The short-term ordeal has also happened to Hubei for many times. Whether it is the presence of the Mongolian army and the battle of Wuhan during the War of Resistance, the people on this land have never compromised.
Editor’s note: This article comes from WeChat public account “ Advance Finance” (ID: jinbubo) a>, author Shen Shuaibo.
As the economy in transition is full of uncertainty and anxiety, coupled with the sudden outbreak, it is currently bleak.
This article is not intended to increase anxiety, and aims to analyze objectively and rationally the economic data of Hubei and Wuhan, which will involve some national data.
Note: Because the current year’s data is summarized in 2019, many data do not yet have the official official version of 2019, so the comprehensive use of the confirmed data of 2018 and 2019 is used, But it does not affect everyone’s perception of the macro.
According to data released by a press conference jointly held by the Hubei Provincial Bureau of Statistics and the National Bureau of Investigation of Hubei Province, Hubei Province’s GDP in 2019 reached 45,828.31 billion yuan, an increase of 7.5%, faster than the country’s 1.4%.
Ranked 7th in the provincial administrative regions.
In the figure below, we have pulled out the GDP situation of Hubei Province since Q1 of 2018. The overall growth rate has been growing at a high speed in the range of 8% -9% (leading the national average), of which the secondary industry is industrial Lead the whole.
Wuhan’s GDP in 2018 was nearly 1.5 trillion, ranking 9th in the country’s trillion-GDP city, higher than Hangzhou, which has a more sense of science and technology in our minds, and accounts for about one-third of Hubei’s GDP.
The resident population is 10.89 million. It is the only sub-provincial city in the six central provinces (Hunan, Hubei, Anhui, Jiangxi, Henan, and Shanxi).
At the end of 2018, there were a total of 17 trillion cities, with a total GDP of 29 trillion, accounting for about one-third of the country’s GDP, which means that the industry is concentrated in large cities and the trend toward urban clusters is very obvious , And irreversible.
At present, the most important source of masks that everyone is snapping up is actually in Hubei Province, accounting for one third of the country.
I think after this battle, we need to re-understand high-end manufacturing and low-end manufacturing. In fact, it is really not good without low-end manufacturing, although masks do not appear in the TOP5 industry in Hubei Province.
Whether we have such a wrong view of many important production materials and agricultural products, this requires our reflection.
Hubei closed the city, there may be toilet paper in case of emergency. About 50 kilometers northwest of Wuhan, the capital of Hubei Province, this is the largest tissue production base in China-Xiaonan District, Xiaogan City. As long as it is a paper product, it can be found in Xiaonan District, whether it is toilet paper, facial tissue, A4 paper, plastic paper or wallpaper.
In 2018, Xiaonan District’s paper, sanitary products, packaging paper, cultural paper and other paper products andA total of 40 supporting companies have produced 1.8 million tons of paper products. In 2019, the paper product industry created an output value of 10 billion yuan for Xiaonan District, of which Hengan Group and Vinda Group contributed more than 300 million yuan in taxes. As we all know, “Xinxiang Yin”, “Vida”, “Clean Wind”, “Jierou”, “Jieling” and even “Seven Degrees” all came to Xiaonan District, Xiaogan City, Hubei Province.
Hubei Province produced 13.27% of sulfuric acid nationwide. If it cannot be resumed, it will affect a large number of industrial fields.
The meaning of sulfuric acid for industry is approximately equal to the value of salt for food and beverage, also known as the “mother of industry”. In papermaking, pesticides, medicine, national defense, materials science and even space science, sulfuric acid plays an important role.
The five pillar industries in Hubei are: automobile manufacturing, agricultural and sideline food processing, chemical raw materials and chemical products manufacturing, non-metallic mineral products, and computer, communications, and other electronic equipment manufacturing.
Except for the second headquarters of some Internet companies, the origin of a few Internet companies and the chip industry in Hubei, most industries are labor- and manufacturing-intensive.
The industry is characterized by either a shutdown or the need and possibility of working from home. The Q1 data will be scary.
To make a point here, in favorable industries, there may be unmanned factories. Because if something like this happens, only unmanned factories can guarantee uninterrupted work. Future support for unmanned factories may go beyond the conversion of short-term operating costs.
