{"id":9592,"date":"2026-04-13T15:25:32","date_gmt":"2026-04-13T07:25:32","guid":{"rendered":"https:\/\/www.kpai1.cn\/?p=9592"},"modified":"2026-04-13T15:25:37","modified_gmt":"2026-04-13T07:25:37","slug":"%e9%bb%84%e9%87%91%e6%9a%b4%e8%b7%8c%e6%98%af-%e5%81%87%e6%91%94%ef%bc%9f%e6%8b%86%e8%a7%a3%e4%b8%89%e5%a4%a7%e6%a0%b8%e5%bf%83%e5%8e%9f%e5%9b%a0%e4%b8%8e%e5%90%8e%e5%b8%82%e8%b5%b0","status":"publish","type":"post","link":"https:\/\/www.kpai1.cn\/ja\/\u30a2\u30fc\u30ab\u30a4\u30d6\/9592","title":{"rendered":"\u91d1\u306e\u66b4\u843d\u306f\u300c\u30d5\u30a7\u30a4\u30af\u300d\u306a\u306e\u304b\uff1f 3\u3064\u306e\u6838\u5fc3\u7406\u7531\u3068\u76f8\u5834\u89b3\u3092\u89e3\u4f53\uff01"},"content":{"rendered":"

2026\u5e744\u6708\u306e\u4e16\u754c\u91d1\u878d\u5e02\u5834\u3067\u6700\u3082\u7269\u8b70\u3092\u91b8\u3057\u305f\u5206\u5c90\u70b9\u306f\u3001\u4e2d\u6771\u7d1b\u4e89\u304c\u5168\u9762\u7684\u306b\u6fc0\u5316\u3057\u3001\u5730\u653f\u5b66\u7684\u30ea\u30b9\u30af\u304c\u51b7\u6226\u5f8c\u6700\u9ad8\u5024\u3092\u8a18\u9332\u3057\u305f\u969b\u306b\u3001\u91d1\u304c\u5927\u5e45\u306a\u66b4\u843d\u3092\u7d4c\u9a13\u3057\u305f\u3053\u3068\u3060\u3063\u305f\u3002\u30a4\u30e9\u30f3\u6226\u4e89\u52c3\u767a\u4ee5\u6765\u3001\u91d1\u4fa1\u683c\u306f\u5358\u6708\u306711.5\uff05\u6025\u843d\u3057\u30012008\u5e74\u306e\u91d1\u878d\u5371\u6a5f\u4ee5\u6765\u6700\u5927\u306e\u6708\u9593\u4e0b\u843d\u7387\u3092\u8a18\u9332\u3057\u305f\u3002 1\u6708\u306e\u6b74\u53f2\u7684\u9ad8\u5024\u3067\u3042\u308b1\u30aa\u30f3\u30b9\u5f53\u305f\u308a5,500\u7c73\u30c9\u30eb\u304b\u30891,000\u7c73\u30c9\u30eb\u4ee5\u4e0a\u5f8c\u9000\u3057\u305f\u3002\u5e02\u5834\u3067\u306f\u300c\u5b89\u5168\u8cc7\u7523\u3068\u3057\u3066\u306e\u91d1\u795e\u8a71\u304c\u5d29\u308c\u305f\u300d\u3068\u306e\u58f0\u304c\u591a\u3044\u3002\u3057\u304b\u3057\u3001Wmax\u5546\u54c1\u7814\u7a76\u30c1\u30fc\u30e0\u306f\u3001\u4e16\u754c\u7684\u306a\u30de\u30af\u30ed\u3068\u8cc7\u672c\u306e\u6d41\u308c\u306e\u6839\u5e95\u306b\u3042\u308b\u8ad6\u7406\u3092\u5168\u9762\u7684\u306b\u89e3\u4f53\u3057\u305f\u7d50\u679c\u3001\u91d1\u306f\u77ed\u671f\u7684\u306a\u5f79\u5272\u306e\u5207\u308a\u66ff\u308f\u308a\u306b\u3059\u304e\u305a\u3001\u305d\u306e\u9577\u671f\u7684\u306a\u4fa1\u5024\u57fa\u76e4\u306f\u63fa\u308b\u304c\u308c\u3066\u3044\u306a\u3044\u3053\u3068\u3092\u767a\u898b\u3057\u305f\u3002 \u300c\u6700\u521d\u306f\u4e0b\u843d\u3057\u3001\u305d\u306e\u5f8c\u4e0a\u6607\u3059\u308b\u300d\u5e02\u5834\u306e\u5faa\u74b0\u306f\u3059\u3067\u306b\u91b8\u6210\u3055\u308c\u3064\u3064\u3042\u308b\u3002<\/p>\n

<\/a>\u5371\u6a5f\u306b\u304a\u3051\u308b\u300c\u5931\u6557\u300d\u306e\u771f\u5b9f 3\u3064\u306e\u7279\u6b8a\u8981\u56e0\u304c\u91cd\u306a\u308a\u5408\u3063\u305f\u5f71\u97ff<\/strong><\/p>\n

