The first quarter report card of GDP in 31 provinces was released, and the growth rate of 18 provinces outperformed the whole country.
Since the National Bureau of Statistics released the data of the national economy in the first quarter on April 17th, all provinces in China have published the first quarter report cards one after another.
As of May 1st, the overall economic performance of 31 provinces in China in the first quarter has all been announced (GDP related data has not been released in Inner Mongolia).
According to the data of the National Bureau of Statistics, the GDP in the first quarter of 2018 was 1,987.83 billion yuan, up 6.8% year-on-year at comparable prices, and the national economy achieved a good start.
The Beijing Youth Daily reporter found that in terms of economic aggregate, five provinces broke through the trillion mark in the first quarter, and Guangdong ranked first in the country with 2,170.529 billion yuan. In terms of GDP growth rate, the growth rate of 18 provinces outperformed the whole country, and Guizhou led with a growth rate of 10.1%.
Growth rate Yunnan ranks among the top three for the first time in three years.
Xing Zhihong, spokesperson of the National Bureau of Statistics, said in response to a reporter’s question, "In the first quarter of this year, China’s economic development has progressed steadily, and the national economy has continued its steady and positive trend. The transformation and upgrading have been further promoted, quality and efficiency have been continuously improved, and economic development has started well."
Statistics from the National Bureau of Statistics show that in the first quarter, the added value of China’s primary industry was 890.4 billion yuan, up by 3.2% over the same period of last year, the added value of the secondary industry was 7,745.1 billion yuan, up by 6.3% over the same period of last year, and the added value of the tertiary industry was 11,242.8 billion yuan, up by 7.5% over the same period of last year.
Since then, the economic data of the first quarter have been released one after another. According to the statistics of Beijing Youth Daily reporters, among the 31 provinces, except Shanghai, the growth rate in the first quarter was the same as that in the whole country, and 18 provinces outperformed the whole country. Among them, Guizhou’s growth rate in the first quarter was 10.1%, which was the only province in the country with a growth rate exceeding double digits, followed by Tibet and Yunnan, with 9.5% and 9.3% respectively.
There are also 11 provinces whose GDP growth rate is lower than the national average, among which Tianjin is the bottom, with a growth rate of 1.9%. The reporter of Beiqing Daily noticed that Tianjin Binhai New Area was widely concerned by the outside world because of the economic "squeezing water". According to local media reports in Tianjin in January this year, after changing the statistical caliber and squeezing out water, the trillion-dollar GDP of Binhai New Area in 2016 was adjusted to 665.4 billion, and it is expected to be 700 billion in 2017, a year-on-year increase of 6%.
The reporter of Beiqing Daily analyzed the GDP data of the provinces in the first quarter in the past three years and found that the top three provinces in this year’s growth rate have changed. Previously, Chongqing’s growth rate had topped the list. The top three GDP growth rates in the year before last and the first quarter of last year were Tibet, Chongqing and Guizhou, but this year’s top three have become Guizhou, Tibet and Yunnan. Among them, Guizhou overtook Tibet in the first place, and Yunnan ranked among the top three growth rates for the first time in three years.
According to the data provided by Guizhou Statistics Bureau, the regional GDP of Guizhou in the first quarter was 290.479 billion yuan, of which the added value of the primary industry was 36.487 billion yuan, an increase of 5.6%; The added value of the secondary industry was 128.593 billion yuan, an increase of 10.0%; The added value of the tertiary industry was 125.399 billion yuan, an increase of 11.2%.
The total amount of Guangdong and Jiangsu science and technology innovation has increased.
In terms of economic aggregate, the top five provinces are Guangdong, Jiangsu, Shandong, Zhejiang and Henan.
In the first quarter, the economic aggregates of the above five provinces all exceeded the trillion mark, with Guangdong leading the country with 2,170.529 billion yuan, followed by Jiangsu with 2,109.33 billion yuan. The GDP of Shandong, Zhejiang and Henan in the first quarter was 1,890.06 billion, 1,169.1 billion and 1,061.1 billion respectively.
The reporter of Beiqing Daily noted that the above-mentioned provinces have achieved good results in the conversion of old and new kinetic energy.
"The kinetic energy transformation of Guangdong’s economic development has been promoted in an orderly manner." Zhu Suiwen, deputy director of the Guangdong Provincial Bureau of Statistics, mentioned in an interview with the media that Guangdong’s industrial industry has made rapid progress towards the middle and high end, and the added value of high-tech manufacturing and advanced manufacturing industries has increased by 2.8 and 1.8 percentage points respectively, which jointly boosted the added value of industrial enterprises above designated size by 7.5 percentage points.
One bright spot is that Guangdong’s new industrial products have become new growth points, and the output of new energy vehicles, industrial robots and integrated circuits has increased by 181.8%, 51.8% and 17%. The stamina of scientific and technological innovation has been continuously enhanced, and the number of new patents granted in January and February increased by 56.3%.
The output of new products in Jiangsu has also increased rapidly. The output of new energy vehicles, 3D printing equipment and industrial robots have increased to varying degrees, among which the output of new energy vehicles is the most outstanding, with a year-on-year increase of 280.9%.
