Chart of the Day: Beijing’s GDP Hits 3 Trillion Yuan as Shanghai Remains Biggest Economy
Shanghai remains China’s biggest city by gross domestic product (GDP), with Beijing in the number two spot, city-level GDP data shows.
While there was no year-on-year change to the rankings of China’s largest ten economies in 2018, Beijing became the country’s second city to exceed a GDP of 3 trillion yuan ($447 billion).
Shanghai’s GDP climbed 6.6% to 3.27 trillion yuan in 2018, meaning it now accounts for 3.63% of China’s overall GDP of 90.03 trillion yuan. The local GDP per capita exceeded $20,000, according to Shanghai Mayor Ying Xiong.
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