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What is the GDP of Shanghai in 2020?

What is the GDP of Shanghai in 2020?

¥3.87 trillion
Shanghai

Shanghai 上海市
Nominal GDP 2020
– Total ¥3.87 trillion $608 billion
– Per Capita ¥157,279 $24,700
– Growth 6.0\%

What is the GDP of Shanghai?

GDP: Shanghai data was reported at 3,870.058 RMB bn in 2020. This records an increase from the previous number of 3,798.755 RMB bn for 2019.

When was China’s GDP per capita at its lowest?

GDP per capita in China averaged 2456.45 USD from 1960 until 2020, reaching an all time high of 10430.73 USD in 2020 and a record low of 163.91 USD in 1962.

Which city in China has the highest GDP?

Methodology

  • Shanghai is the biggest city by GDP in China.
  • Beijing is the second biggest Chinese city in terms of GDP.
  • Shenzhen, in Guangdong province, is the third biggest Chinese city in GDP terms.
  • Guangzhou, also in Guangdong province, is the fourth largest city in China in economic terms.
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What is the GDP per capita of Shanghai?

around 155,800 yuan
The per capita GDP contribution of Shanghai amounted to around 155,800 yuan in 2020, down from 156,600 yuan in the previous year. Shanghai is one of the largest cities in China. In terms of GDP in 2020, it was also the Chinese city with the largest GDP contribution, followed by Beijing and Shenzhen.

Is Shanghai the biggest city in China?

Shanghai was the largest city in China in 2020, followed by Beijing with around 20 million inhabitants.

What is the city of Shanghai?

Shanghai, also spelled Shang-hai, city and province-level shi (municipality), east-central China. It is one of the world’s largest seaports and a major industrial and commercial centre of China.

Why is China’s GDP per capita so low?

Mark Perry points out that while China has a large GDP, it’s GDP per capita is still relatively low due to its large population (1.33 billion people). Per capita GDP measures how affluent the average citizen is, while total GDP measures what one might call “[economic] super power” status.

Which state has highest GDP in China?

2020

preliminary estimation; average rate: CN¥ 6.9 per U.S. dollar)
Provinces Rank Nominal GDP (US$)
China (mainland) 14,729.99
Guangdong 1 1,605.84
Jiangsu 2 1,489.24
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What is the GDP per capita of Beijing?

around 164,900 yuan
In 2020, the gross domestic product (GDP) per capita of Beijing municipality amounted to around 164,900 yuan, up from 164,600 yuan in the previous year. Beijing is the capital city of China and after Shanghai the second largest city in the country.

What does per capita basis mean?

Per capita is a term used in economic and statistical analysis that means per person. Per capita is used when comparing a certain economic metric to a population. The most common instances of per capita are gross domestic product (GDP) per capita and income per capita.

Why is Shanghai the largest city in China?

Largest City of China – Shanghai Based on population of total administrative area, Shanghai is the second largest of the four direct-controlled municipalities of China, behind Chongqing, but is generally considered the largest city in China because Chongqing’s urban population is much smaller.

What is the per capita GDP of Shanghai?

The per capita GDP contribution of Shanghai amounted to around 135,000 yuan in 2018, up from 124,600 yuan in the previous year. Shanghai is one of the largest cities in China. In terms of GDP in 2018, it was also the Chinese city with the largest GDP contribution, followed by Beijing and Shenzhen.

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Why is Shanghai the richest city in China?

It is regarded as the center of Yangtze River Delta economic circle, the richest mega city cluster per capita in China. With the highest GDP of any mainland Chinese city and half of its economic activity contributed by non-public enterprises, Shanghai is an economically vibrant and popular destination for private and foreign investment.

What are the biggest cities in China?

Shanghai is one of the largest cities in China. In terms of GDP in 2018, it was also the Chinese city with the largest GDP contribution, followed by Beijing and Shenzhen. Shanghai’s GDP growth rate decreased to 6.6 percent in 2018, while the economic growth of the whole country slowed down.

Where is Shanghai located in China?

Located at the mouth of the Yangtze River on China’s east-central coast, Shanghai is surrounded by Jiangsu and Zhejiang provinces to the north, west, and south, and the East China Sea to the east. It is regarded as the center of Yangtze River Delta economic circle, the richest mega city cluster per capita in China.