Focusing on the Provincial Two Sessions: GDP Goals in Multiple Regions Released, New Quality Productivity Becomes a High Frequency Word
2024-01-24
The Provincial People's Congress and the Chinese People's Political Consultative Conference (CPPCC) have been held intensively recently, with many regions releasing their 2023 transcripts and setting GDP growth targets for 2024. According to the released government work report, in the key work of 2024, many places have mentioned the need to develop new quality productivity and promote consumption. In recent days, more than ten provinces including Beijing, Hebei, Chongqing, Sichuan, Shandong, Zhejiang, Jiangsu, Anhui, Liaoning, Tianjin, Hainan, Ningxia, Shanghai, Guangdong, and Jiangxi have successively entered the provincial two sessions, with Guangdong's total economic output ranking first in the country for 35 consecutive years. In the government work report, several regions have released economic data for the year 2023. In 2023, Guangdong's gross domestic product exceeded 13 trillion yuan, an increase of 4.8%, ranking first in the country for 35 consecutive years. Guangzhou's total economic output exceeded 3 trillion yuan. Jiangsu also has a regional gross domestic product exceeding 10 trillion yuan. The province's regional gross domestic product reached 12.82 trillion yuan, a year-on-year increase of 5.8%, 0.6 percentage points higher than the national average. The number of cities with a regional gross domestic product exceeding 10 trillion yuan has increased to five. In 2023, the GDP of multiple provinces has reached a new level, such as Shandong's GDP breaking through the 9 trillion yuan mark for the first time; The gross domestic product of Zhejiang Province has jumped to a new level of 8 trillion yuan for the first time; The gross domestic product of Sichuan Province has exceeded 6 trillion yuan; The gross domestic product of Liaoning Province increased by 5.3%, surpassing the national growth rate for the first time in ten years, with a total output exceeding 3 trillion yuan. According to the published data, the GDP growth rate of many places will be between 4% and 9% in 2023, of which Xizang's GDP is expected to exceed 230 billion yuan, an increase of about 9%. In the government work report, many places also announced the expected targets for 2024. According to the data released so far, the highest target is Xizang, and the expected target is an increase of about 8%. How to promote new quality productivity, consumption, and new industrialization in 2024 is a high-frequency term in government work reports in various regions, and many places have also announced the key work for 2024. Among them, new productive forces, promoting consumption, promoting new industrialization, deepening reforms in key areas, and developing cultural undertakings have become high-frequency words. Multiple provinces have mentioned the need for new quality productivity, such as Chongqing, which insists on placing high-quality development of manufacturing in a more prominent position, persistently grasping the leading ecological belt, promoting industrial agglomeration, technological innovation, and integrated development, and vigorously cultivating new quality productivity. Tianjin proposes to fully promote technological innovation, industrial revitalization, urban renewal, and accelerate the formation of more new quality productive forces. In 2024, promoting consumption is also a key task mentioned in the work reports of many provincial governments, with many regions mentioning the need to boost commodity consumption and new consumption. As proposed by Beijing, it aims to boost bulk consumption of new energy vehicles, electronic products, and other products. Actively cultivate new consumption growth points such as domestic trendy products, and encourage time-honored enterprises to innovate their business models. Support the development of services such as food, fashion, exhibitions, performances, ice and snow, and beauty and health consumption, and provide a more convenient payment environment for overseas tourists. Jiangsu proposes to vigorously develop digital consumption, green consumption, health consumption, and sports and leisure consumption, increase the cultivation and promotion of new cultural and tourism consumption formats, and create more domestic "trendy products"
Edit：Hou Wenzhe Responsible editor：WeiZe
Source：chinanews.com
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