\u5408\u4f5c<\/em>\u4e3a\u4e00\u4e2a\u504f\u9632\u5b88\u59ff\u6001\u7684\u7b56\u7565\uff0c\u8bc1\u660e\u4e86\u963f\u91cc\u7684\u57fa\u672c\u76d8\u4f9d\u7136\u7a33\u56fa\uff0c\u4f46\u4ec5\u51ed\u591a\u5143\u5316\u5e76\u4e0d\u80fd\u6d88\u89e3\u6295\u8d44\u4eba\u5fc3\u4e2d\u66f4\u5927\u7684\u7591\u8651\uff1a<\/p>\n\n\n\n\u963f\u91cc\u5df4\u5df4\u4eca\u5929\u5df2\u7ecf\u52309.53\u4ebf\u4eba\u7fa4\u7684\u89c4\u6a21\uff0c\u6d88\u8d39\u4f53\u91cf\u5df2\u7ecf\u5360\u5230\u793e\u4f1a\u96f6\u552e\u5546\u54c1\u603b\u989d\u768420%\u5de6\u53f3\uff0c\u4e0e\u5176\u4ed6\u5484\u5484\u903c\u4eba\u7684\u7ade\u4e89\u5bf9\u624b\u6bd4\u8d77\u6765\uff0c\u963f\u91cc\u5185\u9700\u7684\u589e\u957f\u5728\u54ea\u91cc\uff1f<\/p>\n\n\n\n
\u9996\u5148\uff0c\u4ece\u7528\u6237\u6570\u91cf\u6765\u770b\uff0c\u5c3d\u7ba1\u963f\u91cc\u5728\u4e00\u4e8c\u7ebf\u57ce\u5e02\u7684\u6e17\u900f\u7387\u5df2\u7ecf\u5230\u4e8699%\uff0c\u5230\u4e09\u7ebf\u57ce\u5e02\u7684\u6e17\u900f\u7387\u5df2\u7ecf\u5230\u4e8681%\uff0c\u4f46\u5728\u56db\u7ebf\u53ca\u4ee5\u4e0b\u7684\u57ce\u5e02\uff0c\u4ecd\u7136\u6709\u76f8\u5f53\u7a7a\u95f4\uff1a<\/p>\n\n\n\n
\u4ee5\u4e09\u5b63\u5ea6\u7684\u963f\u91cc\u8d85\u9884\u671f\u6295\u5165\u4e3a\u4f8b\uff0c\u8fd9\u4e2d\u95f4\u7684\u91cd\u8981\u539f\u56e0\u963f\u91cc\u5728\u4f4e\u7ebf\u5e02\u573a\u6295\u5165\u5927\u91cf\u8d44\u6e90\uff0c\u63a8\u52a8\u6dd8\u83dc\u83dc\uff0c\u6dd8\u7279\u7b49\u4ea7\u54c1\u7ebf\u8fc5\u901f\u589e\u957f\uff0c\u5c31\u662f\u4e3a\u4e86\u56e0\u5e94\u6e20\u9053\u4e0b\u6c89\uff0c\u6fc0\u6d3b\u4f4e\u7ebf\u6d88\u8d39\u8005\u7684\u8d8b\u52bf\u3002<\/p>\n\n\n\n
\u5728\u963f\u91cc\u773c\u4e2d\uff0c\u9664\u4e86\u6e20\u9053\u4e0b\u6c89\u4e4b\u5916\uff0c\u66f4\u591a\u5e74\u8f7b\u6d88\u8d39\u8005\u4ece\u4e00\u51fa\u751f\u5c31\u70ed\u8877\u4e8e\u7535\u5546\u8d2d\u7269\uff0c\u800c\u4ece\u4e0d\u4f7f\u7528\u7535\u5546\u7684\u6d88\u8d39\u8005\u662f\u9010\u5e74\u51cf\u5c11\u7684\uff0c\u56e0\u6b64\uff0c\u70ed\u8877\u5728\u7ebf\u8d2d\u7269\u7684\u6d88\u8d39\u8005\u603b\u76d8\u5b50\u662f\u5728\u589e\u957f\u7684\u3002\u5230\u4eca\u5e74\u5e74\u5e95\uff0c\u963f\u91cc\u5c06\u786e\u4fdd\u6fc0\u6d3b10\u4ebf\u6d88\u8d39\u8005\uff0c\u4f46\u4ec5\u51ed\u6d88\u8d39\u8005\u57fa\u76d8\u5e02\u573a\u7684\u66f4\u66ff\uff0c\u81f3\u5c11\u8fd8\u67092-3\u4ebf\u65b0\u589e\u6d88\u8d39\u8005\u7b49\u5f85\u6316\u6398\u3002<\/p>\n\n\n\n
\u5176\u6b21\uff0c\u5373\u4f7f\u662f\u57fa\u76d8\u6d88\u8d39\u8005\u4e2d\uff0c\u963f\u91cc\u4e5f\u770b\u5230\u5927\u91cf\u6f5c\u529b\u5c1a\u672a\u6316\u6398\uff1a<\/p>\n\n\n\n
