Hangzhou surpassed Beijing and Shanghai in terms of GDP per capita. Beijing was the most active city compared with Shanghai, Shenzhen, and Hangzhou. Beijing has invested the most in fixed assets while Shenzhen is the fastest-growing one.
Shanghai’s GDP exceeds RMB 3 trillion mark for the first time according to the economic data of 2017, stabilizing its No. 1 position of China cities. More importantly, it brings spillover effects to Yangtze River Delta and surrounding areas. Due to Bin Hai new town’s GDP contribution, Tianjin’s economic growth in 2017 was cut and […]
Chengdu, Chongqing, Guiyang, Shenzhen, and Nanjing rank on top of the Milken Institute’s Best-Performing Cities (BPC) China’s top 10 performing cities list (tier-1 and tier-2 cities) while Nantong, Bengbu, and Foshan are the top 3 in the tier-3 cities group.
Shenzhen: An outlier in spending habits Shenzhen, despite having among the highest per capita incomes in China, and the third-highest disposable income per capita has significantly lower consumer spending than other first-tier cities. In 2017, Shenzhen’s per capita disposable income rose to 27,505 yuan (US$4,232); this is second only to Shanghai and Beijing among all Chinese cities, […]
China’s gross domestic product (GDP) reached 67.6708 trillion yuan (US$10.2872 trillion) with an increase of 6.9% YoY in 2015. The growth rate hit a record low since 1990 according to National Bureau of Statistics.
Alibaba Ali Institute and Chinese Academy of Information Technology jointly started “E-Commerce Development Index” research in 2010. This year, Ali Institute studies 294 cities and released “China’s Top 100 Best E-Commerce Cities 2013” report.
A recently released Shenzhen Internet Development Research Report demonstrates that, Internet penetration in Shenzhen reached 76.8% and there are 7.97 million netizens there. This penetration rate is quite close with that of Japan, whose penetration is the highest in the world. The internet penetrations of Beijing, Shanghai and Guangzhou are 70.3%, 66.2% and 72.9%, respectively. […]