30 provinces have announced their GDP for the first half of the year: Guangdong, Sulu and Lu are among the top three, and 16 provinces are growing
Sino-Singapore Jingwei Client, July 26 (Xiong Siyi) As of July 25, apart from Heilongjiang, 30 provinces across the country disclosed their gross domestic product in the first half of 2020. Guangdong, Jiangsu, and Shandong are among the top three, 16 The provincial growth rate is positive, better than the national level of -1.6%.
Guangdong Sulu firmly ranks in the top three
Although the sudden epidemic pressured the economy, the status of the top provinces is difficult to shake. The three provinces of Guangdong, Jiangsu, and Shandong are firmly in the top three. In the first half of the year, GDP was 4,923.42 billion, 4,672.292 billion and 3,302.58 billion. The three "2 trillion clubs" members of Zhejiang, Henan, and Sichuan still followed closely behind, ranking stable at 4-6 in the country.
Shanghai unexpectedly fell into the top ten. In the first half of the year, its GDP fell by 2.6% year-on-year to RMB 173.68 billion, a decrease of 4.1 percentage points from the first quarter. The Shanghai Municipal Bureau of Statistics pointed out that, on the whole, Shanghai's economy gradually overcome the adverse effects of the epidemic in the first half of the year, and its economic operation showed a recovery growth and steady recovery. At the same time, we must also see that some indicators are still falling, the losses from the impact of the epidemic still need to be made up, and the foundation for sustained economic recovery still needs to be further consolidated.
Anhui Province once again appeared in the top ten camp after the first quarter of 2020, and the ranking rose by one to 9th. Xiao Zhiying, spokesperson for the Anhui Provincial Bureau of Statistics, said that since the beginning of this year, the province's economic operation has turned from a decline to an increase, and has been recovering steadily. Especially since the second quarter, positive changes have increased significantly.
Tibet's GDP growth rate is the first
According to data from the National Bureau of Statistics, in the first half of the year, my country's GDP was 4,566.1 billion yuan, which is 1.6% lower than the same period last year at constant prices. Comparing this data, 22 provinces outperformed the whole country. Among them, 16 provinces achieved positive GDP growth in the first half of the year, and the Tibet Autonomous Region's economic indicators growth rate was particularly impressive.
According to the "People's Daily", in the first half of this year, the Tibet Autonomous Region achieved a GDP of 83.838 billion yuan, a year-on-year increase of 5.1%. At the same time, Tibet’s total telecommunications business volume in the first half of the year was 16.76 billion yuan, a year-on-year increase of 66.1%, which was 37.4 percentage points higher than the national average growth rate.
Not only that, the Statistics Bureau of the Tibet Autonomous Region disclosed that from January to June 2020, real estate development investment in the region increased by 56.1% over the same period of the previous year, and fixed asset investment in the region increased by 18.5% over the same period last year, while the national data for the same period only increased. 1.9% and a decrease of 3.1%.
In fact, in the first quarter of this year, when the national economy experienced negative growth due to the impact of the epidemic, among all other provinces in mainland China, only Tibet maintained positive growth against the trend. Duoji Zhandu, deputy director of the Tibet Autonomous Region Statistics Bureau, analyzed at the end of April that since the outbreak of the new crown pneumonia, the primary and secondary industries have been affected, but they have maintained a year-on-year growth trend. In addition, before the outbreak of the epidemic in January, Tibet's economic development was growing steadily. In addition, Tibet had only one confirmed case of new coronary pneumonia before, and normal production and life began to gradually resume in March.
Hubei's economy rebounded strongly in the second quarter
Comparing the economic performance data in the first quarter, the economies of 30 provinces all rebounded to varying degrees. The economic rebound in Hubei, Xinjiang, Chongqing, Anhui, Henan, Jilin, Zhejiang and other provinces was the most obvious. The GDP growth rate in the first half of the year increased by more than 6 percentage points compared with the first quarter.
Among them, the GDP of Hubei in the first half of the year was 1,748.051 billion yuan, a year-on-year decrease of 19.3% based on comparable prices, and the rate of decline narrowed by 19.9 percentage points compared with the first quarter. The Hubei Bureau of Statistics stated that “the economic and social development of the province has experienced a full decline from the'holding the pause' in the first quarter to a strong rebound in the second quarter's'resumption and recovery'. The decline in economic indicators has continued to narrow...The overall recovery of economic operations has continued to improve."
It is worth noting that when interpreting the province's economic data in the first half of the year, the Hubei Provincial Statistics Bureau mentioned that new industries, new business forms and new models have stimulated new momentum for revitalization. According to reports, 34 central enterprises signed 72 projects in Hubei in the first half of the year, with a total investment of 327.7 billion yuan, mainly in the fields of new energy, ecological and environmental protection, intelligent manufacturing, and information technology. In June, the added value of the province's high-tech manufacturing industry increased by 8.8%, 6.8 percentage points faster than the growth rate of all regulated industries. The output of high-tech products, microcomputers, optical fibers, and lithium-ion battery products increased by 17.8%, 10.8% and 48.5% respectively.
Not only Hubei, but the Anhui Provincial Bureau of Statistics also mentioned that the momentum of emerging areas has increased when evaluating the economic performance of the province in the first half of the year. The bureau pointed out that new industries have grown rapidly, and the output value of strategic emerging industries has increased by 8%, which is 7 percentage points faster than that of all industries; the operating income of the information service industry has increased by 7%, driving the growth of the regulated service industry by 1.8 percentage points.
In addition, the Chongqing Bureau of Statistics disclosed that in the first half of the year, investment in infrastructure "two new and one heavy" projects has accelerated significantly. The investment in information transmission and information technology services, which mainly focus on the construction of 5G, data centers, and industrial Internet platforms, has increased by 1.6 times year-on-year. Increased by 13.3%, investment in water conservancy management industry increased by 5.2%, an increase of 46.1, 14.0, and 7.9 percentage points respectively over the first quarter.
Looking ahead, Liu Aihua, a spokesperson for the National Bureau of Statistics, said that from the recovery of various economic indicators in the first half of the year, especially the second quarter, the continued economic recovery in the second half of the year is supportive. First, the steady economic recovery in the first half of the year laid a solid foundation for the continued recovery in the second half of the year; second, many new industries, new business models and new models were spawned during the epidemic, which will continue to provide strong support for the economic recovery; third, the macro policy effect will Further revealed.
However, Liu Aihua also emphasized that the current overseas epidemic is still spreading rapidly, the world economy is struggling to restart, the recovery of domestic demand is still subject to certain constraints, and the pressure to stabilize enterprises and ensure employment is still relatively high. Therefore, we must adhere to the bottom line thinking, fully understand the wide range, complexity, and continuity of the impact of the epidemic, focus on the "six stability" work, implement the "six guarantees" task, pay close attention to policy implementation, and strive to complete the annual economic and social development Goal task. (Zhongxin Jingwei APP)
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