The GDP of 31 provinces in the first three quarters was released: the growth rate of 18 provinces exceeded that of the whole country, and Shanxi was the fastest.
On November 2, Shaanxi and Jilin announced the economic situation in the first three quarters of this year. The GDP of Shaanxi in the first three quarters was 2,350.197 billion yuan, up 4.8% year-on-year, while that of Jilin in the first three quarters was 943.306 billion yuan, down 1.6% year-on-year.
So far, the third quarterly economic reports of 31 provinces (autonomous regions and municipalities, excluding Hong Kong, Macao and Taiwan) have all been published.
Earlier, the national economic data of the first three quarters released by the National Bureau of Statistics showed that the gross domestic product in the first three quarters was 87,026.9 billion yuan, an increase of 3.0% year-on-year at constant prices, 0.5 percentage points faster than that in the first half of the year.
Among the 31 provinces, the total GDP of 25 provinces in the first three quarters exceeded one trillion yuan. Among them, the GDP of Guangdong (9,172.322 billion yuan), Jiangsu (8,865.27 billion yuan), Shandong (6,440.9 billion yuan) and Zhejiang (5,575 billion yuan) exceeded 5 trillion yuan in the first three quarters.
In the first three quarters, the total GDP was between 3 trillion yuan and 5 trillion yuan in eight provinces, namely Henan (4,702.273 billion yuan), Sichuan (4,043.28 billion yuan), Fujian (3,779.371 billion yuan), Hubei (3,729.890 billion yuan), Hunan (3,533.263 billion yuan) and Anhui (3,377.363 billion yuan).
The GDP of six provinces (Beijing (2,992.63 billion yuan), Shaanxi (2,350.197 billion yuan), Jiangxi (2,321.43 billion yuan), Chongqing (2,083.506 billion yuan), Yunnan (2,081.786 billion yuan) and Liaoning (2,079.66 billion yuan) ranged from 2 trillion yuan to 3 trillion yuan in the first three quarters.
In addition, Guangxi (1,886.588 billion yuan), Shanxi (1,802.635 billion yuan), Inner Mongolia (1,620.9 billion yuan), Guizhou (1,475.592 billion yuan), Xinjiang (1,302.382 billion yuan), Tianjin (1,189.610 billion yuan) and Heilongjiang (104.66 billion yuan).
In the first three quarters, Jilin (943.306 billion yuan), Gansu (812.42 billion yuan), Hainan (477.914 billion yuan), Ningxia (359.918 billion yuan), Qinghai (256.38 billion yuan) and Tibet (146.075 billion yuan) had GDP below one trillion yuan.
In terms of GDP growth rate, among the 31 provinces, 18 provinces outperformed the whole country (3.0%) in the first three quarters. They are Shanxi (5.3%), Fujian (5.2%), Jiangxi (5.0%), Inner Mongolia (5.0%), Ningxia (4.9%), Hunan (4.8%), Shaanxi (4.8%), Hubei (4.7%) and Gansu (4.1%).
Affected by the epidemic, Shanghai, Hainan and Jilin failed to achieve positive growth in the first three quarters of this year. Among them, Shanghai’s GDP in the first three quarters decreased by 1.4% year-on-year, but the decline was 4.3 percentage points narrower than that in the first half of the year; Jilin’s GDP in the first three quarters decreased by 1.6% year-on-year, and the decline was also narrowed by 4.4 percentage points compared with the first half. Hainan was greatly affected by the epidemic in the third quarter. In the first three quarters, GDP decreased by 0.5% year-on-year, and the growth rate dropped by 2.1 percentage points compared with the first half.
In terms of regions, the total GDP of the eastern provinces is still ahead. Among the 25 provinces whose total GDP exceeded one trillion yuan in the first three quarters, nine (Guangdong, Jiangsu, Shandong, Zhejiang, Fujian, Shanghai, Hebei, Beijing and Tianjin) are from the eastern region, and the four provinces (Guangdong, Jiangsu, Shandong and Zhejiang) with a total amount of more than 5 trillion yuan are all eastern provinces. However, the GDP growth rate of the eastern provinces has slowed down, and the growth rate of six provinces is lower than that of the whole country.
The GDP growth rate of the western region and the central provinces is more eye-catching. Among the 18 provinces whose GDP growth rate outperformed the whole country in the first three quarters, 8 provinces (Inner Mongolia, Ningxia, Shaanxi, Gansu, Xinjiang, Yunnan, Chongqing and Guangxi) came from the western region, and the growth rate of the six central provinces (Shanxi, Jiangxi, Hunan, Hubei, Henan and Anhui) was faster than that of the whole country, with the growth rate of 5.3% in Shanxi being the highest in 31 provinces. At the same time, compared with the western region, the total GDP of the provinces in the central region in the first three quarters is also considerable, with the total GDP of the six provinces exceeding one trillion yuan, and that of Henan, Hubei, Hunan and Anhui exceeding three trillion yuan.
Among the three northeastern provinces, the total GDP of Liaoning and Heilongjiang in the first three quarters exceeded one trillion yuan. Among them, Liaoning passed the threshold of two trillion yuan, and among the three provinces, Heilongjiang had the fastest GDP growth in the first three quarters.
Under the background of expanding energy demand and rising energy prices, the GDP growth rate of Shanxi, Inner Mongolia and Ningxia is bright, and the industrial support is particularly obvious. In the first three quarters of this year, the added value of industrial enterprises above designated size in the three provinces increased by 9.7%, 8.9% and 8.8% respectively, both faster than the national level (3.9%).
Energy production in the first three quarters of the three provinces also grew at a considerable rate. Among them, in the first three quarters, Shanxi’s total social raw coal output was 977.91 million tons, an increase of 93.01 million tons, an increase of 10.5%; Unconventional natural gas output was 8.24 billion cubic meters, an increase of 13.8%. In the first three quarters of Inner Mongolia, the raw coal output of industrial enterprises above designated size was 872 million tons, a year-on-year increase of 15.6%. In the first three quarters of Ningxia, the output of industrial raw coal above designated size was 70.681 million tons, up 11.0% year-on-year.
Manufacturing investment strongly supported Fujian’s GDP growth in the first three quarters. The data shows that from January to September, Fujian’s fixed assets investment was 1,579.211 billion yuan, up 9.2% year-on-year. In terms of fields, real estate development investment decreased by 8.0%, manufacturing investment increased by 23.2%, and infrastructure investment increased by 14.4%.
Jiangxi’s industrial production is also outstanding. The data shows that in the first three quarters, the added value of industrial enterprises above designated size increased by 7.4% year-on-year. In particular, the growth of new kinetic energy accelerated. In the first three quarters, the added value of strategic emerging industries, high-tech industries and equipment manufacturing in Jiangxi increased by 19.8%, 16.6% and 17.0% respectively. Among the main industrial products, new energy vehicles, solar cells and integrated circuits increased by 118.0%, 111.3% and 63.0% respectively.
In addition, the reporter found that among the 31 provinces, the GDP growth rate of 24 provinces in the first three quarters of this year has accelerated compared with the growth rate in the first year of the COVID-19 epidemic (2020), but it is generally not as good as that in the same period of 2019 before the epidemic.