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    The Price Of Resources Is Rising, The East Is Rich In Chinese And Western &Nbsp; Guangdong'S Per Capita GDP Is Not Inner Mongolia.

    2011/6/24 14:02:00 73

    Transformation Of Resources Prices And Upgrading Of Raw Material Prices

    Although the status of the first economic province remains the same, the profitability of Guangdong's industrial enterprises is hardly optimistic.


    As the price of energy and raw materials increased, the days of natural resources rich provinces such as Inner Mongolia and Shaanxi were getting better.


    The profit margins of enterprises are continuously compressed.


    Data released recently by Guangdong Provincial Bureau of statistics show that the cumulative value of industrial added value above Designated Size reached 854 billion 931 million yuan in 1~5 months, an increase of 13%, an increase of 4.7 percentage points over the same period.


    In terms of industrial profits reflecting the key indicators of economic operation quality, the total profit of industrial enterprises in Guangdong increased by 10.6% in 1~4 months, an increase of 0.2 percentage points over the first quarter, but still 12.3 percentage points lower than that in 1~2 months.


    According to the Bureau, some industries, such as automobile, electronics and electrical appliances, are shrinking due to emergencies such as Japan's earthquake. The cost of domestic raw materials and manpower has increased rapidly, and the profit margins of enterprises have been further compressed.


    Compared with the rising cost of labor,

    RMB appreciation

    Among other factors, the rising price of upstream raw materials has the greatest impact on many export enterprises in Pearl River Delta, especially small and medium-sized enterprises.

    At the Canton Fair in 4 and May this year, many export enterprises interviewed by the first financial daily said that the rise of raw materials accounted for the highest proportion in the export price rising factor.


    "This is related to the rising price of energy and raw materials in the international market, and the production of upstream raw materials is in a controlled position, and its rise will have a greater impact on the downstream."

    Peng Peng, director of the scientific research office of the Guangzhou Academy of Social Sciences, analyzed this newspaper. Although the price of raw materials has been rising steadily, the factory price of downstream industrial products has been limited by the state's efforts to stabilize prices, and the profit margins of enterprises have been continuously compressed.


    Statistics show that the gap between Guangdong's purchasing and factory price index growth in 1~5 month has widened further, the price index of industrial producer purchase has increased by 7.4%, the ex factory price index has increased by 3.6%, and the scissors difference between the two enterprises has increased by 0.1 percentage points over 1~4 months.


    The Zhejiang small and Medium Enterprises Bureau recently released research report also shows that the purchase of raw materials and the price of factory products are "high and low" obviously.

    In the first quarter, the purchase price and factory price of industrial producers rose by 10.1% and 6.4% respectively, and the difference was 3.7 percentage points.

    The sharp rise in energy and raw material prices has put pressure on the operation of enterprises.

    Some textile printing and dyeing enterprises reflect that the price of raw materials such as raw cotton, viscose and other raw materials is rising rapidly after the festival.


    With the rising prices of energy and raw materials, Guangdong's industrial profits have also shifted to the upstream.

    In 1~4 months, Guangdong's oil and natural gas extraction industry achieved a profit of 10 billion 843 million yuan, an increase of 43.5%; the black metal mining and mining industry made a profit of 352 million yuan, a sharp increase of 87.2%, and a profit of 742 million yuan for non-ferrous metal mining and mining industry, an increase of 38.7%.

    {page_break}


    Central and western provinces occupy resource advantages


    The rise of energy and resource prices has also changed the proportion of China's regional economy to some extent.

    As an energy rich region, the provinces represented by Inner Mongolia and Shaanxi benefit from energy and

    Raw material

    The sharp rise in price and the rapid development of the economy, coupled with the pfer of coastal industries to the central and western regions, and the abundant labor force in the central and western regions, have led to a gradual narrowing of the economic gap between the coastal areas and the central and western regions.


    What is particularly noteworthy is Inner Mongolia. According to the latest data after the sixth national census, Inner Mongolia's per capita GDP in 2010 has reached 47174 yuan, ranking sixth in the whole country. While Guangdong is still the first largest economic province, its per capita GDP has dropped to seventh in the whole country, which is only 43596 yuan.


    Based on the latest GDP data and the sixth census data, Guangdong's per capita GDP is 8752 yuan in the first quarter of this year, and Inner Mongolia's per capita GDP is 9680 yuan.

    In the first quarter, the growth rate of GDP in Guangdong was 12.5%, while that in Inner Mongolia was 13.7%, slightly faster than that in Guangdong.


    Shaanxi, which is similar to Inner Mongolia, is developing rapidly. Its per capita GDP has risen to fifteenth place in the whole country last year.

    The Research Report on China's private capital investment recently released by the policy research center of the Ministry of investment and housing and urban and rural construction (Ordos (600295, stock bar) and Northern Shaanxi Province) said that conservative estimates of the number of wealthy people in Ordos with over 100 million assets are less than 7000, and that the number of billionaires in Yulin is not below Ordos.


    "Now the oil producing areas make money, the oil refiner loses money, the coal mining area makes money, the power plant loses money."

    Zhang Baotong, director and researcher of Shaanxi provincial government counselor and Shaanxi regional Academy of social sciences development center, told the newspaper that with the rapid development of the world economy, the demand for resources will be bigger and bigger. "Resources are scarce, and the prices of resource products will definitely go up."


    Zhang Baotong said that the central and western provinces such as Inner Mongolia and Shaanxi can make use of the scarcity of resources to speed up economic development, for example, Ordos relies heavily on the money earned by the coal industry to develop the non coal industry.


    As for the coastal areas represented by the Pearl River Delta, with the increase of upstream raw material costs and other factors, we should slow down the pace of economic development and speed up the industry.

    Transformation and upgrading

    Already imminent.

    In this process, China's regional disparity will be narrowed gradually.

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