In recent years, the pulling effect of consumption on the economy has become increasingly prominent. So, which cities have a large total consumption?
After combing and counting the total retail sales of social consumer goods in major cities in China in 2021 (hereinafter referred to as “total social consumption”), the first ten cities in total social consumption last year were Shanghai, Beijing, Chongqing, Guangzhou, Shenzhen, Chengdu, Suzhou, Nanjing, Wuhan and Hangzhou. Among them, the total social consumption of the first four cities exceeded trillion yuan, one more than that of the previous year. In terms of growth rate, Chongqing is the leading city directly under the central government.
Guangzhou joined, and the number of trillion consumption Club cities increased to 4
According to the data, in 2021, the total social consumption of four cities exceeded the trillion yuan mark, namely Shanghai, Beijing and Chongqing, as well as Guangzhou, a sub provincial city.
Among them, the total amount of social consumption in Shanghai continues to rank first in China. According to the data of Shanghai Municipal Bureau of statistics, the total social consumption of the city in 2021 was 1807.925 billion yuan, an increase of 13.5% over the previous year and an average increase of 6.8% in the two years. From the perspective of main commodity categories, the growth of basic living consumption was good, and the retail sales of daily necessities increased by 24.7% year-on-year; The upgrading consumer demand continued to release, and the retail sales of cultural office supplies, gold, silver and jewelry and cosmetics increased by 40.1%, 30.3% and 15.7% respectively year-on-year.
On September 18 last year, the official website of the Shanghai municipal government released the implementation plan for Shanghai to build an international consumption center city, focusing on “international”, focusing on “consumption”, highlighting the “center”, focusing on 7 aspects and putting forward 28 specific tasks, so as to take the lead in building an international consumption center city with global influence, competitiveness and reputation by the end of the 14th five year plan.
After Shanghai, Beijing achieved a total social consumption of 1486.77 billion yuan in 2021, ranking second, with a year-on-year increase of 8.4% and an average decrease of 0.7% in two years. Among the total social consumption, according to consumption patterns, retail sales of goods amounted to 1373.31 billion yuan, an increase of 7.1% over the previous year; Catering revenue was 113.46 billion yuan, an increase of 27.5%.
Chongqing, a municipality directly under the central government from the west, ranked third. In 2021, Chongqing achieved a total social consumption of 1396.767 billion yuan, an increase of 18.5% over the previous year and an average increase of 9.6% in the two years. Whether it is the year-on-year growth rate or the average growth rate in two years, Chongqing leads among the top ten cities, which also reflects the rapid growth of Chongqing’s consumer market.
Peng Peng, vice president of the Guangdong Institute of structural reform in his hometown of Chongqing, analyzed the first finance and economics. Chongqing has a population of more than 30 million and is still in the process of rapid industrialization and urbanization. The main urban area of Chongqing is more attractive to the surrounding areas. A large number of people in the surrounding areas enter the main urban area, and the scale of the central area is becoming larger and larger.
According to the data of the seventh national census, compared with the sixth national census in 2010, the proportion of permanent residents in the main urban areas of Chongqing increased by 4.73 percentage points, of which the proportion of permanent residents in the central urban areas increased by 6.42 percentage points and the proportion of permanent residents in the new urban areas decreased by 1.69 percentage points; The proportion of permanent residents in the urban agglomeration of the Three Gorges Reservoir Area in Northeast Chongqing decreased by 3.84 percentage points; The proportion of permanent residents in the urban agglomeration of Wuling Mountain Area in Southeast Chongqing decreased by 0.89 percentage points.
Peng Peng said that many enterprises see the advantages of population, resources and land around the main urban area of Chongqing. When they go to the local layout, industrial agglomeration also promotes population agglomeration. In the process of urbanization, especially the concentration of population to the central urban area, people’s consumption will also increase rapidly. In addition, Chongqing has a strong consumption culture, so the consumption growth rate is also relatively fast.
Last year, four cities ranked among the trillion yuan consumption cities, one more than the previous year, and the first tier city Guangzhou was among them. As the commercial center of South China, Guangzhou has the best professional wholesale market in China. At the same time, as the capital of Guangdong, the largest economic province, Guangzhou has also attracted many people from surrounding areas to consume.
