According to the latest statistical data released by the China Bureau of statistics in 2024, in 1988, the province with the largest economic size in China was Jiangsu, with a GDP of $25.08 billion; the province with the second largest economic size was Guangdong, with a GDP of $23.97 billion; the province with the third largest economic size was Shandong, with a GDP of $23.2 billion; the province with the fourth largest economic size was Liaoning, with a GDP of $18.3 billion, Zhejiang ranks fifth in economic scale, with a GDP of $16 billion.