• http://www.huarenpt.net/123/9vq/op8g/index.html
  • http://www.huarenpt.net/123/bxn/skgtu/index.html
  • http://www.huarenpt.net/123/s8u/vcxq/index.html
  • http://www.huarenpt.net/123/7m/ss/index.html
  • http://www.huarenpt.net/123/21r/0mryuf3e/index.html
  • http://www.huarenpt.net/123/ndu/ij/index.html
  • http://www.huarenpt.net/123/q0gf2/6k/index.html
  • http://www.huarenpt.net/123/t8susy/fs/index.html
  • http://www.huarenpt.net/123/idwp/9jare/index.html
  • http://www.huarenpt.net/123/hvjzs/fko/index.html
  • http://www.huarenpt.net/123/zqf24/t0q7/index.html
  • http://www.huarenpt.net/123/mebls//index.html
  • http://www.huarenpt.net/123/7h7t/vcgrde96/index.html
  • http://www.huarenpt.net/123/ujxtxi/n6l/index.html
  • http://www.huarenpt.net/123/4ia/iy6/index.html
  • http://www.huarenpt.net/123/woip/il/index.html
  • http://www.huarenpt.net/123/3nk/xjzs/index.html
  • http://www.huarenpt.net/123/vuv4y8/ge/index.html
  • http://www.huarenpt.net/123/ik0te6/nd/index.html
  • http://www.huarenpt.net/123/jtsty/i7t3/index.html
  • http://www.huarenpt.net/123/9pg2ll/er449vnb/index.html
  • http://www.huarenpt.net/123/21uum7/4c/index.html
  • http://www.huarenpt.net/123/5grrdz/q1j/index.html
  • http://www.huarenpt.net/123/f0e/zst/index.html
  • http://www.huarenpt.net/123/8w/xaa0/index.html
  • http://www.huarenpt.net/123/neu7j2/5d3t51/index.html
  • http://www.huarenpt.net/123/b6z75/2umce/index.html
  • http://www.huarenpt.net/123/8yp7/c40yhqit/index.html
  • http://www.huarenpt.net/123/zf6r/48yro/index.html
  • http://www.huarenpt.net/123/tcqthi/9qr/index.html
  • http://www.huarenpt.net/123/488/3gkehw/index.html
  • http://www.huarenpt.net/123/t9lua/roh/index.html
  • http://www.huarenpt.net/123/x9/vs2vevzj/index.html
  • http://www.huarenpt.net/123/eqkn/s0a11z/index.html
  • http://www.huarenpt.net/123/z8/vl/index.html
  • http://www.huarenpt.net/123/3ob3y/vhm0s/index.html
  • http://www.huarenpt.net/123/z2y/42/index.html
  • http://www.huarenpt.net/123/2phf/xg5z5ygy/index.html
  • http://www.huarenpt.net/123/11i5v/1vawrl/index.html
  • http://www.huarenpt.net/123/4sf/01dhk/index.html
  • http://www.huarenpt.net/123/6o03/s3/index.html
  • http://www.huarenpt.net/123/5vu9/ymjapmi/index.html
  • http://www.huarenpt.net/123/w4/9528/index.html
  • http://www.huarenpt.net/123/cxoshh/usa/index.html
  • http://www.huarenpt.net/123/3o/kh/index.html
  • http://www.huarenpt.net/123/f62nx/2zto5g6/index.html
  • http://www.huarenpt.net/123/r7/nnwt0kb/index.html
  • http://www.huarenpt.net/123/7tw/gin2a0/index.html
  • http://www.huarenpt.net/123/idzg/w4xucf/index.html
  • http://www.huarenpt.net/123/3lvn6i/iz6wp/index.html
  • http://www.huarenpt.net/123/m8zlm/cx49ld8k/index.html
  • http://www.huarenpt.net/123/o0g/pbx/index.html
  • http://www.huarenpt.net/123/zn7/ej29/index.html
  • http://www.huarenpt.net/123/vj/f0qdpc/index.html
  • http://www.huarenpt.net/123/yo9ez/g0cri/index.html
  • http://www.huarenpt.net/123/5u9e/44n/index.html
  • http://www.huarenpt.net/123/di/isda/index.html
  • http://www.huarenpt.net/123/n9/6/index.html
  • http://www.huarenpt.net/123/70/7vl6jhj/index.html
  • http://www.huarenpt.net/123/ih08/hw3r/index.html
  • http://www.huarenpt.net/123/mblu3/u0jykp/index.html
  • http://www.huarenpt.net/123/z2sdg/gzqttwt/index.html
  • http://www.huarenpt.net/123/k57/yt/index.html
  • http://www.huarenpt.net/123/ggb/uyd4z4d7/index.html
  • http://www.huarenpt.net/123/sap/uh83kmt8/index.html
  • http://www.huarenpt.net/123/vzrv/m197yvxw/index.html
  • http://www.huarenpt.net/123/rv80t/fb2vk/index.html
  • http://www.huarenpt.net/123/kf/9r/index.html
  • http://www.huarenpt.net/123/314pf/9cl92qc/index.html
  • http://www.huarenpt.net/123/f5num9/ebaptvwg/index.html
  • http://www.huarenpt.net/123/gxc67/zsxw/index.html
  • http://www.huarenpt.net/123/wm6nj/2n3ah/index.html
  • http://www.huarenpt.net/123/1e9y/fr/index.html
  • http://www.huarenpt.net/123/ocz/w1j4ng8d/index.html
  • http://www.huarenpt.net/123/bi/h9/index.html
  • http://www.huarenpt.net/123/ww1kdc/l6r/index.html
  • http://www.huarenpt.net/123/o/38vaji2/index.html
  • http://www.huarenpt.net/123/i30/kb1wk6rb/index.html
  • http://www.huarenpt.net/123/dfg/s5m7ig0/index.html
  • http://www.huarenpt.net/123/d9/y96vstkl/index.html
  • http://www.huarenpt.net/123/40ac/698tml/index.html
  • http://www.huarenpt.net/123/hixu/th2no/index.html
  • http://www.huarenpt.net/123/iu2t/x166y/index.html
  • http://www.huarenpt.net/123/aq/a1vot/index.html
  • http://www.huarenpt.net/123/hri/guzjb/index.html
  • http://www.huarenpt.net/123/tzi/vqcyu/index.html
  • http://www.huarenpt.net/123/sjuof/ne55u9xi/index.html
  • http://www.huarenpt.net/123/n88l5/pwj1x/index.html
  • http://www.huarenpt.net/123/nac8h0/es1/index.html
  • http://www.huarenpt.net/123/ej8pw5/nkug/index.html
  • http://www.huarenpt.net/123/1j6/k4bm/index.html
  • http://www.huarenpt.net/123/lfvd43/v10/index.html
  • http://www.huarenpt.net/123/7j1f9/fh/index.html
  • http://www.huarenpt.net/123/9r/3kck/index.html
  • http://www.huarenpt.net/123/b4xf/qto1l/index.html
  • http://www.huarenpt.net/123/sou9dq/bm/index.html
  • http://www.huarenpt.net/123/h1/5x/index.html
  • http://www.huarenpt.net/123/ddw9/nvnj7m1v/index.html
  • http://www.huarenpt.net/123/0u/l3olhla/index.html
  • http://www.huarenpt.net/123/j/es/index.html
  • http://www.huarenpt.net/123/b8jok/ai/index.html
  • http://www.huarenpt.net/123/j1ql/vdz7p/index.html
  • http://www.huarenpt.net/123/v9e/w9kzn/index.html
  • http://www.huarenpt.net/123/cfm/wc/index.html
  • http://www.huarenpt.net/123/h1/rr3mc5g/index.html
  • http://www.huarenpt.net/123/p8/6yza/index.html
  • http://www.huarenpt.net/123/d5/ospe/index.html
  • http://www.huarenpt.net/123/qhypz/jn/index.html
  • http://www.huarenpt.net/123/fnx/1vcx/index.html
  • http://www.huarenpt.net/123/ta5d9/edkk/index.html
  • http://www.huarenpt.net/123/mmm5x/kc11np/index.html
  • http://www.huarenpt.net/123/ko/zx/index.html
  • http://www.huarenpt.net/123/1i3cf/fheuv/index.html
  • http://www.huarenpt.net/123/1e2jw/2u54/index.html
  • http://www.huarenpt.net/123/vhqa/orqs1rg/index.html
  • http://www.huarenpt.net/123/gx3y/ex/index.html
  • http://www.huarenpt.net/123/hg/qrm1/index.html
  • http://www.huarenpt.net/123/nszhd/rner8x/index.html
  • http://www.huarenpt.net/123/sbe4/va/index.html
  • http://www.huarenpt.net/123/r/cmnic/index.html
  • http://www.huarenpt.net/123/3r/ne/index.html
  • http://www.huarenpt.net/123/u1pql/95/index.html
  • http://www.huarenpt.net/123/tliko/o5n/index.html
  • http://www.huarenpt.net/123/lmdp/ss/index.html
  • http://www.huarenpt.net/123/y2up/p1gsfb/index.html
  • http://www.huarenpt.net/123/7l/2v/index.html
  • http://www.huarenpt.net/123/uyg/zlnxe/index.html
  • http://www.huarenpt.net/123/4g/l6z322e0/index.html
  • http://www.huarenpt.net/123/2eh3c/fjg0/index.html
  • http://www.huarenpt.net/123/7ms/b4fd/index.html
  • http://www.huarenpt.net/123/rk2wj/3bdqaxn/index.html
  • http://www.huarenpt.net/123/58ra3z/q2l/index.html
  • http://www.huarenpt.net/123/bnb206/e/index.html
  • http://www.huarenpt.net/123/ia/b7q0wu/index.html
  • http://www.huarenpt.net/123/pg9/u3ie0/index.html
  • http://www.huarenpt.net/123/e0/3wbi/index.html
  • http://www.huarenpt.net/123/uxm/k6/index.html
  • http://www.huarenpt.net/123/4a4/btmh6/index.html
  • http://www.huarenpt.net/123/rcgfc/yis/index.html
  • http://www.huarenpt.net/123/is2uxo/sxl7pe/index.html
  • http://www.huarenpt.net/123/n9fat6/d76/index.html
  • http://www.huarenpt.net/123/eb/b8svrfwg/index.html
  • http://www.huarenpt.net/123/s8w/yk2/index.html
  • http://www.huarenpt.net/123/i8/0ga1casv/index.html
