The economic and financial strength of Xinjiang Uygur Autonomous Region is at the national downstream level. Under the impact of the covid-19 pneumonia epidemic in 2020, the GDP growth rate has decreased, but the impact of the epidemic is limited as a whole. The annual economic growth rate is higher than the national average, and the financial operation situation is stable; In the first three quarters of 2021, Xinjiang Uygur Autonomous Region continued to coordinate epidemic prevention and control and economic and social development, and its economic development showed a steady, consolidated and continuous trend of improvement. The regional risk database of China integrity international systematically combs the economic and financial situation of Xinjiang Uygur Autonomous Region and its 14 prefectures and cities in combination with the data disclosed in 2020 and the first three quarters of 2021.
1、 Xinjiang’s economic and financial strength is weak, and its GDP growth rate is higher than the national average
Xinjiang’s economic volume is at the national downstream level. Affected by the epidemic, the GDP growth rate has decreased, but it is still higher than the national average. In 2020, the total GDP will reach 1379.758 billion yuan, ranking 24th in China, the same as that in 2019, and the economic scale is small; At constant prices, the GDP growth rate was 3.4%, 1.1 percentage points higher than the national average GDP growth rate, ranking 18th in China. Affected by the epidemic, the GDP growth rate decreased by 2.8 percentage points compared with the previous year, ranking 20th in China. By quarter, the GDP growth rate of Xinjiang Uygur Autonomous Region in the first quarter, the first half of the year, the first three quarters and the whole year was – 0.2%, 3.3%, 2.2% and 3.49% respectively. The overall economy operated well. By industry, the added value of the primary industry was RMB 1981.28 billion, an increase of 4.3% 6; The added value of the secondary industry was 474445.5 yuan, an increase of 7.8%; The added value of the tertiary industry was 707.185 billion yuan, an increase of 0.2%. The tertiary industrial structure was adjusted from 13.1:35.3:51.6 of the previous year to 14.4:34.4:51.2. Compared with 2019, the proportion of the secondary and tertiary industries decreased slightly, or because many local epidemics had a great impact on the manufacturing and service industries during the year. Specifically, the transportation, warehousing and postal industries decreased by 13.8% and the accommodation and catering industry decreased significantly by 21.6% compared with the previous year.
