In 2024, an impressive 27 Chinese cities surpassed the trillion-yuan threshold in their regional gross domestic product (GDP), earning the prestigious title of 'trillion-yuan cities'. Recently, the statistical departments of these cities have released their economic performance data for the first quarter. Among them, eight cities achieved a growth rate of 6% or higher, and eighteen cities met or surpassed the 5.4% mark, with the majority outpacing the national GDP growth rate of 5.4% for the quarter. During this period, most 'trillion-yuan cities' displayed robust economic growth momentum across investments, consumption, and exports. Notably, emerging industries like new energy vehicles, robotics, and biopharmaceuticals shone brightly, exhibiting robust development trends.
Experts underscore that China's economy enjoyed a vigorous start in the first quarter, with new productive forces continuously expanding and a clear trajectory towards high-quality development. This underscores the remarkable resilience and untapped potential of China's economy.