Wmax\u306f\u904e\u53bb\u534a\u4e16\u7d00\u306e\u5730\u653f\u5b66\u7684\u7d1b\u4e89\u3092\u632f\u308a\u8fd4\u308a\u30011973\u5e74\u306e\u77f3\u6cb9\u5371\u6a5f\u30011990\u5e74\u306e\u6e7e\u5cb8\u6226\u4e89\u30012020\u5e74\u306e\u65b0\u578b\u30b3\u30ed\u30ca\u30a6\u30a4\u30eb\u30b9\u611f\u67d3\u75c7\u6d41\u884c\u30012022\u5e74\u306e\u30ed\u30b7\u30a2\u30fb\u30a6\u30af\u30e9\u30a4\u30ca\u7d1b\u4e89\u3067\u306f\u5371\u6a5f\u306e\u521d\u671f\u6bb5\u968e\u3067\u91d1\u304c\u660e\u3089\u304b\u306a\u4e0a\u6607\u3092\u793a\u3057\u305f\u3053\u3068\u3092\u767a\u898b\u3057\u305f\u3002\u3053\u306e\u30e9\u30a6\u30f3\u30c9\u306e\u7570\u5e38\u306a\u50be\u5411\u306f\u3001\u91d1\u306e\u30d8\u30c3\u30b8\u6a5f\u80fd\u306e\u5931\u6557\u3067\u306f\u306a\u304f\u3001\u6b74\u53f2\u4e0a\u7a00\u306a\u8907\u6570\u306e\u77ed\u671f\u8981\u56e0\u306e\u5171\u9cf4\u3067\u3042\u308b\u3002\u3053\u308c\u306f\u3001Wmax\u304c3\u6708\u4e2d\u65ec\u306b\u5e02\u5834\u306b\u8b66\u544a\u3057\u305f\u300c\u4e88\u671f\u305b\u306c\u4e0b\u632f\u308c\u30ea\u30b9\u30af\u300d\u306e\u6838\u5fc3\u6e90\u3067\u3082\u3042\u308b\u3002<\/p>\n

\"IMG_256\"<\/p>\n

<\/a>(1) \u6975\u5ea6\u306e\u6d41\u52d5\u6027\u5371\u6a5f\u304c\u300c\u73fe\u91d1\u304c\u738b\u69d8\u300d\u306e\u30d1\u30cb\u30c3\u30af\u58f2\u308a\u3092\u5f15\u304d\u8d77\u3053\u3059<\/strong><\/p>\n

Wmax\u306e\u4e16\u754c\u6d41\u52d5\u6027\u76e3\u8996\u6307\u6a19\u306f\u3001\u73fe\u5728\u306e\u5e02\u5834\u306e\u6d41\u52d5\u6027\u5727\u529b\u304c2020\u5e74\u306e\u6d41\u884c\u306e\u30d4\u30fc\u30af\u306b\u9054\u3057\u3066\u3044\u308b\u3053\u3068\u3092\u793a\u3057\u3066\u3044\u308b\u3002\u5371\u6a5f\u306e\u521d\u671f\u6bb5\u968e\u3067\u306e\u682a\u5f0f\u5e02\u5834\u306e\u6025\u843d\u306f\u8ffd\u8a3c\u306e\u5fc5\u8981\u6027\u3092\u5f15\u304d\u8d77\u3053\u3057\u3001\u975e\u5e38\u306b\u6d41\u52d5\u6027\u306e\u9ad8\u3044\u91d1\u304c\u58f2\u5374\u306e\u6700\u521d\u306e\u9078\u629e\u80a2\u3068\u306a\u3063\u305f\u304c\u3001\u3053\u308c\u306f\u30b9\u30bf\u30f3\u30c0\u30fc\u30c9\u30c1\u30e3\u30fc\u30bf\u30fc\u30c9\u9280\u884c\u306e\u5c02\u9580\u5bb6\u306e\u898b\u89e3\u3068\u4e00\u81f4\u3057\u3066\u3044\u308b\u3002\u904e\u53bb\u306e\u7d4c\u9a13\u306b\u3088\u308c\u3070\u3001\u3053\u306e\u3088\u3046\u306a\u6d41\u52d5\u6027\u30b7\u30e7\u30c3\u30af\u306f\u901a\u5e38\u3001\u91d1\u4fa1\u683c\u3092 4 \uff5e 6 \u9031\u9593\u6291\u5236\u3057\u307e\u3059\u3002 2008 \u5e74\u306e\u91d1\u878d\u5371\u6a5f\u306e\u969b\u306b\u3082\u540c\u69d8\u306e\u72b6\u6cc1\u304c\u767a\u751f\u3057\u307e\u3057\u305f\u3002 Wmax \u5b9a\u91cf\u30e2\u30c7\u30eb\u306f\u3001\u91d1\u304c\u6df1\u523b\u306a\u8cb7\u308f\u308c\u3059\u304e\u304b\u3089\u6df1\u523b\u306a\u58f2\u3089\u308c\u3059\u304e\u306b\u79fb\u884c\u3057\u305f\u3053\u3068\u3092\u793a\u3057\u3066\u3044\u307e\u3059\u3002\u91d1\u30b9\u30dd\u30c3\u30c8\u4fa1\u683c\u306f2013\u5e74\u4ee5\u6765\u6700\u5927\u306e\u5e45\u306750\u65e5\u79fb\u52d5\u5e73\u5747\u3092\u4e56\u96e2\u3057\u3066\u304a\u308a\u3001\u521d\u671f\u306e\u904e\u71b1\u30dd\u30b8\u30b7\u30e7\u30f3\u306f\u96c6\u4e2d\u7684\u306b\u6e05\u200b\u200b\u7b97\u3055\u308c\u3066\u3044\u308b\u3002<\/p>\n

