Which cities in the GDP Trillion City Competitiveness Report are shortlisted for the "Trillion Club"?

China has entered the stage of high-quality development. Although the assessment of GDP tends to be downplayed, this indicator is still critical. GDP reaches 1 trillion yuan, which is considered an important indicator to measure the economic activity of a city. Analysts from the Economic Research Institute calculated the total GDP of Chinese cities in 2017 and found that based on the 12 members of the "Trillion GDP Club" in 2016, Changsha and Wuxi became newcomers.

19 cities were shortlisted for the "Trillion Club"

The 21st Century Economic Research Institute divided China's major cities into three levels, namely cities with a GDP of 2 trillion, cities with a GDP of 1 trillion and cities with a GDP of 1 trillion. A quasi-trillion city.

Previously, the only cities in China with GDP reaching 2 trillion were Shanghai and Beijing. With the successive release of economic data in 2017, Guangzhou and Shenzhen in Guangdong Province have both become new members of the “Two Trillion Club”. Based on the current growth rate, analysts from the 21st Century Economic Research Institute believe that Tianjin and Chongqing are expected to reach a GDP of 2 trillion by the end of 2018, and Suzhou is expected to become China's seventh city with a GDP of 2 trillion by the end of 2019.

As of the end of 2017, the membership of the domestic “GDP Trillion Club” has expanded to 14 cities. In addition, five cities have been included in the "observer" list, which means that the GDP of these cities is expected to exceed one trillion yuan within two years.

Looking at the provinces to which the "GDP Trillion Club" and quasi-trillion cities belong, among the 19 cities, three cities in Guangdong Province are on the list, namely Guangzhou and Shenzhen, whose GDP exceeds 2 trillion, and quasi-trillion cities. Billion City Foshan. Zhejiang Province has Hangzhou and Ningbo shortlisted. Jiangsu Province’s list includes Nanjing, Suzhou and Wuxi. In the Northeast region, Dalian and Shenyang in Liaoning Province are expected to achieve a GDP breakthrough of RMB 1 trillion within two years.

From a regional perspective, cities with a GDP of over one trillion and nearly one trillion are mainly concentrated in the central and eastern regions, especially the Pearl River Delta and the Yangtze River Delta. Only Chengdu and Chongqing are on the list in the western region. Analysts from the 21st Century Economic Research Institute believe that this phenomenon is related to China's economic development trend. From coastal areas to inland areas, the level of urban development is gradient.

In the central and eastern regions, cities with GDP exceeding one trillion yuan are no longer limited to first-tier cities. Second-tier cities such as Wuxi, Qingdao, and Changsha have also seen their economic aggregate exceed one trillion yuan in the past two years.

Analysts from the Economic Research Institute believe that this not only shows that these cities have strong economic vitality, but also shows that the economy of the central and eastern regions is gradually changing from a "one city dominates" situation to a "multi-point" situation. "Multi-polarity" is developing in an overall strong direction.

The GDP of Chengdu and Chongqing in the western region exceeded RMB 1 trillion earlier, which shows that within the 18 years of the Western Development Strategy, Chengdu and Chongqing have taken the lead in "getting rich", but the overall GDP of the western region Economic activity still needs to be strengthened.

China has entered the stage of high-quality development. Although the assessment of GDP tends to be downplayed, this indicator is still critical. GDP reaches 1 trillion yuan, which is considered an important indicator to measure the economic activity of a city.

Analysts from the 21st Century Economic Research Institute calculated the total GDP of Chinese cities in 2017 and found that based on the 12 members of the "Trillion GDP Club" in 2016, Changsha and Wuxi became newcomers. .