15 Chinese cities surpass 20,000$ in per capita GDP in 2018

[beijingwalker]

15 Chinese cities surpass 20,000$ in per capita GDP in 2018

 

[beijingwalker]

It's more of exchange rate than real productivity, if China let RMB freely ccnvertible, dollar based GDP per capita can increase dramatically.

 

[ILC]

I would appreciate if you could translate cities, to English

 

[beijingwalker]

Beijing ranks 11, Shanghia ranks 14. Hong kong and Macau are not included.

 

[Mista]

Beijing Shanghai are still the most economically advanced with the highest wages.

 

[Suika]

I would appreciate if you could translate cities, to English

Here you go.

 

[cirr]

Where are HK and Macau?

Macau is like 100000 USD per capita GDP in 2018?

 

[Edison Chen]

Ordos and Donying - natural resources oriented cities should be removed.

Still far behind U.S., but China, a country of 1.4 billion people, has a GDP per capital nearly $10,000 in 2018, that's a huge progress.

 

[Mista]

Where are HK and Macau?

Macau is like 100000 USD per capita GDP in 2018?

Macau is literally a casino economy lol. Macau's median household income is actually slightly lower than HK despite having 2x the GDP per capita.

Ordos and Donying - natural resources oriented cities should be removed.

That's why I prefer using median household income/wages over GDP per capita to measure economic advancement, if possible.

The numerator (total GDP) can be distorted such as in the cases of Ordos and Macau.

The denominator (population) can also be distorted in the cases of Luxembourg and Shenzhen.

Luxembourg don't include workers from neighboring countries in their population, but the output is included. Output and population should be treated the same.

Shenzhen's population, some put it at 12m, some put it at 20m.

https://kknews.cc/zh-hk/news/9nve6mj.html
http://finance.sina.com.cn/china/2016-11-16/doc-ifxxsmic6413517.shtml