Story perspectives
Jiangsu Surges as Guangdong Reassesses Growth Strategy
1/31/2026
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Story summary
- Jiangsu province shows stronger growth.
- Guangdong remains the largest provincial economy.
- In 2025, Jiangsu's GDP reached 14.23 trillion yuan, and Guangdong's was 14.58 trillion yuan.
- Guangdong has set a 2026 growth target of 4.5% to 5%, down from last year's 5% target, due to ongoing struggles in the property market and other internal issues.
- The shift reflects broader Chinese economic challenges as Guangdong recalibrates amid rising competition from Jiangsu.
