中(zhong)證網訊（記(ji)者 劉(liu)麗靚(jing)）國(guo)家發改委1月5日公(gong)布(bu)的數(shu)據(ju)顯示，2020年(nian)四季度(du)，中(zhong)小企(qi)業(ye)發展指(zhi)數(shu)（SMEDI）為87.0，比三季度(du)回升(sheng)(sheng)0.2點(dian)。連(lian)續三個季度(du)回升(sheng)(sheng)，已(yi)升(sheng)(sheng)至2020年(nian)一季度(du)以(yi)來最高點(dian)。其(qi)中(zhong)，分(fen)行業(ye)指(zhi)數(shu)7升(sheng)(sheng)1降，分(fen)項指(zhi)數(shu)6升(sheng)(sheng)2降。

　　數(shu)(shu)據顯示，2020年四季度(du)以(yi)(yi)來，國內(nei)經濟(ji)延(yan)續(xu)持續(xu)復蘇、穩(wen)步(bu)回升勢頭(tou)，展現出強大的防險能力、抗壓(ya)韌性和(he)發展活(huo)力。同時(shi)也要看到(dao)，全球(qiu)疫情擴散蔓延(yan)態勢還在(zai)(zai)(zai)持續(xu)，內(nei)外(wai)部環境存在(zai)(zai)(zai)諸多不確定性，中(zhong)(zhong)小企(qi)業生產(chan)經營困難(nan)仍(reng)較多，運(yun)營成(cheng)本增加，盈利(li)空間受到(dao)擠壓(ya)，融資(zi)(zi)難(nan)、勞動力短缺、負擔重等問題依(yi)然存在(zai)(zai)(zai)，生產(chan)經營繼(ji)續(xu)承壓(ya)。分行(xing)業指(zhi)(zhi)數(shu)(shu)7升1降(jiang)。8個分行(xing)業指(zhi)(zhi)數(shu)(shu)仍(reng)處于(yu)景(jing)氣臨界(jie)值100以(yi)(yi)下(xia)，但(dan)比上(shang)季度(du)均(jun)有(you)所回升。其中(zhong)(zhong)，工業、建筑(zhu)業、交通運(yun)輸郵政倉(cang)儲業、批發零售業、社會服務(wu)業、信息傳(chuan)輸計算機(ji)軟件(jian)業和(he)住(zhu)宿餐飲業指(zhi)(zhi)數(shu)(shu)比上(shang)季度(du)分別上(shang)升0.2點(dian)、0.3點(dian)、0.3點(dian)、0.2點(dian)、0.4點(dian)、0.1點(dian)和(he)0.4點(dian)。分項(xiang)指(zhi)(zhi)數(shu)(shu)6升2降(jiang)。勞動力指(zhi)(zhi)數(shu)(shu)雖然由升轉降(jiang)、成(cheng)本指(zhi)(zhi)數(shu)(shu)繼(ji)續(xu)下(xia)降(jiang)，但(dan)仍(reng)與宏(hong)觀經濟(ji)感受指(zhi)(zhi)數(shu)(shu)和(he)資(zi)(zi)金指(zhi)(zhi)數(shu)(shu)一(yi)并保持在(zai)(zai)(zai)景(jing)氣臨界(jie)值100以(yi)(yi)上(shang)；綜(zong)合經營指(zhi)(zhi)數(shu)(shu)、市(shi)場(chang)指(zhi)(zhi)數(shu)(shu)、投入指(zhi)(zhi)數(shu)(shu)和(he)效益指(zhi)(zhi)數(shu)(shu)仍(reng)處于(yu)景(jing)氣臨界(jie)值100以(yi)(yi)下(xia)，但(dan)均(jun)比上(shang)季度(du)有(you)所回升。

　　數(shu)(shu)(shu)(shu)(shu)(shu)(shu)據顯(xian)示，四(si)季(ji)(ji)(ji)(ji)(ji)(ji)(ji)度(du)(du)(du)(du)(du)(du)(du)(du)，中(zhong)(zhong)(zhong)小企(qi)(qi)業(ye)(ye)(ye)(ye)(ye)(ye)(ye)發(fa)展(zhan)指(zhi)(zhi)(zhi)(zhi)(zhi)(zhi)數(shu)(shu)(shu)(shu)(shu)(shu)(shu)反映出中(zhong)(zhong)(zhong)小企(qi)(qi)業(ye)(ye)(ye)(ye)(ye)(ye)(ye)運(yun)行(xing)(xing)(xing)情況有(you)(you)以下主要特點(dian)(dian)：一是(shi)(shi)(shi)企(qi)(qi)業(ye)(ye)(ye)(ye)(ye)(ye)(ye)信(xin)心(xin)繼(ji)(ji)續(xu)(xu)(xu)(xu)(xu)(xu)(xu)鞏固。