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First quarter GDP of 22 provinces: Hubei has the first growth rate, 7 provinces outperform the country

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Chinanews client Beijing reported on April 23 that recently, the economic report cards of the provinces in the first quarter of 2021 have been announced one after another. As of April 22, at least 22 provinces have released first-quarter GDP data.

Among them, in terms of total GDP, Guangdong is firmly seated as the “biggest Guangdong” with 2.7 trillion yuan; in terms of GDP growth, the GDP growth rate of 22 provinces is both double-digit, and Hubei, which was at the bottom last year, topped the list with a growth rate of 58.3%. . Among them, the GDP growth rate of 7 provinces outperformed the national GDP growth rate.

The GDP data of 22 provinces in the first quarter of 2021.

Total GDP: Guangdong is still the boss

From the perspective of total GDP, Guangdong still holds the top spot without any suspense.

Statistics from the Guangdong Bureau of Statistics show that the GDP of Guangdong in the first quarter of 2021 was 2,711,796 million yuan, an increase of 18.6% year-on-year, and an average growth of 5.2% in two years.

The pattern of Guangdong, Jiangsu, and Shandong in the top three in terms of total economic output remains unchanged.

As the second-ranked “Su Daqiang”, the province’s GDP in the first quarter was 2,587,838 million yuan, a year-on-year increase of 19.2%, and an average increase of 6.4% in two years.

Guangdong and Jiangsu are the only two provinces with a “2 trillion club” GDP in the first quarter.

Shandong, ranked third, had a total output value of 1805.55 billion yuan in the first quarter, an increase of 18.0% year-on-year, and an average growth rate of 5.4% in two years.

In addition, Henan (1.330665 billion yuan), Sichuan (1,185.924 billion yuan), Fujian (1,075.06 billion yuan), Hunan (1,022.399 billion yuan) in the first quarter GDP in the “1 trillion club.”

On April 7, the “Meet in Spring” anti-epidemic photo exhibition was displayed on Chuhe Han Street in Wuhan to attract citizens to visit.Zhang Changshe

GDP growth rate: Hubei ranks first

From the perspective of GDP growth, Hubei, which has been in a negative growth last year and at the bottom, has counterattacked, ranking first.

Data from the Hubei Bureau of Statistics show that in the first quarter of 2021, the province’s regional GDP was 987.267 billion yuan, an increase of 58.3% over the same period of the previous year.

According to Ye Fusheng, chief statistician of the Hubei Provincial Statistics Bureau, the economy of Hubei Province had a good start in the first quarter of this year, with stable economic recovery and steady improvement. The main economic indicators have achieved substantial growth. The influence of factors such as the increase of working days during the Chinese New Year, on the other hand, is a manifestation of Hubei’s economic recovery and development.

As the province most severely hit by the epidemic last year, Hubei once pressed the pause button, and GDP fell by 39.2%, 19.3%, 10.4%, and 5.0% in the first quarter, first half, first three quarters, and full year of 2020, respectively. Now, it finally ushered in a positive change.

Data map.Drawing by Zhang Jianyuan

The GDP growth rate of 7 provinces outperforms the national growth rate

According to data from the National Bureau of Statistics, preliminary calculations show that the gross domestic product in the first quarter was 24,931 billion yuan, an increase of 18.3% year-on-year at comparable prices.

The national GDP growth rate rebounded to double digits in the first quarter, as did the local level. For the 22 provinces that have released data, the GDP growth rate in the first quarter reached double digits.

Among them, Hubei (58.3%), Hainan (19.8%), Jiangsu (19.2%), Anhui (18.7%), Guangdong (18.6%), Jiangxi (18.4%), Chongqing (18.4%), the GDP growth of 7 provinces Faster than the national GDP growth rate.

Among the 22 provinces, Qinghai (12.8%) and Heilongjiang (12.4%) had a GDP growth rate of less than 15% in the first quarter, Hunan had a GDP growth rate of 15% in the first quarter, and the remaining provinces had a GDP growth rate of higher than 15% in the first quarter.

The scenery of Sanya, Hainan.Photo by Fan Yong

The two-year average growth rate of Hainan temporarily ranks first

It is worth noting that among the 22 provinces, except for Hubei, all the other provinces have announced the two-year average GDP growth rate. The two-year average growth rate refers to the growth rate calculated using the geometric average method based on the corresponding period in 2019.

From the two-year average GDP growth rate, Hainan temporarily ranks first. According to statistics from the Hainan Bureau of Statistics, the province’s GDP in the first quarter was 139.599 billion yuan, a year-on-year increase of 19.8% at constant prices (down 4.5% in the first quarter of the previous year); an increase of 14.4% over the same period in 2019, an average increase of 7.0 in two years %.

Wang Yu, deputy director of the Hainan Provincial Bureau of Statistics, said that due to the low base affected by the epidemic in 2020, it can objectively reflect economic recovery and actual development after deducting the base impact. From the two-year average growth rate, the regional GDP is better than The country’s total investment in fixed assets was 2.0 percentage points better than the country’s by 5.9 percentage points, and the total retail sales of consumer goods was 1.1 percentage points better than the country’s.

Obviously, under the support of a series of favorable policies in the Hainan Free Trade Port, Hainan’s economy is taking off.

(Originally titled “First quarter GDP of 22 provinces: Hubei has the first growth rate, 7 provinces outperformed the whole country”)

(This article is from The Paper. For more original information, please download the “The Paper” APP)

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