In 2016, the GDP of each province was released, and the supply-side reform branded the economic growth.

　　Beijing, China, February 13 (Reporter Ding Huayan, Zhang Mianmian) According to the economic voice "Tianxia Finance", the GDP of each province was released in 2016. Looking at these data, the regional economic fission is accelerating: there are both the difficult turn of traditional old industrial areas, the strategic breakthrough of resource-rich provinces, and the rapid rise of the new economy. The "supply-side structural reform" has branded the economic data of various places with new growth.

　　Economic growth is the fastest in the west and the weakest in the northeast.

　　In 2016, in terms of actual and nominal economic growth rates, China’s economy was characterized by the fastest in the west, the second in the middle, the slowdown in the east and the weakest in the northeast. The average real economic growth rate in 2016 was about 8.6%, 7.7%, 7.6% and 3.5% respectively.

　　In 2016, the fastest real economic growth rate was Chongqing, reaching 10.7%, followed by Guizhou and Tibet, with growth rates of 10.5% and 10% respectively.

　　The study found that in the current economic growth in western and central China, the provinces with investment exceeding GDP in 2016 are Shanxi, Anhui, Jiangxi, Guizhou, Yunnan, Tibet, Shaanxi, Gansu, Qinghai, Ningxia and Xinjiang.

　　Judging from the growth rate of total retail sales of social consumer goods, Hebei, Heilongjiang, Jiangsu, Anhui, Fujian, Jiangxi, Shandong, Tibet, Qinghai and so on achieved or exceeded 10% growth last year.

　　Supply-side structural reform to improve the quality of economic growth

　　Behind this series of economic data, it is not difficult to find that the new brand of supply-side structural reform has brought about an improvement in the quality of economic growth.

　　The first echelon of economic growth — — Chongqing, Guizhou and Tibet have all achieved growth of more than 10%, and the three places have been in the top three for three consecutive years. Behind their rapid economic growth, we can see the new impetus brought by innovation. Taking Guizhou as an example, with the deepening of the big data strategic action, in 2016, the information transmission, software and information technology service industries in Guizhou Province increased by more than 30%, driving the primary industry to grow by 6%. Ma Ningyu, Deputy Secretary-General of Guizhou Provincial Government, said that Guizhou Province recently issued the first provincial-level digital economy development plan, with the goal that by 2020, the added value of Guizhou’s digital economy will account for more than 30% of regional GDP. "The digital economy consists of two parts, one is the industry, and the new format of producing digital products with digital technology; The other part is the integration and application of digital products and services in other economic activities to promote the increase of output and efficiency of other economic activities. "

　　Consumption plays a more and more important role in pulling the regional economy.

　　In addition to innovation and transformation, the pulling effect of consumption on regional economy is becoming more and more obvious. Last year, the growth rate of total retail sales of social consumer goods reached or exceeded 10% in Hebei, Heilongjiang, Jiangsu, Anhui, Fujian, Jiangxi, Shandong, Tibet and Qinghai. On the whole, the investment and consumption in the central and western provinces in 2016 were obviously driven by the economy. Taking Anhui as an example, among the "Troika" that drives economic growth, in 2016, although the import and export volume of Anhui Province was 44.38 billion US dollars, it decreased by 7.2%; However, the fixed investment in increasing production was 2,675.81 billion yuan, an increase of 11.7%, maintaining rapid growth; The performance of consumption is also very eye-catching. Zhao Jinbao, spokesperson of Anhui Provincial Bureau of Statistics, said that the increase in market sales and the rapid growth of online retail sales have driven the total retail sales of social consumer goods to exceed "one trillion yuan" for the first time.

　　Zhao Jinbao said: "The total retail sales of social consumer goods reached a trillion yuan, reaching 1,000.02 billion yuan, up by 12.3%, with an increase rate of 0.3 percentage points higher than that of the previous year and 1.9 percentage points higher than that of the whole country, ranking fourth in the country and first in central China."

　　The economic growth rate of heavy industry resource-rich provinces ranks low.

　　The three provinces whose economic growth data are lower than the national 6.7% are Liaoning with a negative growth of 2.5%, Shanxi with a growth rate of 4.5% and Heilongjiang with a growth rate of 6.1%. Teacher Wei, chief analyst of the fixed income headquarters of Hongyuan Securities Co., Ltd., believes that these are basically provinces with large resources or areas with heavy industries.

　　Fan Wei said: "The pressure of economic growth in provinces with relatively concentrated heavy industry mainly has several factors. The first factor, for example, heavy industry is facing a state of overcapacity; Especially in some resource industries, the price of resources is relatively low in the past few years, which has some negative effects on their production and investment; The second factor, heavy industry and resource industries tend to have a relatively high proportion of state-owned components. In the case of a sluggish economy as a whole, there is no doubt that the efficiency of state-owned enterprises is lower, so this situation has also caused the economic growth rate of the corresponding provinces to be relatively slow. "

　　Although the economic growth data is at the bottom, the supply-side structural reforms in these provinces have not lagged behind. Taking Shanxi, a major coal province, as an example, in 2016, the coal production capacity was drastically reduced, ranking first in the country; On the other hand, I tried to make up the shortcomings. Cui Min, deputy inspector of the Shanxi Provincial Development and Reform Commission, said that the supply-side structural reform has significantly enhanced the development momentum of coal enterprises and injected new impetus into economic transformation and upgrading.

　　Cui Min said: "We have also formulated a series of supporting measures in the aspects of coal enterprise reform, improving the coal market price mechanism and increasing financial support for coal enterprises."

　　As the global ex-factory prices of industrial products are on the rise, and the structural reforms on the supply side of the country are overweight, many analysts believe that among the 31 provinces, heavy industries or resource-rich provinces with lower economic growth rate are expected to improve in 2017.

　　Comment by Yang Guang: The growth of "quality" makes economic data more beautiful.

　　The total regional economic data in 2016 is only about 2 trillion yuan different from the national GDP, which is the smallest difference over the years. This economic report card makes people feel more beautiful. Not only because of cracking down on fraud and squeezing out water, the data is more realistic; But also because there is "quality" economic growth. Quality is firstly reflected in the continuous optimization of economic structure, and secondly in the improvement of economic benefits brought by "three to one, one reduction and one supplement"; The third body is now the new kinetic energy brought by the innovation drive. Under the new economic normal, it is necessary to get rid of "speed complex" and "shift anxiety", maintain strategic normality, and achieve more quality, more efficiency, no moisture and real development in a down-to-earth manner.