宏观经济专题：按图索“地”-一张图读懂“土地流转”-2013-01-28.ppt

,2,”,2013,1,28, s1010510120003,80,1984,1,1988 s1010510120052, ,1 s1010511080001 s1010511080003 s1010511080002,18,5%,23%,23%,1908.2 95.4,1 2012 12 pmi 2013-1 2 2012 12 ,“ 3 2013, 2012-12,. 2012-12,4 2013,11, 2012-12,5 2012 ,12,4,2012-12,6 2012,11,pmi, 2012-12 7 . 2012-11,2,3,4,5,6,2,“,”,. 1,. 2 2 . 2 6 . 7 . 9,1,“,”,1,.3 4 5 .6 8,1,2008,9,.9,1978,18,80 1 1,1,3,2,1999,1999,1 4 5,2003,2000,6,25,3.6,1.3,450,2003,30 2005,2005,18,2008,3,2,2,2011,2006,2006,3,3 2011 2008 1998 1998 2008,1/3,1/3,1/3,4,4,2011,2009,5,5 2011 2005 2008,2005,2009,2010,2003,1,50%,2005,10,37,2008,2007,7,2008,10,13,2009 6,2010,80 1984,2010,12 1,17,1988 2007 2012 12 2011 2011,70%,80%,1 2 7,1,1,-,23% 18 1908.2,5,23%,5%,95.4 2011,418.6 6,ceic,2009,31315.76,2012,12.14%,2-3,2011 8.48%,11.34%,2009-2015,2009-2020,5%,8,1,2008,%,109.6 69.3 1308.2 1014.3 9523 1122.8 1639.3 3792.4 36.7 671.6 867.2 1119 1073.1 1416.4 1156.6 1228.1 1465.2 1789.8 1489.1 1786.6 282.3 692 4239.8 1524.6 3176 7760.6 1847.8 2387.9 4372.4 417.4 6308.5 65687.6,a,3305.8 33.8 36.8 179.4 86.9 149.2 139.9 106.5 149.2 25.4 193.4 104.9 166.2 64.7 95.4 251.1 218.7 140 139 179 95.4 29.8 59.3 160.3 55.7 81.6 6.7 81.7 97.7 32.7 21.2 124,b,391.4 13.1 6.4 14.3 7.5 8.6 20.4 10.7 16.2 24.3 29.9 20.3 13.8 8.2 8.5 31.9 17.6 16.2 12.2 39.4 10.1 3.5 6.9 13.8 4.7 7.3 0.8 7.4 5.4 1.1 3.0 7.8,c,2914.4 20.7 30.4 165.1 79.4 140.6 119.5 95.8 133.0 1.1 163.5 84.6 152.4 56.5 86.9 219.2 201.1 123.8 126.8 139.6 85.3 26.3 52.4 146.5 51.0 74.3 5.9 74.3 92.3 31.6 18.2 116.2,b-c,2 1983,1984,1984,9,1982 1988 1988 1 2,1998,3 1988,4,80%,2003,1998,3,30,20,2004 2005 2007 2008 2009,2009,2004,8,28,2010 2012 2012 10,-,“,”,analyst certification i ii the analysts primarily responsible for the preparation of all or part of the research report contained herein hereby certify that: (i) the views expressed in this research report accurately reflect the personal views of each such analyst about the subject securities and issuers; and (ii) no part of the analysts compensation was, is, or will be directly or indirectly, related to the specific recommendations or views expressed in this research report. “ ”,/,(,),(1),(2) / / 2013 1,300,20%,6,300,5%,20%,2,6 300,6 300,300 300 300 300 300,-10% 5% 10% 10% -10% 10% 10%,48,1568,8,1,100125,22,200122,518048,26,foreign broker-dealer disclosures for distributing to the u.s. this report has been produced in its entirety by citic securities limited company (“citic securities”, regulated by the china securities regulatory commission. securities business license number: z20374000). this report is being distributed in the united states by citic securities pursuant to rule 15a-6(a) (2) under the u.s. securities exchange act of 1934 exclus