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Guangdong Province: Economic News and Statistics for Guangdong's Economy

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Its annual Canton Fair is the largest trade fair in China.&nbsp; It's largely private manufacturing base is one of the main engines which has made Guangdong's economy so dynamic helping the economy be China's least dependent on fixed asset investment which accounted for only 30% in 2009 in comparison to a nationwide average close to 60%.&nbsp; <br/><br/>Guangdong has also led the way in moving up the manufacturing value chain from light industry production of textiles, toys and shoes to high end manufacturing of things like IT products and power equipment. Even as strong as Guangdong's manufacturing economy is Guangdong's local government expects the service industry to account for over 50% of GDP by 2015 and high tech manufacturing another 20%. It should be noted that there is an over concentration of wealth in the pearl river delta cities of Guangzhou, Huizhou, Jiangmen, and Shenzhen and there are large swaths of rural Guangdong which remain relatively poor in comparison.<br/><br/>Guangdong is also home to the Shenzhen stock exchange as well as the recently launched Chinext board which is focused on high tech and growth companies. Companies like Suning, Wuliangye and Vanke are all listed in Shenzhen.&nbsp; Along with these exchanges companies like Ping an Insurance, China's 3rd largest insurer and China Merchants Bank are also headquartered in Guangdong and further add to Guangdong's growing presence as a financial hub.<br/><br/></p> </div> <div class="provinceMapTitle">Guangdong Province Quick Facts</div> <div class="provinceMap"> <img src="/web/20120502105943im_/http://thechinaperspective.com/images/provinces/guangdong.jpg"/> <ul> <li>Area<div>177,900 km2</div></li> <li>Population:<div>104,303,132</div></li> <li>Population density:<div>536 people/km2</div></li> <li>Gross domestic product:<div>4601.3 RMB</div></li> <li>GDP per capita:<div>44736 RMB</div></li> <li>GDP growth:<div>12.40%</div></li> <li>Fixed Asset Investment:<div>1,611.3 billion RMB</div></li> <li>Utilized Foreign Direct Investment:<div>20.3 billion US$</div></li> </ul> </div> </div> <div class="articleRight"> <div class="pushButton"><div class="pushButtonTitle">Free 7 Day Trial</div>Guangdong Province<br/>economic data</div> <div class="provinceWhatInside"> <div class="provinceWhatInsideInner"> <div class="whatInsideTitle">What's Inside:</div> <ul> <li>Monthly Updates of Key Guangdong Province Economic Indicators</li> <li>Data on Guangdong Province's leading Industries and Companies</li> <li>Detailed profile of Guangdong Province's consumers and consumption habits</li> <li class="lowCase">Also access 1000s of graphs and data points updated daily from over 300 sources. Covering all 27 provinces and 25 major cities as well as macroeconomic data, and over 15 industries. Along with our archives of over 8000 articles and proprietary data available nowhere else. <a href="/web/20120502105943/http://thechinaperspective.com/index.php?cmd=fh,subscribe"><img src="/web/20120502105943im_/http://thechinaperspective.com/images/btn-learn-more.png" alt="Learn more" style="float:right; margin-top:4px; margin-right:5px; "/></a></li> </ul> <div class="subscribeBox2"> <form method="post" action="https://web.archive.org/web/20120502105943/https://www.thechinaperspective.com/index.php?cmd=fh,checkout"> <img src="/web/20120502105943im_/http://thechinaperspective.com/images/red-star.gif"/> Your email:<br/> <input type="text" name="username" id="username"/><br/><span id="msg_email"></span> <img src="/web/20120502105943im_/http://thechinaperspective.com/images/red-star.gif"/> Choose password:<br/> <input type="text" name="password"/><br/> <input type="hidden" name="from_article" value="1"> <input type="image" src="/web/20120502105943im_/http://thechinaperspective.com/images/btn-free-trial2.png" alt="Start Free Trial" style="margin-left:6px;width:264px;height:60px;" onclick="if(!/^([a-zA-Z0-9_-])+@([a-zA-Z0-9_-])+(\.[a-zA-Z0-9_-])+/.test(document.getElementById('username').value)){document.getElementById('msg_email').innerHTML='There is a problem with your email address please try again<br />';return false;}"/> <div style="color:#6f8fa8; font-size:16px; font-weight:bold; text-align:center; ">Step 1 of 2</div> </form> </div> </div> </div> </div> <div class="clearfix"></div> <div class="splitLine"></div> <div class="provinceLeft"> <div class="topCompaniesTitle">Top 5 Guangdong Province Companies</div> <ul class="topCompaniesList"> <ul> <li>Ping an Insurance Group Co of China (SHA: 601318, HKG: 2318) is&nbsp;the nation's top privately owned insurer. It posted RMB189.44 billion in revenues and RMB17.31 billion in net profits for 2010.