e0a\u7684\u9650\u5236\u3002\u8fd9\u4e5f\u610f\u5473\u7740E-SDR\u7684\u5f62\u6210\u673a\u5236\u4e0e\u53d1\u884c\u91cf\u53d6\u51b3\u4e8e\u771f\u5b9e\u7ecf\u6d4e\u4f53\u7cfb\u7684\u8d44\u6e90\u603b\u91cf\u4e0e\u914d\u7f6e\u72b6\u51b5\uff0c\u4e0e\u5168\u7403\u7ecf\u6d4e\u7684\u53d1\u5c55\u6709\u7740\u66f4\u4e3a\u7d27\u5bc6\u7684\u7ed3\u5408\u3002\u4e0e\u6b64\u540c\u65f6\uff0cE-SDR\u672c\u8eab\u662f\u57fa\u4e8e\u591a\u65b9\u53c2\u4e0e\u3001\u76f8\u4e92\u76d1\u7763\u548c\u5171\u540c\u7ef4\u62a4\u7684\u57fa\u7840\u800c\u6784\u5efa\u7684\u3002\u8fd9\u662f\u7531\u4e8eE-SDR\u901a\u8fc7\u5206\u5e03\u5f0f\u7f51\u7edc\u6240\u6784\u5efa\u7684\u662f\u4e00\u79cd\u591a\u5411\u7684\u4fe1\u4efb\u5173\u7cfb\uff0c\u5373\u5168\u7403\u4fe1\u7528\u7f51\u7edc\u7684\u5f62\u6210\u662f\u5728\u5404\u56fd\u5171\u540c\u53c2\u4e0e\u7684\u57fa\u7840\u4e0a\u5f62\u6210\u7684\u3002 \u5728\u8fd9\u4e00\u4fe1\u4efb\u7f51\u7edc\u5b9e\u73b0\u7684\u524d\u63d0\u4e0b\uff0cE-SDR\u80fd\u591f\u5c06\u591a\u8fb9\u4e3b\u4f53\u7684\u540c\u8d28\u6027\u57fa\u7840\u4e0e\u5f02\u8d28\u6027\u9700\u6c42\u66f4\u597d\u5730\u5d4c\u5165\u8d27\u5e01\u8c03\u6574\u4e2d\u53bb\u3002 \u4ece\u8fd9\u4e2a\u89d2\u5ea6\u6765\u770b\uff0cE-SDR\u80fd\u591f\u901a\u8fc7\u964d\u4f4e\u4ee5\u4e2a\u522b\u56fd\u5bb6\u4e3a\u4e2d\u5fc3\u7684\u79c1\u6709\u6027\u6765\u8d4b\u4e88\u8d27\u5e01\u66f4\u4e3a\u5e7f\u6cdb\u7684\u793e\u4f1a\u6027\uff0c\u4ece\u800c\u907f\u514d\u56e0\u91d1\u878d\u9738\u6743\u6216\u884c\u653f\u6027\u5e72\u9884\u6240\u5bfc\u81f4\u7684\u901a\u8d27\u81a8\u80c0\u548c\u5229\u76ca\u518d\u5206\u914d\u503e\u5411\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\uff08\u4e8c\uff09\u8d85\u4e3b\u6743\u6570\u5b57\u8d27\u5e01\u662f\u6784\u5efa\u8d44\u6e90\u4ea4\u4e92\u5e73\u53f0\u4e0e\u4fe1\u4efb\u673a\u5236\u7684\u91cd\u8981\u6e20\u9053<\/span><\/strong><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u8d27\u5e01\u5bf9\u793e\u4f1a\u5173\u7cfb\u5185\u5728\u7ef4\u5ea6\u6539\u53d8\u7684\u91cd\u8981\u8868\u73b0\u5728\u4e8e\u5c06\u4e2a\u4eba\u5355\u70b9\u8054\u7cfb\u8f6c\u53d8\u4e3a\u666e\u904d\u4ea4\u5f80\u7684\u591a\u70b9\u8054\u7cfb\u3002 \u5b9e\u9645\u4e0a\uff0c\u5f53\u4e07\u7269\u4e92\u8054\u7684\u793e\u4f1a\u72b6\u6001\u5b9e\u73b0\u540e\uff0c\u6240\u6709\u793e\u4f1a\u4fe1\u606f\u5c06\u5f62\u6210\u5168\u65b9\u4f4d\u7684\u4e92\u52a8\u5173\u7cfb\uff0c\u4eba\u3001\u8d22\u3001\u7269\u7b49\u8d44\u6e90\u7684\u5f00\u53d1\u53ca\u5229\u7528\u6548\u7387\u5c06\u5f97\u5230\u6781\u5927\u63d0\u5347\u3002 \u5728\u8fd9\u4e00\u793e\u4f1a\u72b6\u6001\u4e0b\uff0c\u5168\u8981\u7d20\u751f\u4ea7\u7387\u548c\u793e\u4f1a\u8d44\u6e90\u4f7f\u7528\u7387\u5c31\u6709\u53ef\u80fd\u5f97\u5230\u6700\u5927\u7a0b\u5ea6\u4f18\u5316\u3002\u4e0e\u6b64\u540c\u65f6\uff0c\u8fd9\u79cd\u793e\u4f1a\u72b6\u6001\u4e5f\u80fd\u591f\u63d0\u9ad8\u5404\u56fd\u5728\u6743\u5229\u3001\u8d23\u4efb\u4e0e\u5229\u76ca\u4e0a\u7684\u5173\u8054\u6027\uff0c\u8fdb\u800c\u52a9\u63a8\u56fd\u5bb6\u5173\u7cfb\u6cbb\u7406\u6a21\u5f0f\u5411\u534f\u5546\u6cbb\u7406\u7ed3\u6784\u8f6c\u578b\uff0c\u4fc3\u8fdb\u4eba\u7c7b\u547d\u8fd0\u5171\u540c\u4f53\u610f\u8bc6\u7684\u4ea7\u751f\u3002 \u800c\u4ee5E-SDR\u4e3a\u4ee3\u8868\u7684\u6570\u5b57\u8d27\u5e01\u80fd\u591f\u901a\u8fc7\u6784\u5efa\u4e00\u79cd\u793e\u4f1a\u4ef7\u503c\u7684\u8fde\u63a5\u7cfb\u7edf\u6765\u63a8\u52a8\u8fd9\u4e00\u8f6c\u53d8\u7684\u5b9e\u73b0\u3002\u4e00\u65b9\u9762\uff0c\u57fa\u4e8e\u6570\u5b57\u5316\u7684\u8fd0\u4f5c\u65b9\u5f0f\uff0cE-SDR\u80fd\u591f\u5f62\u6210\u8f83\u4e3a\u987a\u7545\u7684\u8d27\u5e01\u6d41\u901a\u4e0e\u4f20\u5bfc\u673a\u5236\uff0c\u63d0\u9ad8\u793e\u4f1a\u6574\u4f53\u7ecf\u6d4e\u4f53\u7cfb\u8fd0\u884c\u7684\u6d41\u52a8\u6027\uff0c\u8fdb\u800c\u51cf\u5c11\u539f\u6709\u4e3b\u6743\u4fe1\u7528\u8d27\u5e01\u4f53\u7cfb\u5bf9\u4e8e\u5404\u56fd\u53c2\u4e0e\u5168\u7403\u8d38\u6613\u548c\u533a\u57df\u4ef7\u503c\u94fe\u5206\u5de5\u7684\u9650\u5236\u3002 \u53e6\u4e00\u65b9\u9762\uff0cE-SDR\u8fd8\u5c06\u52a0\u5feb\u521b\u65b0\u8981\u7d20\u8d44\u6e90\u5728\u5168\u7403\u8303\u56f4\u5185\u7684\u6d41\u52a8\uff0c\u5e76\u5728\u4f4e\u4ea4\u6613\u6210\u672c\u6fc0\u52b1\u4e0b\u4fc3\u8fdb\u8d38\u6613\u3001\u5546\u54c1\u548c\u4fe1\u606f\u6d41\u7684\u6269\u5f20\uff0c\u8fdb\u800c\u5b9e\u73b0\u89c4\u6a21\u7ecf\u6d4e\u4e0e\u6570\u5b57\u7ecf\u6d4e\u9a71\u52a8\u7684\u65b0\u578b\u5168\u7403\u5316\u673a\u5236\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\uff08\u4e09\uff09\u8d85\u4e3b\u6743\u6570\u5b57\u8d27\u5e01\u662f\u4e00\u79cd\u63a8\u8fdb\u5168\u7403\u8d27\u5e01\u5408\u4f5c\u7684\u4e2d\u95f4\u8def\u7ebf<\/span><\/strong><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u5b9e\u9645\u4e0a\uff0c\u4f5c\u4e3a\u4e00\u79cd\u5851\u9020\u7ecf\u6d4e\u6743\u529b\u548c\u5229\u76ca\u5206\u914d\u7684\u6a21\u5f0f\u4e0e\u8def\u5f84\uff0c\u56fd\u9645\u8d27\u5e01\u4f53\u7cfb\u672c\u8eab\u5c31\u5177\u6709\u9ad8\u5ea6\u7684\u653f\u6cbb\u6027\u548c\u6218\u7565\u6027\u3002\u8fd9\u79cd\u6027\u8d28\u51b3\u5b9a\u4e86\u5404\u56fd\u95f4\u7684\u8d27\u5e01\u5173\u7cfb\u5b58\u5728\u4e00\u5b9a\u7684\u5bf9\u6297\u6027\uff0c\u8fdb\u800c\u5bfc\u81f4\u5404\u56fd\u5c24\u5176\u662f\u5927\u56fd\u95f4\u7684\u8d27\u5e01\u56f4\u7ed5\u5404\u81ea\u7684\u56fd\u5bb6\u5229\u76ca\u800c\u51fa\u73b0\u8f83\u4e3a\u6fc0\u70c8\u7684\u535a\u5f08\u3002 \u4f8b\u5982\uff0c\u7f8e\u56fd\u5bf9\u5916\u53d1\u52a8\u6218\u4e89\u6216\u6311\u8d77\u8d38\u6613\u6469\u64e6\u7684\u539f\u56e0\uff0c\u591a\u6570\u4e0e\u7f8e\u5143\u9738\u6743\u5730\u4f4d\u52a8\u6447\u6709\u5173\uff0c\u5e76\u4e14\u7f8e\u56fd\u5bf9\u65e5\u5143\u3001\u6b27\u5143\u7b49\u5176\u4ed6\u8d27\u5e01\u7684\u5d1b\u8d77\u4e5f\u5b9e\u884c\u9ad8\u538b\u904f\u5236\u7b56\u7565\u3002 \u540c\u65f6\uff0c\u4ee5\u8d38\u6613\u6469\u64e6\u4e3a\u5f00\u7aef\u7684\u4e2d\u7f8e\u6218\u7565\u7ade\u4e89\u683c\u5c40\u5df2\u7ecf\u521d\u6b65\u5f62\u6210\uff0c\u4e2d\u7f8e\u8d38\u6613\u51b2\u7a81\u4e5f\u5df2\u9010\u6b65\u5347\u7ea7\u5230\u4e86\u8d27\u5e01\u5c42\u9762\u3002\u5728\u6b64\u80cc\u666f\u4e4b\u4e0b\uff0c\u5982\u679c\u7ee7\u7eed\u6309\u7167\u539f\u6709\u8def\u5f84\u63a8\u884c\u4eba\u6c11\u5e01\u56fd\u9645\u5316\uff0c\u5c06\u6781\u6709\u53ef\u80fd\u6269\u5927\u4eba\u6c11\u5e01\u4e0e\u7f8e\u5143\u4e4b\u95f4\u7684\u7ade\u4e89\uff0c\u751a\u81f3\u5bfc\u81f4\u53cc\u65b9\u9677\u5165\u5b8c\u5168\u7684\u96f6\u548c\u535a\u5f08\u72b6\u6001\u3002\u7136\u800c\uff0c\u7ecf\u6d4e\u6cbb\u7406\u7684\u6838\u5fc3\u5728\u4e8e\u8d27\u5e01\uff0c\u4e00\u65e6\u4eba\u6c11\u5e01\u4e0e\u7f8e\u5143\u4e4b\u95f4\u51fa\u73b0\u4e86\u96f6\u548c\u7ade\u4e89\uff0c\u5219\u6781\u6709\u53ef\u80fd\u52a0\u5267\u4e2d\u7f8e\u5728\u7ecf\u8d38\u4e0a\u7684\u51b2\u7a81\u3002 \u6b64\u5916\uff0c\u5404\u56fd\u53d1\u5c55\u6c34\u5e73\u5931\u8861\u3001\u56fd\u5bb6\u5229\u76ca\u5dee\u5f02\u4ee5\u53ca\u5730\u7f18\u653f\u6cbb\u5371\u673a\u7b49\u56e0\u7d20\u66f4\u662f\u5bf9\u8d27\u5e01\u5408\u4f5c\u9020\u6210\u4e86\u6781\u5927\u7684\u9650\u5236\u3002 \u6b27\u6d32\u3001\u4e1c\u4e9a\u5730\u533a\u548c\u6b27\u4f69\u514b\u7684\u90e8\u5206\u56fd\u5bb6\u4e0e\u7f8e\u56fd\u4e4b\u95f4\u4ecd\u4fdd\u6301\u7740\u7d27\u5bc6\u7684\u540c\u76df\u5173\u7cfb\u3002\u8fd9\u4e00\u56fd\u5bb6\u5b89\u5168\u5355\u5411\u4f9d\u8d56\u7684\u4e8b\u5b9e\u66f4\u662f\u52a0\u5927\u4e86\u4e2d\u56fd\u901a\u8fc7\u67d0\u79cd\u5f62\u5f0f\u7684\u5408\u4f5c\u6765\u8054\u5408\u8fd9\u4e9b\u56fd\u5bb6\u63a8\u52a8\u73b0\u884c\u56fd\u9645\u8d27\u5e01\u4f53\u7cfb\u6539\u9769\u7684\u96be\u5ea6\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u7531\u6b64\u53ef\u89c1\uff0c\u5c3d\u7ba1\u8d27\u5e01\u6743\u529b\u8f6c\u79fb\u4e0e\u5206\u6563\u662f\u5168\u7403\u653f\u6cbb\u7ecf\u6d4e\u4f53\u7cfb\u8f6c\u578b\u7684\u57fa\u672c\u7279\u5f81\uff0c\u5e76\u4e14\u4eba\u6c11\u5e01\u4e0e\u5176\u4ed6\u56fd\u9645\u8d27\u5e01\u5b58\u5728\u4e92\u76f8\u4f9d\u8d56\u3001\u5171\u540c\u4fc3\u8fdb\u7684\u79ef\u6781\u5c40\u9762\u3002\u4f46\u662f\u4eba\u6c11\u5e01\u7684\u56fd\u9645\u5316\u5fc5\u7136\u4f1a\u6d89\u53ca\u8d27\u5e01\u7ade\u4e89\u548c\u8d27\u5e01\u66ff\u4ee3\uff0c\u5e76\u5bf9\u56fd\u9645\u8d27\u5e01\u4f53\u7cfb\u7684\u65e2\u6709\u683c\u5c40\u4ea7\u751f\u5f71\u54cd\u3002 \u5982\u679c\u7ee7\u7eed\u6309\u7167\u4f20\u7edf\u7684\u8d27\u5e01\u56fd\u9645\u5316\u7684\u8def\u5f84\u63a8\u8fdb\u4eba\u6c11\u5e01\u7684\u5168\u7403\u5316\uff0c\u5e76\u4ee5\u6b64\u6765\u63a8\u52a8\u56fd\u9645\u8d27\u5e01\u4f53\u7cfb\u7684\u6539\u9769\uff0c\u5c31\u6781\u6709\u53ef\u80fd\u4f1a\u5f3a\u5316\u5176\u4ed6\u56fd\u5bb6\u5bf9\u4e2d\u56fd\u7684\u62b5\u89e6\u60c5\u7eea\uff0c\u8fdb\u800c\u963b\u788d\u4e2d\u56fd\u5728\u5168\u7403\u8303\u56f4\u5185\u5f00\u5c55\u5408\u4f5c\u548c\u63a8\u52a8\u5168\u7403\u7ecf\u6d4e\u6cbb\u7406\u7684\u6539\u9769\u3002\u4e3a\u6b64\uff0c\u7b14\u8005\u8ba4\u4e3a\u4e2d\u56fd\u5728\u63a8\u884c\u4eba\u6c11\u5e01\u56fd\u9645\u5316\u4ee5\u53ca\u8d27\u5e01\u533a\u57df\u5408\u4f5c\u7684\u8fc7\u7a0b\u4e2d\uff0c\u540c\u65f6\u4e5f\u9700\u8981\u5f00\u62d3\u4e00\u79cd\u7b26\u5408\u5168\u7403\u591a\u6570\u56fd\u5bb6\u5171\u540c\u5229\u76ca\u7684\u8d27\u5e01\u5408\u4f5c\u8def\u7ebf\uff0c\u5e76\u5c3d\u53ef\u80fd\u5728\u7ecf\u6d4e\u79e9\u5e8f\u53ef\u63a7\u7684\u60c5\u51b5\u4e0b\u63a8\u52a8\u5168\u7403\u7ecf\u6d4e\u6cbb\u7406\u7684\u6539\u9769\uff0c\u907f\u514d\u56e0\u7ecf\u6d4e\u5c42\u9762\u7684\u51b2\u7a81\u800c\u5bfc\u81f4\u653f\u6cbb\u5c42\u9762\u7684\u5bf9\u6297\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u800c\u4ee5E-SDR\u4e3a\u4ee3\u8868\u7684\u8d85\u4e3b\u6743\u6570\u5b57\u8d27\u5e01\u5c31\u662f\u4e00\u79cd\u4e2d\u95f4\u7684\u8d27\u5e01\u5408\u4f5c\u6784\u60f3\u3002\u4e00\u65b9\u9762\uff0cE-SDR\u672c\u8eab\u5c31\u662f\u7531\u56fd\u9645\u793e\u4f1a\u7684\u5404\u5229\u76ca\u6538\u5173\u65b9\u901a\u8fc7\u5171\u540c\u52aa\u529b\u6765\u6784\u5efa\u7684\uff0c\u5176\u8bf8\u591a\u7279\u6027\u4e5f\u80fd\u591f\u6ee1\u8db3\u5c06\u591a\u6570\u56fd\u5bb6\u5229\u76ca\u7eb3\u5165\u65b0\u578b\u8d27\u5e01\u6846\u67b6\u7684\u9700\u6c42\uff1b\u53e6\u4e00\u65b9\u9762E-SDR\u4e3a\u5168\u7403\u7ecf\u6d4e\u6cbb\u7406\u6784\u5efa\u7684\u8d44\u6e90\u3001\u4fe1\u606f\u4ea4\u4e92\u7684\u56fd\u9645\u5e73\u53f0\u548c\u4fe1\u4efb\u673a\u5236\uff0c\u4e5f\u80fd\u591f\u6709\u529b\u5730\u63a8\u52a8\u5168\u7403\u7ecf\u6d4e\u4e92\u8054\u4e92\u901a\u3001\u5171\u4eab\u5171\u6cbb\uff0c\u6709\u6548\u5730\u534f\u8c03\u5404\u65b9\u7684\u4ef7\u503c\u3001\u5229\u76ca\u548c\u9700\u6c42\u3002 \u56e0\u6b64\uff0cE-SDR\u4e0d\u4ec5\u80fd\u591f\u7f13\u89e3\u56e0\u8d27\u5e01\u7ade\u4e89\u5bfc\u81f4\u7684\u56fd\u9645\u7ade\u4e89\uff0c\u800c\u4e14\u4e5f\u6709\u52a9\u4e8e\u52a0\u5f3a\u5404\u56fd\u4e4b\u95f4\u7684\u5408\u4f5c\uff0c\u8fdb\u800c\u4e3a\u63a8\u52a8\u56fd\u9645\u8d27\u5e01\u4f53\u7cfb\u6539\u9769\u4e0e\u56fd\u9645\u5408\u4f5c\u8425\u9020\u5f39\u6027\u7a7a\u95f4\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\uff08\u56db\uff09\u8d85\u4e3b\u6743\u6570\u5b57\u8d27\u5e01\u662f\u5927\u56fd\u672a\u6765\u7ade\u4e89\u7684\u91cd\u8981\u8d5b\u9053<\/span><\/strong><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u76ee\u524d\uff0c\u7535\u5b50\u5546\u52a1\u3001\u79fb\u52a8\u652f\u4ed8\u4e0e\u5e73\u53f0\u7ecf\u6d4e\u7b49\u6570\u5b57\u7ecf\u6d4e\u7684\u53d1\u5c55\u4e3a\u8d85\u4e3b\u6743\u6570\u5b57\u8d27\u5e01\u7684\u6784\u5efa\u5960\u5b9a\u4e86\u4e00\u5b9a\u57fa\u7840\uff0c\u90e8\u5206\u56fd\u5bb6\u4e5f\u5df2\u5f00\u59cb\u5c1d\u8bd5\u6570\u5b57\u8d27\u5e01\u7684\u6784\u5efa\u4ee5\u4f5c\u4e3a\u5bf9\u8d27\u5e01\u4f53\u7cfb\u53d1\u5c55\u7684\u56de\u5e94\u3002\u7136\u800c\uff0c\u7531\u4e8e\u53d1\u8fbe\u56fd\u5bb6\u5728\u91d1\u878d\u4ea7\u4e1a\u3001\u79d1\u6280\u4e0e\u4eba\u624d\u7b49\u5173\u952e\u9886\u57df\u5177\u6709\u5148\u53d1\u4f18\u52bf\uff0c\u56e0\u800c\u53d1\u8fbe\u56fd\u5bb6\u5728\u6570\u5b57\u8d27\u5e01\u7684\u6784\u5efa\u4e0a\u5904\u4e8e\u7edd\u5bf9\u4f18\u52bf\u5730\u4f4d\u3002\u8fd9\u5728\u73b0\u884c\u7684\u6570\u5b57\u8d27\u5e01\u4e2d