GDP growth rate for the 4 consecutive quarter of the nations top Guizhou challenge Chengdu Chongqing

category:Global click:295
 GDP growth rate for the 4 consecutive quarter of the nations top Guizhou challenge Chengdu Chongqing


Today, the official target seems to be still not optimistic. In Southwest Chinas hinterland, what can Guizhou rely on in order to achieve the goal of attracting foreign investment?

On September 9, the 8th China (Guizhou) International Wine Exposition and the 2018 Guizhou Inland Open Economic Test Zone Investment and Trade Fair opened in Guiyang.

Jian Yiqin, Deputy Secretary of the Guizhou Provincial Party Committee and governor of Guizhou Province, said publicly that the two grand festivals were jointly held in the hope of promoting the in-depth integration of exhibition trade and investment negotiations, complementing each others advantages, attracting entrepreneurs from home and abroad to invest in Guizhou and share development opportunities.

From the established impression that there is no sunshine, no land is three feet flat, and no one is three-thirds silver, Guizhou is now relying on rapid economic growth to change the local situation. But how can this growth be maintained? How long can it last?

Low body size and low cardinality

In 2017, Guizhous GDP ranked 25 in the country, per capita GDP ranked 28, and is still in the ranks of backward students in the country. In the first half of 2018, the GDP of Guizhou was 663.286 billion yuan, while that of Guangdong was 4634.193 billion yuan, 6.98 times that of Guizhou.

Even in Southwest China, Guizhous economy is quite different from Sichuan and Chongqing.

Last year, Guizhous GDP reached 1 trillion and 354 billion 83 million yuan, an increase of 10.2% over the same period last year. Among them, the capital city of Guiyang GDP was 353 billion 796 million yuan, an increase of 11.3%. Last year, Sichuans GDP reached 3 trillion and 698 billion 22 million yuan, of which Chengdus GDP reached 1 trillion and 388 billion 939 million yuan. In Chongqing last year, GDP was 1 trillion and 950 billion 27 million.

The central cities in the southwest are Chengdu and Chongqing. A local friend in Guiyang said. In fact, Guizhou and even Guiyang can hardly be compared with Chengdu and Chongqing, the Gemini Star in southwest China, regardless of the total GDP, population size or per capita income level.

Traditional advantages

On the other hand, it also benefited from the rapid development of Guizhou liquor and other traditional industries and a large number of fixed investment plus.

Guizhous fixed asset investment has been growing at a rate of over 20% for 10 consecutive years. Last year, Guizhou fixed assets investment was 1 trillion and 550 billion yuan, up 20.1% over the same period last year. In the first half of 2018, the growth rate was 17.4%, maintaining high.

According to the data released at the 2008 Guizhou Transportation Work Conference, Guizhou completed the investment of 165.5 billion yuan in road and waterway fixed assets in 2017, ranking second in total investment in China, and invested more than 100 billion yuan for four consecutive years.

Guizhou is located in the western plateau of China, 92.5% of the area is mountainous and hilly, is the only province in China without plain support. Influenced by geographical conditions and economic development, Guizhou traffic has been in a backward state for a long time, and has become one of the main bottlenecks restricting development.

In 2015, Guizhou took the lead in achieving the county-to-county high-speed and became the first province in the western region to achieve this goal. At present, it is still the only one in Western China. Mare, director of the Guizhou Provincial Investment Promotion Bureau, said that the county and county expressway greatly promoted the development of Guizhou.

In terms of logistics, Guizhou is currently working with Chongqing and other provinces and municipalities to build a Sino-Singapore Interconnection Project South Passage Project. The project takes Chongqing as the operation center, Guangxi Beibu Gulf as an important sea port, through Guizhou, Guangxi and other nodes, connects the western provinces and municipalities of China and Singapore and other ASEAN countries.

After the southbound corridor is operated, the time for goods to reach the main logistics nodes of ASEAN such as Singapore will be saved by about 10 days compared with the time to go to sea through the eastern region. Guizhou government officials said that since September 2017, the South-bound Rail-sea intermodal train has opened more than 300 routes, covering 113 ports in 58 countries and regions around the world, up to the end of August this year.

And the advantages of traditional industries. The Guizhou liquor industry, famous for its Moutai liquor, is an important pillar of local industry. In addition, coal, electricity and other industries play an important role.

In the 1-6 month of this year, the added value of wine, coal and power industry increased by 15.3%, 7.5% and 15% respectively. Among them, liquor, electricity, tobacco and other industries are obviously faster than the GDP growth rate.

Statistics show that in 2016, the added value of wine, beverage and refined tea industry accounted for 20.2% of the above-scale industries, higher than the coal mining and washing industry by 3.5 percentage points, ranking the first pillar industry of industrial economy.

Liquor, as a traditional dominant industry in Guizhou, will continue to grow stronger and stronger in the future. Ma Lei said that the current problem of Guizhou Baijiu is a unique flower. In the future, more capital is needed to integrate Guizhou wine.

New industry

Over the past few years, Guizhou has also been seeking transformation and exerting strength in some emerging industries.

According to Marley, Guizhou is making every effort to develop five new industries, including advanced manufacturing (automobile processing, high-end equipment manufacturing, aerospace, etc.), large data electronic information industry (large data processing and storage, 5G, integrated circuits, etc.), large health care industry (traditional Chinese medicine planting, drug development, etc.), and modern mountainous areas. Characteristic high-efficiency agriculture (Capsicum, edible fungi, tea, etc.) and mountain tourism.

We have carefully examined and found: these industries, such as high-end equipment manufacturing, integrated circuits, not only the value of Guizhou, other surrounding provinces and cities and even coastal developed areas are also very important, Guizhou and its competition?

The climate in Guizhou is cool and electricity is cheap. Ma Lei said that the average electricity consumption of large industrial enterprises in Guizhou is only 0.44 yuan / kWh. Among them, the power consumption of large data centers dropped to 0.35 yuan / kWh.

Tencent Guian Seven Stars Green Data Center pictures from the colorful Guizhou Network Guiyang as the capital city of Guizhou Province, in recent years to try to economic transformation, focusing on building a big data capital and China Valley. However, it has been observed that Guiyang actually plays a more like the national computer room, and high value-added industries in large data industries are still concentrated in the Yangtze River Delta and the Pearl River Delta. At least in this stage, Guiyang big data can not have a greater impact on the whole Guizhou economy. Therefore, behind the high growth rate, Guizhou, which is later in the top needs to see the more closed and traditional side of the industry. Source: Daily Economic News Editor: Xun Jianguo _NN7379

Tencent Seven Star green data center.

Guiyang, as the capital city of Guizhou Province, has tried to transform its economy in recent years, focusing on building a big data capital and several valleys in China.

However, it has been observed that Guiyang actually plays a more like the national computer room, and high value-added industries in large data industries are still concentrated in the Yangtze River Delta and the Pearl River Delta. At least in this stage, Guiyang big data can not have a greater impact on the whole Guizhou economy.

Therefore, behind the high growth rate, Guizhou, which is later in the top needs to see the more closed and traditional side of the industry.