隨著我(wo)國(guo)經濟復(fu)蘇勢(shi)頭持(chi)(chi)續(xu)(xu)(xu)(xu)(xu)(xu)(xu)向好，企(qi)(qi)業(ye)(ye)(ye)(ye)(ye)(ye)(ye)對未(wei)來發(fa)展(zhan)信(xin)心(xin)繼(ji)(ji)續(xu)(xu)(xu)(xu)(xu)(xu)(xu)增強。反映企(qi)(qi)業(ye)(ye)(ye)(ye)(ye)(ye)(ye)信(xin)心(xin)的(de)(de)宏觀經濟感受指(zhi)(zhi)(zhi)(zhi)(zhi)(zhi)數(shu)(shu)(shu)(shu)(shu)(shu)(shu)為(wei)(wei)(wei)101.4，比(bi)(bi)上(shang)(shang)(shang)(shang)(shang)(shang)(shang)(shang)季(ji)(ji)(ji)(ji)(ji)(ji)(ji)度(du)(du)(du)(du)(du)(du)(du)(du)上(shang)(shang)(shang)(shang)(shang)(shang)(shang)(shang)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)0.5點(dian)(dian)；綜(zong)合經營(ying)指(zhi)(zhi)(zhi)(zhi)(zhi)(zhi)數(shu)(shu)(shu)(shu)(shu)(shu)(shu)為(wei)(wei)(wei)95.9，比(bi)(bi)上(shang)(shang)(shang)(shang)(shang)(shang)(shang)(shang)季(ji)(ji)(ji)(ji)(ji)(ji)(ji)度(du)(du)(du)(du)(du)(du)(du)(du)上(shang)(shang)(shang)(shang)(shang)(shang)(shang)(shang)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)0.4點(dian)(dian)。在(zai)調(diao)(diao)查(cha)(cha)的(de)(de)8個(ge)(ge)(ge)(ge)(ge)(ge)(ge)行(xing)(xing)(xing)業(ye)(ye)(ye)(ye)(ye)(ye)(ye)中(zhong)(zhong)(zhong)，宏觀經濟感受指(zhi)(zhi)(zhi)(zhi)(zhi)(zhi)數(shu)(shu)(shu)(shu)(shu)(shu)(shu)和綜(zong)合經營(ying)指(zhi)(zhi)(zhi)(zhi)(zhi)(zhi)數(shu)(shu)(shu)(shu)(shu)(shu)(shu)均為(wei)(wei)(wei)7升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)1降(jiang)(jiang)(jiang)。二是(shi)(shi)(shi)市場(chang)預(yu)期(qi)持(chi)(chi)續(xu)(xu)(xu)(xu)(xu)(xu)(xu)改(gai)(gai)善(shan)(shan)。隨著“六(liu)穩(wen)”“六(liu)保”政策(ce)(ce)措施持(chi)(chi)續(xu)(xu)(xu)(xu)(xu)(xu)(xu)發(fa)力(li)，供(gong)(gong)需(xu)(xu)(xu)(xu)兩端(duan)繼(ji)(ji)續(xu)(xu)(xu)(xu)(xu)(xu)(xu)改(gai)(gai)善(shan)(shan)，供(gong)(gong)需(xu)(xu)(xu)(xu)關系更趨平衡，市場(chang)預(yu)期(qi)不(bu)斷(duan)改(gai)(gai)善(shan)(shan)。四(si)季(ji)(ji)(ji)(ji)(ji)(ji)(ji)度(du)(du)(du)(du)(du)(du)(du)(du)市場(chang)指(zhi)(zhi)(zhi)(zhi)(zhi)(zhi)數(shu)(shu)(shu)(shu)(shu)(shu)(shu)為(wei)(wei)(wei)78.3，比(bi)(bi)上(shang)(shang)(shang)(shang)(shang)(shang)(shang)(shang)季(ji)(ji)(ji)(ji)(ji)(ji)(ji)度(du)(du)(du)(du)(du)(du)(du)(du)上(shang)(shang)(shang)(shang)(shang)(shang)(shang)(shang)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)0.5點(dian)(dian)，但(dan)(dan)(dan)仍低(di)(di)(di)于(yu)(yu)(yu)景氣(qi)臨(lin)界值100，且處(chu)于(yu)(yu)(yu)8個(ge)(ge)(ge)(ge)(ge)(ge)(ge)分(fen)(fen)(fen)項(xiang)指(zhi)(zhi)(zhi)(zhi)(zhi)(zhi)數(shu)(shu)(shu)(shu)(shu)(shu)(shu)次低(di)(di)(di)位(wei)(wei)。