\u5df2\u6709\u6240\u4f53\u73b0\uff0c\u5373\u53d1\u8fbe\u56fd\u5bb6\u591a\u6570\u5df2\u7ecf\u5f00\u59cb\u5728\u6570\u5b57\u8d27\u5e01\u9886\u57df\u8fdb\u884c\u4e86\u5148\u671f\u5e03\u5c40\uff0c\u5176\u6570\u5b57\u8d27\u5e01\u53ca\u76f8\u5173\u4ea7\u4e1a\u7684\u6d3b\u8dc3\u5ea6\u660e\u663e\u4f18\u4e8e\u5176\u4ed6\u5730\u533a\u3002\u82f1\u56fd\u5251\u6865\u66ff\u4ee3\u91d1\u878d\u4e2d\u5fc3\uff08CCAF\uff09\u53d1\u5e03\u7684\u300a\u5168\u7403\u6570\u5b57\u52a0\u5bc6\u8d27\u5e01\u57fa\u51c6\u7814\u7a76\u300b\u663e\u793a\uff0c\u5728\u5176\u6240\u8c03\u67e5\u768427\u4e2a\u56fd\u5bb6\u768451\u5bb6\u6570\u5b57\u52a0\u5bc6\u8d27\u5e01\u4ea4\u6613\u6240\u4e2d\uff0c\u5927\u90e8\u5206\u4ea4\u6613\u6240\u90fd\u5206\u5e03\u5728\u6b27\u6d32\u4ee5\u53ca\u4e9a\u592a\u5730\u533a\u3002\u540c\u65f6\uff0c85%\u7684\u4e9a\u592a\u5730\u533a\u6570\u5b57\u8d27\u5e01\u4ea4\u6613\u6240\u6ca1\u6709\u8bb8\u53ef\u8bc1\uff0c\u800c78%\u7684\u5317\u7f8e\u4ea4\u6613\u6240\u5219\u90fd\u62e5\u6709\u6b63\u5f0f\u7684\u653f\u5e9c\u8bb8\u53ef\u6216\u6388\u6743\u3002\u6b64\u5916\uff0c\u5168\u7403\u7ea681%\u7684\u6570\u5b57\u52a0\u5bc6\u8d27\u5e01\u7684\u94b1\u5305\u670d\u52a1\u6765\u81ea\u5317\u7f8e\u548c\u6b27\u6d32\uff0c\u4f46\u8fd9\u4e24\u4e2a\u533a\u57df\u7684\u7528\u6237\u6570\u4ec5\u5360\u5230\u5168\u7403\u603b\u7528\u6237\u6570\u768461%\u3002 \u800c\u8fd9\u79cd\u80fd\u529b\u4f18\u52bf\u5f88\u53ef\u80fd\u5bfc\u81f4\u53d1\u8fbe\u56fd\u5bb6\u7ee7\u7eed\u5360\u636e\u6570\u5b57\u8d27\u5e01\u53d1\u5c55\u7684\u9ad8\u5730\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u4ee5\u7a33\u5b9a\u5e01\u4e3a\u4f8b\uff0c\u6839\u636eBlockchain Luxembourg SA2018\u5e7410\u6708\u53d1\u5e03\u7684\u300a\u7a33\u5b9a\u5e01\u72b6\u51b5\u300b\u62a5\u544a\uff0c\u5728\u5f53\u65f6\u768457\u79cd\u7a33\u5b9a\u5e01\u4e2d\uff0c66%\u7684\u7a33\u5b9a\u5e01\u951a\u5b9a\u4e8e\u7f8e\u5143\u3002\u5f53\u524d\u4f7f\u7528\u8303\u56f4\u6700\u5e7f\u6cdb\u7684\u7a33\u5b9a\u5e01USDT\uff08\u7531\u7f8e\u56fdTether\u516c\u53f8\u53d1\u884c\uff09\u4e5f\u662f\u4ee51\u22361\u6bd4\u7387\u951a\u5b9a\u7f8e\u5143\u3002\u540c\u65f6\uff0c\u9664\u4e86\u4e0a\u6587\u6240\u63d0\u53ca\u7531Facebook\u6240\u53d1\u884c\u7684Libra\u4e4b\u5916\uff0c\u6469\u6839\u5927\u901a\u3001IBM\u7b49\u7f8e\u56fd\u516c\u53f8\u4e5f\u76f8\u7ee7\u5ba3\u5e03\u5c06\u53d1\u884c\u951a\u5b9a\u6cd5\u5e01\u6216\u8d44\u4ea7\u7ec4\u5408\u7684\u7a33\u5b9a\u5e01\uff0c\u7f8e\u5143\u540c\u6837\u662f\u5176\u951a\u5b9a\u7684\u4e3b\u8981\u5bf9\u8c61\u3002\u53ef\u89c1\uff0c\u7f8e\u5143\u4e0d\u4ec5\u662f\u5168\u7403\u591a\u6570\u7a33\u5b9a\u5e01\u7684\u8ba1\u4ef7\u5355\u4f4d\uff0c\u4e5f\u662f\u80fd\u591f\u4e0e\u591a\u6570\u7a33\u5b9a\u5e01\u8fdb\u884c\u901a\u5151\u7684\u6cd5\u5e01\u3002 \u6b64\u5916\uff0c\u7ebd\u7ea6\u5dde\u91d1\u878d\u670d\u52a1\u5c40\uff08NYDFS\uff09\u57282018\u5e749\u6708\u6279\u51c6\u4e86\u4e24\u79cd\u57fa\u4e8e\u4ee5\u592a\u574aERC20\u53d1\u884c\u7684\u7a33\u5b9a\u5e01\u2014\u2014\u7f8e\u56fd\u53cc\u5b50\u661f\u4fe1\u6258\u516c\u53f8\u53d1\u884c\u7684Gemini Dollar\u4e0ePaxos\u4fe1\u6258\u53d1\u884c\u7684Paxos Standard\uff0c\u5c3d\u7ba1NYDFS\u5e76\u4e0d\u76f4\u63a5\u53c2\u4e0e\u7f8e\u5143\u7a33\u5b9a\u5e01\u7684\u5177\u4f53\u53d1\u884c\u53ca\u8fd0\u4f5c\u3002\u4f46\u7531\u4e8e\u5176\u5b98\u65b9\u80cc\u666f\uff0cNYDFS\u7684\u8ba4\u53ef\u5c06\u4e3a\u8fd9\u7c7b\u951a\u5b9a\u7f8e\u5143\u7684\u7a33\u5b9a\u4ee3\u5e01\u5e26\u6765\u6781\u5f3a\u7684\u589e\u4fe1\u6548\u679c\uff0c\u8fdb\u800c\u4f7f\u5176\u80fd\u591f\u83b7\u5f97\u66f4\u5927\u7684\u5e02\u573a\u5360\u6709\u7387\u3002 \u5176\u4e2d\uff0cNYDFS\u8981\u6c42\u53d1\u884c\u516c\u53f8\u6309\u71671\u22361\u7684\u5151\u6362\u4ef7\u5411\u6258\u7ba1\u94f6\u884c\u8d26\u6237\u5b58\u5165\u7f8e\u5143\uff0c\u5e76\u4e25\u683c\u9075\u5b88\u7ebd\u7ea6\u5dde\u7684\u53cd\u6d17\u94b1\u7b49\u76d1\u7ba1\u6807\u51c6\u4e0e\u5c65\u884c\u5316\u89e3\u98ce\u9669\u7684\u6d41\u7a0b\u3002\u82e5\u8fd9\u4e9b\u951a\u5b9a\u7f8e\u5143\u6216\u8005\u7f8e\u5143\u8ba1\u4ef7\u8d44\u4ea7\u7684\u7a33\u5b9a\u5e01\u57fa\u4e8e\u5148\u671f\u4f18\u52bf\u800c\u83b7\u5f97\u5e7f\u6cdb\u4f7f\u7528\uff0c\u5219\u8fd9\u4e9b\u6570\u5b57\u8d27\u5e01\u5c06\u5bf9\u5f31\u52bf\u8d27\u5e01\u3001\u4e0d\u53ef\u5151\u6362\u8d27\u5e01\u53ca\u53d1\u5c55\u4e2d\u56fd\u5bb6\u8d27\u5e01\u4ea7\u751f\u66f4\u5927\u89c4\u6a21\u7684\u66ff\u4ee3\u6216\u8005\u51fa\u6e05\u7684\u5f71\u54cd\u3002\u7f8e\u5143\u5728\u56fd\u9645\u8d27\u5e01\u4f53\u7cfb\u4e2d\u7684\u9738\u6743\u5730\u4f4d\u4e5f\u5c06\u5728\u8fd9\u4e9b\u6570\u5b57\u8d27\u5e01\u7684\u4f7f\u7528\u4e2d\u5f97\u5230\u8fdb\u4e00\u6b65\u5f3a\u5316\u3002\u66f4\u4e3a\u91cd\u8981\u7684\u662f\uff0c\u7f8e\u56fd\u653f\u5e9c\u5df2\u7ecf\u7740\u624b\u5efa\u7acb\u5bf9\u6570\u5b57\u8d27\u5e01\u7684\u76f8\u5173\u76d1\u7ba1\u89c4\u5219\uff0c\u4ee5\u671f\u5728\u6570\u5b57\u8d27\u5e01\u9886\u57df\u8fdb\u884c\u66f4\u4e3a\u6df1\u5165\u7684\u5e03\u5c40\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u4ece\u76ee\u524d\u6765\u770b\uff0c\u4e2d\u56fd\u5df2\u5efa\u7acb\u8d77\u8f83\u4e3a\u5b8c\u6574\u7684\u4ea7\u4e1a\u4f53\u7cfb\uff0c\u5e76\u4e14\u4eba\u6c11\u5e01\u5728\u56fd\u9645\u8d27\u5e01\u4f53\u7cfb\u4e2d\u7684\u5f71\u54cd\u529b\u4e5f\u5728\u9010\u6b65\u63d0\u9ad8\u3002\u4f8b\u5982\uff0c\u4e3a\u8fdb\u4e00\u6b65\u6574\u5408\u4eba\u6c11\u5e01\u8de8\u5883\u6e05\u7b97\u6e20\u9053\u548c\u63d0\u9ad8\u4eba\u6c11\u5e01\u8de8\u5883\u652f\u4ed8\u7ed3\u7b97\u6548\u7387\uff0c\u4e2d\u56fd\u4eba\u6c11\u94f6\u884c\u5df2\u7ecf\u642d\u5efa\u4e86\u4eba\u6c11\u5e01\u8de8\u5883\u652f\u4ed8\u7cfb\u7edf\uff08Cross-border Interbank Payment System, CIPS\uff09\uff0c\u5e76\u4e14\u8fd9\u4e00\u7cfb\u7edf\u4e5f\u5df2\u57fa\u672c\u5b9e\u73b0\u4e86\u5bf9\u5168\u7403\u5e02\u573a\u7684\u8986\u76d6\u3002 \u540c\u65f6\uff0c\u4e2d\u56fd\u79fb\u52a8\u652f\u4ed8\u3001\u7535\u5b50\u5546\u52a1\u548c\u5e73\u53f0\u7ecf\u6d4e\u7b49\u6570\u5b57\u7ecf\u6d4e\u5f62\u6001\u7684\u5145\u5206\u53d1\u5c55\u4e5f\u4e3a\u6570\u5b57\u8d27\u5e01\u7684\u53d1\u884c\u63d0\u4f9b\u4e86\u826f\u597d\u7684\u751f\u6001\u73af\u5883\u3002\u6b64\u5916\uff0c\u4e2d\u56fd\u592e\u884c\u4e5f\u5df2\u7ecf\u7740\u624b\u63a8\u8fdb\u6570\u5b57\u8d27\u5e01\u7684\u7814\u53d1\u3002\u57282019\u5e748\u6708\u7684\u4e2d\u56fd\u91d1\u878d40\u4eba\u4f0a\u6625\u8bba\u575b\u4e0a\uff0c\u4e2d\u56fd\u4eba\u6c11\u94f6\u884c\u652f\u4ed8\u7ed3\u7b97\u53f8\u526f\u53f8\u957f\u7a46\u957f\u6625\u5c31\u8868\u793a\uff0c\u4e2d\u56fd\u592e\u884c\u5bf9\u6570\u5b57\u8d27\u5e01\/\u7535\u5b50\u652f\u4ed8\uff08Digital Currency\/Electronic Payment, DC\/EP\uff09\u8fdb\u884c\u4e86\u591a\u5e74\u7684\u7814\u7a76\uff0c\u592e\u884c\u6570\u5b57\u8d27\u5e01\u7814\u7a76\u6240\u4e5f\u4e8e2016\u5e74\u6210\u7acb\uff0c\u56e0\u6b64\u53ef\u4ee5\u8bf4\u4e2d\u56fd\u592e\u884c\u6570\u5b57\u8d27\u5e01\u73b0\u5728\u662f\u201c\u547c\u4e4b\u6b32\u51fa\u201d\u3002 \u57282019\u5e748\u6708\u53ec\u5f00\u76842019\u5e74\u4e0b\u534a\u5e74\u5de5\u4f5c\u7535\u89c6\u4f1a\u8bae\u4e0a\uff0c\u592e\u884c\u5219\u63d0\u51fa\u8981\u52a0\u5feb\u63a8\u8fdb\u4e2d\u56fd\u6cd5\u5b9a\u6570\u5b57\u8d27\u5e01\uff08DC\/EP\uff09\u7684\u7814\u53d1\u6b65\u4f10\uff0c\u8ddf\u8e2a\u7814\u7a76\u56fd\u5185\u5916\u865a\u62df\u8d27\u5e01\u53d1\u5c55\u8d8b\u52bf\u3002 \u5728\u540c\u6708\u53d1\u5e03\u7684\u300a\u4e2d\u5171\u4e2d\u592e\u56fd\u52a1\u9662\u5173\u4e8e\u652f\u6301\u6df1\u5733\u5efa\u8bbe\u4e2d\u56fd\u7279\u8272\u793e\u4f1a\u4e3b\u4e49\u5148\u884c\u793a\u8303\u533a\u7684\u610f\u89c1\u300b\u4e2d\uff0c\u66f4\u662f\u660e\u786e\u6307\u51fa\u8981\u652f\u6301\u5728\u6df1\u5733\u5f00\u5c55\u6570\u5b57\u8d27\u5e01\u7814\u7a76\u4e0e\u79fb\u52a8\u652f\u4ed8\u7b49\u521b\u65b0\u5e94\u7528\u3002 \u56e0\u6b64\uff0c\u4e2d\u56fd\u6709\u673a\u4f1a\u4e5f\u6709\u80fd\u529b\u53c2\u4e0e\u548c\u63a8\u8fdb\u672a\u6765\u8d85\u4e3b\u6743\u6570\u5b57\u8d27\u5e01\u7684\u6784\u5efa\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u5f53\u7136\uff0c\u8d85\u4e3b\u6743\u6570\u5b57\u8d27\u5e01\u6784\u5efa\u7684\u524d\u63d0\u4ecd\u5728\u4e8e\u5bf9\u6570\u5b57\u8d27\u5e01\u672c\u8eab\u7684\u6784\u5efa\u3002\u4e3a\u6b64\uff0c\u4e2d\u56fd\u5e94\u6293\u4f4f\u6280\u672f\u53d1\u5c55\u7684\u673a\u9047\u53ca\u628a\u63e1\u7ecf\u6d4e\u8d8b\u52bf\u7684\u89c4\u5f8b\uff0c\u505a\u597d\u5145\u5206\u7684\u7406\u5ff5\u5148\u5bfc\u548c\u6280\u672f\u652f\u6301\u7684\u51c6\u5907\uff0c\u5728\u6df1\u5165\u4e86\u89e3\u6570\u5b57\u8d27\u5e01\u4ee5\u53ca\u533a\u5757\u94fe\u7b49\u6280\u672f\u7684\u4e3b\u8981\u7279\u6027\u548c\u5916\u90e8\u7ea6\u675f\u6761\u4ef6\u7684\u57fa\u7840\u4e0a\uff0c\u5efa\u7acb\u8d77\u7b26\u5408\u56fd\u5bb6\u53d1\u5c55\u8981\u6c42\u7684\u6570\u5b57\u8d27\u5e01\u6846\u67b6\u4e0e\u5236\u5ea6\u5b89\u6392\u3002\u5bf9\u6b64\uff0c\u672c\u6587\u63d0\u51fa\u56db\u70b9\u5efa\u8bae\u3002\u9996\u5148\uff0c\u52a0\u5f3a\u6570\u5b57\u8d27\u5e01\u76f8\u5173\u57fa\u7840\u7406\u8bba\u7684\u7814\u7a76\uff0c\u52a0\u5feb\u7814\u7a76\u533a\u5757\u94fe\u7b49\u6280\u672f\u5728\u652f\u4ed8\u7cfb\u7edf\u4e2d\u7684\u8fd0\u7528\uff0c\u5bf9\u6570\u5b57\u8d27\u5e01\u7684\u76f8\u5173\u5236\u5ea6\u5b89\u6392\u4e5f\u8fdb\u884c\u6df1\u5165\u7814\u7a76\u4e0e\u5145\u5206\u8bba\u8bc1\uff0c\u5e76\u6839\u636e\u5f53\u524d\u7684\u53d1\u5c55\u9700\u6c42\u4e0e\u5e94\u7528\u573a\u666f\uff0c\u5236\u5b9a\u9636\u6bb5\u6027\u7684\u6570\u5b57\u8d27\u5e01\u63a8\u51fa\u8ba1\u5212\u3002\u5176\u6b21\uff0c\u9488\u5bf9\u5f53\u524d\u5df2\u7ecf\u51fa\u73b0\u7684\u6570\u5b57\u8d27\u5e01\u53ca\u533a\u5757\u94fe\u6280\u672f\u5e94\u7528\u7684\u76f8\u5173\u4ea7\u54c1\uff0c\u5e94\u52a0\u5feb\u5efa\u7acb\u5ba1\u614e\u3001\u5305\u5bb9\u7684\u91d1\u878d\u76d1\u7ba1\u673a\u5236\uff0c\u65e2\u8981\u63a8\u52a8\u7b26\u5408\u4e2d\u56fd\u73b0\u5b9e\u9700\u8981\u7684\u6570\u5b57\u8d27\u5e01\u76f8\u5173\u6cd5\u5f8b\u4f53\u7cfb\u7684\u5efa\u7acb\uff0c\u5904\u7406\u597d\u7ef4\u62a4\u91d1\u878d\u7cfb\u7edf\u7a33\u5b9a\u4e0e\u63a8\u52a8\u6570\u5b57\u8d27\u5e01\u53d1\u5c55\u4e4b\u95f4\u7684\u5e73\u8861\uff0c\u8fd8\u5e94\u79ef\u6781\u53c2\u4e0eIMF\u3001BIS\u7b49\u56fd\u9645\u7ec4\u7ec7\u5bf9\u4e8e\u6570\u5b57\u8d27\u5e01\u76d1\u7ba1\u7684\u6d3b\u52a8\uff0c\u5728\u5168\u7403\u76d1\u7ba1\u5c42\u9762\u4e89\u53d6\u4e00\u5b9a\u7684\u6570\u5b57\u8d27\u5e01\u8bdd\u8bed\u6743\uff0c\u8fdb\u800c\u4ece\u56fd\u5185\u56fd\u5916\u4e24\u4e2a\u5c42\u9762\u6765\u9632\u8303\u3001\u7ba1\u63a7\u53ef\u80fd\u51fa\u73b0\u7684\u6280\u672f\u98ce\u9669\u4e0e\u91d1\u878d\u98ce\u9669\u3002\u518d\u6b21\uff0c\u8981\u5145\u5206\u53d1\u6325\u4e2d\u56fd\u5728\u4e92\u8054\u7f51\u91d1\u878d\u3001\u7535\u5b50\u5546\u52a1\u3001\u79fb\u52a8\u652f\u4ed8\u4e0e\u91d1\u878d\u79d1\u6280\u7b49\u9886\u57df\u7684\u4f18\u52bf\uff0c\u9f13\u52b1\u817e\u8baf\u3001\u963f\u91cc\u5df4\u5df4\u4ee5\u53ca\u5176\u4ed6\u91cd\u8981\u91d1\u878d\u673a\u6784\u53c2\u4e0e\u6570\u5b57\u8d27\u5e01\u7814\u53d1\u4e0e\u5e94\u7528\u3002\u5f53\u7136\uff0c\u8fd8\u5e94\u9f13\u52b1\u8fd9\u4e9b\u4f01\u4e1a\u79ef\u6781\u62d3\u5c55\u6d77\u5916\u4e1a\u52a1\u4e0e\u5e94\u7528\u573a\u666f\uff0c\u8fdb\u800c\u63d0\u5347\u4e2d\u56fd\u6570\u5b57\u91d1\u878d\u5e73\u53f0\u7684\u56fd\u9645\u5f71\u54cd\u529b\u4e0e\u7ade\u4e89\u529b\u3002\u6700\u540e\uff0c\u642d\u5efa\u3001\u6269\u5c55\u4e0e\u5347\u7ea7\u76f8\u5e94\u7684\u91d1\u878d\u57fa\u7840\u8bbe\u65bd\u8bbe\u5907\uff0c\u52a0\u5feb\u63a8\u52a8\u6570\u5b57\u5316\u6807\u51c6\u7684\u7edf\u4e00\u548c\u5408\u4f5c\u673a\u5236\u7684\u6574\u5408\uff0c\u79ef\u6781\u63a8\u52a8\u533a\u5757\u94fe\u7b49\u5e95\u5c42\u6280\u672f\u7684\u5f00\u6e90\u4e0e\u5171\u4eab\uff0c\u8fdb\u800c\u5728\u6570\u5b57\u8d27\u5e01\u7684\u6784\u5efa\u4e0a\u5f62\u6210\u5f00\u653e\u6027\u7684\u5408\u4f5c\u8bed\u8a00\uff0c\u4e5f\u4e3a\u5168\u7403\u6570\u5b57\u8d27\u5e01\u7684\u53d1\u5c55\u8d21\u732e\u4e2d\u56fd\u667a\u6167\u3001\u4e2d\u56fd\u65b9\u6848\u4e0e\u4e2d\u56fd\u529b\u91cf\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n

