GDP growth of 16 provinces outperformed that of the whole country

Following the release of national data by the National Bureau of statistics, the economic data of various provinces and autonomous regions have been released successively. According to the statistics of Beijing business daily, as of October 27, 27 provinces and cities have released economic operation data, of which 16 provinces and cities' GDP growth rate exceeds the national average. Driven by a series of policies to stabilize employment and growth, the disposable income of residents in various regions continued to rise, and the potential of local consumption continued to be released. According to the report of Beijing business daily, among the 27 provinces and cities that published GDP data in the first three quarters of this year, Guangdong topped the country with a total GDP of 7719122 million yuan, Jiangsu and Zhejiang ranked second and third respectively, with a total GDP of 7219.96 billion yuan and 4319.9 billion yuan. At the same time, the total GDP of Henan, Sichuan and Hubei all exceeded 3 trillion yuan, followed by 3905.564 billion yuan, 3389.294 billion yuan and 3050.942 billion yuan. In terms of growth rate, of the 27 provinces and cities counted at present, the GDP growth rate of 16 provinces and cities has exceeded the national average growth rate of 6.2%.

These include Yunnan, Guizhou, Tibet, Jiangxi, Fujian, Sichuan, Hubei, Hunan, Anhui, Henan, Zhejiang, Shanxi, Ningxia, Guangdong, Jiangsu and Chongqing, while Yunnan continues to rank first in the country with a year-on-year growth rate of 8.8%. At the same time, for Guizhou, whose GDP growth rate has been in the top three for 35 consecutive quarters, industries above Designated Size have made outstanding contributions to the province's economy, with the added value up 9.6% over the same period of last year, and the growth rate is 4 percentage points higher than the national level. Among them, the total industrial added value of the four traditional pillar industries of wine, coal, electricity and tobacco increased by 13.2% year-on-year, with the contribution rate of 82.1% to the industries above Designated Size, driving the growth rate of the industries above Designated Size of the whole province by 7.9 percentage points. In addition, it is worth noting that in the first three quarters of this year, compared with the first half of this year, Heilongjiang's GDP growth rate was 4.3%, replacing Tianjin's growth rate of 4.6%.

At present, it is not suitable to simply compare the GDP growth rate of Heilongjiang with other provinces and cities horizontally. " Cao Heping, a professor in the Department of industrial economics at Peking University School of economics, said that in the past two or three decades, nearly 25% of Heilongjiang's population has gone to other provinces. At present, Heilongjiang is still in the throes of industrial and population structure adjustment and optimization. "In the future, the city's industrial brand can be further built through the development of large agriculture and large agricultural commercial geographical indication products, energy, equipment manufacturing, aerospace and tourism industries." Since this year, with the introduction of larger-scale tax reduction policies, the per capita disposable income of residents has continued to grow. In the published data of provinces and cities, the per capita disposable income of Shanghai and Beijing was 52292 yuan and 50541 yuan, breaking the 50000 yuan barrier for the first time; Zhejiang, Tianjin and Jiangsu also showed significant growth, with 38546 yuan, 33642 yuan and 31420 yuan ranking next. Recently, according to the National Bureau of statistics, the per capita disposable income of residents in the first three quarters of this year was 22882 yuan. From this point of view, the per capita disposable income of residents in nine provinces of Shanghai, Beijing, Zhejiang, Tianjin, Jiangsu, Guangdong, Fujian, Shandong and Liaoning in the same period exceeded the national average.

In terms of growth rate, the average nominal growth rate of national residents' income is 8.8%. From the statistics of all regions, there are 17 provinces exceeding this growth rate. Among them, three of the top four regions are located in the western region of China. Specifically, the income growth of Tibet, Guizhou, Anhui and Yunnan provinces was 12.8%, 10.9%, 10.2% and 10% respectively. In addition, the growth rate of per capita disposable income in 12 regions of Zhejiang, Fujian, Chongqing, Hubei, Hunan, Hebei, Shaanxi, Jiangxi, Sichuan, Ningxia, Gansu and Beijing exceeded the national average. The growth of per capita disposable income is largely due to the steady increase of employment rate. According to the data, from January to September this year, 10.97 million new jobs were created in cities and towns across the country, basically completing the target task of the whole year. At the same time, according to the new tax law, the individual income tax exemption was raised from 3500 yuan to 5000 yuan, further promoting the increase of per capita disposable income. It is reported that from January to September this year, the national personal income tax revenue was 798.1 billion yuan, down 29.7% year on year.