China’s Academy of Social Sciences (CASS) published its annual Economic Competitiveness Report of China’s Provinces and Regions (2008-2009). Li Jianping, editor of the blue paper said for the first time, CASS compares the overall GDP and per capita GDP of Chinese regions with 18 G20 members excluding China and the European Union (EU).
Guangdong province, China’s economic powerhouse neighboring Hong Kong, led Chinese regions in overall gross domestic product (GDP) in 2008, followed by Shandong, Jiangsu and Zhejiang provinces in east China.
Compared to the 18 G20 nations, Guangdong ranked 16th in terms of overall GDP, surpassing Saudi Arabia, Argentina and South Africa.
Shandong and Jiangsu surpassed Argentina and South Africa.
Zhejiang topped South Africa.
added that in terms of per capita GDP, Shanghai ranked 12th in comparison with the 18 G20 countries, better than Turkey, Mexico, Argentina, Brazil, South Africa, Indonesia and India. Tianjin ranked 15th and Beijing 16th.