, Beijing's nominal GDP was US$458 billion (CN￥3.0 trillion), about 3.45% of the country's GDP and ranked 12th among province-level administrative units; its nominal GDP per capita was US$21,261 (CN￥140,748) and ranked the 1st in the country. Beijing's nominal GDP is projected to be among the world top 10 largest cities in 2035 (together with Shanghai, Guangzhou and Shenzhen in China) according to a study by Oxford Economics, and its nominal GDP per capita will reach US$45,000 in 2030.