Vice Director: Cities and Gdp Growth

vice director: It surprises me that cities like Shenzhen, which have been affected to a relatively large extent by the trade war, still achieved striking GDP growth in the first half of this year, according to Global Times China. This also shows the vigor of the private economy in those regions, Tian Yun, vice director of the Beijing Economic Operation Association, told the Global Times. Some of the other strong performers included coastal cities whose trade has long focused on the traditional US market. Among the cities whose GDPs surpassed 1 trillion yuan 144 billion in 2018, two inland cities - Chengdu, capital of Southwest China's Sichuan Province and Changsha, capital of Central China's Hunan Province - led GDP growth in the first half of this year, with both reporting expansion of 8.2 percent. Not far behind was Wuhan, an inland city that's capital of Central China's Hubei Province. In Chengdu, the figure was unchanged from a year earlier, while Changsha's growth quickened from 6.36 percent recorded for the first six months of 2018. (news.financializer.com). As reported in the news.

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