(Original title: 31 provinces, 2018 GDP: 18 land growth rate to win the country, Guangxi total catch up with Tianjin)
Zhongxin Jingwei Client January 31st As the provinces of the country entered the local "two sessions", the 2018 economic "transcripts" were also announced. In terms of economic aggregates, both Guangdong and Jiangsu were promoted to members of the “9 trillion clubs” and Tianjin was overtaken by Guangxi. In terms of economic growth, the GDP growth rate of 18 provinces exceeded the national growth rate, and Tibet ranked first with a growth rate of 10%. .
GDP growth rate: 18 provinces surpass the national western provinces to take the top three
As of January 30, 2019, the GDP growth rate of 2018 in 31 provinces across the country has been fully announced. In 1818 provinces such as Tibet, Guizhou, Yunnan, Jiangxi, Fujian, Shaanxi, Anhui, Sichuan, Hubei, Hunan, Henan, Qinghai, Zhejiang, Ningxia, Guangdong, Guangxi, Jiangsu, and Shanxi, the GDP growth rate in 2018 exceeded the national level. The growth rate of Hebei, Shanghai and Beijing is the same as that of the whole country.
Among them, Tibet is the only one with a GDP growth rate of 10% in 2018, which is the highest in the country and the only province in the country with a double-digit GDP growth rate. In 2017, Guizhou ranked first in the country with the growth rate of GDP. In 2018, it ranked second with a growth rate of 9.1%.
In 2018, Tianjin ranked last with a GDP growth rate of 3.6%, Jilin ranked second to last with a growth rate of 4.5%; Inner Mongolia ranked third, with a growth rate of 5%. As early as 2017, Tianjin and Inner Mongolia's GDP has slowed significantly due to GDP “squeezing water”: Tianjin's GDP growth rate slowed from 9% in 2016 to 3.6% in 2017; GDP growth in Inner Mongolia in 2017 is 2016. The 7.2% slowed to 4%.
Compared with 2017, the GDP growth rates of the three provinces of Gansu, Liaoning, Inner Mongolia, Shaanxi and Fujian have all rebounded. Among them, Gansu's GDP growth rate increased from 3.6% in 2017 to 6.3% in 2018, a substantial increase of 2.7 percentage points, ranking eight places.
From the perspective of regional pattern, the economic growth rate in the eastern and central regions is stable, and the growth rate in the western region continues to lead. Tibet, Guizhou and Yunnan, which ranked the top three in terms of GDP growth in 2017, are located in the western region. The economic growth rate of the three northeastern provinces is still low, and the top three provinces in the top five counties of GDP growth are listed. In addition to Liaoning's 2018 GDP growth rate rebounded, Jilin and Heilongjiang's GDP growth rate fell compared with 2017.
Total GDP: Guangdong, Jiangsu broke 9 trillion yuan Guangxi overtook Tianjin
Data Map New Jingwei Xiong Jiali Photograph
In 2018, the total GDP of the country exceeded the 90 trillion yuan mark for the first time, reaching 900.30 billion yuan (RMB, the same below). At the local level, the economic aggregates of many provinces have also reached a new level.
As of January 30, 2019, except for the three provinces of Heilongjiang, Jilin and Xinjiang (only GDP growth was announced), the total GDP of the remaining 28 provinces in 2018 has been released. The total GDP of Guangdong, Jiangsu, Shandong, Zhejiang, Henan, Sichuan, Hubei, Hunan, Hebei, Fujian, Shanghai, Beijing and Anhui 13 has exceeded the 3 trillion yuan mark, two more than in 2017.
In 2018, both Guangdong and Jiangsu were promoted to members of the “9 trillion clubs”. Among them, Guangdong's GDP in 2018 reached 9.73 trillion yuan, approaching 10 trillion yuan, ranking first; Jiangsu followed closely, with GDP reaching 9.26 trillion yuan in 2018. However, compared with 2017, the gap between the total GDP of Guangdong and Jiangsu has widened.
The third-ranked Shandong GDP in 2018 is 7.65 trillion yuan, and the fourth-ranked Zhejiang 2018 GDP is 5.62 trillion yuan, which is the only member of the current 7 trillion clubs and 5 trillion clubs.
The “4 trillion clubs” also ushered in new members. In 2018, the total GDP of Sichuan Province reached 4.07 trillion yuan, breaking through 4 trillion yuan for the first time. The “4 trillion club” members also have Henan. In 2019, the total GDP of Henan Province reached 4.81 trillion yuan, only one step away from 5 trillion yuan.
It is worth noting that in 2018, Beijing's GDP reached 3.03 trillion yuan, breaking through 3 trillion yuan for the first time, becoming China's second city that crossed the 3 trillion threshold.
Following the above 13 provinces and cities, Liaoning, Shaanxi, Jiangxi, Chongqing, Guangxi and other five places ranked "2 trillion clubs" in 2018, two fewer than in 2017.
In addition, there are still five provinces that have not yet broken through 1 trillion in 2018, namely Gansu, Hainan, Ningxia, Qinghai and Tibet. Among them, Tibet has a total GDP of 140 billion yuan.
Compared with 2017, the total GDP ranking in 2018 has also changed. Hunan surpassed Hebei to rank eighth, and Guangxi surpassed Tianjin to leap to the 18th.
This year's GDP growth target: nearly half is set to the interval value
In addition to Shandong Province, which has not yet held local conferences, 30 provinces have announced their GDP growth targets for 2019 as of January 30, 2019, and most provinces have been downgraded. Among them, Chongqing has the largest downward adjustment. The GDP target for this year is around 6%, which is 2.5 percentage points lower than the target of 8.5% last year. It is worth noting that Chongqing's GDP growth rate in 2018 was only 6%, a sharp drop of 3.3 percentage points from 2017.
In addition, Xinjiang has lowered 1.5 percentage points and Heilongjiang has lowered 1 percentage point. According to the government work report released by the two provinces, it is estimated that the GDP of Xinjiang in 2018 will increase by about 6%, and the GDP of Heilongjiang in 2018 will be around 5%.
Another noteworthy feature is the target GDP growth rate in 14 provinces including Fujian, Jiangxi, Anhui, Hubei, Hunan, Shaanxi, Henan, Hainan, Qinghai, Ningxia, Guangdong, Beijing, Shanghai and Jilin in 30 provinces. They are expressed in terms of intervals, and this expression is very rare in the 2018 report on local government work.
In addition, Hainan's target GDP growth rate has been adjusted from 7% in 2018 to 7%-7.5% in 2019. Hubei's target GDP growth rate has been adjusted from 7.5% in 2018 to 7.5%-8% in 2019. The upper limit of the two interval values is higher than the provinces raised in 2018.
However, Hainan's GDP growth rate in 2018 is only 5.8%, lower than the previous target of 7%, and lower than the growth rate in 2017. Bao Hongwen, director of the Hainan Provincial Bureau of Statistics, said that this is a difficult process that Hainan’s economy must bear to reduce its dependence on real estate and is the result of active regulation. The impact of the real estate industry's active regulation and control policies on the economy will weaken in 2019. At the same time, the introduction of the headquarters economy will become a favorable factor for stimulating the economy. It is expected that Hainan's economic and social indicators will continue to improve in 2019.
Xu Hongcai, deputy chief economist of China International Economic Exchange Center, told the Zhongxin Jingwei client that the target within the reasonable range is more scientific, reflecting the flexibility and flexibility of the policy. On the one hand, it ensures that the growth rate is not lower than the bottom line. On the other hand, the ceiling means that it is not very dry, and that the GDP is not high by a strong economic stimulus.
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