Economy of Beijing

The economy of Beijing ranks among the most developed and prosperous cities in China. In 2013, the municipality's nominal gross domestic product (GDP) was CN¥1.95 trillion (US$314 billion). It was about 3.43% of the country's total output, and ranked 13th among province-level administrative units. Per capita GDP, at CN¥93,213 (US$15,051) in nominal terms and Int $21,948 at purchasing power parity, was 2.2 times the national average and ranked second among province-level administrative units.

As of 2021, Beijing's gross regional products was CN¥4 trillion ($965 billion in GDP PPP), ranking among the 10th largest metropolitan economies in the world. Beijing's nominal GDP is projected to reach US$1.1 trillion in 2035, ranking among the top 10 largest cities in the world (together with Shanghai, Guangzhou and Shenzhen in China) according to a study by Oxford Economics, and its nominal GDP per capita is estimated to reach US$45,000 in 2030.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.