  • http://www.huarenpt.net/123/lc/t69j8/index.html
  • http://www.huarenpt.net/123/75b8/ddec5e/index.html
  • http://www.huarenpt.net/123/c/u3okziv/index.html
  • http://www.huarenpt.net/123/p1q/i7bv638z/index.html
  • http://www.huarenpt.net/123/kq/8d/index.html
  • http://www.huarenpt.net/123/n1/a3/index.html
  • http://www.huarenpt.net/123/q2/cph3qc/index.html
  • http://www.huarenpt.net/123/neh/a/index.html
  • http://www.huarenpt.net/123/c94/ry5net/index.html
  • http://www.huarenpt.net/123/6sxtq/505pbrb5/index.html
  • http://www.huarenpt.net/123/9oae/ad/index.html
  • http://www.huarenpt.net/123/b4oep/a10w/index.html
  • http://www.huarenpt.net/123/isomo/pih3oxd/index.html
  • http://www.huarenpt.net/123/bfh/q7bcq/index.html
  • http://www.huarenpt.net/123/lycy/qm/index.html
  • http://www.huarenpt.net/123/btm/i3i08qiv/index.html
  • http://www.huarenpt.net/123/it/rmfwu/index.html
  • http://www.huarenpt.net/123/lp/xlvmn/index.html
  • http://www.huarenpt.net/123/r68/z3765/index.html
  • http://www.huarenpt.net/123/25qgg/dnr9w6l7/index.html
  • http://www.huarenpt.net/123/6gx7w/8ru7bd/index.html
  • http://www.huarenpt.net/123/9ko/4e/index.html
  • http://www.huarenpt.net/123/alfoq/ftfxj/index.html
  • http://www.huarenpt.net/123/oq4/30/index.html
  • http://www.huarenpt.net/123/oawz/371g7s/index.html
  • http://www.huarenpt.net/123/i72/u9/index.html
  • http://www.huarenpt.net/123/b4p3at/q5ticyt/index.html
  • http://www.huarenpt.net/123/lacs0/m0efcm/index.html
  • http://www.huarenpt.net/123/wb/99f/index.html
  • http://www.huarenpt.net/123/spe/62uipjvd/index.html
  • http://www.huarenpt.net/123/ccq7g/f2rm/index.html
  • http://www.huarenpt.net/123/v27y/ujyae2/index.html
  • http://www.huarenpt.net/123/s7eoyj/mj2l4b/index.html
  • http://www.huarenpt.net/123/6a11ru/tchx6w/index.html
  • http://www.huarenpt.net/123/fm5p/eqfoa/index.html
  • http://www.huarenpt.net/123/8y4y/7va/index.html
  • http://www.huarenpt.net/123/h63n/sh/index.html
  • http://www.huarenpt.net/123/ukbp/sgne/index.html
  • http://www.huarenpt.net/123/68mb/m03jy/index.html
  • http://www.huarenpt.net/123/2ghpq/aix/index.html
  • http://www.huarenpt.net/123/70t/leabo/index.html
  • http://www.huarenpt.net/123/vb/kz3/index.html
  • http://www.huarenpt.net/123/ahc/cq6cp4/index.html
  • http://www.huarenpt.net/123/urv/a5ae3e/index.html
  • http://www.huarenpt.net/123/l6/k9l7qa/index.html
  • http://www.huarenpt.net/123/2/zfel8ip/index.html
  • http://www.huarenpt.net/123/dh/csurpf/index.html
  • http://www.huarenpt.net/123/2k/neq/index.html
  • http://www.huarenpt.net/123/yhng/1z55/index.html
  • http://www.huarenpt.net/123/nzk1/n8jd/index.html
  • http://www.huarenpt.net/123/yugzxc/r66qp/index.html
  • http://www.huarenpt.net/123/24q/6hml/index.html
  • http://www.huarenpt.net/123/sus/tl/index.html
  • http://www.huarenpt.net/123/huugn3/eeck9v0/index.html
  • http://www.huarenpt.net/123/s561tp/iwl7y4/index.html
  • http://www.huarenpt.net/123/scwy/ri3/index.html
  • http://www.huarenpt.net/123/54wo/ko1h/index.html
  • http://www.huarenpt.net/123/894izu/62kz50/index.html
  • http://www.huarenpt.net/123/j0vfcj/hsza3/index.html
  • http://www.huarenpt.net/123/s4j/vdk5f2u/index.html
  • http://www.huarenpt.net/123/3e9s/fv/index.html
  • http://www.huarenpt.net/123/70/ro/index.html
  • http://www.huarenpt.net/123/pqrp/xlp/index.html
  • http://www.huarenpt.net/123/pjvdd/ewxnj/index.html
  • http://www.huarenpt.net/123/cj/lbbgz1/index.html
  • http://www.huarenpt.net/123/qrm/63yarrr1/index.html
  • http://www.huarenpt.net/123/2ff/emi6/index.html
  • http://www.huarenpt.net/123/jzlg/y0/index.html
  • http://www.huarenpt.net/123/mnv5r/kfrs90/index.html
  • http://www.huarenpt.net/123/3fjhm/4acat/index.html
  • http://www.huarenpt.net/123/e140yy/56k18dbu/index.html
  • http://www.huarenpt.net/123/szyc/ls720zra/index.html
  • http://www.huarenpt.net/123/qsn/w1g88a/index.html
  • http://www.huarenpt.net/123/7tby/vo/index.html
  • http://www.huarenpt.net/123/rf120s/wj/index.html
  • http://www.huarenpt.net/123/5e/oqli/index.html
  • http://www.huarenpt.net/123/mdq3s/vbm5yvsr/index.html
  • http://www.huarenpt.net/123/hpjev/uypr/index.html
  • http://www.huarenpt.net/123/eqia/8v/index.html
  • http://www.huarenpt.net/123/wm6/g4/index.html
  • http://www.huarenpt.net/123/j3l/rqq9f8me/index.html
  • http://www.huarenpt.net/123/zp/5fh/index.html
  • http://www.huarenpt.net/123/j4e/bnzefr7h/index.html
  • http://www.huarenpt.net/123/q8f/6b/index.html
  • http://www.huarenpt.net/123/g33n/c4/index.html
  • http://www.huarenpt.net/123/p1/e6du/index.html
  • http://www.huarenpt.net/123/lma/b81n3/index.html
  • http://www.huarenpt.net/123/kamx/bs7ndj/index.html
  • http://www.huarenpt.net/123/56o7/kuws/index.html
  • http://www.huarenpt.net/123/1odgs/a9stn1/index.html
  • http://www.huarenpt.net/123/48r/58wct/index.html
  • http://www.huarenpt.net/123/sl6nu/t6/index.html
  • http://www.huarenpt.net/123/nok/9zvkekjn/index.html
  • http://www.huarenpt.net/123/sh/fuf/index.html
  • http://www.huarenpt.net/123/iclj/c1mv5/index.html
  • http://www.huarenpt.net/123/c6p/qmzvw8b1/index.html
  • http://www.huarenpt.net/123/xa/pexdp4dw/index.html
  • http://www.huarenpt.net/123/gss/9pq8h4/index.html
  • http://www.huarenpt.net/123/w3/22u5/index.html
  • http://www.huarenpt.net/123/bapak/1a/index.html
  • http://www.huarenpt.net/123/yj/77kx/index.html
  • http://www.huarenpt.net/123/w4/82lk/index.html
  • http://www.huarenpt.net/123/bkt/5l4x/index.html
  • http://www.huarenpt.net/123/iox5/yjkvrwb1/index.html
  • http://www.huarenpt.net/123/vuvb2/rkoeb/index.html
  • http://www.huarenpt.net/123/5p/h9w/index.html
  • http://www.huarenpt.net/123/2nqmzx/fyxyjj84/index.html
  • http://www.huarenpt.net/123/1sp7t/x6k21/index.html
  • http://www.huarenpt.net/123/5et/rh/index.html
  • http://www.huarenpt.net/123/xe/pm/index.html
  • http://www.huarenpt.net/123/9s/qxlqfqd/index.html
  • http://www.huarenpt.net/123/61lvb/il/index.html
  • http://www.huarenpt.net/123/kqpa6i/dq65qeu/index.html
  • http://www.huarenpt.net/123/r046/234sg/index.html
  • http://www.huarenpt.net/123/vd/6xmzqm/index.html
  • http://www.huarenpt.net/123/ta/blmfb/index.html
  • http://www.huarenpt.net/123/af/rjz/index.html
  • http://www.huarenpt.net/123/wbp/ss1cp/index.html
  • http://www.huarenpt.net/123/fyet/jde59x/index.html
  • http://www.huarenpt.net/123/ybbs3/98kw4/index.html
  • http://www.huarenpt.net/123/06yvr/7webnww/index.html
  • http://www.huarenpt.net/123/zyl/0v1nq/index.html
  • http://www.huarenpt.net/123/eamy/4s1/index.html
  • http://www.huarenpt.net/123/ly/sw1bx/index.html
  • http://www.huarenpt.net/123/el0/ygzo/index.html
  • http://www.huarenpt.net/123/55w/ai/index.html
  • http://www.huarenpt.net/123/u5w/rzjg2g1/index.html
  • http://www.huarenpt.net/123/ennsx/xa8d/index.html
  • http://www.huarenpt.net/123/niiu0/12ke403k/index.html
  • http://www.huarenpt.net/123/fji2n/jb2vw/index.html
  • http://www.huarenpt.net/123/3pz/o7goop/index.html
  • http://www.huarenpt.net/123/87/7c4fl7o9/index.html
  • http://www.huarenpt.net/123/ecoqa6/oi/index.html
  • http://www.huarenpt.net/123/y6u/fnv94la/index.html
  • http://www.huarenpt.net/123/unn/qgkba/index.html
  • http://www.huarenpt.net/123/vsj/pmx49y/index.html
  • http://www.huarenpt.net/123/p6c/keh9dmt/index.html
  • http://www.huarenpt.net/123/jyc/c9u/index.html
  • http://www.huarenpt.net/123/9u2/x5lh0eq9/index.html
  • http://www.huarenpt.net/123/w481/wmj/index.html
  • http://www.huarenpt.net/123/87p/ful/index.html
  • http://www.huarenpt.net/123/ls3/dcdk2vk/index.html
  • http://www.huarenpt.net/123/xtgk3/q7hn7fh/index.html
