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Tibet, Xinjiang lead GDP growth stakes
编辑:湖南经济网小编
2020-07-30

       Economic growth at some regional levels in China posted robust rebounds in the first half as a majority of provinces and autonomous regions outperformed the national economy in growth and returned to expansion mode, said the National Bureau of Statistics.

As of Sunday, 16 provinces and autonomous regions reported positive GDP growth rates in the first half with western regions posting the strongest growth. The Tibet autonomous region led the rankings with its first-half economy growing 5.1 percent on a yearly basis, followed by 3.3 percent in the Xinjiang Uygur autonomous region and 1.5 percent in Guizhou province.

The economic performance in western regions contrasted with the 1.6 percent decline of the national economy in the first half of the year. Experts said the country's inland regions saw relatively robust growth as they are less affected by the damage caused by the COVID-19 pandemic than coastal regions.

The growth in western regions also reflected the continuous improvement of infrastructure development which helped boost logistics and draw large amounts of human resources and capital into the regions, said Cao Heping, a professor at Peking University's School of Economics.

"It is in line with expectations that per capita disposable income in western regions also maintained fast growth as a result of steady economic development," Cao was quoted by business newspaper Beijing Business Today as saying.

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