<\/a>(2) \u4e2d\u592e\u9280\u884c\u306e\u4e3b\u8981\u306a\u5f37\u6c17\u6d3e\u306e\u5b9a\u671f\u7684\u306a\u300c\u53cd\u4e71\u300d\u304c\u4e2d\u5fc3\u7684\u306a\u63a8\u9032\u529b\u3068\u306a\u3063\u3066\u3044\u308b<\/strong><\/p>\n

Wmax \u306e\u4e2d\u592e\u9280\u884c\u306e\u91d1\u30dd\u30b8\u30b7\u30e7\u30f3\u306e\u9ad8\u983b\u5ea6\u76e3\u8996\u30c7\u30fc\u30bf\u306f\u3001\u3053\u308c\u307e\u3067\u91d1\u306e\u4fdd\u6709\u3092\u5897\u3084\u3057\u3066\u3044\u305f\u4e00\u90e8\u306e\u4e2d\u592e\u9280\u884c\u304c\u58f2\u5374\u306b\u8ee2\u3058\u305f\u3053\u3068\u3092\u6b63\u78ba\u306b\u6349\u3048\u3066\u3044\u307e\u3057\u305f\u3002\u5831\u9053\u306b\u3088\u308b\u3068\u3001\u30a4\u30e9\u30f3\u6226\u4e89\u52c3\u767a\u5f8c\u3001\u30c8\u30a5\u30eb\u30ad\u30a8\u306f\u81ea\u56fd\u901a\u8ca8\u3092\u652f\u3048\u300131\uff05\u306e\u9ad8\u30a4\u30f3\u30d5\u30ec\u3092\u6291\u5236\u3059\u308b\u305f\u3081\u306b\u7d04131\u30c8\u30f3\u306e\u91d1\u3092\u6295\u8cc7\u3057\u3066\u304a\u308a\u3001\u91d1\u6e96\u5099\u9ad8\u306f\u3053\u30532\u5e74\u4ee5\u4e0a\u3067\u6700\u4f4e\u6c34\u6e96\u306b\u307e\u3067\u6e1b\u5c11\u3057\u305f\u3002\u3055\u3089\u306b\u3001\u30ed\u30b7\u30a2\u306f\u4eca\u5e74\u6700\u521d\u306e\uff12\u30ab\u6708\u3067\uff11\uff15\u30c8\u30f3\u306e\u91d1\u3092\u58f2\u5374\u3057\u3001\u30dd\u30fc\u30e9\u30f3\u30c9\u3082\u9632\u885b\u8cc7\u91d1\u3092\u96c6\u3081\u308b\u305f\u3081\u306b\u91d1\u306e\u58f2\u5374\u3092\u63d0\u6848\u3057\u305f\u3002 Wmax\u306f\u3001\u4e00\u90e8\u306e\u77f3\u6cb9\u8f38\u5165\u56fd\u3068\u4e2d\u592e\u30a2\u30b8\u30a2\u8af8\u56fd\u304c\u5c06\u6765\u7684\u306b\u8ca9\u58f2\u3092\u30d5\u30a9\u30ed\u30fc\u3059\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u3053\u3068\u3092\u601d\u3044\u51fa\u3055\u305b\u305f\u3002<\/p>\n

<\/a>(3) FRB\u306b\u3088\u308b\u5229\u4e0b\u3052\u671f\u5f85\u306e\u9006\u8ee2\u3067\u91d1\u4fdd\u6709\u306e\u6a5f\u4f1a\u8cbb\u7528\u304c\u4e0a\u6607<\/strong><\/p>\n

