"China Economic Weekly" reporter Wang Hongru 丨 Beijing report
As of July 29, in addition to Tibet and Xinjiang, 29 provinces have released economic data for the first half of the year. In terms of total GDP, Guangdong Province still ranks first; 2 provinces have a GDP of more than 5 trillion yuan and 11 provinces have a GDP of more than 2 trillion yuan.
From the perspective of year-on-year GDP growth, 26 provinces reached double-digit growth, and Liaoning, Hebei and Qinghai were single digits, respectively: 9.9%, 9.9% and 9.1%. From the ranking point of view, in the first half of this year, Hubei Province ranked first with a GDP growth rate of 28.5%.
Industry analysis believes that the data of the main economic indicators in the first half of the year in various provinces show that the foundation of China's economic recovery continues to be consolidated, the endogenous growth momentum is steadily enhanced, the quality and efficiency of development continue to improve, market confidence is expected to be stable and improving, and the people's living standards are constantly improving.
Guangdong Province is firmly in the top position, and the advanced manufacturing industry is a strong province worthy of the name
The "China Economic Weekly" reporter combed and found that as of July 29, among the 29 provinces that have released economic data for the first half of the year, a total of 11 provinces with a total GDP of more than 2 trillion yuan are: Guangdong Province, Jiangsu Province, Shandong Province, Zhejiang Province, Henan Province, Sichuan Province, Fujian Province, Hubei Province, Hunan Province, Anhui Province and Shanghai Municipality.
As in previous years, the top 3 are still the three major coastal provinces in the east. Guangdong Province ranked first in the country with 5,722.631 billion yuan; Jiangsu Province ranked second with 5,519.963 billion yuan; and Shandong Province ranked third with a total GDP of 3,890.635 billion yuan.
The data of Guangdong Province in the first half of the year is as follows: according to the results of the unified accounting of regional GDP, the GDP of Guangdong in the first half of 2021 was 5722.631 billion yuan, an increase of 13.0% year-on-year, and an average growth of 5.0% in two years.
The reason why Guangdong's GDP performed well in the first half of the year is that the contribution of the secondary industry is indispensable. The data shows that in the first half of this year, the added value of Guangdong's primary industry was 206.385 billion yuan, an increase of 8.7% year-on-year, an average growth of 5.1% in two years; the added value of the secondary industry was 2226.719 billion yuan, an increase of 15.7% year-on-year, an average growth of 4.2% in two years; the added value of the tertiary industry was 3289.526 billion yuan, an increase of 11.6% year-on-year, and an average growth of 5.7% in two years.
The steady growth of industrial production in Guangdong is related to the recovery of the industry after the epidemic. Among the 40 major categories of industries, the added value of 36 industries increased year-on-year, and the average growth rate of 32 industries in two years was positive.
The steady recovery of manufacturing production has added a bright color to Guangdong's industrial economy. The data shows that in the first half of this year, the added value of Guangdong's manufacturing industry increased by 18.3% year-on-year, an average growth rate of 4.9% in two years, an increase of 0.5 percentage points over the first quarter. Among them, the pillar industries grew steadily, and the added value of computer, communication and other electronic equipment manufacturing, electrical machinery and equipment manufacturing, and automobile manufacturing increased by 7.0%, 31.1% and 24.4% respectively year-on-year.
In addition, the cultivation of new kinetic energy continues to grow and develop. In the first half of the year, the added value of Guangdong's new economy was 1.42 trillion yuan, an increase of 10.5% year-on-year, accounting for 24.8% of the regional GDP. Strategic industrial clusters have developed rapidly, with a total of 161,200 enterprises in the province's ten strategic pillar industries and ten strategic emerging industries, achieving an added value of 2.22 trillion yuan, an increase of 17.6% year-on-year; accounting for 38.8% of the regional GDP, an increase of 1.9 percentage points over the first quarter.
Yang Xinhong, director of the Guangdong Provincial Bureau of Statistics, said that the ten strategic pillar industries in Guangdong's new kinetic energy, such as a new generation of electronic information, green petrochemicals, smart home appliances, advanced materials, etc., constitute a new kinetic energy transformation in the entire industry, especially in the secondary industry, and the performance is very prominent, higher than the growth rate of the province's GDP. "The added value they form is particularly conducive to supporting the secondary industry." The secondary industry accounted for 38.9% in the first half of the year, which is exactly the same as the whole country, reflecting that China is a manufacturing power and Guangdong is a strong province in advanced manufacturing. ”
Anhui continues to catch up with Shanghai Embracing the Yangtze River Delta is the biggest opportunity
Following Anhui Province's GDP catching up with Shanghai in the first quarter of 2021, in the first half of this year, Anhui continued to work hard, and economic data continued to catch up with Shanghai, still maintaining the top ten seats in the country.