所(suo)調(diao)(diao)查(cha)(cha)的(de)(de)8個(ge)(ge)(ge)(ge)(ge)(ge)(ge)行(xing)(xing)(xing)業(ye)(ye)(ye)(ye)(ye)(ye)(ye)國(guo)內訂單指(zhi)(zhi)(zhi)(zhi)(zhi)(zhi)數(shu)(shu)(shu)(shu)(shu)(shu)(shu)7升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)1降(jiang)(jiang)(jiang)，其中(zhong)(zhong)(zhong)銷(xiao)售量指(zhi)(zhi)(zhi)(zhi)(zhi)(zhi)數(shu)(shu)(shu)(shu)(shu)(shu)(shu)全面(mian)(mian)上(shang)(shang)(shang)(shang)(shang)(shang)(shang)(shang)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)。三(san)(san)是(shi)(shi)(shi)經營(ying)成(cheng)本繼(ji)(ji)續(xu)(xu)(xu)(xu)(xu)(xu)(xu)上(shang)(shang)(shang)(shang)(shang)(shang)(shang)(shang)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)。部分(fen)(fen)(fen)大(da)(da)宗商品價格(ge)持(chi)(chi)續(xu)(xu)(xu)(xu)(xu)(xu)(xu)攀升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)，加(jia)之市場(chang)需(xu)(xu)(xu)(xu)求(qiu)繼(ji)(ji)續(xu)(xu)(xu)(xu)(xu)(xu)(xu)回暖，推動(dong)(dong)(dong)(dong)制造業(ye)(ye)(ye)(ye)(ye)(ye)(ye)采(cai)購價格(ge)和產(chan)(chan)成(cheng)品銷(xiao)售價格(ge)上(shang)(shang)(shang)(shang)(shang)(shang)(shang)(shang)漲。四(si)季(ji)(ji)(ji)(ji)(ji)(ji)(ji)度(du)(du)(du)(du)(du)(du)(du)(du)成(cheng)本指(zhi)(zhi)(zhi)(zhi)(zhi)(zhi)數(shu)(shu)(shu)(shu)(shu)(shu)(shu)為(wei)(wei)(wei)118.2，比(bi)(bi)上(shang)(shang)(shang)(shang)(shang)(shang)(shang)(shang)季(ji)(ji)(ji)(ji)(ji)(ji)(ji)度(du)(du)(du)(du)(du)(du)(du)(du)下降(jiang)(jiang)(jiang)0.3點(dian)(dian)，雖仍處(chu)于(yu)(yu)(yu)8個(ge)(ge)(ge)(ge)(ge)(ge)(ge)分(fen)(fen)(fen)項(xiang)指(zhi)(zhi)(zhi)(zhi)(zhi)(zhi)數(shu)(shu)(shu)(shu)(shu)(shu)(shu)的(de)(de)最(zui)高(gao)位(wei)(wei)，但(dan)(dan)(dan)已連(lian)續(xu)(xu)(xu)(xu)(xu)(xu)(xu)2個(ge)(ge)(ge)(ge)(ge)(ge)(ge)季(ji)(ji)(ji)(ji)(ji)(ji)(ji)度(du)(du)(du)(du)(du)(du)(du)(du)下降(jiang)(jiang)(jiang)，表明(ming)成(cheng)本繼(ji)(ji)續(xu)(xu)(xu)(xu)(xu)(xu)(xu)上(shang)(shang)(shang)(shang)(shang)(shang)(shang)(shang)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)。