The economy of the People's Republic of China, described as socialism with Chinese characteristics since the 12th National Congress of the Communist Party of China in 1982, is a mixed socialist market economy which is composed of state-owned enterprises and domestic and foreign private businesses and uses economic planning. The income generated by state-owned enterprises accounted for about 40% of China's GDP of USD 14.4 trillion in 2019, with domestic and foreign private businesses and investment accounting for the remaining 60%.As of the end of 2019, the total assets of all China's SOEs, including those operating in the financial sector, reached USD 78.08 trillion.Ninety-one (91) of these SOEs belong to the 2020 Fortune Global 500 companies.Direct foreign investment in China, which totaled about USD 1.6 trillion as of the end of October 2016, directly and indirectly contributed about one-third of China's GDP and a quarter of jobs there. As of the end of June 2020, FDI stock in China reached USD 2.947 trillion, and China's outgoing FDI stock stood at USD 2.128 trillion. Total foreign financial assets owned by China reached USD 7.860 trillion, and its foreign financial liabilities USD 5.716 trillion, making China the second largest creditor nation after Japan in the world


Richest provinces in China by GDP

1 Guangdong
2 Jiangsu
3 Shandong
4 Zhejiang
5 Henan
6 Sichuan
7 Hebei
8 Hubei
9 Hunan
10 Liaoning
11 Fujian
12 Shanghai

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The economy of India is characterised as a middle income developing market economy. It is the world's fifth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP).
 According to the International Monetary Fund (IMF), on a per capita income basis, India ranked 142nd by GDP (nominal) and 124th by GDP (PPP) in 2020.From independence in 1947 until 1991, successive governments promoted protectionist economic policies with extensive state intervention and regulation which is characterised as Dirigism. The end of the Cold War and an acute balance of payments crisis in 1991 led to the adoption of a broad program of economic liberalisation. Since the start of the 21st century, annual average GDP growth has been 6% to 7%, and from 2014 to 2018, India was the world's fastest growing major economy, surpassing China. Historically, India was the largest economy in the world for most of the two millennia from the 1st until 19th century.
These are the 10 richest states in India by GDP
Maharashtra. 
Tamil Nadu. 
Karnataka. ...
Uttar Pradesh. ...
Gujarat. ...
West Bengal. ...
Andhra Pradesh. ...
Kerala
Telangana.
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📌The Indian state Telangana was formed on 2 June 2014 .. so the datas are collected by respect of 33 districts of Telangana