Tagged: exceeded

Top ten GDP cities in central and Western China: Chongqing

After China’s economy has entered a new stage of transformation and upgrading, the role of central cities in economic development has become increasingly prominent. Especially in the central and western regions, the role of central growth pole is more prominent.
Based on the statistics of the main economic indicators of the top ten cities with GDP in the first three quarters of the central and western regions and the top ten cities in 2019, the GDP of five cities in the central and western regions exceeded trillion yuan in 2019, of which Chongqing, Chengdu and Wuhan are among the top three cities in the central and western regions. In addition, nine of the top 10 cities are provincial capitals, and only Luoyang is an ordinary prefecture level city.
Who is the biggest brother in the Midwest?
According to the data, in the first three quarters, Chongqing, Chengdu, Wuhan, Changsha, Zhengzhou, Hefei, Xi’an, Kunming, Nanchang and Luoyang are the top ten cities in the central and western regions, which are consistent with the whole year of 2019.
Among them, in the first three quarters, the GDP of Chongqing, Chengdu and Wuhan exceeded trillion yuan, Changsha and Zhengzhou exceeded 800 billion yuan, and Hefei and Xi’an were in the echelon of 700 billion yuan.

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From the perspective of the whole year of 2019, there are five cities with GDP exceeding the trillion yuan mark, namely Chongqing, Chengdu, Wuhan, Changsha and Zhengzhou; Hefei and Xi’an, with more than 900 billion yuan, belong to the reserve forces of the club cities with trillion GDP, so it is more likely to break through the trillion yuan mark this year. These seven cities are also the most competitive “seven little dragons” in central and Western China.
From the perspective of specific cities, Chongqing, Chengdu and Wuhan are in the first echelon. These three cities are the three cities with the largest economic volume, the largest population in the central urban area and the strongest radiation force in the central and western regions. They are also national central cities. In a number of important indicators, the three cities are significantly ahead of other cities.
For example, in terms of GDP, the three cities will all exceed 1.6 trillion yuan in 2019; in terms of total capital, Chongqing and Chengdu will both exceed 3.9 trillion yuan; in terms of the population size of the main urban areas, the three cities will have more than 8 million people, and they are marching towards megacities.
As the only municipality directly under the central government in the central and western regions, Chongqing’s GDP ranks first in the central and western regions. In the first three quarters of this year, Chongqing’s GDP reached 177.710 billion yuan, a year-on-year increase of 2.6%. According to the current situation, it is very likely that Chongqing’s GDP will surpass that of Guangzhou in the whole year.
Peng Peng, executive chairman of the Guangdong Provincial Institute of restructuring and reform, who is home to Chongqing, analyzed to the first financial reporter that the area and total population of Chongqing are much larger than those of Guangzhou. Chongqing has a population of more than 30 million, with an area of 82400 square kilometers, which is equivalent to a medium-sized province. There is still a lot of room for development. It is normal for Chongqing’s GDP to rank before Guangzhou in the future.
From the analysis of industrial structure, Chongqing’s rapid economic growth is closely related to the rapid growth of industrial manufacturing industry. In particular, with the rapid growth of “6 + 1” pillar industries, such as automobile, electronics, equipment, chemical medicine, consumer goods, materials and energy, Chongqing has taken the lead in completing the industrialization process in the central and western provinces. However, compared with Wuhan and Chengdu, Chongqing’s industry is relatively “traditional”, and the development of high-tech industry, emerging industry and intelligent manufacturing is insufficient.
Among them, state-level high-tech enterprises are important indicators to measure the development of high-tech industries in a city. According to the data, in 2019, the number of state-owned high-tech enterprises in Wuhan and Chengdu has exceeded 4000, while the number of state-owned high-tech enterprises in Chongqing is 3141, which is far away from both Wuhan and Chengdu.
Wuhan is the city with the strongest higher education strength in the central and western regions, and also the city with the largest number of high-tech enterprises in the central and western regions. In 2019, Wuhan has reached 4417. Wuhan East Lake high tech Zone has gathered dozens of listed companies such as Fiberhome communications, Huagong technology, etc., which is one of the most concentrated areas of Listed Companies in China.
Compared with Chongqing and Chengdu in the upper reaches of the Yangtze River, Wuhan also has shortcomings and gaps in many aspects. For example, Wuhan’s total capital is 2.86 trillion yuan, while Chongqing and Chengdu exceed 3.9 trillion yuan in the same period; in 2019, the foreign trade import and export volume of Chongqing and Chengdu both reached about 580 billion yuan, while that of Wuhan was only 244 billion yuan in the same period. In addition, Wuhan is located in the middle reaches of the Yangtze River urban agglomeration, the overall competitiveness is also significantly lower than that of Chengdu Chongqing urban agglomeration.
