CCTV News: Recently, many places in China announced their 2024 economic report card, with a total of 27 cities exceeding 1 trillion yuan in regional GDP last year. Experts said that the economic growth of the "GDP trillion city" in 2024 cannot be separated from factors such as advantageous industries and innovation-driven development. Next, while consolidating the development of existing industries, we should continue to strengthen innovation leadership and continuously improve the city's innovation capabilities and core competitiveness.

In 2024, the GDP "trillion cities" increased to 27

The "trillion cities" are the core growth pole driving regional economic growth. According to data released by various places, in 2024, a total of 27 cities across the country will have GDP exceeding 1 trillion yuan, namely Shanghai, Beijing, Shenzhen, Chongqing, Guangzhou, Suzhou, Chengdu, Hangzhou, Wuhan, Nanjing, Ningbo, Tianjin, Qingdao, Wuxi, Changsha, Zhengzhou, Fuzhou, Jinan, Hefei, Foshan, Xi'an, Quanzhou, Nantong, Dongguan, Changzhou, Yantai and Tangshan. It is worth noting that in 2024, Tangshan, Hebei will achieve a regional GDP of 1,000.39 billion yuan. At this point, Tangshan has become the first "trillion-billion city" in Hebei Province and the third trillion-dollar GDP city in Beijing, Tianjin and Hebei, which will inject impetus into the coordinated development of Beijing, Tianjin and Hebei.

The Yangtze River Delta has the largest number of "GDP trillion cities"

From the distribution area, the Yangtze River Delta has the largest number of "GDP trillion cities" in total, with 9 cities including Shanghai, Suzhou, and Nanjing. There are four "trillion-billion cities" in the Pearl River Delta region: Shenzhen, Guangzhou, Foshan and Dongguan.

Shanghai becomes China's first city with "5 trillion" GDP

Look at the total economic volume again. Shanghai ranked first in the list of "GDP trillion cities" in 2024, with its GDP reaching 5392.671 billion yuan last year, a year-on-year increase of 5%. Beijing ranked behind, with GDP reaching 498.431 billion yuan.

The growth rate of 7 cities reached 6% or above, and Quanzhou had the highest growth rate

In terms of economic growth, the economic growth rate of 21 trillion cities is higher than or equal to the national (5%). Among them, the economic growth rate in seven cities was higher than or equal to 6% last year. Specifically, Quanzhou's growth rate was 6.5%, Nantong's growth rate was 6.2%, Fuzhou, Hefei, Changzhou and Yantai's four cities were 6.1%, and Suzhou's growth rate was 6%.

The momentum of technological innovation is strong and effective in improving urban competitiveness

The analysis points out that the economic growth rate of "GDP trillion cities" can lead the country, and industrial advantages are an important reason. For example, Quanzhou has a developed textile, footwear and clothing industry, Fuzhou's electronic information industry, Hefei's science and technology innovation industry, etc., which are all leading the development nationwide. At the same time, these cities focus on scientific and technological innovation and talent introduction, and have effectively improved the city's innovation capabilities and competitiveness through increasing R&D investment and optimizing the innovation environment.

Many places develop advantageous industries and strive to create new growth engines

Earing 2025, Suzhou, Chongqing and other places have focused on building advantageous industries as the focus of development, and Beijing proposed to actively use artificial intelligence technology to empower high-quality development in various industries. Industry insiders pointed out that in the future, while consolidating the development of existing industries, the "GDP trillion cities" should continue to strengthen innovation leadership and continuously improve the city's innovation capabilities and core competitiveness.