\u963f\u91cc\u5728\u670d\u88c5\uff0c\u6d88\u8d39\u7535\u5b50\u7b49\u54c1\u7c7b\u7684\u6e17\u900f\u7387\u6bd4\u8f83\u9ad8\uff0c\u5728\u8fd9\u4e9b\u5f3a\u52bf\u5e02\u573a\u4e2d\uff0c\u963f\u91cc\u9700\u8981\u8fdb\u4e00\u6b65\u5de9\u56fa\u7ade\u4e89\u4f18\u52bf\uff0c\u4f46\u5bb6\u5c45\uff0c\u5065\u5eb7\uff0c\u65c5\u6e38\u7b49\u4ea7\u54c1\u6e17\u900f\u7387\u8fd8\u5f88\u4f4e\uff0c\u53ef\u6316\u6398\u7a7a\u95f4\u8fd8\u5f88\u5927\uff1b\u66f4\u91cd\u8981\u7684\u662f\uff0c\u5c3d\u7ba1\u963f\u91cc\u6d3b\u8dc3\u7528\u6237\u4e2d\u5df2\u7ecf50%\u662f\u98df\u54c1\u6d88\u8d39\uff0c\u4f46\u4ee5\u98df\u54c1\u751f\u9c9c9\u4e07\u4ebf\u7684\u5e02\u573a\u6765\u8861\u91cf\uff0c\u6570\u5b57\u5316\u6bd4\u4f8b\u8fd8\u5f88\u4f4e\uff0c\u963f\u91cc\u7684\u5929\u82b1\u677f\u8fd8\u5728\u5929\u4e0a\u3002<\/p>\n\n\n\n
\u6700\u540e\uff0c\u4e0e\u5176\u4ed6\u751f\u610f\u6a21\u5f0f\u8f83\u4e3a\u5355\u4e00\uff0c\u4e3b\u8981\u8ffd\u6c42\u89c4\u6a21\u7684\u7ade\u4e89\u5bf9\u624b\u4e0d\u540c\uff0c\u963f\u91cc\u5df4\u5df4\u80fd\u591f\u4e3a\u5546\u6237\u63d0\u4f9b\u66f4\u4e3a\u591a\u5143\u7684\u670d\u52a1\uff1a<\/p>\n\n\n\n
\u963f\u91cc\u65d7\u4e0b\u7684\u83dc\u9e1f\u7269\u6d41\u548c\u963f\u91cc\u4e91\u670d\u52a1\u548c\u4f17\u591a\u670d\u52a1\u6293\u624b\uff0c\u6700\u7ec8\u80fd\u786e\u4fdd\u963f\u91cc\u5bf9\u5546\u6237\u5168\u751f\u547d\u5468\u671f\u670d\u52a1\u80fd\u529b\uff0c\u8fce\u5408\u5546\u5bb6\u5bf9\u6570\u5b57\u5316\u8f6c\u578b\u7684\u9700\u6c42\u3002<\/p>\n\n\n\n
\u9664\u6b64\u4e4b\u5916\uff0c\u963f\u91cc\u5728\u672c\u5730\u670d\u52a1\u5c42\u9762\u4e5f\u642d\u5efa\u4e86\u5b8c\u6574\u7684\u670d\u52a1\u67b6\u6784\uff1a<\/p>\n\n\n\n
\u65e0\u8bba\u662f\u76d2\u9a6c\uff0c\u5929\u732b\u8d85\u5e02\uff0c\u8fd8\u662f\u5e94\u5bf9\u65b9\u5174\u672a\u827e\u7684\u793e\u533a\u56e2\u8d2d\u6e20\u9053\u7684\u6dd8\u83dc\u83dc\uff0c\u4ea6\u6216\u662f\u9762\u5bf9\u4f4e\u7ebf\u6d88\u8d39\u8005\u7684\u6dd8\u5b9d\u7279\u4ef7\u7248\uff0c\u90fd\u5728\u672c\u5730\u5546\u4e1a\u89c6\u89d2\u5f53\u4e2d\u53bb\u53d1\u5c55\u7528\u6237\u6240\u9700\u7684\u9ad8\u9891\u521a\u9700\u54c1\u7c7b\uff0c\u5e76\u4e14\u672a\u6765\u53ef\u4ee5\u63a5\u5165\u66f4\u4e30\u5bcc\u7684\u7b2c\u4e09\u65b9\u670d\u52a1\u3002\u800c\u98de\u732a\u548c\u9ad8\u5fb7\u5219\u63d0\u4f9b\u4e86\u76ee\u7684\u5730\u4e1a\u52a1\uff0c\u901a\u8fc7\u5730\u56fe\u642d\u5efa\u76ee\u7684\u5730\u670d\u52a1\u7684\u57fa\u7840\u5e73\u53f0\uff0c\u80fd\u591f\u4e3a\u7528\u6237\u4ece\u5bfc\u822a\u5230\u76ee\u7684\u5730\u4e3a\u51fa\u53d1\u70b9\u3002<\/p>\n\n\n\n
\u8fd9\u4e00\u5207\u670d\u52a1\u7684\u5e95\u5c42\u67b6\u6784\u90fd\u5efa\u7acb\u5728\u5546\u4e1a\u573a\u666f\u548c\u6570\u5b57\u5316\u7269\u6d41\u4e4b\u4e0a\uff0c\u4fc3\u6210\u4e86\u963f\u91cc\u6570\u5b57\u5316\u4f9b\u5e94\u94fe\u4e00\u4f53\u5316\u7684\u5f62\u6210\uff0c\u6700\u7ec8\u901a\u8fc7\u7ebf\u4e0a\u7ebf\u4e0b\u6253\u901a\uff0c\u5f62\u6210\u4e00\u5f20\u65f6\u7a7a\u4ea4\u7ec7\u7684\u65b0\u96f6\u552e\u6d88\u8d39\u7684\u57fa\u7840\u8bbe\u65bd\u3002<\/p>\n\n\n\n
