Economy of Beijing
From Wikipedia, the free encyclopedia
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.[1] 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.[2]
As of 2021, Beijing's gross regional products was CN¥4 trillion ($965 billion in GDP PPP),[3] ranking among the 10th largest metropolitan economies in the world.[4] 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,[5] and its nominal GDP per capita is estimated to reach US$45,000 in 2030.[6]