As of April 25th, the "first quarter reports" of 31 provinces have been released, and 21 provinces have outperformed or reached the national level in terms of growth rate. Since the beginning of this year, various regions have implemented policies to reduce inventory and implement a package of incremental policies, accelerated the layout of new quality productive forces, and the main indicators of production demand have steadily increased, achieving a smooth start to economic operation. In the first quarter, the total economic output of Guangdong and Jiangsu provinces both exceeded 3.3 trillion yuan. Guangdong Province achieved a regional gross domestic product of 3352.551 billion yuan, continuing to rank first in the country. The gross domestic product of Jiangsu Province is 3308.86 billion yuan, further narrowing the gap with Guangdong. The total economic output of Shandong and Zhejiang is in the "2 trillion yuan" tier, with regional GDP of 2346.6 billion yuan and 2230 billion yuan respectively. The total economic output of Sichuan, Henan, Hubei, Fujian, Shanghai, and Hunan ranks fifth to tenth respectively. In the first quarter, the total economic output of the top ten provinces with GDP reached 19.5 trillion yuan, accounting for more than 60% of the national economy. Since the beginning of this year, facing a severe and complex external environment, major foreign trade provinces and cities have shouldered heavy responsibilities, leveraged their respective advantages, and demonstrated strong support and driving effects. Wang Lingjun, Deputy Director General of the General Administration of Customs, introduced that in the first quarter, the total import and export of Guangdong, Jiangsu, Zhejiang, Shanghai, Beijing, Shandong, and Fujian reached 7.78 trillion yuan, showing a continuous growth trend, accounting for three-quarters of China's total import and export value, and playing a solid role in lifting the beam. In terms of economic growth rate, in the first quarter, 21 provinces outperformed or remained at the national level. Xizang led the way with a growth rate of 7.9%, 2.5 percentage points higher than the national average. Hubei's year-on-year growth rate reached 6.3%, not only setting the highest growth rate in nearly 12 quarters, but also maintaining a growth trend higher than the national average for the ninth consecutive quarter. Anhui and Gansu both have a growth rate of 6.2%, Shandong, Zhejiang, and Ningxia have a growth rate of 6.0%, Jiangsu and Henan have a growth rate of 5.9%, Guangxi and Tianjin have a growth rate of 5.8%, Fujian, Hebei, and Jiangxi have a growth rate of 5.7%, Shaanxi and Xinjiang have a growth rate of 5.6%, and Sichuan, Beijing, and Jilin have a growth rate of 5.5%. Hunan and Inner Mongolia saw a year-on-year growth of 5.4%, which is on par with the national level. Among the top ten provinces in terms of total economic output, 8 provinces have GDP growth rates exceeding or reaching the national average. Guangdong's year-on-year growth in the first quarter was 4.1%, which was lower than its annual expected target, but increased by 0.6 percentage points compared to the whole of last year. Liu Xiangdong, Deputy Director of the Research and Information Department of the China International Economic Exchange Center, stated that with the continued strengthening and effectiveness of various macro policies, major economic provinces achieved a "good start" in the first quarter, with sufficient development quality. With technological innovation leading the steady development of new quality productive forces, it has accelerated the transformation of old and new driving forces, and effectively supported the national economy to maintain a positive momentum of recovery. Stable production demand and rising industry are the "ballast stones" for economic development. In the first quarter, the added value of industrial enterprises above designated size in all 31 provinces achieved positive growth, with growth rates exceeding 8% in major industrial provinces such as Zhejiang, Fujian, Jiangsu, and Shandong. Profits of industrial enterprises above designated size in major industrial provinces such as Hubei and Henan achieved double-digit growth. Since the beginning of this year, various regions have accelerated the layout of new quality productive forces according to local conditions, accelerated the deep integration of scientific and technological innovation and industrial innovation, promoted the transformation and upgrading of traditional industries, the cultivation and growth of emerging industries, and the planning and layout of future industries. The growth of the new energy industry is good. In the first quarter, the added value of advanced manufacturing and high-tech manufacturing in Guangdong Province increased by 5.9% and 5.3% respectively year-on-year, accounting for 55.3% and 32.4% of the province's total industrial output, respectively. As of the end of the first quarter, the core industry scale of artificial intelligence in Guangdong Province exceeded 220 billion yuan. The added value of equipment manufacturing industry in Jiangsu Province increased by 11.2% year-on-year, contributing 71.3% to the growth of added value of industrial enterprises above designated size. The total output value of Shanghai's three leading industries, integrated circuits, biomedicine, and artificial intelligence, increased by 7.2% year-on-year, which is 3.7 percentage points faster than the total output value of the city's large-scale industries. New products are growing rapidly. In the first quarter, the production of civilian drones, industrial robots, service robots, integrated circuits and other products in Zhejiang Province experienced explosive growth, with increases of 58.7%, 54.1%, 33.9% and 26.2% respectively. The production of new energy vehicles, photovoltaic cells, and lithium-ion power batteries for automobiles in Sichuan Province increased by 2.9 times, 2.3 times, and 19.6% respectively. This year's Government Work Report proposes to vigorously boost consumption, improve investment efficiency, and comprehensively expand domestic demand. Since the beginning of this year, various