Economic Overview - The Yangtze River Delta (YRD) region's GDP reached 15.1 trillion yuan in the first half of 2024, growing by 5.5%, which is 0.5 percentage points higher than the national average of 5.0%[4] - The YRD accounted for approximately 24.4% of the national GDP, an increase of 0.2 percentage points from the previous year[4] - The industrial sector in the YRD saw a value-added growth of 6.4%, surpassing the national growth rate by 0.6 percentage points[4] Sector Performance - The YRD's fixed asset investment grew by 4.2%, exceeding the national growth rate by 0.3 percentage points[5] - The service sector's value-added increased by 5.0%, which is 0.4 percentage points higher than the national average[4] - The YRD's social retail sales totaled 6.2 trillion yuan, with a growth rate of 3.6%, slightly below the national rate by 0.1 percentage points[5] Trade and Investment - The total import and export value of the YRD reached 7.7 trillion yuan, growing by 5.8%, but this was 0.3 percentage points lower than the national growth rate[10] - The YRD's contribution to national exports decreased slightly, with a share of 36.6% in total national trade, down by 0.1 percentage points from the previous year[10] - The YRD's real estate market showed resilience, with a sales area of 1.0 billion square meters, a decline of 16.3%, which is less severe than the national decline of 18.6%[11] Financial Trends - By the end of June 2024, the YRD's total deposits reached 78.6 trillion yuan, with a growth rate of 5.5%, which is lower than the national rate of 6.0%[12] - The YRD's total loans amounted to 69.1 trillion yuan, growing by 11.0%, which is significantly higher than the national average of 8.3%[12] - The social financing scale in the YRD saw a significant decline of 22.5%, with a total of 5.2 trillion yuan, accounting for 28.7% of the national total[10]
区域经济金融展望报告（长三角）2024年第3期（总第3期）：长三角经济金融形势分析及展望，长三角对全国经济贡献度上升，全年有望延续平稳发展态势
Zhong Guo Yin Hang·2024-09-26 08:03