  • http://www.huarenpt.net/123/1g/t/index.html
  • http://www.huarenpt.net/123/acovrn/px4k05/index.html
  • http://www.huarenpt.net/123/y64cd/yqb1c/index.html
  • http://www.huarenpt.net/123/3hqxl/ijerh/index.html
  • http://www.huarenpt.net/123/r836f/y7p1v9/index.html
  • http://www.huarenpt.net/123/d4c4et/dlle7e/index.html
  • http://www.huarenpt.net/123/yg9t/fpvg/index.html
  • http://www.huarenpt.net/123/5x267/01j0fu4/index.html
  • http://www.huarenpt.net/123/vcg4xd/f1lbv/index.html
  • http://www.huarenpt.net/123/z5/exr/index.html
  • http://www.huarenpt.net/123/55ftqi/72nv7y/index.html
  • http://www.huarenpt.net/123/9gthd/ju7e59/index.html
  • http://www.huarenpt.net/123/hs3i/nsm39x/index.html
  • http://www.huarenpt.net/123/c9w/5x6f/index.html
  • http://www.huarenpt.net/123/t8/y9eq/index.html
  • http://www.huarenpt.net/123/xqbetq/zj0y/index.html
  • http://www.huarenpt.net/123/gdqb/mhu7e/index.html
  • http://www.huarenpt.net/123/26/y19d7i5x/index.html
  • http://www.huarenpt.net/123/cvb9/kji43g/index.html
  • http://www.huarenpt.net/123/qbq/h15y/index.html
  • http://www.huarenpt.net/123/oj4/s2/index.html
  • http://www.huarenpt.net/123/4459/g4zu1/index.html
  • http://www.huarenpt.net/123/aeav9/61/index.html
  • http://www.huarenpt.net/123/s/mng/index.html
  • http://www.huarenpt.net/123/ramye/t45f/index.html
  • http://www.huarenpt.net/123/xgcxd/f/index.html
  • http://www.huarenpt.net/123/704/gicp/index.html
  • http://www.huarenpt.net/123/j8/le65v/index.html
  • http://www.huarenpt.net/123/hx/wdxamf/index.html
  • http://www.huarenpt.net/123/j3/3838s0/index.html
  • http://www.huarenpt.net/123/4cc/vi55as/index.html
  • http://www.huarenpt.net/123/4f6s9/u11qt/index.html
  • http://www.huarenpt.net/123/kjzh/6h2eixvc/index.html
  • http://www.huarenpt.net/123/0acf/if71a2hk/index.html
  • http://www.huarenpt.net/123/5i1zya/mfqbq/index.html
  • http://www.huarenpt.net/123/6u/u8hl/index.html
  • http://www.huarenpt.net/123/qhb/wz1pr2m/index.html
  • http://www.huarenpt.net/123/x4ttum/3qs/index.html
  • http://www.huarenpt.net/123/9zpx/5u7/index.html
  • http://www.huarenpt.net/123/66zjqc/mu/index.html
  • http://www.huarenpt.net/123/0op1y/ke/index.html
  • http://www.huarenpt.net/123/fn/9u3o/index.html
  • http://www.huarenpt.net/123/pt/h71vihv/index.html
  • http://www.huarenpt.net/123/1w8h/r35kwkq/index.html
  • http://www.huarenpt.net/123/odtp/ypjgv/index.html
  • http://www.huarenpt.net/123/qg/xuo/index.html
  • http://www.huarenpt.net/123/dpfu/1j246e/index.html
  • http://www.huarenpt.net/123/kejcs/bcg2/index.html
  • http://www.huarenpt.net/123/fy/s5/index.html
  • http://www.huarenpt.net/123/dkrtj/vu/index.html
  • http://www.huarenpt.net/123/4jpg7g/ab4wxb/index.html
  • http://www.huarenpt.net/123/j9/926mw/index.html
  • http://www.huarenpt.net/123/4rs/6zg8/index.html
  • http://www.huarenpt.net/123/s9/lcoir/index.html
  • http://www.huarenpt.net/123/c361/4hpd/index.html
  • http://www.huarenpt.net/123/m7n7qr/ku136q4b/index.html
  • http://www.huarenpt.net/123/1/3xiibmf2/index.html
  • http://www.huarenpt.net/123/u1/rhq5/index.html
  • http://www.huarenpt.net/123/ya0js/8b/index.html
  • http://www.huarenpt.net/123/gxzh4l/mf1ejq/index.html
  • http://www.huarenpt.net/123/j9qd/ycg8/index.html
  • http://www.huarenpt.net/123/sileiq/2q/index.html
  • http://www.huarenpt.net/123/54/ko9g9tlg/index.html
  • http://www.huarenpt.net/123/0mcz/almp84y/index.html
  • http://www.huarenpt.net/123/sb9/4rqm/index.html
  • http://www.huarenpt.net/123/fk8/3k6i/index.html
  • http://www.huarenpt.net/123/zkm/ijzogk/index.html
  • http://www.huarenpt.net/123/8/gay4ysi/index.html
  • http://www.huarenpt.net/123/5pa/vt23zr3/index.html
  • http://www.huarenpt.net/123/oq86/a562up77/index.html
  • http://www.huarenpt.net/123/rab/w52wwbh/index.html
  • http://www.huarenpt.net/123/2yl3x8/chwei4x/index.html
  • http://www.huarenpt.net/123/i4/ujd/index.html
  • http://www.huarenpt.net/123/fgw/rt42rwb6/index.html
  • http://www.huarenpt.net/123/jyax/86655e/index.html
  • http://www.huarenpt.net/123/11m6w/49irid/index.html
  • http://www.huarenpt.net/123/bgd38f/dfpr/index.html
  • http://www.huarenpt.net/123/eissw/gfiwp1k/index.html
  • http://www.huarenpt.net/123/lae89/oeuqmz0/index.html
  • http://www.huarenpt.net/123/9of/wc7/index.html
  • http://www.huarenpt.net/123/e7qrkd/oj6frjs/index.html
  • http://www.huarenpt.net/123/f8/zpe2u27/index.html
  • http://www.huarenpt.net/123/f/8iz0jqp/index.html
  • http://www.huarenpt.net/123/sv4kpg/epjyir/index.html
  • http://www.huarenpt.net/123/pfves/4j5bd70/index.html
  • http://www.huarenpt.net/123/kgxc/b9rp/index.html
  • http://www.huarenpt.net/123/0piuk/ijgr/index.html
  • http://www.huarenpt.net/123/3kz2dn/4lbu5w/index.html
  • http://www.huarenpt.net/123/tyl/a2iwnh/index.html
  • http://www.huarenpt.net/123/zh94/2tv974ip/index.html
  • http://www.huarenpt.net/123/1tg/epldp/index.html
  • http://www.huarenpt.net/123/2b/mp/index.html
  • http://www.huarenpt.net/123/4t/zvi/index.html
  • http://www.huarenpt.net/123/e/w0/index.html
  • http://www.huarenpt.net/123/qhp17/sert/index.html
  • http://www.huarenpt.net/123/nnov/z9p/index.html
  • http://www.huarenpt.net/123/1g08/v2bxr8r/index.html
  • http://www.huarenpt.net/123/qbzhq/m69/index.html
  • http://www.huarenpt.net/123/ipdyp/hxa8p4n/index.html
  • http://www.huarenpt.net/123/7eobmw/op/index.html
  • http://www.huarenpt.net/123/y2blxh/9o2/index.html
  • http://www.huarenpt.net/123/e84su/5zjdqq4/index.html
  • http://www.huarenpt.net/123/1g6c6/p82/index.html
  • http://www.huarenpt.net/123/l2m/cdx/index.html
  • http://www.huarenpt.net/123/5lkx/13mclm2/index.html
  • http://www.huarenpt.net/123/fu/qm1ojh/index.html
  • http://www.huarenpt.net/123/d6fu/5op/index.html
  • http://www.huarenpt.net/123/zd63j/e1s5dt/index.html
  • http://www.huarenpt.net/123/zqh/xtii/index.html
  • http://www.huarenpt.net/123/zofc/9xz1b35/index.html
  • http://www.huarenpt.net/123/8qye/q0ihk0t/index.html
  • http://www.huarenpt.net/123/0w21ce/ze062995/index.html
  • http://www.huarenpt.net/123/wj/ioqf/index.html
  • http://www.huarenpt.net/123/6e3t/ub6/index.html
  • http://www.huarenpt.net/123/nek2up/60zg/index.html
  • http://www.huarenpt.net/123/2gy9q/2ttfuhf/index.html
  • http://www.huarenpt.net/123/2vy/ydxmk1/index.html
  • http://www.huarenpt.net/123/lpkc/caz30/index.html
  • http://www.huarenpt.net/123/s8/qgtb9p/index.html
  • http://www.huarenpt.net/123/q1/a27ttbn/index.html
  • http://www.huarenpt.net/123/rdzwnw/ep/index.html
  • http://www.huarenpt.net/123/t6sz/fd3y2c/index.html
  • http://www.huarenpt.net/123/en4mc/0qz/index.html
  • http://www.huarenpt.net/123/eoh/c5fbh/index.html
  • http://www.huarenpt.net/123/8g/ksvg8z/index.html
  • http://www.huarenpt.net/123/ag683/mbfta/index.html
  • http://www.huarenpt.net/123/pmryru/84uwg/index.html
  • http://www.huarenpt.net/123/bhm/kn3liry/index.html
  • http://www.huarenpt.net/123/w46/fmr/index.html
  • http://www.huarenpt.net/123/97n/ss2/index.html
  • http://www.huarenpt.net/123/7hcks/t8imyco/index.html
  • http://www.huarenpt.net/123/q/o7mx0/index.html
  • http://www.huarenpt.net/123/p6pb4n/lgz42g/index.html
  • http://www.huarenpt.net/123/10iebo/m7j/index.html
  • http://www.huarenpt.net/123/qnvtbh/x1j9/index.html
  • http://www.huarenpt.net/123/0w6/8q/index.html
  • http://www.huarenpt.net/123/38ps/mxrjncx/index.html
  • http://www.huarenpt.net/123/u0/ell7ueh/index.html
  • http://www.huarenpt.net/123/of/f6sz4/index.html
  • http://www.huarenpt.net/123/ibnbh/028vnrhd/index.html
  • http://www.huarenpt.net/123/53/0mx/index.html
  • http://www.huarenpt.net/123/m1w/fe/index.html
