Per capita GDP of Shanghai, China 2010-2019

The per capita GDP contribution of Shanghai amounted to around 157,300 yuan in 2019, up from 135,000 yuan in the previous year. Shanghai is one of the largest cities in China. In terms of GDP in 2019, it was also the Chinese city with the largest GDP contribution, followed by Beijing and Shenzhen.

Economy of Shanghai

Shanghai’s GDP growth rate decreased to 6.0 percent in 2019, while the economic growth of the whole country slowed down. However, as the leading city in the Yangtze River Delta Economic Zone, it’s still one of the most active cities for business and trade in China. While the share of the industrial sector in Shanghai’s GDP continues to shrink, the city’s economy is becoming increasingly reliant on the service sector. In 2013, the first free-trade zone in Mainland China was launched in Shanghai, making Shanghai play an essential role in China’s economic reforms. A friendlier investment environment, less tax burdens and a more open financial market for foreign companies were expected to be promoted there.

Living in Shanghai

Shanghai became world famous when it was recognized by the Europeans in the 19th century for its economic potential as an important harbor city. Today, it is still one of the most open and active cities in China. Migration from across China and other countries makes Shanghai a melting pot of different cultures, which can also be found in its diverse catering industry. In terms of housing prices, it’s one of the most expensive cities in China. Still, the colorful life and plentiful opportunities are attracting numerous young people to come to the city for study and work.

Per capita gross domestic product (GDP) of Shanghai, China from 2010 to 2019

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Sources

Release date

March 2020

Region

Asia, China

Survey time period

2010 to 2019

Supplementary notes

Note: 1 yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of April 2020).
Figures are based on the number of permanent residents living in the Shanghai municipality.
Value has been rounded.
Previous figures until 2016 were taken from the national China Statistical Yearbook series.

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