Economics

Chinese Hubs Rise in Oxford Economics 2030 GDP Ranking: Cities

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Cities in China from Shanghai to Chongqing will grow the most among global metropolises in the next 16 years, according to a study by Oxford Economics Ltd.

By 2030, nine Chinese cities will join the world’s 50 biggest municipal economies, while eight in Europe will drop off the list, showed the paper released this week by the Oxford, England-based advisory firm. Of the 10 forecast to grow the most by gross domestic product, seven are in China, including Tianjin, Beijing, Guangzhou, Shenzhen and Suzhou.