Chongqing steps up in competitiveness rating

Updated 2017-03-01 13:58:28 Global Times

Southwest China's Chongqing Municipality enjoyed the fastest rise in a ranking of comprehensive competitiveness among China's 31 provinces and municipalities for 2015 released on Tuesday, while Northeast China's Liaoning saw a dramatic drop.

Chongqing moved to No.11 on the ranking in 2015 from No.15 in the previous year, the largest rise, while Liaoning dropped five spots to No.14, according to the report.

The ranking was compiled by institutions including Fujian Normal University and the Development Research Center of the State Council, China's cabinet. It tracks economic competitiveness of the provinces and municipalities.

The ranking is not solely based on GDP growth, but a comprehensive list of criteria such as stainability, fiscal and financial levels and government roles.

Chongqing's economy was also one of the fastest-growing in 2016 at 10.7 percent, according to data released by the municipal government.

South China's Guangdong Province, East China's Jiangsu Province and Beijing ranked top three on the list.

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