On January 21st, the second session of the 16th People's Congress of Beijing opened. Beijing Mayor Yin Yong introduced that the city's regional gross domestic product will grow by 5.2% in 2023, about 4.4 trillion yuan. According to statistics, up to now, 12 provinces including Beijing, Tianjin, Hebei, Liaoning, Jilin, Shandong, Hunan, Hainan, Chongqing, Sichuan, Gansu, and Inner Mongolia have successively released economic data for 2023. On January 17th, the National Bureau of Statistics released data showing that preliminary calculations showed that the gross domestic product (GDP) for the whole year of 2023 was 126058.2 billion yuan, an increase of 5.2% compared to the previous year at constant prices. Among the 12 provinces mentioned above, 9 provinces have a GDP growth rate that surpasses the national average. Liu Xiangdong, Deputy Director of the Economic Research Department of the China International Economic Exchange Center, told reporters that in the process of sustained economic recovery and development, the economic growth rate of multiple provinces has exceeded the national economic growth rate, and the total economic output has reached a new level, reflecting the multiple measures taken by various regions to stimulate market vitality and strive to restore regional economy. Last year, the total GDP of multiple provinces reached a new high. From the perspective of total GDP, out of the 12 provinces that have already released their economic data for the whole year of 2023, several provinces have reached a new level of GDP. Among them, Shandong, Sichuan, and Hunan achieved their first annual GDP breakthroughs of 9 trillion yuan, 6 trillion yuan, and 5 trillion yuan respectively, while Chongqing and Liaoning entered the "3 trillion yuan club" in annual GDP. "These regions have a relatively complete industrial layout, good economic development momentum, and good market prospects and development potential. In the new round of economic development, these regions focus on innovation driven, transformation and upgrading, and talent introduction, accelerating the promotion of high-quality development." Tian Lihui, Dean of the Financial Development Research Institute of Nankai University, told reporters. As a major economic province in the northern region, Shandong Province's main economic indicators have significantly improved in 2023. It is reported that the total GDP of Shandong Province in 2023 was 9206.9 billion yuan, an increase of 6.0% compared to the previous year at constant prices. This not only represents a significant increase in its economic output, but also reflects the improvement of its economic quality and efficiency. On January 19th, Fu Xiangguo, Deputy Director and spokesperson of the Shandong Provincial Bureau of Statistics, introduced at a press conference of the Shandong Provincial Government: "The supply and demand sides of Shandong Province are synergistically recovering, and the government is timely launching a package of practical and effective policy measures to promote the synchronous recovery of production and supply and market demand. The quality and efficiency are accelerating, and the transformation of new and old driving forces is being promoted in depth. The industrial structure is continuously optimized, growth momentum is being accumulated, and development advantages are being strengthened. Market vitality is steadily increasing, and efforts are being made to break through the constraints in the development of private economy and private investment. Market expectations are steadily improving, and the vitality of business entities is constantly increasing. From the perspective of GDP growth rate, among the 12 provinces mentioned above, Beijing is on par with the whole country, while Hunan and Tianjin are lower than the national level. The remaining 9 provinces are outperforming the. Among them, Hainan's GDP grew by 9.2% year-on-year, temporarily leading the growth rate. Inner Mongolia's GDP grew by 7.3% year-on-year, reaching the highest growth rate since 2016. "In the regional economic pattern, provinces such as Hainan, Inner Mongolia, Gansu, Jilin, and Chongqing are worth paying attention to." Liu Xiangdong analyzed that from the perspective of driving economic growth, the service industry and industry