regions and departments have strengthened the implementation of the "dual" and "two new" policies to promote the release of domestic demand potential. The trade in policy effectively stimulates consumer vitality. In the first quarter, the bulk consumption of automobiles, household appliances, home decoration and home furnishings in Jiangsu Province exceeded 58.4 billion yuan, while the retail sales of new energy vehicles, household appliances, and communication equipment in Gansu Province increased by 49.5%, 98.9%, and 47% respectively. Quality oriented consumption has shown strong growth, with retail sales of upgraded goods such as sports and entertainment products, gold and silver jewelry, and wearable smart devices in Zhejiang Province increasing by 19.9%, 27.6%, and 72.1% respectively in the first quarter, all significantly higher than the growth rate of retail sales of goods above designated size. Chu Yingying, the chief statistician of Zhejiang Provincial Bureau of Statistics, believes that with the continuous increase of policy support, the new consumption field will continue to expand, the consumption supply will continue to optimize, and the consumption potential will be further released. The significant driving effect of major projects is evident. In the first quarter, investment in projects worth 100 million yuan or more in Henan Province increased by 7.6%, contributing 90.9% to the province's investment growth. Yunnan Province has made great efforts to plan and reserve projects, attract investment and implement construction, stimulate the vitality of private investment, and accelerate the construction of major projects. In the first quarter, fixed assets investment increased by 2.5% year-on-year, 10.2 percentage points faster than last year. Investment in emerging fields is growing rapidly. In the first quarter, investment in high-tech industries in Beijing increased by 88.9%. The investment in aviation, spacecraft and equipment manufacturing, and electronic and communication equipment manufacturing in Liaoning Province's high-tech manufacturing industry has grown rapidly, increasing by 2.4 times and 32.7% respectively. Solidly carry out the work for the second quarter. Currently, the external environment is becoming more severe and complex, and the foundation for China's sustained economic recovery and improvement still needs to be consolidated. Recently, several provinces have held meetings to analyze the economic situation in the first quarter and study and deploy the next steps of economic work. From the trend of major economic provinces, it reflects the characteristics of targeted and centralized measures in response to changes in the situation. For example, Guangdong Province has proposed to firmly shoulder the political responsibility of being an economic powerhouse and focus more energy on promoting high-quality development. To focus on the prominent problems facing the current economic operation and implement targeted policies, more incentive policies should be introduced as early as possible and quickly as possible, taking the initiative to help enterprises solve problems and effectively respond to external uncertainties with the certainty of their own development. Zhejiang Province has proposed to make every effort to stabilize foreign trade, play a combination of "stability, expansion, and optimization" according to the time, situation, and local conditions, and accelerate policy implementation and reserves. Make full use of national policies such as the "two new" policy, resolutely implement the special action to boost consumption, ensure that relevant policies are implemented as soon as possible, create a good consumption environment, and promote the upgrading of consumption quality. We will spare no effort to expand effective investment, accelerate the construction progress of major projects, vigorously promote investment in the manufacturing industry, increase investment attraction and local enterprises' capital and production expansion, promote the stabilization of the real estate market, continuously optimize the investment structure, and improve investment efficiency. Hubei Province proposes to adhere to the principle of "stabilizing growth through both supply and demand", making every effort to "stabilize demand" on one hand, boosting consumption with greater force, continuously expanding effective investment, and striving to stabilize the basic structure of foreign trade; To effectively optimize supply, we need to guide enterprises to vigorously carry out product technology innovation, business model innovation, and management innovation, reconstruct the quality and efficiency of enterprise participation in domestic and international market supply, and vigorously promote the transformation of government functions, management innovation, and service reform, focusing on optimizing the supply of public goods and services. Sichuan Province has proposed to promote the sustained growth of industry, adopt multiple measures to stabilize the growth momentum of industries with a large proportion and fast growth rate, promote industrial projects to achieve production and efficiency as soon as possible, and encourage more enterprises to upgrade their standards and quality. Strengthen precise support for different types of foreign trade enterprises, help explore emerging markets, and promote integrated development of domestic and foreign trade. The 'One Industry, One Policy' policy supports industries such as artificial intelligence, green hydrogen, commercial aerospace, and atomic manufacturing, accelerating the cultivation and development of new quality productivity. Liu Xiangdong believes that in the face of increasing external uncertainty, in the second quarter, we should make good use of a more proactive fiscal policy and a moderately loose monetary policy, focus on stabilizing employment, enterprises, markets, and expectations, and continue to play a solid role as the economic powerhouse in consumption, investment, and foreign trade. We should respond to the rapid changes in the external environment with the certainty of high-quality development. (New Society)