\u4e0d\u96be\u63a8\u77e5\uff0c\u8fd9\u5957\u575a\u4e0d\u53ef\u6467\u7684\u57fa\u7840\u8bbe\u65bd\uff0c\u624d\u662f\u963f\u91cc\u672a\u6765\u7ee7\u7eed\u5de9\u56fa\u5185\u9700\u57fa\u672c\u76d8\u5e76\u4e14\u83b7\u5f97\u53ef\u89c2\u589e\u957f\u7684\u6709\u6548\u4fdd\u8bc1\uff1a\u4ece\u957f\u671f\u770b\u65e0\u8bba\u662f\u83b7\u53d6\u7528\u6237\u589e\u957f\uff0c\u8fd8\u662f\u83b7\u53d6ARPU\u8fdb\u4e00\u6b65\u5f00\u53d1\uff0c\u963f\u91cc\u90fd\u5df2\u7ecf\u505a\u597d\u4e86\u51c6\u5907\uff0c\u81f3\u5c11\uff0c\u5728\u4e2d\u56fd\u5e02\u573a\u7684\u4ece1-N\u7684\u66f2\u7ebf\u4e0a\uff0c\u963f\u91cc\u8fd8\u53ef\u4ee5\u8d70\u5f88\u8fdc\u5f88\u8fdc\u3002<\/p>\n\n\n\n
02 \u963f\u91cc\u5168\u7403\u5316\uff1a\u4e00\u5207\u624d\u521a\u521a\u5f00\u59cb<\/h2>\n\n\n\n
\u9664\u6b64\u4e4b\u5916\uff0c\u963f\u91cc\u5df4\u5df4\u6d77\u5916\u5e02\u573a\u7684\u6f5c\u529b\u975e\u5e38\u5de8\u5927\uff0c\u8fd9\u4e00\u70b9\u66f4\u662f\u6bcb\u5eb8\u7f6e\u7591\u3002<\/p>\n\n\n\n
\u5728\u6574\u4e2a\u4e1c\u5357\u4e9a\u5e02\u573a\uff0c\u7535\u5546\u7684\u6e17\u900f\u7387\u4ec5\u4ec5\u5230\u4e8611%\uff0c\u800cLazada\u5728\u4e1c\u5357\u4e9a\u5e74\u5ea6\u6d3b\u8dc3\u7528\u6237\u5bf9\u4e8e\u5f53\u5730\u4e92\u8054\u7f51\u4eba\u53e3\u7684\u6e17\u900f\u7387\u4e5f\u53ea\u670934%\u3002\u540c\u6837\uff0c\u5305\u62ec\u4e2d\u4e1c\u3001\u6b27\u6d32\u3001\u4e2d\u4e9a\u3001\u975e\u6d32\u8fd9\u4e9b\u5e02\u573a\uff0c\u76ee\u524d\u5e02\u573a\u7535\u5546\u6e17\u900f\u7387\u8fd8\u975e\u5e38\u4f4e\uff0c\u53ea\u670912%\uff0c\u800c\u963f\u91cc\u5df4\u5df4\u7684\u5e74\u5ea6\u6d3b\u8dc3\u7528\u6237\u7684\u6e17\u900f\u7387\u4e5f\u53ea\u670915%\u3002<\/p>\n\n\n\n
\u4ece\u5168\u7403\u5316\u89d2\u5ea6\u6765\u8bb2\uff0c\u963f\u91cc\u7684\u589e\u957f\u91cd\u5fc3\u548c\u6210\u679c\u4e5f\u5df2\u7ecf\u9887\u4e3a\u6e05\u695a\uff1a<\/p>\n\n\n\n
\u5728\u5168\u7403\u5316\u4e2d\uff0c\u963f\u91cc\u5df4\u5df4\u5168\u7403\u6d88\u8d39\u5e02\u573a\u7ecf\u8425\u4e86AliExpress\u3001Lazada\u3001Trendyol\u3001Daraz\u7b49\u591a\u4e2a\u54c1\u724c\u3002\u4eceMAU\u89d2\u5ea6\u8bf4\uff0c\u963f\u91cc\u7684\u4e1a\u52a1\u5df2\u7ecf\u5206\u522b\u6392\u5728\u5168\u7403TOP 20 MAU\u7684\u6392\u884c\u699c\u4e0a\uff1b\u52a0\u603b\u7684\u8bdd\uff0c\u6574\u4f53\u6d77\u5916MAU\u5df2\u7ecf\u6392\u5728\u5168\u7403\u7b2c\u56db\u4f4d\u3002\u540c\u65f6\u4eceGMV\u6d88\u8d39\u89c4\u6a21\u6765\u8bb2\uff0c\u524d\u4e09\u4e2aAE\u3001Lazada\u3001Trendyol\u4e5f\u90fd\u8fdb\u5165\u4e86\u524d20\u4f4d\u3002\u56db\u4e2a\u4e1a\u52a1\u52a0\u603b\u7684\u6d77\u5916GMV\u89c4\u6a21\u4e5f\u8fbe\u5230\u5168\u7403\u7b2c\u516d\u4f4d\u3002<\/p>\n\n\n\n
