Thursday, December 22, 2011

Dec 21 - Strong Growth in Western and Middle Regions Might Push Eastern Regions out of Top-10 Rank


Source: China Business News, ChinaScope Financial (Data)
+   As the year is coming to an end, the GDP data of different regions are being publicized, showing strong growth numbers in the Western and Middle regions. It is likely that Chengdu and Wuhan will be among the top 10 cities measured by GDP, while Hangzhou and Qingdao may fall out of the top 10 rank.
+   In the first half of this year, Wuhan and Chengdu ranked the 9th and 11th with regional GDP of CNY 322.16 billion and CNY 310.76 billion respectively. In addition, Chengdu recorded highest national GDP growth with 17.8%.
+   In 2010, the top 10 cities measured by GDP were Shanghai, Beijing, Guangzhou, Shenzhen, Tianjin, Suzhou, Chongqing, Hangzhou, Wuxi and Qingdao, among which only Chongqing is in the western region. Wuhan and Chengdu ranked 12th and 13th respectively.
+   Related Data: GDP

Western and Middle region cities are moving up the GDP rank


For more macroeconomic data, please visit www.chinascopefinancial.com

Other News Headlines

  • Strong Growth in Western and Middle Regions Might Push Eastern Regions out of Top-10 Rank
  • Central Bank Continues to Reduce Liquidity
  • Major Banks Make Incremental Loans of CNY 214.8 Billion in November
  • Steel Production and Steel Prices Continues Falling
  • Hydropower Generation Increase for the First Time Since July
  • Stimulus Policies for Home Appliances Will Be Phased Out 

If you'd like to receive a daily e-mail update of ChinaScope Daily Dim Sum Newsletter, please contact us: newsletter@chinascopefinancial.com. If you'd like to try out ChinaScope Database, apply for a trial here.



No comments:

Post a Comment