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Guangzhou is the main manufacturing hub of the Pearl River Delta, one of mainland China's leading commercial and manufacturing regions. In 2021, its GDP reached ¥2,823 billion (US$444.37 billion in nominal), making it the 2nd largest economy in the South-Central China region after Shenzhen. [138]
The economy of Guangdong is one of the most prosperous in China. Guangdong is located in southern China , bordering on Fujian Province to the east, Hunan Province to the north, Guangxi Autonomous Region to the west and the special administrative regions of Hong Kong and Macau to the south.
List of top municipalities and prefecture-level divisions by GDP [1]; Nominal GDP is based on the official annual average exchange rate at CN¥ 6.7366 per US dollar in 2022; [2]
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Hong Kong has the second highest GDP per capita in China (US$53,606). Karamay in Xinjiang has the third highest GDP per capita in China (US$26,223).. According to the administrative divisions of China, there are three level of cities: municipalities, prefecture-level cities, and county-level cities.
The 2008-20 plan, released by China's National Development and Reform Commission, was supposed to be designed to boost the pan-Pearl River Delta as a "center of advanced manufacturing and modern service industries", and as a "center for international shipping, logistics, trade, conferences and exhibitions and tourism".
Guangdong [a] is a coastal province in South China, on the north shore of the South China Sea. [7] The provincial capital is Guangzhou.With a population of 126.84 million (as of 2021) [8] across a total area of about 179,800 km 2 (69,400 sq mi), [1] Guangdong is China's most populous province and its 15th-largest by area, as well as the third-most populous country subdivision in the world.
The China (Guangdong) Pilot Free Trade Zone (the Guangdong FTZ) was approved by the State Council in December 2014 and started operation in April 2015. The Zone has an area of 116.2 km 2 and is composed of three areas, the Nansha New Zone in Guangzhou (60 km 2), the Qianhai & Shekou Area in Shenzhen (28.2 km 2), and Hengqin New Zone in Zhuhai ...