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Comparing America's 20 Richest Cities to China's

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The last two decades have marked a period of swift economic advancement in China. From 2001 to 2021, China’s gross domestic product expanded by over 1,200%, soaring from $1.34 trillion to $17.73 trillion in current U.S. dollars. Simultaneously, the percentage of the Chinese populace living in poverty – defined as earning less than $5.50 U.S. dollars daily – dwindled from 86.9% to under 25%..

The momentum in Chinese GDP growth stemmed from a sequence of economic overhauls instigated in 1979. These adjustments led to heightened capital investment and enhancements in efficiency. However, despite positioning itself among the globe’s speediest expanding economies, China remains notably distant from the United States in GDP per capita, one gauge of personal prosperity.

Even in China’s most affluent metropolises, the quality of life significantly trails that of America’s most prosperous cities, although several cities are starting to narrow the gap.

Using data from Sina Finance, the China Statistical Yearbook 2022, and the U.S. Bureau of Economic Analysis, 24/7 Wall St. compared GDP in the 20 wealthiest Chinese and the 20 wealthiest American metropolitan. GDP is expressed in 2021 U.S. dollars. 24/7 Wall St. also calculated GDP per capita for each city.

Each of the 20 wealthiest U.S. cities by GDP has greater overall economic output than its Chinese counterpart, by anywhere from about 21% to nearly 200% higher. Additionally, with only a handful of exceptions, the 20 wealthiest American cities have a smaller population base than the comparably ranked Chinese city. (Here is a look at the richest county in every state.)

As a result, Americans living in the wealthiest U.S. cities are, on average, more prosperous than the Chinese residing in China’s wealthiest cities. Among the 20 U.S. cities on this list, GDP per capita ranges from $45,815 to $210,236. Meanwhile, GDP per capita in the 20 Chinese cities on this list ranges from $17,638 to $65,466. 

Only two of China’s wealthiest cities have a higher GDP per capita than their comparably ranked American metro. Fuzhou, Fujian, the 20th wealthiest city in China, and Wuxi, Jiangsu, the 14th wealthiest Chinese city, have a higher GDP per capita than Riverside-San Bernardino-Ontario, California and Phoenix-Mesa-Chandler, Arizona, the 20th and 14th wealthiest American cities, respectively. (Here is a look at the 27 poorest nations on Earth.)

Click here to see how the richest Chinese cities compare to US.

Click here to read our detailed methodology.

Source: WangAnQi / iStock via Getty Images

20. Fuzhou, Fujian
> GDP, 2021: $175.5 billion – 20th highest in China
> Population, 2021: 3,764,559
> GDP per capita: $46,631

Source: MattGush / iStock via Getty Images

20. Riverside-San Bernardino-Ontario, CA
> GDP, 2021: $213.2 billion – 20th highest in the US
> Population, 2021: 4,653,105
> GDP per capita: $45,815

Source: 4045 / iStock via Getty Images

19. Hefei, Anhui
> GDP, 2021: $176.9 billion – 19th highest in China
> Population, 2021: 4,371,005
> GDP per capita: $40,477

Source: Kruck20 / iStock via Getty Images

19. Baltimore-Columbia-Towson, MD
> GDP, 2021: $223.0 billion – 19th highest in the US
> Population, 2021: 2,838,327
> GDP per capita: $78,556

Source: onlyyouqj / iStock via Getty Images

18. Jinan, Shandong
> GDP, 2021: $177.2 billion – 18th highest in China
> Population, 2021: 5,513,597
> GDP per capita: $32,142

Source: Kruck20 / iStock via Getty Images

18. Denver-Aurora-Lakewood, CO
> GDP, 2021: $253.4 billion – 18th highest in the US
> Population, 2021: 2,972,567
> GDP per capita: $85,246

Source: david eric / Getty Images

17. Foshan, Guangdong
> GDP, 2021: $188.5 billion – 17th highest in China
> Population, 2021: 7,406,751
> GDP per capita: $25,450

Source: SeanPavonePhoto / iStock via Getty Images

17. San Diego-Chula Vista-Carlsbad, CA
> GDP, 2021: $268.0 billion – 17th highest in the US
> Population, 2021: 3,286,069
> GDP per capita: $81,548