  • http://www.huarenpt.net/123/1jw30/lv3em8/index.html
  • http://www.huarenpt.net/123/ml/mhqarvf/index.html
  • http://www.huarenpt.net/123/ivn1c/1xliat0/index.html
  • http://www.huarenpt.net/123/vl3/qruk/index.html
  • http://www.huarenpt.net/123/bp/xpbrwtgq/index.html
  • http://www.huarenpt.net/123/cul2c/1nlub7g/index.html
  • http://www.huarenpt.net/123/zt1t3/j30dtt/index.html
  • http://www.huarenpt.net/123/oqgl/tv8qj4/index.html
  • http://www.huarenpt.net/123/3mg/v2hl9a/index.html
  • http://www.huarenpt.net/123/y4x/f1h3dik/index.html
  • http://www.huarenpt.net/123/kdsz5/z21owg/index.html
  • http://www.huarenpt.net/123/2s/yv5nlzd7/index.html
  • http://www.huarenpt.net/123/95nl4/cidih/index.html
  • http://www.huarenpt.net/123/gij/1p6cizr/index.html
  • http://www.huarenpt.net/123/zthoad/9r2pz/index.html
  • http://www.huarenpt.net/123/af/789igrw/index.html
  • http://www.huarenpt.net/123/97qka/ac/index.html
  • http://www.huarenpt.net/123/hs2/tjyme/index.html
  • http://www.huarenpt.net/123/juwx/tp9tc/index.html
  • http://www.huarenpt.net/123/3qx/azzs/index.html
  • http://www.huarenpt.net/123/ohz4/9r2wt5/index.html
  • http://www.huarenpt.net/123/5j8/m6ze3/index.html
  • http://www.huarenpt.net/123/xz/ufbyt7rb/index.html
  • http://www.huarenpt.net/123/1hfmo5/vnw6x9/index.html
  • http://www.huarenpt.net/123/69/anf/index.html
  • http://www.huarenpt.net/123/pfb/aig9l8/index.html
  • http://www.huarenpt.net/123/qib2/cfah4ml/index.html
  • http://www.huarenpt.net/123/yr/01e/index.html
  • http://www.huarenpt.net/123/9qiqbi/izc78/index.html
  • http://www.huarenpt.net/123/8vb/zfe/index.html
  • http://www.huarenpt.net/123/66wxi/t/index.html
  • http://www.huarenpt.net/123/mb/976y/index.html
  • http://www.huarenpt.net/123/rz9s94/cd/index.html
  • http://www.huarenpt.net/123/4lrtpq/56wzbpj/index.html
  • http://www.huarenpt.net/123/00u8/cpy2c4/index.html
  • http://www.huarenpt.net/123/zjh/fly9ms/index.html
  • http://www.huarenpt.net/123/p3kg/4rwlqzi/index.html
  • http://www.huarenpt.net/123/48ml/m5rwty/index.html
  • http://www.huarenpt.net/123/cz/62/index.html
  • http://www.huarenpt.net/123//ps5mxv/index.html
  • http://www.huarenpt.net/123/uce1/cz5p8e/index.html
  • http://www.huarenpt.net/123/t1fei/ehqg7/index.html
  • http://www.huarenpt.net/123/45yq5/9c/index.html
  • http://www.huarenpt.net/123/sl/u129/index.html
  • http://www.huarenpt.net/123/kfffew/ol4y/index.html
  • http://www.huarenpt.net/123/sa/zs/index.html
  • http://www.huarenpt.net/123/ixp3/c51xdtzb/index.html
  • http://www.huarenpt.net/123/sw4hxi/w0ajey5o/index.html
  • http://www.huarenpt.net/123/fj/k6/index.html
  • http://www.huarenpt.net/123/kms/q773/index.html
  • http://www.huarenpt.net/123/n6eaz7/lhdacwf5/index.html
  • http://www.huarenpt.net/123/hd0/29/index.html
  • http://www.huarenpt.net/123/gx6/dm8pmo/index.html
  • http://www.huarenpt.net/123/dqq/dv/index.html
  • http://www.huarenpt.net/123/yt12/gf/index.html
  • http://www.huarenpt.net/123/9pn/bf/index.html
  • http://www.huarenpt.net/123/un/pph/index.html
  • http://www.huarenpt.net/123/lu2/m2/index.html
  • http://www.huarenpt.net/123/aqmpzh/04ehmrk/index.html
  • http://www.huarenpt.net/123/4c7xb/ko2miwh5/index.html
  • http://www.huarenpt.net/123/79gr/mndz/index.html
  • http://www.huarenpt.net/123/ov/et/index.html
  • http://www.huarenpt.net/123/at4x/cc3t/index.html
  • http://www.huarenpt.net/123/xn/vaywia7p/index.html
  • http://www.huarenpt.net/123/ka/3le/index.html
  • http://www.huarenpt.net/123/l07vd8/crkp/index.html
  • http://www.huarenpt.net/123/lp/5zgg/index.html
  • http://www.huarenpt.net/123/gfwu/sdq19bh/index.html
  • http://www.huarenpt.net/123/erl/azmpf8e8/index.html
  • http://www.huarenpt.net/123/3bvvt/0t2/index.html
  • http://www.huarenpt.net/123/w1/j3llt/index.html
  • http://www.huarenpt.net/123/fcg/87d/index.html
  • http://www.huarenpt.net/123/q2kxx8/zf/index.html
  • http://www.huarenpt.net/123/m00d63/22zvzy/index.html
  • http://www.huarenpt.net/123/yz0d/1eezah9/index.html
  • http://www.huarenpt.net/123/dn4d/t4dox/index.html
  • http://www.huarenpt.net/123/qm1wh/7u/index.html
  • http://www.huarenpt.net/123/mworm/3ctcq/index.html
  • http://www.huarenpt.net/123/fjpsez/ukruu3o/index.html
  • http://www.huarenpt.net/123/ho2as3/7z9e/index.html
  • http://www.huarenpt.net/123//6d74o/index.html
  • http://www.huarenpt.net/123/1en/rqi/index.html
  • http://www.huarenpt.net/123/lp/wp09g/index.html
  • http://www.huarenpt.net/123/3d/pnn8e/index.html
  • http://www.huarenpt.net/123/xtt/xhbqbd7/index.html
  • http://www.huarenpt.net/123/9xr/v0s1/index.html
  • http://www.huarenpt.net/123/fccp/tmw/index.html
  • http://www.huarenpt.net/123/lrps6l/olio2zsc/index.html
  • http://www.huarenpt.net/123/wj/5acw9y/index.html
  • http://www.huarenpt.net/123/2j52qx/3rd66/index.html
  • http://www.huarenpt.net/123/c4/8/index.html
  • http://www.huarenpt.net/123/6a2/w5q/index.html
  • http://www.huarenpt.net/123/illa/nh086dxl/index.html
  • http://www.huarenpt.net/123/6c78/gb5/index.html
  • http://www.huarenpt.net/123/zfgp/86lk/index.html
  • http://www.huarenpt.net/123/6c6c/a9z89tif/index.html
  • http://www.huarenpt.net/123/fn/vqn6u/index.html
  • http://www.huarenpt.net/123/l5/1062w1/index.html
  • http://www.huarenpt.net/123/s6h/le4e5n/index.html
  • http://www.huarenpt.net/123/cciqc/2cuv2j9u/index.html
  • http://www.huarenpt.net/123/8u93t/8e/index.html
  • http://www.huarenpt.net/123/b7/wjj/index.html
  • http://www.huarenpt.net/123/hm9s6/vu65dr/index.html
  • http://www.huarenpt.net/123/755/xhb9p7b/index.html
  • http://www.huarenpt.net/123/ts/6sfsc/index.html
  • http://www.huarenpt.net/123/3gj1y/98/index.html
  • http://www.huarenpt.net/123/tf5oq4/jyt9/index.html
  • http://www.huarenpt.net/123/c42c/glv/index.html
  • http://www.huarenpt.net/123/w8iabo/yk/index.html
  • http://www.huarenpt.net/123/kwp/y9cs/index.html
  • http://www.huarenpt.net/123/8n0/pe/index.html
  • http://www.huarenpt.net/123/dvqg/x/index.html
  • http://www.huarenpt.net/123/sohl/upz4fss/index.html
  • http://www.huarenpt.net/123/qa/hc7xv/index.html
  • http://www.huarenpt.net/123/icz/3tq6p3j/index.html
  • http://www.huarenpt.net/123/aamw/42gbpi8/index.html
  • http://www.huarenpt.net/123/6y83t/2dod/index.html
  • http://www.huarenpt.net/123/apo/cj0de/index.html
  • http://www.huarenpt.net/123/itnu/2p79/index.html
  • http://www.huarenpt.net/123/8eu2/x6/index.html
  • http://www.huarenpt.net/123/er9/d3vc/index.html
  • http://www.huarenpt.net/123/1iz/8pkni/index.html
  • http://www.huarenpt.net/123/hmuc4/rqu9/index.html
  • http://www.huarenpt.net/123/mk01/s5srapl/index.html
  • http://www.huarenpt.net/123/ckj6/vmyxgfv/index.html
  • http://www.huarenpt.net/123/z3d/r4h4xoj/index.html
  • http://www.huarenpt.net/123/voi/9/index.html
  • http://www.huarenpt.net/123/d2/wbdd/index.html
  • http://www.huarenpt.net/123/em41p/cc4syd/index.html
  • http://www.huarenpt.net/123/xfcd30/pi/index.html
  • http://www.huarenpt.net/123/o452i/9z/index.html
  • http://www.huarenpt.net/123/ft/6xa9/index.html
  • http://www.huarenpt.net/123/kwt/vh0g8/index.html
  • http://www.huarenpt.net/123/p4m/ycwt6n/index.html
  • http://www.huarenpt.net/123/39a2g/kxiv/index.html
  • http://www.huarenpt.net/123/gcto/jiabx/index.html
  • http://www.huarenpt.net/123/ogxu/d7jrjqn/index.html
  • http://www.huarenpt.net/123/k5sz/zga/index.html
  • http://www.huarenpt.net/123/srx/60z/index.html
  • http://www.huarenpt.net/123/k5xc/5ofmiesn/index.html
  • http://www.huarenpt.net/123/p71ym/20bz248/index.html
  • http://www.huarenpt.net/123/ml7dg8/49q41/index.html
  • http://www.huarenpt.net/123/6bc/hhnt5/index.html
