China's top 10 GDP provinces in Q1

Updated: 2015-04-30 07:28


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The gross domestic product of China's provinces and municipalities in the first quarter has been released, reported on Wednesday.

Figures revealed that economies of one-third of provinces and municipalities grew more slowly than the national level of 7 percent.

Chongqing ranked first, with a GDP growth rate of 10.7 percent, followed by Guizhou province and Tibet autonomous region.

Heilongjiang, Jilin and Liaoning provinces in Northeast China are among the regions below national level, with the latter's economy growing at the slowest pace of 1.9 percent, according to the website.

Eighteen provinces and municipalities grew more than 7 percent in the first quarter while three grew in line with the national level.

According to Xinhua News Agency, the Ministry of Finance asked local authorities to implement the timetable for deepening fiscal reforms, further cut administrative approvals and spend unused funds.

They were also told to speed up local government debt issuance, improve management of fiscal funds and accelerate expenditure.

No. 10 Hubei province, 548.79 billion yuan

China's top 10 GDP provinces in Q1

A photo taken on April 22, 2015 shows the scenery of the tea garden in Guanyintang village of Yiling district in Yichang city, Central China's Hubei province. [Photo/Xinhua]

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