久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Global EditionASIA 中文雙語(yǔ)Fran?ais
Business
Home / Business / Policies

Major cities' GDP growth in 1st half indicates resilience

By JIANG XUEQING | CHINA DAILY | Updated: 2020-08-05 07:56
Share
Share - WeChat
A visitor checks out a smart logistics model during a high-tech exhibition in Suzhou, Jiangsu province. [Photo/Xinhua]

The Chinese economy has again displayed its resilience and capacity for self-healing, experts said after more than 30 major cities released their key economic indicators, with the majority of them registering positive year-on-year gross domestic product growth in the first half of this year.

Xi'an, capital of Shaanxi province, ranked top with 2.8 percent GDP growth year-on-year in the first half. Several other emerging first-tier cities, including Changsha, capital of Hunan province, and Nanjing, capital of Jiangsu province, also saw their GDP increase by 2.2 percent.

High-tech industries and new technologies as well as new forms and models of business flourished. They have become key drivers of economic growth in some cities, especially in emerging first-tier cities, officials and experts said.

Xi'an achieved fast growth in industrial output during the first six months. Its electronic equipment manufacturing industry-which includes computers and communications gear-maintained high growth at a rate of 43.1 percent, according to the Xi'an Development and Reform Commission.

Nanjing also posted double-digit growth in value-added industrial output in the sectors of integrated circuits, new energy vehicles, smart grid and rail transit. The development of the new economy further accelerated, with investment in 5G mobile networks increasing by 110.6 percent, according to the city's statistics bureau.

"Boosting effective demand is the key to promoting further economic recovery," said Wen Bin, chief analyst at China Minsheng Banking Corp.

"While vigorously promoting the development of new infrastructure such as 5G networks, China should also continue to develop traditional infrastructure projects. It is important for the country to support the construction of new infrastructure, the new model of urbanization, and major transportation and water infrastructure projects."

He advised the government to fully mobilize the enthusiasm of private sector investors and foreign investors to secure sources of funds for these projects through multiple channels.

Tao Jin, a senior research fellow at the Suning Institute of Finance, said some of the emerging first-tier cities gave full play to their advantages in areas such as industrial manufacturing and the internet economy, in order to mitigate the impact of social distancing on the service sector.

Compared with traditional first-tier cities such as Beijing, Shanghai and Guangzhou, Guangdong province, which saw a decline in GDP growth in the first half of this year, some emerging first-tier cities experienced a rapid industrial recovery amid the COVID-19 outbreak, in part because they have benefited in recent years from industrial transfers from eastern China to central and western regions.

However, large cities still take a leading position in terms of the gross domestic product. Shanghai's GDP, which amounted to 1.74 trillion yuan ($249 billion) in the first half, was at the top of the list of Chinese cities by GDP.

"Assuming no significant resurgence of COVID-19 in China and new cases being dealt with in a more targeted manner as in Beijing, we expect domestic consumer demand to improve further in the second half of 2020," said Wang Tao, chief China economist at Swiss bank UBS.

"We expect consumer spending on sports, healthcare, daily use goods, education and telecom services to remain stronger. Meanwhile, infrastructure investment should strengthen further in the second half," Wang said in a report.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 免费一级成人免费观看 | 国产欧美日韩精品在线 | 久草在在线视频免费 | 国产在线观看一区二区三区四区 | 极品色在线精品视频 | 久久成人国产精品 | 免费毛片播放 | 97精品国产高清在线看入口 | 免费看a视频 | 爱福利极品盛宴 | 日韩在线中文字幕 | 一级成人 | 99久久99热精品免费观看国产 | 狠狠88综合久久久久综合网 | 久久久毛片免费全部播放 | 免费观看成人毛片 | 精品视频在线一区 | 国产视频软件在线 | 一级黄色录像片 | 国产网曝手机视频在线观看 | 毛片一级免费 | 九九色视频 | 全球成人网 | 国产成人综合怡春院精品 | 日本妞xxxxxxxxx69 | 特黄a大片免费视频 | 边接电话边做国语高清对白 | 精品日韩一区二区三区 | 性盈盈影院67194 | 能直接看的一级欧美毛片 | 亚洲 欧美 成人 | 欧美精品三区 | 亚洲精品一级片 | 国产欧美日韩在线观看一区二区三区 | 怡红院最新免费全部视频 | 一区二区三区免费看 | 免费特黄视频 | 在线观看国产一区二区三区 | 国产大秀视频 | 欧美特黄一级 | 美女视频黄a视频美女大全 美女视频黄a视频免费全程 |