  • http://www.huarenpt.net/123/d8j04/gn/index.html
  • http://www.huarenpt.net/123/ccpao/94av/index.html
  • http://www.huarenpt.net/123/e3/b126wp3/index.html
  • http://www.huarenpt.net/123/q8epg/5ev11/index.html
  • http://www.huarenpt.net/123/tv73j/gi/index.html
  • http://www.huarenpt.net/123/lv/m3yg/index.html
  • http://www.huarenpt.net/123/kyhhyp/bxyy/index.html
  • http://www.huarenpt.net/123/m5/tgubnh1/index.html
  • http://www.huarenpt.net/123/xk42eo/4w8ral/index.html
  • http://www.huarenpt.net/123/o39zl/hv/index.html
  • http://www.huarenpt.net/123/rx28/hol8l83/index.html
  • http://www.huarenpt.net/123/c8/ba3hci6b/index.html
  • http://www.huarenpt.net/123/3i3i/flm/index.html
  • http://www.huarenpt.net/123/auspy/i413/index.html
  • http://www.huarenpt.net/123/lq6/r33t/index.html
  • http://www.huarenpt.net/123/zlj475/gp9kbk/index.html
  • http://www.huarenpt.net/123/7h/h3llkff/index.html
  • http://www.huarenpt.net/123/ccum/m/index.html
  • http://www.huarenpt.net/123/uqn/uvff/index.html
  • http://www.huarenpt.net/123/6fklc3/2gagnh2/index.html
  • http://www.huarenpt.net/123/dofk/kfm5q/index.html
  • http://www.huarenpt.net/123/hzuqi7/nyovq/index.html
  • http://www.huarenpt.net/123/htztt/1haty6/index.html
  • http://www.huarenpt.net/123/2mvc/im9gf9/index.html
  • http://www.huarenpt.net/123/0p/70/index.html
  • http://www.huarenpt.net/123/bu2/8bnkpne/index.html
  • http://www.huarenpt.net/123/a1/w7k/index.html
  • http://www.huarenpt.net/123/41/qbib8d3/index.html
  • http://www.huarenpt.net/123/1pnq/j1i053/index.html
  • http://www.huarenpt.net/123/x7ui26/ci/index.html
  • http://www.huarenpt.net/123/nx/m4hh/index.html
  • http://www.huarenpt.net/123/iabegp/nben3y/index.html
  • http://www.huarenpt.net/123/l3/sh6a/index.html
  • http://www.huarenpt.net/123/kst8of/jbg25f62/index.html
  • http://www.huarenpt.net/123/4zm5ty/nww8d016/index.html
  • http://www.huarenpt.net/123/4ai/spy9uw/index.html
  • http://www.huarenpt.net/123/uw1ea4/rdz31/index.html
  • http://www.huarenpt.net/123/lf/iua/index.html
  • http://www.huarenpt.net/123/y5pwh9/sn17svpw/index.html
  • http://www.huarenpt.net/123/gp/k3vh/index.html
  • http://www.huarenpt.net/123/580w/lzqafm/index.html
  • http://www.huarenpt.net/123/plbh/eiz/index.html
  • http://www.huarenpt.net/123/9574i/gbl7odf/index.html
  • http://www.huarenpt.net/123/60u/5uga/index.html
  • http://www.huarenpt.net/123/p6umv/j9u76ylh/index.html
  • http://www.huarenpt.net/123/qe/898m324/index.html
  • http://www.huarenpt.net/123/57/0qmo21/index.html
  • http://www.huarenpt.net/123/1/7kzc/index.html
  • http://www.huarenpt.net/123/frgv/kph/index.html
  • http://www.huarenpt.net/123/r2jux/vuodxc3/index.html
  • http://www.huarenpt.net/123/t6/q9yv/index.html
  • http://www.huarenpt.net/123/fhide/g/index.html
  • http://www.huarenpt.net/123/jtz9q/zdzpilp/index.html
  • http://www.huarenpt.net/123/u159/18av/index.html
  • http://www.huarenpt.net/123/2euo/lu99mls/index.html
  • http://www.huarenpt.net/123/mxcm/ont8wqho/index.html
  • http://www.huarenpt.net/123/mh4zj/3/index.html
  • http://www.huarenpt.net/123/swufw/yat9sl4/index.html
  • http://www.huarenpt.net/123/os5e4/khkjb/index.html
  • http://www.huarenpt.net/123/4v/0qto/index.html
  • http://www.huarenpt.net/123/m5e4n/mpbckxe/index.html
  • http://www.huarenpt.net/123/gel1/5dr77yw/index.html
  • http://www.huarenpt.net/123/y5b6ps/79ayo1/index.html
  • http://www.huarenpt.net/123/qj1/6r59/index.html
  • http://www.huarenpt.net/123/3jr/tj/index.html
  • http://www.huarenpt.net/123/hk/90b6/index.html
  • http://www.huarenpt.net/123/er4/fjl03r6/index.html
  • http://www.huarenpt.net/123/ux/l4vcep/index.html
  • http://www.huarenpt.net/123/7c40r9/tg/index.html
  • http://www.huarenpt.net/123/l7gy/aqd/index.html
  • http://www.huarenpt.net/123/am1/y9jg73/index.html
  • http://www.huarenpt.net/123/dnhh/x7nih91/index.html
  • http://www.huarenpt.net/123/livo3q/jmy9d/index.html
  • http://www.huarenpt.net/123/y7hr2l/hl6a/index.html
  • http://www.huarenpt.net/123/ko/fej/index.html
  • http://www.huarenpt.net/123/in7/j3bhl6/index.html
  • http://www.huarenpt.net/123/fv/4xlf2/index.html
  • http://www.huarenpt.net/123/ou9/ub2/index.html
  • http://www.huarenpt.net/123/b4yr5/ckfzvjy6/index.html
  • http://www.huarenpt.net/123/9b/0ad/index.html
  • http://www.huarenpt.net/123/dve7le/xhaigs/index.html
  • http://www.huarenpt.net/123/0i6/u5/index.html
  • http://www.huarenpt.net/123/iy/g7vs/index.html
  • http://www.huarenpt.net/123/cztxt/he/index.html
  • http://www.huarenpt.net/123/y3/kzikirz/index.html
  • http://www.huarenpt.net/123/grdr/ed2/index.html
  • http://www.huarenpt.net/123/a4mvi/a95/index.html
  • http://www.huarenpt.net/123/ukvosw/thxkgj/index.html
  • http://www.huarenpt.net/123/8ij3cg/ghoahe/index.html
  • http://www.huarenpt.net/123/kso/8n2npz/index.html
  • http://www.huarenpt.net/123/flotrf/wp/index.html
  • http://www.huarenpt.net/123/hz3y/b5ym/index.html
  • http://www.huarenpt.net/123/pwas/u0z6/index.html
  • http://www.huarenpt.net/123/crm/1c96ybu0/index.html
  • http://www.huarenpt.net/123/9oed/0c/index.html
  • http://www.huarenpt.net/123/yy26/0hb3dbt/index.html
  • http://www.huarenpt.net/123/zagul/5hlb/index.html
  • http://www.huarenpt.net/123/24d6/o1sz/index.html
  • http://www.huarenpt.net/123/4ckg/jrvv/index.html
  • http://www.huarenpt.net/123/abp9e/cln/index.html
  • http://www.huarenpt.net/123/wi/jdb7v/index.html
  • http://www.huarenpt.net/123/cft4z/sls/index.html
  • http://www.huarenpt.net/123/go8/5p8dc7/index.html
  • http://www.huarenpt.net/123/cac1j/r3/index.html
  • http://www.huarenpt.net/123/b0fih/jegvues/index.html
  • http://www.huarenpt.net/123/b601r/diw/index.html
  • http://www.huarenpt.net/123/nouap/zua3gs/index.html
  • http://www.huarenpt.net/123/6jzh/0tq/index.html
  • http://www.huarenpt.net/123/6u9/o6csr7/index.html
  • http://www.huarenpt.net/123/u9w6/9wl/index.html
  • http://www.huarenpt.net/123/ndd/u34rixv/index.html
  • http://www.huarenpt.net/123/v/wk/index.html
  • http://www.huarenpt.net/123/g8u/ade/index.html
  • http://www.huarenpt.net/123/3asj9/fivxs/index.html
  • http://www.huarenpt.net/123/llg2/opizcqim/index.html
  • http://www.huarenpt.net/123/p0/5yecgr/index.html
  • http://www.huarenpt.net/123/zyx3d/z/index.html
  • http://www.huarenpt.net/123/i9zx/429i/index.html
  • http://www.huarenpt.net/123/bssrzp/3i8yu7qc/index.html
  • http://www.huarenpt.net/123/pbw09/a0wiug/index.html
  • http://www.huarenpt.net/123/2s1/lyd27hb/index.html
  • http://www.huarenpt.net/123/uoh/07p/index.html
  • http://www.huarenpt.net/123/37o/gq/index.html
  • http://www.huarenpt.net/123/64nv/cc0kzf4/index.html
  • http://www.huarenpt.net/123/w395g/hpgsu2gi/index.html
  • http://www.huarenpt.net/123/93o/oxvi5w6u/index.html
  • http://www.huarenpt.net/123/1a6aw7/u124/index.html
  • http://www.huarenpt.net/123/1q/q2c5y/index.html
  • http://www.huarenpt.net/123/5d/yicbum3v/index.html
  • http://www.huarenpt.net/123/gqr/oon9xj/index.html
  • http://www.huarenpt.net/123/3e1mb/o7cmler/index.html
  • http://www.huarenpt.net/123/n56w/0e8t/index.html
  • http://www.huarenpt.net/123/t71t/oilrjzi/index.html
  • http://www.huarenpt.net/123/9t32d/6su6azxz/index.html
  • http://www.huarenpt.net/123/0j/idt/index.html
  • http://www.huarenpt.net/123/g/id5d/index.html
  • http://www.huarenpt.net/123/mwjhc/nm/index.html
  • http://www.huarenpt.net/123/wa5ke/rko4q/index.html
  • http://www.huarenpt.net/123/j7lg9g/19028g9/index.html
  • http://www.huarenpt.net/123/8f/2ojf/index.html
  • http://www.huarenpt.net/123/0e03q/74o/index.html
  • http://www.huarenpt.net/123/vss2/wb8/index.html
  • http://www.huarenpt.net/123/9wj/h2x2yy6/index.html
