Who is the most ambitious when 30 provinces announce their GDP targets in 2022?
Zhongxin Finance, January 25th (Reporter Li Jinlei) As of January 24th, except Tianjin, all the other 30 provinces, autonomous regions and municipalities have put forward the expected economic growth targets in 2022 in their government work reports.
Hainan has the highest GDP target in 2022.
Among the 30 provinces, Hainan has set a target of around 9%, ranking first.
Hainan has the confidence to set such a high goal. The data shows that,In 2021, Hainan’s GDP increased by 11.2% year-on-year, ranking second in the country, and the average growth rate in two years ranked first.
"In 2021, Hainan’s main economic indicators are historically at the forefront of the country, and Hainan is in the golden opportunity period and important window period of development." Feng Fei, governor of Hainan Province, said.
The bonus of free trade port construction makes Hainan "ride the wind". The data shows that in 2021, the duty-free sales of outlying islands exceeded 60 billion yuan. The total retail sales of social consumer goods increased by 26.5% year-on-year, ranking first in the country, and the average growth rate in two years ranked first. In 2022, ambitious Hainan will strive to sell 100 billion yuan in duty-free shops on outlying islands.
The expected target of the top three major economic provinces is 5.5%
In 2021, the total GDP of Guangdong, Jiangsu and Shandong remained in the top three, but they all made new breakthroughs.
Among them, Guangdong’s GDP reached 12.4 trillion yuan, up 8% year-on-year, making it the first province in China to exceed 12 trillion yuan, and it is expected to rank among the top 10 economies in the world. Jiangsu’s GDP exceeded 11 trillion, up 8.6% year-on-year. Shandong’s GDP exceeded 8 trillion yuan, up 8.3%.
For the 2022 GDP target, these three major economic provinces have anchored a figure at the same time: 5.5%, but the expression is slightly different. Among them,Guangdong is set at about 5.5%, and Jiangsu and Shandong are both set at more than 5.5%.
Beijing’s target is more than 5%, and Shanghai’s is about 5.5%
In 2021, China welcomed Beijing and Shanghai, two cities with a GDP of 4 trillion yuan.
Among them, Beijing’s GDP in 2021 reached 4,026.96 billion yuan, an increase of 8.5%. Shanghai’s GDP reached 4.32 trillion yuan in 2021, an increase of 8.1%.
After taking a new step, for the expected GDP target in 2022,Beijing is slightly low-key, set at more than 5%. Shanghai is set at around 5.5%.
Why is the goal set at this level? Gong Zheng, Mayor of Shanghai pointed out that this goal takes into account both the present and the long term, and comprehensively considers the pressure on demand, supply and expectation. We are confident and confident to achieve this goal and maintain sustained, stable and healthy economic development.
The relevant person in charge of the Beijing Municipal Development and Reform Commission explained that in 2021, Beijing’s economic growth was better than expected. The growth rate in the first half and the first three quarters was higher than that in the whole country, but it also formed a high base. Setting the economic growth target above 5% took into account the needs and possibilities, and connected with the potential growth rate. It also left room for epidemic prevention and control, structural adjustment and coping with the uncertainty in economic operation, which was conducive to guiding expectations, boosting confidence and guiding all parties to concentrate on improving the quality and efficiency of development.
The GDP target is generally lowered to "strive for better results"
Compared with the GDP growth target in 2021, most provinces have lowered their targets in 2022. The GDP targets of 30 provinces are all single digits, and none of them reach double digits.
Shanxi, Hubei and other provinces indicated that they would strive for better results. Benefiting from the rising coal price, the GDP growth rate of Shanxi, a major coal province, reached 9.1% in 2021, ranking third in the country, and the total economic output reached a new level of 2 trillion. The goal of Shanxi’s GDP in 2022 is about 6.5%, and it is said that it will strive for better results as much as possible in practical work.
Hubei staged the "Return of the King" in 2021, with a GDP growth rate of 12.9%, ranking first in the country, and the total GDP reached 5 trillion yuan, ranking seventh in the country.
Hubei, which has ushered in a strong recovery, set a growth target of around 7% in 2022, and said that it would strive for better results as much as possible in practical work. (End)