According to the latest statistical data released by the China Bureau of statistics in 2024, in 1989, the province with the largest economic size in China was Guangdong, with a GDP of $28.25 billion; the province with the second largest economic size was Jiangsu, with a GDP of $27.03 billion; the province with the third largest economic size was Shandong, with a GDP of $26.5 billion; the province with the fourth largest economic size was Liaoning, with a GDP of $20.6 billion, Zhejiang ranks fifth in economic scale, with a GDP of $17.4 billion.