Province: China and Qinghai Province

province: The rankings can be used as a reference by policymakers and investors, according to analysts, according to Global Times China. South China's Guangdong Province was ranked first in economic power, while Northwest China's Qinghai Province was last. A report published on Thursday by China Orient Asset Management Co, a domestic credit rating institution, ranked 31 provincial-level governments' debt situation from three angles economic strength, fiscal condition and debt burden. In general, provinces, municipalities and regions in East China had higher ranks. East China's Jiangsu, Zhejiang and Shandong provinces, North China's Beijing Municipality, and Southwest China's Sichuan Province saw higher debt levels. The struggle of Qinghai Provincial Investment Group, a state-backed borrower, to pay bond interest and principal during the past two weeks aroused concern among its investors. (news.financializer.com). As reported in the news.