</li> <li>China Merchants Bank Co (SHA: 600036) is&nbsp;a Shenzhen-based commercial lender that operates across the nation. It posted RMB71.38 billion in revenues and RMB25.77 billion in net profits for 2010.</li> <li>China Vanke Co (SHE: 000002) is&nbsp;the nation's largest property developer. It posted RMB50.71 billion in revenues and RMB7.28 billion in net profits for 2010.</li> <li>China Merchants Securities Co (SHA: 600999) offers services in trading of stocks, funds, bonds, asset management, investment banking and securities investment. It posted RMB6.49 billion in revenues and RMB3.23 billion in net profits for 2010.</li> <li>ZTE Corporation (SHE: 000063, HKG: 0763) is&nbsp;a leading telecommunications equipment manufacturer. It posted RMB70.26 billion in revenues and RMB3.25 billion in net profits for 2010.</li> </ul> </ul> <p class="red"><a href="/web/20120502105943/http://thechinaperspective.com/index.php?cmd=fh,checkout">For complete access to our database of all Guangdong Province Companies earnings, revenues, margins and other corporate information Sign up for a free trial now</a></p> <br/> <div class="splitLine"></div><br/> <div class="topCompaniesTitle">Guangdong Province Economic and Technological Development Zones</div> <ul class="topCompaniesList"> <p>Foshan National New &amp; Hi-Tech Industrial Development Zone<br/>Guangzhou Development District<br/>Guangzhou Export Processing Zone<br/>Guangzhou Free Trade Zone<br/>Guangzhou Nansha Economic and Technical Development Zone<br/>Guangzhou Nanhu Lake Tourist Holiday Resort<br/>Guangzhou New &amp; Hi-Tech Industrial Development Zone<br/>Huizhou Dayawan Economic and Technological Development Zone<br/>Huizhou Export Processing Zone<br/>Huizhou Zhongkai Hi-Tech Development Zone<br/>Shantou Free Trade Zone<br/>Shatoujiao Free Trade Zone<br/>Shenzhen Export Processing Zone<br/>Shenzhen Futian Free Trade Zone<br/>Shenzhen Hi-Tech Industrial Park<br/>Yantian Port Free Trade Zone<br/>Zhanjiang Economic and Technological Development Zone<br/>Zhuhai National Hi-Tech Industrial Development Zone<br/>Zhuhai Free Trade Zone<br/>Zhongshan Torch High-tech Industrial Development Zone</p> </ul><br/> <center> <a href="#"><img src="/web/20120502105943im_/http://thechinaperspective.com/topics/province/guangdong-province/images/btn-startyourriskfreetrial.png"/></a> </center> </div> <div class="articleRight"> <div class="provinceTitle2">Guangdong Province Economic Data and Statistics</div> <ul class="provinceEconomicData"> <li> <a href="/web/20120502105943/http://thechinaperspective.com/index.php?cmd=fh,res_table&amp;table_id=197">Administrative Divisions in Guangdong,2009</a></li> <li> <a href="/web/20120502105943/http://thechinaperspective.com/index.php?cmd=fh,res_table&amp;table_id=212">Breakdown of Guangdong&#039;s GDP by Industry and City,2009</a></li> <li> <a href="/web/20120502105943/http://thechinaperspective.com/index.php?cmd=fh,res_table&amp;table_id=198">Guangdong Average Temperature by Region,1980-2009</a></li> <li> <a href="/web/20120502105943/http://thechinaperspective.com/index.php?cmd=fh,res_table&amp;table_id=223">Guangdong Energy Usage,1990-2009</a></li> <li> <a href="/web/20120502105943/http://thechinaperspective.com/index.php?cmd=fh,res_table&amp;table_id=225">Guangdong Per Capita Urban Household Disposable Income and Consumption聽,1978-2009</a></li> <li> <a href="/web/20120502105943/http://thechinaperspective.com/index.php?cmd=fh,res_table&amp;table_id=232">Guangdong Sown Area of Sugarcane, Peanuts, Tobacco, Vegetables and Others,1978-2009</a></li> <li> <a href="/web/20120502105943/http://thechinaperspective.com/index.php?cmd=fh,res_table&amp;table_id=211">Guangdong&#039;s GDP by City,2000-2009</a></li> <li> <a href="/web/20120502105943/http://thechinaperspective.com/index.php?cmd=fh,res_table&amp;table_id=237">Total Freight Traffic and Turnover on Railways, Highways, Waterways and Civil Aviation Routes,1985-2009</a></li> </ul> <a href="/web/20120502105943/http://thechinaperspective.com/index.php?cmd=fh,checkout">To access the above data as well as the rest of our extensive database of economic statistics and indicators for Guangdong Province sign up for a free trial</a> <br/> </div> </div> </div> </div> <div class="footerLine"></div> <div id="footer"> <div id="footerNav" class="pageWidth"> <ul> <li><a href="/web/20120502105943/http://thechinaperspective.com/archives/">ARCHIVE</a></li> <li><a href="/web/20120502105943/http://thechinaperspective.com/about/">ABOUT US</a></li> <li><a href="/web/20120502105943/http://thechinaperspective.com/policy/">PRIVACY POLICY</a></li> <li><a href="/web/20120502105943/http://thechinaperspective.com/contact/">CONTACT US</a></li> <li><a href="/web/20120502105943/http://thechinaperspective.com/partners/">PARTNERS</a></li> <li><a href="/web/20120502105943/http://thechinaperspective.com/term/">SUBSCRIBER AGREEMENT &amp; 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