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China’s Third Quarterly Economic Report: Regional Economic Performance and Growth Rates Revealed

CCTV news: As of now, 31 provinces, autonomous regions and municipalities have successively announced their economic performance in the first three quarters. It can be seen from the data that the economic performance of various regions in the first three quarters is generally good, and the economic growth rate of more than half of the provinces is faster than the national growth rate.

Looking at the regional GDP in the first three quarters, a total of 13 provinces have a regional GDP exceeding 3 trillion yuan. The GDP of Guangdong and Jiangsu provinces continues to lead the country, exceeding 9 trillion yuan.

Looking at the GDP growth rate of each province, the GDP growth rate of 17 provinces is faster than the national growth rate of 5.2%, and the GDP growth rate of 11 provinces including Sichuan, Hubei, and Chongqing is faster than their respective growth rates in the first half of the year. , the economic growth rate of 12 provinces including Zhejiang, Liaoning, and Shanghai is faster than the annual targets set by each province at the beginning of the year. Among them, five provinces, including Tibet, Hainan, Inner Mongolia, Gansu and Sichuan, lead the country in regional GDP growth, all reaching over 6.5%.

The recovery trend of consumption continues to consolidate, and the upgrading consumption has obvious growth. In the first three quarters, the year-on-year growth in total retail sales of consumer goods in 17 provinces was greater than the national year-on-year growth of 6.6%. Shanghai, Hainan and other provinces maintained double-digit growth in the first half of the year.

China’s Third Quarterly Economic Report: New momentum accelerated in the first three quarters

Since the beginning of this year, all parts of the country have aimed at high-quality economic development, given full play to their respective advantages, cultivated growth points in new economic fields, and developed new momentum.

Guangdong continues to promote the development strategy of “manufacturing as the master” and continues to increase investment in emerging industries. In the first three quarters, investment in the secondary industry increased by 24.0%, of which high-tech manufacturing investment increased by 21.4% and advanced manufacturing investment increased by 18.8%. The growth rates were 18.3 and 15.7 percentage points higher than all investment respectively.

Jiangsu Province has continued to expand the scale of its advanced manufacturing industry this year. In the first three quarters, the output value of Jiangsu’s high-tech industries and industrial strategic emerging industries accounted for 49.8% and 41.3% of designated industries respectively, both higher than in the first half of the year. In the first three quarters, the output of new energy vehicles and charging piles increased by 80.2% and 1.1 times respectively.

Shandong Province’s manufacturing industry grew by 7.5% in the first three quarters of this year. Among them, emerging industries are growing well, and the conversion of old and new driving forces continues to deepen. In the first three quarters of this year, the added value of the electrical machinery and equipment manufacturing industry in Zibo, where traditional industries were concentrated in the past, increased by 24.5% year-on-year. The added value of industries such as new materials, intelligent equipment, new medicines, and electronic information accounted for 54.8% of the proportion of industries above designated size.

Zhejiang Province has given full play to its own advantages and used scientific and technological innovation to lead the accelerated growth of new kinetic energy industries. In the first three quarters, the output value rate of new industrial products above designated size in Zhejiang Province was 42.2%, which was higher than both the first quarter and the first half of the year. The investment growth in scientific research and technical services industry was 40.1 percentage points higher than the total investment. In the new kinetic energy industry, the output of green smart products such as industrial robots, service robots, and solar cells increased by 76.4%, 64.8%, and 49.8% respectively in the first three quarters.

China’s third quarterly economic report: my country’s regional coordinated development has become more balanced in the first three quarters

In the first three quarters, growth accelerated in my country’s northeastern region, and the western region’s average economic growth rate of 6.9% outperformed the eastern region’s 5.7% growth rate, and my country’s regional development coordination has become stronger.

In the first three quarters, the economic growth rate of 8 of the 10 provinces in the western region was faster than the national growth rate. Tibet’s economic growth rate in the first three quarters was 9.8%, leading the country. In the first three quarters, Tibet’s fixed asset investment increased by 57.5% year-on-year. The consumer goods market has recovered rapidly. In the first three quarters, Tibet’s total retail sales of consumer goods increased by 18.8% year-on-year, and the growth rate was 10.5 percentage points higher than that in the first half of the year. The economic growth rates of Sichuan and Chongqing in the first three quarters were 6.5% and 5.6% respectively. In the first three quarters, the added value of high-tech manufacturing above designated size in Sichuan Province increased by 6.3% year-on-year, and investment in Chongqing’s automobile manufacturing, electrical machinery and equipment manufacturing industries all increased by more than 30%.

The growth rates of Jilin and Liaoning provinces in the first three quarters of this year are also faster than the national growth rate. The added value of Jilin Province’s service industry in the first three quarters contributed more than 60% to the province’s economic growth. The province’s total retail sales of consumer goods increased by double digits year-on-year. . In the first three quarters of this year, Liaoning’s economic growth exceeded the national growth rate for the first time in ten years, with total retail sales of consumer goods increasing by 8.1%.

In the central region, the GDP growth rates of Hubei and Anhui in the first three quarters exceeded 6%. The total retail sales of consumer goods in Hubei in the first three quarters increased by 8.5% year-on-year. Among them, the retail sales of new energy vehicles, smartphones and other upgraded consumer goods increased by 78.0% year-on-year respectively. % and 28.5%.

2023-11-01 09:18:00
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