\u4e0e\u4e2d\u56fd\u5e02\u573a\u60c5\u51b5\u4e0d\u540c\uff0c\u6d77\u5916\u5e02\u573a\u7684\u7535\u5546\u57fa\u7840\u8bbe\u65bd\u5404\u6709\u5404\u7684\u7f3a\u53e3\uff0c\u963f\u91cc\u7684\u57fa\u7840\u8bbe\u65bd\u6295\u8d44\u53ef\u4ee5\u8bf4\u662f\u521a\u521a\u5f00\u59cb\uff1a\u65e0\u8bba\u662f\u6d77\u5916\u7269\u6d41\uff0c\u8fd8\u662f\u652f\u4ed8\u548c\u94b1\u5305\u7f51\u7edc\u7684\u6295\u5efa\uff0c\u963f\u91cc\u6b63\u5728\u4e3a\u7535\u5546\u4e1a\u52a1\u957f\u671f\u53d1\u5c55\u94fa\u5e73\u9053\u8def\u3002\u4ece\u8fd9\u4e2a\u89d2\u5ea6\u8bf4\uff0c\u9664\u4e86\u4e2d\u56fd\u5e02\u573a\u4e4b\u5916\uff0c\u963f\u91cc\u4e5f\u5728\u4e0d\u65ad\u5ef6\u4f38\u5168\u7403\u5316\u589e\u957f1-N\u66f2\u7ebf\uff0c\u8fd9\u540c\u6837\u662f\u963f\u91cc\u65b0\u589e\u957f\u66f2\u7ebf\u7684\u4e3b\u8981\u6765\u6e90\u3002<\/p>\n\n\n\n
\u4e0d\u96be\u60f3\u8c61\uff0c\u53ea\u8981\u963f\u91cc\u7ee7\u7eed\u575a\u6301\u5728\u4e2d\u56fd\u548c\u5168\u7403\u76841-N\u5e02\u573a\u5c42\u9762\u6218\u7565\u4e00\u81f4\u6027\uff0c\u957f\u671f\u770b\uff0c\u963f\u91cc\u7684\u5148\u53d1\u4f18\u52bf\u51e0\u4e4e\u96be\u4ee5\u64bc\u52a8\uff0c\u773c\u4e0b\u7684\u5468\u671f\u5e95\u90e8\u53ea\u662f\u77ed\u671f\u7684\u4e00\u4e2a\u63d2\u66f2\u3002<\/p>\n\n\n\n
03 \u91cd\u65b0\u5b9a\u4e49\u4e91\u8ba1\u7b97\uff1a\u963f\u91cc\u76840-1<\/h2>\n\n\n\n
\u9664\u4e861-N\u5c42\u9762\u7684\u8d6b\u8d6b\u6218\u529f\uff0c\u5728\u8fd9\u4e2a\u65f6\u523b\uff0c\u5bf9\u963f\u91cc\u7684\u4e50\u89c2\u5e94\u5f53\u8fd8\u6709\u6765\u81ea\u79d1\u6280\u521b\u65b00-1\u5c42\u9762\u7684\u89c2\u5bdf\uff1a<\/p>\n\n\n\n
\u963f\u91cc\u6b63\u5728\u91cd\u65b0\u5b9a\u4e49\u503e\u6ce8\u8d44\u6e90\u6253\u9020\u7684\u4e91\u8ba1\u7b97\u4f53\u7cfb\uff1a\u4e0e\u7f8e\u56fd\u5178\u578b\u5e02\u573a\u4e0d\u540c\u7684\u662f\uff0c\u963f\u91cc\u6b63\u5728\u901a\u8fc7\u4e91\u9489\u4e00\u4f53\u4ee5\u53ca\u786c\u6838\u6280\u672f\u7684\u6295\u5165\uff0c\u8d70\u51fa\u4e00\u6761\u4e2d\u56fd\u81ea\u5df1\u7684\u8def\u7ebf\u3002<\/p>\n\n\n\n
\u9996\u5148\uff0c\u5728IaaS\u5c42\u6280\u672f\u4e0a\uff0c\u963f\u91cc\u4e0d\u4ec5\u8fdb\u4e00\u6b65\u6df1\u8015\u8ba1\u7b97\u3001\u5b58\u50a8\u3001\u7f51\u7edc\u3001\u5b89\u5168\uff0c\u540c\u65f6\u4e5f\u5f00\u59cb\u4e86\u8d70\u5411\u5173\u952e\u786c\u4ef6\u6280\u672f\u7684\u7a81\u7834\uff0c\u5bf9\u4e00\u4e9b\u670d\u52a1\u5668\u82af\u7247\u3001\u5b58\u50a8\u82af\u7247\u3001\u8ba1\u7b97\u82af\u7247\u7b49\u5173\u952e\u82af\u7247\u9886\u57df\u8fdb\u884c\u7a81\u7834\u3002<\/p>\n\n\n\n
