Off the wire
Xinhua China news advisory -- June 3  • Garden festival kicks off in Ireland, attracts residents, visitors  • Venezuela sends aid to Cuba after tropical storm Alberto  • Venezuela prepares list of political opponents to be freed from jail  • JSE edges weaker as firmer South African rand pulls down mines  • JSE closes lower as U.S. dollar continues to gain  • JSE closes higher buoyed by banks and general retailers  • Microsoft eyes establishing software start-up in Turkey  • Chinese mainland claims 6 of world's top 100 universities in latest THE rankings  • U.S.-EU trade war could "devastate" Irish whiskey industry: IWA  
You are here:   News/

Guangdong leads China in aggregate financing

Xinhua,February 03, 2019 Adjust font size:

<span style="font-family: arial, helvetica, sans-serif; font-size: 14px;">Guangdong leads China in aggregate financing - Xinhua | English.news.cn</span>

Guangdong, Zhejiang and Beijing were the top three regions in terms of aggregate financing to the real economy in 2018, the central bank said on Saturday.

South China's Guangdong province saw its aggregate financing stood at 2.25 trillion yuan (335.82 billion U.S. dollars) last year, ranking first among the country's provincial-level regions,according to a table posted on the website of the People's Bank of China.

The figures for eastern China's Zhejiang province and Beijing hit 1.95 trillion yuan and 1.78 trillion yuan, respectively.

The numbers show that Guangdong, Zhejiang and Beijing were among the most economically vibrant regions in China despite a cooling economy.

China's gross domestic product grew 6.6 percent year on year in 2018, the slowest pace in 28 years.