Changsha and Zhengzhou compete for the second place in Central China
Hefei, Xi’an: towards the trillion mark
After the top three, Changsha and Zhengzhou, the two central provincial capitals, ranked fourth and fifth respectively. The provinces where these two cities are located are the provinces with large population and agriculture in the central region, as well as the top ten provinces in terms of economic aggregate. In general, there is a big distance between the two cities. Therefore, in the future, which city will be the fourth in the Midwest and the second in the central China?
According to the data, Zhengzhou’s GDP will surpass Changsha by 1.5 billion yuan in 2019 and become the second largest in Central China. However, in the first three quarters of this year, Changsha and Zhengzhou compete for the second place in Central China
Hefei, Xi’an: towards the trillion mark
After the top three, Changsha and Zhengzhou, the two central provincial capitals, ranked fourth and fifth respectively. The provinces where these two cities are located are the provinces with large population and agriculture in the central region, as well as the top ten provinces in terms of economic aggregate. In general, there is a big distance between the two cities. Therefore, in the future, which city will be the fourth in the Midwest and the second in the central China?
According to the data, Zhengzhou’s GDP will surpass Changsha by 1.5 billion yuan in 2019 and become the second largest in Central China. However, in the first three quarters of this year, Changsha surpassed Zhengzhou by 28.4 billion yuan, ranking second in the center.
From the main economic indicators, the two cities have their own advantages. In terms of foreign trade import and export, Zhengzhou is twice as much as Changsha. In addition, in terms of the size of permanent residents, urban population and economic hinterland, Zhengzhou has more prominent advantages. Niu Fengrui, a researcher at the center for urban development and environment of the Chinese Academy of Social Sciences, analyzed the first financial reporter. Zhengzhou is the capital city of Henan. Henan is the most populous province in China, and is the core area of the Central Plains. As the center of land transportation, Zhengzhou is becoming more and more important as a logistics center.
However, Changsha also has obvious advantages. On the one hand, Changsha’s equipment manufacturing industry, cultural industry, medicine and automobile industry are very prominent. Take the equipment manufacturing industry as an example, in recent years, Sany Heavy Industry, Zoomlion, Shanhe intelligent and other equipment manufacturing enterprises have emerged in Changsha. On the other hand, Changsha’s private economy is also very good. At the same time, it also has famous universities such as National Defense University of science and technology, Central South University and Hunan University. The development trend of high-tech industry is also very good. Last year, the number of state-owned high-tech enterprises in Changsha exceeded 3000.
Geng Mingzhai, honorary Dean of the school of economics of Henan University, believes that Zhengzhou lacks a high-level platform for gathering innovative talents, and there is no good university, university or institute, so the total amount and level of high-quality innovative talents are not enough.
The GDP of Hefei and Xi’an both exceeded 900 billion yuan last year, and exceeded 700 billion yuan in the first three quarters of this year. Both cities are expected to enter the ranks of trillion cities this year.
These two cities have also been popular on the Internet in recent years. Among them, Hefei is widely concerned because of its large-scale layout in emerging industries. According to the data, at the beginning of the founding of new China, Hefei was a small city with a population of only 60600, with a total industrial output value of only 1.63 million yuan, far less than Bengbu, Wuhu, Anqing and other cities in the province. Even in 2000, Hefei was known as a big county seat by the outside world. At that time, its GDP was only 32.5 billion yuan, ranking more than 80 cities in China. However, after entering the new century, Hefei has made great progress all the way, surpassing many provincial capitals and cities with separate plans, ranking 21st in China in 2019.
Lin Fei, a researcher at the Institute of economics, Anhui Academy of Social Sciences, analyzed Hefei’s overall development thinking in recent years, accurately grasped the industrial development law, and grasped the industrial division and upgrading path. On the one hand, it did a good job in the agglomeration and upgrading of the original industries, on the other hand, it vigorously developed emerging industries such as integrated circuits and artificial intelligence.
Xi’an is the only one among the nine national central cities whose GDP has not yet exceeded the trillion mark. In the first three quarters of this year, Xi’an’s GDP reached 707.531 billion yuan, an increase of 4.5%. It is very possible to break through the trillion mark.
At present, Xi’an is the leading city in the whole northwest region, with a high degree of primacy. At the same time, Xi’an is one of the five major science and education towns in China, with good innovation resources and urban development foundation.