雅江工程启动后，很多成都人非常开心。虽然各种信息，已经表明雅江集团总部在林芝，但仍架不住大家畅想林芝总部只是虚设，成都才是真正的基地。甚 至雅江成都分公司在天府新区拿地，都能被炒上今日头条热搜。 这种格局一直持续到本世纪初。但就在短短十几年内，成都突然又王者归来，不光碾压本区域的重庆；甚至同样有长江，还有江汉平原做腹地，并扮演着九 省通衢角色的中部第一城武汉，在经济上跟成都比，都逐渐落了下风。 这明显不符合工业时代的经济规律。这样一个偏居西部一隅，地缘环境闭塞又不通江达海的城市，按理说完全没有超过重庆、武汉的实力。 原因何在？ 当然，这些人关注的不是雅江总部本身，而是成都经济和房价。毕竟1.2万亿的工程，几十上百万人的参与，一家全新央企，想想就觉得兴奋。 但在这里，我想给这拨人泼泼冷水。短期看，雅江工程确实是成都楼市乃至经济的重大利好；但从长期角度，却是不折不扣的超级大利空。 为什么这么说？这里倒不是因为雅江工程本身，而是雅江工程背后的林芝崛起。 其实大家可以想想，为什么成都近年来会反压西安，武汉，重庆，成为中西部第一城？ 当然，在农耕时代可以理解，毕竟成都平原沃野千里嘛，好种粮食，所以有扬一益二之说。但进入 ...

Core Insights - The article highlights the dramatic transformation of China's urban economic landscape over the past three decades, showcasing the shift from a few cities with GDPs over 100 billion to the emergence of megacities with GDPs in the trillions [1][5] Group 1: Historical Context - In 1990, only 35 cities had GDPs exceeding 100 billion, with Shanghai leading at 744 billion, followed by Beijing, Guangzhou, Tianjin, and Chongqing [1][4] - The total GDP of these 35 cities was only 6,187 billion, which is less than one-sixth of Shanghai's projected GDP of nearly 50 trillion in 2025 [3][4] Group 2: Economic Growth and Rankings - Shanghai maintained its position as the top city, with a GDP of 744 billion, significantly higher than Beijing's 410 billion, indicating a strong economic foundation [1][3] - Suzhou entered the top ten in 1990 with a GDP of 202 billion, showcasing its early industrial and manufacturing strengths, while Shenzhen, despite ranking 20th with 135 billion, experienced a nearly 50% growth from the previous year [2][3] Group 3: Economic Transformation - The GDP of Shanghai has expanded over 60 times from 744 billion to nearly 50 trillion, while Shenzhen's GDP grew from 135 billion to over 30 trillion, reflecting a significant economic transformation [3][5] - The article emphasizes that the economic explosion is driven by accelerated industrialization, urbanization, technological innovation, and globalization [3][5]

Core Viewpoint - Ningbo aims to achieve a GDP of over 2 trillion yuan and enter the top 10 cities in China by 2025, but faces significant competition from Nanjing and Tianjin as the deadline approaches [1][2][3]. Group 1: Economic Goals and Competition - Ningbo's GDP in 2024 is 1.81 trillion yuan, ranking 11th nationally, requiring an increase of approximately 190 billion yuan to meet its 2025 target [1][2]. - Nanjing, currently ranked 10th with a GDP of 1.85 trillion yuan, poses a direct challenge to Ningbo's ambitions, as both cities have set similar economic growth targets [1][2]. - The competition is intensifying, with Nanjing's GDP growth strategies already in motion, including attracting significant investment projects [2][3]. Group 2: Economic Performance Indicators - As of mid-2025, the GDP figures for Nanjing, Ningbo, and Tianjin are 9179.18 billion yuan, 8861.0 billion yuan, and 8706.60 billion yuan respectively, indicating a narrowing gap between these cities [4]. - Ningbo's industrial output growth rate was 5.7% in the first half of 2024, which is crucial for achieving its GDP target [4][5]. - Ningbo's reliance on foreign trade is significant, with an import-export total of 1.42 trillion yuan in 2024, making it the fifth-largest in the country [5]. Group 3: Strategic Development Initiatives - Ningbo is focusing on enhancing its industrial and foreign trade sectors to drive economic growth, with a particular emphasis on manufacturing and artificial intelligence [5][6]. - The collaboration between Ningbo and Hangzhou is part of a broader strategy to leverage their respective strengths in manufacturing and technology innovation [5][6]. - The long-term economic success of these cities will depend on their ability to sustain productive growth and adapt to changing economic conditions [6].

