In 2024, the total gross domestic product (GDP) of the Guangdong - Hong Kong - Macao Greater Bay Area amounted to more than *** trillion U.S. dollars. That year, the GDP of the city of Shenzhen alone amounted to around *** billion U.S. dollars, ranking first among cities in the Greater Bay Area. The Greater Bay Area in China The Guangdong - Hong Kong - Macao Greater Bay Area is an economic zone comprised of the two special administrative regions Hong Kong and Macao and nine cities of Guangdong province in mainland China, namely Shenzhen, Guangzhou, Zhuhai, Foshan, Zhongshan, Dongguan, Huizhou, Jiangmen, and Zhaoqing. The concept of the Greater Bay Area has been formulated by the Chinese government to further integrate Macao and Hong Kong into the Chinese mainland and to boost the economy of the cities in the Pearl River Delta. In the 1980s and 1990s, the Pearl River Delta had been one of the prime regions for economic development, but in recent years it has lost ground to the Yangtze River Delta in East China, the largest of the economic macro-regions in China. A development plan for the Greater Bay Area, which was initiated in 2017 and further elaborated thereafter, aims at developing the region into the world's largest and economically most successful Bay Area. GDP development in the Greater Bay Area In 2022, the GDP of the Greater Bay Area cities was still affected by the coronavirus pandemic and decreased slightly in U.S. dollar terms compared to the previous year. However, the development was uneven, with some of the cities on the mainland experiencing strong economic growth, while GDP growth in Hong Kong and Macau still suffered significantly from the pandemic. In 2024, per capita GDP in the Greater Bay Area ranged at about ****** U.S. dollars, which was one of the highest values in China. However, per capita GDP in Hong Kong and Macao is still considerably higher then in the neighboring cities on the mainland.

China GDP: per Capita: Shandong: Laiwu data was reported at 73,005.000 RMB in 2018. This records an increase from the previous number of 65,046.000 RMB for 2017. China GDP: per Capita: Shandong: Laiwu data is updated yearly, averaging 39,649.500 RMB from Dec 2001 (Median) to 2018, with 18 observations. The data reached an all-time high of 73,005.000 RMB in 2018 and a record low of 10,158.010 RMB in 2001. China GDP: per Capita: Shandong: Laiwu data remains active status in CEIC and is reported by Laiwu Municipal Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AE: Gross Domestic Product: Prefecture Level City: per Capita.

GDP: per Capita: Qinghai: Xining data was reported at 54,439.000 RMB in 2018. This records a decrease from the previous number of 54,808.000 RMB for 2017. GDP: per Capita: Qinghai: Xining data is updated yearly, averaging 25,646.500 RMB from Dec 2001 (Median) to 2018, with 18 observations. The data reached an all-time high of 54,808.000 RMB in 2017 and a record low of 5,257.230 RMB in 2001. GDP: per Capita: Qinghai: Xining data remains active status in CEIC and is reported by Xining Municipal Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AE: Gross Domestic Product: Prefecture Level City: per Capita.

In 2024, the gross domestic product (GDP) per capita of Beijing municipality amounted to around ******* yuan, up from ******* yuan in 2015. Beijing is the capital city of China and after Shanghai the second largest city in the country. Per capita GDP development in Beijing Beijing saw an amazingly steady development of per capita GDP over the last decades, with nominal figures roughly doubling over the last ten years and exceeding ****** U.S. dollars for the first time in 2017. When compared on a national provincial and municipal level, Beijing displays the highest per capita GDP figures in China. From a city perspective, only very few Chinese cities indicate per capita GDP values on a comparable or higher level. Compared to other countries in the Asian Pacific region, Beijing’s per capita GDP is in the middle field and still considerably lower than the national average in developed East Asian countries. People’s income situation in Beijing As with per capita GDP, disposable income per person living in Beijing improved steadily over time. Real growth rates of disposable income slowed down in recent years but still indicated a robust positive development. Although overall consumer price inflation was consistently low in Beijing, prices for housing, child-related services, and eating out exploded over the years, leaving the impression for many lower income families that life in Beijing is no longer affordable.

In 2025, around *** million Chinese tourists took a domestic trip during the Chinese New Year holiday in January and February. This showed an almost *** percent increase in the number of travelers compared to the previous year.The new year wanderlust Lunar New Year in China is a time when families gather to relax and celebrate in their hometown. In the last few years before the COVID-19 pandemic, a new trend of “going out to see the world” has emerged among Chinese consumers. Instead of visiting relatives and friends, more people are eager to explore new places and experience new cultural thrills. Part of the growth is attributed to a rising disposable income, along with rapid economic progression in the country. In 2023, China’s GDP per capita amounted to nearly ****** U.S. dollars, more than a double in a decade. The travel bucket list Sightseeing in Chinese cities is particularly popular during the Spring Festival holiday. The most sought-after options include the warm southern cities, as well as northern snow and ice destinations. Before the pandemic, Sanya and Yunnan were the leading domestic destinations among Chinese high-end travelers during the season. When it comes to outbound travel, New Zealand, Vietnam, and Philippines were the Chinese tourist hot spots, mainly attributed to the warmer weather in these countries.

In 2024, the rate of surveyed unemployment in urban areas of China amounted to approximately 5.1 percent. The unemployment rate is expected to remain at 5.1 percent in 2025 and the following years. Monthly unemployment ranged at a level of around 5.2 percent in the third quarter of 2025. Unemployment rate in China In 2017, the National Statistics Bureau of China introduced surveyed unemployment as a new indicator of unemployment in the country. It is based on monthly surveys among the labor force in urban areas of China. Surveyed unemployment replaced registered unemployment figures, which were often criticized for missing out large parts of the urban labor force and thereby not presenting a true picture of urban unemployment levels. However, current unemployment figures still do not include rural areas.A main concern in China’s current state of employment lies within the large regional differences. As of 2021, the unemployment rate in northeastern regions of China was notably higher than in China’s southern parts. In Beijing, China’s political and cultural center, registered unemployment ranged at around 3.2 percent for 2021. Indicators of economic activities Apart from the unemployment rate, most commonly used indicators to measure economic activities of a country are GDP growth and inflation rate. According to an IMF forecast, GDP growth in China will decrease to about four percent in 2025, after five percent in 2023, depicting a decrease of more than six percentage points from 10.6 percent in 2010. Quarterly growth data published by the National Bureau of Statistics indicated 5.4 percent GDP growth for the first quarter of 2025.

The gross domestic product (GDP) of California was about 4.1 trillion U.S. dollars in 2024, meaning that it contributed the most out of any state to the country’s GDP in that year. In contrast, Vermont had the lowest GDP in the United States, with 45.71 billion U.S. dollars. What is GDP? Gross domestic product, or GDP, is the total monetary value of all goods and services produced by an economy within a certain time period. GDP is used by economists to determine the economic health of an area, as well as to determine the size of the economy. GDP can be determined for countries, states and provinces, and metropolitan areas. While GDP is a good measure of the absolute size of a country's economy and economic activity, it does account for many other factors, making it a poor indicator for measuring the cost or standard of living in a country, or for making cross-country comparisons. GDP of the United States The United States has the largest gross domestic product in the world as of 2023, with China, Japan, Germany, and India rounding out the top five. The GDP of the United States has almost quadrupled since 1990, when it was about 5.9 trillion U.S. dollars, to about 25.46 trillion U.S. dollars in 2022.