在经济浪潮的跌宕起伏中，万亿城市之间的竞争宛如一场没有硝烟却异常激烈的战争，每一次数据更新 都牵动着各方的神经。截至11月6日，27座万亿城市前三季度经济数据全部揭晓，一幅动态的城市经济 竞争画卷徐徐展开，其中既有领跑者的风采，也有后来者的追赶，更有排名变动带来的惊喜与遗憾。 增速比拼：烟唐合领跑，17城超全国 在这场经济增速的较量中，各城市展现出不同的活力与潜力。烟台以6.4%的GDP增速继续领跑，宛如 一匹黑马在赛道上疾驰，其强劲的发展势头为其他城市树立了标杆。唐山和合肥也不甘示弱，分别以 6.2%、5.9%的增速紧随其后，分列第二、第三。值得一提的是，此次共有17座城市的GDP增速跑赢了 全国增速，这充分显示出这些城市在经济发展中的韧性和活力，它们正以各自的方式在经济的舞台上绽 放光彩。 二十强风云：泉升通跌，合进佛退 年内，万亿城市"二十强"榜单可谓是变动不断，犹如一场精彩绝伦的排位赛。泉州无疑是这场比赛中的 亮点之一，它连续两个季度排名上升，凭借着坚韧不拔的发展劲头，成功超过南通，重新回归前二十行 列。泉州的重返，不仅彰显了其自身经济的稳健发展，也为榜单带来了新的活力。 与之形成鲜明对比的是南通，上 ...

Core Insights - The competition among China's trillion-yuan cities is intensifying, with 25 out of 27 cities reporting their GDP for Q1 2025, showcasing a differentiated development pattern of "leading head, competitive waist, and sprinting tail" [1] Group 1: Economic Performance of Major Cities - Shanghai and Beijing maintain their positions in the "first tier," each surpassing 1.2 trillion yuan in GDP with growth rates of 5.8% and 5.7%, respectively, exceeding the national average of 5.4% [2] - Shenzhen is approaching the 900 billion yuan mark with a GDP of 899.2 billion yuan, driven by industrial and foreign trade, achieving an industrial growth rate of 8.2% [4] - Yantai leads the trillion-yuan cities with an impressive growth rate of 6.9%, followed by Changzhou (6.1%), Suzhou, and Chengdu (both at 6%) [4] Group 2: Industrial and Economic Drivers - The industrial sector remains a core variable in urban competition, with Hefei and Xi'an achieving industrial growth rates of 14% and 13.3%, respectively, pushing their GDPs beyond 300 billion yuan [7] - The digital economy is a key growth driver, with Hangzhou's information service industry growing by 26% and Suzhou's industrial internet platform covering over 10,000 enterprises [7] Group 3: Regional Competition and Challenges - The competition between the Yangtze River Delta and the Pearl River Delta continues to escalate, with Ningbo (5.6%) and Nanjing (5.3%) vying for positions among the top ten cities [5] - Cities with high foreign trade dependence, such as Wenzhou, face potential risks from geopolitical tensions, while cities with sluggish consumption recovery need to be cautious of "investment dependency" [8] Group 4: Future Outlook - The Q1 performance of trillion-yuan cities reflects the resilience and vitality of China's economy, indicating a shift in urban competition from "scale expansion" to "quality breakthrough" [10] - As policies to stabilize growth are intensified in Q2, the competition among cities regarding their economic capabilities is expected to become more intense [10]