Wmax \u91d1\u5229\u5148\u7269\u30e2\u30c7\u30eb\u306f\u30013 \u6708\u521d\u65ec\u306e\u5229\u4e0b\u3052\u671f\u5f85\u306e\u5909\u5316\u3092\u6349\u3048\u307e\u3057\u305f\u3002\u539f\u6cb9\u4fa1\u683c\u3092\u62bc\u3057\u4e0a\u3052\u305f\u4e2d\u6771\u7d1b\u4e89\u306e\u5f71\u97ff\u3092\u53d7\u3051\u3001\u5e02\u5834\u306f\u7c73\u9023\u90a6\u6e96\u5099\u7406\u4e8b\u4f1a\uff08\uff26\uff32\uff22\uff09\u306e\u6700\u521d\u306e\u5229\u4e0b\u3052\u3092\uff19\u6708\u306b\u5ef6\u671f\u3057\u3001\u5e74\u9593\u306e\u5229\u4e0b\u3052\u56de\u6570\u306f\uff11\u56de\u306b\u6e1b\u3063\u305f\u3002\u91d1\u3068\u7c73\u56fd\u306e\u5b9f\u8cea\u91d1\u5229\u3068\u306e\u9593\u306e\u8ca0\u306e\u76f8\u95a2\u95a2\u4fc2\u304c\u518d\u3073\u6709\u52b9\u306b\u306a\u3063\u305f\u3002 Wmax\u8ffd\u8de1\u306b\u3088\u308b\u3068\u30013\u6708\u306e\u91d1ETP\u306e\u7d14\u511f\u9084\u984d\u306f2022\u5e749\u6708\u4ee5\u6765\u306e\u6700\u9ad8\u5024\u3092\u8a18\u9332\u3057\u305f\u3002\u77ed\u671f\u8cc7\u91d1\u306f\u5b89\u5168\u8cc7\u7523\u3078\u306e\u914d\u5206\u306e\u8ad6\u7406\u304b\u3089\u9038\u8131\u3057\u3066\u3044\u308b\u3002\u73fe\u5728\u306e\u58f2\u308a\u306f\u920d\u5316\u3057\u3066\u304a\u308a\u3001\u521d\u671f\u306e\u904e\u71b1\u30dd\u30b8\u30b7\u30e7\u30f3\u306f\u57fa\u672c\u7684\u306b\u89e3\u6d88\u3055\u308c\u3066\u3044\u308b\u3002<\/p>\n

\"IMG_256\"<\/p>\n

<\/a>2. \u9577\u671f\u7684\u306a\u30b5\u30dd\u30fc\u30c8\u306f\u4f9d\u7136\u3068\u3057\u3066\u5805\u56fa\u3067\u3059: \u8907\u6570\u306e\u30e1\u30ea\u30c3\u30c8\u304c\u307e\u3060\u5e02\u5834\u306b\u3088\u3063\u3066\u5341\u5206\u306b\u4fa1\u683c\u4ed8\u3051\u3055\u308c\u3066\u3044\u307e\u305b\u3093<\/strong><\/p>\n

\u77ed\u671f\u7684\u306a\u5727\u529b\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u3001Wmax\u306f\u91d1\u306e\u9577\u671f\u7684\u306a\u30d5\u30a1\u30f3\u30c0\u30e1\u30f3\u30bf\u30eb\u30ba\u306f\u6839\u672c\u7684\u306b\u5909\u308f\u3063\u3066\u3044\u306a\u3044\u3068\u5e38\u306b\u4e3b\u5f35\u3057\u3066\u304d\u305f\u3002\u73fe\u5728\u306e\u91d1\u4fa1\u683c\u306f\u666f\u6c17\u5f8c\u9000\u3084\u30b9\u30bf\u30b0\u30d5\u30ec\u30fc\u30b7\u30e7\u30f3\u306e\u30ea\u30b9\u30af\u3092\u5168\u304f\u8003\u616e\u3057\u3066\u3044\u307e\u305b\u3093\u3002\u591a\u304f\u306e\u69cb\u9020\u7684\u306a\u63a8\u9032\u8981\u56e0\u306f\u4f9d\u7136\u3068\u3057\u3066\u5f37\u529b\u3067\u3042\u308a\u3001\u91d1\u4fa1\u683c\u306f\u4eca\u5f8c\u6570\u30ab\u6708\u9593\u306b\u4e0a\u6607\u50be\u5411\u3092\u518d\u958b\u3059\u308b\u3067\u3057\u3087\u3046\u3002<\/p>\n

<\/a>(1) \u666f\u6c17\u5f8c\u9000\u3068\u30b9\u30bf\u30b0\u30d5\u30ec\u30fc\u30b7\u30e7\u30f3\u306e\u30ea\u30b9\u30af\u304c\u52a0\u901f\u3057\u3066\u3044\u308b\u3002<\/strong><\/p>\n

