＂Card Battle＂ in the trillion city in the middle of the year: Why is this city the

Source: China News Weekly

Author: Sun Xiaobo

China ’s 24 GDP“ trillion cities ”in the first half of the year’ s economic “transcripts” have been announced one after another except Changsha and Zhengzhou.

Among them, Shanghai's GDP (GDP) in the first half of the year (GDP) was 2139.017 billion yuan (RMB, the same below). Based on comparable prices, it increased by 9.7%year -on -year.

In the first half of last year, affected by the epidemic, Shanghai GDP was surpassed by Beijing.In the first half of this year, Beijing GDP was 206.2130 billion yuan, an increase of 5.5%year -on -year.Among the trillion cities sequences, Beijing's total economic volume ranked second, but for the first time, he stood up to 2 trillion yuan in the first half of the year.

In the first half of this year, except Shanghai and Beijing, Shenzhen (1629.76 billion yuan), Chongqing (1434.595 billion yuan), Guangzhou (1413.069 billion yuan), Suzhou (1145.84 billion yuan), Chengdu (1070.55 billion yuan), Hangzhou (Hangzhou ()960.2 billion yuan), Wuhan (950.333 billion yuan), and Nanjing (831.692 billion yuan) continued to rank among the top ten. Among them, Hangzhou and Wuhan ranked easy.

In the first half of the year, the GDP of Dongguan only increased by 1.5%, and the economic growth rate ranked first among the "trillion cities" that had been published.

Shanghai growth leadership, Dongguan "Stalling"

From the perspective of growth rate, the GDP growth rate of GDP growth in 12 cities including Shanghai, Hangzhou, Shenzhen, Chengdu, and Nanjing exceeded the national average growth level (5.5%) in the first half of the year. Among them, Shanghai led the growth rate of 9.7%. Beijing(5.5%) is the same as the national average growth rate.

Outside Shanghai, in the first half of this year, Nantong grew rapidly among the "trillions of cities" and ranked second with a 7%growth rate.Nantong's ranking also leaped sharply, surpassing Xi'an, Hefei, Jinan, Quanzhou and Fuzhou.

Hangzhou's GDP in the first half of the year reached 960.2 billion yuan, an increase of 6.9%year -on -year, and the growth rate ranked third.In this regard, Hangzhou achieved surpassing Wuhan, ranking eighth.

In the first half of the year, Wuhan GDP was 950.333 billion yuan, which was calculated at an unchanged price, an increase of 5.0%over the same period last year.In the national GDP city in 2022, Hangzhou was overtaken by Wuhan and ranked ninth.

In addition to the "card warfare" of Hangzhou and Wuhan, the "fourth city of the country" in Chongqing and Guangzhou is also quite fierce.Data show that Chongqing's GDP in the first half of the year was 1434.595 billion yuan, an increase of 4.6%year -on -year, ranking fourth in the country.

Chongqing GDP surpassed Guangzhou last year, ranking fourth in the country.However, in the first quarter of this year, Guangzhou GDP took over to surpass 3.103 billion yuan in Chongqing. It ended in the second quarter. Chongqing later settled up and surpassed Guangzhou again.

In addition, in the first half of this year, Jinan also achieved the anti -overtaking over.Among them, Jinan's GDP in the first half of the year was 584.1 billion yuan, an increase of 6.4%year -on -year; Fuzhou's GDP in the first half of the year was 578.146 billion yuan, an increase of 4.5%year -on -year.

Chengdu, located in the southwestern region, is also quite eye -catching.In the first half of the year, Chengdu exceeded the trillion -dollar level for the first time, and GDP achieved 1070.55 billion yuan, ranking seventh in the country, an increase of 5.8%year -on -year.

Data show that the added value of Chengdu's tertiary industry was 731.33 billion yuan, an increase of 8.1%.Liu Xiangdong, deputy minister of the Macro Economic Research Center of the China International Economic Exchange Center, said that in the first half of the year, the tourism economy has helped urban consumption.The toughness and vitality of consumer center cities.

The "goalkeeper" of the trillions of cities in Dongguan, the growth of "stalling" in the first half of the year.On July 26, the Dongguan Statistics Bureau disclosed that in the first half of 2023, the city's regional GDP was 526.21 billion yuan, an increase of 1.5%year -on -year.

