Home > Statistics

Wuxi ranks 2nd among Chinese cities by per capita GDP

Updated : 2020-04-26
(wuxinews.com.cn)

1.jpg

Wuxi, Jiangsu province [Photo/IC]

The per capita GDP of 14 cities in China reached $20,000 in 2019, with Shenzhen, Wuxi and Suzhou taking the top three spots, according to 21st Century Business Herald.

Per capita GDP is an important indicator of a region's economic wellbeing. Shenzhen, the first city in China to record per capita GDP hitting $10,000 in 2007, took only six years to double the number to $22,112 in 2013, and retained its crown in 2019 with country's highest per capita GDP at $29,498. GDP of $20,000 is generally regarded as a threshold for a developed economy.

Wuxi in East China's Jiangsu province saw per capita GDP of $26,100, ranking second in the list and empowered by strong manufacturing industry pushing.

According to 21st Century Business Herald, per capita GDP is not only related to the total economic volume and the number of employees, but also is closely tied to industrial structure. The higher the added value industry can generate, the higher the per capita output will be.

8.03K
Videos
 
微信图片_20220428131948.jpg

In pics: A salute to all workers out there

y1.jpg

​Time to admire cherry blossoms in Wuxi

n1.jpg

Birds and blossoms herald early spring in Wuxi

s1.jpg

Blooming plums in Wuxi

News
Sports
Videos
Photos
Business
Biz Updates
Industries
Development Zones
Companies
Travel
Attractions
Dining
Accommodation
Shopping
Entertainment
Transportation
Maps
Culture
Culture News
Heritage
Museums
Events
Services
Visa
Marriage
Healthcare
Jobs
Education
Useful Info
Government
Mayor
Departments
Districts
Policies
About
Overview
Statistics
Sister Cities
E-books
Copyright © China Daily. All rights reserved.
The Information Office of Wuxi Municipal People's Government.
Presented by China Daily.