Wmax \u4e16\u754c\u7d4c\u6e08\u5faa\u74b0\u30e2\u30c7\u30eb\u306f\u3001\u4e3b\u8981\u56fd\u306b\u304a\u3051\u308b\u9ad8\u91d1\u5229\u653f\u7b56\u306e\u9045\u884c\u52b9\u679c\u304c\u9855\u5728\u5316\u3057\u3066\u304a\u308a\u3001\u666f\u6c17\u5f8c\u9000\u306e\u30ea\u30b9\u30af\u304c\u9ad8\u307e\u308a\u7d9a\u3051\u3066\u3044\u308b\u3053\u3068\u3092\u793a\u3057\u3066\u3044\u307e\u3059\u3002\u904e\u53bb\u306e\u30c7\u30fc\u30bf\u306b\u3088\u308b\u3068\u3001\u666f\u6c17\u5f8c\u9000\u6642\u306b\u306f\u91d1\u306e\u5e73\u5747\u4fa1\u683c\u304c\u6700\u5927 15% \u4e0a\u6607\u3057\u3001\u5de5\u696d\u88fd\u54c1\u3088\u308a\u3082\u306f\u308b\u304b\u306b\u512a\u308c\u3066\u3044\u307e\u3059\u3002\u3055\u3089\u306b\u8b66\u6212\u3059\u3079\u304d\u306f\u30b9\u30bf\u30b0\u30d5\u30ec\u30fc\u30b7\u30e7\u30f3\u306e\u30ea\u30b9\u30af\u3067\u3042\u308b\u3002\u305f\u3068\u3048\u4e2d\u6771\u7d1b\u4e89\u304c\u76f4\u3061\u306b\u7d42\u308f\u3063\u305f\u3068\u3057\u3066\u3082\u3001\u539f\u6cb9\u4fa1\u683c\u306f\u9577\u671f\u306b\u308f\u305f\u3063\u3066\u9ad8\u6b62\u307e\u308a\u3059\u308b\u53ef\u80fd\u6027\u304c\u9ad8\u304f\u3001\u4e16\u754c\u7684\u306a\u30a4\u30f3\u30d5\u30ec\u4e0a\u6607\u5727\u529b\u306f\u3055\u3089\u306b\u5f37\u307e\u308b\u3060\u308d\u3046\u3002 1970 \u5e74\u4ee3\u306e\u30b9\u30bf\u30b0\u30d5\u30ec\u30fc\u30b7\u30e7\u30f3\u671f\u9593\u4e2d\u306b\u3001\u91d1\u306e\u4fa1\u683c\u306f 20 \u500d\u4ee5\u4e0a\u306b\u9ad8\u9a30\u3057\u3001\u6700\u3082\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u306e\u9ad8\u3044\u8cc7\u7523\u30af\u30e9\u30b9\u306b\u306a\u308a\u307e\u3057\u305f\u3002\u3053\u306e\u6b74\u53f2\u7684\u6cd5\u5247\u306f\u73fe\u5728\u306e\u30de\u30af\u30ed\u74b0\u5883\u306b\u3082\u4f9d\u7136\u3068\u3057\u3066\u9069\u7528\u3055\u308c\u307e\u3059\u3002<\/p>\n

<\/a>(2) \u91d1\u306e\u9577\u671f\u7684\u306a\u69cb\u9020\u7684\u63a8\u9032\u30ed\u30b8\u30c3\u30af\u306f\u5909\u308f\u3089\u306a\u3044<\/strong><\/p>\n

Wmax \u306b\u3088\u308b\u4e16\u754c\u306e\u50b5\u52d9\u3001\u901a\u8ca8\u4fe1\u7528\u3001\u5730\u653f\u5b66\u7684\u6307\u6a19\u306e\u9577\u671f\u8ffd\u8de1\u306f\u3059\u3079\u3066\u3001\u91d1\u306e\u4fa1\u5024\u8caf\u8535\u6a5f\u80fd\u304c\u7d99\u7d9a\u7684\u306b\u5f37\u5316\u3055\u308c\u3066\u3044\u308b\u3053\u3068\u3092\u793a\u3057\u3066\u3044\u307e\u3059\u3002\u73fe\u5728\u3001\u7c73\u56fd\u306e\u9023\u90a6\u50b5\u52d9\u306f35\u5146\u30c9\u30eb\u3092\u8d85\u3048\u3001\u50b5\u52d9\u5bfeGDP\u6bd4\u306f130\uff05\u3092\u8d85\u3048\u3066\u3044\u307e\u3059\u3002\u4e16\u754c\u4e2d\u306e\u4e3b\u8981\u56fd\u306e\u50b5\u52d9\u6c34\u6e96\u306f\u3044\u305a\u308c\u3082\u904e\u53bb\u6700\u9ad8\u306b\u9054\u3057\u3066\u3044\u308b\u3002\u50b5\u52d9\u306e\u53ce\u76ca\u5316\u306e\u6d41\u308c\u304c\u9006\u8ee2\u3057\u306b\u304f\u3044\u3053\u3068\u3092\u80cc\u666f\u306b\u3001\u6cd5\u5b9a\u901a\u8ca8\u306e\u8cfc\u8cb7\u529b\u306e\u9577\u671f\u7684\u306a\u4f4e\u4e0b\u306f\u907f\u3051\u3089\u308c\u306a\u3044\u72b6\u6cc1\u3068\u306a\u3063\u3066\u3044\u308b\u3002\u4fe1\u7528\u30ea\u30b9\u30af\u306e\u306a\u3044\u8cc7\u7523\u3068\u3057\u3066\u3001\u91d1\u306e\u914d\u5206\u4fa1\u5024\u306f\u307e\u3059\u307e\u3059\u91cd\u8981\u306b\u306a\u308b\u3067\u3057\u3087\u3046\u3002\u540c\u6642\u306b\u3001\u4e2d\u6771\u306b\u304a\u3051\u308b\u7d1b\u4e89\u306e\u6fc0\u5316\u306e\u7d99\u7d9a\u3001\u5927\u56fd\u9593\u306e\u7af6\u4e89\u306e\u6fc0\u5316\u3001\u4fdd\u8b77\u8cbf\u6613\u4e3b\u7fa9\u306e\u53f0\u982d\u3082\u3001\u6295\u8cc7\u5bb6\u3084\u4e2d\u592e\u9280\u884c\u304c\u30ea\u30b9\u30af\u3092\u5206\u6563\u3059\u308b\u305f\u3081\u306b\u9577\u671f\u7684\u306b\u91d1\u306e\u914d\u5206\u3092\u5897\u3084\u3059\u3088\u3046\u4fc3\u3059\u3060\u308d\u3046\u3002<\/p>\n

