Top 10 Chinese regions by household deposits |
Home   >   Resources   >   Top 10 List

Top 10 Chinese regions by household deposits Updated: 2023-02-17

South China's Guangdong province has taken the lead in terms of household deposits in 2022 according to the 21st Century Business Herald.

As of the end of 2022, the balance of local and foreign currency deposits reached 32.24 trillion yuan ($4.73 trillion), making Guangdong the only province with a deposit balance exceeding 30 trillion yuan.

Jiangsu province grabbed second place with deposits of 21.87 trillion yuan in 2022, followed by Beijing, Zhejiang and Shanghai.

Apart from GDP, the balance of deposits in local and foreign currencies of financial institutions is often used as an important reference point for regional development.

Generally speaking, if a region has a higher total amount of funds, it has a stronger capacity to attract capital.

Let's take a look at the top 10 Chinese regions by household deposits.


No 10 Hubei

Cars drive on a bridge in Wuhan, Hubei province, on Sept 26, 2022. [Photo/VCG]


No 9 Henan

The South-to-North Water Diversion Project runs through Nanyang, Henan province. [Photo/Xinhua]


No 8 Hebei

Work is underway at Tangshan Port in North China's Hebei province. [Photo provided to]


No 7 Sichuan

Employees of Sichuan Energy Investment Co Ltd carry out maintenance on a turbine at a wind farm in Liangshan Yi autonomous prefecture, Sichuan province, on March 2022. [Photo by He Haiyang/For]


No 6 Shandong

Container ships dock in Qingdao Port, Shandong province, on Jan 24, 2022. [Photo/IC]


No 5 Shanghai

Twin towers in Shanghai on Feb 8, 2023. [Photo/VCG]


No 4 Zhejiang

An aerial view of West Lake in Hangzhou, Zhejiang province, on Nov 23, 2022. [Photo/IC]


No 3 Beijing

A view of Beijing's CBD area on Aug 19, 2022. [Photo/VCG]


No 2 Jiangsu

A worker labors at a production workshop in Nanjing, East China's Jiangsu province, on March 25, 2022. [Photo/Xinhua]


No 1 Guangdong

Skyscrapers border a lush green landscape in Shenzhen's central business district in South China's Guangdong province. [Photo provided to]