on January 21, Beijing Mayor Yin Yong introduced that the city's GDP will grow by 5.2% in 2023, about 4.4 trillion yuan. According to the statistics of the Securities Daily, 12 provinces, including Beijing, Tianjin, Hebei, Liaoning, Jilin, Shandong, Hunan, Hainan, Chongqing, Sichuan, Gansu and Inner Mongolia, have released economic data for 2023. According to the data released by
the National Bureau of Statistics on January 17, the gross domestic product (GDP) in 2023 was 1260582 billion yuan, an increase of 5.2% over the previous year at constant prices. Of the
12 provinces mentioned above, 9 provinces outperformed the whole country in GDP growth. Liu Xiangdong, Vice Minister of Economic Research Department of China International Economic Exchange Center, told the Securities Daily that in the process of sustained economic recovery and development, the economic growth rate of many provinces has exceeded that of the whole country, and the total economic output has stepped up to a new level, reflecting that many measures have been taken to stimulate market vitality and strive to restore the regional economy.
Last year, the total GDP of many provinces reached a new high
. In terms of the total amount, the GDP of 12 provinces that have published the economic data for the whole year of 2023 has stepped up to a new level. Among them, the annual GDP of Shandong, Sichuan and Hunan exceeded 9 trillion yuan, 6 trillion yuan and 5 trillion yuan respectively for the first time, and the annual GDP of Chongqing and Liaoning entered the "3 trillion yuan club".
"The industrial layout of these areas is relatively perfect, the economic development momentum is good, and they have good market prospects and development potential.". In the new round of economic development, the above-mentioned regions focus on innovation-driven, transformation and upgrading, and talent introduction to accelerate high-quality development. Tian Lihui, Dean of the Financial Development Research Institute of Nankai University, told the Securities Daily reporter.
As a major northern economic province, the main economic indicators of Shandong Province have improved significantly in 2023. According to reports, Shandong's GDP in 2023 was 92069 billion yuan, an increase of 6.0% over the previous year at constant prices, which not only represents a significant increase in its total economic output, but also reflects the improvement of its economic quality and efficiency. Fu Xiangguo, deputy director and spokesman of
Shandong Provincial Bureau of Statistics, introduced at the press conference of Shandong Provincial Government held on January 19: "The supply and demand sides of Shandong Province have recovered in coordination, and the government has timely launched a package of practical and effective policies and measures to promote the simultaneous recovery of production supply and market demand."; Accelerate the improvement of quality and efficiency, promote the transformation of new and old kinetic energy in depth, continuously optimize the industrial structure, accumulate growth momentum, and shape strong development advantages; steadily enhance the market vitality, make every effort to break the constraints in the development of private economy and private investment, steadily improve the market expectations, and continuously enhance the vitality of business entities.
From the perspective of GDP growth, among the 12 provinces mentioned above, Beijing is equal to the whole country, Hunan and Tianjin are lower than the national level, and the remaining 9 provinces outperform the whole country. Among them, Hainan's GDP grew by 9.2% year-on-year, temporarily leading the growth rate. Inner Mongolia's GDP grew by 7.3% year-on-year, the highest growth rate since 2016.
"In the regional economic structure, Hainan, Inner Mongolia, Gansu, Jilin, Chongqing and other provinces deserve attention." According to Liu Xiangdong's analysis, from the perspective of driving economic growth, the sustained recovery of service industry and industry is the main driving force for rapid economic growth. For example, although Hainan's total economic volume is small, the growth rate of its secondary and tertiary industries remains double-digit, at 10.6% and 10.3% respectively; The growth rate of the added value of the tertiary industry in Jilin reached 6.9%, and the growth rate of the added value of the secondary industry reached 5.9%. This reflects the rapid recovery of the contact agglomeration service industry, especially the cultural tourism, catering and accommodation services, which strongly supports the stabilization of economic growth.
This year, many places
will do a good job in scientific and technological innovation
. Recently, the local "two sessions" have been held in 2024. For this year's GDP target, Beijing has set it at about 5% and Chongqing at about 6%.
For the work in 2024, we should adhere to scientific and technological innovation and take various measures to stabilize investment and promote consumption. For example, Hu Henghua, mayor of Chongqing, said in his report on the work of the government that he insisted on promoting industrial innovation through scientific and technological innovation and accelerating the construction of a modern industrial system. We should persist in putting the high-quality development of manufacturing industry in a more prominent position, persevere in leading the ecology, promote industrial agglomeration, technological innovation and integrated development, and vigorously cultivate new quality productivity. We should take various measures to stabilize investment and promote consumption, and fully stimulate demand potential and economic vitality. Stimulate potential consumption, expand effective investment, and form a virtuous circle of mutual promotion between consumption and investment.
Beijing Mayor Yin Yong said in his government work report that Beijing will focus on building an international science and technology innovation center, further developing new momentum and new advantages, strengthening, optimizing and expanding the digital economy, and better enabling the capital's high-quality development; We should coordinate the expansion of domestic demand and deepen the structural reform of the supply side, and consolidate and strengthen the trend of economic recovery.
In Tian Lihui's view, in 2024, China's regional coordinated development is expected to be further strengthened, emerging industries will further rise, central cities and urban agglomerations will further grow, and rural revitalization and urban-rural integration will be further strengthened. The development of regional economy will pay more attention to coordinated development, innovation-driven and transformation and upgrading development, ecological civilization construction and green development.
Liu Xiangdong believes that in 2024, regional economic development will continue to show the characteristics of competitive development and continuous differentiation, and the economic structure will continue to optimize and adjust, especially as consumption becomes the main driving force of the economy, local governments will need to work hard to increase residents'income through multiple channels.
"Specifically, it includes continuing to optimize the business environment, deepening the reform of the system and mechanism, making good use of the open cooperation platform, and further stimulating market vitality and social creativity.". To promote the rational distribution and high-quality development of regional economy, we should not only optimize the distribution of major productive forces on the existing basis, further improve infrastructure, enhance the level of social security and other basic work, but also focus on building a modern industrial system relying on scientific and technological innovation, and foster new momentum of economic growth. Liu Xiangdong said.
Tian Lihui said that in order to improve the further development of regional economy, it is necessary to increase investment and financial support, promote infrastructure construction and improve people's livelihood, strengthen personnel training and scientific and technological innovation, improve economic innovation and competitiveness, optimize business environment and market mechanism, and attract more investment and enterprises; We need to strengthen regional cooperation and coordinated development, break administrative barriers and regional blockades, and promote resource sharing and complementary advantages; we need to promote environmental protection and sustainable development, and promote the concept of green development to take root.
