解读31省份经济半年报！盘和林：经济大省“挑大梁”，下半年有三个着力点

Core Viewpoint - The economic performance of major provinces in China during the first half of the year shows that 21 out of 31 provinces exceeded their GDP growth targets, highlighting the significant role of major economic provinces in driving national growth [1][3]. Economic Performance of Major Provinces - Guangdong and Jiangsu lead in economic growth, while Shandong and Zhejiang follow, indicating a trend where larger provinces not only dominate in scale but also in growth rates, showcasing a "stronger becomes stronger" phenomenon [3]. - Hubei's foreign trade resilience is notable, with a 28.4% year-on-year increase in import and export totals, contributing to a 6.2% GDP growth, significantly above the national average [3]. Factors Contributing to Economic Growth - The acceleration of industrial upgrades is evident, particularly in Jiangsu's equipment manufacturing sector, which is a key driver of its economic strength [3]. - Strong consumer recovery is supported by national subsidy policies and the promotion of new energy vehicle replacements, making durable consumer goods a vital engine for economic development across provinces [3]. Role of Major Economic Provinces - Major economic provinces contribute significantly to the overall macroeconomic landscape due to their large scale and total output, which enhances their economic returns on investments [4]. - These provinces also benefit from complete industrial and supply chains, as well as ample talent reserves, which further boosts their economic performance [4]. Focus Areas for Continued Growth - The focus for the second half of the year includes stabilizing foreign trade by expanding into diverse markets and enhancing the competitiveness of export products [4]. - Strengthening domestic demand through increased household income and public investment in livelihoods is essential, with a particular emphasis on supporting service consumption [4]. - Promoting innovation by integrating artificial intelligence with manufacturing to drive traditional industry upgrades and overcome semiconductor supply challenges is a priority [4]. New Growth Points - In terms of industrial transformation, the emphasis is on implementing AI-driven upgrades and green transitions in traditional industries to unlock growth potential [5]. - Expanding service consumption, particularly in sectors related to livelihoods such as elderly care and tourism, is crucial, alongside leveraging technology to create diverse consumer experiences [5]. - Optimizing the business environment and fostering regional collaboration will help establish a competitive landscape among enterprises [5].