CHINA GDP growth rate in 16 provinces outpaces the country

CHINA

GDP growth rate in 16 provinces outpaces the country

By Zhang Jian | People's Daily app

19:51, August 15, 2018

China’s National Bureau of Statistics released the GDP data of 31 provinces in the first half of this year, which showed that the GDP growth rate of 16 provinces outpaced the country’s, media reported.

Shanghai Securities News reported that the data shows provinces with the fastest GDP growth are concentrated in the Yangtze River Economic Zone, the economies of northeast China continue to recover steadily, and the results of the coordinated development for the Beijing-Tianjin-Hebei Region are remarkable.

Of the 11 provinces and cities, the GDP growth rate in 10 provinces and cities is higher than the national average of 6.8%.

In the first half of the year, the GDP of economies in  northeast China grew by 4.7%, or 0.3% per cent  higher than the same period last year and the first quarter of this year.

The aggregate total GDP of Beijing, Tianjin and Hebei surpassed 4 trillion yuan, accounting for nearly one-tenth of the total national economy.

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