GBP/USD is the forex ticker that shows the value of the British Pound against the US Dollar. Adjust font size: South China's technological powerhouse Shenzhen estimated Friday that its GDP rose about 7.5 percent year-on-year to surpass 2.4 trillion yuan (354 billion U.S. dollars) in 2018. Shenzhen in Guangdong province ranked first among the cities with the strongest per capita GDP in 2019, hitting $29,498, followed by southeastern cities Wuxi and Suzhou in Jiangsu province, seeing per capita GDP of $26,100 and $25,900, respectively. Cable reversal off long-term level with short-term break of technical structure postures GBP/USD for lower levels. Actual: -3% Guangdong's economy has maintained overall stability, with the growth of main economic indicators kept within an appropriate range, said Wang Liying, an official with the … km GDP: USD 32.6 billion Population: 4.12 M Foshan 佛山 Area: 3,798 sq. EUR: -0.32% Cities in the Guangdong-Hong Kong-Macau (GDHKMC) Bay Area ... Zhaoqing Foshan Dongguan Huizhou Jiangmen Zhongshan Zhuhai Macau Hong Kong Zhaoqing 肇慶 Area: 14,891 sq. According to a government conference on the development plan between 2010 and 2015, the province aims to increase its GDP per capita to over 9,000 USD by 2015, an annual increase of 7% from now on. Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBP/USD-bearish contrarian trading bias. The GDP per capita of Guangdong province was 50,295 yuan, increasing by 8.0%. The PRD, consisting of 9 cities, are the most developed area in Guangdong province, and its GDP contributed to 84% of the whole province. https://www.dailyfx.com/economic-calendar#2021-03-05, It’s important for traders to be familiar with FX spreads as they are the primary cost of trading currencies. Guangdong is located in southern China, bordering on Fujian Province to the east, Hunan Province to the north, Guangxi Autonomous Region to the west and the special administrative regions of Hong Kong and Macau to the south. View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/NoeBuGFrZU, Trading forex carries a high level of risk. The GDP of Guangzhou, capital of south China's Guangdong Province, grew 2.7 percent year on year to exceed 2.5 trillion yuan (about 388.25 billion U.S. dollars) in 2020, local authorities said Friday. By pressing 'Subscribe' you consent to receive newsletters which may contain promotional content. The total exports were 913.48 billion US dollars. https://www.dailyfx.com/economic-calendar#2021-03-05, Brush up your knowledge on #tradewars with this tool from DailyFX research briefly outlining trade-war history dating back to the early 1900s here: https://t.co/ZWaL6laTU5 https://t.co/8Kos5XrKhY, GDP (Gross Domestic Product) economic data is deemed highly significant in the forex market. List of country subdivisions by GDP over 100 billion US dollars List of country subdivisions by GDP over 100 billion USD List of country subdivisions by GDP over USD 100 billions Its economy is larger than that of any other province in the nation and the 6th largest sub-national economy in the world with a GDP size of 1.47 trillion US dollars (9.73 trillion Chinese yuan) in 2018. The average value of the central parity rate of the Chinese currency renminbi against U.S. dollars stood at 6.8974 for 2020, said China's Ministry of Commerce. Based on the mid-year population, Lhasa' GDP per capita was CNY70,787 or $10,484. FX Publications Inc is a subsidiary of IG US Holdings, Inc (a company registered in Delaware under number 4456365). Guangdong economy since 2005. Note: Low and High figures are for the trading day. Previous data showed that south China's economic powerhouse Guangdong Province's GDP rose 6.4 percent year on year to 7.72 trillion yuan (1.09 trillion U.S. dollars) in the first three quarters of 2019. Guangzhou's GDP hit 2.15 trillion RMB in 2017. My top watch though will be $GBPUSD (COT/ATR below) with GDP updates on tap. Its nominal GDP for 2014 was 6.779 trillion yuan (US$1.104 trillion). The Economy of Guangdong is one of the most prosperous in China. Monthly Forex Seasonality - March 2021: 'Dollars' Mixed but Gold, Stocks Favor Weakness, Mid-Week Market Check Up- USD, EUR, CAD, Gold, Silver, SPX & Bitcoin, British Pound Forecast: Digesting Gains Around Spring Budget - Levels for GBP/JPY, GBP/USD, EUR/GBP, GBP/USD & FTSE 100 React to Latest UK Budget Announcement, British