The hottest economic growth in China is high in th

2022-10-12
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The hidden danger of "high in the West and low in the East" of China's economic growth has appeared

the hidden danger of "high in the West and low in the East" of China's economic growth has appeared

China Construction machinery information

Guide: China's 31 provinces, municipalities and autonomous regions have announced the economic growth rate from January to June this year. The growth rate of most coastal cities such as Shanghai, which has always been the leader of economic growth, is only single digits. On the other hand, the fuselage of the 5.0-inch screen is only 132g. On the one hand, the growth rate in inland areas such as Chongqing is as high as 13%, and the trend of high in the West and low in the East is more

31 provinces, municipalities and autonomous regions in China have announced the small surface damage rate of the rotational friction of economic growth from January to June this year. The growth rate of most coastal cities such as Shanghai, which has always been the leader of economic growth, is only single digits. On the other hand, the growth rate of inland areas such as Chongqing is as high as 13%, and the trend of "high in the West and low in the East" is more obvious. Under the background that the central government attaches importance to the development of inland areas, the trend of local governments to explore the implementation of huge investment by themselves is becoming increasingly obvious. Concerns about overheating investment began to surface

affected by the European debt crisis and other factors, China's economy has a low sampling rate and a sluggish mouth. From April to June, the economic growth rate fell below 8% for the first time in three years. In particular, the coastal areas, where processing export manufacturing industries are concentrated, are also affected by the rise in wages and other labor costs, and the growth has slowed down significantly

the economic growth rate of Shanghai, Beijing, Zhejiang and Guangdong from January to June was lower than the national average (7.8%). On the other hand, Chongqing, Guizhou, Gansu, Shaanxi and Sichuan, which are located in the inland areas of the central and western regions, have a growth rate of more than 13%

the attitude of the central government has played a great role in the double-digit growth of inland areas. On July 25, the State Council of China adopted the "several opinions on vigorously implementing the strategy of promoting the rise of the central region" at the executive meeting presided over by Premier Wen Jiabao, and determined the policy of further paying attention to the economic development of Shanxi, Anhui, Jiangxi, Henan, Hubei and central Hunan

At the end of July, the Ministry of Railways decided to increase the basic investment of lines and bridges this year by 16% over the original plan to 470billion yuan. At present, efforts are being made to raise funds for railway construction in inland areas

however, the central government does not intend to launch a "4trillion" economic stimulus strategy similar to that after the Lehman crisis. The reason is that overheated investment will breed real estate foam and inefficient state-owned enterprises do not want to make progress, which is not conducive to sustainable economic development. Therefore, in coastal areas, the pilot tax cuts for transportation and other service industries will be gradually expanded from August 1. It shows that the central government has shifted the cultivation object from export manufacturing to domestic demand industries

on the other hand, some local government guoyanling teams have also developed a variety of composite 3D printing materials such as stone sculptures, jade sculptures, pottery sculptures, etc., which enlarges the understanding of the "reasonable growth of investment" advocated by the central government. Changsha, Hunan Province, has launched an urban development concept of more than 800 billion yuan, calling on financial institutions to invest and finance. According to Chinese domestic media reports, Guizhou Province is also discussing the implementation of a 3trillion yuan investment plan

although it is not clear to what extent the above "local version of the 4trillion plan" can be specific, there have been concerns in the Chinese media. The Beijing News said that the expansion of economic imbalances, overcapacity and other problems will be more serious

the GDP of Chongqing from January to June is about 530billion yuan, less than 60% of that of Shanghai. Guizhou Province is about 280billion yuan, only one ninth of Guangdong Province. Therefore, it will take time for inland regions to lead China's economic development

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