{"id":212572,"date":"2026-11-14T06:54:43","date_gmt":"2026-11-14T09:54:43","guid":{"rendered":"https:\/\/keynews.sr\/?p=212572&#038;preview=true&#038;preview_id=212572"},"modified":"2026-11-14T04:59:46","modified_gmt":"2026-11-14T07:59:46","slug":"%e6%a0%87%e6%99%ae%e9%a2%84%e8%ae%a1%e7%bb%8f%e6%b5%8e%e5%bc%ba%e5%8a%b2%e5%a2%9e%e9%95%bf%ef%bc%8c%e4%bd%86%e8%8b%8f%e9%87%8c%e5%8d%97%e9%80%9a%e8%83%80%e5%b0%86%e6%8c%81%e7%bb%ad%e9%ab%98%e4%bd%8d","status":"publish","type":"post","link":"https:\/\/keynews.sr\/zh-hans\/%e6%a0%87%e6%99%ae%e9%a2%84%e8%ae%a1%e7%bb%8f%e6%b5%8e%e5%bc%ba%e5%8a%b2%e5%a2%9e%e9%95%bf%ef%bc%8c%e4%bd%86%e8%8b%8f%e9%87%8c%e5%8d%97%e9%80%9a%e8%83%80%e5%b0%86%e6%8c%81%e7%bb%ad%e9%ab%98%e4%bd%8d\/","title":{"rendered":"\u6807\u666e\u9884\u8ba1\u7ecf\u6d4e\u5f3a\u52b2\u589e\u957f\uff0c\u4f46\u82cf\u91cc\u5357\u901a\u80c0\u5c06\u6301\u7eed\u9ad8\u4f4d\u81f32029\u5e74"},"content":{"rendered":"<div class=\"intro-text\">\n<p>\u5c3d\u7ba1\u9884\u6d4b\u82cf\u91cc\u5357\u5c06\u5b9e\u73b0\u5f02\u5e38\u5f3a\u52b2\u7684\u7ecf\u6d4e\u589e\u957f\uff0c\u4f46\u672a\u6765\u51e0\u5e74\u901a\u8d27\u81a8\u80c0\u7387\u4ecd\u5c06\u76f8\u5bf9\u8f83\u9ad8\u3002\u6839\u636e\u56fd\u9645\u4fe1\u7528\u8bc4\u7ea7\u673a\u6784<a href=\"https:\/\/www.spglobal.com\/ratings\/en\" target=\"_blank\" rel=\"noopener\">S&amp;P Global Ratings<\/a>\uff0c2026\u5e74\u7684\u9884\u671f\u901a\u80c0\u7387\u7ea6\u4e3a10%\u3002<\/p>\n<\/div>\n<p><span class=\"dropcap \" style=\"background-color: #ffffff; color: #000000; border-color: #ffffff;\">\u5c3d<\/span>\u7ba1\u6b64\u540e\u4ef7\u683c\u4e0a\u6da8\u5c06\u9010\u6b65\u653e\u7f13\uff0c\u8be5\u673a\u6784\u9884\u8ba1\u52302029\u5e74\u901a\u80c0\u7387\u4ecd\u5c06\u8fbe\u52307%\u3002\u8fd9\u4f7f\u5f97\u9884\u671f\u7684\u7ecf\u6d4e\u5feb\u901f\u589e\u957f\u4e0e\u603b\u4f53\u7269\u4ef7\u6c34\u5e73\u7684\u53d8\u5316\u4e4b\u95f4\u5f62\u6210\u663e\u8457\u5dee\u5f02\u3002<\/p>\n<p>\u8fd9\u4e9b\u9884\u6d4b\u8f7d\u4e8e\u6807\u666e2026\u5e7411\u67089\u65e5\u53d1\u5e03\u7684\u62a5\u544a\u4e2d\u3002\u62a5\u544a\u5c06\u82cf\u91cc\u5357\u7684\u4fe1\u7528\u8bc4\u7ea7\u4eceCCC+\u4e0a\u8c03\u81f3B-\uff0c\u5c55\u671b\u7a33\u5b9a\u3002<\/p>\n<p>\u8be5\u4fe1\u7528\u8bc4\u7ea7\u673a\u6784\u9884\u8ba1\uff0c\u81ea2028\u5e74\u8d77\uff0c\u6d77\u4e0a\u77f3\u6cb9\u4ea7\u4e1a\u7684\u53d1\u5c55\u5c06\u63a8\u52a8\u7ecf\u6d4e\u589e\u957f\u5927\u5e45\u52a0\u901f\u3002<\/p>\n<p>\u9884\u8ba12028\u5e74\u7ecf\u6d4e\u589e\u957f\u7387\u4e3a28.2%\uff0c2029\u5e74\u4e3a43.4%\u3002<\/p>\n<p>\u4e0e\u6b64\u540c\u65f6\uff0c\u6807\u666e\u9884\u8ba1\u8fd9\u4e