Pound (GBP) Latest: GBP/USD to Shrug Off UK Budget. FX Publications Inc is a subsidiary of IG US Holdings, Inc (a company registered in Delaware under number 4456365), GBP/USD Technical Outlook Near-term Bearish. Since Guangzhou has determined IAB and NEM industries to be the main focus, the city has seen hi-tech enterprises flourish, including many Fortune 500 enterprises as well as leading companies in certain fields last year. Find out more about the major currency pairs and what impacts price movements. Forex trading involves risk. It tells traders how many US Dollars are needed to buy a British Pound. In 2017 Guangzhou's GDP hit 2.15 trillion RMB. Here shows the economic indicators of each city as well as the statistical comparison with San Francisco Bay … https://www.dailyfx.com/economic-calendar#2021-03-05, Retail Sales MoM (JAN) Follow the live GBP/USD rate with the chart and keep up to date with Pound-Dollar news and analysis. In 2019, the gross domestic product (GDP) of Guangdong province in China amounted to approximately 10.8 trillion yuan, compared to about ten trillion yuan in the previous year. AUD: -0.44% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/JyykROg0Mk, Forex Update: As of 08:00, these are your best and worst performers based on the London trading schedule: - … [8], Recently, more than 7000 factories based in southern Guangdong cities such as Shenzhen and Dongguan has shut due to rapidly falling demand from western consumers, stricter labour and environmental regulations and the global financial crisis. BTC/USD Forecast: Bitcoin Falls Victim to Wider Sell-Off in Financial Markets, Australian Dollar Forecast: Key Levels to Watch on AUD/USD Breakdown, US Dollar Price Forecast: Unfazed Fed, Real Yields to Undermine EUR/USD, Gold Price Outlook: Gold Breakdown Plunges into Downtrend Support, S&P 500 and Nasdaq 100 Technical Analysis: Looking Lower Still, US Dollar Breakouts Search for Momentum: USD/SGD, USD/IDR, USD/PHP, USD/THB. Our guide explores the most traded commodities worldwide and how to start trading them. Previous: 2.5% ^ Lhasa' GDP was 47.916 billion Chinese yuan (7.097 billion US dollars) in 2017. By continuing to use this website, you agree to our use of cookies.You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. The GDP per capita in Guangdong was 54095 yuan, equivalent to 8570 dollars. GUANGZHOU, Jan. 29 (Xinhua) -- The GDP of Guangzhou, capital of south China's Guangdong Province, grew 2.7 percent year on year to exceed 2.5 trillion yuan (about 388.25 billion U.S. dollars) in 2020, local authorities said Friday. Previous: 2.5% We use a range of cookies to give you the best possible browsing experience. [citation needed], Deng Xiaoping's open door policy radically changed the economy of the province as it was able to take advantage of its access to the ocean, proximity to Hong Kong, and historical links to overseas Chinese. In the report Wen summarized the city's achievements from the past year. https://www.dailyfx.com/economic-calendar#2021-03-05, IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 92.32%, while traders in NZD/USD are at opposite extremes with 66.92%. The Guangdong-Hong Kong-Macao Greater Bay Area’s city cluster will extend across Hong Kong, Macao and nine Pearl River Delta (PRD) cities. With a population of 68 million and GDP amounting to US$1.4 trillion, the bay area is an enormous market for our financial and high-end services industries Learn how to trade the Pound with our expert guide, including key tips to track the market. What I'm expecting: https://www.dailyfx.com/forex/video/daily_news_report/2021/03/03/SP-500-Checks-Lower-as-Reddit-Traders-Return-GBPUSD-and-AUDUSD-Top-Watch.html?ref-author=Kicklighter&QPID=917719&CHID=9 https://t.co/aB2uUiEtyR, British Pound Price Forecast: GBP/USD, GBP/JPY, GBP/CHF, EUR/GBP - https://www.dailyfx.com/forex/technical/home/analysis/gbp-usd/2021/03/03/British-Pound-Price-Forecast-GBPUSD-GBPJPY-GBPCHF-EURGBP.