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    30 Provinces To Lower This Year'S GDP Growth Target In Beijing And Shanghai

    2012/2/23 11:24:00 9

    Provincial Growth Rate GDP Growth


      

    2011 GDP and 2012 expected growth in provinces


    [keyword target]


     

     

    Economics

    Expected growth rate is generally lower.


    Experts said that the growth rate will not affect the improvement of living standards.


    Data: according to the data released by various provinces, the targets of various provinces are generally low this year, and some provinces have dropped substantially compared with the 2010 targets.

    For example, Chongqing's growth rate was 17.1% in 2010, 16.4% in 2011, 13.5% in 2012, 17.4% in 2010, 16.4% in 2011, and 12% in 2012 in Tianjin.


    Interpretation: Tang Min, executive vice president of Yau Cheng foundation, said

    Economics

    The slowdown is mainly due to the slowdown in international and domestic economic growth this year.

    On the one hand, with the economic development to a certain stage, the base of each province has become larger, and it is rather difficult to maintain high speed growth.

    More importantly, the situation is generally difficult this year.

    Internationally,

    European debt

    The crisis is being fermented, far from being resolved, and foreign trade and exports will inevitably be affected. The domestic situation is more complex, and real estate regulation has been sluggish, and high-speed rail and so on.

    Investment

    The field has shrunk.


    Tang Min said that the GDP growth rate will not affect the living standard of residents.

    The living standard of residents is more affected by the quality and efficiency of the economy. The quality is improved and the profit rate is high, so the income goes up.

    If investment is driven and the GDP growth rate is higher, the living standard of residents may also be lowered.


    [keyword speed up]


      

    Guizhou

    Top 14%

    Beijing Shanghai

    Minimum 8%


    Experts say the eastern host is adjusting the structure, and the west is shrinking.


    Data: from the perspective of growth rate, the highest expected target of GDP in 2012 was Guizhou, reaching 14%, while the lowest in Shanghai and Beijing was 8%.

    The characteristics of "west to East and low" are obvious.

    In the 31 provinces, Hainan has a target of 13% this year, higher than the 12% growth rate of last year. Beijing and Ningxia set targets last year, 8% and 12% respectively, while the rest of the provinces had varying degrees of decline.


    Interpretation: Ma Guangyuan, an economist, said that the development of the western region was lagging behind, and that it was necessary to maintain a relatively high growth rate so as to narrow the gap with the whole country.

    In Beijing, Shanghai and other places, the per capita GDP has exceeded 10 thousand US dollars, and the economic development has reached a different stage. Adjusting the growth rate of GDP is also the trend of the times.


    The GDP base in the eastern region is very large, which can maintain the growth rate of about 8% and realize the pformation at the same time.

    Like Shanghai and Beijing, the proportion of high-end manufacturing and service industries is rising and the dependence on real estate is decreasing.

    At the same time, with the development of these regional economies and higher cost of living, the pformation of these cities will inevitably lead to slower growth.


    Tang Min said that from now on, Guangdong, Beijing, Shanghai,

    Zhejiang

    ,

    Jiangsu

    And so on, the intention of desalting the pure GDP growth target has been very obvious.

    Beijing development and Reform Commission responsible person said in an interview earlier, Beijing set the target to 8%, mainly to achieve structural adjustment and improve the quality of economic development.


    [keyword development]


      

    Guangdong

    Total GDP exceeded 5 trillion


    Experts say the pressure of Eastern pformation is increasing, and Western opportunities and challenges are at the same time.


    Data: from the data, there is a big gap between GDP in 2011.

    The highest is Guangdong, 5 trillion and 300 billion, Jiangsu 4 trillion and 800 billion, Shandong 4 trillion and 540 billion.

    In contrast, some western provinces are relatively low, such as Tibet 60 billion, Qinghai 160 billion and Ningxia 210 billion.


    Interpretation: Tang Min said that from the current perspective, Eastern, central and western regions, the development stage has been significantly different.

    More than 5 trillion of Guangdong, Shanghai and Beijing per capita GDP has exceeded 10 thousand dollars.

    At different stages, there are different goals in terms of development.


    Tang Min said that in the past few years, the growth rate of GDP in the eastern region is generally lower than that in the West.

    This is a measure taken by the state to develop the west, revitalize the central region and narrow the gap in recent years, and it is also caused by the eastern development stage.

    For the developed areas, the pressure of pformation is greater after the increase of economic volume, and the slow pace is to change the way and adjust the structure.


    The west is also facing the opportunities and challenges of industrial pfer.

    Tang Min believes that after the industry has attracted higher taxes and increased employment, it can increase GDP, and at the same time there are challenges, because it will bring pressure on environmental protection, infrastructure and pportation, so it needs to be treated correctly.


    Questions


    What is the difficulty of achieving the goal?


    Question: Although the provinces have lowered their targets, the growth rate is still higher than the 7% growth rate set by the whole country in 12th Five-Year.

    How can the growth target of this year be achieved in the export driven provinces and under the bad foreign trade? In some provinces, the level of local debt is relatively high, and the regulation of real estate continues to be strict. How can we ensure the high growth rate?


    Interpretation: Tang Min said that from the general law, the goals set by the plan are often lower than the actual ones.

    Although the country set a target of 7%, the goal is basically higher than this.

    At the same time, the state set this goal, and it also sends signals to all provinces. It is hoped that all regions will no longer pursue the high growth of GDP unilaterally.


    Ma Guangyuan said that the impact of foreign trade on economic development will not be too great. At present, all provinces need to improve domestic demand and pform well.

    The current policy of real estate regulation will affect the revenue of the government in the short term, but it is not about the industry. It should be solved through policy guidance.

    The current problem of real estate enterprises is the accumulation of problems over the years, that is, the high housing prices.

    Once the price is adjusted, the industry will recover.


    Tang Min said that from the current perspective, although the goals of each province are not high, it is not without risks.

    The international environment is not good, the domestic real estate growth rate is low, lower its upstream and downstream industries, plus all places have the "12th Five-Year" energy saving and emission reduction targets, plus this year's change and other factors, the stable growth of all parts of the economy is particularly important, but also needs the wisdom of local governments.

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