在(zai)調(diao)(diao)查(cha)(cha)的(de)(de)8個(ge)(ge)(ge)(ge)(ge)(ge)(ge)行(xing)(xing)(xing)業(ye)(ye)(ye)(ye)(ye)(ye)(ye)中(zhong)(zhong)(zhong)，5個(ge)(ge)(ge)(ge)(ge)(ge)(ge)行(xing)(xing)(xing)業(ye)(ye)(ye)(ye)(ye)(ye)(ye)生產(chan)(chan)成(cheng)本、4個(ge)(ge)(ge)(ge)(ge)(ge)(ge)行(xing)(xing)(xing)業(ye)(ye)(ye)(ye)(ye)(ye)(ye)原材料成(cheng)本、7個(ge)(ge)(ge)(ge)(ge)(ge)(ge)行(xing)(xing)(xing)業(ye)(ye)(ye)(ye)(ye)(ye)(ye)人力(li)成(cheng)本均有(you)(you)所(suo)上(shang)(shang)(shang)(shang)(shang)(shang)(shang)(shang)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)。四(si)是(shi)(shi)(shi)資(zi)(zi)(zi)金(jin)緊張局面(mian)(mian)有(you)(you)所(suo)改(gai)(gai)善(shan)(shan)。四(si)季(ji)(ji)(ji)(ji)(ji)(ji)(ji)度(du)(du)(du)(du)(du)(du)(du)(du)資(zi)(zi)(zi)金(jin)指(zhi)(zhi)(zhi)(zhi)(zhi)(zhi)數(shu)(shu)(shu)(shu)(shu)(shu)(shu)為(wei)(wei)(wei)101.6，比(bi)(bi)上(shang)(shang)(shang)(shang)(shang)(shang)(shang)(shang)季(ji)(ji)(ji)(ji)(ji)(ji)(ji)度(du)(du)(du)(du)(du)(du)(du)(du)上(shang)(shang)(shang)(shang)(shang)(shang)(shang)(shang)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)0.2點(dian)(dian)，連(lian)續(xu)(xu)(xu)(xu)(xu)(xu)(xu)三(san)(san)個(ge)(ge)(ge)(ge)(ge)(ge)(ge)季(ji)(ji)(ji)(ji)(ji)(ji)(ji)度(du)(du)(du)(du)(du)(du)(du)(du)上(shang)(shang)(shang)(shang)(shang)(shang)(shang)(shang)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)并高(gao)于(yu)(yu)(yu)景氣(qi)臨(lin)界值100。融(rong)資(zi)(zi)(zi)指(zhi)(zhi)(zhi)(zhi)(zhi)(zhi)數(shu)(shu)(shu)(shu)(shu)(shu)(shu)為(wei)(wei)(wei)89.3，上(shang)(shang)(shang)(shang)(shang)(shang)(shang)(shang)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)0.6點(dian)(dian)；在(zai)調(diao)(diao)查(cha)(cha)的(de)(de)8個(ge)(ge)(ge)(ge)(ge)(ge)(ge)行(xing)(xing)(xing)業(ye)(ye)(ye)(ye)(ye)(ye)(ye)中(zhong)(zhong)(zhong)，融(rong)資(zi)(zi)(zi)指(zhi)(zhi)(zhi)(zhi)(zhi)(zhi)數(shu)(shu)(shu)(shu)(shu)(shu)(shu)6升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)1平1降(jiang)(jiang)(jiang)。流(liu)動(dong)(dong)(dong)(dong)資(zi)(zi)(zi)金(jin)緊張狀(zhuang)況得(de)到改(gai)(gai)善(shan)(shan)，四(si)季(ji)(ji)(ji)(ji)(ji)(ji)(ji)度(du)(du)(du)(du)(du)(du)(du)(du)流(liu)動(dong)(dong)(dong)(dong)資(zi)(zi)(zi)金(jin)指(zhi)(zhi)(zhi)(zhi)(zhi)(zhi)數(shu)(shu)(shu)(shu)(shu)(shu)(shu)為(wei)(wei)(wei)85.8，上(shang)(shang)(shang)(shang)(shang)(shang)(shang)(shang)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)0.2點(dian)(dian)；在(zai)調(diao)(diao)查(cha)(cha)的(de)(de)8個(ge)(ge)(ge)(ge)(ge)(ge)(ge)行(xing)(xing)(xing)業(ye)(ye)(ye)(ye)(ye)(ye)(ye)中(zhong)(zhong)(zhong)，流(liu)動(dong)(dong)(dong)(dong)資(zi)(zi)(zi)金(jin)指(zhi)(zhi)(zhi)(zhi)(zhi)(zhi)數(shu)(shu)(shu)(shu)(shu)(shu)(shu)6升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)2降(jiang)(jiang)(jiang)。應收賬(zhang)款情況未(wei)見明(ming)顯(xian)改(gai)(gai)善(shan)(shan)，在(zai)調(diao)(diao)查(cha)(cha)的(de)(de)8個(ge)(ge)(ge)(ge)(ge)(ge)(ge)行(xing)(xing)(xing)業(ye)(ye)(ye)(ye)(ye)(ye)(ye)中(zhong)(zhong)(zhong)，應收賬(zhang)款指(zhi)(zhi)(zhi)(zhi)(zhi)(zhi)數(shu)(shu)(shu)(shu)(shu)(shu)(shu)3升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)5降(jiang)(jiang)(jiang)。五是(shi)(shi)(shi)勞(lao)(lao)動(dong)(dong)(dong)(dong)力(li)供(gong)(gong)不(bu)應求(qiu)。隨著企(qi)(qi)業(ye)(ye)(ye)(ye)(ye)(ye)(ye)復(fu)工率持(chi)(chi)續(xu)(xu)(xu)(xu)(xu)(xu)(xu)提升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)，勞(lao)(lao)動(dong)(dong)(dong)(dong)力(li)市場(chang)秩(zhi)序漸(jian)次回歸(gui)正軌(gui)，市場(chang)供(gong)(gong)求(qiu)總體恢復(fu)常態，勞(lao)(lao)動(dong)(dong)(dong)(dong)力(li)需(xu)(xu)(xu)(xu)求(qiu)不(bu)斷(duan)增加(jia)，但(dan)(dan)(dan)勞(lao)(lao)動(dong)(dong)(dong)(dong)力(li)供(gong)(gong)給缺口在(zai)擴大(da)(da)，供(gong)(gong)求(qiu)關系偏緊。四(si)季(ji)(ji)(ji)(ji)(ji)(ji)(ji)度(du)(du)(du)(du)(du)(du)(du)(du)勞(lao)(lao)動(dong)(dong)(dong)(dong)力(li)指(zhi)(zhi)(zhi)(zhi)(zhi)(zhi)數(shu)(shu)(shu)(shu)(shu)(shu)(shu)為(wei)(wei)(wei)105.5，比(bi)(bi)上(shang)(shang)(shang)(shang)(shang)(shang)(shang)(shang)季(ji)(ji)(ji)(ji)(ji)(ji)(ji)度(du)(du)(du)(du)(du)(du)(du)(du)下降(jiang)(jiang)(jiang)0.2點(dian)(dian)，連(lian)續(xu)(xu)(xu)(xu)(xu)(xu)(xu)2個(ge)(ge)(ge)(ge)(ge)(ge)(ge)季(ji)(ji)(ji)(ji)(ji)(ji)(ji)度(du)(du)(du)(du)(du)(du)(du)(du)上(shang)(shang)(shang)(shang)(shang)(shang)(shang)(shang)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)后首(shou)次下降(jiang)(jiang)(jiang)。其中(zhong)(zhong)(zhong)，需(xu)(xu)(xu)(xu)求(qiu)指(zhi)(zhi)(zhi)(zhi)(zhi)(zhi)數(shu)(shu)(shu)(shu)(shu)(shu)(shu)為(wei)(wei)(wei)99.2，上(shang)(shang)(shang)(shang)(shang)(shang)(shang)(shang)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)0.5點(dian)(dian)；供(gong)(gong)應指(zhi)(zhi)(zhi)(zhi)(zhi)(zhi)數(shu)(shu)(shu)(shu)(shu)(shu)(shu)為(wei)(wei)(wei)111.9，下降(jiang)(jiang)(jiang)0.8點(dian)(dian)。