第十个2万亿城市，要来了

Core Insights - The "trillion club" of cities in China is expanding, with Wenzhou, Xuzhou, and Dalian likely to join, bringing the total to 30 cities, while all top ten cities in GDP are expected to enter the "2 trillion club" [1][3] Economic Performance - Shanghai's GDP for Q3 2025 is projected at 40,721.17 billion, with a growth rate of 5.18% [2] - Beijing's GDP is expected to reach 38,415.9 billion, growing at 5.56% [2] - Shenzhen's GDP is forecasted at 27,896.44 billion, with a growth rate of 7.57% [2] - Nanjing's GDP reached 14,059.49 billion in Q3, indicating a strong possibility of surpassing 20 trillion by the end of 2024 [2] 2 Trillion Club Expansion - The 2 trillion club has seen steady growth since Shanghai first crossed the threshold in 2011, followed by Beijing in 2013, and others like Shenzhen, Chongqing, and Guangzhou in subsequent years [3][5] - Currently, there are nine members in the 2 trillion club, with Nanjing aiming to be the tenth [5][6] Competitive Landscape - Nanjing's rise to the 2 trillion mark is significant as it will be the first "weak provincial capital" to achieve this, contrasting with other strong provincial capitals [6][12] - The competition remains fierce, with cities like Ningbo and Tianjin also targeting the 2 trillion GDP goal [5][6] Demographic and Economic Characteristics - Nanjing is noted for its small geographical size and high GDP per unit area, being the second highest among provincial capitals [10] - The city has a strong educational foundation, leading in the number of university students per capita among similar cities [10] Future Outlook - The expansion of the 2 trillion club is expected to continue, with cities like Ningbo, Tianjin, and Qingdao likely to join within three years [5][6] - The overall trend indicates a shift towards higher quality and structural improvements in urban economies, as merely reaching the trillion mark may not suffice for competitive advantage in the future [16]