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According to the latest statistical data released by the China Bureau of statistics in 2024, in 1992, the city with the largest economic size in China was Shanghai, with a gross domestic product(GDP) of $17.66 billion; the city with the second largest economic size was Beijing, with a GDP of $11.24 billion; the city with the third largest economic size was Guangzhou, with a GDP of $8.1 billion; the city with the fourth largest economic size was Chongqing, with a GDP of $7.31 billion, Tianjin ranks fifth in economic scale, with a GDP of $6.51 billion.