Chinese cities rank high in world's most competitive

Updated 2017-01-02 09:49:36 Xinhua

Hong Kong, Shanghai and Beijing have been ranked among the top 10 most competitive cities in the world.

Hong Kong came in at 6th place on the Global City Competitiveness List, followed by Shanghai and Beijing.

The list, prepared by the National Academy of Economic Strategy, the Chinese Academy of Social Sciences and United Nations Habitat, aims to evaluate the potential competitiveness of cities.

It considers six major factors including global connection, local demand, software environment and hardware environment.

According to the report, the top 10 competitive cities are London, New York, Tokyo, Paris, Singapore, Hong Kong, Shanghai, Beijing, Sydney and Frankford.

More Asian cities than European or North American cities appear in the top 10 global competitive city list.

"We see more cities in China and Asia are consistently growing, and are developing faster than other regions," Marco Kamiya, coordinator of the urban economy and finance branch of UN-Habitat, said.

The average competitiveness score of the 69 Chinese cities among the 505 cities evaluated across the world is 0.31, slightly higher than the global average of 0.304.

"But there are only 17 Chinese cities among the top 200 global competitive cities," Ni Pengfei, director of the CASS City and Competitiveness Research Center, said. "It indicates only a few Chinese cities are competitive globally, while a majority of them still lag behind."

The report particularly analyzes the competitiveness of cities along the Belt and Road Initiative Route, especially their status of urban development and global connections.

According to the report, distribution of competitive cities along the Route shows a U-shape. Most competitive cities gather in the more developed eastern and western ends, while cities in the center areas of the route are comparatively less competitive.

"Through the Initiative, the urban network along the route is expected to further extend to form a big triangular city belt among Europe, Asia and Africa," CASS researcher Ding Ruxi said.

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58November 19 2017 20:03:38

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16November 19 2017 20:03:38

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18November 19 2017 20:03:38

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

Most Watched

News:
China World Business Sports Showbiz Audio
Video:
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
Photos:
China World Fun Travel Entertainment Sports
Travel:
Beijing Shanghai Guangzhou
Lifestyle:
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords