The city's advantageous geographical location endows it with favorable conditions for agricultural development. Key quotes. In 2018, Shanghai's GDP topped RMB 3.2 trillion, up 6.6% from the previous year, and Shanghai's per capita GDP exceeded USD 20,000, reaching the standard of developed economies for the first time. In 2018, Shanghai created 582,000 new jobs, and the urban registered unemployment rate was at 3.6 percent. Shanghai's latitude is about 32° N, which is about the same as San Diego, California and Cairo, Egypt. This page provides - China Consumer Spending - actual values, historical data, forecast, chart, statistics, economic … Per capita disposable income climbed 3.8 percent and 5.2 percent among urban and rural residents, Gong said. Value added in the primary industry dropped 9.5 percent, while growth in secondary and tertiary industries was 5.8 percent and 7.5 percent, respectively. All figures are given in the national currency, renminbi (CNY), and in USD at nominal values according to recent exchange rates as well as according to purchasing power parity (PPP). Except for Gansu and Heilongjiang, the remaining provinces all exceeded US$6,000. World Bank national accounts data, and OECD National Accounts data files. Agriculture. “China's Q4 GDP growth may accelerate to 6.6% from 4.9% in Q3 as the November PMI recorded 52.1, up 0.7 points from October … For comparison purposes, this article also displays the GDPs of Taiwan, which is administered by the Republic of China and not the People's Republic of China, and the special administrative regions (SARs) of Hong Kong and Macau, which maintain separate economic systems and currencies. The definition of GDP per capita is calculated by dividing GDP over a country's population, so that the number represents the value attributed to each individual person. The city set the goal of attaining a growth rate of 6 to 6.5 percent in 2019. In 2018, Shanghai created 582,000 new jobs, and the urban registered unemployment rate was at 3.6 percent. China's GDP per capita is expected to reach 10,000 U.S. dollars in 2019, Chinese President Xi Jinping said on December 31 when delivering a New Year speech in Beijing. GDP-2019 is a preliminary data, and GDP-2018 is a revision based on the 2018 CASEN: The average rate of Chinese yuan to US dollar in 2019 is according to the, the historical PPP GDP figures of Mainland China and exchange rates of Chinese yuan to Int'l. In 2020, GDP for China was 15,222.16 billion US dollars. Shanghai's GDP rose from 2.69 trillion yuan (about 415 billion U.S. dollars) in 2015 to 3.87 trillion yuan in 2020, with per capita GDP exceeding 23,000 U.S. dollars. Gunangzhou's per capita GDP reached $22,700, taking the ninth spot. Data knows Shanghai - City’s GDP in 2020 stands at 3.87 trillion yuan, or 59.71 billion US dollars, a 1.7% percent rise compared with 2019, despite the pandemic. Shanghai's GDP rose from 2.69 trillion yuan (about 415 billion U.S. dollars) in 2015 to 3.87 trillion yuan in 2020, with per capita GDP exceeding 23,000 U.S. dollars. Per capita GDP of Shanghai citizens exceeded 20,000 U.S. dollars on average for the first time in 2019, which is in the global middle field and well above the average in East Asia. About China GDP Constant Price YoY Gross domestic product (GDP) measures the final market value of all goods and services produced within a country. Its import and export volume also increased by 2.3% year on year, while its retail sales of consumer goods in 2020 stood at RMB 1.59 trln (about USD 246 bln), up 0.5% year on year and ranking first among Chinese cities. The average number of newly registered enterprises per working day is 1,332. China’s Shanghai Index settled at 3596.22, up 29.85 or -0.84% and Australia’s S&P/ASX 200 closed at 6663.00, down 52.40 or 0.78%. Bihar VS Jharkhand State … Ying said Shanghai has maintained sustainable and high-quality economic growth. [1], Historical GDP per capita of Hong Kong SAR. World Economics makes available of world’s most comprehensive GDP database covering over 130 countries with historical GDP PPP data from 1870-2019, building on the lifetimes work of Angus Maddison. The Canadian dollar has had a topsy-turvy 24 hours. The description is composed by our digital data assistant. He noted that Shanghai's economy is showing an upward trend. All Rights Reserved. Your password has been changed successfully. Shanghai’s GDP climbed 6.6% to 3.27 trillion yuan in 2018, meaning it now accounts for 3.63% of China’s overall GDP of 90.03 trillion yuan. ICP备案(增值电信业务经营许可证 沪B2-20050348号 互联网视听节目服务(AVSP):沪备2014002 沪ICP备14015572号-8 沪公网安备31010602000015号), By signing up，you agree to our Terms，Privacy Policy. History. In 2018, Shanghai created 582,000 new jobs, and the urban registered unemployment rate was at 3.6 percent. In 1995, the GDP per capita of Beijing, Tianjin and Shanghai reached more than 1,000 US dollars; by 2000, there were 10 provinces with GDP per capita exceeding 1,000 US dollars, of which Beijing, Tianjin and Shanghai exceeded 2,000 US dollars. Label. Beijing’s GDP hit 3 trillion yuan, growing 6.6% year-on-year. Shanghai’s GDP Rose 1.7% to USD597 Billion in 2020, Mayor Says. Consumer Spending in China increased to 385895.60 CNY HML in 2019 from 348209.60 CNY HML in 2018. Shanghai became the first city to hit 1 trillion yuan annual GDP on the Chinese mainland in 2006. Resetting your password will log you out of all your active Yicai Global sessions. Per capita disposable income rose 2.1 percent to CNY32,189 after factoring out price factors. In the past year, Shanghai witnessed new momentum from emerging industries and the digital economy. The per capita GDP contribution of Shanghai amounted to around 157,300 yuan in 2019, up from 135,000 yuan in the previous year.