Core Insights - The economic growth of the southwestern provinces of China, particularly Guizhou, Yunnan, Sichuan, and Chongqing, has slowed down significantly compared to previous years, with Guizhou's GDP growth falling to 4.9% in the first three quarters of 2023, below the national average of 5.2% [1][2][3] Economic Performance - Guizhou's GDP for the first three quarters of 2023 reached 17,352.04 billion yuan, with a year-on-year growth of 4.9%. The breakdown of GDP growth by sector shows the primary industry grew by 4.3%, the secondary industry by 5.4%, and the tertiary industry by 4.8% [1][2] - Yunnan's GDP growth has also declined, with a growth rate of 4.4% in 2023, falling below the national average [3] - Sichuan and Chongqing have shown some recovery, with projected growth rates of 5.7% for Chongqing and 5.5% for Sichuan in 2024, both exceeding the national average [3] Investment Trends - Investment growth has been a significant factor in the economic slowdown of the southwestern provinces. Guizhou's fixed asset investment growth has drastically decreased, showing negative growth in recent years, with a notable decline of 5.7% in 2023 [4][5] - Yunnan's fixed asset investment has also faced challenges, with a decline of 10.6% in 2023, primarily due to a downturn in real estate development investment [4][5] Industry Challenges - Traditional pillar industries in the region, such as alcohol, coal, electricity, and tobacco, are facing significant challenges. The white liquor industry in Guizhou is undergoing deep adjustments, impacting overall economic performance [5] - In Yunnan, while the growth in traditional industries remains low, the non-ferrous metals industry has shown a notable increase, with a growth rate of 14.6% contributing significantly to industrial growth [5]
西南区域三季报公布 川渝领跑
Sou Hu Cai Jing·2025-10-29 17:26