Guangdong's GDP Grew 6.3% Last Year, Governor Says
Dou Shicong
/SOURCE : yicai
Guangdong's GDP Grew 6.3% Last Year, Governor Says

(Yicai Global) Jan. 14 -- China's richest Guangdong province boosted its gross domestic product by 6.3 percent to more than CNY10.5 trillion (USD1.5 trillion) last year, according to the southern region's governor. That is within the central government's target range between 6 percent and 6.5 percent for the whole country.

Guangdong's fixed-asset investment widened 11 percent to nearly CNY4 trillion, Ma Xingrui wrote in a report released today. The province's retail sales increased 7.9 percent to CNY4.26 trillion. Its foreign trade volume fell 0.3 percent to CNY7.14 trillion.

The province boosted its GDP by 6.8 percent in 2018, while making up nearly 11 percent of China's entire economy. 

Editor: Emmi Laine 

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Keywords: Guangdong , GDP