00\u65f6\u671f\u7684\u901a\u80c0\u7387\u5c06\u4e0b\u964d\uff0c\u4f46\u4e0d\u4f1a\u5b8c\u5168\u6d88\u5931\u3002<\/p>\n<h2>\u901a\u80c0\u9010\u6b65\u4e0b\u964d<\/h2>\n<p>\u6839\u636e\u6807\u666e\u7684\u7ecf\u6d4e\u9884\u6d4b\uff0c2025\u5e74\u7684\u901a\u80c0\u7387\u7ea6\u4e3a9.2%\u3002<\/p>\n<p>\u9884\u8ba12026\u5e74\u5c06\u5347\u81f310%\u3002\u6b64\u540e\uff0c\u8be5\u4fe1\u7528\u8bc4\u7ea7\u673a\u6784\u9884\u6d4b\u901a\u80c0\u5c06\u9010\u6b65\u964d\u81f32027\u5e74\u76848%\u30012028\u5e74\u76847.5%\u548c2029\u5e74\u76847%\u3002<\/p>\n<p>\u8fd9\u4e00\u53d1\u5c55\u610f\u5473\u7740\uff0c\u9884\u8ba1\u672a\u6765\u51e0\u5e74\u7269\u4ef7\u4ecd\u5c06\u6301\u7eed\u4e0a\u6da8\uff0c\u5c3d\u7ba1\u4e0a\u6da8\u901f\u5ea6\u4f1a\u8f83\u4f4e\u3002<\/p>\n<p>\u901a\u80c0\u4e0b\u964d\u5e76\u4e0d\u610f\u5473\u7740\u5546\u54c1\u548c\u670d\u52a1\u4f1a\u81ea\u52a8\u53d8\u5f97\u66f4\u4fbf\u5b9c\u3002\u8fd9\u610f\u5473\u7740\u603b\u4f53\u7269\u4ef7\u6c34\u5e73\u7684\u4e0a\u6da8\u901f\u5ea6\u4f4e\u4e8e\u6b64\u524d\u3002<\/p>\n<p>\u56e0\u6b64\uff0c\u5bf9\u4e8e\u5bb6\u5ead\u8d2d\u4e70\u529b\u800c\u8a00\uff0c\u91cd\u8981\u7684\u4e0d\u4ec5\u662f\u901a\u80c0\u8d70\u52bf\uff0c\u8fd8\u6709\u5de5\u8d44\u53ca\u5176\u4ed6\u6536\u5165\u589e\u957f\u7684\u5e45\u5ea6\u3002<\/p>\n<p>\u6807\u666e\u62a5\u544a\u672a\u5355\u72ec\u9884\u6d4b\u5b9e\u9645\u5de5\u8d44\u8d70\u52bf\u6216\u82cf\u91cc\u5357\u5bb6\u5ead\u7684\u8d2d\u4e70\u529b\u3002<\/p>\n<h2>\u77f3\u6cb9\u751f\u4ea7\u5e26\u6765\u5f02\u5e38\u589e\u957f\u9884\u671f<\/h2>\n<p>\u6839\u636e\u6807\u666e\uff0c\u5f3a\u52b2\u7684\u7ecf\u6d4e\u589e\u957f\u6570\u636e\u4e3b\u8981\u4e0e<a href=\"https:\/\/keynews.sr\/zh-hans\/%e6%a0%87%e6%99%ae%e4%b8%8a%e8%b0%83%e8%8b%8f%e9%87%8c%e5%8d%97%e4%bf%a1%e7%94%a8%e8%af%84%e7%ba%a7%ef%bc%8c%e4%bd%86%e8%ad%a6%e5%91%8a%e6%9c%ba%e6%9e%84%e8%96%84%e5%bc%b1\/\" target=\"_blank\" rel=\"noopener\">\u6d77\u4e0a\u77f3\u6cb9\u9879\u76ee<\/a>GranMorgu\u7684\u53d1\u5c55\u6709\u5173\u3002<\/p>\n<p>\u9884\u8ba1\u4e8e2028\u5e74\u5e74\u4e2d\u5f00\u59cb\u7684\u77f3\u6cb9\u751f\u4ea7\uff0c\u5c06\u5e26\u6765\u7ecf\u6d4e\u6d3b\u52a8\u548c\u51fa\u53e3\u7684\u663e\u8457\u6269\u5927\u3002<\/p>\n<p>\u6807\u666e\u9884\u8ba1\uff0c\u56e0\u6b64\u4eba\u5747\u56fd\u5185\u751f\u4ea7\u603b\u503c\u53ef\u4ece2025\u5e74\u7ea67,271\u7f8e\u5143\u5347\u81f32029\u5e74\u768420,300\u7f8e\u5143\u3002<\/p>\n<p>\u8fd9\u4e00\u589e\u957f\u53cd\u6620\u4e86\u9884\u671f\u4eba\u5747\u7ecf\u6d4e\u4ea7\u51fa\u7684\u589e\u52a0\u3002\u7136\u800c\uff0c\u8be5\u91d1\u989d\u4e0d\u5e94\u7b49\u540c\u4e8e\u516c\u6c11\u7684\u5e73\u5747\u5de5\u8d