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"Trillion yuan GDP club" expected to expand to 17 cities, more than 70% of them located in E. China

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China's"trillion yuan GDP club" expected to expand to 17 cities, more than 70% of them located in E. China
2019-01-10 00:50:09
https://www.toutiao.com/a6644540361077162503/
bd9c09f637fc46e296b1f178a81a2bee

Zhongxin Jingwei data map




Zhongxin Jingwei Client January 10 (Wang Yongle) In 2019, the provincial-level local two conferences have been opened, and all localities will enter the time to announce the "financial report" of the region in the previous year. Which provinces, autonomous regions and municipalities will enter the "3 trillion clubs"? Which cities will be among the “Trillion Clubs”?

In 2017, 14 cities have entered the “Trillion Club”. The total GDP of Shanghai, Beijing and Guangzhou exceeded 1 trillion in 2006, 2008 and 2010 respectively; in 2011, the total GDP of Shenzhen, Chongqing, Tianjin and Suzhou entered the trillions; in 2014, the total GDP of Chengdu and Wuhan In 2015, the total GDP of Hangzhou exceeded 1 trillion; in 2016, the total GDP of Nanjing and Qingdao exceeded 1 trillion; in 2017, the total GDP of Wuxi and Changsha exceeded 1 trillion.

Beijing will be among the "3 trillion clubs"

Among the 14 cities with a GDP of over one trillion in 2017, Shanghai became the first city to cross 3 trillion, and more than 2 trillion in Beijing, Shenzhen and Guangzhou.

However, Shanghai is not destined to be alone, and Beijing will soon become the second city with a total GDP of 3 trillion.

The relevant person in charge of the Beijing Development and Reform Commission revealed at the press conference held on December 24, 2018 that in 2018, Beijing's GDP is expected to exceed RMB 3 trillion, which is about 6.5% year-on-year. The expected target, per capita GDP is expected to exceed $20,000 in 2018.


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In 2017, the total GDP of 11 provinces, autonomous regions and municipalities exceeded 3 trillion yuan. They are Guangdong, Jiangsu, Shandong, Zhejiang, Henan, Sichuan, Hubei, Hebei, Hunan, Fujian and Shanghai. With the finalists in Beijing, the "3 trillion clubs" in 2018 will be expanded to at least 12 places. Following Anhui in Beijing, the total GDP in 2017 was 2.7 trillion yuan. It is still difficult to determine whether it can enter the “3 trillion clubs”.

Ningbo and other places are expected to enter the "Trillion Club"

According to the statistics of Zhongxin Jingwei client, the cities with total GDP below 1 trillion yuan and more than 900 billion yuan in 2017 are Ningbo, Foshan and Zhengzhou respectively. The total GDP is 984.21 billion yuan, 954.96 billion yuan and 913.02 billion yuan respectively. The three cities are just a step away from the “Trillion Club”.

On January 5, 2018, the Fifth Plenary Session of the 12th CPC Foshan Municipal Committee proposed that the target of Foshan's economic growth in 2018 is about 8%. Foshan's economic performance in the first three quarters of 2018 showed that GDP grew by 6.2% year-on-year. According to this speculation, the total GDP of Foshan in 2018 is expected to exceed 1 trillion yuan.

According to public information, the GDP of Ningbo and Zhengzhou will exceed 1 trillion yuan in 2018.

On September 27, 2018, Wang Xinwei, then acting mayor of Zhengzhou City, made a government work report at the first meeting of the 15th People's Congress of Zhengzhou City. It is estimated that the regional GDP will exceed 1 trillion yuan in 2018. The average annual growth rate in the past five years will be about 9%, and the per capita GDP will exceed 100,000 yuan.

On January 3, 2019, Ningbo held the Economic Work Conference of the Municipal Party Committee, announcing that the estimated GDP exceeded 20 trillion yuan in 2018, the total fiscal revenue exceeded 250 billion yuan, and the per capita disposable income of Ningbo residents exceeded 50,000 yuan.

From the geographical distribution of the above-mentioned 17 cities, 12 cities are located in the eastern region, accounting for 70.59%, and the eastern part is the leader. 3 cities are located in the central part (Wuhan, Changsha, Zhengzhou), 2 is located in the western area (Chongqing and Chengdu).

According to the data, in addition to the above 17 cities, the total GDP in 2017 exceeded 700 billion yuan in Nantong, Dongguan, Quanzhou, Xi'an, Dalian, Yantai, Hefei, Jinan and Fuzhou. Although "the hero of not only GDP" has become a consensus. But for a city, this global indicator system is still one of the yardsticks for measuring economic and social development. The above-mentioned 9 cities have already made plans for the “Trillion Club”, which can be described as the “Trillion Club” reserve army.