Core Insights - The "trillion-dollar club" in China's urban economy has expanded, with nine cities now part of this elite group, indicating a new historical height in economic development [1] - Beijing and Shanghai remain the top two cities, both surpassing 2.5 trillion yuan in GDP, showcasing their strong economic power as national central cities [2] - Emerging cities like Suzhou, Hangzhou, and Wuhan are making significant strides, with notable growth rates and contributions to the economy [4][5] Group 1: Economic Performance of Major Cities - Beijing's GDP reached 25,029 billion yuan, marking a 5.5% increase from the previous year [10] - Shanghai's GDP was 26,222 billion yuan, with a growth rate of 4.61% [10] - Shenzhen's GDP stood at 18,322 billion yuan, reflecting a 5.9% growth [11] Group 2: Emerging Cities and Growth Rates - Suzhou achieved a remarkable growth rate of 7.82%, surpassing 13,000 billion yuan in GDP [4] - Wuhan's GDP reached 10,593 billion yuan, with a significant contribution of 617 billion yuan from its optoelectronics industry [4] - Hangzhou joined the trillion-dollar club with a GDP of 11,302.72 billion yuan, showing an impressive growth rate of 11.5% [4] Group 3: Regional Economic Competitiveness - Dalian's GDP reached 4,647 billion yuan, surpassing Tangshan, driven by major projects from Intel and Hengli Petrochemical [5] - Tangshan's growth rate slowed to 6.57%, but it made progress in industrial transformation, with over 65% of its steel production being high-quality products [7] - The cities of Yichang and Xiangyang in Hubei province are competing closely, with Yichang's GDP at 2,866.57 billion yuan and a growth rate of 8.56% [7][14] Group 4: Overall Economic Resilience - The overall performance of China's cities reflects strong resilience and continuous innovation, with various regions showcasing unique economic strengths [15] - The competition among cities is expected to intensify, driven by macroeconomic policy benefits and regional economic characteristics [15]

Core Insights - The economic performance of China's top 30 cities in the first half of 2025 shows significant growth, with Shanghai, Beijing, and Shenzhen leading the rankings, showcasing strong economic resilience and development momentum [3][4][10] - The Yangtze River Delta and the Guangdong-Hong Kong-Macau Greater Bay Area continue to be the main engines of China's economic growth, with cities like Suzhou, Hangzhou, and Ningbo demonstrating remarkable economic acceleration [3][4][10] Group 1: Economic Rankings and Growth Rates - Shanghai's GDP reached 26.22 trillion yuan, marking a 4.61% increase from the previous year [1] - Beijing's GDP was 25.03 trillion yuan, with a growth rate of 5.5% [1] - Shenzhen's GDP stood at 18.32 trillion yuan, reflecting a 5.9% growth [1] - Chongqing emerged as the first inland city to rank fourth nationally with a GDP of 15.93 trillion yuan, growing by 4.7% [4] - Guangzhou's GDP was 15.08 trillion yuan, with a growth rate of 5.48% [1] Group 2: Sectoral Developments - Chongqing's economic growth is driven by strategic industrial clusters, particularly in smart connected vehicles and high-end equipment manufacturing, with a 6.8% increase in industrial added value [4] - Guangzhou is focusing on modern service industries, with the added value of modern services exceeding 68% of its GDP, indicating a shift towards digital economy and cross-border e-commerce [4] - Zhengzhou's GDP of 7.33 trillion yuan benefited from its logistics hub capabilities, with a 23% increase in cross-border e-commerce transactions [5] - Tangshan is undergoing a green transformation, achieving a 6.57% nominal GDP growth through steel capacity upgrades and advancements in renewable energy [7] Group 3: Emerging Economic Patterns - The economic landscape is evolving into a multi-driven growth matrix, with major cities integrating into global supply chains while midwestern cities like Chongqing and Zhengzhou leverage their geographic advantages for industrial upgrades [10] - Resource-based cities like Tangshan are revitalizing their economies through technological innovation and green initiatives, contributing to a more resilient economic framework for China's future [10]

