Shanghai, Beijing, Shenzhen, and Guangzhou are the top four Chinese cities by GDP in 2020. Nanjing surpassed Tianjin for the first time, and Hangzhou surpassed Wuhan for the first time.
The number of cities with trillion-yuan GDP has increased to 23, and Suzhou has become the sixth city to break through the 2 trillion. Dongguan is one step away from the trillion-GDP club, followed by Yantai in Shandong Province and Changzhou in Jiangsu Province, with a GDP of more than 780 billion last year.
Of the 23 cities with over trillion-yuan GDP, 8 belong to the Yangtze River Delta urban agglomeration, and 8 of the 9 cities in the Pearl River Delta have entered the top 100 list.
In addition to economic growth, population growth is also an important factor in the vitality of urban development.
At present, among the top ten Chinese cities by GDP in 2020, only Nanjing has less than 10 million permanent residents.
List of Top 50 Cities in China by GDP
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Top Chinese Cities by GDP 2019
China’s gross domestic product (GDP) for the first quarter declined by 6.8% year on year and grew by 3.2% in Q2 2020 according to China’s National Bureau of Statistics. The GDP in Q2 grew by 11.5% quarter on quarter.
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