Economic Overview - The overall economy of the Sichuan-Chongqing region has maintained stable growth in 2024, with GDP growth rates of 5.3% for Sichuan and 6.0% for Chongqing in the first three quarters[14][15] - From January to October 2024, Sichuan's total retail sales reached CNY 22,361.1 billion, growing by 4.4% year-on-year, while Chongqing's retail sales totaled CNY 1.17 trillion, increasing by 3.8%[19][24] Market Performance - As of November 29, 2024, the Sichuan Composite Index rose by 6.92%, and the Chongqing Composite Index increased by 4.65%[3][32] - The top-performing sectors in the Sichuan-Chongqing region included home appliances (+50.86%), beauty care (+44.94%), and banking (+43.35%)[3][32] Investment and Infrastructure - Fixed asset investment in Sichuan grew by 1.7% year-on-year, with industrial investment increasing by 17.1%[24] - The construction of new infrastructure projects in the Chengdu-Chongqing economic circle is expected to continue robustly, with significant investments anticipated in 2025[2][24] Industry Opportunities - The ongoing transfer of labor-intensive and technology-intensive industries to the central and western regions is expected to optimize industrial layout and address economic imbalances[4][42] - The Sichuan region plans to add over 41 million kilowatts of renewable energy capacity during the 14th Five-Year Plan, focusing on wind, solar, and hydropower projects[43][44] Risks - Potential risks include lower-than-expected macroeconomic growth and policy changes in the Sichuan-Chongqing region[4][56]
川渝区域上市公司2024年总结及2025年展望：关注产业西部迁移下川渝发展新机遇
Chuancai Securities·2024-12-11 06:44