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Shanghai's GDP per capita exceeds US$7,000 in 2006
8/2/2007 15:01

Katia Deng/ Shanghai Daily news

Shanghai's gross domestic product per capita has hit US$7,000 last year, according to a regular government press conference yesterday.

Shanghai Statistics Bureau said the local per-capita GDP reached 57,310 yuan (US$7,189) in 2006 based on the standard set by the National Statistics Bureau.

The per-capita GDP hit 59,710 yuan (US$7,490) according to international criterion.

The National Statistics Bureau calculates the per-capita GDP on the basis of the number of residents who have settled in the city for more than six months, while international practices calculate those who have lived in the city for over a year.