China Investment Network, a Beijing based magazine, has come out with a list of China's wealthiest cities by local fiscal revenue in 2013.
The ranking is based on several factors, including size of city, population and industrial structure.
Local fiscal revenue is mainly spent on improving people's livelihoods and keeping public security.
No 1 Shanghai.
Local fiscal revenue in 2013: 410.95 billion yuan ($67.81 billion)
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| The Bund of Shanghai and its many buildings are one of the city's most important sites, Jan 6, 2014. [Photo/Asianewsphoto] |
No 2 Beijing.
Local fiscal revenue in 2013: 366.11 billion yuan
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| Tian'anmen Square in Beijing is seen in this file photo taken in 2009 . [File Photo/Asianewsphoto] |
Local fiscal revenue in 2013: 207.8 billion yuan
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The memorial gateway named "Jin Men Gu Li" is located in the ancient culture street.
Traditional products are sold on this street, Tianjin, China, Dec 10, 2013. [Photo/Asianewsphoto] |
No 4 Shenzhen.
Local fiscal revenue in 2013: 173.1 billion yuan
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| A sports center in Shenzhen Bay, Shenzhen, Guangdong province, June 15, 2011. [Photo/Asianewsphoto] |
No 5 Chongqing.
Local fiscal revenue in 2013: 169.29 billion yuan
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| A view of a shopping mall decorated to mark New Year in Chongqing, China. [Photo/Asianewsphoto] |
No 6 Suzhou.
Local fiscal revenue in 2013: 133.103 billion yuan
 |
Tourists enjoy Suzhou classical garden. An artist plays Chinese traditional musical instrument on
a boat in Suzhou, Jiangsu province, Oct 1, 2011. [Photo/Asianewsphoto] |
No 7 Guangzhou.
Local fiscal revenue in 2013: 114.05 billion yuan
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| The TV Tower near Pearl River in Guangzhou, Guangdong province, June 22, 2013. [Photo/Asianewsphoto] |
No 8 Wuhan.
Local fiscal revenue in 2013: 97.852 billion yuan
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Wuhan Yangtze Grand Bridge in Wuhan, Hubei province is seen in this file photo taken in 2007.
[Photo/Asianewsphoto] |
No 9 Hangzhou.
Local fiscal revenue in 2013: 94.5 billion yuan
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| Tourists walk around the West Lake in Hangzhou, Zhejiang province in this file photo taken in 2005. [Photo/Asianewsphoto] |
No 10 Chengdu.
Local fiscal revenue in 2013: 89.85 billion yuan
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People gather to see a fountain show in Tianfu Square in Chengdu, Sichuan province in this file photo
taken in 2007. [Photo/Asianewsphoto] |
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