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Gavin Newsom, Governor of California, highlights the state's rising economic stature by stating it as the fourth largest economy in the world.
California leads in several sectors, including manufacturing, farming, tech, venture capital investments, and new business starts. According to Newsom, California also hosts the most Fortune 500 companies and boasts the best public higher education system. This recognition underscores the state's significant contributions not only to the national economy but also to the global marketplace, positioning California as a leader in innovation and growth.