The 25th GDP trillion city is here

Mondo Finance Updated on 2024-02-01

Changzhou has entered the city of trillions, behind the industrial strategy and regional competition.

Recently, the good news came from the "Changzhou Release" that in 2023, Changzhou will successfully enter the trillion city, becoming the 25th trillion GDP city in the country and the fifth "trillion city" in Jiangsu Province after Dongguan in 2021. The arrival of this news has aroused people's keen attention to the rise of Changzhou, and at the same time, it has also aroused thinking about the future pattern of competition between Guangdong and the Soviet Union.

By reviewing the timeline of urban GDP promotion in the past few years, we can clearly see the changes of each city in the trillion-dollar city pattern. Since Shanghai took the lead in surpassing one trillion yuan in 2006 and Changzhou in 2023, 26 cities in China have joined the ranks. Cities in the north and south alternately promoted to form a diversified pattern.

The reason why Changzhou can become a trillion-dollar city is the key to its dedication to industry. Under the general trend of most cities chasing the service industry, Changzhou adheres to the bottom line of establishing an industrial city. Through the analysis of investment data, it can be seen that a large amount of investment in Changzhou has been invested in the secondary industry, especially in the manufacturing industry. This unremitting development strategy has enabled Changzhou to achieve remarkable results in the industrial field.

Changzhou's outstanding performance in the new energy vehicle industry has become the highlight of its rise. Actively grasping the most fashionable industry at the moment, Changzhou's new energy vehicle industry has become a strong pillar of the local economy. Judging from the data of output value and output, Changzhou has made remarkable achievements in the field of new energy vehicles, and it is expected to become an important bargaining chip for Changzhou's economic development in the future.

In addition to industrial development, urban infrastructure construction is also one of the key factors for Changzhou's successful rise. According to the latest metro planning approval, Changzhou has successfully won the second phase of the metro plan, which will further improve the city's transportation convenience and overall development level. This also shows that Changzhou has not only made a breakthrough at the economic level, but also maintained efficient execution in urban planning and infrastructure construction.

With Changzhou's successful promotion, China's trillion cities have increased to 26, with Jiangsu surpassing Guangdong in number. This may change the regional economic pattern that Guangdong has occupied in the past. The competition between Guangdong and the Soviet Union for hegemony has always been a highlight of China's regional development, and the competition pattern between the two major economic provinces may change in the next five years.

The analysis data shows that the overall performance of Jiangsu cities is better than that of Guangdong, and the development strength of Jiangsu cities is gradually becoming more balanced. The strength of Jiangsu's 13 cities has decreased, and this diversified development model may be more conducive to risk diversification. Compared with Guangdong, although there are dual centers (Shenzhen and Guangzhou), the overall development is relatively unbalanced, which also makes Guangdong face certain challenges in the overall development.

The rise of Changzhou is a vivid case of China's urban development, and its success is not only supported by the strength of industrial development, but also the scientific planning of urban infrastructure construction and planning. In the future, the development of Changzhou will continue to attract attention, and the changes in the competition between Guangdong and the Soviet Union will also become a new bright spot in the competition between China's economic regions. Urban development requires not only to adhere to its own advantages, but also to constantly innovate and adapt to the current situation, and such a competitive pattern will bring more possibilities for the sustainable development of China's economy.

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