China's GDP in the first quarter of 2018
Four seas network: Recently, the first quarter economic data of each province (District, city) has been published one after another. According to the statistics of China Business Industry Research Institute, as of April 24, 20 provinces have published their first quarter reports. Among the published provinces, Guizhou has the highest GDP growth rate of 10.1%. Jiangsu's GDP has exceeded 2 trillion yuan, ranking first temporarily with a total of 2109.33 billion yuan. For the first time, the total GDP of Henan Province has exceeded trillion yuan, reaching 1061.1 billion yuan.
Compared with the same period of last year, the economic ranking of provinces and cities has changed slightly. First of all, Shanghai's economy overtook Hunan's, and its GDP exceeded 700 billion yuan, reaching 786.34 billion yuan, 8.575 billion yuan more than Hunan's. In addition, the total GDP of Tianjin has been overtaken by Liaoning, Jiangxi and Shaanxi due to its economic transformation. In the first quarter of 2018, Tianjin's GDP totaled 495.942 billion yuan, but the growth rate was only 1.9%. In the same period of 2017, the growth rate was 8%, ranking the fifth in China.
Tianjin's economic growth slowed down, and Liaoning, Jiangxi and Shaanxi took the opportunity to surpass. The total GDP of Liaoning and Jiangxi exceeded 500 billion yuan, respectively 512.5 billion yuan and 504.83 billion yuan. Shaanxi should not be underestimated. The total GDP is close to 500 billion yuan, 498.914 billion yuan. At present, the GDP of Ningxia and Qinghai are at the bottom, with 67.371 billion yuan and 53.258 billion yuan respectively.
From the perspective of growth rate, the GDP growth rate of most provinces and cities is higher than the national average, and the GDP growth rate of Guizhou, Yunnan, Jiangxi, Shaanxi, Sichuan, Anhui and Hunan exceeds 8%. Among them, Guizhou's economy still maintained double-digit growth, with GDP growth rate of 10.1%. Yunnan and Jiangxi followed closely, 9.3% and 9.0% respectively. However, the GDP growth rate of Shandong, Beijing, Liaoning, Hainan and Tianjin is lower than the national average, with Tianjin at the bottom, only 1.9%.