Economy, jobs and prices in Shanghai, China: official figures
Shanghai's gross domestic product in 2024 was 5.39 trillion yuan at current prices, the highest of the 36 cities in the yearbook.
How big is the services sector in Shanghai?
Services (the tertiary sector) made up 78.2% of Shanghai's 2024 output (4.22 trillion yuan), 3rd highest of the 36 cities.
Source: National Bureau of Statistics of China · saved copyHow much of the economy of Shanghai is industry?
Industry and construction (the secondary sector) produced 1.16 trillion yuan in Shanghai in 2024, 21.6% of its output, 4th lowest of the 36 cities.
Source: National Bureau of Statistics of China · saved copyHow important is agriculture in Shanghai?
Agriculture, forestry and fishing (the primary sector) produced 10.0 billion yuan in Shanghai in 2024, 0.2% of its output, 2nd lowest of the 36 cities.
Source: National Bureau of Statistics of China · saved copyHow much do people spend in shops in Shanghai?
Retail sales of consumer goods in Shanghai totalled 1.59 trillion yuan in 2024, 2nd highest of the 36 cities.
Source: National Bureau of Statistics of China · saved copyHow much foreign trade does Shanghai do?
Goods exports plus imports through Shanghai came to 4.27 trillion yuan in 2024, 2nd highest of the 36 cities.
Source: National Bureau of Statistics of China · saved copyWhat is the average house price in Shanghai?
New commercial housing sold in Shanghai in 2024 averaged 41,484 yuan per square metre, 2nd highest of the 35 cities in the yearbook's table; new homes (residential) averaged 47,223 yuan per square metre.
Source: National Bureau of Statistics of China · saved copyHow many new homes were sold in Shanghai in 2024?
Sales of new commercial housing in Shanghai covered 16.57 million square metres of floor area in 2024 (13.57 million of it residential), 5th highest of the 35 cities.
Source: National Bureau of Statistics of China · saved copyHow much is invested in property development in Shanghai?
Real estate development investment completed in Shanghai in 2024 was 622.9 billion yuan, of which 368.7 billion yuan went into housing, the highest of the 35 cities for total investment.
Source: National Bureau of Statistics of China · saved copyHow polluted is the air in Shanghai?
The average concentration of fine particles (PM2.5) in Shanghai in 2024 was 28 micrograms per cubic metre (joint 8th lowest of the 31 major cities for PM2.5; lower means cleaner air); preliminary yearbook figure.
Source: National Bureau of Statistics of China · saved copyHow many days of good air does Shanghai have?
Air quality in Shanghai was at or better than the national grade II standard on 323 days of 2024 (12th highest of the 31 major cities); preliminary yearbook figure.
Source: National Bureau of Statistics of China · saved copyHow Shanghai compares with other cities in China
GDP, current prices (2024)
Shanghai ranks 1 of 4, highest first.
| Rank | City | GDP, current prices |
|---|---|---|
| 1 | Shanghai | 5,393 billion yuan |
| 2 | Beijing | 4,984 billion yuan |
| 3 | Chongqing | 3,219 billion yuan |
| 4 | Tianjin | 1,802 billion yuan |
Services share of GDP (2024)
Shanghai ranks 2 of 4, highest first.
Source: National Bureau of Statistics of China · saved copyRetail sales of consumer goods (2024)
Shanghai ranks 2 of 4, highest first.
| Rank | City | Retail sales of consumer goods |
|---|---|---|
| 1 | Chongqing | 1,619 billion yuan |
| 2 | Shanghai | 1,587 billion yuan |
| 3 | Beijing | 1,409 billion yuan |
| 4 | Tianjin | 413 billion yuan |
Goods exports plus imports (2024)
Shanghai ranks 1 of 4, highest first.
| Rank | City | Goods exports plus imports |
|---|---|---|
| 1 | Shanghai | 4,271 billion yuan |
| 2 | Beijing | 3,608 billion yuan |
| 3 | Tianjin | 813 billion yuan |
| 4 | Chongqing | 715 billion yuan |
Average price of new commercial housing (yuan per square metre) (2024)
Shanghai ranks 1 of 4, highest first.
| Rank | City | Average price of new commercial housing (yuan per square metre) |
|---|---|---|
| 1 | Shanghai | 41,484 yuan/m² |
| 2 | Beijing | 31,976 yuan/m² |
| 3 | Tianjin | 14,819 yuan/m² |
| 4 | Chongqing | 6,898 yuan/m² |
More on Shanghai: overview · government budget · all cities in China
Sources
- National Bureau of Statistics of China: China Statistical Yearbook 2025, table 8-16: Air quality in major cities (2024, preliminary), read 28 October 2026 · saved copy (SHA-256 2f0d77d6be63…)
- National Bureau of Statistics of China: China Statistical Yearbook 2025, table 25-2: Main indicators of provincial capitals and cities with independent planning authority (2024), read 28 October 2026 · saved copy (SHA-256 dbc74da5294a…)
- National Bureau of Statistics of China: China Statistical Yearbook 2025, table 19-16: Main indicators of real estate in 35 large and medium-sized cities (2024), read 28 October 2026 · saved copy (SHA-256 e93821946bca…)
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