普通(tong)勞(lao)(lao)動(dong)(dong)(dong)(dong)力(li)、技術(shu)工人和大(da)(da)專(zhuan)以上(shang)(shang)(shang)(shang)(shang)(shang)(shang)(shang)畢業(ye)(ye)(ye)(ye)(ye)(ye)(ye)生均呈現(xian)供(gong)(gong)不(bu)應求(qiu)局面(mian)(mian)。六(liu)是(shi)(shi)(shi)企(qi)(qi)業(ye)(ye)(ye)(ye)(ye)(ye)(ye)投資(zi)(zi)(zi)意(yi)(yi)愿(yuan)持(chi)(chi)續(xu)(xu)(xu)(xu)(xu)(xu)(xu)回升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)。穩(wen)投資(zi)(zi)(zi)政策(ce)(ce)落地(di)(di)見效(xiao)(xiao)(xiao)，投資(zi)(zi)(zi)形勢(shi)持(chi)(chi)續(xu)(xu)(xu)(xu)(xu)(xu)(xu)向好，投資(zi)(zi)(zi)意(yi)(yi)愿(yuan)不(bu)斷(duan)改(gai)(gai)善(shan)(shan)。由(you)于(yu)(yu)(yu)擔心(xin)市場(chang)前景仍存較(jiao)(jiao)大(da)(da)不(bu)確(que)定性等因素影響，民間投資(zi)(zi)(zi)活(huo)力(li)尚未(wei)得(de)到充分(fen)(fen)(fen)激發(fa)。四(si)季(ji)(ji)(ji)(ji)(ji)(ji)(ji)度(du)(du)(du)(du)(du)(du)(du)(du)投入指(zhi)(zhi)(zhi)(zhi)(zhi)(zhi)數(shu)(shu)(shu)(shu)(shu)(shu)(shu)為(wei)(wei)(wei)81.3，比(bi)(bi)上(shang)(shang)(shang)(shang)(shang)(shang)(shang)(shang)季(ji)(ji)(ji)(ji)(ji)(ji)(ji)度(du)(du)(du)(du)(du)(du)(du)(du)上(shang)(shang)(shang)(shang)(shang)(shang)(shang)(shang)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)0.1點(dian)(dian)，雖連(lian)續(xu)(xu)(xu)(xu)(xu)(xu)(xu)三(san)(san)個(ge)(ge)(ge)(ge)(ge)(ge)(ge)季(ji)(ji)(ji)(ji)(ji)(ji)(ji)度(du)(du)(du)(du)(du)(du)(du)(du)上(shang)(shang)(shang)(shang)(shang)(shang)(shang)(shang)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)，但(dan)(dan)(dan)處(chu)于(yu)(yu)(yu)歷史(shi)較(jiao)(jiao)低(di)(di)(di)位(wei)(wei)。所(suo)調(diao)(diao)查(cha)(cha)的(de)(de)8個(ge)(ge)(ge)(ge)(ge)(ge)(ge)行(xing)(xing)(xing)業(ye)(ye)(ye)(ye)(ye)(ye)(ye)固定資(zi)(zi)(zi)產(chan)(chan)投資(zi)(zi)(zi)指(zhi)(zhi)(zhi)(zhi)(zhi)(zhi)數(shu)(shu)(shu)(shu)(shu)(shu)(shu)4升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)4降(jiang)(jiang)(jiang)。七(qi)是(shi)(shi)(shi)企(qi)(qi)業(ye)(ye)(ye)(ye)(ye)(ye)(ye)效(xiao)(xiao)(xiao)益(yi)繼(ji)(ji)續(xu)(xu)(xu)(xu)(xu)(xu)(xu)改(gai)(gai)善(shan)(shan)。