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Under the leadership of Deng Xiaoping in 1979,
China began the long process of transformation
from a planned economy, where production decisions
were made by the state, to one where market mechanisms
would be the main driving force behind economic
decisions. Since then China has experienced unprecedented
growth with GDP rising on average by 9.5% per
year over that period.
- China's economic statistics
Source: Invest in China http://www.fdi.gov.cn/pub/FDI_EN/News/Focus/Subject/fdi/default.html
Overview of provinces / autonomous regions
There are totally 27 provinces / autonomous regions
in China (excluding Hong Kong and Macao), among
which 4 are autonomous regions, i.e., Inner Mongolia,
Ningxia, Tibet and Xinjiang.
Besides the 27 provinces / autonomous regions,
there are 4 municipalities in China: Beijing,
Tianjin, Shanghai and Chongqing (founded in 1997),
which are large cities with the same administrative
level as provinces.
These provinces/ autonomous regions / municipalities
are typically categorized into 6 regional areas
in provincial level:
1. Northern China: Beijing, Tianjin, Hebei, Shanxi,
Inner Mongolia
2. Northeast China: Liaoning, Jilin, Heilongjiang
3. Eastern China: Shanghai, Jiangsu, Zhejiang,
Anhui, Fujian, Jiangxi, Shandong
4. Central & Southern China: Henan, Hubei,
Hunan, Guangdong, Guangxi, Hainan
5. Southwest China: Chongqing, Sichuan, Guizhou,
Yunnan, Tibet
6. Northwest China: Shaanxi, Gansu, Qinghai, Ningxia,
Xinjiang
- Overview of major cities
The Chinese tiered city system is characterized
by the city economy scale and population size
with Shanghai topping the China's city population,
followed by Beijing and Guangzhou.
These three cities had been the key to the development
of the Chinese economy with Guangzhou being
the manufacturing hub for China as well as the
logistics hub for Hong Kong; Shanghai as China's
commercial and service hub and international
headquarters for many MNCs and Beijing gaining
in status as the political hub and sales center
for Tianjin which is close to the ports located
at the Bo Hai region.
International trade had been the core revenue
input to the Chinese economy and the sustainable
success of these 3 areas along with the growth
of the other tier 2 cities are key to maintaining
the current above average growth rate.
Most of tier 2 cities are provincial capital,
there are over 20 cities in this category.
Below is the chart of GDP by all major cities
in China for the year of 2007:
Below is the chart of GDP per capita by all
major cities in China for the year of 2007:
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