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Tianjin Ranks No. 1 by GDP Growth in China
Published on: 2011-07-27
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Tianjin, a municipality in eastern China, took the first place by GDP growth among 31 provinces and cities around the country, and it is likely to outrun Guangzhou to be No. 3 in terms of economic aggregate.

Tianjin recorded CNY 509.865 billion in gross product in the first half of the year, and the figure went up 16.6 percent year on year. Industrial value added fueled local economy to gain 9.5 percentage points, according to the National Bureau of Statistics Tianjin branch.

Generally Tianjin??s economic growth in the second half is faster than that in the first half. The city??s economy exceed CNY 500 billion in the first six months, and that is more likely to top CNY 1 trillion entire this year.

In addition, Guangdong Province, southeastern China, posted that it gained over CNY 2.34 trillion in GDP in the first half of the year, rising by 10.2 percent over the period of last year, and the growth rate was 1.2 percentage points higher than the average nationwide.

Tianjin, a municipality in eastern China, took the first place by GDP growth among 31 provinces and cities around the country, and it is likely to outrun Guangzhou to be No. 3 in terms of economic aggregate.

Tianjin recorded CNY 509.865 billion in gross product in the first half of the year, and the figure went up 16.6 percent year on year. Industrial value added fueled local economy to gain 9.5 percentage points, according to the National Bureau of Statistics Tianjin branch.

Generally Tianjin??s economic growth in the second half is faster than that in the first half. The city??s economy exceed CNY 500 billion in the first six months, and that is more likely to top CNY 1 trillion entire this year.

In addition, Guangdong Province, southeastern China, posted that it gained over CNY 2.34 trillion in GDP in the first half of the year, rising by 10.2 percent over the period of last year, and the growth rate was 1.2 percentage points higher than the average nationwide.

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