2020 29 provinces GDP release: Guangdong exceeds 11 trillion, Jiangsu exceeds 10 trillion | Jiangsu-Finance News



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Original title: Publication of the GDP of 29 provinces in 2020: Guangdong exceeds 11 trillion and Jiangsu exceeds 10 trillion

Chinanews client, Beijing, January 27 (Reporter Li Jinlei) The 2020 economic report cards from various regions have been announced one after another. As of January 26, with the exception of Hebei and Xinjiang, the remaining 29 provinces, autonomous regions, and municipalities have released all 2020 GDP data.

From a total GDP perspective, many places have risen to a new level. Guangdong has exceeded 11 trillion yuan and Jiangsu has exceeded 10 trillion yuan. From the perspective of GDP growth, Tibet is one of the best, leading the country with a growth rate of 7.8%.

2020 GDP data for 29 provinces.2020 GDP data for 29 provinces.

  “Cantonese Boss” and “Su Daqiang” rose to a new level

From the perspective of economic aggregates, Guangdong remains the leader and occupies the first position. The data shows that the GDP of Guangdong Province in 2020 will be 11.0760.94 billion yuan, a year-on-year increase of 2.3%.

This is the first time that Guangdong’s GDP has surpassed the 11 trillion yuan mark, and it ranks first in the country for 32 consecutive years. According to media reports, according to World Bank data, Guangdong’s GDP has exceeded the total economic output of Russia and South Korea in 2019, and is far behind Canada.

Jiangsu ranked second. “Su Daqiang” has a GDP of 10.27 trillion yuan in 2020, breaking the 10 trillion yuan mark for the first time, an increase of 3.7% from the previous year and 1.4% higher than the national average.

Jiangsu’s total GDP is about 800 billion yuan less than Guangdong’s. However, Wu Zhenglong, the governor of Jiangsu province, declared a set of figures in his government work report on the 26th: Jiangsu’s GDP per capita reached 125,000 yuan, ranking first among all provinces (regions) from the country.

From the perspective of the per capita disposable income of residents, the per capita disposable income of Jiangsu residents in 2020 is 43,390 yuan, higher than Guangdong’s 41,029 yuan. Data shows that Guangdong’s permanent population at the end of 2019 was 115.21 million, while Jiangsu’s permanent population at the end of 2019 was 80.70 million.

In 2020, “Su Daqiang” will also reap Nantong, a new city with a GDP of one trillion yuan. So far, Jiangsu has four “trillion-club” cities: Suzhou, Nanjing, Wuxi and Nantong.

Shandong ranks third. Data shows that Shandong will reach a GDP of 7312.90 billion yuan in 2020, an increase of 3.6% from the previous year at comparable prices.

Data Map Drawing by Zhang JianyuanData Map Drawing by Zhang Jianyuan

  Tibet’s GDP growth rate leads the country, Hubei has not turned positive

According to data from the National Bureau of Statistics, preliminary calculations show that GDP for 2020 will be 101.5986 billion yuan, surpassing 100 trillion yuan for the first time, representing an increase of 2.3% over the previous year at comparable prices. .

From the perspective of the GDP growth rate, among these 29 provinces, autonomous regions and municipalities, 18 provinces, autonomous regions and municipalities have a GDP growth rate that exceeds the national growth rate in 2020, and the growth rate Guangdong’s GDP remains the same as that of the country.

Among them, Tibet’s annual GDP in 2020 is 190 274 ​​million yuan, representing an increase of 7.8% over the previous year at comparable prices.

Guizhou’s GDP growth rate in 2020 will reach 4.5%, and Yunnan’s GDP growth rate will be 4% in 2020, which is among the highest in the country.

Hubei Province’s GDP growth rate in 2020 has yet to turn positive. The data shows that the GDP of Hubei Province in 2020 is 4,344,346 million yuan, which is 5.0% lower than the previous year at comparable prices, and the rate of decline decreased by 34.2 percentage points from the first quarter.

As the province hardest hit by the epidemic, Hubei province’s economy “pushed to stop” in the first quarter, “rebooted and resumed” in the second quarter and “accelerated the overall recovery” in the second half of the year. According to the Hubei Provincial Bureau of Statistics, Hubei has weathered the huge shock of the 76-day suspension. The epidemic affected the province’s GDP by 39.2%, 19.3% and 10.4% in the next quarter, the first half of the year, and the first three quarters, the rate of decline was reduced to 5, 0%, practically close to the level of the same period of the previous year.

Aerial photography of Nantong early morning Photo by Xu CongjunAerial photography of Nantong early morning Photo by Xu Congjun

  6 cities promoted to the “trillion club” of GDP

From the perspective of the total GDP of cities, 2020 is a special year. This year has marked the beginning of a major expansion of the “Trillion Club”, and 6 cities have been among the GDP “Trillion Club”.

Among them, the GDP of Hefei City, Anhui Province in 2020 will reach 1,004,572 million yuan, the GDP of Xi’an City, Shaanxi Province will reach 1,002,039 million yuan in 2020, the city’s GDP of Fuzhou, Fujian Province will reach 1002.02 billion yuan in 2020, and Quanzhou City, Fujian Province, will have a GDP of 1.015.866 million yuan in 2020. The 2020 GDP of Nantong City in the province will reach 100.63 billion yuan, and the GDP of Jinan city in Shandong province will reach 1,014.09 billion yuan in 2020, both marking the first time that they have exceeded the trillion yuan mark.

With the addition of these six cities, China has 23 cities with a GDP of more than one trillion yuan.

In chronological order, Shanghai’s GDP was the first to exceed one trillion in 2006, Beijing’s GDP surpassed one trillion in 2008, Guangzhou’s GDP exceeded one trillion in 2010, and in 2011 the GDP of four cities such as Shenzhen, Tianjin, Suzhou and Chongqing exceeded one trillion, and in 2014 Wuhan and Chengdu’s GDP exceeded one trillion yuan, Hangzhou’s GDP exceeded one trillion yuan in 2015, Nanjing and Qingdao’s GDP exceeded one trillion yuan in 2016, GDP of Wuxi and Changsha exceeded one trillion yuan in 2017, and the GDP of Ningbo and Zhengzhou exceeded one trillion yuan in 2019. The total GDP of Foshan exceeded one trillion yuan, and Hefei, Xi’an, Fuzhou, Quanzhou, Nantong and Jinan will exceed one trillion yuan in 2020. (Finish)

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Editor in Charge: Li Siyang

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