<\/a>(3) \u4e16\u754c\u306e\u4e2d\u592e\u9280\u884c\u306b\u3088\u308b\u91d1\u8cfc\u5165\u306e\u4e00\u822c\u7684\u306a\u50be\u5411\u306f\u9006\u8ee2\u3057\u3066\u3044\u306a\u3044<\/strong><\/p>\n

Wmax\u6c0f\u306f\u3001\u4e00\u90e8\u306e\u4e2d\u592e\u9280\u884c\u306b\u3088\u308b\u5b9a\u671f\u7684\u306a\u58f2\u5374\u306f\u7279\u6b8a\u306a\u30b1\u30fc\u30b9\u306b\u904e\u304e\u305a\u3001\u4e16\u754c\u306e\u4e2d\u592e\u9280\u884c\u304c\u91d1\u4fdd\u6709\u3092\u5897\u3084\u3059\u3068\u3044\u3046\u5168\u4f53\u7684\u306a\u6226\u7565\u7684\u65b9\u5411\u6027\u306f\u5909\u308f\u3063\u3066\u3044\u306a\u3044\u3001\u3068\u5f37\u8abf\u3057\u305f\u3002\u30ef\u30fc\u30eb\u30c9\u30fb\u30b4\u30fc\u30eb\u30c9\u30fb\u30ab\u30a6\u30f3\u30b7\u30eb\u306e\u30c7\u30fc\u30bf\u306b\u3088\u308b\u3068\u30012025\u5e74\u306e\u4e2d\u592e\u9280\u884c\u306b\u3088\u308b\u7d14\u91d1\u8cfc\u5165\u91cf\u306f2024\u5e74\u306e1,000\u30c8\u30f3\u4ee5\u4e0a\u304b\u3089863\u30c8\u30f3\u306b\u6e1b\u901f\u3057\u305f\u3082\u306e\u306e\u3001\u4f9d\u7136\u3068\u3057\u3066\u7c73\u30c9\u30eb\u63db\u7b97\u3067\u904e\u53bb\u6700\u9ad8\u3092\u8a18\u9332\u3057\u3066\u3044\u308b\u3002\u7279\u306b\u91cd\u8981\u306a\u3053\u3068\u306f\u3001\u4e2d\u56fd\u4eba\u6c11\u9280\u884c\u304c\u4fdd\u6709\u8cc7\u7523\u3092\u5897\u3084\u3057\u7d9a\u3051\u3066\u3044\u308b\u3053\u3068\u3060\u30023\u6708\u672b\u6642\u70b9\u306e\u91d1\u6e96\u5099\u9ad8\u306f7,438\u4e07\u30aa\u30f3\u30b9\u3067\u30012\u6708\u672b\u304b\u308916\u4e07\u30aa\u30f3\u30b9\u5897\u52a0\u3057\u305f\u3002\u4fdd\u6709\u984d\u306e\u5897\u52a0\u306f17\u30ab\u6708\u9023\u7d9a\u3067\u3001\u5358\u4e00\u306e\u8cfc\u5165\u984d\u3068\u3057\u3066\u306f\u3053\u30531\u5e74\u4ee5\u4e0a\u3067\u6700\u5927\u3068\u306a\u3063\u305f\u3002\u3053\u308c\u306f\u3001\u5916\u8ca8\u6e96\u5099\u3092\u591a\u69d8\u5316\u3057\u7c73\u30c9\u30eb\u3078\u306e\u4f9d\u5b58\u3092\u6e1b\u3089\u3059\u3068\u3044\u3046\u65b0\u8208\u56fd\u306e\u4e2d\u592e\u9280\u884c\u306e\u9577\u671f\u6226\u7565\u304c\u63fa\u3089\u3044\u3067\u3044\u306a\u3044\u3053\u3068\u3092\u5b8c\u5168\u306b\u88cf\u4ed8\u3051\u3066\u3044\u308b\u3002<\/p>\n

\"IMG_257\"<\/p>\n

<\/a>3. \u5e02\u5834\u306e\u898b\u901a\u3057: \u77ed\u671f\u7684\u306a\u5727\u529b\u306f\u9577\u671f\u7684\u306a\u4e0a\u6607\u50be\u5411\u3092\u5909\u3048\u308b\u3053\u3068\u306f\u306a\u3044<\/strong><\/p>\n

