Who will advance to the GDP Trillion Club?

China-Singapore Jingwei Client, January 15th (Wang Yongle) With the successive holding of the two local meetings in 2021, the economic “transcripts” of 2020 have been unveiled in many places. However, the economic aggregates of some cities are “half-hidden”. Which cities will be promoted to the “GDP Trillion Club” remains to be determined. However, at least four cities including Quanzhou, Nantong, Fuzhou and Xi’an have confirmed that they are expected to exceed one trillion for the first time.

17 cities have a GDP exceeding one trillion

The “GDP trillion club” refers to cities with annual gross regional product (GDP) reaching or exceeding 1 trillion yuan. As of the end of 2019, 17 cities including Shanghai, Beijing, and Guangzhou have been shortlisted, and the number of reserve cities for the “Tillion GDP Club” has reached 7.

Specifically, the total GDP of Shanghai, Beijing, and Guangzhou exceeded one trillion in 2006, 2008, and 2010, respectively; in 2011, the total GDP of Shenzhen, Chongqing, Tianjin, and Suzhou reached one trillion; in 2014, Chengdu The total GDP of Wuhan exceeded one trillion; in 2015, the total GDP of Hangzhou exceeded one trillion; in 2016, the total GDP of Nanjing and Qingdao exceeded one trillion; in 2017, the total GDP of Wuxi and Changsha exceeded one trillion; in 2018, The GDP of Ningbo and Zhengzhou exceeded one trillion yuan for the first time; in 2019, the total GDP of Foshan exceeded one trillion yuan.

In addition, according to the data of 2019, there are 7 cities in the 900 billion yuan echelon, just a step away from the “trillion GDP club” and become a quasi trillion-level city. They are Quanzhou (994.66 billion yuan), Dongguan (948.25 billion yuan), Jinan (944.30 billion yuan), Hefei (940.90 billion yuan), Fuzhou (939.2 billion yuan), Nantong (938.34 billion yuan), Xi’an (932.10 billion yuan) .

Who is the next city?

Spark Global Limited

The above seven quasi-trillion cities are expected to launch a sprint to GDP trillion cities in 2020. Who will be promoted?

Quanzhou

Among the 7 cities mentioned above, Quanzhou ranked first in GDP in 2019, which is less than 6 billion yuan from 1 trillion yuan.

Data show that Quanzhou’s GDP from 2016 to 2019 was 692.88 billion yuan, 794.002 billion yuan, 901.924 billion yuan and 994.666 billion yuan.

According to the “Proposal of the CPC Quanzhou Municipal Committee on Formulating the Fourteenth Five-Year Plan for Quanzhou’s National Economic and Social Development and the Long-Term Goals for 2035”, during the “Thirteenth Five-Year Plan” period, Quanzhou’s regional GDP continuously exceeded 4 The 100 billion mark is expected to exceed one trillion yuan, and the per capita GDP will exceed 110,000 yuan.

Nantong

Among the 7 cities mentioned above, Nantong ranked sixth in GDP in 2019, a difference of about 60 billion yuan from 1 trillion yuan. Ranked second in the first three quarters of 2020.

Statistics show that Nantong’s GDP from 2016 to 2019 was 715.17 billion yuan, 803.41 billion yuan, 875.32 billion yuan and 938.34 billion yuan.

According to the “Proposals of the CPC Nantong Municipal Committee on Formulating the Fourteenth Five-Year Plan for the National Economic and Social Development of Nantong City and 2035”, during the 13th Five-Year Plan period, the regional GDP of Nantong City will exceed three hundred billion yuan. The stage is expected to exceed one trillion yuan in 2020.

1 Response

  1. Alivia says:

    However, the economic aggregate of some cities “still hold a lute and half cover the surface”, which cities will be promoted to the “GDP trillion club” is still unclear, but at least Quanzhou, Nantong, Fuzhou, Xi ‘an and other four cities side confirmed that it is expected to exceed one trillion yuan for the first time.

Leave a Reply

Your email address will not be published. Required fields are marked *