According to the Nanfang Daily, at the 14th Congress of the Communist Party of China in December 2016, Dongguan put forward the goal of “over 20 trillion yuan in 2021”.

In March 2018, the Xi'an Municipal People's Government issued the "Da Xi'an (Xi'an - Xi Xian New District) National Economic and Social Development Plan (2017-2021)" proposed that by 2021, Xi'an's GDP reached 1 trillion yuan. Above, the growth rate ranks first in the sub-provincial city.

According to the Yangzi Evening News, the Sixth Plenary Session of the Second Session of the Nantong Municipal Committee held on July 30, 2018 proposed that by 2020, Nantong’s GDP will rank among the “trillion-yuan clubs” in the country, and after five years of hard work, the economic aggregate will be in place. The top 15 large and medium-sized cities across the country have basically reached the I-type big city standard, becoming a veritable economic center of the Yangtze River Delta North Wing and Shanghai “North Gate”.

In addition, Quanzhou proposed to strive to become one of the trillions of GDP cities in 2020; Hefei proposed at the beginning of 2018 that the city's GDP will exceed 1.1 trillion yuan in the next five years, and the per capita GDP will exceed 20,000 US dollars; December 19, 2018, Jinan It is proposed that the market main body will break through 1 million in July 2019, and it will accumulate energy for entering the “GDP trillion club”.

Which other cities will enter the “Trillion Club” in the future? let us wait and see. (Zhongxin Jingwei APP)
 
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China's progress is impressive. there was time people say China "a sleeping elephant" which came true later.
their remarkable development has a big contribution due to social development which is major factor for a country's economy.
the best thing is they have plans for the future, any sector going slow in development, they respond atonce to take measures.
 
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China's progress is impressive. there was time people say China "a sleeping elephant" which came true later.
their remarkable development has a big contribution due to social development which is major factor for a country's economy.
the best thing is they have plans for the future, any sector going slow in development, they respond atonce to take measures.
Still a long way to match US,keep low profil.
 
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17 Chinese cities GDP expected to surpass 1t yuan in 2018

China Daily, January 11, 2019

17 Chinese cities are expected to join the "1 trillion yuan club" with each city's GDP surpassing 1 trillion yuan in 2018, news outlet chinanews.com reported on Thursday.

Knocking on the doors of the club were Ningbo, Foshan and Zhengzhou, with the GDP of 984.21 billion yuan, 954.96 billion yuan and 913.02 billion yuan, respectively, in 2017.

Foshan's GDP will be more than 1 trillion yuan in 2018, based on an estimate of the city's GDP which rose 6.2 percent year-on-year in the first three quarters of 2018, the news outlets said.

According to chinanews.com, citing government report of Zhengzhou released on Sept 27, the city's GDP will break through 1 trillion yuan in 2018, with the region's per capita GDP increasing more than 100,000 yuan in 2018.

Ningbo also said its GDP will reach 1 trillion yuan, with the city's disposable income per capita over 50,000 yuan in 2018.

Apart from these three, 14 cities — Shanghai, Beijing, Guangzhou, Shenzhen, Chongqing, Tianjin, Suzhou, Chengdu, Wuhan, Hangzhou, Nanjing, Qingdao, Wuxi and Changsha — have already entered the club.

Among these cities, Shanghai became the first city with its GDP breaking through 3 trillion yuan in 2017, while Beijing, Shenzhen and Guangzhou saw their GDP cross more than 2 trillion yuan.

Beijing, which had an estimated GDP of more than 3 trillion yuan in 2018, will reach the annual expected growth target of 6.5 percent, and the per capita GDP of the city will surpass $20,000, said Chinanews.com, citing a news conference held by the Beijing Municipal Development and Reform Commission on Dec 24.

As Beijing is expected to enter the "3 trillion yuan club", the numbers of provincial-level regions GDP to hit 3 trillion yuan will expand to 12. These are Guangdong, Jiangsu, Shandong, Zhejiang, Henan, Sichuan, Hubei, Hebei, Hunan, Fujian provinces and Shanghai.

Among the 17 cities, 12 are located in China's eastern region, accounting for 70.9 percent; 3 cities (Wuhan, Changsha and Zhengzhou) are in the central region, and 2 (Chongqing and Chengdu) in the western region.

Moreover, Dongguan, Xi'an, Nantong, Quanzhou, Hefei and Jinan plan to enter the "1 trillion yuan club" within the coming years.
 
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New photo of Guangzhou,I thought it is one mega city of US at first sight.
But it is actually Guangzhou of Guangdong,CHINA.

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