Wmax\u306f\u3001\u91d1\u306f\u73fe\u5728\u3001\u6d41\u52d5\u6027\u30b7\u30e7\u30c3\u30af\u3001\u4e2d\u592e\u9280\u884c\u306e\u58f2\u308a\u3001\u91d1\u5229\u4e0a\u6607\u3068\u3044\u3046\u4e09\u91cd\u306e\u30ea\u30b9\u30af\u3092\u7e54\u308a\u8fbc\u3093\u3067\u3044\u308b\u3068\u7dcf\u5408\u7684\u306b\u5224\u65ad\u3057\u305f\u3002\u77ed\u671f\u7684\u306a\u50be\u5411\u306f\u76f4\u7dda\u7684\u3067\u306f\u306a\u304f\u3001\u65e2\u5b58\u306e\u6d41\u52d5\u6027\u5727\u529b\u306b\u3088\u308a\u91d1\u4fa1\u683c\u304c\u3057\u3070\u3089\u304f\u6291\u5236\u3055\u308c\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002\u3057\u304b\u3057\u3001\u30c6\u30af\u30cb\u30ab\u30eb\u306a\u89b3\u70b9\u304b\u3089\u898b\u308b\u3068\u3001\u91d1\u4fa1\u683c\u306e200\u65e5\u79fb\u52d5\u5e73\u5747\u306f2023\u5e7410\u6708\u4ee5\u6765\u4e00\u5ea6\u3082\u4e0b\u843d\u3057\u3066\u304a\u3089\u305a\u3001\u5f37\u529b\u306a\u30b5\u30dd\u30fc\u30c8\u3092\u5f62\u6210\u3057\u3066\u3044\u308b\u3002\u6d41\u52d5\u6027\u5727\u529b\u304c\u7de9\u548c\u3055\u308c\u3001\u4e2d\u592e\u9280\u884c\u306b\u3088\u308b\u58f2\u308a\u304c\u7d42\u308f\u308c\u3070\u3001\u6295\u8cc7\u5bb6\u306f\u518d\u3073\u91d1\u306e\u4fdd\u6709\u3092\u5897\u3084\u3057\u3001\u91d1\u4fa1\u683c\u306f\u518d\u3073\u6b74\u53f2\u7684\u9ad8\u5024\u306b\u6311\u6226\u3059\u308b\u3060\u308d\u3046\u3002 Wmax \u306f\u6295\u8cc7\u5bb6\u306b\u5bfe\u3057\u3066\u30012 \u3064\u306e\u6838\u3068\u306a\u308b\u30b7\u30b0\u30ca\u30eb\u306b\u7126\u70b9\u3092\u5f53\u3066\u308b\u3053\u3068\u3092\u63a8\u5968\u3057\u3066\u3044\u307e\u3059\u30021 \u3064\u306f\u3001\u91d1 ETP \u30d5\u30a1\u30f3\u30c9\u306e\u6d41\u308c\u3067\u3059\u3002\u7d14\u511f\u9084\u304b\u3089\u7d14\u8cfc\u5165\u306b\u5207\u308a\u66ff\u308f\u308c\u3070\u3001\u77ed\u671f\u8cc7\u91d1\u304c\u623b\u3063\u3066\u304f\u308b\u3053\u3068\u306b\u306a\u308b\u3002 2\u3064\u76ee\u306f\u3001\u4e16\u754c\u306e\u4e2d\u592e\u9280\u884c\u306e\u91d1\u8cfc\u5165\u30c7\u30fc\u30bf\u3067\u3059\u3002\u4e3b\u8981\u4e2d\u592e\u9280\u884c\u304c\u5927\u898f\u6a21\u306a\u4fdd\u6709\u3092\u518d\u958b\u3059\u308c\u3070\u3001\u5e02\u5834\u306e\u4fe1\u983c\u611f\u306f\u5927\u304d\u304f\u9ad8\u307e\u308b\u3060\u308d\u3046\u3002<\/p>\n

\u6b74\u53f2\u7684\u306a\u7d4c\u9a13\u306b\u3088\u308a\u3001\u5371\u6a5f\u306e\u521d\u671f\u6bb5\u968e\u3067\u306e\u91d1\u306e\u58f2\u5374\u306f\u300c\u507d\u306e\u58f2\u5374\u300d\u3067\u3042\u308b\u3053\u3068\u304c\u591a\u3044\u3053\u3068\u304c\u7e70\u308a\u8fd4\u3057\u8a3c\u660e\u3055\u308c\u3066\u3044\u307e\u3059\u3002 2008 \u5e74\u306e\u91d1\u878d\u5371\u6a5f\u3068 2020 \u5e74\u306e\u91d1\u878d\u5371\u6a5f\u306e\u521d\u671f\u6bb5\u968e\u3067\u306f\u3001\u91d1\u306f\u5927\u5e45\u306b\u4e0b\u843d\u3057\u307e\u3057\u305f\u304c\u3001\u305d\u306e\u5f8c\u306f\u3055\u3089\u306b\u4e0a\u6607\u3057\u307e\u3057\u305f\u3002\u4eca\u56de\u306e\u4e0b\u843d\u5e45\u306f\u3088\u308a\u5927\u304d\u304f\u3001\u3088\u308a\u901f\u304f\u306a\u308a\u307e\u3057\u305f\u304c\u3001\u7a76\u6975\u306e\u5b89\u5168\u8cc7\u7523\u304a\u3088\u3073\u4fa1\u5024\u306e\u4fdd\u5b58\u5834\u6240\u3068\u3057\u3066\u306e\u91d1\u306e\u6838\u3068\u306a\u308b\u8ad6\u7406\u306f\u5909\u308f\u3063\u3066\u3044\u307e\u305b\u3093\u3002\u4e16\u754c\u7d4c\u6e08\u306e\u4e0d\u78ba\u5b9f\u6027\u306e\u9ad8\u307e\u308a\u3001\u30a4\u30f3\u30d5\u30ec\u30ea\u30b9\u30af\u306e\u9ad8\u307e\u308a\u3001\u6cd5\u5b9a\u901a\u8ca8\u306e\u4fe1\u7528\u3078\u306e\u6311\u6226\u306a\u3069\u3092\u80cc\u666f\u306b\u3001\u91d1\u306e\u9577\u671f\u5272\u308a\u5f53\u3066\u4fa1\u5024\u306f\u4f9d\u7136\u3068\u3057\u3066\u304b\u3051\u304c\u3048\u306e\u306a\u3044\u3082\u306e\u3068\u306a\u3063\u3066\u3044\u307e\u3059\u3002<\/p>","protected":false},"excerpt":{"rendered":"

