BUSINESS Guangdong posts highest GDP in Q1

BUSINESS

Guangdong posts highest GDP in Q1

China Daily

02:31, May 25, 2019

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A total of 17 regions saw their GDP numbers exceed the "national line" of 6.4 percent in the first quarter. (Photo: IC)

Of China's 31 provinces, municipalities and autonomous regions that have released their GDP figures for the first quarter, South China's Guangdong province takes the top spot with 2.39 trillion yuan ($345.94 billion), The Paper reported.

Besides Guangdong, four other provinces exceeded the one trillion yuan mark: Jiangsu (2.29 trillion yuan), Shandong (2.02 trillion yuan), Zhejiang (1.31 trillion yuan), and Henan (1.16 trillion yuan).

A total of 13 regions witnessed their GDP top more than 700 billion yuan in the first quarter, among which seven came from the eastern region, four from central area and one from western.

China's GDP reached 21.34 trillion yuan in the first three months of 2019, up 6.4 percent year-on-year, according to data released by the National Bureau of Statistics.

Xinjiang is the last province to release its local GDP figures. During the first quarter, Xinjiang's GDP reached 217.77 billion yuan, up 5.3 percent year-on-year.

In terms of GDP growth rate, a total of 17 regions saw their GDP numbers exceed the "national line" of 6.4 percent. Among them five came from the eastern region and six each from central and western areas.

All the top three came from China's western area. Yunnan province posted the fastest growth rate of 9.7 percent year-on-year, followed by Guizhou (9.2 percent) and Tibet (9.1 percent).

The bottom three are Jilin province, Tianjin municipality and Heilongjiang province, Jilin province, with a growth rate of 2.4 percent, was the weakest performer.



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