“三季报”确认了！南京守擂十强，江苏加速逼近广东，年度冠军有悬念

Core Insights - The economic reports for the first three quarters of 2025 from 31 provinces show that Guangdong and Jiangsu have entered the 10 trillion yuan club, with Guangdong's GDP at 10,517.698 billion yuan and a growth rate of 4.1%, while Jiangsu's GDP is at 10,281.1 billion yuan with a growth rate of 5.4% [1][2] Economic Performance by Province - Guangdong ranks first with a GDP of 10,517.698 billion yuan and a growth rate of 4.1% [2] - Jiangsu follows closely with a GDP of 10,281.1 billion yuan and a growth rate of 5.4% [2] - Shandong, Zhejiang, and Sichuan also show strong performance with GDPs of 77,115 billion yuan (5.6%), 68,495 billion yuan (5.7%), and 49,322.2 billion yuan (5.5%) respectively [2] - The overall economic performance indicates a competitive landscape among the provinces, with Jiangsu's industrial economy contributing significantly to its growth [3][4] Industrial Contributions - Jiangsu's industrial added value grew by 6.3%, contributing 2.3 percentage points to GDP growth, indicating a solid manufacturing base [3] - The second industry's growth rate in Jiangsu at 5.2% significantly outpaces Guangdong's 2.7%, highlighting a divergence in economic performance between the two provinces [3][4] Economic Gap and Projections - The GDP gap between Jiangsu and Guangdong has narrowed, with the difference expected to decrease from approximately 7,451 billion yuan in 2023 to about 2,366 billion yuan in the first three quarters of this year [4] - The competition between Jiangsu and Guangdong for economic supremacy will hinge on the performance in the fourth quarter of 2025 [4] City-Level Insights - Among the top ten cities by GDP in the first three quarters of 2025, Jiangsu has two cities: Suzhou with 1,993.021 billion yuan (5.5% growth) and Nanjing with 1,405.949 billion yuan (5.2% growth) [4] - Suzhou's economic strength is attributed to its advanced manufacturing sector, while Nanjing benefits from both advanced manufacturing and modern service industries [4][5] Competitive Dynamics - Ningbo has shown rapid economic growth, surpassing several cities and positioning itself as a strong competitor to Nanjing, with a projected GDP of 1,814.77 billion yuan in 2024 [5] - Nanjing's GDP growth in the first three quarters was 935.06 billion yuan, which is higher than Ningbo's 848.61 billion yuan, reducing the likelihood of Nanjing being overtaken this year [5]