The central and western regions show a trend of differentiation

The central and western regions have become the areas with the fastest economic growth in the first half of the year. Among the top ten GDP growth rates in the country, the eastern and western regions each have three seats, while the central region occupies four seats. Among them, Chongqing, Guizhou and Xizang, three western provinces, occupy the first, second and fourth places respectively, and Henan Province in the middle occupies the third place. The semi annual economic reports disclosed by various regions show that although the overall growth rate of the central and western regions is relatively high, the trend of differentiation is gradually emerging. The resource-based provinces represented by Shanxi and Inner Mongolia have become the slowest economic growth regions in the central and western regions. Chongqing, Guizhou and Xizang, whose economies are relatively small, have their economic growth in the front row. Other central and western provinces with relatively medium economic aggregate have their economic growth in the middle. Provinces with smaller economic volumes have faster economic growth rates Unlike the northeast and eastern coastal regions, the central and western regions seem to have the largest differentiation in the first half of the year. In the national GDP growth rate ranking, there are both provinces with high economic growth rates and Shanxi, which ranks relatively low. However, overall, the economic growth rates of the vast majority of provinces in the central and western regions still rank higher in the middle of the country. In recent years, after entering a period of medium to high economic growth, the central and western regions of China have shown impressive performance. Some people believe that the leading position in the central and western regions reflects the transformation of new kinetic energy in the region. A reporter from the China Economic Times noticed that among the 16 provinces in central and western China, except for Shanxi in the central region and Inner Mongolia in the western region, the GDP growth rate of other regions in the first half of the year exceeded the national average level (7%). Among the six provinces in central China, four provinces ranked in the top ten in terms of economic growth rate, namely Jiangxi, Hubei, Anhui, and Hunan. Against the backdrop of most provinces in the central and western regions running fast, some relatively smaller provinces have become the vanguard. Taking Chongqing, Guizhou and Xizang, which have a fast GDP growth rate in the central and western regions, as an example, the total economic volume of the three regions is not higher than that of the central and western regions. The total GDP of Chongqing in the first half of the year is in the middle of the central and western regions. Both Guizhou and Xizang are relatively small, especially Xizang, which is the smallest province in the country. If we analyze the semi annual reports of the three regions mentioned above, the support of industry for their economic growth is relatively strong. Taking Chongqing, the city with the fastest economic growth rate in the past six months, as an example, the growth rates of both the secondary and tertiary industries are close to the local GDP growth rate. Among them, the supporting role of industry is very obvious. In the first half of the year, the year-on-year growth rate of the total output value of industrial enterprises above designated size in Chongqing was two percentage points higher than the local GDP growth rate, and the added value of industrial enterprises above designated size was slightly higher than the GDP growth rate. At the same time, in terms of investment, fixed assets investment reached 629.892 billion yuan in the first half of the year, up 17.5% year on year. Among them, the investment in the secondary and tertiary industries grew rapidly year on year, approaching or even exceeding the growth rate of fixed assets investment. The situation in Guizhou and Xizang is similar. The second industry and investment have relatively obvious pulling effects on the local economy. In its semi annual economic report, Guizhou Province stated that despite the slowdown in macroeconomic growth, the province's economy has remained relatively stable, with the main expected targets being achieved "halfway through time and halfway through tasks". Among them, industrial growth has rebounded for two consecutive months, with the cumulative growth rate reaching double digits for the first time this year. Resource based provinces have slower growth rates Against the backdrop of high overall economic growth in the central and western regions, the GDP growth rates of Shanxi and Inner Mongolia, two resource-based provinces with relatively single industrial structures, rank last in the central and western regions, respectively. The reporter from China Economic Times noticed that coal accounts for a relatively large proportion in the economies of the two regions, and the local industrial structure is single. In recent years, the coal market has been sluggish, directly affecting the local economy. According to publicly available information, coal has always accounted for half of the entire industry in Shanxi Province, and coupled with closely related industries such as coke, metallurgy, and electricity, its total economic output accounts for over 80% of Shanxi Province's industrial economy. The proportion of coal industry in Inner Mongolia is slightly smaller than that in Shanxi. In 2014, Inner Mongolia's coal industry accounted for about one-third of the local large-scale industries. In the future, this situation may gradually improve. According to the information disclosed in the semi annual report of Shanxi Province, in the first half of the year, the industrial fixed assets investment in Shanxi Province was higher than the national average, and the growth rate of investment in non coal and non-traditional industries was higher than that in coal and traditional high energy consuming industries. Inner Mongolia reported in its semi annual report that the proportion of local coal industry in large-scale industries has decreased from 28.8% in the same period last year to 24.5%, and its contribution to economic growth has decreased from 18% to 8.5%. The local government stated that the industrial pattern of "one coal dominating" is accelerating its transformation. However, the industrial situation in Shanxi Province is still not optimistic. In the first half of this year, the GDP of Shanxi Province increased by 2.7% compared to the same period last year. Among them, both the primary and tertiary industries showed slight year-on-year growth, while the secondary industry experienced a decline of nearly the same magnitude as GDP growth. After entering the second half of the year, the differentiation trend in the central and western regions may continue for a period of time. The information in the semi annual report shows that regions with faster development rates, represented by Chongqing, are relatively optimistic about the situation in the second half of the year, while regions with slower economic growth rates, represented by Shanxi Province, face relatively greater pressure to promote development. Chongqing stated in its semi annual report that the city's economy remained stable in the first half of the year, with initial results in structural adjustment, transformation, and upgrading. However, the external environment remains complex and volatile, and there is significant downward pressure on the city's economy. It is expected that the economic growth in the second half of the year will continue to maintain a good trend of stable development. Shanxi Province stated in its semi annual report that in the current economic operation of the province, problems such as the continuous expansion of industrial decline and the increasing pressure on fiscal revenue growth are still prominent, and it is currently in the most difficult period of economic development. Efforts should be made to promote the stabilization and recovery of the economy and strive to achieve the annual target tasks. In the first quarter of this year, the economic growth rate of Shanxi Province was 2.5%; In the first half of this year, the economic growth rate of Shanxi Province was 2.7%; According to local planning, the GDP growth rate of Shanxi Province will reach 6% in 2015.