44\u6216\u53ef\u652f\u914d\u6536\u5165\u3002<\/p>\n<p>\u8be5\u4fe1\u7528\u8bc4\u7ea7\u673a\u6784\u5728\u62a5\u544a\u4e2d\u672a\u5c31\u672a\u6765\u77f3\u6cb9\u4ea7\u4e1a\u6536\u5165\u5c06\u5982\u4f55\u5728\u4e0d\u540c\u4eba\u53e3\u7fa4\u4f53\u4e4b\u95f4\u5206\u914d\u4f5c\u51fa\u8bf4\u660e\u3002<\/p>\n<h2>\u4e2d\u592e\u94f6\u884c\u987b\u7ee7\u7eed\u7ef4\u62a4\u7a33\u5b9a<\/h2>\n<p>\u6807\u666e\u5728\u5176\u8bc4\u4f30\u4e2d\u4e5f\u6307\u51fa\uff0c\u53ef\u4fe1\u7684\u8d27\u5e01\u653f\u7b56\u5341\u5206\u91cd\u8981\u3002<\/p>\n<p>\u6839\u636e\u8be5\u4fe1\u7528\u8bc4\u7ea7\u673a\u6784\u7684\u8bf4\u6cd5\uff0c\u4e0a\u4e00\u5c4a\u653f\u5e9c\u671f\u95f4\u5bf9\u82cf\u91cc\u5357\u4e2d\u592e\u94f6\u884c\u5b9e\u65bd\u7684\u6539\u9769\uff0c\u6709\u52a9\u4e8e\u5b9e\u73b0\u5b8f\u89c2\u7ecf\u6d4e\u7a33\u5b9a\u3002<\/p>\n<p>\u6807\u666e\u9884\u8ba1\uff0c\u4e2d\u592e\u94f6\u884c\u5c06\u7ee7\u7eed\u81f4\u529b\u4e8e\u5b9e\u884c\u6d6e\u52a8\u6c47\u7387\u3002\u540c\u65f6\uff0c\u8be5\u673a\u6784\u8868\u793a\uff0c\u76ee\u524d\u8d27\u5e01\u653f\u7b56\u6846\u67b6\u7684\u5b9e\u8df5\u7ecf\u9a8c\u4ecd\u7136\u6709\u9650\u3002<\/p>\n<p>\u8be5\u4fe1\u7528\u8bc4\u7ea7\u673a\u6784\u5f3a\u8c03\uff0c\u8fdb\u4e00\u6b65\u589e\u5f3a\u8d27\u5e01\u653f\u7b56\u7684\u53ef\u4fe1\u5ea6\u3001\u64cd\u4f5c\u72ec\u7acb\u6027\u548c\u6709\u6548\u6027\u5c06\u9700\u8981\u65f6\u95f4\u3002<\/p>\n<h2>\u7ecf\u6d4e\u589e\u957f\u5e76\u4e0d\u4fdd\u8bc1\u8d2d\u4e70\u529b\u6539\u5584<\/h2>\n<p>\u6807\u666e\u7684\u9884\u6d4b\u663e\u793a\uff0c\u82cf\u91cc\u5357\u672a\u6765\u51e0\u5e74\u53ef\u80fd\u7ecf\u5386\u4e00\u6bb5\u5f02\u5e38\u7684\u7ecf\u6d4e\u6269\u5f20\u65f6\u671f\u3002<\/p>\n<p>\u7136\u800c\uff0c\u9884\u6d4b\u7684\u901a\u80c0\u6570\u636e\u8868\u660e\uff0c\u7269\u4ef7\u4e0a\u6da8\u4ecd\u5c06\u662f\u516c\u6c11\u548c\u4f01\u4e1a\u5fc5\u987b\u8003\u8651\u7684\u56e0\u7d20\u3002<\/p>\n<p>\u7ecf\u6d4e\u589e\u957f\u662f\u5426\u786e\u5b9e\u4f1a\u5e26\u6765\u8d2d\u4e70\u529b\u6539\u5584\uff0c\u8fd8\u53d6\u51b3\u4e8e\u5de5\u8d44\u3001\u5176\u4ed6\u6536\u5165\u548c\u6d88\u8d39\u4ef7\u683c\u7684\u53d1\u5c55\u3002<\/p>\n<p>\u6807\u666e\u5728\u62a5\u544a\u4e2d\u4ec5\u9650\u4e8e\u9884\u671f\u7684\u5b8f\u89c2\u7ecf\u6d4e\u53d1\u5c55\uff0c\u672a\u5bf9\u82cf\u91cc\u5357\u5bb6\u5ead\u8d2d\u4e70\u529b\u6539\u5584\u4f5c\u51fa\u5177\u4f53\u4f30\u7b97\u3002<\/p>\n<p><em>\u6765\u6e90\uff1aS&amp;P Global