According to a government work report presented by Beijing Mayor, Yin Yong, on Sunday during the annual session of the Beijing Municipal People’s Congress, the gross domestic product (GDP) of Beijing reached around CNY 4.4 trillion (approximately USD 618.26 billion) in 2023, showing an annual increase of 5.2%.
In 2023, the general budget revenues in Beijing exceeded 600 billion yuan, representing a yearly increase of 8.2%. The urban unemployment rate, as indicated by the survey, was 4.4% last year.
In 2023, the consumer price index in Beijing remained mostly stable. The income growth of the city’s residents was synchronized with the economic growth of the previous year.
Different indicators such as per capita share of the city’s GDP and overall labor productivity remained the highest among provincial areas across the country, according to the Chinese news agency “Xinhua”.
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