China’s Beijing-Tianjin-Hebei region, a major economic zone, recorded a combined GDP of 10 trillion yuan ($1.46 trillion) in 2022, which is 1.8 times the amount in 2013, according to official data. Both Beijing and Hebei’s GDP exceeded 4 trillion yuan each in 2022, two times and 1.7 times more than that of 2013, respectively. Tianjin’s GDP of 1.6 trillion yuan in 2022 was 1.6 times more than that of 2013. The combined GDP of the Beijing-Tianjin-Hebei region accounted for around 9 percent of China’s GDP, indicating that the region is on track to build a world-class city cluster.
The Beijing-Tianjin-Hebei region has made significant strides in transportation, ecology, and industries. It has been developing rapidly in emerging sectors such as the digital economy and high-tech industries in recent years. The value-added output of Beijing’s digital economy accounted for over 40 percent of the city’s total GDP in 2022, while the industrial output of Tianjin’s high-tech manufacturing sector and Hebei’s high-tech industries accounted for 14.2 percent and 20.6 percent of the overall industrial output in the two regions.
China is committed to developing a regional economic layout that promotes high-quality development. The country has been actively speeding up the coordinated development of key regions and several major regional strategies have been unveiled, including the Beijing-Tianjin-Hebei region, the Yangtze River Delta region, and the Guangdong-Hong Kong-Macao Greater Bay Area. The combined GDP of these three regions accounted for more than 40 percent of China’s GDP in 2022.
The growth of these economic zones will not only promote balanced and coordinated development in the regions but also drive up growth in surrounding areas, including Northeast China, western China, North China, the Yangtze River Economic Belt, and Southwest China. The Beijing-Tianjin-Hebei region enjoys favorable conditions and advantages to build itself into a world-class cluster, which will promote China’s high-quality development and help bridge the gap between China’s northern and southern regions.
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