This growth rate ranks first among the trillion GDP cities that currently announced data.Quanzhou and Fuzhou ranked second and third in the end of 3.1%and 4.5%.

Generally speaking, 22 trillion cities that have been published at present, nearly half have not won the national average.Ding Changfa, an associate professor at the Department of Economics at the School of Economics of Xiamen University, told China News Weekly that in the "three -driving carriage" that drives economic growth, the most important thing at the investment level is fixed asset investment, such as real estate is quite bleak; at the entrance and export level, some cities have declined in some cities.The impact on foreign trade is particularly great.

In his opinion, this is the "common destiny" in most weak growth cities."Many coastal cities, such as Dongguan, Quanzhou and other foreign trade cities, have the loss of foreign trade orders. Therefore, foreign trade data has been walking down every month from July August last year, and it may be more severe in the second half of the year." Heexplain.

Stability of the industry is economic stable

So what is the key to the growth of cities in the country in the first half of the year?

Ding Changfa told China News Weekly that Shanghai achieved high growth in the first half of the year, on the one hand, it was inseparable from the low base of the same period last year.In the first half of 2022, Shanghai was severely impacted by the epidemic, and the economy increased negatively, which directly led to the failure of Shanghai GDP to fail to exceed 2 trillion yuan (1.93 trillion yuan). Based on comparable prices, it decreased by 5.7%from the same period of the previous year.

In Ding Changfa's view, Shanghai's more critical factor in achieving high growth is its economic heritage and industrial structure.He said, "Last year to this year, the China Economy's most bright new energy vehicle export. According to data from the Ministry of Commerce, our car exports have surpassed Japan and ranked first in the world. Shanghai's automotive industry has always been a new energy vehicle industry.Leader. "

Data show that the growth rate of Shanghai in the first half of the year is especially manifested in the second and third industries.Among them, the added value of the second industry was 508.260 billion yuan, an increase of 15.1%; the value -added of the tertiary industry was 1627.245 billion yuan, an increase of 8.2%.

In the second industry, the total output value of Shanghai's industrial strategic emerging industries increased rapidly, with a total output value of 838.547 billion yuan, an increase of 14.6%year -on -year.Among them, the output values of new energy vehicles, new energy and high -end equipment increased by 69.8%, 57.8%, and 33.1%, respectively, and grew higher than other manufacturing industries.

More than Shanghai, Nantong's ranking has leaps sharply, and it also mainly benefits from the growth of the second industry.In the first half of the year, Nantong GDP realized 603.24 billion yuan, an increase of 7.0%year -on -year.Among them, the added value of the secondary industry was 295.68 billion yuan, an increase of 8.0%year -on -year.Specifically, in the first half of the year, the added value of industrial industries above the scale of Nantong increased by 10.2%year -on -year, an increase of 3.3 percentage points from the first quarter; the value -added of the manufacturing industry increased by 11.0%.

Ningbo also benefits from the growth of the second industry.On July 26, Ningbo announced the "transcript" of the Economic Half -annual Report: In the first half of the year, the city's total regional GDP was 774.51 billion yuan, an increase of 5.6%year -on -year.As an industrial market, the key industries in Ningbo in the first half of the year, especially chemical raw materials, automobile manufacturing, electrical machinery and other key industries, contributed, and increased by 14.4%, 12.9%, and 10.4%, respectively.

In contrast to the aforementioned cities, the added value of industries above the scale of Dongguan in the first half of the year was 237.957 billion yuan, a year -on -year decrease of 5.9%, of which manufacturing fell by 6.4%.From the perspective of the category, in the first half of the year, the value -added value of Dongguan's computer, communications and other electronic equipment manufacturing fell by 4.9%, and the electrical machinery and equipment manufacturing industry decreased by 7.4%.

As a major manufacturing town, Dongguan's industrial added value reached 624.4 billion yuan last year, ranking ninth nationwide, and is one of the top ten industrial cities in the country.The decline in industrial growth is self -evident on the impact of Dongguan's economy.

In addition, Dongguan's foreign trade dependence is high,Affected by factors such as the atrophy of international market demand and industrial transfer, the import and exports in Dongguan fell 11.3%in the first half of the year, of which the exports fell by 9.4%, and the export of exports in June was as high as 18.79%.

