China Economy Research Institute, a think-tank of China Economic Weekly, has published its latest GDP quality rankings, revealing the top 10 Chinese provincial regions with the highest GDP quality of last year.
 
Released by the Beijing-based institute, the ranking, the fifth of its kind since 2009, lists the Chinese mainland's 31 provincial-level regions based on their per capita GDP quality or the resident income happiness index, which stands for the ratio between per capita disposable income and per capita GDP, calculated as of Feb. 23, 2014).
 
Shanghai and Beijing, China's two biggest cities, top the list. Most notably, Guangzhou takes the third spot for a third consecutive year. It only ranked lower twice, namely ninth and 11th in 2009 and 2010 respectively. Its service industry, international trade and logistic industry are regarded as major contributors to its high GDP quality.
 
Statistics show that regions with a greater GDP aggregate are not necessarily ranked high in terms of GDP quality. Experts have pointed out that the GDP should not be blindly worshipped and it's more vital to consider its contributions to the improvements in people's (employment) incomes and overall sense of happiness.
 
According to the data released by the National Bureau of Statistics on Jan. 20, China's GDP hit 56.88 trillion yuan (US$9.3 trillion) in 2013, 7.7 percent higher than that of 2012 at comparable prices, yet with the lowest growth rate in the past five years.
 
Here we give you China's top 10 provincial regions with the highest GDP quality for 2013.

10. Shanxi
Per capita GDP quality index: 0.43431
GDP in 2013: 1.26 trillion yuan (US$206.19 billion)
GDP rank in 2013: 23
Per capita GDP: 34,901 yuan (US$5,710.10)
Per capita disposable income of urban households: 22,452 yuan (US$3,671.84)
Per capita net income of rural households: 7,119 yuan (US$1,164.14)
Ratio between urban population and total population: 51.26 percent

9. Chongqing
Per capita GDP quality index: 0.44479
GDP in 2013: 1.27 trillion yuan (US$207.09 billion)
GDP rank in 2013: 22
Per capita GDP: 42,977 yuan (US$7,031.84)
Per capita disposable income of urban households: 25,216 yuan (US$4,123.87)
Per capita net income of rural households: 8,332 yuan (US$1,362.63)
Ratio between urban population and total population: 56.98 percent

8. Hainan
Per capita GDP quality index: 0.45466
GDP in 2013: 314.6 billion yuan (US$51.47 billion)
GDP rank in 2013: 28
Per capita GDP: 35,491 yuan (US$5,806.99)
Per capita disposable income of urban households: 22,929 yuan (US$3,751.66)
Per capita net income of rural households: 8,343 yuan (US$1,365.09)
Ratio between urban population and total population: 51.6 percent

7. Anhui
Per capita GDP quality index: 0.45647
GDP in 2013: 1.9 trillion yuan (US$311.51 billion)
GDP rank in 2013: 14
Per capita GDP: 31,795 yuan (US$5,203.42)
Per capita disposable income of urban households: 23,114 yuan (US$3,781.95)
Per capita net income of rural households: 8,098 yuan (US$1,325)
Ratio between urban population and total population: 46.5 percent

6. Jiangxi
Per capita GDP quality index: 0.45747
GDP in 2013: 1.43 trillion yuan (US$234.61 billion)
GDP rank in 2013: 20
Per capita GDP: 31,836 yuan (US$5,210.13)
Per capita disposable income of urban households: 21,873 yuan (US$3,578.9)
Per capita net income of rural households: 8,781 yuan (US$1,436.76)
Ratio between urban population and total population: 47.51 percent

5. Yunnan
Per capita GDP quality index: 0.46202
GDP in 2013: 1.17 trillion yuan (US$191.81 billion)
GDP rank in 2013: 24
Per capita GDP: 25,158 yuan (US$4,117.24)
Per capita disposable income of urban households: 23,393 yuan (US$3,828.33)
Per capita net income of rural households: 6,175 yuan (US$1,010.56)
Ratio between urban population and total population: 39.31 percent

4. Zhejiang
Per capita GDP quality index: 0.49715
GDP in 2013: 3.76 trillion yuan (US$615.3 billion)
GDP rank in 2013: 4
Per capita GDP: 68,593 yuan (US$11,225.61)
Per capita disposable income of urban households: 37,851 yuan (US$6,191.94)
Per capita net income of rural households: 16,106 yuan (US$2,634.74)
Ratio between urban population and total population: 63.2 percent

3. Guangdong
Per capita GDP quality index: 0.51412
GDP in 2013: 6.21 trillion yuan (US$1.02 trillion)
GDP rank in 2013: 1
Per capita GDP: 58,678 yuan (US$9,602.97)
Per capita disposable income of urban households: 33,090 yuan (US$5,413.22)
Per capita net income of rural households: 11,669 yuan (US$1,908.90)
Ratio between urban population and total population: 67.4 percent

2. Beijing
Per capita GDP quality index: 0.53655
GDP in 2013: 1.95 trillion yuan (US$319.08 billion)
GDP rank in 2013: 13
Per capita GDP: 94,238 yuan (US$15,422.56)
Per capita disposable income of urban households: 40,321 yuan (US$6,596.15)
Per capita net income of rural households: 18,337 yuan (US$2,999.77)
Ratio between urban population and total population: 86.2 percent

1. Shanghai
Per capita GDP quality index: 0.62052
GDP in 2013: 2.16 trillion yuan (US$353.54 billion)
GDP rank in 2013: 12
Per capita GDP: 90,749 yuan (US$14,845.14)
Per capita disposable income of urban households: 43,851 yuan (US$7,174.39)
Per capita net income of rural households: 19,208 yuan (US$3,142.25)
Ratio between urban population and total population: 89.3 percent
 
SOURCE: china.org.cn
 
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