Global EditionASIA 中文双语Français
Business
Home / Business / Macro

Beijing, Shanghai in world's top 10 wealthiest cities

By Yang Yang | chinadaily.com.cn | Updated: 2019-10-14 13:11
A bird view of Beijing's central business district, which is home to the headquarters of a great number of companies on the Fortune Global 500. [Photo/VCG]

China's capital city Beijing and financial center Shanghai ranked among the top 10 wealthiest cities worldwide in 2019, according to a report by wealth study company New World Wealth.

Beijing grabbed the fifth place on the list with a total wealth of $2.1 trillion and Shanghai took the sixth spot with total wealth amounting to $1.9 trillion.

Landing in the same position as last year, China's Hong Kong remained eighth on the list, in which New York City claimed the crown with $3 trillion in total wealth as well as 65 billionaires and over 380,000 millionaires.

Tokyo came in second with a total wealth of $2.5 trillion, followed by the San Francisco Bay Area and London, both of which held $2.4 trillion in total wealth.

Dubbed the "High-tech Capital of China", Shenzhen, located in South China's Guangdong province, came in 20th on the list with a total wealth of $750 billion.

The "total wealth" mentioned in the report refers to private wealth held by all individuals including property, cash, equities and business interests. Government funds were excluded from the figures, which were for June this year.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US