# provincial economy
Latest news and articles about provincial economy
Total: 2 articles found
Shandong Joins China’s Trillion-Yuan Club — Big Enough to Rival Small Countries
Shandong’s 2025 GDP surpassed RMB 10.3 trillion, converting to roughly $1.48 trillion and placing the province among mid-ranked national economies. The milestone reflects a combination of a comprehensive industrial base, aggressive capacity restructuring, growing innovation capabilities and regional coordination, while leaving significant environmental and structural challenges to address.
Shandong Surpasses 10 Trillion RMB: A Chinese Province Now Rivals Medium‑Sized Economies
Shandong reported 2025 GDP of about 10.32 trillion RMB, roughly $1.48 trillion at current exchange rates, placing it among the world’s largest subnational economies. The milestone reflects deep industrial roots, deliberate upgrading toward high‑tech sectors, institutional reforms and an emphasis on regional coordination and green transition, but significant challenges remain in sustaining high‑quality, low‑carbon growth.