24 January 2011

China SignPost™ (洞察中国)#19–Dissecting China’s Economy: 15 Chinese provinces and municipalities could by themselves qualify as Top-50 global economies

Gabe Collins and Andrew Erickson, Dissecting China’s Economy: 15 Chinese provinces and municipalities could by themselves qualify as Top-50 global economies,” China SignPost™ (洞察中国), No. 19 (23 January 2011).

China SignPost洞察中国–“Clear, high-impact China analysis.”©

As China reports strong national GDP growth for 2010 (10.3%), we think it is interesting and worthwhile to see how the economic output of China’s provinces individually compares to those of national economies around the world in both aggregate and per capita terms. Our analysis uses nominal GDP data since the Chinese government, to the best of our awareness, does not publicly report purchasing power parity (PPP) adjusted data on the provincial level.

This note provides a portrait that takes readers beyond the oft-resorted to conception of China as a monolithic behemoth of economic activity. We think this portrait helps reflect the magnitude of economic activity in different regions of China. …