As of 2019, China's top three cities in terms of urban and rural
residents savings balance were Beijing, Shanghai and Guangzhou, as per
data from the National Bureau of Statistics.
Chongqing in Southwest China, Shenzhen in South China's Guangdong
province and Chengdu in Southwest China's Sichuan province took the
fourth, fifth and sixth spots, respectively.
From 2010 to 2019, Hefei in East China's Anhui province, Chongqing,
and Changsha in Central China's Hunan province witnessed the fastest
growth in savings balance of urban and rural residents, while Guangzhou
in South China's Guangdong province grew the slowest.
The savings balance of urban and rural residents is considered an
important indicator reflecting the economic conditions and consumption
levels of urban and rural residents.
Statistics indicate the savings balance of urban and rural residents
in Beijing and Shanghai were 3.73 trillion yuan ($572.84 billion) and
3.17 trillion yuan, respectively, in 2019.
Let's take a look at the top 10 cities with highest savings in China.
No 10 Wuhan
No 9 Xi'an
No 8 Hangzhou
No 7 Tianjin
No 6 Chengdu
No 5 Shenzhen
No 4 Chongqing
No 3 Guangzhou
No 2 Shanghai
No 1 Beijing