Binhai New Area GDP Exceeds Pudong &Nbsp; &Nbsp; Development Stage Differs Greatly From Train Of Thought.

　 　 Tianjin Binhai New Area and Shanghai Pudong New Area Often compared with the outside world, the Binhai New Area has surpassed Pudong in terms of its economic scale.

Data released recently by the national development and Reform Commission showed that in the first half of this year, Binhai New Area and Pudong New Area Total GDP They were 223 billion 128 million yuan and 222 billion 663 million yuan respectively, and the coastal area exceeded 500 million yuan in Pudong. In the first three quarters, the gap was widened to 20 billion yuan. This is exactly the figure of Pudong New Area GDP over the Binhai New Area last year. In 2009, the total GDP of Binhai New Area was 380 billion yuan, and Pudong was 400 billion yuan.

　 The ten major battles of the coastal area

A key enterprise in Binhai New Area has told the first financial daily that the development of Tianjin Binhai New Area is mainly driven by resources and projects. "Big ethylene and big oil refining are all national projects, and policies are put up a lot." GDP's performance is mainly driven by investment, which are decisive factors.

The Regional Planning Department of the national development and Reform Commission believes that the Binhai New Area has more than 2700 square kilometers to be developed, while the Pudong area is only 1000 square kilometers in the Nanhui area. This is also a reason why Pudong lacks strength in infrastructure construction.

For Pudong, it is now in a painful transition period. Yang Zhouyi, Secretary General of the Pudong Institute of reform and development, believes that the growth rate decline or even stagnation in the process is normal.

Big investment is undoubtedly one of the important reasons why the Binhai New Area has won the economic growth race.

Following the launch of 375 industrial projects of more than 50 million yuan in 2009, in the beginning of 2010, the Binhai New Area planned to arrange more than 50 million yuan and 455 key projects, with a total investment of 959 billion 800 million yuan.

In the second half of last year, the Binhai New Area launched the "ten major campaigns". The project covered 2270 square kilometers of land in the entire Binhai New Area, involving a total investment of 1 trillion and 500 billion yuan, including speeding up the construction of the core area of Binhai New Area, speeding up the construction of the ring Lo Wan and the central business district of Yu Jiabao, and speeding up the construction of the Dongjiang Bonded Port Area and its comprehensive supporting service areas.

In addition to large-scale infrastructure construction, large projects are being built in Binhai New Area, which is also boosting local economic take-off.

This year, the Airbus Tianjin assembly line has achieved two Airbus A320 series, and the first aviation industry fund in China is located in the coastal area. It has gathered more than 20 aerospace enterprises and is becoming an important aerospace industry base in China.

In the Nangang industrial area, China Petroleum (Nangang) 1 million cubic meter crude oil commercial reserve project was completed recently, with a total investment of 980 million yuan. In addition to the project, CNPC has invested in the Donghai new area this year, a number of projects such as Sino Russian oil refining, PetroChina Tianjin natural gas pipeline, China Petroleum Engineering Company Tianjin project execution center and so on.

The big investment in Binhai New Area is directly reflected in its fixed asset investment growth data. From 1 to November this year, the New District completed 306 billion 94 million yuan in fixed assets investment, an increase of 38.5%, which is more than the 35.7% increase in the first three quarters, which is nearly 3 percentage points.

　 Pudong's "7+1" transformation

In contrast, Pudong has not invested in such a scale in recent years.

In April this year, Jiang Liang, chief executive of Pudong New Area District, said in an exclusive interview with first finance that he went to the Binhai New Area to see the scale, momentum and speed of their development.

However, he also said that although the two are new districts, they are all comprehensive reform areas, there are many similarities, but the two are also different, that is, the stage is different. Based on the fact that Pudong has been built for 20 years and has a good foundation, "we may have more to upgrade the industrial structure, form the core competitiveness and face the international competition."

Affected by the financial crisis, Shanghai's main economic indicators declined in 2008, and economic growth for the first time in more than 10 years was below two digits. As a result, the action of "adjusting structure" and "promoting transformation" were strengthened. Earlier, Shanghai mayor Han Zhengceng pointed out that Shanghai would rather slow down some development speed and strive for more space to speed up structural adjustment and promote transformation. Pudong, as a pilot area, has undertaken two demands in the city: innovation driven, transformation and development.

In fact, as far as economic development is concerned, Yang Zhouyi believes that the indicators should be more focused on the per capita disposable income, the output per square kilometer, the local fiscal revenue, the proportion of the three production, the balance of foreign banks' loans and loans, the proportion of high-tech industries with independent intellectual property rights, rather than the simple GDP total.

The next round of growth in Pudong will be "7+1". Earlier this year, Pudong put forward the concept of "7+1" productivity distribution, and divided Pudong into several blocks, such as comprehensive bonded area, Lujiazui financial and Trade Zone, and the international holiday resort with the theme of Disney theme park as the core. Pudong will build various functions of the international financial, shipping and trade center in specific areas.

Once the potential of these 7+1 areas is activated, huge economic energy will burst out. The Lujiazui plate, for example, completed more than 30 billion yuan of taxes in 2009. Jiang Liang once said that if the local financial policy is open, the productivity growth in this area will be explosive.

"Of course, the development of Binhai New Area will also put pressure on Pudong, that is, we need to accelerate transformation and speed up the results." Yang Zhouyi said.