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China adds five new counties with GDP exceeding 100 billion yuan ($13.77 billion) in 2023, bringing the total to 59, according to data from market research firm CCID Consulting, ThePaper reported on Wednesday. |
The five county-level regions are Pinghu and Ninghai in Zhejiang province, Korla in Xinjiang Uygur autonomous region, Gongyi in Henan province and Fugu in Shaanxi province. |
The total GDP of these 59 counties reached 9.6 trillion yuan, contributing 7.6 percent to the national GDP, an increase of 0.4 percentage points from the previous year. |
Kunshan's GDP exceeded 500 billion yuan, ranking it at the top of the China's 100-billion-yuan counties, followed closely by Jiangyin with a GDP of 496.05 billion yuan. Both of them are located in Jiangsu province. |
These counties are vital in driving county-level economic growth, with their major enterprises generating over 13 trillion yuan in industrial output, accounting for over 10 percent of China's total. |
Specifically, five of these counties exceeded 500 billion yuan in industrial output from large-scale enterprises, and 22 counties surpassed 200 billion yuan. |
These counties have become a powerful support for promoting the country's new industrialization. CCID Consulting data show that in 2023, the industrial output of 48,000 large-scale enterprises in these counties accounted for over 10 percent of the national total. |
They are home to nearly 1,000 specialized and innovative "little giant" enterprises, over 32,000 national high-tech companies, and more than 45,000 authorized invention patents. |
As of 2023, there are 37 nationally recognized new industrialization demonstration bases located in these 100-billion-yuan GDP counties, representing 8.3 percent of the national total. |
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