2026\u5e744\u6708\u3001\u91d1\u306f\u5358\u6708\u306711.5\uff05\u4e0b\u843d\u3057\u30012008\u5e74\u4ee5\u6765\u6700\u5927\u306e\u4e0b\u843d\u3068\u306a\u308a\u30011\u6708\u306e\u9ad8\u5024\u304b\u30891,000\u30c9\u30eb\u4ee5\u4e0a\u3092\u53d6\u308a\u623b\u3057\u305f\u3002 3\u3064\u306e\u4e3b\u8981\u306a\u77ed\u671f\u8981\u56e0\u304c\u91cd\u306a\u3063\u305f\u3002\u6d41\u52d5\u6027\u5371\u6a5f\u304c\u58f2\u308a\u3092\u5f15\u304d\u8d77\u3053\u3057\u3001\u30c8\u30a5\u30eb\u30ad\u30a8\u306a\u3069\u306e\u4e2d\u592e\u9280\u884c\u304c131\u30c8\u30f3\u306e\u91d1\u3092\u58f2\u5374\u3057\u3001FRB\u304c\u4e88\u60f3\u3057\u3066\u3044\u305f\u5229\u4e0b\u3052\u304c\u5ef6\u671f\u3055\u308c\u305f\u3002\u3057\u304b\u3057\u3001\u9577\u671f\u7684\u306a\u652f\u6301\u306f\u76e4\u77f3\u3067\u3042\u308a\u3001\u666f\u6c17\u5f8c\u9000\u3084\u30b9\u30bf\u30b0\u30d5\u30ec\u30fc\u30b7\u30e7\u30f3\u306e\u30ea\u30b9\u30af\u306f\u84c4\u7a4d\u3057\u3066\u3044\u308b\u3002\u4e2d\u56fd\u4eba\u6c11\u9280\u884c\u306f17\u30ab\u6708\u9023\u7d9a\u3067\u4fdd\u6709\u8cc7\u7523\u3092\u5897\u52a0\u3055\u305b\u3066\u3044\u308b\u3002 ETP\u306e\u8cc7\u672c\u30d5\u30ed\u30fc\u3068\u4e2d\u592e\u9280\u884c\u306e\u91d1\u8cfc\u5165\u30c7\u30fc\u30bf\u306b\u6ce8\u610f\u3092\u6255\u3046\u3053\u3068\u3092\u304a\u52e7\u3081\u3057\u307e\u3059\u3002\u77ed\u671f\u7684\u306a\u5727\u529b\u304c\u9577\u671f\u7684\u306a\u4e0a\u6607\u50be\u5411\u3092\u5909\u3048\u308b\u3053\u3068\u306f\u3042\u308a\u307e\u305b\u3093\u3002<\/p>","protected":false},"author":1,"featured_media":9593,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[121],"tags":[866,865,864,863],"class_list":["post-9592","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-news","tag-866","tag-865","tag-864","tag-863"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.kpai1.cn\/ja\/wp-json\/wp\/v2\/posts\/9592","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kpai1.cn\/ja\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kpai1.cn\/ja\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kpai1.cn\/ja\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kpai1.cn\/ja\/wp-json\/wp\/v2\/comments?post=9592"}],"version-history":[{"count":1,"href":"https:\/\/www.kpai1.cn\/ja\/wp-json\/wp\/v2\/posts\/9592\/revisions"}],"predecessor-version":[{"id":9597,"href":"https:\/\/www.kpai1.cn\/ja\/wp-json\/wp\/v2\/posts\/9592\/revisions\/9597"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kpai1.cn\/ja\/wp-json\/wp\/v2\/media\/9593"}],"wp:attachment":[{"href":"https:\/\/www.kpai1.cn\/ja\/wp-json\/wp\/v2\/media?parent=9592"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kpai1.cn\/ja\/wp-json\/wp\/v2\/categories?post=9592"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kpai1.cn\/ja\/wp-json\/wp\/v2\/tags?post=9592"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}