Move over megacities – China’s county-level economies are flexing serious financial muscle! Kunshan, a county in Jiangsu Province, just smashed records with a GDP exceeding 500 billion yuan ($70 billion) in 2023 – bigger than some countries’ economies.
This isn’t a one-county wonder. Jiangyin County trailed close behind at 496.05 billion yuan, while Zhangjiagang and Jinjiang rounded out China’s economic MVP list. Jiangsu Province alone claims three of the top five spots, proving regional development strategies are paying off big time.
Why should global youth care? County growth fuels everything from tech innovation to sustainable infrastructure across China. For entrepreneurs and investors eyeing Asia, these regions offer new opportunities beyond Shanghai and Beijing.
Students studying global economics, take note: this trend reshapes how we measure national economic health!
With county economies growing faster than K-pop fandoms (we see you, BTS ARMY), this growth wave could redefine 21st-century urban-rural dynamics. →
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Graphics: High-quality development of China's county economy
cgtn.com