From economic wrestling to the first GDP growth rate, what has Xian experienced in half a year

category:Finance
 From economic wrestling to the first GDP growth rate, what has Xian experienced in half a year


In 2019, Xians economic growth rate will be high and low. In the first quarter of 2019, the growth rate of 8.6% in the first quarter of 2019 ranked the top in the country, but the growth rate in the first half of the same period dropped to 7%. If only from the second quarter, Xians economy experienced a sharp decline, and it was not contained in the third quarter, the growth rate in the first three quarters of that year dropped to 6.7%.

The sudden wrestling of Xian economy last year is a case, rather than a general trend caused by the macro situation. Therefore, it also provides a relatively low base for the year-on-year growth rate of Xian in the first half of 2020, and becomes an influencing factor for the relatively high growth rate of Xian in the first half of this year.

More importantly, Xian has made solid achievements, reversing the landslide trend since the second quarter of last year. After taking office, Wang Hao emphasized that the hero should be viewed from development through projects, and always regarded project construction as an important starting point of economic work. Although novel coronavirus pneumonia has hit this year, Xian has made significant progress in investment and industry compared with last year.

In the first half of 2019, fixed asset investment (excluding farmers) in Xian increased by 2.2% year-on-year, 9.7 percentage points lower than that in the first quarter. Fixed investment has become an important factor in driving down the economic growth of Xian last year. The number of large projects and the number of new projects are both decreasing, and the scale of new projects is decreasing.

Since the beginning of this year, Xian has concentrated its advantageous resources to start construction, speed up progress and promote production. According to the official, in the first half of this year, the construction of key projects in the whole city has reached the best level in recent years, with investment of 179.55 billion yuan in 196 continued projects and 117 new construction projects, reaching 64% of the annual plan and 14% over the schedule.

Focusing on projects has become the secret of Xians economic growth. The centralized implementation of large projects has increased the weak industrial investment last year, which shows the confidence of investors. In fact, in addition to GDP growth rate of 2.8% and fixed asset investment growth rate of 12.8%, Xian ranks first in Chinas sub provincial cities with the growth rate of industrial added value above scale of 6.2%.

In the first half of 2020, the total output value of 9 industries in Xian will achieve positive growth, accounting for 25.0% of the citys major industries, and the gross output value of industries above Designated Size will increase by 8.4%. Among them, the manufacturing industry of computer, communication and other electronic equipment increased by 43.1%, the manufacturing of electrical machinery and equipment increased by 7.7%, and the production and supply of electric power and heat power increased by 4.3%.

After the epidemic, Xian proposed to adhere to the same goals, tasks and standards, and strive to achieve the main expected goals of this years economic and social development: GDP growth of about 7.5%, added value of industries above Designated Size by 8%, and fixed asset investment of the whole society by 8%. These three indicators are 0.5, 1.1 and 6.9 percentage points higher than those in 2019.

From August 2 to 5, Wang Hao led a team to Beijing to visit the worlds top 500 enterprises, including China Minmetals Group, China National Railway Group, SamSung China headquarters and other world top 500 enterprises, docking cooperation projects, contacting related work, and discussing with enterprise leaders. The Secretary of the municipal Party committee personally went to the front line, which shows the strength of Xian in grasping investment projects.

However, while the implementation of large-scale projects promotes the improvement of various indicators in Xian, it also raises concerns about whether such investment intensity and progress can be maintained in the future, and whether there are more large projects to be implemented. In addition, if no follow-up large-scale projects are implemented, can the economic growth of Xian maintain this growth trend?

The projects launched this year include Samsung high-end memory chip phase II with a total investment of 8 billion US dollars, Xian Baoneng new energy automobile industrial park project with a total investment of 5 billion yuan, longjile leaf with an annual output of 5GW single-crystal photovoltaic cells with a total investment of 7 billion yuan, as well as the reconstruction and expansion project of Xian Xianyang International Airport with a total investment of nearly 45 billion yuan, and the Olympic Sports Center of the 14th National Gamesu201c One museum, two museums construction, etc.

These projects are mainly from several large enterprises. At the same time, in terms of output value, in the first half of this year, the output value of nine enterprises with 10 billion yuan increased by 15.3% year-on-year. Samsung Semiconductor, Longji green energy and longjile leaf photovoltaic grew rapidly, driving the growth of Xian by 6.5 percentage points.

Citys city is citys city novel coronavirus pneumonia. The international situation is changing rapidly. Although the inland cities are relatively less affected, they show economic resilience. Under the new pattern of double circulation, the inland cities are also in danger. But the main reason is that domestic circulation is the main factor, and the Inland cities and coastal cities will eventually face the problem of how to open up the domestic market. In this pattern, the urban competition pattern is also changing. In 2019, 17 cities across the country have entered the GDP trillion club. Xian and Quanzhou, Dongguan, Jinan, Hefei, Fuzhou, Nantong and other cities are in the echelon of 900 billion yuan, becoming quasi trillion level cities. However, among these seven cities, Xian ranks the last in terms of economic aggregate. In 2018, Xian was squeezed out of the gdp20 city by the new Jinan after merging Laiwu. In 2019, Xian, which again attacked the top 20, lost to Hefei and Fuzhou. So, can Xian, which has a strong economic recovery this year, surpass these competitors in one fell swoop? Source of this article: Guo Chenqi, editor in charge of first finance and Economics_ NBJ9931

Citys city is citys city novel coronavirus pneumonia. The international situation is changing rapidly. Although the inland cities are relatively less affected, they show economic resilience. Under the new pattern of double circulation, the inland cities are also in danger. But the main reason is that domestic circulation is the main factor, and the Inland cities and coastal cities will eventually face the problem of how to open up the domestic market.

In this pattern, the urban competition pattern is also changing. In 2019, 17 cities across the country have entered the GDP trillion club. Xian and Quanzhou, Dongguan, Jinan, Hefei, Fuzhou, Nantong and other cities are in the echelon of 900 billion yuan, becoming quasi trillion level cities. However, among these seven cities, Xian ranks the last in terms of economic aggregate.

In 2018, Xian was squeezed out of the gdp20 city by the new Jinan after merging Laiwu. In 2019, Xian, which again attacked the top 20, lost to Hefei and Fuzhou. So, can Xian, which has a strong economic recovery this year, surpass these competitors in one fell swoop?