More Than A Quarter Of The Economic Data Released In Tibet, Chongqing, Guizhou, "Lead" GDP Growth

Throughout the country

After the data came out, all parts of the country were drying out a quarterly report on the economy.

According to the Shanghai Daily's rough statistics, 28 provinces have announced the first quarter economic data, of which 22 provinces GDP growth outperformed the whole country.

From the perspective of GDP growth, Tibet, Chongqing and Guizhou continue to lead the country, of which the GDP growth rate of Guizhou has ranked the top three in the 25 consecutive quarters.

From the perspective of economic volume, Guangdong, Jiangsu, Shandong and Zhejiang are in the "first tier", and the total economic volume exceeds one trillion yuan in the first quarter.

Tibet, Chongqing and Guizhou continue to lead the way.

From the data point of view, most provinces in the first quarter of the country

Higher than the national growth rate of 6.9%.

Among them, Tibet, Chongqing and Guizhou are still the three fastest growing regions in the country, with a growth rate of 11%, 10.5% and 10.2% respectively.

In recent years, three provinces in Tibet, Chongqing and Guizhou have firmly occupied the top three of the national economic growth. Among them, the GDP growth rate of Guizhou has ranked the top three in the 25 consecutive quarters.

Zhang Jun, chief economist of Morgan Stanley Huaxin securities, said that these three provinces are the western provinces with low economic development. The industrial and infrastructural facilities are relatively weak. The increase of investment and the low base effect bring a higher growth rate.

Compared with the western provinces, the economic growth in the eastern and central provinces is relatively stable, and most provinces in the first quarter are growing at a range of 7% to 9%.

From the total economic point of view, the four provinces in Guangdong, Jiangsu, Shandong and Zhejiang all have more than one trillion yuan in the first quarter.

"At present, the pformation of China's economy to consumption and services is mainly concentrated in economically developed provinces in the East and central China. In this process, the slowdown in investment growth has led to a simultaneous decline in economic growth."

Zhang Jun said.

In his view, due to the geographical differences between the provinces in China, the pattern of industrial pfer between Asian economies in the past half century has been replicated among various regions in China.

Rising prices drive economic recovery in resource rich provinces

Most of the provinces in the first quarter witnessed steady economic recovery, especially in Shanxi, Shaanxi, Liaoning, Heilongjiang, Inner Mongolia and Xinjiang.

Data show that coal province

And Shaanxi's GDP growth in the first quarter was 6.1% and 8.1%, respectively, up 1.6 percentage points and 0.5 percentage points respectively.

Liu Xuezhi, a senior researcher at the bank's financial research center, said in an interview with the Shanghai Daily reporter that the rapid rise of commodities, especially coal and steel prices, accelerated the growth of profits in the primary industrial products industry. This is an important reason for resource dependence in the first quarter.

A set of local price data can intuitively feel the price changes.

According to Shanxi Statistics Bureau, Shanxi's PPI grew by 24.8% in the first quarter compared with the same period last year and last year.

In the first quarter, coal prices rose 43.4% over the same period, coke increased by 67.1% and metallurgy increased by 30.6%.

Driven by this, Shanxi

Production growth increased from negative to positive, rising to 5.8% in the first quarter.

In addition, the northeast region's economy also showed signs of warming. In the first quarter, Heilongjiang's GDP growth rate was 6.1%, unchanged from last year's growth rate, while Liaoning's economic growth rate was 2.4%, a change of 2.5% decline in last year's economic downturn.

Focus on real estate market risks and financial risks

Before and after the release of the data, the economic situation analysis conference was held in various localities, analyzing and judging the economic situation in the first quarter, and studying and deploying the next stage of economic work.

In the analysis of the current economic situation, it is generally believed that uncertainties still exist and there is still downward pressure on economic operation.

For example, Gansu mentioned that industrial production is running low, investment in fixed assets has dropped sharply, new uncertainties and uncertainties are increasing, and the economic situation in the province is still complex and severe.

Jiangsu also said that we must soberly realize that our province's economic operation is stable, and there are also difficulties and stability. The downward pressure on the economy still exists.

When deploying the focus of the next stage of work, all regions put forward the need to expand effective investment, but much emphasized that the emphasis should be placed on industrial investment, substantially increasing the proportion of industrial investment in fixed assets investment, and constantly expanding industrial investment.

The reporters of the Shanghai Daily found that since April, the major projects have been concentrating more quickly since April. Only a large number of major investment projects have been launched in Xinjiang and Fujian, and the total planned investment has exceeded 1 trillion and 400 billion yuan.

Among them, industry, new materials,

And investment in information industry has become a highlight.

It is worth noting that many places also emphasize the need to guard against risks.

For example, Zhejiang mentioned that it is necessary to guard against all kinds of risks, especially financial risks.

Guangdong said that we must firmly grasp the bottom line of risk prevention, guard against financial risks and promote the steady and healthy development of the real estate industry.

However, Jiangsu proposed that we should focus on preventing and defusing economic and social risks. We should pay special attention to the risks of real estate market, financial risks and social contradictions. We should combine the ongoing activities to resolve potential risks and eliminate them at the grassroots level.

More interesting reports, please pay attention.

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