1.Shanghai:
Number of GDP: 472 trillion yuan
Year-over-year growth percentage: +50%
Reason: As China's economic center, Shanghai has attracted a large number of domestic and foreign investment and talents, and has developed financial, first-class and service industries. In addition, Shanghai actively promotes scientific and technological innovation and entrepreneurship, attracting a large number of innovative enterprises and R&D institutions.
2.Beijing:
Number of GDP: 438 trillion yuan
Year-over-year growth percentage: +52%
Why: As the capital of China, Beijing has abundant resources of state-level institutions, large enterprises and universities. Beijing has a prominent position in the fields of finance, science and technology, culture and education, and has attracted a large number of investment and talents.
3.Shenzhen:
Number of GDP: 406 trillion yuan
Year-over-year growth percentage: +60%
Reason: As China's innovation and technology hub, Shenzhen has an active entrepreneurial environment and a good market foundation. Shenzhen has strong strengths in industries such as information technology, electronics manufacturing, finance and logistics, attracting a large number of innovative enterprises and talents.
4.Guangzhou:
Number of GDP: 304 trillion RMB
Year-over-year growth percentage: +46%
Reason: Guangzhou, as an important port city in southern China, has a developed manufacturing industry and rich business resources. Guangzhou has competitive advantages in international logistics, finance and tourism.
5.Chongqing:
Number of GDP: 301 trillion yuan.
Year-over-year growth percentage: +61%
Reason: Chongqing, as the central city of western China, has exerted its geographical advantages and the influence of inland opening policies. Chongqing is dominated by manufacturing and transportation and logistics, while strengthening the development of finance, tourism and cultural industries.
6.Suzhou:
Number of GDP: 247 trillion yuan
Year-over-year growth percentage: +46%
Reason: As an important city in Jiangsu Province, Suzhou is dominated by manufacturing and service industries. Suzhou has significant advantages in high-tech industries, scientific and technological innovation, and cultural tourism, attracting a large amount of investment and talent.
7.Chengdu:
Number of GDP: 221 trillion yuan
Year-over-year growth percentage: +60%
Reason: As an important city in western China, Chengdu has a vast market and a superior geographical location. Chengdu has developed rapidly in manufacturing, modern service industries and cultural and creative industries, attracting a large amount of investment and talent.
8.Hangzhou:
Number of GDP: 201 trillion yuan.
Year-over-year growth percentage: +56%
Reason: As the capital city of Zhejiang Province, Hangzhou is dominated by the digital economy and the Internet industry, and has an active entrepreneurial environment and innovation resources. Hangzhou has a great influence in the fields of e-commerce, Internet technology, culture and creativity, and has attracted the development and investment of many well-known technology enterprises and creative industry companies. In addition, Hangzhou has a beautiful natural environment and a long history and culture, which attracts a large number of tourists and culture lovers. All these factors have provided stable support for Hangzhou's economic growth.
9.Wuhan:
Number of GDP: 200 trillion yuan.
Year-over-year growth percentage: +57%
Why: As the capital city of Hubei Province, Wuhan has a well-developed manufacturing, transportation, and logistics industry. Wuhan's automobile manufacturing, steel, biomedicine and electronic information fields are relatively large and competitive, attracting a large amount of investment and talent. At the same time, Wuhan is also actively promoting innovation and scientific and technological research and development to promote sustained economic growth.
10.Nanjing:
Number of GDP: 174 trillion yuan.
Year-over-year growth percentage: +46%
Reason: As the capital city of Jiangsu Province, Nanjing has excellent transportation and location conditions, and has developed manufacturing, service and modern service industries. Nanjing has strong strength in the fields of automobile manufacturing, electronic information, finance and cultural creativity, attracting a large amount of investment and talents. Nanjing's innovation and technological development has also contributed to economic growth.