Ratings\uff0c2026\u5e7411\u67089\u65e5\uff0c\u7b2c2\u81f35\u9875\u3002<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u6807\u666e\u9884\u6d4b\uff0c\u5f97\u76ca\u4e8e\u77f3\u6cb9\u751f\u4ea7\uff0c\u82cf\u91cc\u5357\u5c06\u4ece2028\u5e74\u8d77\u5b9e\u73b0\u5f02\u5e38\u5f3a\u52b2\u7684\u7ecf\u6d4e\u589e\u957f\uff0c\u800c\u901a\u80c0\u5c06\u6301\u7eed\u9ad8\u4f4d\u81f32029\u5e74\uff0c\u8d2d\u4e70\u529b\u4ecd\u4e0d\u786e\u5b9a\u3002<\/p>\n","protected":false},"author":7,"featured_media":202530,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"no","rop_publish_now_accounts":{"facebook_29234516172805655_1445375691985227":"","facebook_29234516172805655_1158244960706604":"","facebook_29234516172805655_108923581283702":"","facebook_29234516172805655_1309923202201307":"","facebook_29234516172805655_1093738170500407":""},"rop_publish_now_history":[{"account":"facebook_29234516172805655_1158244960706604","service":"facebook","timestamp":1794650437,"status":"success"}],"rop_publish_now_status":"done","jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_override_counter":[],"footnotes":"","jetpack_post_was_ever_published":false},"categories":[18633],"tags":[27585,27584,27586,26997],"class_list":["post-212572","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-18633","tag-27585","tag-27584","tag-27586","tag-sp-global-ratings"],"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"","pp_force_visibility":null,"pp_subpost_visibility":null,"pp_inherited_force_visibility":null,"pp_inherited_subpost_visibility":null,"jetpack_featured_media_url":"https:\/\/media.keynews.sr\/2026\/11\/ChatGPT-Image-Nov-10-2026-11_51_10-PM.jpg","_links":{"self":[{"href":"https:\/\/keynews.sr\/zh-hans\/wp-json\/wp\/v2\/posts\/212572","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/keynews.sr\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/keynews.sr\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/keynews.sr\/zh-hans\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/keynews.sr\/zh-hans\/wp-json\/wp\/v2\/comments?post=212572"}],"version-history":[{"count":1,"href":"https:\/\/keynews.sr\/zh-hans\/wp-json\/wp\/v2\/posts\/212572\/revisions"}],"predecessor-version":[{"id":212598,"href":"https:\/\/keynews.sr\/zh-hans\/wp-json\/wp\/v2\/posts\/212572\/revisions\/212598"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/keynews.sr\/zh-hans\/wp-json\/wp\/v2\/media\/202530"}],"wp:attachment":[{"href":"https:\/\/keynews.sr\/zh-hans\/wp-json\/wp\/v2\/media?parent=212572"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/keynews.sr\/zh-hans\/wp-json\/wp\/v2\/categories?post=212572"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/keynews.sr\/zh-hans\/wp-json\/wp\/v2\/tags?post=212572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}