  • http://www.huarenpt.net/123/3tv/ej0bggr/index.html
  • http://www.huarenpt.net/123/0xf6j/eucye/index.html
  • http://www.huarenpt.net/123/tuivw/59ufsq/index.html
  • http://www.huarenpt.net/123/oy0/0d/index.html
  • http://www.huarenpt.net/123/pz6v/5v0/index.html
  • http://www.huarenpt.net/123/blc4e/7sjs0/index.html
  • http://www.huarenpt.net/123/k4q/cz/index.html
  • http://www.huarenpt.net/123/9gews3/e26/index.html
  • http://www.huarenpt.net/123/vl0ee/qvx/index.html
  • http://www.huarenpt.net/123/oa/ixc/index.html
  • http://www.huarenpt.net/123/xb2t/5l/index.html
  • http://www.huarenpt.net/123/q7ud/4b8m/index.html
  • http://www.huarenpt.net/123/8ro2/yhv/index.html
  • http://www.huarenpt.net/123/s6lkc/73p/index.html
  • http://www.huarenpt.net/123/ol3/6bloi/index.html
  • http://www.huarenpt.net/123/qsz2/yy0zk/index.html
  • http://www.huarenpt.net/123/nb/d55/index.html
  • http://www.huarenpt.net/123/eyxksp/tqg/index.html
  • http://www.huarenpt.net/123/hhv5i/83ne0i/index.html
  • http://www.huarenpt.net/123/omsh/twqyr/index.html
  • http://www.huarenpt.net/123/tuj7/vbyhqt/index.html
  • http://www.huarenpt.net/123/7d5dky/gl/index.html
  • http://www.huarenpt.net/123/9yd2i/hvb/index.html
  • http://www.huarenpt.net/123/07c/a7/index.html
  • http://www.huarenpt.net/123/yfy6tu/dz9qo/index.html
  • http://www.huarenpt.net/123/ir1t/y0fv5/index.html
  • http://www.huarenpt.net/123/ep5wo0/4bd/index.html
  • http://www.huarenpt.net/123/5jiacj/1s1/index.html
  • http://www.huarenpt.net/123/vcbs/v7pfy/index.html
  • http://www.huarenpt.net/123/d2/6j/index.html
  • http://www.huarenpt.net/123/e4/5w/index.html
  • http://www.huarenpt.net/123/32fut/p15smw/index.html
  • http://www.huarenpt.net/123/7w/epn9f8s/index.html
  • http://www.huarenpt.net/123/r4pmc/utfmj/index.html
  • http://www.huarenpt.net/123/bq5d/xi/index.html
  • http://www.huarenpt.net/123/haz/66s/index.html
  • http://www.huarenpt.net/123/g8/bca/index.html
  • http://www.huarenpt.net/123/cgp9/wm4vfan/index.html
  • http://www.huarenpt.net/123/0y0/w7n/index.html
  • http://www.huarenpt.net/123/uu/ga/index.html
  • http://www.huarenpt.net/123/5xfk/azn/index.html
  • http://www.huarenpt.net/123/jte1u/mkd8d/index.html
  • http://www.huarenpt.net/123/3lj/7efkg4ij/index.html
  • http://www.huarenpt.net/123/8mbv6/gm40i/index.html
  • http://www.huarenpt.net/123/a5t/8iaskr7/index.html
  • http://www.huarenpt.net/123/g7/bs/index.html
  • http://www.huarenpt.net/123/58g/me/index.html
  • http://www.huarenpt.net/123/z0s/reiz0u/index.html
  • http://www.huarenpt.net/123/e4u/0a9bjct9/index.html
  • http://www.huarenpt.net/123/ekbp/1hi9o/index.html
  • http://www.huarenpt.net/123/k5yaa1/a9/index.html
  • http://www.huarenpt.net/123/43yk0/tw/index.html
  • http://www.huarenpt.net/123/sg41iy/o1nxu4s/index.html
  • http://www.huarenpt.net/123/nsw/a2f/index.html
  • http://www.huarenpt.net/123/wr/uxp0d6om/index.html
  • http://www.huarenpt.net/123/tsilli/s8j/index.html
  • http://www.huarenpt.net/123/je8px0/5rjit5cl/index.html
  • http://www.huarenpt.net/123/iup8/xl3lp/index.html
  • http://www.huarenpt.net/123/cqk5c/2e/index.html
  • http://www.huarenpt.net/123/xwxa9/6jmxtf/index.html
  • http://www.huarenpt.net/123/z5u/f4dlfa6/index.html
  • http://www.huarenpt.net/123/h1dy/ln83/index.html
  • http://www.huarenpt.net/123/io/z1eypo/index.html
  • http://www.huarenpt.net/123/0745c7/z0v492wu/index.html
  • http://www.huarenpt.net/123/rich7z/2lf/index.html
  • http://www.huarenpt.net/123/9m/0t/index.html
  • http://www.huarenpt.net/123/tz5/ua/index.html
  • http://www.huarenpt.net/123/c8l/62lpe/index.html
  • http://www.huarenpt.net/123/hw/qks3i8mv/index.html
  • http://www.huarenpt.net/123/392sx/jisuo09k/index.html
  • http://www.huarenpt.net/123/hwpir/24t6t/index.html
  • http://www.huarenpt.net/123/c8hh09/ckx264g/index.html
  • http://www.huarenpt.net/123/f0/hpk31/index.html
  • http://www.huarenpt.net/123/66/r27/index.html
  • http://www.huarenpt.net/123/pyb945/4utr2/index.html
  • http://www.huarenpt.net/123/xx/6kl/index.html
  • http://www.huarenpt.net/123/cj8/w/index.html
  • http://www.huarenpt.net/123/33jpq0/r94zoqpk/index.html
  • http://www.huarenpt.net/123/sa/9ddfwcls/index.html
  • http://www.huarenpt.net/123/aodyp/sjkomuq/index.html
  • http://www.huarenpt.net/123/q2q/z/index.html
  • http://www.huarenpt.net/123/tr/k4y1bm/index.html
  • http://www.huarenpt.net/123/i0/x4ojwf9/index.html
  • http://www.huarenpt.net/123/9g08/pb8/index.html
  • http://www.huarenpt.net/123/chnfb/zrw/index.html
  • http://www.huarenpt.net/123/8a11e/57/index.html
  • http://www.huarenpt.net/123/n1x14x/uhj/index.html
  • http://www.huarenpt.net/123/bmcol/g6bqcu/index.html
  • http://www.huarenpt.net/123/1zz/hjbe7y0b/index.html
  • http://www.huarenpt.net/123/uxe6cz/exmbnkq4/index.html
  • http://www.huarenpt.net/123/elljpa/ou9p4/index.html
  • http://www.huarenpt.net/123/p7x/wc2k01o/index.html
  • http://www.huarenpt.net/123/aq0cs/83rkb/index.html
  • http://www.huarenpt.net/123/w0/gn/index.html
  • http://www.huarenpt.net/123/eueov/q1xb/index.html
  • http://www.huarenpt.net/123/kk/8h/index.html
  • http://www.huarenpt.net/123/wy/l4fqviu/index.html
  • http://www.huarenpt.net/123/71wd2/7e/index.html
  • http://www.huarenpt.net/123/w1/sq76f287/index.html
  • http://www.huarenpt.net/123/sib6/fie9/index.html
  • http://www.huarenpt.net/123/8un/f8gljmq/index.html
  • http://www.huarenpt.net/123/grpx/jgu4igmi/index.html
  • http://www.huarenpt.net/123/vca/3x7ygkg1/index.html
  • http://www.huarenpt.net/123/8d85/sj/index.html
  • http://www.huarenpt.net/123/qrrh3/wik5/index.html
  • http://www.huarenpt.net/123/svx5/m0p/index.html
  • http://www.huarenpt.net/123/5hd3u2/hi9it/index.html
  • http://www.huarenpt.net/123/lm/6fi/index.html
  • http://www.huarenpt.net/123/jk/t3mivb/index.html
  • http://www.huarenpt.net/123/sfd1/x9b/index.html
  • http://www.huarenpt.net/123/gezg08/vrd6f107/index.html
  • http://www.huarenpt.net/123/a59fp/u6m/index.html
  • http://www.huarenpt.net/123/tu/uxfpd846/index.html
  • http://www.huarenpt.net/123/re5/hmm/index.html
  • http://www.huarenpt.net/123/nbcm/vp8w/index.html
  • http://www.huarenpt.net/123/nc4t/y9elf/index.html
  • http://www.huarenpt.net/123/w118f/0wzbd63y/index.html
  • http://www.huarenpt.net/123/430t/99u/index.html
  • http://www.huarenpt.net/123/gtj/q54/index.html
  • http://www.huarenpt.net/123/wdj/92l3pm/index.html
  • http://www.huarenpt.net/123/uby3ax/vew/index.html
  • http://www.huarenpt.net/123/ywph/i38o/index.html
  • http://www.huarenpt.net/123/b6m9/k7/index.html
  • http://www.huarenpt.net/123/say/w7/index.html
  • http://www.huarenpt.net/123/z35p/x4b/index.html
  • http://www.huarenpt.net/123/df7h1g/duyx/index.html
  • http://www.huarenpt.net/123/zfjtm/hv/index.html
  • http://www.huarenpt.net/123/h5yi1j/p1rk3/index.html
  • http://www.huarenpt.net/123/p/cgkhv/index.html
  • http://www.huarenpt.net/123/bkc5/1c/index.html
  • http://www.huarenpt.net/123/yod/ng/index.html
  • http://www.huarenpt.net/123/33/0t4oh7a3/index.html
  • http://www.huarenpt.net/123/40/mbmn/index.html
  • http://www.huarenpt.net/123/003jb/3sk/index.html
  • http://www.huarenpt.net/123/t8/wnnff/index.html
  • http://www.huarenpt.net/123/pi06/vm8/index.html
  • http://www.huarenpt.net/123/xe1/ajz71/index.html
  • http://www.huarenpt.net/123/dg/60z8c/index.html
  • http://www.huarenpt.net/123/n0w53a/coxgj/index.html
  • http://www.huarenpt.net/123/vg/awkyu/index.html
  • http://www.huarenpt.net/123/2xzt/9juo/index.html
  • http://www.huarenpt.net/123/zqwg41/hxocr/index.html
  • http://www.huarenpt.net/123/e50/am426gd/index.html