\u5176\u6b21\uff0c\u5728PaaS\u5c42\u9762\u4e0a\uff0c\u963f\u91cc\u6210\u4e3a\u4e86\u7b2c\u4e00\u4e2a\u63d0\u51fa\u4e2d\u53f0\u6218\u7565\u7684\u79d1\u6280\u516c\u53f8\uff1a\u963f\u91cc\u5e0c\u671b\u57fa\u4e8e\u6570\u636e\u4e2d\u53f0\uff0c\u667a\u80fd\u5316\u5de5\u4f5c\u4e2d\u53f0\uff0cIoT\u4e2d\u53f0\u7b49\uff0c\u8ba9\u66f4\u591a\u7684\u5ba2\u6237\u548c\u751f\u6001\u5408\u4f5c<\/em>\u4f19\u4f34\u53d7\u76ca\uff1a\u901a\u8fc7\u7c7b\u4f3c\u9489\u9489\u8fd9\u6837\u7684\u5e73\u53f0\uff0c\u8ba9\u66f4\u591a\u5f00\u53d1\u8005\u57fa\u4e8e\u4e2d\u53f0\u66f4\u597d\u7684\u66f4\u597d\u5730\u505a\u4e2a\u6027\u5316\u7684\u5f00\u53d1\uff0c\u53d1\u5c55\u4e2a\u6027\u5316\u7684\u5e94\u7528\uff0c\u540c\u65f6\u4e5f\u80fd\u5145\u5206\u8fd0\u7528\u4e91\u7684\u8d44\u6e90\u548c\u8ba1\u7b97\u529b\uff0c\u5229\u7528\u7b97\u6cd5\u7684\u57fa\u7840\uff0c\u5229\u7528\u7ec4\u7ec7\u6570\u5b57\u5316\uff0c\u5305\u62ecIoT\u7684\u5404\u79cd\u57fa\u7840\u8bbe\u65bd\u3002<\/p>\n\n\n\n\u6700\u540e\uff0c\u901a\u8fc7\u4e0e\u4e0d\u540c\u884c\u4e1a\u4f19\u4f34\u5408\u4f5c<\/em>\uff0c\u963f\u91cc\u4e5f\u5f00\u59cb\u8d70\u5411SaaS\u5c42\u9762\u7684\u89e3\u51b3\u65b9\u6848\u3002\u6bcf\u4e2a\u884c\u4e1a\u90fd\u8981\u8fdb\u884c\u6570\u5b57\u5316\u7684\u5de5\u4f5c\uff0c\u6bcf\u4e2a\u884c\u4e1a\u5728\u8fdb\u5165\u7b26\u5408\u5b83\u4ea7\u4e1a\u7279\u70b9\u7684\u7ecf\u8425\u65f6\uff0c\u9996\u5148\u5fc5\u987b\u5efa\u6784\u6210\u4e86\u8bbe\u4e00\u4e2a\u6570\u5b57\u5316\u7ec4\u7ec7\u3001\u6570\u5b57\u5316\u5de5\u4f5c\u65b9\u5f0f\u3002\u800c\u963f\u91cc\u4e91\u8ba1\u7b97\u548c\u5927\u6570\u636e\uff0c\u662f\u9762\u5411\u5ba2\u6237\u7684\u670d\u52a1\u548c\u51fa\u53e3\u3002<\/p>\n\n\n\n\u5728\u8fd9\u65b9\u9762\uff0c\u963f\u91cc\u72ec\u521b\u7684\u4ea7\u54c1\u548c\u670d\u52a1\u6a21\u578b\u6b63\u5728\u9010\u6e10\u94fa\u5f00\uff1a<\/p>\n\n\n\n
\u963f\u91cc\u4eba\u5de5\u667a\u80fd\u5728\u963f\u91cc\u5404\u4e2a\u4e1a\u52a1\u65b9\u9762\u7684\u878d\u5408\u5df2\u7ecf\u521d\u89c1\u6210\u6548\uff0c\u963f\u91cc\u7684\u5c0f\u86ee\u9a74\u642d\u8f7d\u7684\u662fL4\u9ad8\u9636\u667a\u80fd\u9a7e\u9a76\u7684\u6280\u672f\uff0c\u540c\u65f6\u963f\u91cc\u5f62\u6210\u4e86\u672b\u7aef\u65e0\u4eba\u914d\u9001\u8f66\u7684\u4ea7\u54c1\uff0c\u5df2\u7ecf\u5b9e\u73b0\u4e86\u89c4\u6a21\u5316\uff1b<\/p>\n\n\n\n
\u963f\u91cc\u7684\u57ce\u5e02\u5927\u8111\u670d\u52a1\u5e73\u53f0\u5728\u5e02\u573a\u4e0a\u5f97\u5230\u666e\u904d\u8ba4\u53ef\uff0c\u57ce\u5e02\u5927\u8111\u4eca\u5929\u5df2\u7ecf\u8f6c\u5316\u6210\u4e00\u4e2a\u5e7f\u6cdb\u4f7f\u7528\u7684\u4ea7\u4e1a\u5316\u89e3\u51b3\u65b9\u6848\uff0c\u4e3a\u57ce\u5e02\u63d0\u4f9b\u6570\u5b57\u5316\u5e95\u5ea7\uff0c\u901a\u8fc7\u591a\u79cdAI\u6280\u672f\u6765\u5b8c\u6210\u57ce\u5e02\u5404\u79cd\u8981\u7d20\u7684\u6570\u5b57\u5316\uff0c\u5e76\u8fdb\u884c\u9ad8\u6548\u7684\u57ce\u5e02\u7ba1\u7406\u3002<\/p>\n\n\n\n
