The economic data for China's provincial economies in the first three quarters of 2013 have recently been disclosed. Tianjin and Guizhou lead the rankings with the fastest GDP (gross domestic product) growth rates.
The National Bureau of Statistics has announced that the total GDP of the 31 provincial economies (excluding Hong Kong, Taiwan and Macao) reaches 43.9533 trillion yuan (US$7.2144 trillion). It is remarkable that these data come to 5.2771 trillion yuan (US$866.29 billion yuan) more than the national GDP. Repeated measurements and statistic errors are mainly to blame for the data inconsistency.
Tianjin and Guizhou Province proved the fastest movers during the aforementioned period. They tied for first place with a growth rate of 12.6 percent, followed by Chongqing with a growth rate of 12.4 percent.
Beijing and Shanghai are at the bottom of the scoreboard, with a growth rate of only 7.7 percent. With the exception of these two, other provincial economies on the Chinese mainland all achieved growth rates higher than the 7.7 percent national rate.
The total GDP of Guangdong Province hit 4447.15 billion yuan (US$729.96 billion), ranking first nationwide, followed by Jiangsu and Shandong provinces.
Following are the top 10 fastest-growing provincial economies on the Chinese mainland for the first three quarters of 2013.
Anhui Province(安徽?。?/strong>
Anhui Province [File photo] |
GDP: 1,361.39 billion yuan (US$223.49 billion)
Growth rate: 10.7 percent