An economic growth rate list of 26 provincial-level regions in China has been released. According to the list, Tibet Autonomous Region, Chongqing Municipality and Guizhou province, all in the western regions of the country, are the three best performers with 11.5, 10.7 and 10.5 percent growth rates respectively. The three regions also set GDP growth rate goals for 2017 of no less than 10 percent.
The list shows that the GDP growth rates in 23 provinces are higher than 6.7 percent, while Beijing and Shanghai stand right at 6.7 percent. Provinces in western regions are seeing relatively high growth rates and maintaining momentum as they catch up to their eastern counterparts. Yunnan province is also among the top 10.
Ningxia Hui Autonomous Region and Sichuan province slightly raised their goals for GDP growth rate based on the 2016 figures, with Ningxia increasing from 7.5 to 8 percent and Sichuan from 7 to 7.5 percent; most provinces are either maintaining or lowering economic goals for 2017.
Economic data for Shandong, Hainan and Jiangsu provinces will not be announced until February.