Ding Changfa told China News Weekly that exports are very critical for foreign trade cities such as Dongguan, so the impact is relatively large, "the situation of Quanzhou is similar to Dongguan."

It is worth mentioning that Chengdu and Hangzhou are more thanks to the high growth of the service industry.Taking Hangzhou as an example, the data shows that the total value of Hangzhou GDP in the first half of the year reached 960.2 billion yuan, an increase of 6.9%year -on -year.Among them, the added value of the service industry was 674.8 billion yuan, an increase of 9.3%year -on -year.

Specifically, the value -added service industry with information transmission, software and information technology services as the main body increased by 10.5%; the value -added value of the real estate industry, financial industry, accommodation and food industry increased by 8.4%, 8.3%, and 20.1, respectively.%.

The co -director, researcher Pan and Lin, the co -director, researcher of the Digital Economy and Financial Innovation Research Center of Zhejiang University, said that as the policy effect gradually appeared, the normal economic order will be recovered rapidly, and consumption will gradually rise, driving the rapid growth of service productionAnd the digital economy and e -commerce platforms have also become an emerging force to drive the city economy.

The suspense of the "Card Battle" of the trillions of cities

"trillions of cities", the next trillion GDP city will spend a lot of attention.

At present, the closest to the "trillion city" is Jiangsu Changzhou and Yantai, Shandong.In 2022, the GDP of Changzhou and Yantai was 9550.1 billion yuan and 951.586 billion yuan, respectively, and Changzhou led a weak advantage of 3.4 billion yuan.

Two "prospective cities", this year they shouted the goal of sprint trillion GDP.

On February 7 this year, Chen Jinhu, Secretary of the Changzhou Municipal Party Committee, mentioned in the "First Meeting" of the New Year: According to the current growth momentum, in 2023 we will step their heads into the "trillion club".Expect.

In the 2023 government work report, Yantai clearly proposed the expected goal: GDP increased by more than 5.5%in 2023, striving to exceed the trillion yuan mark.

It is worth mentioning that not only the economic aggregate "bite" very tightly, but the economic growth target of the year is also set at 5.5%.

Half a year later, Changzhou and Yantai were closer to trillion GDP targets, and competition was more intense.

According to data from the Changzhou Statistics Bureau, in the first half of this year, Changzhou GDP reached 452.54 billion yuan, an increase of 7.0%year -on -year.

In the first half of the year, Yantai GDP completed 470.565 billion yuan, an increase of 7 % year -on -year.As a result, Yantai surpassed Changzhou and became the party closer to the "city of trillion".

Analysis believes that with the current growth trend of Changzhou and Yantai, it is a high probability event to work together to break through trillion this year.At that time, China's "trillion club" will expand to 26 cities.

Of course, in the end, who will become the 25th city of the country, you still need to see how the two cities in the second half of the year are exerted.

In terms of incremental, in the first half of the year, Changzhou increased by 26.1 billion yuan compared with the same period last year, and Yantai increased by 35.6 billion yuan.With the advantages of nearly 10 billion yuan, Yantai opened the gap with Changzhou's GDP to 18 billion yuan.

However, there is still uncertainty if Yantai can "laugh to the end" at present.Because in Changzhou last year, a "counterattack" drama was performed.In the first half of last year, Yantai GDP led about 8.5 billion yuan ahead of Changzhou, but in the end, Changzhou was finally overtaken in the second half of the year.

From July 24th to 26th, Yantai held the city's first half of the year's economic development and rural revitalization observation and the municipal party committee rural work conference.In the first half of the year, the important stage of "double half", but there were also problems and shortcomings such as the continuous economic continuous foundation and the quality of industrial projects, and the quality of industrial projects needed to be improved.

As far as Yantai is concerned, it is not easy to continue to lead the lead in the second half of the year to enter the "trillions of clubs" and continue to lead.

Changzhou standing on the new energy air outlet, the total economic volume exceeds Dalian, Xuzhou and other places, but with the increasing competition in the new energy industry, especially this year, the power battery industry has been adjusted and overcapacity.The crisis approaches, and it is critical to whether the advantages of the new energy industry in Changzhou can continue to efficiently efficient.

The gap between the first half of this year and Yantai further expanded, and Changzhou's pressure and difficulty to achieve anti -overturning can also be imagined.