As of 2018, its nominal GDP was US$849 billion (CN￥ 5.62 trilion), about 6.24% of the country's GDP and ranked 4th among province-level administrative units; the province's primary, secondary and tertiary industries were worth CN￥196.70 billion (US$29.72 billion), CN￥2.3506 trillion (US$355.22 billion) and CN￥3.0724 trillion (US$464.29 billion) respectively. Its nominal GDP per capita was US$14,907 (CN￥98,643) and ranked the 5th in the country. The private sector in the province has been playing an increasingly important role in boosting the regional economy since Economic Reform in 1978.[1]