- January 1, 2019: Vol. 31, Number 1

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Which cities will lead the global economy in 2035?

by Andrea Zander

By 2035, the GDP of Asia Pacific cities will be 17 percent higher than cities in North America and Europe combined, according to Oxford Economics, with Chinese cities alone generating more output than all cities in either North America or Europe.

New York City will still be the largest urban economy in the world in 2035, however, with the largest finance and business services sector. It will be followed by Tokyo and Los Angeles, with Shanghai tied with London for fourth place. Paris will slip in the GDP rankings to seventh place, falling behind Beijing.

Jakarta will enter the top league of industrial cities, rising to eighth in its 2035 industrial output ranking. By then, it also will boast the world’s largest urban population at 38 million — moving ahead of Tokyo, which nonetheless remains at the top of the industrial output table. Fellow Japanese cities Osaka-Kyoto and Nagoya will, however, make way for the Chinese cities of Chongqing, Shenzhen and Tianjin, with

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