Shop spaces for rent at Yixing Gold Street, a commercial street in Yixing city in eastern Jiangsu province. Photo: Simon Song

China’s wealth gap widens as more than half of its provinces missed growth targets last year

  • Seventeen of 31 failed to meet their gross domestic product growth rate goals in a year where the national economy expanded its slowest pace in 28 years
  • Former growth drivers Chongqing and Guangdong have fallen behind their targets
Topic |   China economy

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Shop spaces for rent at Yixing Gold Street, a commercial street in Yixing city in eastern Jiangsu province. Photo: Simon Song
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Orange Wang

Orange Wang

Orange Wang covers the Chinese macroeconomy, and has many years of experience with China's monetary and fiscal policy moves. He also covered global market and financial news for a long time, with a particular focus on new technologies and their influences on economic growth and society. Before joining the South China Morning Post, Orange worked as a Shanghai Correspondent for ET Net, a Hong Kong financial news agency.