Henan, ranked fifth, exceeded the trillion-dollar mark for the first time in the first quarter, ranking first among the six central provinces. Statistics show that new products in Henan Province grew rapidly in the first quarter, with the output of new energy vehicles increasing by 422.2% and lithium-ion batteries increasing by 135.5%.
The digital economy in Zhejiang is also a bright spot. The year-on-year growth rate of added value of high-tech, high-tech, equipment manufacturing and strategic emerging industries is higher than that of industries above designated size.
Xing Zhihong previously said in analyzing the economic situation in the first quarter of the country that in the first quarter, the added value of strategic emerging industries increased by 9.6%, which was significantly higher than the average growth rate of industries above designated size. "Now the whole ‘ Internet plus & rsquo; It has been deeply integrated into various industries and fields, which has promoted many new formats and new business models. The digital economy, platform economy and sharing economy have continued to develop rapidly, injecting new vitality into China’s economic development. "
It is worth mentioning that in the first quarter, although the economic operation of many provinces was stable and positive, there were also some hidden concerns. Take Guangdong, which ranks first in total output, as an example. According to the situation analysis released by official website, Guangdong Provincial Bureau of Statistics on the 4th, there are still several hidden worries in Guangdong Province, such as "the foundation for the overall improvement of industrial production is still unstable", "insufficient industrial investment will affect the stamina of economic development", "Sino-US trade friction has great uncertainty for Guangdong’s economic development" and "the pressure to prevent risks in the financial and real estate fields is still relatively high".
As mentioned in the above analysis, people’s willingness to invest in industry is weak. Industrial investment in private investment decreased by 4.8%, and 24 of the 38 industries with investment decreased year-on-year. In addition, Guangdong is a big foreign trade province, and its dependence on foreign countries is relatively large. In 2017, Guangdong’s dependence on foreign countries was 75.8%, which was 42.2 percentage points higher than the national average. From the list of about 1300 tariffs issued by the United States, furniture and speakers exported to the United States account for more than 30% of Guangdong’s exports of similar products. The dependence of imported sorghum and turbojet engines on the United States has reached more than 80%. On April 17th, the US Department of Commerce announced that it would take export control measures against ZTE, prohibiting ZTE from buying sensitive products from American enterprises. Once this measure is implemented, it will directly affect Guangdong’s economic growth.
Investment in Hainan, Guizhou and other provinces, the investment growth rate is eye-catching
According to the data of the National Bureau of Statistics, from January to March this year, the national investment in fixed assets (excluding farmers) was 1,076.3 billion yuan, up 7.5% year-on-year, and the growth rate dropped by 0.4 percentage points from January to February. From the ring-on-ring speed, investment in fixed assets (excluding farmers) increased by 0.57% in March. Among them, private investment in fixed assets was 6,238.6 billion yuan, up 8.9% year-on-year.
"The key role of investment in optimizing the supply structure is constantly emerging." Xing Zhihong, spokesman of the National Bureau of Statistics, told the media earlier that the vitality of private investment increased in the first quarter, accounting for more than 60% of the total investment, with an increase of 8.9% in the first quarter, an increase of 2.9 percentage points over the whole year of last year, and the fields of private investment were further broadened.
The reporter of Beiqing Daily combed the transcripts of the first quarter of each province and found that the growth rate of fixed assets investment in Hainan, Guizhou, Yunnan, Fujian and other provinces was eye-catching.
Hainan’s investment in fixed assets (excluding farmers) increased by 25.3% in the first quarter compared with the same period of last year. Among them, real estate development investment increased by 16.4%; Investment in other projects increased by 34.7%.
By industry, investment in the primary industry declined, while investment in the secondary and tertiary industries increased rapidly, with investment in the secondary industry increasing by 77.2%. By region, investment in "Haichengwen" (Haikou, Chengmai and Wenchang) increased by 36.3%, investment in "Greater Sanya" (Greater Sanya Tourism Economic Circle) increased by 17.2%, investment in the eastern region increased by 29.7%, investment in the central region increased by 39.3%, and investment in the western region increased by 4.0%.
In the first quarter of Guizhou, the province’s fixed assets investment increased by 17.8% over the same period of last year, and the growth rate was 10.3 percentage points higher than the national level.
However, unlike Hainan, the growth rate of investment in the primary industry in Guizhou has exceeded that of the secondary and tertiary industries. In the first quarter of this year, the investment in people’s livelihood increased, and the investment in education, health and social work increased by 60.2% and 60.6% respectively over the same period of last year. Infrastructure investment has also increased rapidly. The province’s infrastructure investment increased by 22.1% over the same period of last year. Among them, investment in water conservancy management increased by 50.3%, and investment in transportation and postal services increased by 17.2%.
In terms of private investment, the growth rate of many provinces is also very obvious. For example, private investment in Qinghai Province in the first quarter was 8.047 billion yuan, an increase of 34.2%; Private investment in Zhejiang Province increased by 15.1% in the first quarter, accounting for 63.4% of the total investment, an increase of 5.6 percentage points. In addition, the investment in fixed assets in Gansu Province also turned from negative to positive in the first quarter, with a year-on-year increase of 2.7%, ranking 23rd in the country.
This group/reporter Meng Yaxu