According to the latest statistical data released by the China Bureau of statistics in 2024, in 1954, the province with the largest economic size in China was Liaoning, with a GDP of $2.2 billion; the province with the second largest economic size was Jiangsu, with a GDP of $2.1 billion; the province with the third largest economic size was Shandong, with a GDP of $2.1 billion; the province with the fourth largest economic size was Guangdong, with a GDP of $1.8 billion, Hebei ranks fifth in economic scale, with a GDP of $1.8 billion.