Data show that Anhui Province's GDP in the first half of the year was 2,057.65 billion yuan, 47.397 billion yuan higher than Shanghai; and in the same period last year, Anhui Province also surpassed Shanghai. In the first half of 2020, shanghai's GDP was 1,735.680 billion yuan, Anhui province was 1,755.11 billion yuan, and Anhui was 19.43 billion yuan higher than Shanghai. In contrast, the gap between Shanghai and Anhui in the first half of this year was widening.
What is the basis for Anhui's rapid development? In May 2016, the State Council announced the "Yangtze River Delta Urban Agglomeration Development Plan", and 8 cities in Anhui Province, including Hefei, Wuhu, Ma'anshan, Tongling and Anqing, were officially classified as yangtze river delta urban agglomerations, and since then, occupying the geographical advantages adjacent to Jiangsu, Zhejiang and Shanghai, Anhui has developed triumphantly.
From the data analysis, the growth rate of the secondary industry in Anhui Province in the first half of 2021 is still the fastest, and the added value of the secondary industry is 853.41 billion yuan, an increase of 14.2% year-on-year, and an average growth rate of 7.3% in two years. Among them, the added value of industries above designated size increased by 17.3% year-on-year, with an average growth rate of 9.4% in two years, which was the same as that in the first quarter. The added value of industries above designated size increased by 9.2% in June. In terms of economic types, the added value of state-controlled enterprises increased by 16.1%, joint-stock enterprises increased by 17.9%, and foreign- and Hong Kong, Macao and Taiwan-invested enterprises increased by 16.6%.
In addition, the development of high-tech manufacturing and strategic emerging industries in Anhui Province is also relatively rapid. Let's start with high-tech manufacturing. The data show that the added value of high-tech manufacturing in Anhui Province increased by 37.9% in the first half of the year, 20.6 percentage points higher than that of all industries, accounting for 13.2% from 11.5% in the same period last year.
Let's look at strategic emerging industries. The data shows that the output value of strategic emerging industries in Anhui increased by 36.2% in the first half of the year, 10.3 percentage points higher than that of all industries, accounting for 42% from 38.8%.
"Embracing" the Yangtze River Delta is undoubtedly an opportunity for Anhui, an inland province. Li Jinbin, secretary of the Anhui Provincial Party Committee, previously said, "The inclusion of 8 cities in Anhui into the Yangtze River Delta urban agglomeration plan has brought major development opportunities for Anhui to comprehensively improve the level of opening up, accelerate the optimization and upgrading of industrial structure, improve the quality of urbanization from a higher starting point, and participate in international cooperation and competition at a higher level." ”
Hubei has the highest GDP growth rate in the country, and Zhejiang has great potential
The reporter of China Economic Weekly combed through the 11 provinces with a GDP of more than 2 trillion yuan in the first half of this year, and found that the economy of Hubei Province is still developing steadily, ranking 8th in the country with 2277.769 billion yuan, surpassing Hunan Province. In the first quarter, the GDP of Hubei Province was only one step away from Hunan, Hubei was 987.267 billion yuan, and Hunan was 1022.399 billion yuan.
In addition, compared with the first quarter of this year, the GDP gap between Hubei Province and Fujian in the first half of the year has also narrowed from 87.793 billion yuan to 13.617 billion yuan, which shows that Hubei's economic development in the second quarter has performed well, and the losses caused by the epidemic are being recovered step by step.
From the perspective of GDP growth, Hubei's performance is also remarkable. From the 29 provinces that have released data in the first half of 2021, 26 provinces have a GDP growth rate of more than 10%, of which Hubei has the highest growth rate, reaching 28.5%, and Liaoning, Hebei and Qinghai have GDP growth rates of less than 10%, respectively: 9.9%, 9.9% and 9.1%.
This is hubei province in the first quarter with a year-on-year growth rate of 58.3% after ranking first in the country, once again firmly occupying the first position, showing a relatively strong economic resilience.
Taking stock of the 11 provinces with a GDP of more than 2 trillion yuan, the performance of Zhejiang Province is also quite eye-catching.
According to the data, the GDP of Zhejiang Province in the first half of this year was 3,455.6 billion yuan, an increase of 13.4% year-on-year, keeping pace with Beijing, and the growth rate was second only to 28.5% in Hubei Province and 17.5% in Hainan Province, higher than 13.2% in Jiangsu and 13.5% in Guangdong Province. 0%, 12.8% in Shandong.
