So, what's fueling Guangzhou's GDP growth?2023年,广州全年地区生产总值预计突破3万亿元。对广州来说,这是一个里程碑。3万亿元意味着什么?意味着广州一座城市的GDP,已经超出全球大多数经济体。而且广州每迈上一个万亿元台阶所用的时间均在缩短。那么,广州的GDP增长靠哪些力量拉动?一起来看本期Y Talk。统筹|蒋铮策划、文...
What Drives Growth REAL ECONOMIC GROWTHis driven by increasing the number of workers and by raising their productivity. The latter is the reason innovation is so important. If productivity rises, we increase GDP per capita, which means the standard of living for the average American ought to ris...
It explains that HPP consumer spending is not well correlated with global population growth. The authors found out that a nonlinear correlation between HPP per capita and gross domestic product (GDP) per capita is the ideal way to project sales growth. It predicts that fewer people will be ...
"The low-altitude economy is a new growth driver, and it will be an important engine to push the high-speed development of China's economy," Cheng Bolin, vice-president of the low-altitude unit at the China Information Association, said at an industry conference last month.Innovation is wh...
The rise of the Global South can be attributed to several factors, with its growing economic influence standing at the forefront. Despite a sluggish global economic recovery, the Global South nations have secured a steady economic growth and shown remarkable resilience. ...
drives the emergence of new technologies represented by AI, and generates relevant new occupations, which gives rise to the constant emergence of new talents, while reforming enterprises’ employment models and staffing structures. Thes...
drives the emergence of new technologies represented by AI, and generates relevant new occupations, which gives rise to the constant emergence of new talents, while reforming enterprises' employment models and staffing structures. These will serve as an "intelligent" growth driver forChinato pursue ...
(GDP) of Guangdong in 2023 reached 13,567.316 billion yuan, representing a year-on-year growth of 4.8%, according to the Guangdong Provincial Bureau of Statistics' latest data. With this achievement, Guangdong becomes the first province in China to officially announce a GDP exceeding 13 trillion...
We find that about 40 percent of EPU movements can be explained by long- and short-run movements in these determinants, which is consistent with limited evidence that de-trended movements in EPU may contain marginal information about GDP growth and other macro variables....
The slowdown in the growth rate of GDP, the deterioration of labour productivity, TFP and investments are all common features. This negative performance—both from an historical and international perspective— took place in conjunction with a more generalized slowdown in global labour pro- ductivity ...