China has 14 cities whose local fiscal revenue exceeded 100 billion yuan ($14.54 billion) in 2016, China Business News reported citing official data.

The fiscal revenue of Shanghai totaled 640.61 billion yuan in 2016, taking the lead among all cities around China.

Beijing followed Shanghai, posting 508.13 billion yuan last year. Shenzhen overtook Tianjin, taking the third place with 313.64 billion yuan. It is the first time that Shenzhen saw its fiscal revenue exceed 300 billion yuan.

Let's take a look at the 10 cities with most fiscal revenue.

No 10 Chengdu

Fiscal revenue: 117.5 billion yuan

No 9 Wuhan

Fiscal revenue: 132.21 billion yuan

No 8 Guangzhou

Fiscal revenue: 139.39 billion yuan

No 7 Hangzhou

Fiscal revenue: 140.24 billion yuan

No 6 Suzhou

Fiscal revenue: 173 billion yuan

No 5 Chongqing

Fiscal revenue: 222.79 billion yuan

No 4 Tianjin

Fiscal revenue: 272.35 billion yuan

No 3 Shenzhen

Fiscal revenue: 313.64 billion yuan

No 2 Beijing

Fiscal revenue: 508.13 billion yuan

No 1 Shanghai

Fiscal revenue: 640.61 billion yuan