GDP of 15 new first-tier cities: 13 cities exceed one trillion, and Chongqing and Suzhou are closely following the first line.
Recently, annual economic reports have been published in various places, and the data of 15 new first-tier cities in 2020 have been announced.
By combing the GDP data of 15 new first-tier cities in 2020, CBN found that 13 of the 15 cities have exceeded the trillion-dollar mark. Among them, Chongqing and Suzhou exceeded 2 trillion yuan, closely following the first-tier cities. Xi ‘an ranks first in the growth rate of new first-tier cities.
According to the Business Charm Ranking of Cities in 2020 released by CBN New First-tier Cities Research Institute in June 2020, the 15 new first-tier cities in 2020 are Chengdu, Chongqing, Hangzhou, Wuhan, Xi ‘an, Tianjin, Suzhou, Nanjing, Zhengzhou, Changsha, Dongguan, Shenyang, Qingdao, Hefei and Foshan.
Catch up with first-tier cities, Chongqing and Suzhou exceed 2 trillion.
The data shows that in 2020, the total GDP of 15 new first-tier cities reached 20,716.422 billion yuan, accounting for 20.4% of the country.
Among the 15 cities, 13 cities have GDP exceeding the trillion yuan mark, and 2 cities have GDP exceeding 2 trillion yuan, namely Chongqing and Suzhou. Among them, Chongqing ranks first in the new first-tier cities with 2500.279 billion yuan. Among all the cities in China, Chongqing’s GDP ranks fifth after Shanghai, Beijing, Shenzhen and Guangzhou.
In 2020, the total GDP of Chongqing is only 1.632 billion yuan less than that of Guangzhou, the fourth first-tier city. In the future, the total GDP of Chongqing is likely to surpass Guangzhou and enter the top four ranks.
At present, Chongqing is still accelerating the pace of industrialization and urbanization. The data shows that in 2020, the added value of industrial enterprises above designated size in Chongqing increased by 5.8% over the previous year. In terms of three categories, the added value of mining industry decreased by 0.6% over the previous year, manufacturing industry increased by 6.4%, and electricity, heat, gas and water production and supply industries increased by 2.1%. The eight pillar industries continued to recover, and the automobile, electronics and materials industries greatly promoted the industrial growth of the city, with the added value increasing by 10.1%, 13.9% and 7.1% respectively over the previous year. Equipment, medicine, consumer goods industry and energy industry increased by 2.9%, 4.5%, 0.8% and 0.9% respectively.
Peng Peng, executive chairman of Guangdong Provincial System Reform Research Association, analyzed the First Financial Report. Chongqing’s population and geographical area are much larger than those of Guangzhou. Under the new development pattern of double circulation, its advantages will be more obvious. In addition, the huge population will be transferred to cities and towns, which will have a great pulling effect on infrastructure construction and real estate. There is a high probability that the total GDP will surpass Guangzhou in the future.
After Chongqing, Suzhou’s GDP in 2020 was 2,017.05 billion yuan, an increase of 3.4% over the previous year at comparable prices. The total GDP ranked second among new first-tier cities and sixth among all cities in China. It is worth noting that Suzhou is also the only ordinary prefecture-level city among the six cities that have broken through the 2 trillion yuan mark, and is also known as the "most cattle prefecture-level city".
Data show that last year, Suzhou achieved a general public budget revenue of 230.3 billion yuan, an increase of 3.7% over the previous year, making it the fourth largest city in China for the first time. There were 29 new domestic and overseas listed companies, including 25 domestic A-share listed companies. There are 181 listed companies at home and abroad, including 144 domestic A-share listed companies, ranking fifth in the country.
Ding Changfa, an associate professor in the Department of Economics of Xiamen University, analyzed the First Financial Report. Suzhou is backed by Shanghai, "enjoying the cool under a big tree", and the spillover effect of Shanghai is particularly obvious. Strong scientific and educational resources and modern service industries have promoted the transformation and upgrading of Suzhou.
The data shows that in 2020, the number of high-tech enterprises declared, recognized, net increased and effective in Suzhou reached a record high. At the end of the year, the number of effective high-tech enterprises reached 9,772, approaching 10,000, continuing to rank fifth in the country, second only to the four first-tier cities in Guangzhou, Guangzhou and Shenzhen.
Chengdu’s GDP ranks third in new first-tier cities with 1.77 trillion yuan. In recent years, Chengdu’s high-tech industry has developed rapidly. According to previous reports from Chengdu media, in 2020, it is estimated that there will be more than 1,900 high-tech enterprises in Chengdu, with an increase of over 40%, and the total number is expected to exceed 6,100. At the same time, it is estimated that the annual revenue of high-tech industries will exceed 1 trillion yuan.
