Top 10 largest provincial economies in China 2014
- By Zhang Junmian
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E-mail China.org.cn, March 12, 2015
The gross domestic product (GDP) of the top 10 provincial regions on the Chinese mainland in 2014 hit 40.83 trillion yuan (US$6.53 trillion), accounting for about 64.1 percent of the national total, according to the annual economic reports released by the National Bureau of Statistics (NBS) and the local governments.
China's GDP hit 63.65 trillion yuan (US$10.27 trillion) in 2014, 7.4 percent higher than that of 2013.
Guangdong, Jiangsu and Shandong cemented their spots as China's economic leaders for the sixth consecutive year, with Guangdong topping the GDP rankings with 6.78 trillion yuan (US$1.09 trillion), a 7.8 percent increase over 2013.
Guangdong and Jiangsu are the only two provinces in China to exceed 6 trillion yuan (US$967.74 billion).
A total of 24 out of the 31 provincial regions on the Chinese mainland saw their GDP exceed 1 trillion yuan (US$161.29 billion) in 2014.
Fujian ranked 11th in 2014 with 2.41 trillion yuan (US$388.71 billion), followed by Shanghai at 2.36 trillion yuan (US$380.65 billion) and Beijing at 2.13 trillion yuan (US$343.55 billion).
Only five provinces registered double-digit growth in 2014, with Chongqing, Guizhou and Tibet posted the highest growth rates of any region at 10.9 percent, 10.8 percent and 10.8 percent, respectively.
The provinces or regions that posted the lowest GDP include Tibet at 92.08 billion yuan (US$14.85 billion), Qinghai at 230.11 billion yuan (US$37.11 billion) and Ningxia at 275.21 billion yuan (US$44.39 billion).
China surpassed Japan as the world's second largest economy in 2010.
The following are the ten largest provincial economies on the Chinese mainland in 2014:
Hunan Province
Rank in 2014:10
Rank in 2013:10
GDP:2.7 trillion yuan (US$435.48 billion);Growth rate:9.5 percent
Permanent population by the end of 2014:N/A
Per capita disposable income of urban households:26,570 yuan (US$4,285), up 9.1 percent
Per capita net income of rural households:10,060 yuan (US$1,623), up 11.4 percent
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