Dongguan reaches GDP of 1 trillion yuan!
2022-01-13 11:06     Source : Dongguan Today


Dongguan's local gross domestic product (GDP) exceeds one trillion yuan for the first time in 2021, being the 24th city to hit 1 trillion yuan annual GDP on the Chinese mainland. Moreover, Beijing's GDP topped RMB four trillion, making it the country's first city with a 4 trillion yuan GDP.

The trillion-yuan benchmark is often perceived as a notion of economic prowess. On January 11, Dongguan officially announced two brilliant achievements in its government work report: Dongguan has become a city with a GDP of over one trillion yuan and a population of over 10 million.

As the well-known world's factory, Dongguan' GDP reached 965.019 billion yuan in 2020, falling just short of earning its position in the one-trillion-yuan GDP club. In 2021, Dongguan had finally achieved its goal.

The "one-trillion-yuan GDP club" comprises of cities with an annual GDP of at least one trillion yuan. At this point, Dongguan has become the 24th city in China with a GDP surpassing one trillion yuan. At the same time, its population has exceeded 10 million. The famous manufacturing city has successfully stood at a new high-quality development point.

With Dongguan stepping into the club, 24 cities are currently in the club. 

Shanghai was the first city in China to hit the one-trillion-yuan GDP in 2006. Subsequently, the GDP of Beijing and Guangzhou exceeded one trillion yuan in 2008 and 2010, respectively. The rest of the club members are Shenzhen, Tianjin, Suzhou, Chongqing, Wuhan, Chengdu, Hangzhou, Nanjing, Qingdao, Wuxi, Changsha, Ningbo, Zhengzhou, Foshan, Fuzhou, Quanzhou, Nantong, Hefei, Xi'an, Jinan and Dongguan.

It should be noted that Dongguan may be the single newcomer of the club in 2021. After Dongguan, Yantai, Changzhou, Xuzhou, Dalian, Tangshan and other competitive cities have a GDP of around 700 billion yuan, which is still a long way from a trillion yuan.

So far, Guangdong has four cities, namely Shenzhen, Guangzhou, Foshan, and Dongguan, exceeding 1 trillion yuan in their economic development.

Editor: Zheng Sihui