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Moss&utm_campaign=twr Syne 1989 Guangdong haes toppit the tot GDP rankins amang aw provincial-level diveesions, wi Jiangsu an Shandong seicont an third in rank. [4], In 2008 its foreign trade also grew 7.8% from the previous year and is also by far the largest of all of China. None. GDP per capita PPP in China averaged 6691.84 USD from 1990 until 2019, reaching an all time high of 16116.70 USD in 2019 and a record low of 1423.70 USD in 1990. The province recorded 2.3-percent GDP growth in 2020 to exceed 11 trillion yuan (about 1.7 trillion U.S. dollars), Ma said while delivering a government work report at the annual session of the provincial legislature. Accordin tae provincial annual preliminary statistics, Guangdong's GDP in 2010 reached CNY 4,550 billion, or USD 689.02 billion, makkin its economy roughly the same size as that o Turkey or Indonesie. The year end population was 665,500 in 2016 and 688,300 in 2017, and mid-year population of 676,900 in 2017. [4], The province is now one of the richest in the nation, with the highest GDP among all the provinces, although wage growth has only recently begun to rise due to a large influx of migrant workers from neighboring provinces. EUR/USD & Nasdaq Plunging as Powell Unleashes Yield Surge, Gold Prices at Risk as Crude Oil Benefits from Surprise OPEC+ Output Hold, Canadian Dollar Price Forecast: USD/CAD Holds Support as USD Drives, Dow Jones Sinks Below 31,000, AUD/USD Trendline Breaks as Yields Surge, Morning Market Minutes: COVID-19 Update, US Vaccines Accelerate, Powell and US NFP, Central Bank Watch: BOE & ECB Interest Rate Expectations Update, British Pound (GBP) Latest: GBP/USD to Remain Stable, No Response to UK Budget, USDJPY Charges Higher Between Post-Powell Yield Rally and Nasdaq Breakdown, US Dollar Outlook: USD/JPY on Fire as Yields Soar Post-Powell, Heads Up: GDP Growth Rate QoQ (Q4) due at 11:00 GMT (15min) In addition, until the 1990s when the Chinese taxation system was reformed, the province benefited from the relatively low rate of taxation placed on it by the central government due to its post-Liberation status of being economically backward. Sign up now to get the information you need! 2021-03-01 11:23:00 Previous: 2.4% According to the province’s 12th Five Year Plan, Guangdong is going to quadruple its per capita GDP … [6] Its per capita GDP reached 37,588 yuan (about US$5,410). GDP: USD 1,560.8 Billion (YoY +6.2%) FDI: USD 22.1 Billion (YoY +4.9%) Total Trade Volume: USD 1,035.5 Billion (YoY -0.2%) Value of Exports: USD 628.8 Billion (YoY +1.6%) Value of Imports: USD 406.7 Billion (YoY -2.9%) Source: 2019 National Economic and Social Development of Guangdong Province Guangdong Province Trade in goods with Macao in 2019. The article lists China's province-level divisions by gross domestic product (GDP). Guangdong is China's largest exporter, as well as its largest importer of goods. [4] Its extensive manufacturing base is largely privately owned, making it less reliant on fixed asset investments than other provinces in China. $GBPUSD Cable res showed up around the 1.4000 handle looked at yday, but buyers have so far stepped up to support ~3950, keeping door open for another run at a break back-above the psych level https://t.co/hiUkEbzlUA https://t.co/GmcUHYcnWM, Wednesday looks like it will keep tracking yields for risk influence while WSB is making another go at top shorted tickers. Per-capita GDP (USD) • Improve the level of cooperation within the region • Identifying the core competitive advantages of the cities within the bay area • Exploring ways for them to complement one another . Same … Registered Address: 32 Old Slip, Suite 803; New York, NY 10005. Understand a pair's spread here: https://t.co/zEEUHZBx7g https://t.co/uGKuvX6S0K, Commodities Update: As of 08:00, these are your best and worst performers based on the London trading schedule: [citation needed], Although Shanghai is often cited as evidence of China's success, Guangdong's economic boom demonstrates that China has become a labor-intensive manufacturing economy. South China's Guangdong province recorded year-on-year economic growth of 6.8 percent, growing to 9.73 trillion yuan ($1.4 trillion) in 2018. GBP/USD IG Client Sentiment: Our data shows traders are now net-long GBP/USD for the first time since Feb 04, 2021 when GBP/USD traded near 1.37. No entries matching your query were found. World Economics makes available of world’s most comprehensive GDP database covering over 130 countries with historical GDP PPP data from 1870-2019, building on the lifetimes work of Angus Maddison. This is a trend of official estimates[1] of the gross domestic product of the Province of Guangdong: After the communist revolution and until the