Core Viewpoint - Zhuhai, a coastal city in southern China, has transformed from a small fishing village into a modern city with a robust economy and advanced industrial structure over the past 45 years, showcasing significant economic growth and innovation [1][2][4]. Economic Growth - In 1978, Zhuhai's GDP was only 261 million yuan, which has surged to 447.9 billion yuan in 2024, representing an increase of over 1,700 times [3][4]. - The average annual growth rate exceeds 15%, making Zhuhai's economic leap one of the rare cases globally [5]. Industrial Structure - Over 45 years, Zhuhai's industrial structure has fundamentally changed, evolving into a modern city with a leading industrial framework, focusing on seven major industries, including electronic information [6][7]. - In 2024, the seven pillar industries contributed an industrial added value of 134.809 billion yuan, accounting for 81.8% of the city's industrial added value [9]. Technological Innovation - Zhuhai ranked 12th among 288 cities in China for its technological innovation development index in 2024, and second among prefecture-level cities [12]. - The city has implemented numerous reform and innovation projects, with 78 projects in 2024 and 112 planned for 2025, enhancing its R&D investment to 4.06% of GDP [12]. Talent Attraction - Zhuhai is recognized as a talent-friendly city, with a net inflow of talent ranking among the top three in the province, attracting approximately 70,000 new talents in 2024 [13]. - The city has established a comprehensive housing guarantee system for young talents, planning to reserve at least 36,000 specialized housing units within three years [14].

Core Insights - The competition for the title of "Second City in Central China" between Changsha and Zhengzhou is intensifying, with Changsha currently leading by a narrow margin in GDP [2][3] - In the first half of 2024, Zhengzhou's GDP was 725.24 billion yuan, while Changsha's was 717.02 billion yuan, with Zhengzhou holding a slight advantage of 8.219 billion yuan [1] - By the end of 2024, Changsha is expected to reclaim the second position, surpassing Zhengzhou by over 70 billion yuan [1] Economic Performance - In the first half of 2025, Changsha's GDP reached 764.04 billion yuan, while Zhengzhou's was 732.93 billion yuan, indicating Changsha's continued growth [1] - Both cities have shown significant growth in their GDPs, with Zhengzhou and Changsha achieving 732.93 billion yuan and 764.04 billion yuan respectively in the first half of 2025 [1] Industrial Development - Both cities are important industrial hubs, with Changsha's industrial output value growing by 8.2% and Zhengzhou's by 8.5% in the first half of 2025 [7] - Changsha's strength lies in traditional industries such as construction machinery, while Zhengzhou excels in electronic information and automotive manufacturing [7][8] - Changsha has maintained its position as the national leader in construction machinery for over a decade, producing 70% of the country's machinery types [7] Trade and Exports - Zhengzhou leads in import and export activities, with a total import and export volume of 274.68 billion yuan in the first half of 2025, a year-on-year increase of 38.7% [9] - In contrast, Changsha's import and export volume was only 136.76 billion yuan, making Zhengzhou's trade volume approximately double that of Changsha [9] New Economic Drivers - The development of new economic drivers is crucial for both cities to enhance their economic scale and secure their positions [10] - Changsha is focusing on advanced energy storage materials, while Zhengzhou is investing in new energy vehicles, aiming to create a second growth engine [10] - The strategic industrial transformations in both cities reflect their efforts to improve technological independence and resilience against economic fluctuations [10][11]