Peng Peng said that Guangzhou has a strong consumer culture. As a millennium business capital, Guangzhou has a variety of wholesale markets and many consumer choices. At the same time, Guangzhou has a strong food culture. The “eat in Guangzhou” deserves its reputation. You can eat late at night.
Mr. Xu, who often went to Guangzhou on business last year, often dried Guangzhou cuisine in his circle of friends. He told China business that not only Guangdong cuisine, but also various cuisines in Guangzhou are delicious and “fat”.
After Guangzhou, there are three cities with a total social consumption of 900 billion yuan, namely Shenzhen, Chengdu and Suzhou. Among them, the total social consumption of Shenzhen, a first tier city, was 949.812 billion yuan in 2021, gradually approaching the trillion yuan mark, and is expected to enter the ranks of trillion yuan consumer cities in 2022.
In addition, the three sub provincial cities of Nanjing, Wuhan and Hangzhou rank eight to ten respectively
Table: data of top ten consumption cities (compiled by China first finance and economics according to the data of local statistical bureaus)
central cities lead consumption upgrading
Among the top ten consumer cities in 2021, Shanghai, Beijing and Chongqing are municipalities directly under the central government, Guangzhou, Shenzhen, Chengdu, Nanjing, Wuhan and Hangzhou are sub provincial cities, and only Suzhou, which ranks seventh, is an ordinary prefecture level city. From the location of the top ten consumption center cities, seven are from the eastern coastal areas, including four from the Yangtze River Delta, two from the Pearl River Delta and one from the Beijing Tianjin Hebei Urban Agglomeration. Three are from the central and western regions, including Chongqing, Chengdu and Wuhan.
Generally speaking, cities with large total consumption tend to be large cities with large economic aggregate and large population. These cities have large total consumption from local sources and strong consumption power.
On the other hand, many consumption center cities not only attract local purchasing power, but also attract a large number of consumption from surrounding areas. Especially with the construction of high-speed railway, intercity rail and urban rail transit, more and more purchasing power of surrounding areas flows to central cities and central urban areas. Peng Peng said that the construction of rail transit will bring benefits to the consumption of central cities. For example, a strong provincial capital has a strong consumption attraction to surrounding cities.
Niu Fengrui, a researcher at the urban development and environment research center of the Chinese Academy of Social Sciences, told first finance that after the traffic is developed, the flow of people, logistics, information and capital will be unblocked. The convenient transportation network further enhances the radiation driving and leading role of the central city, and also enables the central city to further attract agglomeration factors.
In recent years, China has made efforts to build an international consumption center city and give full play to the leading role of consumption center cities. As early as October 2019, the Ministry of Commerce and other 14 departments jointly issued the guiding opinions on cultivating and building international consumption center cities, which proposed that it would take about five years to guide cities with good basic conditions, great consumption potential, high internationalization level and strong local will to carry out cultivation and construction, and basically form a number of cities based on China and radiating the surrounding areas A comprehensive international consumption center city with global influence and attraction facing the world will drive the formation of a number of specialized, characteristic and regional international consumption center cities, making them a new carrier and engine to expand and lead consumption, promote the upgrading of industrial structure and stimulate economic growth.
On July 19, 2021, the Ministry of Commerce announced the latest progress in the construction of international consumption center cities. With the approval of the State Council, it took the lead in cultivating and building international consumption center cities in Shanghai, Beijing, Guangzhou, Tianjin and Chongqing.
To play a leading role, on the one hand, we should strengthen the central consciousness, or radiation consciousness. On the other hand, consumption center cities should lead the consumption trend and make every effort to build a new highland of consumption upgrading. Niu Fengrui said that a great purpose of building a consumption center is to give play to the central role of consumption leading, including the application of consumption fashion, high and new technology, new technology and new products. For example, the listing of new scientific and technological products is often first promoted in central cities and nearby, becoming an industry.
Niu Fengrui said that the consumption of large commodities, major scientific and technological innovation products and consumption fashion are mainly led by consumption central cities. In addition, some large-scale cultural performances and sports competitions also have more markets in central cities. Overall, the consumption center plays a very important leading role.
