In the study of regional economy, GDP total amount is the most core set of indicators. Although we cannot blindly refer to the total GDP, its importance is recognized by industry insiders. It is reported that the total GDP is the final result of the production activities of all resident units in a country or region within a certain period of time, reflecting the true economic strength and market size.
Economists point out that whether a region's economy is in a growth or recession stage can be observed from changes in this number. The total GDP of the Northeast region has been caught up by other regions year after year, which undoubtedly reflects the local economic strength and situation.
In the first quarter of 2022, the latest top ten counties and cities in Zhejiang have been announced. Among them, Yinzhou District ranks first among counties and cities in Zhejiang. What surprises everyone is that Yiwu ’s GDP is out of the top ten counties and cities in Zhejiang.
According to the preliminary calculations of the Yiwu Municipal Bureau of Statistics, in the first quarter of 2022, the city's GDP was 42.02 billion yuan, a year-on-year increase of 8.0% based on comparable prices. Yiwu ranks first among Jinhua counties and cities in terms of economic aggregate and economic growth rate.
Looking at specific industries, in the first quarter, the added value of Yiwu's primary industry was 341 million yuan, a year-on-year decrease of 0.3%; the added value of the secondary industry was 13.34 billion yuan, a year-on-year increase of 15.5%; the added value of the tertiary industry was 283.4 billion, a year-on-year increase of 5.1%.
Obviously, although Yiwu has vigorously developed industrial manufacturing, the tertiary service industry is still the core support of Yiwu.
From the perspective of development trends, stable breakthroughs in the industrial field will also lay a new foundation for Yiwu's GDP. Local scholars said frankly that in the first quarter, Yiwu's industrial production grew strongly. Relevant data shows that Yiwu’s industrial output value above designated size reached 35.98 billion yuan in the first quarter, a year-on-year increase of 75.3%. During the same period, Yiwu achieved an industrial added value above designated size of 8.31 billion yuan, a year-on-year increase of 40.2%.
Although Yiwu's industrial growth rate is quite eye-catching, in absolute terms, Yiwu can only be regarded as an average level. However, it needs to be pointed out that Yiwu is a typical strong commercial county, and its strength in many other fields is undoubtedly the top level in Zhejiang counties and cities.
learned from Yiwu Customs that in the first quarter of 2022, Yiwu’s total import and export volume reached 106.29 billion yuan, a year-on-year increase of 63.9%. During the same period, Yiwu's total retail sales of consumer goods reached 25.58 billion yuan, a year-on-year increase of 2.7%.
In terms of per capita income, Yiwu is even better. According to the latest data from the Yiwu Bureau of Statistics, in the first quarter, the per capita disposable income of urban and rural residents in Yiwu City was 27,198 yuan, a year-on-year increase of 6.7%.
So when will Yiwu become one of the top ten counties and cities in Zhejiang? We believe that if Yiwu wants to become one of the top ten counties and cities in Zhejiang, its only competitor in the short term is Shaoxing Keqiao District . In the first quarter of 2022, Keqiao District’s total GDP ranked 10th among counties and cities in Zhejiang Province, while Yiwu happened to be ranked 11th.
Public information shows that in the first quarter of 2022, Keqiao achieved a total GDP of 42.044 billion yuan, an increase of 6.4% at comparable prices. Judging from GDP data, Yiwu and Keqiao District are actually on par. So do you think Yiwu is expected to be among the top ten counties and cities in Zhejiang in 2022?
