Beijing's GDP exceeds 3t yuan ($447 billion) for the first time

[TaiShang]

Beijing's GDP exceeds 3t yuan for the first time

By Wang Junwei | chinadaily.com.cn | Updated: 2019-02-01

A night view of the central business district in Beijing, Jan 30, 2019. [Photo/Xinhua]

Beijing for the first time saw its GDP surpass 3 trillion yuan ($447 billion), reaching 3.03 trillion yuan in 2018, following Shanghai, which topped the list of GDP among Chinese cities at 3.27 trillion yuan. Both of these cities registered a 6.6 percent year-in-year growth in GDP based on comparable prices, official data showed.

Shenzhen, the third on the list, saw its GDP hit 2.4 trillion yuan, an increase of about 7.5 percent compared with a year earlier, making it among the top five Asian cities in economic aggregate, said Shenzhen's Mayor Chen Rugui.

Guangzhou, another major contributor to Guangdong's GDP apart from Shenzhen, took the fourth place, with an estimated regional GDP of 2.3 trillion yuan, a year-on-year increase of about 6.5 percent.

Among the top 10 China's cities in GDP, cities in central and west still lead the growth rate, said news outlet yicai.com. Chengdu and Wuhan were in close competition with GDP of 1.53 trillion yuan and 1.48 trillion yuan, respectively, and both experienced an 8 percent year-on-year growth.

Overall, most cities maintained a medium-to-high-speed growth rate, though growth rates fell.

Tianjin maintained the same GDP growth rate of 3.6 percent compared with 2017, reaching 1.88 trillion yuan, and Chongqing saw a 6 percent increase to 2.04 trillion yuan, down 3.5 percentage points compared with a year earlier.

The top 10 cities in GDP last year were Shanghai, Beijing, Shenzhen, Guangzhou, Chongqing, Tianjin, Suzhou, Chengdu, Wuhan and Hangzhou.

http://www.chinadaily.com.cn/a/201902/01/WS5c53db6fa3106c65c34e7c76.html

@beijingwalker , @long_

 

[beijingwalker]

What about the per capita, Beijing's GDP per capita is always higher than Shanghai's in recent years.

GDP of Guangdong province is same of Russia and South Korea.

 

[艹艹艹]

Beijing's GDP exceeds 3t yuan for the first time

By Wang Junwei | chinadaily.com.cn | Updated: 2019-02-01

A night view of the central business district in Beijing, Jan 30, 2019. [Photo/Xinhua]

Beijing for the first time saw its GDP surpass 3 trillion yuan ($447 billion), reaching 3.03 trillion yuan in 2018, following Shanghai, which topped the list of GDP among Chinese cities at 3.27 trillion yuan. Both of these cities registered a 6.6 percent year-in-year growth in GDP based on comparable prices, official data showed.

Shenzhen, the third on the list, saw its GDP hit 2.4 trillion yuan, an increase of about 7.5 percent compared with a year earlier, making it among the top five Asian cities in economic aggregate, said Shenzhen's Mayor Chen Rugui.

Guangzhou, another major contributor to Guangdong's GDP apart from Shenzhen, took the fourth place, with an estimated regional GDP of 2.3 trillion yuan, a year-on-year increase of about 6.5 percent.

Among the top 10 China's cities in GDP, cities in central and west still lead the growth rate, said news outlet yicai.com. Chengdu and Wuhan were in close competition with GDP of 1.53 trillion yuan and 1.48 trillion yuan, respectively, and both experienced an 8 percent year-on-year growth.

Overall, most cities maintained a medium-to-high-speed growth rate, though growth rates fell.

Tianjin maintained the same GDP growth rate of 3.6 percent compared with 2017, reaching 1.88 trillion yuan, and Chongqing saw a 6 percent increase to 2.04 trillion yuan, down 3.5 percentage points compared with a year earlier.

The top 10 cities in GDP last year were Shanghai, Beijing, Shenzhen, Guangzhou, Chongqing, Tianjin, Suzhou, Chengdu, Wuhan and Hangzhou.

http://www.chinadaily.com.cn/a/201902/01/WS5c53db6fa3106c65c34e7c76.html

@beijingwalker , @long_

As the capital of China, Beijing's current function is too heavy.
Beijing should give priority to cultural, educational and political centers,
now ，Things are changing in Beijing.

 

[beijingwalker]

As the capital of China, Beijing's current function is too heavy.
Beijing should give priority to cultural, educational and political centers,
now ，Things are changing in Beijing.

Unless you move all the headquarters of government banks and financial administration and supervision institutions out of Bejing, but that's very unlikely.

 

[Mista]

Whatever happened to Tianjin?

 

[oprih]

That's bigger than the gdp of my country and others like vietnam.

 

[beijingwalker]

In China many people don't like Beijing actually because they are not happy with some government policies, but Beijing is Beijing, the Chinese government is the Chinese government, people should not always equate them together.

 

[Adam WANG SHANGHAI MEGA]

With 22.5 millions population, It's GDP should be even more, well glad2 to see Beijing is marking progress year by year.

That's bigger than the gdp of my country and others like vietnam.

Beijing has 22.5 millions population, it should have even higher GDP.

Manila should have higher GDP per capita than the rest of phillipines areas to be normal!
China overall 9900 to 10100USD GDP per capita and Beijing 20000 USD per capita, can not be any normal.
Well,the highest GDP per capita in China is Shenzhen with 30500 USD per capita with 12.5 millions population!

 

[Mista]

With 22.5 millions population, It's GDP should be even more, well glad2 to see Beijing is marking progress year by year.


Beijing has 22.5 millions population, it should have even higher GDP.

Manila should have higher GDP per capita than the rest of phillipines areas to be normal!
China overall 9900 to 10100USD GDP per capita and Beijing 20000 USD per capita, can not be any normal.
Well,the highest GDP per capita in China is Shenzhen with 30500 USD per capita with 12.5 millions population!

Beijing is too big as a city and will should be considered as a metro area rather than as a city.
If we look at the 'core' city (五环内), that's an area of around 668 km2 with a population of around 11 million. It's GDP per capita should be higher than the entire Beijing.

Same goes for Shanghai.