三大投资研究系列（一）：凛冬将至制造业转冷，道阻且长复苏路懵懵.docx

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1、1.—......................................................41.1.........................................................................................................41.2.“”..............................................................................................62.—............

2、..........................................72.1....................................................................................................72.2..................................................................................................................83.—...............

3、.....................................143.1.2018..................................................................143.2.................................................................................164.2019......................................................191GDP%...............

4、................................................................42%.................................................................................53%....................................................................................54%.............................................

5、..................................................65%.............................................................................86%..........................................................................97%.........................................................................

6、.........................98%..................................................................................................99%................................................................................................1010%.....................................................

7、............................1011%.....................................................................................11122018%............................................................1113%..........................................................................1214%............

8、...................