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China's GDP by Province 2023

According to the latest data released by the National Bureau of Statistics, China's GDP grew 5.2 per cent year on year in 2023, higher than the annual target of 5 per cent set by the Chinese government. 

 

All the provinces, autonomous regions, and municipalities in Mainland China have released their GDP data for 2023, among them 17 provinces reported growth above the national rate of 5.2 per cent.  Guangdong, Jiangsu and Shandong are the top provinces by total GDP value in 2023. While in terms of GDP growth rate in 2023 the highest provinces were Tibet, Hainan, and Inner Mongolia.

 

With the reference to the provinces that registered the largest GDP in 2023, Guangdong, located in the southern part of China, remains the highest GDP among all Chinese provinces, reaching USD 1,909 billion, up by 4. 8 per cent year-on-year.

Jiangsu, also known as one of the country's major foreign trade hubs, has the second-highest GDP in the nation, reaching USD 1,804 billion, recording a 5.8 per cent growth in 2023.

Shandong, one of the country's major economic powerhouses, ranked third in 2023 with a GDP of USD 1,296 billion, up 6 per cent compared to the previous year.

 

With reference to the administrative division, Mainland China is divided into six macro-regions with different economic performances.

 

North China: Beijing (5.2 per cent), Hebei (5.5 per cent), Inner Mongolia (7.3 per cent), Shanxi (5 per cent), and Tianjin (4.3 per cent).

 

North-East China: Heilongjiang (2.6 per cent), Liaoning (5.3 per cent), and Jilin (6.3 per cent).

North-West China: Gansu (6.4 per cent), Ningxia (6.6 per cent), Qinghai (5.3 per cent), Shaanxi (4.3 per cent),  and Xinjiang (6.8 per cent).

 

Central-South China: Guangdong (4.8 per cent), Guangxi (4.1 per cent), Hainan (9.2 per cent), Henan (4.1 per cent), Hubei (6 per cent), Hunan (4.6 per cent), and Jiangxi (4.1 per cent).

 

South-West China: Chongqing (6.1 per cent), Guizhou (4.9 per cent), Sichuan (6 per cent), Tibet (9.5 per cent), and Yunnan (4.4 per cent).

 

East China: Anhui (5.8 per cent), Fujian (4.5 per cent), Jiangsu (5.8 per cent), Shandong (6 per cent), Shanghai (5 per cent), and Zhejiang (6 per cent).

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