Chart and table of population level and growth rate for the Shanghai, China metro area from 1950 to 2025.

By 2035, over 34 million people are projected to call Shanghai home. To reduce this number, the Chinese Government implemented population controls for the city in 2017 which aimed to limit the population living in the administrative area of Shanghai municipality to just around 25 million people in 2035.

Megacity – Shanghai

As China’s cities become increasingly urbanized, the demographic of this megacity has also changed considerably over the years, with more and more Chinese locals and foreigners opting to dwell in Shanghai for work and cultural opportunities. A huge proportion of residents in the city originate from other regions in China. Over 39 percent of the city’s residents are long-term migrants and Shanghai host’s many foreigners and expats.

A global financial hub as well as the largest city by population, Shanghai is located on China’s central coast, making it an ideal location to accommodate the world’s busiest container port. The economic contribution of the city to China is significant - Shanghai’s gross domestic product contribution amounted to almost 4.7 trillion yuan in 2023. Despite recent restrictions to land made available for construction, the value of investment in real estate development in Shanghai has continued to increase. To mitigate the effects of its high population, the city has stated it will intensify environmental protection measures.

According to official figures, around 24.8 million permanent residents were living in the administrative area of Shanghai municipality in 2024. This was 71,900 people less than in the previous year. Population development in Shanghai During the economic reform and opening-up period, Shanghai’s population more than doubled and reached 24.5 million in 2013. However, the limits of demographic growth in Chinese megacities became increasingly apparent since the beginning of the 21st century. In 2017, the Shanghai municipal government planned to limit Shanghai's population and to keep the population within the 25 million-threshold until 2035. As a result, the total population has remained relatively stable since 2013. Furthermore, inhabitants are unevenly distributed across the city districts, with the central urban areas having population densities of around 20,000 people or more per square kilometer. Current demographic shifts Under the conditions of restricted demographic inflows, the effect of population aging becomes increasingly apparent in Shanghai. The city traditionally had a low birth rate compared to other regions in China. In recent years, the number of deaths exceeded the number of births, a development that most probably started in 2020. This development is also reflected in the share of people aged 65 and over which increased steadily in recent times. If migration barriers are not lowered, population decrease in Shanghai is likely in the future.

In 2023, about 289 thousand people moved to the Shanghai municipality and got registered there, while 30 thousand registered inhabitants left the city. The growth rate by migration of the registered population in the Shanghai municipality was 1.71 percent in 2023.

Unemployment Rate in China decreased to 5 percent in May from 5.10 percent in April of 2025. This dataset provides - China Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

As of 2023, the bulk of the Chinese population was aged between 25 and 59 years, amounting to around half of the population. A breakdown of the population by broad age groups reveals that around 61.3 percent of the total population was in working age between 16 and 59 years in 2023. Age cohorts below 25 years were considerably smaller, although there was a slight growth trend in recent years. Population development in China Population development in China over the past decades has been strongly influenced by political and economic factors. After a time of high fertility rates during the Maoist regime, China introduced birth-control measures in the 1970s, including the so-called one-child policy. The fertility rate dropped accordingly from around six children per woman in the 1960s to below two at the end of the 20th century. At the same time, life expectancy increased consistently. In the face of a rapidly aging society, the government gradually lifted the one-child policy after 2012, finally arriving at a three-child policy in 2021. However, like in most other developed countries nowadays, people in China are reluctant to have more than one or two children due to high costs of living and education, as well as changed social norms and private values. China’s top-heavy age pyramid The above-mentioned developments are clearly reflected in the Chinese age pyramid. The age cohorts between 30 and 39 years are the last two larger age cohorts. The cohorts between 15 and 24, which now enter childbearing age, are decisively smaller, which will have a negative effect on the number of births in the coming decade. When looking at a gender distribution of the population pyramid, a considerable gender gap among the younger age cohorts becomes visible, leaving even less room for growth in birth figures.

Japan’s largest city, greater Tokyo, had a staggering 37.19 million inhabitants in 2023, making it the most populous city across the Asia-Pacific region. India had the second largest city after Japan with a population consisting of approximately 33 million inhabitants. Contrastingly, approximately 410 thousand inhabitants populated Papua New Guinea's largest city in 2023. A megacity regionNot only did Japan and India have the largest cities throughout the Asia-Pacific region but they were among the three most populated cities worldwide in 2023. Interestingly, over half on the world’s megacities were situated in the Asia-Pacific region. However, being home to more than half of the world’s population, it does not seem surprising that by 2025 it is expected that more than two thirds of the megacities across the globe will be located in the Asia Pacific region. Other megacities are also expected to emerge within the Asia-Pacific region throughout the next decade. There have even been suggestions that Indonesia’s Jakarta and its conurbation will overtake Greater Tokyo in terms of population size by 2030. Increasing populationsIncreased populations in megacities can be down to increased economic activity. As more countries across the Asia-Pacific region have made the transition from agriculture to industry, the population has adjusted accordingly. Thus, more regions have experienced higher shares of urban populations. However, as many cities such as Beijing, Shanghai, and Seoul have an aging population, this may have an impact on their future population sizes, with these Asian regions estimated to have significant shares of the population being over 65 years old by 2035.

According to the Hurun Global Rich List 2025, the city with the highest number of billionaires in 2025 was New York. In detail, *** billionaires resided in the American city. Furthermore, ** billionaires lived in London, while Shanghai had a billionaire population of ** individuals. New York was the only city in the world with more than 100 billionaires that year. Mega-cities of the world A large number of the world’s billionaires are concentrated in a select number of the world’s mega-cities. This has as much to do with the location of their wealth, business interests, and further earning potential, as does the quality of life in those cities. A look at the most significant industries in the global billionaire production line helps to explain the prominence of the traditional capitals of global business including New York, London and Hong Kong. The place of many Chinese cities on the list can in part be explained by the strong performance of industrial conglomerates from the country in recent years. Economic growth in China While New York is the city with the highest number of billionaires, China now boasts the most billionaires of any country in the world. However, ***** of the top ten wealthiest billionaires still came from the United States as of 2025.