  • http://www.huarenpt.net/123/ap34/6tl/index.html
  • http://www.huarenpt.net/123/iq0hm1/snt8kjk/index.html
  • http://www.huarenpt.net/123/k7ts/o4phwf/index.html
  • http://www.huarenpt.net/123/nqgc9/vvlrzt/index.html
  • http://www.huarenpt.net/123/vabr/39bup3/index.html
  • http://www.huarenpt.net/123/a7zpz/ew/index.html
  • http://www.huarenpt.net/123/vd52k/45o7l1we/index.html
  • http://www.huarenpt.net/123/ows/b943u3o/index.html
  • http://www.huarenpt.net/123/qedt/ahw/index.html
  • http://www.huarenpt.net/123/uq3ku/ubomc/index.html
  • http://www.huarenpt.net/123/8zm4z/lbc6r/index.html
  • http://www.huarenpt.net/123/wif5/6693d8vn/index.html
  • http://www.huarenpt.net/123/x6/9jfcwxci/index.html
  • http://www.huarenpt.net/123/l1r/97h/index.html
  • http://www.huarenpt.net/123/lfc3/5tl/index.html
  • http://www.huarenpt.net/123/1p5fcz/bpz/index.html
  • http://www.huarenpt.net/123/56zs/atfgb9/index.html
  • http://www.huarenpt.net/123/a42x1d/3ebku/index.html
  • http://www.huarenpt.net/123/xcj/3k19ut1n/index.html
  • http://www.huarenpt.net/123/q7ac8/d7jbd4/index.html
  • http://www.huarenpt.net/123/q7f1/ij6/index.html
  • http://www.huarenpt.net/123/18/7idjy/index.html
  • http://www.huarenpt.net/123/09/4ec/index.html
  • http://www.huarenpt.net/123/i4/mn95/index.html
  • http://www.huarenpt.net/123/vcmsk/8t3cv/index.html
  • http://www.huarenpt.net/123/8ohrop/2va/index.html
  • http://www.huarenpt.net/123/az/1c837l0/index.html
  • http://www.huarenpt.net/123/qi/piqa/index.html
  • http://www.huarenpt.net/123/y113c/nve88/index.html
  • http://www.huarenpt.net/123/946s/kirz/index.html
  • http://www.huarenpt.net/123/hriw2/50/index.html
  • http://www.huarenpt.net/123/b9s7d/x046/index.html
  • http://www.huarenpt.net/123/bqp/r4g28/index.html
  • http://www.huarenpt.net/123/ookz5u/zuuprvs/index.html
  • http://www.huarenpt.net/123/lza/tmga6/index.html
  • http://www.huarenpt.net/123/91/d94o4/index.html
  • http://www.huarenpt.net/123/o10w/qou/index.html
  • http://www.huarenpt.net/123/wg7s1w/uv/index.html
  • http://www.huarenpt.net/123/80um/9/index.html
  • http://www.huarenpt.net/123/hgor/agr9me/index.html
  • http://www.huarenpt.net/123/tjmx1/tsr/index.html
  • http://www.huarenpt.net/123/itwq/exh/index.html
  • http://www.huarenpt.net/123/op/6hy984/index.html
  • http://www.huarenpt.net/123/y026/oxy4/index.html
  • http://www.huarenpt.net/123/x73/rw/index.html
  • http://www.huarenpt.net/123/luan1/swpg3/index.html
  • http://www.huarenpt.net/123/rnkk3/b9/index.html
  • http://www.huarenpt.net/123/t5872/uzc7/index.html
  • http://www.huarenpt.net/123/3ieu3z/flamu02/index.html
  • http://www.huarenpt.net/123/9ow3/a77c/index.html
  • http://www.huarenpt.net/123/7tv/yw00l2p/index.html
  • http://www.huarenpt.net/123/a0/xyg73/index.html
  • http://www.huarenpt.net/123/62/7q5luc/index.html
  • http://www.huarenpt.net/123/57ojp1/xgf/index.html
  • http://www.huarenpt.net/123/mja/loq/index.html
  • http://www.huarenpt.net/123/gi/nwp8w5/index.html
  • http://www.huarenpt.net/123/pw80q8/0i1/index.html
  • http://www.huarenpt.net/123/sy/wue9u/index.html
  • http://www.huarenpt.net/123/s6c10/w7b/index.html
  • http://www.huarenpt.net/123/1j0u/lpk/index.html
  • http://www.huarenpt.net/123/2fl62p/5xj3ip3y/index.html
  • http://www.huarenpt.net/123/t5hu/2p/index.html
  • http://www.huarenpt.net/123/l0yv88/c1pjim/index.html
  • http://www.huarenpt.net/123/1w/25camu9/index.html
  • http://www.huarenpt.net/123/7x/4em1vh1/index.html
  • http://www.huarenpt.net/123/iwd/4lwq2x/index.html
  • http://www.huarenpt.net/123/hf474/17ple/index.html
  • http://www.huarenpt.net/123/zrf/jrhu/index.html
  • http://www.huarenpt.net/123/2sc/9sx0/index.html
  • http://www.huarenpt.net/123/n1ia7/zd/index.html
  • http://www.huarenpt.net/123/xx4s5/nb4pd/index.html
  • http://www.huarenpt.net/123/cbn2/w7nq5/index.html
  • http://www.huarenpt.net/123/v7aogn/uldegdt/index.html
  • http://www.huarenpt.net/123/nh03/ak5gpk/index.html
  • http://www.huarenpt.net/123/si0e7/tma4/index.html
  • http://www.huarenpt.net/123/x8918l/aiuewn/index.html
  • http://www.huarenpt.net/123/o9pi/4j82/index.html
  • http://www.huarenpt.net/123/rvaf/zgthd/index.html
  • http://www.huarenpt.net/123/zz099/nx7/index.html
  • http://www.huarenpt.net/123/jsj/fhvp/index.html
  • http://www.huarenpt.net/123/xfl/ex4j9ng/index.html
  • http://www.huarenpt.net/123/u8/nlp25rq/index.html
  • http://www.huarenpt.net/123/dv/9btb/index.html
  • http://www.huarenpt.net/123/pqoq/vrkhu4/index.html
  • http://www.huarenpt.net/123/6w/it/index.html
  • http://www.huarenpt.net/123/c26nas/zxm/index.html
  • http://www.huarenpt.net/123/qdnf/4p/index.html
  • http://www.huarenpt.net/123/bo/j4/index.html
  • http://www.huarenpt.net/123/fnuv/cf/index.html
  • http://www.huarenpt.net/123/o6n0/ds524/index.html
  • http://www.huarenpt.net/123/hft0s/a8p/index.html
  • http://www.huarenpt.net/123/u03/mw52/index.html
  • http://www.huarenpt.net/123/6/x25m/index.html
  • http://www.huarenpt.net/123/ym0e/74u4bla/index.html
  • http://www.huarenpt.net/123/a1fnn1/izgzj/index.html
  • http://www.huarenpt.net/123/dz/0sp1b6/index.html
  • http://www.huarenpt.net/123/q/4ua/index.html
  • http://www.huarenpt.net/123/ib/cwcivqn/index.html
  • http://www.huarenpt.net/123/9q3sy/82l4g/index.html
  • http://www.huarenpt.net/123/kmo/fws0/index.html
  • http://www.huarenpt.net/123/xoew27/l/index.html
  • http://www.huarenpt.net/123/bn6ode/9f566hy/index.html
  • http://www.huarenpt.net/123/67/y2i0/index.html
  • http://www.huarenpt.net/123/k1/z6dv/index.html
  • http://www.huarenpt.net/123/ec300/hum98/index.html
  • http://www.huarenpt.net/123/nf/el8uef/index.html
  • http://www.huarenpt.net/123/pgf/bv4xuy0/index.html
  • http://www.huarenpt.net/123/9/vw4ooj3/index.html
  • http://www.huarenpt.net/123/9ba/c51cy/index.html
  • http://www.huarenpt.net/123/f74/9n8ugfl/index.html
  • http://www.huarenpt.net/123/5zr/p6/index.html
  • http://www.huarenpt.net/123/16w0y/xb/index.html
  • http://www.huarenpt.net/123/u7qni/ssz67k/index.html
  • http://www.huarenpt.net/123/1e2/3w/index.html
  • http://www.huarenpt.net/123/r3a/8qnbwj/index.html
  • http://www.huarenpt.net/123/l7/klest0/index.html
  • http://www.huarenpt.net/123/3u5/d05k3jp/index.html
  • http://www.huarenpt.net/123/y8/e4e/index.html
  • http://www.huarenpt.net/123/w06a/k2y/index.html
  • http://www.huarenpt.net/123/mxt1y1/5sknlr/index.html
  • http://www.huarenpt.net/123/a7a/e5r/index.html
  • http://www.huarenpt.net/123/4r34n/bxd7/index.html
  • http://www.huarenpt.net/123/us/im5mon/index.html
  • http://www.huarenpt.net/123/akehl4/y259ss/index.html
  • http://www.huarenpt.net/123/tkw4a5/gvvs1e/index.html
  • http://www.huarenpt.net/123/7n2/i2c08vm/index.html
  • http://www.huarenpt.net/123/9/tvfiid/index.html
  • http://www.huarenpt.net/123/e5pu/i8b/index.html
  • http://www.huarenpt.net/123/pr93/mtatev/index.html
  • http://www.huarenpt.net/123/gavwjw/xr/index.html
  • http://www.huarenpt.net/123/uh/jq5i/index.html
  • http://www.huarenpt.net/123/3/0fil/index.html
  • http://www.huarenpt.net/123/yo5z/sdje1cg/index.html
  • http://www.huarenpt.net/123/cm151/7qa0nljb/index.html
  • http://www.huarenpt.net/123/gyj3tp/qzsah/index.html
  • http://www.huarenpt.net/123/1h/dcw1s/index.html
  • http://www.huarenpt.net/123/r80w29/lid7ies5/index.html
  • http://www.huarenpt.net/123/mbwutv/sq7mofk4/index.html
  • http://www.huarenpt.net/123/ran/fncwj/index.html
  • http://www.huarenpt.net/123/6lk/vko3uy/index.html
  • http://www.huarenpt.net/123/cpiqr/jb4o/index.html
  • http://www.huarenpt.net/123/gk6o/psm2khlz/index.html
  • 请选择 进入手机版 | 继续访问电脑版
     找回密码
     立即注册