Group 1 - The core viewpoint of the article highlights the population stagnation and potential decline in Kunming, contrasting it with the population growth in Guiyang, which has shown significant increases in recent years [2][3][4][8][10]. - Kunming's current permanent population is 8.687 million, falling short of its goal to exceed 10 million by 2025, with a net inflow of only 4,600 people after accounting for natural population changes [4][6][5]. - Guiyang's population growth is attributed to a higher birth rate and better economic conditions, with a notable increase of 182,500 residents in 2023, ranking second nationally [9][11][12]. Group 2 - The article discusses Kunming's over-reliance on real estate development at the expense of industrial growth, leading to economic challenges [17][18][67]. - Fixed asset investment data shows that real estate investment in Kunming surged to 60% of total fixed investment by 2021, coinciding with a national downturn in the real estate market [23][24][26]. - The decline in land sales revenue is alarming, dropping from 915.7 billion yuan in 2019 to just 46.28 billion yuan in 2023, indicating a severe contraction in the real estate sector [26][28][30]. Group 3 - Kunming's industrial output remains significantly lower than that of major industrial cities, with its industrial added value reaching only 170.4 billion yuan in 2023, compared to Shenzhen's 1.2 trillion yuan [35][39][44]. - The city has only one industry with over 100 billion yuan in revenue, highlighting a lack of diversified industrial strength compared to cities like Shenzhen and Suzhou, which have multiple billion-yuan industries [47][50][52]. - The article emphasizes that the neglect of industrial development during a critical growth period has left Kunming vulnerable to economic downturns [67]. Group 4 - Kunming faces a severe debt crisis, with city investment platform debts reaching 357.75 billion yuan by the end of 2022, resulting in a debt-to-revenue ratio of 550% [68][69]. - The city's financial struggles have led to issues such as unpaid wages for public transport employees, raising concerns about fiscal management and sustainability [76][78][82]. - The article suggests that cities like Kunming, which have relied heavily on real estate and debt-driven growth, will require significant time to recover from their current economic challenges [83].

Core Insights - Wuhan registered a total of 81,417 new enterprises from January to March 2025, representing an 83% year-on-year growth, ranking second among major cities in China [2] - The top five industries for new registrations in Wuhan are trade and retail, information technology, business services, cultural media, and construction, with trade and retail leading in both quantity and growth rate [2] - The city has implemented significant cost-reduction policies for businesses, lowering various costs by 43.5 billion yuan in 2024, which has created a favorable environment for new enterprise registrations [3] Economic Performance - Wuhan's GDP reached 21,106.23 billion yuan in 2024, growing by 5.2%, with fixed asset investment increasing by 3.1% and retail sales of consumer goods rising by 5.3% [5] - The rapid growth in economic indicators indicates a positive development trend, providing more market opportunities and boosting investor confidence in Wuhan [5] - The high-tech industry in Wuhan has also seen substantial growth, with over 16,000 high-tech enterprises and significant revenue increases in key sectors such as optoelectronic information and life health [5] Infrastructure and Transportation - Wuhan is a major transportation hub, being one of the four key railway hubs in China, with the highest passenger transfer volume and extensive railway connections [6] - The city has developed a dual-hub airport system with Tianhe International Airport and Ezhou Huahu International Airport, enhancing its logistics and transportation capabilities [6][9] - Recent infrastructure improvements, including the expansion of Tianhe Airport and the opening of new high-speed rail lines, have facilitated easier logistics and transportation for businesses [9] Government Support - The national government has provided various policy supports for Wuhan's development, positioning it as a central economic, technological innovation, and logistics hub in central China [8] - The government's focus on transportation infrastructure, including the development of a logistics circle with a 1,000-kilometer radius, aims to improve both passenger and freight efficiency [8] - Comprehensive support across economic, transportation, technology, and industry sectors has been crucial in driving the surge in new enterprise registrations in Wuhan [9]