市場(chang)需(xu)(xu)(xu)(xu)求(qiu)逐漸(jian)回暖，產(chan)(chan)品價格(ge)有(you)(you)所(suo)回升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)，加(jia)之減稅(shui)降(jiang)(jiang)(jiang)費等一系列惠企(qi)(qi)紓困政策(ce)(ce)落地(di)(di)顯(xian)效(xiao)(xiao)(xiao)，企(qi)(qi)業(ye)(ye)(ye)(ye)(ye)(ye)(ye)效(xiao)(xiao)(xiao)益(yi)繼(ji)(ji)續(xu)(xu)(xu)(xu)(xu)(xu)(xu)改(gai)(gai)善(shan)(shan)，但(dan)(dan)(dan)成(cheng)本壓力(li)制約效(xiao)(xiao)(xiao)益(yi)改(gai)(gai)善(shan)(shan)的(de)(de)空間。四(si)季(ji)(ji)(ji)(ji)(ji)(ji)(ji)度(du)(du)(du)(du)(du)(du)(du)(du)企(qi)(qi)業(ye)(ye)(ye)(ye)(ye)(ye)(ye)效(xiao)(xiao)(xiao)益(yi)指(zhi)(zhi)(zhi)(zhi)(zhi)(zhi)數(shu)(shu)(shu)(shu)(shu)(shu)(shu)為(wei)(wei)(wei)61.9，環(huan)比(bi)(bi)上(shang)(shang)(shang)(shang)(shang)(shang)(shang)(shang)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)0.3點(dian)(dian)，連(lian)續(xu)(xu)(xu)(xu)(xu)(xu)(xu)三(san)(san)個(ge)(ge)(ge)(ge)(ge)(ge)(ge)季(ji)(ji)(ji)(ji)(ji)(ji)(ji)度(du)(du)(du)(du)(du)(du)(du)(du)上(shang)(shang)(shang)(shang)(shang)(shang)(shang)(shang)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)，所(suo)調(diao)(diao)查(cha)(cha)的(de)(de)8個(ge)(ge)(ge)(ge)(ge)(ge)(ge)行(xing)(xing)(xing)業(ye)(ye)(ye)(ye)(ye)(ye)(ye)效(xiao)(xiao)(xiao)益(yi)指(zhi)(zhi)(zhi)(zhi)(zhi)(zhi)數(shu)(shu)(shu)(shu)(shu)(shu)(shu)全面(mian)(mian)上(shang)(shang)(shang)(shang)(shang)(shang)(shang)(shang)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)。但(dan)(dan)(dan)效(xiao)(xiao)(xiao)益(yi)指(zhi)(zhi)(zhi)(zhi)(zhi)(zhi)數(shu)(shu)(shu)(shu)(shu)(shu)(shu)仍為(wei)(wei)(wei)8個(ge)(ge)(ge)(ge)(ge)(ge)(ge)分(fen)(fen)(fen)項(xiang)指(zhi)(zhi)(zhi)(zhi)(zhi)(zhi)數(shu)(shu)(shu)(shu)(shu)(shu)(shu)中(zhong)(zhong)(zhong)的(de)(de)最(zui)低(di)(di)(di)值，處(chu)于(yu)(yu)(yu)歷史(shi)較(jiao)(jiao)低(di)(di)(di)位(wei)(wei)。八是(shi)(shi)(shi)行(xing)(xing)(xing)業(ye)(ye)(ye)(ye)(ye)(ye)(ye)景氣(qi)狀(zhuang)況改(gai)(gai)善(shan)(shan)幅(fu)度(du)(du)(du)(du)(du)(du)(du)(du)邊際放緩(huan)。工業(ye)(ye)(ye)(ye)(ye)(ye)(ye)、建筑業(ye)(ye)(ye)(ye)(ye)(ye)(ye)、交(jiao)通(tong)運(yun)輸郵政倉儲業(ye)(ye)(ye)(ye)(ye)(ye)(ye)、批發(fa)零售業(ye)(ye)(ye)(ye)(ye)(ye)(ye)、社會服務(wu)業(ye)(ye)(ye)(ye)(ye)(ye)(ye)、信(xin)息傳輸計算機軟件業(ye)(ye)(ye)(ye)(ye)(ye)(ye)和住宿餐飲(yin)業(ye)(ye)(ye)(ye)(ye)(ye)(ye)指(zhi)(zhi)(zhi)(zhi)(zhi)(zhi)數(shu)(shu)(shu)(shu)(shu)(shu)(shu)均連(lian)續(xu)(xu)(xu)(xu)(xu)(xu)(xu)三(san)(san)個(ge)(ge)