"Trillion GDP Club" 17 cities in the first quarter economic inventory: Nanjing's economy is growing

  Including municipalities directly under the Central Government, China currently has 17 cities with GDPs of over RMB 1 trillion, including Shanghai, Beijing, Shenzhen, Guangzhou, Chongqing, Suzhou, Wuhan, Chengdu, Hangzhou, Tianjin, Nanjing, Qingdao, Wuxi, Changsha, Ningbo, Zhengzhou, and Foshan. They are also known as members of the "Trillion GDP City Club".

  As of April 30, all of the 17 cities except Changsha in Hunan and Zhengzhou in Henan have announced their economic operations in the first quarter of 2020. Surging News (www.thepaper.cn) reporters sorted out and found that Nanjing, Jiangsu is the only city under the influence of the epidemic to maintain positive economic growth.

Economic operation of the first quarter of 17 cities

  In terms of total volume, Beijing and Shanghai are far ahead, with Shenzhen and Guangzhou in Guangdong, Nanjing and Suzhou in Jiangsu, Hangzhou, Zhejiang and other eastern coastal cities, and Chengdu and Chongqing in the western core in the second echelon. Tianjin, Qingdao, Wuxi, Ningbo, Foshan and other cities are below 300 billion yuan.

  In terms of growth rate, Guangzhou and the national economic growth rate were flat at -6.8%, Nanjing, Chengdu, Hangzhou, Wuxi, Chongqing, Beijing, Shenzhen and Shanghai were higher than the national growth rate, while Ningbo, Qingdao, Foshan, Suzhou, Tianjin and Wuhan were lower Growth rate in the country.

  Nanjing, Jiangsu is the only city among the members of the "Trillion GDP City Club" that has achieved positive economic growth in the first quarter. It is particularly prominent under the unprecedented impact of the sudden new crown epidemic on the national economic development.

  According to official Nanjing statistics, in the first quarter, the added value of the first industry was 4.056 billion yuan, a decrease of 0.8%, the added value of the second industry was 106.194 billion yuan, an increase of 0.1%, and the added value of the tertiary industry was 214.491 billion yuan, an increase of 2.6%. It can be seen that stabilizing the secondary and tertiary industries is an important factor in stabilizing economic growth.

  According to Nanjing officials, its good resilience and steady posture of economic development in the first quarter "benefited from the precision and power of resuming production."

  The "Nanjing release" introduction stated, "Nanjing's work started in the first quarter and the production and production were resumed well. On the night of New Year's Eve, more than 7,000 grassroots cadres and police were organized in 1241 communities to effectively investigate more than 11,000 people who have traveled to Wuhan. Key personnel, the first to implement the closed management of communities and villages, and then fully implement the "epidemic prevention +" wartime working mechanism, steadily and steadily promote urban recovery, and the economic and social operation order that is compatible with epidemic prevention and control is established in the first place. . "

  The resumption of production and production was timely, and the results were reflected in economic data. In March, Nanjing ’s main economic indicators began to pick up significantly, industrial production returned to the same level as in previous years, and manufacturing and non-manufacturing PMIs were above the gloom line. Among them, the growth rate of industrial added value reached 12.5% ​​in March. A number of emerging industries have grown against the trend, such as the output of industrial robots, electronic components, and integrated circuits increased by 58.3%, 25.8%, and 80.4%, respectively.

  In addition, Nanjing is also the first city in the country to announce the issuance of consumer vouchers to boost consumption under the current epidemic. On March 13, Nanjing announced that it will issue a total of 318 million yuan worth of consumption vouchers, mainly including catering consumption vouchers, sports consumption vouchers, book consumption vouchers, rural tourism consumption vouchers, information consumption vouchers, consumption vouchers for people in need, and union member consumption 7 categories including coupons.

"Trillion GD Club" city economic growth rate in the first quarter of 2020

  Relatively speaking, Sichuan Chengdu and Zhejiang Hangzhou are less affected in terms of growth rate. Among them, Chengdu's total imports and exports in the first quarter amounted to 139.82 billion yuan, a year-on-year increase of 14.1%, and the growth rate ranked second in the sub-provincial cities. Imports and exports increased by 27.7% and 3.0% respectively. The import and export volume of Chengdu Hi-tech Comprehensive Bonded Zone ranked first in the comprehensive bonded zone of the country for 24 consecutive months. The cross-border e-commerce transaction volume of Chengdu International Railway Port exceeded the one million mark for the first time, an increase of nearly 21 times.

  The highlight of Hangzhou's economy in the first quarter was the digital economy. In the first quarter, the value added of Hangzhou's digital economy core industry was 81.8 billion yuan, an increase of 6.1%, accounting for 24.2% of GDP. Software and information services, digital content and other related industries bucked the trend, growing 10.1% and 8.0% respectively.

  The growth rate was lowest in Wuhan, which was most affected by the epidemic, and Wuhan did not announce its total GDP for the first quarter. Specifically, the added value of its primary industry decreased by 36.4%; the added value of its secondary industry decreased by 45.4%; the added value of its tertiary industry decreased by 37.7%. But overall, in the first quarter, the epidemic inevitably brought a certain impact on Wuhan's economic development, but the impact was concentrated in the short-term and was generally controllable.

  In terms of industry, in the first quarter, the value added of Wuhan Jingshang Industry decreased by 39.7% over the same period of the previous year. Among them, the decline in March was 53.7%, which was narrower than that in February by 19.1 percentage points. It is worth mentioning that in Wuhan's 38 industry categories, 37 industries have declined year-on-year, but one industry has maintained positive growth-the tobacco product industry grew by 9.2%, the growth rate is 48.9 percentage points higher than the regulation industry.

  With the exception of Wuhan, Tianjin has the lowest growth rate, and its GDP in the first quarter fell by 9.5% year-on-year. Tianjin's primary, secondary, and tertiary industries have declined significantly: the value added of the primary industry has dropped by 11.5% year-on-year; the value added of the secondary industry has dropped by 17.7% year-on-year; In the first quarter, the sales area of ​​newly built commercial housing in Tianjin was 1,306,100 square meters, a year-on-year decrease of 45.5%.

  In addition, Suzhou, Ningbo, Foshan and other cities with large foreign trade and foreign investment account for the relatively low growth rate. Among them, Ningbo ’s total foreign trade imports and exports totaled 184.22 billion yuan in the first quarter, down 10.3% year-on-year, of which exports were 114.81 billion yuan, down 11.8%; imports were 69.41 billion yuan, down 7.6%.

  Surging News Reporter Han Shengjiang