Guangdong is the top region by gross capital formation in China. As of 2017, gross capital formation in Guangdong was 39,658 100 million yuan that accounts for 8.78% of China's gross capital formation. The top 5 regions (others are Jiangsu, Shandong, Henan, and Zhejiang) account for 37.04% of it. China's total gross capital formation was estimated at 451,495 100 million yuan in 2017.
The description is composed by our digital data assistant.Gross Capital Formation refers to the fixed assets acquired with fewer disposals and the net value of inventory, thus including gross fixed capital formation and changes in inventories.
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