(ge)(ge)(ge)(ge)(ge)季(ji)(ji)(ji)(ji)(ji)(ji)(ji)度(du)(du)(du)(du)(du)(du)(du)(du)上(shang)(shang)(shang)(shang)(shang)(shang)(shang)(shang)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)，但(dan)(dan)(dan)本季(ji)(ji)(ji)(ji)(ji)(ji)(ji)度(du)(du)(du)(du)(du)(du)(du)(du)上(shang)(shang)(shang)(shang)(shang)(shang)(shang)(shang)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)幅(fu)度(du)(du)(du)(du)(du)(du)(du)(du)較(jiao)(jiao)上(shang)(shang)(shang)(shang)(shang)(shang)(shang)(shang)兩個(ge)(ge)(ge)(ge)(ge)(ge)(ge)季(ji)(ji)(ji)(ji)(ji)(ji)(ji)度(du)(du)(du)(du)(du)(du)(du)(du)有(you)(you)所(suo)放緩(huan)。房地(di)(di)產(chan)(chan)業(ye)(ye)(ye)(ye)(ye)(ye)(ye)指(zhi)(zhi)(zhi)(zhi)(zhi)(zhi)數(shu)(shu)(shu)(shu)(shu)(shu)(shu)在(zai)連(lian)續(xu)(xu)(xu)(xu)(xu)(xu)(xu)兩個(ge)(ge)(ge)(ge)(ge)(ge)(ge)季(ji)(ji)(ji)(ji)(ji)(ji)(ji)度(du)(du)(du)(du)(du)(du)(du)(du)上(shang)(shang)(shang)(shang)(shang)(shang)(shang)(shang)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)后，本季(ji)(ji)(ji)(ji)(ji)(ji)(ji)度(du)(du)(du)(du)(du)(du)(du)(du)下降(jiang)(jiang)(jiang)。九是(shi)(shi)(shi)分(fen)(fen)(fen)地(di)(di)區(qu)看，東(dong)、中(zhong)(zhong)(zhong)、西(xi)部和東(dong)北(bei)地(di)(di)區(qu)指(zhi)(zhi)(zhi)(zhi)(zhi)(zhi)數(shu)(shu)(shu)(shu)(shu)(shu)(shu)分(fen)(fen)(fen)別為(wei)(wei)(wei)87.0、87.3、85.6和84.7，東(dong)北(bei)地(di)(di)區(qu)指(zhi)(zhi)(zhi)(zhi)(zhi)(zhi)數(shu)(shu)(shu)(shu)(shu)(shu)(shu)處(chu)于(yu)(yu)(yu)最(zui)低(di)(di)(di)位(wei)(wei)。從指(zhi)(zhi)(zhi)(zhi)(zhi)(zhi)數(shu)(shu)(shu)(shu)(shu)(shu)(shu)變動(dong)(dong)(dong)(dong)情況看，東(dong)部和西(xi)部地(di)(di)區(qu)指(zhi)(zhi)(zhi)(zhi)(zhi)(zhi)數(shu)(shu)(shu)(shu)(shu)(shu)(shu)上(shang)(shang)(shang)(shang)(shang)(shang)(shang)(shang)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)，西(xi)部地(di)(di)區(qu)上(shang)(shang)(shang)(shang)(shang)(shang)(shang)(shang)升(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)(sheng)幅(fu)度(du)(du)(du)(du)(du)(du)(du)(du)最(zui)大(da)(da)。中(zhong)(zhong)(zhong)部和東(dong)北(bei)地(di)(di)區(qu)指(zhi)(zhi)(zhi)(zhi)(zhi)(zhi)數(shu)(shu)(shu)(shu)(shu)(shu)(shu)下降(jiang)(jiang)(jiang)，東(dong)北(bei)地(di)(di)區(qu)下降(jiang)(jiang)(jiang)幅(fu)度(du)(du)(du)(du)(du)(du)(du)(du)最(zui)大(da)(da)。