Surging News (www.thepaper.cn) sorted out that as of now, 25 provinces across the country have published GDP-related data for the first quarter of this year.
Among the 25 provinces, the total GDP in the first quarter of this year exceeded 2 trillion yuan, which is the same as last year. They are still Guangdong and Jiangsu; the current provinces with more than 1 trillion yuan are Guangdong, Jiangsu, Henan, and Sichuan. Due to the epidemic, Hubei, whose GDP reached the trillion yuan mark in the first quarter of last year, was 637.935 billion yuan in the first quarter of this year, a decrease of nearly 40% year-on-year.
From the perspective of GDP growth, among the 25 provinces, except Hubei and Tianjin, the growth rate of 23 provinces exceeded the national first-quarter data of -6.8%. Among them, Xinjiang's GDP growth rate in the first quarter temporarily ranked first in the country, down 0.2% year-on-year, and the growth rate was 6.6 percentage points higher than that of the country. In addition, Hunan, Guizhou, Qinghai, Ningxia and other provinces, the GDP growth rate in the first quarter was higher than -3%.
In the first quarter of Hubei province, the GDP of the whole province was 637.935 billion yuan, which was calculated by comparable prices, a decrease of 39.2% over the same period of the previous year, and GDP growth ranked last.
On April 21, the Hubei Provincial Statistics Bureau released the "Hubei Economic Operation in the First Quarter of 2020" mentioned that in the first quarter, the epidemic inevitably brought a certain impact on economic development, but the impact was concentrated in the short-term and overall controllable. Since the epidemic prevention and control situation has continued to improve since March, and various macro policies have been introduced successively, the environment for the recovery of the province after the epidemic has continued to improve. The fundamentals of the long-term economic improvement have not changed. (Peng Mei journalist Gao Yuting)