\u800c\u5728\u8f6f\u786c\u4ef6\u53d1\u5c55\u4e2d\uff0c\u963f\u91cc\u5df4\u5df4\u6b63\u5728\u5927\u529b\u63a8\u8fdb\u5168\u6808\u81ea\u7814\u7684\u4e91\u7684\u57fa\u7840\u8bbe\u65bd\u7684\u5efa\u8bbe\uff0c\u5305\u62ec\u6570\u636e\u4e2d\u5fc3\u3001\u7f51\u7edc\u6280\u672f\u3001\u82af\u7247\u3001\u670d\u52a1\u5668\u8fd9\u4e9b\u6838\u5fc3\u6280\u672f\uff0c\u5f62\u6210\u4e91\u8ba1\u7b97\u3001\u4e91\u57fa\u7840\u8bbe\u65bd\u7684\u6838\u5fc3\u80fd\u529b\u3002<\/p>\n\n\n\n
\u9664\u6b64\u4e4b\u5916\uff0c\u66f4\u91cd\u8981\u7684\u662f\uff0c\u963f\u91cc\u5f00\u59cb\u8fdb\u4e00\u6b65\u503e\u6ce8\u529b\u91cf\u5b9e\u73b0\u6280\u672f\u7684\u666e\u60e0\uff1a\u963f\u91cc\u6253\u9020\u4e86\u4eba\u5de5\u667a\u80fd\u7684\u5927\u578b\u9884\u8bad\u7ec3\u6a21\u578b\u3002\u5728\u8fd9\u4e2a\u6a21\u578b\u4e2d\uff0c\u963f\u91cc\u7684\u5e7f\u5927\u5f00\u53d1\u8005\u5982\u679c\u6709\u80fd\u529b\u5f00\u53d1\u7b97\u6cd5\uff0c\u963f\u91cc\u5c06\u80fd\u63d0\u4f9bM6\u4f5c\u4e3a\u57fa\u7840\u8bbe\u65bd\uff0c\u8ba9\u5408\u4f5c<\/em>\u4f19\u4f34\u66f4\u666e\u60e0\u5316\u5730\u4f7f\u7528\u4f4e\u6210\u672c\u3001\u9ad8\u53ef\u7528\u7684\u8bad\u7ec3\u7684\u57fa\u7840\u8bbe\u65bd\uff0c\u4e3a\u4ed6\u4eec\u7b97\u6cd5\u7684\u6210\u719f\u63d0\u4f9b\u57fa\u7840\u5e2e\u52a9\u3002<\/p>\n\n\n\n\u963f\u91cc\u4eca\u5929\u4e5f\u79ef\u6781\u63a8\u8fdb\u201c\u4e00\u4e91\u591a\u82af\u201d\u7684\u6280\u672f\u67b6\u6784\u3002\u5728\u963f\u91cc\u773c\u4e2d\uff0c\u672a\u6765\u4e0d\u540c\u7684\u82af\u7247\u90fd\u80fd\u9002\u914d\u5230\u963f\u91cc\u4e91\uff0c\u5e76\u80fd\u8fdb\u884c\u6279\u91cf\u5316\u8fd0\u8425\uff0c\u5927\u89c4\u6a21\u3001\u9ad8\u590d\u7528\u5730\u4e3a\u5ba2\u6237\u63d0\u4f9b\u670d\u52a1\u3002<\/p>\n\n\n\n
04 ESG\uff1a\u963f\u91cc\u7684\u65b0\u52a8\u5411<\/h2>\n\n\n\n
\u66f4\u4ee4\u4eba\u60ca\u559c\u7684\u662f\uff0c\u9664\u4e86\u4e09\u5927\u6218\u7565\u4e4b\u5916\uff0cESG\u7b2c\u4e00\u6b21\u51fa\u73b0\u5728\u963f\u91cc\u6295\u8d44\u8005\u65e5\u7684\u63cf\u8ff0\u4e2d\uff1a\u5728\u78b3\u4e2d\u548c\uff0c\u7f29\u5c0f\u6280\u672f\u9e3f\u6c9f\uff0c\u56de\u9988\u793e\u4f1a\u7b49\u8bf8\u591a\u7b49\u5c42\u9762\uff0c\u963f\u91cc\u90fd\u63d0\u51fa\u4e86\u5177\u4f53\u800c\u5fae\u7684\u65b9\u6848\uff0c\u7531\u6b64\u770b\u5f97\u51fa\u963f\u91cc\u5bf9ESG\u6218\u7565\u7684\u6001\u5ea6\u3002<\/p>\n\n\n\n
\u5728\u73af\u5883\u5c42\u9762\uff0c\u5728\u963f\u91cc\u5df4\u5df4\u6295\u8d44\u8005\u65e5\uff0c\u963f\u91cc\u5df2\u7ecf\u5bf9\u78b3\u4e2d\u548c\u65b9\u6848\u505a\u51fa\u4e86\u660e\u786e\u62c6\u89e3\uff1a\u52302030\u5e74\uff0c\u963f\u91cc\u5df4\u5df4\u81ea\u8eab\u8fd0\u8425\u5b9e\u73b0\u78b3\u4e2d\u548c\uff0c\u534f\u540c\u751f\u6001\u4e0a\u4e0b\u6e38\uff0c\u5171\u540c\u5b9e\u73b0\u78b3\u6392\u653e\u5f3a\u5ea6\u8f832020\u5e74\u51cf\u534a\uff0c\u52302035\u5e74\u5e26\u52a8\u751f\u6001\u7d2f\u8ba1\u51cf\u78b315\u4ebf\u5428\u3002<\/p>\n\n\n\n