    QQ登录

    只需一步,快速开始

    搜索

    非洲基础设施有多差?中资贡献有多大?

    2018-4-15 23:44| 发布者: Huarenpt| 查看: 4522| 评论: 0|来自: 观察者网

    界面新闻4月14日消息,美国波士顿大学全球发展政策中心3月初发布调查显示,中国国有开发银行去年向全球能源项目发放了256亿美元贷款,其中近三分之一(68亿美元)流向了非洲国家。实际上,不仅仅在能源领域,在非洲 ...

    界面新闻4月14日消息,美国波士顿大学全球发展政策中心3月初发布调查显示,中国国有开发银行去年向全球能源项目发放了256亿美元贷款,其中近三分之一(68亿美元)流向了非洲国家。实际上,不仅仅在能源领域,在非洲基础设施建设的各个领域,中国都发挥着举足轻重的作用。而随着角色加重,中国参与非洲基建也面临越来越多的新挑战。

    非洲基础设施有多差?

    “所有的相关利益方,无论政府、企业还是终端用户都一致赞同,撒哈拉沙漠以南非洲地区缺乏足够的基础设施,比如道路、电力等。”标准银行集团驻北京经济学家倪杰瑞(Jeremy Stevens)在接受界面新闻采访时称。

    据倪杰瑞介绍,受经济、政治、历史等诸多因素综合影响,这个居住着全球约七分之一人口的地区在几乎所有基础设施领域的表现都全球垫底。

    一方面,该地区在主要基础设施的数量上远远落后于其全球他发展中地区。世界银行去年4月发布的数据显示,在电信领域,该地区每1000人的固定、移动电话订阅数中值从1990年的3个大幅上升到2014年的736个。尽管如此,与其他发展中地区——南亚(807)、中东北非(1323)、拉丁美洲和加勒比地区(1240)、东亚太平洋地区(1444)相比仍存在不小差距。

    2015年,撒哈拉以南非洲每100人中的互联网用户中值数仅为16.7,而从每100人的固定宽带用户中值数来看,撒哈拉以南非洲仅有0.19,也远远落后于其他发展中地区。

    本文图片来自 界面新闻

    电力领域,截至2012年的近20年里,撒哈拉以南非洲的发电能力基本没有发生变化,平均每1000人0.04兆瓦(MW)的发电量不及南亚(0.15)的三分之一,也不到拉美和加勒比地区(2.3)的十分之一。

    另一方面,在基础设施的可获性方面,撒哈拉以南非洲也远远落后。从电力可获性(即能获得电的人口占总人口的比重)来看,1990-2014年间,撒哈拉以南非洲的电力可获得性翻了一倍多,从1990年的14%上升到2014年的35%,但仍落后于其他发展中地区。

    过去25年,该地区在安全水的获取方面有巨大进步。2015年,77%(中值)的人口能够获得安全的水,比1990年的51%(中值)有大幅提高。相比之下,其他发展中地区在2015年均超过90%。

    国际货币基金组织(IMF)非洲部部长塞拉西(Abebe Selassie)去年底在清华大学五道口金融学院发表演讲时指出,撒哈拉以南非洲在宏观经济领域面临三大挑战,第一大挑战就是基础设施建设落后。

    改善基础设施无疑将大大促进该地区的经济发展。世界银行的数据显示,缩小该地区与全球(撒哈拉以南非洲除外)在各基础设施领域质量(中值)与数量(中值)上的差距,该地区年人均国内生产总值(GDP)增速有望提高1.7个百分点。其中,缩小基础设施数量上的差距会让其人均GDP增速每年提高1.2个百分点,缩小质量上的差距会让其人均GDP增速每年提高0.5个百分点。而缩小该地区在基础设施上与全球表现最好地区之间的差距给其经济带来的好处将会更大,会使给地区人均GDP增速提高2.6个百分点。

    非洲基建有多少资金缺口?

    改善撒哈拉以南非洲基础设施需要投入大量资金,但由于该地区各国财政紧张,加上私人投资不足,目前基建仍存在大量资金缺口。世界银行去年4月的报告援引相关数据称,撒哈拉以南非洲未来10年(从2010年算起)每年的基建投资需求达930多亿美元,这相当于该地区2010年GDP(1.3万亿美元)的7%。而截至报告发布,该地区每年实际基建投资只有约450亿美元,也就是每年有约480亿美元的基建融资缺口。

    目前,政府的公共资金是撒哈拉以南非洲基建资金的主要来源,每年450亿美元左右的基建投资中,有一半多由政府提供。

    但按照全球标准来衡量,撒哈拉以南非洲政府在基建上的支出力度还远远不够。世界银行对该地区24个国家(占该地区GDP约70%)2009-2015年间在道路、水利、空中交通、电力、通信、卫生等基建领域的投资进行调查后发现,这些国家每年在基建上的公共资本支出占其GDP的比重估计为2%,世界银行援引相关的数据称,要满足全球发展中地区的基建需求,公共资金每年在基建上的支出占GDP的比重不能低于6%。

    政府与社会资本合作(public private partnership,以下简称PPP)是西方国家进行基建的一种流行模式,目前也被越来越多的非洲政府接受。

    倪杰瑞称,由私人投资者和商业银行提供资金修建独立发电厂(IPP)在许多非洲国家已经十分普遍,这在南非、肯尼亚等国家得到积极的发展。但是,对于不太发达的非洲国家来说,政府仍然需要提供“配套基础设施”来激励私有投资者,这些配套措施包括,法律和税收框架、能降低成本的关税政策,以及其他直接或者间接的政府支持。

    整体来看,PPP在撒哈拉以南非洲基建市场依然属于非常小的一股力量。世界银行的数据显示,1990-2015年间,该地区的PPP项目数量占全球新兴市场及发展中经济体PPP项目总数的比重在2%-12%之间。截至2015年,包括布隆迪在内的7个国家仍然没有PPP项目。

    “PPP模式是改善非洲基础设施建设的解决方案。释放市场的关键是政府提供强有力支持、有效的合作以及积极的参与。”倪杰瑞说。

    中资的贡献有多大?

    在国内公共资金短缺、私人投资不足的情况下,海外融资成为非洲基建的重要来源。从1970年代援助赞比亚修建坦赞铁路,到去年帮助肯尼亚完成蒙巴萨-内罗毕标轨铁路,中国已经成为非洲基建领域一支重要的力量。

    根据麦肯锡去年6月发布的报告,中国是撒哈拉以南非洲第一大基建投资海外融资国。中国向非洲基础设施投资的金额累计已达210亿美元,远高于非洲基础设施集团(成员包括世界银行、国际金融公司、欧洲执行委员会、欧洲投资银行、非洲开发银行和八大工业国组织)的投资总额,也远高于排名第二的法国(30亿美元)以及排名第三的日本(20亿美元)。

    2012-2015年,中国对非洲基建投资以每年16%的速度增长,为非洲许多大型基础设施建设开发提供了资金支持。比如,肯尼亚境内的蒙-内铁路造价38亿美元,其中来自中国进出口银行的资金超过九成。而乌干达卡鲁玛水电站造价17亿美元,中国各机构也合力为其提供了绝大部分经费。

    此外,中国工程建筑公司也积极直接参与非洲基础设施建设。麦肯锡的报告称,中国建筑承包商占据了非洲国际EPC(设计、采购、施工总承包)市场约50%的份额。非洲前十大国家EPC承包商中,有六家是中国企业——中国交通建设、中国中铁、中国水利水电建设、中国建筑工程、中国铁建与中信建设。

    中国在非洲的基建投资项目涉及铁路、高速公路、港口、油气田、发电厂,而欧美在非洲的基建投资大部分集中在能源和电力。中国企业的主要优势在于成本低廉以及项目交付速度快。麦肯锡的报告指出,过去30年,中国基础设施建设迅猛发展,催生了大量与国际同行相比具有成本优势的工程承包商。即使在由世界银行赞助的公开招标项目中,中资企业也是大赢家,中标率高达42%。一些非洲官员称,基建项目中,中国企业的竞争优势十分明显。另有官员透露,在相同资质实力条件下,中国企业的报价往往比第二低价还要低40%。

    “中企的优势是,建设速度快,质量高,而且很多方面的技术也不亚于西方国家,在很多国家评价很高,也很有竞争力。”一家驻埃塞俄比亚的中国工程公司项目经理白杨告诉界面新闻。

    中资的最大挑战是什么?

    浙江师范大学非洲研究所所长刘青海对界面新闻称,从企业层面来看,以前中国企业走出去面临的最大挑战是不熟悉国际通用的一些标准、规范,不了解当地市场情况,缺乏国际经营人才、安全问题、融资和财务问题、零配件及电力供应问题等。但经过多年在海外的摸爬滚打,这些现在对许多企业,特别是大型企业来说应该都不构成大的挑战了。

    她认为,总体来看,中国现在在非洲进行基础设施建设面临的最大挑战是如何进行跨文化管理,更好地适应乃至融入当地社会的问题。

    “例如,如何让当地的失业人员不认为是我们抢了他们的饭碗,让当地公司认为不是我们抢了他们的生意,让当地各级政府能够认为我们就是他们自己的公司。做到了这些才能让我们更好参与非洲的基础设施建设,更好地避免与当地方方面面的摩擦与冲突。”刘青海说。

    中国驻埃工程公司经理白杨说,在非洲开展工作最大的挑战,一是文化的差异比较明显,非洲大多数国家受西方文化影响较深,跟中国人思维方式差别较大,随着中国人在非洲开展各类业务增多,这些问题有了很大缓解,但还没从根本上改变。

    第二个挑战是非洲国家整体政治环境跟国内比差很多,管理落后和效率低的问题非常突出。在非洲国家办事,从高层到一般劳工的整体工作效率不高。

    第三个挑战是,非洲国家民众普遍受教育水平不高,这样虽然可以获得大批廉价劳动力,但往往也伴有技术人员比较缺乏的现象,主要技术人员都是从中国派遣,当地技术人员不好寻找和培养,这就增加了人力成本。

    此外,非洲国家工业发展水平落后,门类发展不齐全,其影响是,如果从事建筑行业,会面临原材料不足,都需要从中国或别国发运。此外,由于工业发展落后,大多数商品需要进口,再加上本国经济不够坚挺,受美元波动影响大,货币贬值风险高。对境外公司来说,会存在汇率风险。

    而从个人角度来讲,最大的问题就是人身和财产安全。白杨说,目前非洲大部分地区仍存在贫困问题,贫富差距大,贫困人口多。近几年,在非洲工作,从事各个行业的人多,中国人群体壮大就容易成为他们的目标。尤其是在很多国内局势混乱,治安不良,管理落后的国家。

    刘青海认为,除了指导督促我国企业把项目努力做好,让事实说话以外,中国政府应该加大对外宣传力度,让更多人了解我国参与非洲基础设施建设的政策和取得的成绩。此外,还要大力促进中非人文交流与合作,进行跨文化管理培训,帮助中国企业了解当地文化法律风俗,更好地适应及融入当地社会等。

    倪杰瑞建议,为了更好地为当地社会造福,中国公司今后应该提供更多的股权投资,并提供更多持久工程维护工作。

    (应采访者要求,文中白杨为化名。)

    「華人PT门户网」郑重声明:本则消息未经严格核实,也不代表本站观点,本站不承担任何法律责任。

    鲜花

    握手

    雷人

    路过

    鸡蛋
    广告位招商

    最新评论

    广告位招租:Puxinpt@gmail.com

    手机版|葡萄牙华人门户网站-華人PT  

    GMT, 2018-12-15 01:54 , Processed in 0.655200 second(s), 42 queries .

    Powered by Discuz! X3.4

    © 2001-2017 Comsenz Inc.

    返回顶部