BUSINESS Guangdong, Shanghai among top in provincial competitiveness


Guangdong, Shanghai among top in provincial competitiveness

By Yu Kaili | People's Daily app

19:31, April 12, 2019

Guangdong, Jiangsu and Shanghai are the three most economically competitive provincial administrative divisions in 2017, according to the latest report.


Canton Tower lit up at night in Guangzhou. (Photo: AP)

The Report on China's Provincial Economic Competitiveness Development (2017-2018), jointly released by Fujian Normal University and the Social Sciences Academic Press on Thursday, ranked 31 provincial-level administrative regions in the Chinese mainland in terms of their overall economic competitiveness from 2016 to 2017.

The comprehensive competitiveness index system of the provincial economy not only includes GDP, but also takes macroeconomic, sustainable development, overall planning and coordination into account.

From the rise and fall of each province's comprehensive competitiveness score in 2016-2017, the report said that 23 of the country's 31 provinces, municipalities and districts shows an upward trend, among which Guangdong, Jiangsu, Shanghai rank in the top three.

The report said the overall economic competitiveness performances of provinces and cities are stable, revealing a positive trend in high-quality development.

At the same time, the gap between the comprehensive economic competitiveness of the western region and the eastern region has narrowed.

The report also said that considering the comprehensive competitiveness of regional economy, various sectors of the economy are imbalanced, and high-quality development entails greater coordination of the comprehensive competitiveness of the four major regional economies.

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