Beijing's GDP per capita exceeds $10,000 for first time

13:17, January 22, 2010      

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According to preliminary calculations, Beijing's GDP was 1.19 trillion yuan in 2009, and the GDP per capita was 68,788 yuan as the city had 17.55 million permanent residents at the end of 2009. If calculated by the average exchange rate, the GDP per capita was 10,070 U.S. dollars, exceeding 10,000 U.S. dollars for the first time.
 
Yu Xiuqin, deputy director and spokesperson of the Beijing Bureau of Statistics, said that the breakthrough is a milestone for Beijing. According to the World Bank, whether a country or region is considered rich is measured by its GDP per capita. According to the standards of the World Bank, Beijing has become a moderately well-off city with its GDP per capita exceeding 10,000 U.S. dollars.

By People's Daily Online
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