Source: xijian / E+ via Getty Images

16. Zhengzhou, Henan
> GDP, 2021: $196.7 billion – 16th highest in China
> Population, 2021: 5,510,341
> GDP per capita: $35,703

Source: pawel.gaul / E+ via Getty Images

16. Detroit-Warren-Dearborn, MI
> GDP, 2021: $283.7 billion – 16th highest in the US
> Population, 2021: 4,365,205
> GDP per capita: $64,982

Source: chuyu / iStock via Getty Images

15. Changsha, Hunan
> GDP, 2021: $205.7 billion – 15th highest in China
> Population, 2021: 4,694,722
> GDP per capita: $43,821

Source: JenniferPhotographyImaging / E+ via Getty Images

15. Minneapolis-St. Paul-Bloomington, MN-WI
> GDP, 2021: $297.0 billion – 15th highest in the US
> Population, 2021: 3,690,512
> GDP per capita: $80,468

Source: ZZ3701 / iStock via Getty Images

14. Wuxi, Jiangsu
> GDP, 2021: $217.0 billion – 14th highest in China
> Population, 2021: 3,315,113
> GDP per capita: $65,466

Source: photoquest7 / iStock via Getty Images

14. Phoenix-Mesa-Chandler, AZ
> GDP, 2021: $316.1 billion – 14th highest in the US
> Population, 2021: 4,946,145
> GDP per capita: $63,906

Source: 4045 / iStock via Getty Images

13. Qingdao, Shandong
> GDP, 2021: $219.1 billion – 13th highest in China
> Population, 2021: 5,742,486
> GDP per capita: $38,160

Source: DenisTangneyJr / iStock via Getty Images

13. San Jose-Sunnyvale-Santa Clara, CA
> GDP, 2021: $410.4 billion – 13th highest in the US
> Population, 2021: 1,952,185
> GDP per capita: $210,235

Source: onlyyouqj / iStock via Getty Images

12. Ningbo, Zhejiang
> GDP, 2021: $226.3 billion – 12th highest in China
> Population, 2021: 4,263,843
> GDP per capita: $53,063

Source: mihtiander / iStock via Getty Images

12. Miami-Fort Lauderdale-Pompano Beach, FL
> GDP, 2021: $417.1 billion – 12th highest in the US
> Population, 2021: 6,091,747
> GDP per capita: $68,478

Source: Liyao Xie / iStock via Getty Images

11. Tianjin, municipality
> GDP, 2021: $243.3 billion – 11th highest in China
> Population, 2021: 13,794,450
> GDP per capita: $17,638

Source: Sean Pavone / iStock via Getty Images

11. Atlanta-Sandy Springs-Alpharetta, GA
> GDP, 2021: $473.8 billion – 11th highest in the US
> Population, 2021: 6,144,970
> GDP per capita: $77,108

Source: xijian / E+ via Getty Images

10. Nanjing, Jiangsu
> GDP, 2021: $253.5 billion – 10th highest in China
> Population, 2021: 9,143,980
> GDP per capita: $27,729

Source: Pgiam / E+ via Getty Images

10. Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
> GDP, 2021: $477.6 billion – 10th highest in the US
> Population, 2021: 6,228,601
> GDP per capita: $76,675

Source: Julien Viry / iStock via Getty Images

9. Wuhan, Hubei
> GDP, 2021: $274.6 billion – 9th highest in China
> Population, 2021: 8,473,405
> GDP per capita: $32,413

Source: apichart / iStock via Getty Images

9. Seattle-Tacoma-Bellevue, WA
> GDP, 2021: $480.0 billion – 9th highest in the US
> Population, 2021: 4,011,553
> GDP per capita: $119,646

Source: 4045 / iStock via Getty Images

8. Hangzhou, Zhejiang
> GDP, 2021: $280.7 billion – 8th highest in China
> Population, 2021: 7,845,501
> GDP per capita: $35,782

Source: DenisTangneyJr / E+ via Getty Images

8. Boston-Cambridge-Newton, MA-NH
> GDP, 2021: $531.7 billion – 8th highest in the US
> Population, 2021: 4,899,932
> GDP per capita: $108,506

