On October 18th, China’s National Bureau of Statistics released economic data showing that the gross domestic product in the first three quarters was 82313.1 billion yuan (RMB, the same below), a year-on-year increase of 9.8% at comparable prices, and an average growth rate of 5.2% over the past two years.
At the forefront of the list are Guangdong and Jiangsu, who firmly occupy the first tier. In the first three quarters of 2021, Guangdong and Jiangsu’s GDP exceeded 8 trillion yuan, making them the first to enter the “8 trillion club”. Shandong, Zhejiang, and Henan have respectively crossed the 6 trillion yuan, 5 trillion yuan, and 4 trillion yuan mark for the first time. There are 15 provinces with a total GDP exceeding 2 trillion yuan.
Overall, the top ten provinces with GDP are Guangdong, Jiangsu, Shandong, Zhejiang, Henan, Sichuan, Fujian, Hubei, Hunan, and Anhui. This ranking has not changed much compared to the same period in 2020.