Economy Main articles: Economy of China, Agriculture in China, and List of Chinese administrative divisions by GDP China and other major developing economies by GDP per capita at purchasing-power parity, 1990–2013. The rapid economic growth of China (red) is readily apparent.[269] The Shanghai Stock Exchange building in Shanghai's Lujiazui financial district. Shanghai has the 25th-largest city GDP in the world, totalling US$304 billion in 2011[270] China had the largest economy in the world for most of the past two thousand years, during which it has seen cycles of prosperity and decline.[271][272] As of 2014, China has the world's second-largest economy in terms of nominal GDP, totalling approximately US$10.380 trillion according to the International Monetary Fund.[12] If purchasing power parity (PPP) is taken into account, China's economy is the largest in the world, with a 2014 PPP GDP of US$17.617 trillion.[12] In 2013, its PPP GDP per capita was US$12,880, while its nominal GDP per capita was US$7,589. Both cases put China behind around eighty countries (out of 183 countries on the IMF list) in global GDP per capita rankings