Guangdong: Why China’s ‘Economic Locomotive’ Is Losing Steam

Guangdong Province’s sluggish economy reflects the broader national picture—both are shaped by Beijing’s refusal to undertake genuine political reform.
Guangdong: Why China’s ‘Economic Locomotive’ Is Losing Steam
Shipping containers and gantry cranes are seen at the Yantian port at night in Shenzhen, in southern Guangdong Province, China, on April 14, 2025. Jade Gao/AFP via Getty Images
|Updated:
0:00
Commentary

In the first three quarters of this year, Guangdong—China’s largest provincial economy—recorded a mere 4.1 percent year-on-year GDP growth, again falling short of the national average. This underperformance has persisted since 2021.

Wang He
Wang He
Author
Wang He has master’s degrees in law and history, and has studied the international communist movement. He was a university lecturer and an executive of a large private firm in China. Wang now lives in North America and has published commentaries on China’s current affairs and politics since 2017.