Tracking People’s Daily — Dec. 7, 2020

  • “In 2019, the regional GDP of Beijing-Tianjin-Hebei, Yangtze River Delta and Guangdong-Hong Kong-Macao Greater Bay Area have reached 8.5 trillion yuan, 23.7 trillion yuan and 11.4 trillion yuan respectively.”
  • This perhaps is as close as one will get to an acknowledgement of unbalanced development. “The eastern region continues to play its leading role, the central region’s economic strength is significantly enhanced…the western region has made significant progress in the construction of infrastructure and ecological environment, and poverty alleviation has achieved remarkable results.” Here’s the positive side of things, however. “In 2019, the GDP of the central and western regions increased by 7.3% and 6.7% respectively over the previous year, 1.2 and 0.6 percentage points faster than the whole country.”




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Manoj Kewalramani

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