Chinese media CBN reported on January 22 that as of January 21, 18 Chinese provinces had released economic data for 2020. Among them, in terms of regional GDP growth, all provinces except Hubei have turned positive. Tibet and Guizhou lead the country with growth rates of 7.8% and 4.5% respectively. CBN commented that under the impact of the new crown pneumonia (COVID-19) epidemic, China's economy has come out of a V-shaped reversal in 2020, especially in the fourth quarter showing a strong rebound. This is also evident in local and regional economic growth. It said in the first three quarters of 2020, five of China's 31 provinces have negative economic growth. Among them, Inner Mongolia and Hubei have released annual data, and Inner Mongolia has achieved positive economic growth. Among the 18 provinces that have released annual data, most of the growth rates are between 3.5% and 4%, and only Beijing, Inner Mongolia, Shaanxi, Jilin and Hubei are below 3%, with 1.2%, 0.2%, and 2.2% respectively. %, 2.4% and -5%. It said the annual growth rate of most provinces increased by one or two percentage points over the first three quarters, indicating that the growth rate in the fourth quarter increased significantly. For example, the growth rate in the first three quarters of Inner Mongolia was -1.9%, and that of the whole year was 0.2%, an increase of nearly 2 percentage points; Guangxi's annual growth rate was 3.7%, which was an increase of 1.7 percentage points over the first three quarters; Tibet increased by 6.3% in the first three quarters. %, an increase of 7.8% for the whole year, an increase of 1.5 percentage points. Judging from the overall growth rate of 18 provinces, Tibet and Guizhou continued to lead the growth with 7.8% and 4.5% respectively. According to the Guizhou Provincial Statistics Bureau, Guizhou's growth rate has been among the highest in the country for 10 consecutive years.
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