Zhanjiang ranks 80th in China by GDP

Zhanjiang's gross domestic product (GDP) in the first half of this year was rated 80th in the country, according to a top 100 Chinese cities GDP list released by the 21st Century Business Herald on Aug 15.

The combined GDP value of the top 100 cities accounted for 73 percent of China's total, demonstrating a formidable economic strength.

Almost half of these cities are concentrated in Shandong (15), Jiangsu (13), Guangdong (11), and Zhejiang provinces (eight). However, cities from the central and west China also showed strong momentum.

The top 10 cities on the list were Shanghai, Beijing, Shenzhen, Guangzhou, Tianjin, Chongqing, Suzhou, Chengdu, Wuhan and Hangzhou.

The southern city of Zhanjiang is embracing unprecedented opportunities brought by the Belt & Road Initiative, development of the Guangdong-Hong Kong-Macao Greater Bay Area and military-civilian integration.

In the first six months of this year, the city recorded a GDP of 136 billion yuan ($19.9 billion), a year-on-year increase of 6.1 percent.

Local major economic indicators such as fixed-asset investments, total retail sales of consumer goods and general public budget revenues all achieved double-digit growth.