In his New Year's Day speech on Jan.1, Foshan Mayor Zhu Wei revealed that in 2019, Foshan conscientiously carried out the policy and measures of steady growth, and the city's total GDP exceeded the trillion yuan mark, and its comprehensive economic strength reached a new level.
According to the third-quarter GDP of each city, Jinan, followed by Foshan, reached 718.9 billion yuan, making it difficult to break the 1 trillion mark by 3\/4. Since then, Quanzhou, Nantong, Dongguan, Xi'an and other cities in the economic volume and growth rate are inferior to Jinan.
First of all, with Foshan breaking through the trillion yuan barrier, Guangzhou and Foshan became the \"double trillion\" of the same city combination for the first time. Although urbanisation is becoming a choice in more and more parts of the world, a combination of \"double trillions\" like guangfo is still rare throughout the country.
And at the provincial level, before 2019, there were only three trillion cities in Jiangsu province (Nanjing, Suzhou, Wuxi). Foshan's GDP exceeded trillion, making Guangdong the second province to do so.
Foshan is one of the representative forces of manufacturing transformation and upgrading. Xu jiabin, a member of the strategic advisory committee on building a national manufacturing power, has pointed out that chinese manufacturing is unlikely to achieve an overall promotion, only \"local areas will break through, with a spark to start a prairie fire \", and foshan is one of the first cities to break through.
Based on this, some people think that Foshan's entry into the \"trillion-level city club\" marks that the strong service industry is not a necessary condition to measure the city, and the path of urban development in China is moving towards diversification.
A general view is that large cities exist because of the provision of services. Lu Ming, a special professor at the School of Economics at Shanghai Jiaotong University, points out that the richer the country, the greater the role of knowledge in economic development. Talent inflow and enterprise gathering become the core of big cities, and all kinds of service industries are the basic conditions.
The other side of the rapid development of the service industry is that the cost of various resources, such as urban land and manpower, has risen sharply, and the more cost-sensitive manufacturing industry has to move out. Even shenzhen, with its highly developed manufacturing chain, has had to face the fate of Huawei moving its r