<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
 <\/strong><\/section>\n<\/section>\n<\/section>\n
\n
\n
 <\/strong><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n

\u56db\u3001<\/strong>\u7ed3\u675f\u8bed<\/strong><\/span><\/strong><\/p>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n

\n
\n
\n
 <\/strong><\/section>\n<\/section>\n
<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n


<\/p>\n

<\/span><\/p>\n

\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
<\/span><\/strong><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u4ece\u8d27\u5e01\u7684\u6f14\u8fdb\u8fc7\u7a0b\u6765\u770b\uff0c\u793e\u4f1a\u7684\u53d1\u5c55\u662f\u63a8\u52a8\u8d27\u5e01\u7684\u5916\u5ef6\u4e0d\u65ad\u6269\u5927\u4e0e\u5f62\u5f0f\u4e0d\u65ad\u6f14\u8fdb\u7684\u4e00\u4e2a\u91cd\u8981\u56e0\u7d20\uff0c\u800c\u79d1\u6280\u7684\u8fdb\u6b65\u4e5f\u662f\u63a8\u52a8\u8d27\u5e01\u53d8\u9769\u7684\u53c8\u4e00\u91cd\u8981\u56e0\u7d20\u3002\u6570\u5b57\u8d27\u5e01\u4fbf\u662f\u6280\u672f\u521b\u65b0\u6240\u63a8\u52a8\u5f62\u6210\u7684\u4e00\u79cd\u8d27\u5e01\u5f62\u6001\u3002\u5b9e\u9645\u4e0a\uff0c\u65e0\u8bba\u662f\u91d1\u5c5e\u8d27\u5e01\u3001\u5546\u54c1\u8d27\u5e01\u3001\u4fe1\u7528\u8d27\u5e01\u4ee5\u53ca\u6570\u5b57\u8d27\u5e01\uff0c\u6240\u6709\u7684\u8d27\u5e01\u5747\u662f\u534f\u8bae\u672c\u4f4d\uff0c\u5373\u8d27\u5e01\u662f\u6301\u6709\u8005\u4e4b\u95f4\u7684\u4e00\u79cd\u5408\u7ea6\u3002\u4f46\u4e0d\u540c\u4e8e\u4f20\u7edf\u7684\u8d27\u5e01\u5f62\u5f0f\uff0c\u6570\u5b57\u8d27\u5e01\u65e2\u53ef\u4ee5\u662f\u57fa\u4e8e\u6cd5\u5e01\u7684\u5408\u7ea6\uff0c\u53c8\u53ef\u4ee5\u662f\u57fa\u4e8e\u4e00\u7bee\u5b50\u8d44\u4ea7\u50a8\u5907\u7684\u5408\u7ea6\uff0c\u8fd8\u53ef\u4ee5\u662f\u57fa\u4e8e\u5171\u8bc6\u7b97\u6cd5\u7684\u5408\u7ea6\u3002\u56e0\u6b64\uff0c\u6570\u5b57\u8d27\u5e01\u53ef\u80fd\u6210\u4e3a\u4eba\u7c7b\u8d27\u5e01\u53f2\u4e0a\u7684\u4e00\u6b21\u9769\u547d\u6027\u53d8\u9769\u548c\u65b0\u7684\u91cc\u7a0b\u7891\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u4ece\u5168\u7403\u6cbb\u7406\u7684\u89d2\u5ea6\u6765\u770b\uff0c\u6570\u5b57\u8d27\u5e01\u65e2\u662f\u63a8\u52a8\u56fd\u9645\u8d27\u5e01\u6539\u9769\u4e43\u81f3\u5168\u7403\u7ecf\u6d4e\u5408\u4f5c\u7684\u4e00\u5927\u91cd\u8981\u5951\u673a\uff0c\u4e5f\u662f\u9700\u8981\u5168\u7403\u793e\u4f1a\u4e88\u4ee5\u9ad8\u5ea6\u5173\u6ce8\u7684\u4e00\u4e2a\u5168\u65b0\u6cbb\u7406\u9886\u57df\u3002<\/span><\/strong>\u4e00\u65b9\u9762\uff0c\u73b0\u9636\u6bb5\u7684\u6570\u5b57\u8d27\u5e01\u4ecd\u5904\u4e8e\u53d1\u5c55\u7684\u521d\u6b65\u9636\u6bb5\uff0c\u76f8\u5e94\u7684\u6280\u672f\u5e94\u7528\u4e0e\u5236\u5ea6\u5b89\u6392\u5b58\u5728\u7740\u8f83\u5927\u7684\u4e0d\u9002\u5e94\u6027\u4e0e\u4e0d\u786e\u5b9a\u6027\u3002\u56e0\u6b64\uff0c\u9700\u8981\u4ece\u6280\u672f\u4e0e\u5236\u5ea6\u4e24\u4e2a\u65b9\u9762\u5171\u540c\u53d1\u529b\u6765\u63a8\u52a8\u672a\u6765\u8d85\u4e3b\u6743\u6570\u5b57\u8d27\u5e01\u7684\u53d1\u5c55\u3002\u53e6\u4e00\u65b9\u9762\uff0c\u7531\u4e8e\u4f17\u591a\u53d1\u5c55\u4e2d\u56fd\u5bb6\u8fd8\u7f3a\u4e4f\u53c2\u4e0e\u56fd\u9645\u8d27\u5e01\u7f51\u7edc\u91cd\u6784\u7684\u80fd\u529b\uff0c\u5e76\u4e14\u4f20\u7edf\u4e3b\u5bfc\u5168\u7403\u7ecf\u6d4e\u6cbb\u7406\u7684\u897f\u65b9\u53d1\u8fbe\u56fd\u5bb6\u4e0d\u613f\u63d0\u4f9b\u66f4\u591a\u516c\u5171\u4ea7\u54c1\uff0c\u8fd9\u5c31\u53ef\u80fd\u5bfc\u81f4\u53d1\u5c55\u4e2d\u56fd\u5bb6\u96be\u4ee5\u6293\u4f4f\u53c2\u4e0e\u8d85\u4e3b\u6743\u6570\u5b57\u8d27\u5e01\u6784\u5efa\u7684\u673a\u9047\u3002\u56e0\u6b64\uff0c\u8fd8\u9700\u4ece\u53c2\u4e0e\u4ee5\u53ca\u5206\u914d\u4e24\u4e2a\u5c42\u9762\u6765\u63a8\u52a8\u672a\u6765\u8d85\u4e3b\u6743\u6570\u5b57\u8d27\u5e01\u7684\u53d1\u5c55\u3002<\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n

 <\/span><\/p>\n


<\/span><\/span><\/p>\n

\n
\n
\n
\n
\n
\n
\u672c\u6587\u7531\u56fd\u653f\u5b66\u4eba\u7f16\u8f91\u63a8\u8350<\/span><\/strong><\/em><\/strong><\/em><\/span><\/strong><\/em><\/strong><\/em><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n


<\/p>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n

\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\u626b\u4e0b\u65b9\u4e8c\u7ef4\u7801\u67e5\u770b\u5f80\u671f\u7cbe\u5f69<\/span><\/strong><\/span><\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
 <\/section>\n<\/section>\n<\/section>\n
\n
\n
 <\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n