From the industrial analysis, the added value of Zhejiang's primary industry was 93.5 billion yuan, an increase of 3.1% year-on-year, an average growth of 2.2% in two years; the added value of the secondary industry was 1,417.7 billion yuan, an increase of 16.9% year-on-year, an average growth of 7.0% in two years; the added value of the tertiary industry was 1,944.4 billion yuan, an increase of 11.5% year-on-year, and an average growth of 6.9% in two years.
The digital economy is Zhejiang's "No. 1 project". In the first half of the year, the added value of the core industries of the digital economy in Zhejiang Province was close to 400 billion yuan, an increase of 17.6% year-on-year, and the proportion of GDP increased to 11.5%. The added value of manufacturing, the core industry of digital economy in Zhejiang Province, has increased by an average of 18.5% in two years.
Wang Meifu, chief statistician of the Zhejiang Provincial Bureau of Statistics, said that in the first half of the year, the economy of Zhejiang Province continued to recover steadily, production demand continued to rise, prices were generally stable, new momentum grew rapidly, quality and efficiency were steadily improved, positive factors continued to accumulate and increase, and economic operation was stable and progressive.
Hainan's two-year average growth rate is the first in the country, and the service industry has the highest contribution rate to Hainan's economy
The economic development of Hainan Province is still in the fast lane, and the economic performance in the first half of the year is remarkable. According to the data, the GDP of Hainan Province in the first half of the year was 288.585 billion yuan, an increase of 17.5% year-on-year, and an average growth of 7.0% in two years.
Among the three data, the average growth rate of the two years is the most prominent, with 7.0% ranking first in the country.
The two-year average growth rate refers to the growth rate calculated by using the geometric average method based on the corresponding number of the same period in 2019. The data shows that Hainan grew by an average of 7.0% in the first two years of the first half of the year.
Not only that, Hainan's GDP growth rate was 17.5% year-on-year, ranking second only to Hubei Province and ranking second in the country. At the press conference on Hainan's economic operation in the first half of 2021 held on July 20, Wang Yu, deputy director of the Provincial Bureau of Statistics, commented on the economic performance of Hainan Province in the first half of the year, saying: "The overall economic operation is stable and progressive, and the recovery growth momentum of the main indicators is consolidated. With the steady recovery of market demand and the continuous release of the favorable policy of the free trade port, the main economic indicators of Hainan maintained double-digit growth in the first half of the year, of which the year-on-year growth rate of fixed asset investment and the total import and export of goods continued to increase compared with the first quarter, increasing by 0.4 and 16.3 percentage points respectively. ”
Behind the "stable and improving economic operation" is the continuous release of policy dividends. Far from saying that on July 26, the Special Administrative Measures for Cross-border Service Trade in Hainan Free Trade Port (Negative List) (2021 Edition) (hereinafter referred to as the "Hainan Cross-border Service Trade Negative List") was officially announced, adding new impetus to Hainan's economic development.
The Hainan Cross-border Service Trade Negative List clearly lists 70 special management measures in 11 categories for overseas service suppliers, and all areas outside the list are treated equally and equally in the Hainan Free Trade Port.
"It can be said that openness, transparency, and predictability have all been greatly improved." Wang Shouwen, vice minister of the Ministry of Commerce and deputy representative of international trade negotiations, said at a press conference that the introduction of the "Hainan Cross-border Service Trade Negative List" is an important measure for China to actively promote high-level institutional opening up under the new development pattern, which is of great significance for promoting the high-quality development of Hainan Free Trade Port, for Stress Testing for China's expansion of opening up on a larger scale, and for China's construction of a higher level of open economy. As far as promoting the high-quality development of Hainan Free Trade Port is concerned, it is an important measure.
The service industry is a leading industry in Hainan, accounting for more than 60% of Hainan's GDP.
The data show that in the first half of this year, the added value of Hainan's primary industry was 61.490 billion yuan, an increase of 5.1% year-on-year, an average growth of 3.3% in two years; the added value of the secondary industry was 49.728 billion yuan, an increase of 13.4% year-on-year, an average growth of 2.6% in two years; the added value of the tertiary industry was 177.367 billion yuan, an increase of 23.7% year-on-year, and an average growth of 9.7% in two years.
It is clear that the performance of the service industry in the first half of the year was particularly prominent. Wang Shouwen said, "Recent statistics show that the development of the service industry has contributed 95.8% to the growth of Hainan's economy. Therefore, the implementation of the "Hainan Cross-border Service Trade Negative List" will promote the opening up and development of Hainan's service industry, such as in the modern service industry, these lists should be said to play a very important role. ”
Editor-in-charge: Yao Kun
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