CCTV News: Recently, the "first-quarter reports" on the 2024 economy of 31 provinces across the country have been released one after another. In terms of total economic output, Guangdong and Jiangsu exceeded "3 trillion yuan"; in terms of growth rate, 16 provinces were above the "national line," with Jilin's growth rate reaching 6.5%, ranking **. Overall, the economy got off to a good start in the first quarter. Among them, major economic provinces played the role of an engine driving national growth.

In the first quarter of 2024, Guangdong, Jiangsu, and Shandong continued to rank in the top three in total GDP, with Guangdong and Jiangsu jointly entering the "3 trillion+" club, reporting first-quarter GDP of 3,151.1 billion yuan and 3,102 billion yuan, respectively. There were 13 provinces with first-quarter GDP exceeding 1 trillion yuan, namely Guangdong, Jiangsu, Shandong, Zhejiang, Henan, Sichuan, Hubei, Fujian, Hunan, Anhui, Shanghai, Beijing, and Hebei.

Data from the National Bureau of Statistics show that in the first quarter, China's GDP grew by 5.3% year on year at constant prices. A total of 16 provinces had GDP growth rates above the "national line," namely Jilin, Jiangsu, Chongqing, Zhejiang, Hubei, Sichuan, Beijing, Shandong, Inner Mongolia, Gansu, Fujian, Ningxia, Hebei, Xinjiang, Guizhou, and Liaoning, while Tianjin was flat with the national growth rate. Among them, Jilin led with a growth rate of 6.5%, and Jiangsu and Chongqing tied for second with growth rates of 6.2%.

Industry insiders pointed out that in the first quarter, the economic growth of various regions continued to recover, and in particular, major economic provinces such as Jiangsu, Shandong, and Zhejiang played a "pillar" role, leading China's economy to continue to rebound and improve.

Among them, the development momentum of new quality productive forces was strong. Provinces such as Shandong and Sichuan accelerated the layout of new industries and new tracks; Beijing actively cultivated future industry clusters such as robotics and commercial aerospace.

Zhu Yannan, deputy director of the Beijing Municipal Bureau of Statistics, said that as the effects of a series of policy measures become further apparent, they will better stimulate market demand, boost market confidence, and further promote the improvement of enterprise production and operations, while developing new quality productive forces will also continue to strengthen the economy's endogenous driving force and vitality.

Industry insiders said that overall, the Chinese economy is currently in a stage of moderate recovery, and "relying on high quality to promote stable growth" will be an important feature of China's future economic development, and the future economic structure will continue to improve.
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