Sino-Singapore Jingwei Client, October 31 (Xiong Jiali) On October 30, Shanghai released the GDP data for the first three quarters of 2020. So far, the economic "transcripts" of 31 provinces across the country have been released.
In terms of total volume, Guangdong, Sulu and Lu are among the top three; in terms of growth rate, 26 provinces turned positive, and Tibet performed best, with a growth rate of 6.3%, 5.6 percentage points higher than the national growth rate.
Guangdong Sulu ranks in the top three
In the first three quarters, the total GDP rankings of the three provinces of Guangdong, Jiangsu and Shandong were the same as in the first half of the year, ranking among the top three.
Among them, Guangdong's GDP was 7,839.707 billion yuan, a year-on-year increase of 0.7%.
The added value of the primary industry was 326.042 billion yuan, a year-on-year increase of 3.0%; the added value of the secondary industry was 3,066.55 billion yuan, a year-on-year decrease of 0.8%; the added value of the tertiary industry was 4448.015 billion yuan, a year-on-year increase of 1.7%.
The Guangdong Provincial Bureau of Statistics stated that, on the whole, Guangdong’s economic operations continued to recover steadily in the first three quarters, but we must be soberly aware that the international environment is still complex and severe, with more instability and uncertainty, and there are some epidemics in the autumn and winter seasons. Repeatedly, it will have a certain impact on the steady recovery of the economy.
In the next stage, the province must effectively implement the policy of benefiting enterprises, actively expand market demand, give full play to the potential of domestic demand, cultivate new drivers of economic growth, and maintain stable and healthy economic and social development.
Zhejiang's GDP is 4582.6 billion yuan, ranking fourth.
The total GDP of the three provinces of Henan, Sichuan, and Fujian exceeded 3 trillion yuan in the first three quarters, and the total GDP of the six provinces including Hunan, Hubei, Anhui, Shanghai, Hebei, and Beijing exceeded 2 trillion yuan, of which Hunan and Hubei were 3 trillion yuan away. The mark is only one step away, and the total GDP is 297.059 billion yuan and 2.97942 billion yuan respectively.
26 provinces growth rate turned positive
In the first three quarters of 2020, China's GDP was 7,22786 billion yuan, a year-on-year increase of 0.7% at comparable prices.
In terms of industries, the added value of the primary industry was 4,812.3 billion yuan, a year-on-year increase of 2.3%; the added value of the secondary industry was 2,74267 billion yuan, an increase of 0.9%; the added value of the tertiary industry was 40,397 billion yuan, an increase of 0.4%.
In terms of provinces, the Sino-Singapore Jingwei client combed and found that among the 31 provinces, except for 5 provinces including Tianjin, Shanghai, Liaoning, Inner Mongolia, and Hubei, the growth rate of 26 provinces turned positive.
Among them, 23 provinces grew faster than the whole country, with Tibet, Heilongjiang and Guizhou taking the top three.
Data map.
Photo by Xiong Siyi, China-Singapore Jingwei
In the fourth quarter, the economy has conditions to maintain its recovery momentum
Will the economy recover faster in the fourth quarter?
What will be the economic trend throughout the year?
Liu Aihua, spokesperson for the National Bureau of Statistics and Director of the Department of Comprehensive Statistics of the National Economy, said that the economy continued to recover steadily in the first three quarters, with a growth of 4.9% in the third quarter.
Judging from various factors, the fourth quarter of this year and even the whole year have the foundation, conditions, and confidence to maintain the current situation.
CCTV special commentator Yang Yu pointed out that in the first three quarters of this year, China's economy has achieved a stable recovery thanks to its efforts in overall planning and its own tenacity.
In the next stage, we must firstly prevent and control the epidemic, and do not relax; secondly, we must guarantee the bottom line, and we must not relax our efforts to provide targeted assistance to enterprises and disadvantaged groups.
Yang Yu said that the current global epidemic is still spreading, and the impact of the epidemic on the world economy continues.
At present and in the next stage, our Chinese economy continues to develop, and the external environment we face is still full of instability and uncertainty.
In this case, we must not only hold the bottom line well, but also make more pioneering efforts in building a new development pattern.
(Zhongxin Jingwei APP)
All rights reserved by Sino-Singapore Jingwei. Without written authorization, no unit or individual may reprint, extract and use in other ways.