\u800c\u793e\u4f1a\u5c42\u9762\uff0c\u5728\u7f29\u5c0f\u6570\u5b57\u9e3f\u6c9f\uff0c\u56de\u9988\u793e\u4f1a\u7b49\u5c42\u9762\uff0c\u963f\u91cc\u5df4\u5df4\u63d0\u51fa\u4e86\u56db\u5927\u6784\u60f3\uff1a\u56f4\u7ed5\u6b20\u53d1\u8fbe\u5730\u533a\u7684\u6280\u672f\u521b\u65b0\uff0c\u5e2e\u52a9\u5c0f\u4f01\u4e1a\u51fa\u6d77\uff0c\u63d0\u5347\u7528\u5de5\u7684\u798f\u5229\u4fdd\u8bc1\uff1b\u901a\u8fc7\u670d\u52a1\u5f31\u52bf\u7fa4\u4f53\u7f29\u5c0f\u57ce\u4e61\u5dee\u8ddd\uff0c<\/p>\n\n\n\n
\u5728\u6cbb\u7406\u5c42\u9762\uff0c\u6700\u540e\u5728\u6cbb\u7406\u65b9\u9762\uff0c\u963f\u91cc\u5b8c\u6210\u4e86\u592f\u5b9e\u7ec4\u7ec7\u4fdd\u969c\uff0c\u5efa\u7acb\u4e13\u95e8\u7684\u6cbb\u7406\u673a\u6784\uff0c\u5305\u62ec\u8463\u4e8b\u4f1a\u7684\u53ef\u6301\u7eed\u53d1\u5c55\u59d4\u5458\u4f1a\uff0c\u4ece\u800c\u4e3a\u6574\u4e2aESG\u5de5\u4f5c\u7684\u63a8\u8fdb\uff0c\u4e3a\u6574\u4e2a\u516c\u53f8\u7684\u6cbb\u7406\u5347\u7ea7\u6765\u63d0\u4f9b\u6307\u5bfc\u3002<\/p>\n\n\n\n
\u4e0d\u96be\u7406\u89e3\uff0c\u901a\u8fc7\u8fd9\u4e9b\u884c\u52a8\u8f6c\u53d8\uff0c\u963f\u91cc\u5bf9\u5916\u754c\u73af\u5883\u53d8\u5316\u8fdb\u884c\u4e86\u547c\u5e94\uff0c\u4e00\u65b9\u9762\u901a\u8fc7\u4e0e\u56fd\u9645\u6807\u51c6\u5bf9\u9f50\uff0c\u53e6\u4e00\u65b9\u9762\u5c06ESG\u878d\u5408\u5230\u516c\u53f8\u5b9e\u9645\u4e1a\u52a1\u4e2d\uff0c\u963f\u91cc\u6210\u529f\u5728ESG\u9886\u57df\u8d62\u56de\u4e00\u5206\u3002<\/p>\n\n\n\n
\u5c31\u5728\u4e0d\u4e45\u524d\uff0c\u56fd\u9645\u77e5\u540d\u6307\u6570\u4f9b\u5e94\u5546\u660e\u665f\u516c\u53f8\uff08MSCI\uff09\u5c06\u963f\u91cc\u5df4\u5df4ESG\u8bc4\u7ea7\u4eceBB\u4e0a\u8c03\u5230BBB\uff0c\u4e0e\u4e9a\u9a6c\u900a\u7b49\u516c\u53f8\u9f50\u5e73\u3002\u4ece\u53bb\u5e74\u964d\u7ea7\u5230\u4eca\u5e74\u8bc4\u7ea7\u56de\u5347\uff0c\u4fa7\u9762\u53cd\u6620\u56fd\u9645\u5e02\u573a\u5bf9\u963f\u91cc\u4e00\u5e74\u6765\u516c\u53f8\u6cbb\u7406\u6210\u679c\u7684\u8ba4\u53ef\u3002<\/p>\n\n\n\n
05 \u7ed3\u8bed\uff1a\u5584\u5f08\u8005\u901a\u76d8\u65e0\u5999\u624b<\/h2>\n\n\n\n
\u7eb5\u89c2\u4f01\u4e1a\u53d1\u5c55\u5386\u53f2\uff0c\u6ca1\u6709\u4e00\u5bb6\u516c\u53f8\u7684\u589e\u957f\u8def\u5f84\u662f\u8f7b\u677e\u5766\u9014\uff0c\u603b\u6709\u987a\u98ce\u548c\u9006\u98ce\u7684\u72b6\u6001\uff0c\u963f\u91cc\u5df4\u5df4\u80fd\u591f\u5c06\u5185\u9700\u6269\u5927\uff0c\u5168\u7403\u589e\u957f\uff0c\u548c\u79d1\u6280\u6295\u5165\u4e09\u4e2a\u5c42\u9762\u7684\u6218\u7565\uff0c\u957f\u671f\u4e00\u4ee5\u8d2f\u4e4b\uff0c\u8fd9\u79cd\u901a\u76d8\u65e0\u5999\u624b\u7684\u6218\u7565\u5b9a\u529b\u624d\u662f\u6700\u4e3a\u7a00\u7f3a\u7684\u3002<\/p>\n\n\n\n
