China-Singapore Jingwei Client, August 1st (Feng Fang) As of now, the GDP data of 31 provinces in the first half of 2021 have been released.
In terms of total volume, Guangdong and Jiangsu have entered the "5 trillion club"; in terms of growth rate, 26 provinces achieved double-digit growth, 10 provinces outperformed the country in growth rate, and Hubei ranked first in growth rate.
Guangdong and Jiangsu enter the "5 trillion club"
In terms of economic aggregates, Guangdong continues to hold the top spot, and the top three positions in Guangdong, Jiangsu, and Shandong remain unchanged.
In terms of grading, Guangdong and Jiangsu's GDP in the first half of the year was in the first echelon, both ranked among the "5 trillion clubs". Among them, Guangdong was 5,722.631 billion yuan and Jiangsu was 5,519,963 million yuan.
The "3 trillion club" also has two provinces, namely Shandong and Zhejiang.
Among them, Shandong's GDP approached 4 trillion in the first half of the year, reaching 3,890.635 billion yuan, followed by Zhejiang with 3,455.6 billion yuan.
In addition, seven provinces including Henan, Sichuan, Fujian, Hubei, Hunan, Anhui, and Shanghai had a GDP of 2 trillion in the first half of the year.
From the perspective of economic aggregate rankings, Hubei followed Hunan in the first quarter. In the first half of the year as a whole, Hubei achieved overtake and ranked eighth in the country.
It is worth mentioning that Beijing’s GDP reached 1922.8 billion yuan in the first half of the year, which is only a thin line from entering the “2 trillion club”.
Photograph by Xiong Siyi, the new latitude and longitude in the data map
26 provinces have double-digit growth, Hubei has the first growth rate
In terms of GDP growth, in the first half of the year, the national GDP growth rate reached 12.7% year-on-year. According to the province, 26 provinces have achieved double-digit GDP growth rates.
Among them, Hubei (28.5%), Hainan (17.5%), Beijing (13.4%), Zhejiang (13.4%), Jiangsu (13.2%), Guangdong (13.0%), Anhui (12.9%), Jiangxi (12.9%), Ten provinces including Shandong (12.8%) and Chongqing (12.8%) outperformed the whole country, while Shanghai (12.7%) was the same as the national growth rate (12.7%).
Specifically, Hubei's GDP growth rate in the first half of the year ranked first, as high as 28.5%.
In this regard, the Hubei Provincial Statistics Bureau stated that since this year, Hubei's economy has recovered rapidly and steadily, the quality and efficiency of development have continued to improve, and qualified "interim volumes" have been submitted.
The economic recovery has accelerated, and the three industries have improved in an all-round way. The added value of the three industries accounted for 6.8%, 41.5%, and 51.7% of GDP, respectively.
In addition, Hebei, Liaoning, Xinjiang, Qinghai, and Tibet ranked the bottom in GDP growth in the first half of the year, and none of them reached double digits, with 9.9%, 9.9%, 9.9%, 9.1%, and 9.1%, respectively.
New Jingwei photo by Xiong Jiali in the data map
Tibet's two-year average growth rate tops the list
On the other hand, in order to reflect economic growth more objectively, each province has announced the two-year average growth rate of GDP in the first half of the year.
According to reports, the two-year average growth rate refers to the growth rate calculated using the geometric average method based on the corresponding period in 2019.
In terms of two-year average growth rate, Tibet (7.1%), Hainan (7.0%), Jiangsu (6.9%), Zhejiang (6.8%), Jiangxi (6.7%), Guizhou (6.7%), Anhui (6.6%), Chongqing (6.6%), Hunan (6.4%), Guangxi (6.3%), Sichuan (6.2%), Fujian (6.2%), Shandong (6.1%), Yunnan (6.1%), Ningxia (6.1%), Gansu ( 5.9%) and other 16 provinces whose growth rate outperformed the national level of 5.5%.
Except for Gansu, the average two-year growth rate of the other 15 provinces is above 6%.
It is worth noting that although Tibet ranked low in GDP growth in the first half of the year, its two-year average growth rate ranked first among all provinces.
In the first half of the year, Tibet’s GDP reached 92.605 billion yuan, of which the added value of the primary industry was 4.701 billion, a year-on-year increase of 2.0%; the added value of the secondary industry was 33.694 billion yuan, a year-on-year increase of 4.1%; the added value of the tertiary industry was 54.209 billion yuan, a year-on-year increase 13.0%.
In addition, the average two-year GDP growth rate of Hainan in the first half of the year ranked second in the country. It is worth noting that although the GDP growth rate of Hainan in the first half of the year is not as good as that of Hubei, it is also significantly higher than that of other provinces, reaching 17.5%.
Hainan Provincial Bureau of Statistics pointed out that in the first half of the year, the province’s economy continued to develop well on the basis of achieving a “good start” in the first year of the 14th Five-Year Plan. Major economic indicators such as GDP, fixed asset investment, and total retail sales of consumer goods maintained rapid growth. .
All cities, counties, and departments across the province have accelerated the construction of a free trade port with Chinese characteristics, the economic operation is steadily improving, the development momentum continues to increase, and the quality and efficiency are steadily improved.
On July 15, the State Information Office held a press conference on the operation of the national economy in the first half of 2021.
Liu Aihua, spokesperson for the National Bureau of Statistics and Director of the Department of Comprehensive Statistics of the National Economy, said that from the published data, the economy continued to recover steadily in the first half of this year, the supply and demand cycle was smooth, and the fundamentals laid a good foundation for economic operations in the second half of the year.
Judging from the factors affecting the economic trend in the second half of the year, the factors supporting the further recovery and improvement of the economy on the whole are gradually accumulating and increasing.
(Zhongxin Jingwei APP)
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