China’s Provincial Governments Release 2022 GDP Growth Targets

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China’s province-level administrative entities have issued their GDP growth targets for 2022.

As of 24 January all of China’s province-level governments with the exception of the municipality Tianjin had issued economic growth targets for 2022 in their annual policy work reports.

The island province of Hainan has set its growth ambitions at the highest level, with a 2022 GDP target of around 9%, while Tibet comes in second place with a growth target of 8%.

Hubei, Jiangxi, Anhui, Ningxia and Henan have all set growth targets of around 7%, while almost all of the remaining Chinese provinces forecast growth of between 5.5 – 6.5%.

The Beijing municipal government has set the lowest GDP growth target for 2022, at 5%.

China’s 2022 GDP Growth Targets by Province

Province2021 GDP Growth2022 GDP Growth Target
Hubei12.9%Around 7%
Hainan11.2%Around 9%
Shanxi9.1%Around 6.5%
Jiangxi8.8%Over 7%
Jiangsu8.6%Over 5.5%
Beijing8.5%Over 5%
Zhejiang8.5%Around 6%
Anhui8.3%Over 7%
Chongqing8.3%Around 5.5%
Shandong8.3%Over 5.5%
Sichuan8.2%Around 6.5%
Shanghai8.1%Around 5.5%
Guizhou8.1%Around 7%
Guangdong8%Around 5.5%
Fujian8.0%6.5%
Hunan7.7%Over 6.5%
Guangxi7.5%Over 6.5%
Yunnan7.3%Around 7%
Tibet7%Around 8%
Xinjiang7%Around 6%
Gansu6.9%Over 6.5%
Ningxia6.7%7%
Jilin6.6%Around 6%
Tianjin6.6%Not yet announced
Hebei6.5%6.5%
Shaanxi6.5%Around 6%
Henan6.3%7%
Inner Mongolia6.3%Around 6%
Heilongjiang6.1%Around 5.5%
Liaoning5.8%Over 5.5%
Qinghai5.7%Around 5.5%