The fourth place is Hangzhou. After the epidemic, Hangzhou’s digital economy has accelerated its development and the inflow of talents has accelerated. According to the data of Hangzhou Municipal Bureau of Statistics, in 2020, the added value of the core industries of digital economy in the city was 429 billion yuan, up 13.3%, 9.4 percentage points higher than the GDP growth rate, accounting for 26.6% of GDP, up 1.9 percentage points from the previous year; The added value of digital content, software and information services, and electronic information products manufacturing industries were 311.3 billion yuan, 344.1 billion yuan and 109 billion yuan, respectively, up by 12.7%, 12.9% and 14.7%. The artificial intelligence industry continued to grow, achieving an added value of 34 billion yuan, an increase of 8.2%.
This year’s work report of the Hangzhou Municipal Government shows that in 2020, the attraction of Hangzhou to outstanding talents will continue to increase. In 2020, Hangzhou introduced 436,000 college students under the age of 35, and the net inflow rate of talents continued to rank first in the country.
13 cities exceed one trillion, and Dongguan has a foot in the door.
Wuhan, which was most affected by the epidemic, saw its GDP decrease by 4.7% in 2020, ranking fifth after Hangzhou in the new first-tier cities.
Nanjing is a typical example of the rise of a strong province in recent years. As one of the five largest cities with the most concentrated higher education resources in China, Nanjing ranks third in the country in terms of comprehensive strength in science and education, second only to Beijing and Shanghai, and has many powerful universities such as Nanjing University and Southeast University. In recent years, Nanjing has given full play to its strong advantages in science and education resources, vigorously built a famous science and technology city and developed emerging industries. In 2020, the total GDP of Nanjing will enter the top ten for the first time among all cities.
Despite being surpassed by Nanjing, Tianjin’s GDP in 2020 also exceeded 1.4 trillion yuan, which is not far from Nanjing. Qingdao, Changsha and Zhengzhou all exceed 1.2 trillion yuan, and the gap between them is also very tight.
As a manufacturing city, Foshan entered the trillion-dollar mark in 2019, and continued to relegate successfully in 2020, staying in the trillion-dollar club. Hefei and Xi ‘an, two cities with strong provinces, entered the ranks of trillion clubs for the first time in 2020. Among them, Xi ‘an became the first trillion-dollar city in the northwest.
Together with Hefei and Xi ‘an, among the 15 new first-tier cities in 2020, 13 cities have already entered the trillion-dollar club, and only Dongguan and Shenyang have not yet been shortlisted. Among them, Dongguan, as an important reserve army of a trillion-dollar club city, was temporarily stranded in 2020.
Hu Gang, president of South China Urban Research Association and professor of Jinan University, analyzed CBN, and found that Dongguan will be greatly impacted by the export-oriented economy in 2020. Affected by the epidemic, a large number of migrant workers found it difficult to return to their posts in the first quarter of 2020, and many orders could not be completed; After April, the export was blocked again. However, with the rebound of orders, according to the current situation, Dongguan will have a high probability of breaking through the trillion-dollar mark in 2021.
In contrast, Shenyang, the only new first-tier city in Northeast China, is still far from the trillion-dollar mark. According to the data released by Shenyang Municipal Bureau of Statistics, the city’s GDP in 2020 is 657.16 billion yuan, which is 0.8% higher than the previous year at comparable prices, and the total economic output is only 26.3% of that of Chongqing, which ranks first.
From the perspective of growth rate, several new first-tier cities with faster growth rate are mainly cities with strong provinces, among which the top five are Xi ‘an, Nanjing, Hefei, Chengdu and Changsha. Among them, Xi ‘an ranks first in the new first-tier cities with a growth rate of 5.2%. In addition, Hefei, Changsha and Chengdu also come from the central and western regions.
Ding Changfa told CBN that with the rise of comprehensive costs in coastal developed areas, a large number of industries moved to the central and western regions. In this process, the central and western regions, especially the cities with strong provinces, became the focus of industrial and population agglomeration, and the economic growth rate was relatively fast.
On the other hand, after China’s economic development has entered a new stage of transformation and upgrading, the advantages of provincial capital cities in science, education, medical care and culture have become increasingly prominent, the development of high-tech industries in provincial capital cities has accelerated, the city’s primacy has also been continuously improved, and the ability to gather surrounding resource elements and drive and lead the surrounding development has been continuously enhanced.
In contrast, the cities with slow growth rate, except Wuhan, which was hit hard by the epidemic, are mainly from Northeast China and North China, and Dongguan and Foshan, where the coastal export-oriented economy accounts for a relatively large proportion.