China-Singapore Jingwei Client, February 20th (Wan Keyi) With the successive convening of the two provincial-level meetings of Hebei and Heilongjiang, the economic growth targets of 31 provinces in 2021 have been announced.
Hubei and Hainan have the highest GDP growth targets
A reporter from China-Singapore Jingwei found that most provinces set a GDP growth target for 2021 of more than 6%; among them, Hubei and Hainan set the highest GDP growth target of more than 10%.
Tibet, Guizhou, and Yunnan, the top three GDP growth rates in 2020, will target 9%, 8%, and 8% respectively in 2021.
Among the top ten provinces with total GDP in 2020, excluding Hubei, Henan, Sichuan, Fujian, and Hunan all have 2021 GDP growth targets exceeding 7%.
Specifically, the Hubei Provincial Government Work Report pointed out that the economy of Hubei Province will be severely damaged in 2020. This year, we must make every effort to return to normal. Not only must we make up for the loss, we must also strive to recover the due growth to ensure a good start. , Wonderful throughout the year.
A comprehensive analysis of the economic fundamentals and development trend of Hubei Province, taking into account last year's low base factors and potential growth rates, and setting the target of this year's economic growth at 10% or more is positive and enterprising, as well as strong support.
Pangu Think Tank academic committee member and economist Wan Zhe told the media that Hubei in 2020, especially in the first and second quarters, because the cause of the new crown epidemic is basically economic stagnation, so the base should be particularly low.
After the second half of the year, the second and third rounds of the global epidemic actually did not affect the central cities of China, so it is not surprising that Hubei has set such a maximum growth rate.
According to the Hainan Provincial Government Work Report, in 2021, Hainan will make good use of policies such as “mail delivery” for duty-free shopping on outlying islands, “off-island storage and return to the island” for residents of the island, and duty-free purchase of imported goods, and strive to achieve duty-free sales exceeding 60 billion. yuan.
Make good use of the "processing value-added" tax policy to form a batch of iconic industrial projects.
Make good use of the policies that have been introduced such as "zero tariffs", give play to the superposition effect of the policies, attract market players to settle in Hainan, and form an industrial cluster.
Vigorously expand new businesses such as offshore new international trade, international ship registration, bonded fuel bunkering, aircraft financial leasing, and aviation maintenance.
Many provinces raise their GDP growth targets
Judging from the 2021 GDP growth targets announced by 31 provinces, many provinces have been revised upwards from last year.
Among them, Hubei’s target was raised from about 7.5% last year to more than 10%; Shanxi’s target was raised from last year’s 6.1% to 8%, and Guangxi’s target was raised from last year’s 6%-6.5% to more than 7.5%. Xinjiang The target for Hainan was raised from about 5.5% last year to about 6.5%, and the target for Hainan was raised to more than 10% from about 6.5% last year.
New latitude and longitude in the data map, photo by Xiong Siyi
In addition, Shandong, Shaanxi, Guizhou, Jiangxi, Inner Mongolia and other places have the same GDP growth targets in 2021 as in 2020.
Hebei’s growth target in 2021 is 6.5%, and in 2020 it will be around 6.5%.
Hunan’s growth target for 2021 is over 7%, and the target for 2020 is around 7.5%.
Qinghai’s growth target for 2021 is 6% or more, and the target for 2020 is 6%-6.5%.
It is worth mentioning that Sichuan’s GDP growth target for 2021 is above 7%, last year it was “about 2 percentage points higher than the national average”; Yunnan’s 2021 GDP growth target was above 8%, last year it was “higher than the national average. ".
The Sichuan Provincial Government Work Report mentioned that Sichuan-Chongqing collaboration will be strengthened.
Fully implement the "Outline of the Construction Plan for the Chengdu-Chongqing Double-City Economic Circle" and the joint implementation plan, strengthen the coordination of plans and policies, and issue 4 implementation opinions and 7 special plans or action plans for Sichuan Province.
Highlight support and leadership, jointly promote major projects, build major platforms, jointly grasp major reforms, and jointly seek major policies, and coordinate to promote transportation construction, industrial development, technological innovation, opening up, adjacent cooperation, ecological construction, and public services to make breakthroughs .
Support market entities and social organizations in Sichuan and Chongqing to strengthen docking and cooperation, and broadly build consensus and joint efforts.
The fundamentals of China's long-term economic improvement have not changed
Regarding economic growth in 2021, the International Monetary Fund's "World Economic Outlook Report" released on January 26 local time predicted that the global economy will grow by 5.5% in 2021 and the Chinese economy will grow by 8.1%.
Ning Jizhe, director of the National Bureau of Statistics, previously stated at a press conference that, judging from the situation in 2021, there are many favorable factors supporting the stable recovery of China's economy, and the Chinese economy has a foundation and conditions to continue its steady recovery.
He said: "Although the current epidemic prevention and control is still under great pressure for'external defense import and internal defense rebound', the fundamentals of my country's long-term economic growth have not changed and are emerging."
Zhang Yuxian, director of the Economic Forecasting Department of the State Information Center, also believes that the continued upward trend of China's economy will not change.
Zhang Yuxian pointed out that China has abundant labor resources and capital, and its scientific and technological innovation capabilities have been steadily and substantially improved. The supply of high-quality factors is a solid foundation for maintaining a stable economy; a complete industrial system and strong production capacity are a significant base for ensuring a sound economy. Color; developed infrastructure network and logistics system are strong support to ensure the sound operation of the economy; 1.4 billion people and more than 400 million middle-income groups, as well as the differences between urban and rural areas, east, middle and west, provide us with a huge domestic The market and broad room for maneuver.
(Zhongxin Jingwei APP)
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