“万亿俱乐部”三季报出炉：腰部城市长沙反超无锡，东北有望迎来首个万亿城市

Core Insights - The economic growth of cities with GDP exceeding 1 trillion yuan shows a mixed performance, with 19 out of 27 cities outpacing the national average growth rate of 5.2% in the first three quarters of the year [2] - The city of Changzhou, known as the "capital of new energy," has experienced a slowdown in growth, achieving a rate of 5.2%, which is on par with the national average, despite maintaining a steady growth rate of 5.8% in previous periods [2][6] - The competition among "mid-tier cities" is intensifying, with cities like Nanjing, Ningbo, and Tianjin facing growth pressures, while cities like Changsha and Wuxi are in close competition for GDP rankings [3][4] Economic Performance of Key Cities - Shanghai, Beijing, and Shenzhen are leading with GDP totals of 4 trillion, 3.8 trillion, and 2.8 trillion yuan, respectively, and growth rates of 5.5% to 5.6% [2] - Nanjing's GDP growth is at 5.2%, while Ningbo and Tianjin lag behind at 5% and 4.7% respectively, indicating a struggle to meet growth targets [3] - Changsha and Wuxi are closely matched, with Changsha's GDP at 11,959.9 billion yuan and Wuxi at 11,885.74 billion yuan, both showing a growth rate of 5% [3] New Energy Sector Insights - The new energy vehicle manufacturing sector in Changzhou has seen an 8.3% growth in output, contributing 14.4% to the city's industrial output growth [6] - Despite the growth in new energy products, including solar cells and lithium-ion batteries, Changzhou's new energy sector is facing a decline in growth rates, particularly in the battery sector, which dropped from over 16% to 13.6% [6] - The overall new energy market is transitioning from rapid expansion to a focus on high-quality development, with retail sales of new energy passenger vehicles showing a year-on-year increase of 7.3% in October [7] Emerging Cities and Future Projections - Emerging cities like Wenzhou, Xuzhou, and Dalian are showing stable economic growth rates above 6%, positioning them to potentially cross the 1 trillion yuan GDP threshold by 2025 [7] - The number of cities in China with GDP exceeding 1 trillion yuan is expected to reach 30 by 2025, with the Northeast region likely to see its first trillion-yuan city [7]