Top 10 richest provincial regions in China 2011

By Zhang Junmian
0 Comment(s)Print E-mail China.org.cn, March 16, 2012
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China's gross domestic product (GDP) per capita rose from 29,992 yuan (US$4,430) in 2010 to about 35,000 yuan (US$5,419) in 2011, a 16.7 percent increase, according to the annual economic reports released by the National Bureau of Statistics (NBS) and the local governments.

Of the 31 provincial regions on the Chinese mainland, 24 had their GDP per capita exceed US$4,000, reaching the level of upper middle- income countries (US$3,976-US$12,275 in GNI per capita) as defined by the World Bank. The top 10 regions, as well as Jilin, had their GDP per capita surpass the national average.

Most notably, the three municipalities-Tianjin, Shanghai and Beijing reported a GDP per capita of about or more than 80,000 yuan (US$12,386), reaching the level of high-income countries (above US$12,276 in GNI per capita).

Those that registered a GDP per capita of less than US$4,000 include Jiangxi (25,811 yuan, or US$3,996), Guangxi (25,219 yuan, or US$3,905), Anhui (25,319 yuan, or US$3,920), Tibet (20,194 yuan, or US$3,127), Gansu (19,624 yuan, or US$3,038), Yunnan (18,957 yuan, or US$2,935) and Guizhou (16,437 yuan, or US$2,545).

Despite the complicated global economic environment, China has maintained a stable economic growth, with its gross domestic product (GDP) hitting 47.16 trillion yuan (US$7.3 trillion) in 2011, 9.2 percent higher than that of 2010 at comparable prices. 

Also read:  Top 10 largest regional economies in China 2011

                   Top 15 competitive regional economies in China 2011

                   Top 10 provincial regions with highest GDP quality

                   Top 8 economic rims in China

Note:

1. Calculations of the GDP per capita in 2011 is based on the provincial region's permanent population by the end of 2011 released by local governments.

2. The RMB and U.S. dollar exchange rate in 2010 and 2011 was based on the annual average central parity rate 6.7695 and 6.4588, respectively.

China.org.cn has compiled the top ten provincial regions with the highest GDP per capita in China in 2011:

 

   Fujian 福建

 

Fujian, one of the 'Top 10 richest provincial regions in China 2011' by China.org.cn.

Fujian [nipic.com] 

 GDP per capita: 46,802 yuan (US$7,246)

Rank 2011: 10

Rank 2010: 10

GDP: 1.74 trillion yuan (US$269.4 billion)

Permanent population: 37.2 million

Fujian Province's GDP per capita rose from 40,025 yuan (US$5,913) in 2010 to 46,802 yuan (US$7,246) in 2011. According to the Economist Magazine, Fujian's GDP per capita in 2010 was close to that of Cuba (at purchasing-power parity).

Fujian's GDP in 2011 was 1.74 trillion yuan (US$269.4 billion), ranking the 12th in the country, a 12.2 percent increase at comparable prices. In 2011, the province posted 24,907 yuan (US$3,856) in per capita disposable income of urban households and 8,779 yuan (US$1,359) in per capita net income of rural households, an increase of 14.4 percent and 18.2 percent respectively. Its GDP in 2011 was close to that of Colombia in 2010 at US$288.19 billion, which was ranked the 33rd in the world by the World Bank.

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