China’s Gansu sees GDP exceed 1 trln yuan for first time

The gross domestic product (GDP) of northwest China’s Gansu Province in 2021 surpassed 1 trillion yuan (about 157 billion U.S. dollars) for the first time, up 6.9 percent year on year when calculated at constant prices, local authorities said on Tuesday.

In 2021, the per capita disposable income of Gansu residents was 22,066 yuan, an increase of 8.5 percent over the previous year.

The per capita disposable income for the province’s rural residents grew 10.5 percent year on year, narrowing the gap between rural and urban resident incomes.

Notably, during the period, Gansu’s foreign trade surged 28.4 percent compared to the prior year to more than 49 billion yuan. Its exports reached approximately 9.7 billion yuan last year, up 13.2 percent from 2020, and imports hit 39.4 billion yuan, an increase of 32.7 percent.