<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n

<\/span><\/a><\/p>\n<\/section>\n

\n
\n
\n
\n
\n
\n
\n
\n
\n
\n

\u3010\u91cd\u78c5\u9884\u544a\u3011\u56fd\u653f\u5b66\u4eba\u63a8\u51fa\u9876\u7ea7\u671f\u520a\u5b66\u672f\u52a8\u6001\u901f\u9012\uff01<\/span><\/a>
<\/p>\n

\u3010\u65b0\u520a\u901f\u9012\u3011\u7b2c01\u671f | Review of International Studies  Vol.45, No.4, 2019<\/span><\/a>
<\/p>\n

\u3010\u65b0\u520a\u901f\u9012\u3011\u7b2c02\u671f | International Relations Vol.33, No.3, 2019<\/span><\/a>
<\/p>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n

\n
\n
\n
\n
\n

\u3010\u65b0\u520a\u901f\u9012\u3011\u7b2c03\u671f | International Organization Vol.73, No.3, 2019<\/span><\/a><\/p>\n

\u3010\u65b0\u520a\u901f\u9012\u3011\u7b2c04\u671f | World Politics, Vol.71, No.4, 2019<\/span><\/a><\/p>\n

\u3010\u65b0\u520a\u901f\u9012\u3011\u7b2c05\u671f | European Journal of International Relations<\/a> <\/span><\/p>\n

\u3010\u65b0\u520a\u901f\u9012\u3011\u7b2c06\u671f | Security Studies, Vol.28, No.4, 2019<\/a> <\/span><\/p>\n

\u3010\u65b0\u520a\u901f\u9012\u3011\u7b2c07\u671f|International Security, Vol 44, No. 2, 2019<\/a>
<\/span><\/p>\n

\u3010\u65b0\u520a\u901f\u9012\u3011\u7b2c08\u671f| Cambridge Review of International Affairs,Vol.32,No.4<\/a>
<\/span><\/p>\n

\u3010\u65b0\u520a\u901f\u9012\u3011\u7b2c09\u671f| International Relations of Asia-Pacific Vol.19,No.3<\/span><\/a>
<\/p>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n

\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
 <\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n

\u5206\u7c7b\u5bfc\u89c8 1<\/span><\/strong><\/p>\n<\/section>\n<\/section>\n<\/section>\n

\n
\n
\n
\n
\n
\"\u3010IPE\u7814\u7a76\u3011\u533a\u5757\u94fe\u53ca\u8d85\u4e3b\u6743\u6570\u5b57\u8d27\u5e01\u89c6\u89d2\u4e0b\u7684\u56fd\u9645\u8d27\u5e01\u4f53\u7cfb\u6539\u9769\u2014\u2014\u4ee5E-SDR\u7684\u521b\u65b0\u4e0e\u5c1d\u8bd5\u4e3a\u4f8b\"<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\"\u3010IPE\u7814\u7a76\u3011\u533a\u5757\u94fe\u53ca\u8d85\u4e3b\u6743\u6570\u5b57\u8d27\u5e01\u89c6\u89d2\u4e0b\u7684\u56fd\u9645\u8d27\u5e01\u4f53\u7cfb\u6539\u9769\u2014\u2014\u4ee5E-SDR\u7684\u521b\u65b0\u4e0e\u5c1d\u8bd5\u4e3a\u4f8b\"<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n

\u5206\u7c7b\u5bfc\u89c8 2<\/strong><\/span><\/p>\n<\/section>\n<\/section>\n<\/section>\n

\n
\n
\n
\n
 <\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n


<\/p>\n

\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\"\u3010IPE\u7814\u7a76\u3011\u533a\u5757\u94fe\u53ca\u8d85\u4e3b\u6743\u6570\u5b57\u8d27\u5e01\u89c6\u89d2\u4e0b\u7684\u56fd\u9645\u8d27\u5e01\u4f53\u7cfb\u6539\u9769\u2014\u2014\u4ee5E-SDR\u7684\u521b\u65b0\u4e0e\u5c1d\u8bd5\u4e3a\u4f8b\"<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n
\n
\n
\n

\u70b9\u201c\u5728\u770b<\/span>\u201d\u7ed9\u6211\u4e00\u6735\u5c0f\u9ec4\u82b1\"\u3010IPE\u7814\u7a76\u3011\u533a\u5757\u94fe\u53ca\u8d85\u4e3b\u6743\u6570\u5b57\u8d27\u5e01\u89c6\u89d2\u4e0b\u7684\u56fd\u9645\u8d27\u5e01\u4f53\u7cfb\u6539\u9769\u2014\u2014\u4ee5E-SDR\u7684\u521b\u65b0\u4e0e\u5c1d\u8bd5\u4e3a\u4f8b\"<\/p>\n<\/section>\n<\/section>\n

\n
\n
\n
\"\u3010IPE\u7814\u7a76\u3011\u533a\u5757\u94fe\u53ca\u8d85\u4e3b\u6743\u6570\u5b57\u8d27\u5e01\u89c6\u89d2\u4e0b\u7684\u56fd\u9645\u8d27\u5e01\u4f53\u7cfb\u6539\u9769\u2014\u2014\u4ee5E-SDR\u7684\u521b\u65b0\u4e0e\u5c1d\u8bd5\u4e3a\u4f8b\"<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n
\n

\u539f\u6587\u59cb\u53d1\u4e8e\u5fae\u4fe1\u516c\u4f17\u53f7\uff08\u56fd\u653f\u5b66\u4eba\uff09\uff1a\u3010IPE\u7814\u7a76\u3011\u533a\u5757\u94fe\u53ca\u8d85\u4e3b\u6743\u6570\u5b57\u8d27\u5e01\u89c6\u89d2\u4e0b\u7684\u56fd\u9645\u8d27\u5e01\u4f53\u7cfb\u6539\u9769\u2014\u2014\u4ee5E-SDR\u7684\u521b\u65b0\u4e0e\u5c1d\u8bd5\u4e3a\u4f8b<\/a><\/p>\n<\/blockquote>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

\u5185\u5bb9\u63d0\u8981 \u5e03\u96f7\u987f\u68ee\u6797\u4f53\u7cfb\u7684\u6784\u5efa\u4f7f\u7f8e\u5143\u9010\u6b65<\/p>\n","protected":false},"author":1,"featured_media":14230,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[24,26],"tags":[],"_links":{"self":[{"href":"http:\/\/115.238.178.234:8090\/index.php\/wp-json\/wp\/v2\/posts\/14229"}],"collection":[{"href":"http:\/\/115.238.178.234:8090\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/115.238.178.234:8090\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/115.238.178.234:8090\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/115.238.178.234:8090\/index.php\/wp-json\/wp\/v2\/comments?post=14229"}],"version-history":[{"count":1,"href":"http:\/\/115.238.178.234:8090\/index.php\/wp-json\/wp\/v2\/posts\/14229\/revisions"}],"predecessor-version":[{"id":14238,"href":"http:\/\/115.238.178.234:8090\/index.php\/wp-json\/wp\/v2\/posts\/14229\/revisions\/14238"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/115.238.178.234:8090\/index.php\/wp-json\/wp\/v2\/media\/14230"}],"wp:attachment":[{"href":"http:\/\/115.238.178.234:8090\/index.php\/wp-json\/wp\/v2\/media?parent=14229"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/115.238.178.234:8090\/index.php\/wp-json\/wp\/v2\/categories?post=14229"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/115.238.178.234:8090\/index.php\/wp-json\/wp\/v2\/tags?post=14229"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}