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In 2020, China’s urban GDP will be released, while Shanghai, Beijing, Shenzhen and Guangzhou will still be in the top four, Nanjing will surpass Tianjin for the first time, and Hangzhou will surpass Wuhan for the first time. According to the report, the number of trillion cities has increased to 23, and Suzhou has become the sixth city to break through the 2 trillion. Dongguan is one step away from the trillion club, followed by Yantai in Shandong Province and Changzhou in Jiangsu Province, with a GDP of more than 780 billion last year.
Qujing, Yunnan, Longyan, Fujian, and Yibin, Sichuan are new cities, among which Qujing is the fastest growing city among the top 100 cities, reaching 6.6%; it also rises the most, advancing 12 places. Among the 23 cities with a trillion GDP, 8 of them belong to the Yangtze River Delta urban agglomeration, and 8 of the 9 cities in the Pearl River Delta have entered the top 100 list.
The cities in the central and western regions have obvious recovery momentum, and the coastal areas are greatly affected by foreign trade; compared with 2019, Guizhou and Yunnan have no cities, and only Zhangjiajie in Hunan has dropped one place. More than 90% of the cities have a positive growth rate, and Zhoushan, Zhejiang Province, leads the country, with GDP growth of 12.0% in 2020. Continuing the trend of 2019, about half of the top 20 cities with economic growth come from Guangxi and Yunnan.
From the perspective of top 10 GDP, there are Shanghai, Suzhou, Nanjing and Hangzhou in the Yangtze River Delta. Among them, Suzhou is the sixth city with a GDP exceeding 2 trillion, Nanjing surpasses Tianjin in the top 10, and Hangzhou surpasses Wuhan in the top 10.
In addition to economic growth, population growth is also an important factor in the vitality of urban development. At present, among the top ten cities with GDP, only Nanjing has less than 10 million permanent residents. In terms of the permanent resident population in urban areas, Shanghai, Beijing, Guangzhou, Shenzhen and Chongqing are megacities, while Chengdu, Hangzhou, Wuhan and Nanjing are megacities. Only Suzhou has a permanent resident population of less than 5 million.
According to the data of 21 data lab, except Xuzhou, Lianyungang and Suqian in Jiangsu Province, Liuzhou in Guangxi Province and Ganzhou in Jiangxi Province, other top 100 cities with GDP are located in the above-mentioned 19 national urban agglomerations. Among them, the Yangtze River Delta has 20 top 100 cities with GDP and 8 cities with GDP of 1 trillion, occupying an absolute advantage in quantity.
In terms of economic volume, among the 19 national urban agglomerations, the Yangtze River Delta, Pearl River Delta and Beijing Tianjin Hebei urban agglomerations have the most active economic development. These three urban agglomerations include 48 cities, which absorb about 24% of the population with 5% of the national land area, contributing nearly 40% of the total economy.
It is not difficult to find that the hierarchical structure of cities in the Yangtze River Delta is the most reasonable. In addition to the new Hefei and Nantong, eight cities have joined the club with a GDP of trillion, gradually forming a benign pattern with Shanghai as the core driving force to build five metropolitan areas, namely Nanjing, Hangzhou, Hefei, Suzhou, Xichang and Ningbo.
In contrast, the Beijing Tianjin Hebei Urban Agglomeration started late, and the basic strength of surrounding cities is not enough, so it presents obvious polarization characteristics. In terms of total GDP, Beijing’s GDP in 2020 will exceed 3.6 trillion, Tianjin’s will exceed 1.4 trillion, while the rest of the cities will be less than 800 billion.
In the Pearl River Delta, Shenzhen and Guangzhou are the “twin stars” that radiate other cities. In 2020, the GDP of nine cities in the Pearl River Delta will exceed 200 billion, and only Zhaoqing will not be listed in the top 100. Zhaoqing’s GDP ranks 122nd in China, two places higher than that in 2019.
It is worth noting that although the Yangtze River Delta and the Pearl River Delta are not of the same order of magnitude in terms of the total resident population and GDP, in 2019, the increase of the resident population of the two urban agglomerations will be around 1.5 million, and the major cities will show positive growth. In terms of growth rate, the Pearl River Delta is undoubtedly more attractive to the inflow of population.
Read more: National Bureau of Statistics: top ranking of China’s urban GDP in 2015 People’s Bank of China: questionnaire survey report on urban depositors in the first quarter of 2019 Ministry of Commerce: foreign investment absorption in the whole country in 2017 sharing opportunities: impact of China International Import Expo on commercial real estate market Report (download attached) WIPO: China’s number of patent applications in 2020 the world’s first Ministry of science and technology: China’s top ten progress in Science in 2020 global innovation index in 2021 China’s 16th place Huawei No.1, oppo No.2, Hurun China Professional Manager list: Ali Department has the largest number on the list, outlook Oriental weekly: Chengdu No.1, China’s top ten happiest cities in 2020, China Electronic Information Industry Federation: China’s top 100 software and information technology service competitiveness in 2020, Huawei continues to press bat, Chinese Academy of Sciences: China ranks second in research frontier heat index in 2020
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