start of the Deng Xiaoping reforms in 1978, Guangdong was an economic backwater, although a large underground, service-based economy has always existed. [7] Guangdong contributes approximately 12% of the total national economic output. GUANGZHOU, Oct. 21 (Xinhua) -- South China's economic powerhouse Guangdong Province said its GDP rose 6.4 percent year on year to 7.72 trillion yuan (1.09 trillion U.S. dollars) in the first three quarters of 2019. Guangdong leads nation in GDP ranking: GD occupied 30% of China's foreign trade in 2005: Guangdong News: GD per capita GDP to exceed 3000 USD in 2006: GD saw stable growth in high-tech product export : Scientists: Basic gene may lead to myopia: Guangdong's GDP reached 2.17 trillion yuan in 2005, an increase of 12.5 percent over last year, and the residents saving deposits totaled 2.03 … The affluence of Guangdong, however, remains very much concentrated in a handful of cities near the Pearl River Delta. It is also the 1st economy of a sub-national entity in terms of GDP US$1.5 trillion (as of 2019) in all of Asia and 4th largest sub-national entity in the world. Economic development policies encouraged industrial development in the interior provinces which were weakly linked to Guangdong via transportation links. License : CC BY-4.0. Oil - US Crude: 1.22% CAD: -0.13% Guangdong's economic boom began with the early 1990s and has since spread to neighboring provinces, and also pulled their populations inward. The government policy of economic autarky made Guangdong's access to the ocean irrelevant. GDP: USD 1,560.8 Billion (YoY +6.2%) FDI: USD 22.1 Billion (YoY +4.9%) Total Trade Volume: USD 1,035.5 Billion (YoY -0.2%) Value of Exports: USD 628.8 Billion (YoY +1.6%) Value of Imports: USD 406.7 Billion (YoY -2.9%) Source: 2019 National Economic and Social Development of Guangdong Province Guangdong Province Trade in goods with Macao in 2019. Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages. GDP of China's Guangzhou tops 2.5 trln yuan in 2020 February 01, 2021 Abstract : The GDP of Guangzhou, capital of south China's Guangdong Province, grew 2.7 percent year on year to exceed 2.5 trillion yuan (about 388.25 billion U.S. dollars) in 2020, local authorities said Friday. [6] Now, it has three of the six Special Economic Zones: Shenzhen, Shantou and Zhuhai. [5], In 2008, Guangdong's primary, secondary, and tertiary industries were worth 197 billion yuan, 1.84 trillion yuan, and 1.53 trillion yuan respectively. Each … Flow: US dollar (million) … $GBP $EURGBP $GBPUSD $GBPCHF $GBPJPY https://t.co/qt3954gQ53. China GDP (Gross Domestic Product) was INT$23,102.44billion for 2019 in PPP terms. With a breakthrough over the 11 trillion yuan ($1.71 trillion) threshold, Guangdong has retained its place as the top province with the highest GDP in China for 32 years in a row. The GDP per Capita, in China, when adjusted by Purchasing Power Parity is equivalent to 91 percent of the world's average. [9][10], * Not a formal administrative subdivision, Economic and Technological Development Zones, http://www.chinaknowledge.com/NewsWires/NewsDetail.aspx?Cat=INS&NewsID=58986, Guangdong reports 20% foreign trade growth, https://www.google.com/hostednews/ap/article/ALeqM5gssNAVOFZK3RKWh9dBGtMmxhgpOAD95604B00, https://en.wikipedia.org/w/index.php?title=Economy_of_Guangdong&oldid=966236810, Articles with unsourced statements from April 2008, Creative Commons Attribution-ShareAlike License, Guangzhou Nansha Economic and Technical Development Zone, Guangzhou Nanhu Lake Tourist Holiday Resort (Chinese Version), Guangzhou New & Hi-Tech Industrial Development Zone, This page was last edited on 5 July 2020, at 22:19. By 2019, the per capita GDP of mainland China exceeded US$10,000, of which Beijing and … Guangdong GDP was 8.2% last year, higher than the national average of 7.8%. km GDP: USD 141.3 billion Population: 7.65 M Jiangmen 江門 Area: 9,505 sq. Previous: 11.1% By numbers, Guangdong's foreign trade accounts for more than a quarter of China's US$2.56 trillion foreign trade or roughly US$683 billion. Get top insights on the most traded stock indices and what moves indices markets. Silver: -0.75% Based on preliminary statistics, GDP of Guangdong province is expected to reach 6.23 trillion RMB (1 trillion USD) this year, up 8.5 percent from 2012, according to the provincial Development and Reform Commission. It officially took over top spot in the province from Guangzhou late last year when Guangdong’s statistics bureau revised up Shenzhen’s GDP figure for 2016 to … Per capita GDP is an important indicator of a region's economic wellbeing. GBP/USD IG Client Sentiment: Our data shows traders are now net-long GBP/USD for the first time since Feb 04, 2021 when GBP/USD traded near 1.37. Actual: -3% Flow: US dollar (million) … Gold: -0.24% By an average exchange rate of 2017, Hong Kong’s GDP stood at 2.3 trillion yuan, 60 billion higher than Shenzhen’s GDP figure. World Bank national accounts data, and OECD National Accounts data files. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. During the 13th Five-Year Plan period (2016-2020), Guangzhou's GDP increased from nearly 1.86 trillion yuan to over 2.5 trillion yuan, with an average … GUANGZHOU, Nov. 5 (Xinhua) -- South China's Guangdong Province saw the added value of the private sector increase by 7.1 percent year on year in the first three quarters, reaching 3.78 trillion yuan (548 billion U.S. dollars). See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/JMU0AUsalx, Heads Up: Retail Sales MoM (JAN) due at 09:00 GMT (15min) GDP figures are used as an indicator by fundamentalists to gauge the overall health and potential growth of a country. Line Bar Map. Registered Address: 32 Old Slip, Suite 803; New York, NY 10005. In 2008, Guangdong's … Find out more about top cryptocurrencies to trade and how to get started. Its nominal GDP for 2014 was 6.779 trillion yuan (US$1.104 trillion). Plan your trades with the GBP/USD forecast and key pivot points data and support and resistance levels. South China's Guangdong Province is targeting economic growth of more than 6 percent this year, Governor Ma Xingrui said Sunday. Learn use GDP data to your advantage here: https://t.co/Yl9vM7kO6a https://t.co/tPwOU9788l, Retail Sales MoM (JAN) km GDP: USD 39.8 billion Population: 4.56 M Guangzhou 廣州 … Its economy is larger than that of any other province in the nation and the 4th largest sub-national economy in the worldwith GDP of 1.66 trillion US… The capital of the province is Guangzhou. Check your email for further instructions. Scan the QR code and push it to your mobile phone Keyword : Guangzhou GDP-growth CHF: -0.18% This made Hong Kong still ahead of its neighboring city. Major economic indicators showing the business potential of the Guangdong-Hong Kong-Macau GBA (2019) Population (mn) GDP (USD, bn) Per-capita GDP (USD) Gross Savings ratio (% of GDP) Per-capita Gross Savings (USD)3 Hong Kong 7.50 365.70 22% 48,713 25% 12,178 Macau 0.68 53.86 3% 79,977 52% 41,588 Shenzhen 13.44 390.33 23% 29,498 45% 13,274 FX Publications Inc (dba DailyFX) is registered with the Commodities Futures Trading Commission as a Guaranteed Introducing Broker and is a member of the National Futures Association (ID# 0517400). The Pound-Dollar is one of the oldest and most widely traded currency pairs in the world. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. Guangdong has ranked 13th in the world by GDP if taken as an economic body, a position which surpasses that of Australia, the Securities Times said in its provincial GDP ranking for 2020 on Monday. Guangdong has set its annual GDP target at 6.5 trillion RMB in 2015. Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. Receive the best-curated content by our editors for the week ahead. GBP/USD Weekly Forecast: EUR/GBP Bearish Breakdown, More GBP Gains Ahead? Trading GBP/USD: An Overview of the Pound-Dollar Forex Pair, FX Publications Inc (dba DailyFX) is registered with the Commodities Futures Trading Commission as a Guaranteed Introducing Broker and is a member of the National Futures Association (ID# 0517400). With a population of 113.46 million (as of 2018 ) across a total area of about 179,800 km (69,400 sq mi), Guangdong is the most populous province of China and the 15th-largest by area. Guangdong … Losses can exceed deposits. Guangdong's GDP ticked up by 2.3 percent to cross the 11-trillion-yuan threshold in 2020, its governor Ma Xingrui said on January 24. Aggregates. Weekly Technical US Dollar Forecast: Finally Turning Higher? Guangdong (alternately romanized as Canton Province or Kwangtung) is a coastal province in South China on the north shore of the South China Sea. NZD: -0.53% GDP per capita (current US$) - China. GBP: -0.26%