Interpretation of 2021 GDP data of 11 cities in the province

2022-07-13 0 By

In 2021, the nominal GDP growth rate of Our province “skyrocketed” to 28%, ranking first in China. It is the only provincial administrative region in China with a nominal growth rate of more than 20%, 10 percentage points higher than the second ranked Inner Mongolia Autonomous Region.In comparable terms, the real growth rate was 9.1 percent, ranking third among 31 provincial-level regions, behind only Hubei and Hainan.Fiscal revenue increased by 23.4 percent and industrial enterprise profits increased by 2.5 times, both hitting record highs.Can see, the growth pattern of my province differs somewhat with previous years.Broken down by city, what changes can be seen in the GDP figures?■ Which city has the highest GDP growth?Regional economy presents the tendency of differentiation.In terms of growth rate, among the 11 cities, the actual growth rate is the highest in Jincheng, up to 11.6%;Changzhi, which ranked second, also saw a real growth rate of 11 percent.Xinzhou and Shuozhou ranked third and fourth with 10.6% and 9.8% growth respectively.In contrast, the actual growth rate was the lowest in Yangquan city at 6.7%, followed by Jinzhong city at 6.8%.It can be said that the southeast of Shanxi is the leader, the north of Shanxi courageously.In terms of the total GDP, Taiyuan, as the provincial capital city, has made another step up, breaking the 500 billion yuan mark for the first time, ranking first among 11 cities, accounting for 22.7% of the total GDP of the province.In general, all industries in Taiyuan are relatively balanced. The industries above designated size continue to improve, the equipment manufacturing industry grows strongly, and the consumer market recovers steadily.The GDP of Changzhi is 231.1 billion yuan, which ranks second among the 11 cities, but less than half of the total GDP of Taiyuan.The total GDP of Changzhi, Luliang and Yuncheng all jumped to 200 billion yuan, between 200 billion and 250 billion yuan, respectively 231.1 billion yuan, 207.1 billion yuan and 205.3 billion yuan.Among the 11 cities in the province, there is no city in the range of 250 billion yuan to 500 billion yuan, showing a state of disarray.■ What are the changes compared with last year?Industry insiders say that 2021 is a year of “full growth” in the GDP of all cities in our province.In fact, there are six cities in Our province that produce more than 100 million tons of coal annually, and the nominal GDP growth rate of all the 11 cities in the province has exceeded 20%, with changzhi, Luliang and Jincheng even exceeding 30%, and the highest changzhi reaching 35%.It is worth noting that this year, Jincheng overtakes Linfen and Jinzhong, ranking up two, ranking the fifth of 11 cities.Linfen, Jinzhong ranked down a place respectively, ranked 6th, 7th.The total GDP of the three cities is very close, jincheng is only 200 million yuan more than Linfen, there is still a large space for future changes in the ranking.”2021 is a year of steady economic recovery for all cities in Our province. The leader is still Taiyuan, the provincial capital city, which has always been ranked in the first echelon, while other cities show a development trend of catching up with each other and seeking progress while maintaining stability.”Provincial bureau of Statistics experts said.■ What is the momentum of 2022?According to statistics, in 2021 the province’s planned raw coal output of 1.19 billion tons, an increase of 10.5%, accounting for 29% of the country.Electricity generation was 373.44 billion KWH, up 8.9% (123.47 billion KWH of electricity was delivered externally).Coal-derived gas output reached 9.41 billion cubic meters, up 15.6%.Coal, electricity and gas production hit record highs.In fact, coal is not the only industry in our province.Data show that the growth rate of non-coal industry in our province this year is even faster than coal industry.In Taiyuan, the provincial capital, equipment manufacturing accounted for 25 percent of industrial added value, while the steel industry accounted for 24.3 percent.In terms of per capita GDP, the province’s per capita GDP will increase from 7,326 DOLLARS last year to 10,035 dollars in 2021, breaking the 10,000 dollars mark.The cities ranked taiyuan, Shuozhou, Jincheng, Changzhi, Yangquan, Luliang, Jinzhong, Datong, Xinzhou, Linfen, Yuncheng.Taiyuan ranked first, with nearly 100,000 yuan.Yuncheng ranked last with 43,000 yuan, and Taiyuan 2.24 times that.From the ranking of economic density of 11 cities, it can be seen that Taiyuan ranks the first, far ahead of other cities.Xinzhou ranked last, with just 7% of Taiyuan’s total.The GDP growth target of Our province in 2022 is 6.5%, which is still in a higher range compared with other provinces.In this regard, experts from the provincial Bureau of Statistics said that In 2022, China is facing triple pressure of demand contraction, supply shock and weakening expectations, and local governments are paying more attention to the guidance of expectations.”Many provinces have lowered their economic growth targets, but they still maintain a medium-high speed growth rate of over 5 percent, and the good competition is still going on.”The above experts believe that the momentum of regional economic development this year is still generally optimistic.(wang lei)