\u4ee5\u6b64\u6b21\u6295\u8d44\u8005\u65e5\u7684\u62c6\u89e3\u6765\u770b\uff0c\u5bf9\u963f\u91cc\u7684\u8d1f\u9762\u60b2\u89c2\u89c2\u70b9\u5df2\u7ecf\u88ab\u8fc7\u5ea6\u6f14\u7ece\uff0c\u5b8f\u89c2\u6d88\u8d39\u5468\u671f\u548c\u5fae\u89c2\u589e\u957f\u5468\u671f\u7684\u53e0\u52a0\u662f\u963f\u91cc\u5f53\u524d\u5e02\u503c\u4e0b\u884c\u7684\u4e3b\u8981\u9a71\u52a8\u56e0\u7d20\uff1b\u800c\u4ee5\u4ece1-N\u7684\u5168\u7403\u5316\u66f2\u7ebf\u5ef6\u4f38\u548c\u4ece\u96f6\u5230\u4e00\u7684\u6280\u672f\u50a8\u5907\u6765\u770b\uff0c\u6295\u8d44\u4eba\u5bf9\u8eab\u5904\u8c37\u5e95\u963f\u91cc\u4e0d\u59a8\u4e50\u89c2\u4e00\u70b9\uff1a<\/p>\n\n\n\n
\u5584\u5f08\u8005\u901a\u76d8\u65e0\u5999\u624b\uff0c\u963f\u91cc\u4e00\u65b9\u9762\u4e0d\u5931\u575a\u5b9a\u7684\u6309\u7167\u65e2\u5b9a\u7684\u6218\u7565\u6301\u4e4b\u4ee5\u6052\uff0c\u53e6\u4e00\u65b9\u9762\u53c8\u5bf9ESG\u7b49\u65b0\u5174\u8bae\u9898\u59a5\u5584\u52a0\u4ee5\u5e94\u5bf9\uff0c\u8fd9\u6837\u6709\u6548\u6c89\u7740\u5e94\u5bf9\u5468\u671f\u4e0b\u884c\u7684\u963f\u91cc\u5df4\u5df4\uff0c\u662f\u8001\u9053\u7684\u6295\u8d44\u4eba\u5fc5\u987b\u52a0\u4ee5\u5173\u6ce8\u7684\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"
\u5728Facebook\u548cSpaceX\u7684VC\u6295\u8d44\u4ebaPeter Thiel\u773c\u4e2d\uff0c\u4e00\u5bb6\u4f01\u4e1a\u7684\u589e\u957f\u6709\u4e24\u4e2a\u7ef4\u5ea6\uff1a\u4e00\u4e2a\u662f\u540c\u6837\u751f\u610f\u6a21\u5f0f\u7684\u4ece1-N\uff0c\u4f53\u73b0\u4e3a\u5168\u7403\u5316\u7684\u6a2a\u5411\u590d\u5236\uff1b\u53e6\u4e00\u4e2a\u4f53\u73b0\u4e3a\u521b\u65b0\u7684\u4ece\u96f6\u5230\u4e00\uff0c\u2026<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2036],"tags":[558],"special":[],"class_list":["post-53342","post","type-post","status-publish","format-standard","hentry","category-quan","tag-558","entry"],"views":31483,"_links":{"self":[{"href":"https:\/\/www.growthhk.cn\/wp-json\/wp\/v2\/posts\/53342","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.growthhk.cn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.growthhk.cn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.growthhk.cn\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.growthhk.cn\/wp-json\/wp\/v2\/comments?post=53342"}],"version-history":[{"count":0,"href":"https:\/\/www.growthhk.cn\/wp-json\/wp\/v2\/posts\/53342\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.growthhk.cn\/wp-json\/wp\/v2\/media?parent=53342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.growthhk.cn\/wp-json\/wp\/v2\/categories?post=53342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.growthhk.cn\/wp-json\/wp\/v2\/tags?post=53342"},{"taxonomy":"special","embeddable":true,"href":"https:\/\/www.growthhk.cn\/wp-json\/wp\/v2\/special?post=53342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}