Source: SeanPavonePhoto / Getty Images

7. Chengdu, Sichuan
> GDP, 2021: $308.8 billion – 7th highest in China
> Population, 2021: 9,305,116
> GDP per capita: $33,181

Source: Sean Pavone / iStock via Getty Images

7. Houston-The Woodlands-Sugar Land, TX
> GDP, 2021: $537.1 billion – 7th highest in the US
> Population, 2021: 7,206,841
> GDP per capita: $74,522

Source: Jian Fan / iStock via Getty Images

6. Suzhou, Jiangsu
> GDP, 2021: $352.2 billion – 6th highest in China
> Population, 2021: 7,427,096
> GDP per capita: $47,422

Source: f11photo / iStock via Getty Images

6. Dallas-Fort Worth-Arlington, TX
> GDP, 2021: $598.3 billion – 6th highest in the US
> Population, 2021: 7,759,615
> GDP per capita: $77,109

Source: Wirestock / iStock via Getty Images

5. Chongqing, municipality
> GDP, 2021: $432.4 billion – 5th highest in China
> Population, 2021: 16,382,376
> GDP per capita: $26,395

Source: Amy Sparwasser / iStock via Getty Images

5. Washington-Arlington-Alexandria, DC-VA-MD-WV
> GDP, 2021: $607.6 billion – 5th highest in the US
> Population, 2021: 6,358,652
> GDP per capita: $95,559

Source: yupiyan / E+ via Getty Images

4. Guangzhou, Guangdong
> GDP, 2021: $437.7 billion – 4th highest in China
> Population, 2021: 13,635,397
> GDP per capita: $32,097

Source: dell640 / iStock via Getty Images

4. San Francisco-Oakland-Berkeley, CA
> GDP, 2021: $668.7 billion – 4th highest in the US
> Population, 2021: 4,623,264
> GDP per capita: $144,633

Source: Li Zhou / iStock via Getty Images

3. Shenzhen, Guangdong
> GDP, 2021: $475.4 billion – 3rd highest in China
> Population, 2021: 12,591,696
> GDP per capita: $37,752

Source: Gian Lorenzo Ferretti Photography / E+ via Getty Images

3. Chicago-Naperville-Elgin, IL-IN-WI
> GDP, 2021: $764.6 billion – 3rd highest in the US
> Population, 2021: 9,510,390
> GDP per capita: $80,395

Source: Liyao Xie / E+ via Getty Images

2. Beijing, municipality
> GDP, 2021: $624.3 billion – 2nd highest in China
> Population, 2021: 20,896,821
> GDP per capita: $29,874

Source: Ron and Patty Thomas / E+ via Getty Images

2. Los Angeles-Long Beach-Anaheim, CA
> GDP, 2021: $1,124.7 billion – 2nd highest in the US
> Population, 2021: 12,997,353
> GDP per capita: $86,532

Source: zhaojiankang / iStock via Getty Images

1. Shanghai, municipality
> GDP, 2021: $669.9 billion – highest in China
> Population, 2021: 27,795,702
> GDP per capita: $24,101

Source: TomasSereda / iStock via Getty Images

1. New York-Newark-Jersey City, NY-NJ-PA
> GDP, 2021: $1,992.8 billion – highest in the US
> Population, 2021: 19,768,458
> GDP per capita: $100,806

Methodology

To compare the 20 richest cities in China and the U.S., 24/7 Wall St. used a translated source, Sina Finance, from Wikipedia to find the gross domestic product of Chinese cities and data from the U.S. Bureau of Economic Analysis to find the GDP of U.S. metropolitan areas. We were able to confirm most of the cities using a Statista list of GDP of provincial capital cities and municipalities in China in 2021, sourced from China Statistical Yearbook 2022, chapter 25.2

We converted the GDP of Chinese cities from yuan using the average exchange rate for 2021, as calculated by the Federal Reserve, of 6.4508. U.S. and Chinese cities are matched and ordered by their GDP within each country, that is, the cities with the 20th highest GDP in China and the U.S. are matched and so on.

Population data for Chinese cities are 2021 estimates from the United Nations Population Division and are for urban agglomeration. Population data for U.S. metro areas came from the U.S. Census Bureau’s 2021 American Community Survey. 24/7 Wall St. calculated GDP per capita using both figures.

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