www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Economy

Mapping geography yields some surprises

By Zheng Yangpeng (China Daily) Updated: 2014-08-19 13:50

Mapping geography yields some surprises

Source: CBN [Provided to China Daily]

South dominates to a much larger degree than many assume

Various methods are used to measure economic disparities among China's regions. The most common gauges are GDP and per capita GDP.

The results, however, could be skewed by disproportionately high industrial and infrastructure spending in some regions, which under current circumstance, could be a burden rather than an advantage.

China Business News used an alternative method, comparing regions' competitiveness through the number of listed companies. The idea was to find a better measure than those based on GDP.

A long moratorium on initial public offerings left many competitive and fast-growing companies waiting on the sidelines. But in a way, it also divided large companies into two groups: companies that have been listed in the Shanghai and Shenzhen exchanges and those that are waiting for approval from the China Securities Regulatory Commission. If the first group represents the past, the latter represents the emerging forces of the future.

The study of 2,525 A-share listed companies and 596 to be listed (as of late July) revealed many things, many of which reinforced long-standing perceptions. And much dovetailed with what could be concluded from GDP analysis: Guangdong is still the largest economic powerhouse.

The Pearl River Delta, the Yangtze River Delta and the Beijing-Tianjin-Hebei cluster remained the three most important engines of China's economy.

But there were also surprises and nuances that foreign investors should bear in mind if they want to have a better grasp of this vast country's economic geography. For example, the economic center of gravity is tilted much more toward the south than most people think.

For example, the Yangtze River Delta and the Pearl River Delta accounted for 27.1 percent and 14.9 percent of China's listed companies, respectively.

The Beijing-Tianjin-Hebei cluster had only 12.5 percent.

The tilt is more obvious when one examines the number of companies waiting to be listed: the Yangtze River Delta and the Pearl River Delta were home to 33.7 percent and 19.3 percent, respectively, while the number for the Beijing-Tianjin-Hebei cluster was just 12.7 percent.

And except for Beijing, which topped all lists, there was no other northern city that made it into the top 10 list, either by number of listed companies or companies to be listed.

Tianjin, the much trumpeted "northern China economic hub", which led the nation in GDP growth in recent years, failed to make into the top 10. The city, with only 39 companies listed and eight awaiting a listing, was far behind other cities.

By comparison, the concentration of big industrial companies in Tianjin made its GDP in 2013 1.78 times that of Wuxi. Other rising stars in the north had just a dim presence on the CBN list. Shandong, which ranked third in terms of GDP nationwide, was dwarfed by smaller economies such as Zhejiang and Shanghai.

Shandong, 46 percent larger than Zhejiang in terms of 2013 GDP, had only 151 listed companies, while Zhejiang has 252.

Northern regions also generally lost to southern ones in terms of the vigor of private companies: Only 35.9 percent of the 39 listed companies in Tianjin were private, a ratio lower than the national average.

Shandong was even lower, and of the 28 to be listed companies in the province, 21 were in the manufacturing sector, while those in the new economy-represented by information technology, software, culture and entertainment-stood at four.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 精品视频一区二区三区 | 日本香蕉一区二区三区 | 久久狠狠一本精品综合网 | 久久w5ww成w人免费不卡 | 欧美精品午夜 | 久久精品国产亚洲7777 | 一级黄色毛片播放 | 一级做a爱片久久毛片 | 日韩视频在线观看一区二区 | 日本一区二区三区在线 视频 | 国产精品久久久久久搜索 | 在线日韩视频 | 高清日本在线成人免费视频 | 日本午夜小视频 | 91香蕉网 | 精品国产免费第一区二区三区日韩 | 国产欧美视频在线观看 | 国产精品久久久久影院色老大 | 久久久免费网站 | 久久99国产精品久久 | 国产乱子伦片免费观看中字 | 毛片免费视频观看 | 成人精品一区二区久久 | 日本成人在线视频网站 | 亚洲欧美日韩在线精品一区二区 | 欧美日韩国产在线人成dvd | 国产成人精品免费视频大全五级 | 欧美一级成人一区二区三区 | 成人合集大片bd高清在线观看 | 亚洲国产一区在线 | 亚洲男人天堂久久 | 亚洲欧美在线精品一区二区 | 天天视频一区二区三区 | 欧美一区二区二区 | 亚州综合网 | 三级黄色毛片网站 | 亚洲国语在线视频手机在线 | 欧美在线 | 亚洲 | 成人91在线 | 亚洲欧美另类视频 | 成人三级做爰在线视频 |