Wednesday, September 03, 2008

Chinese city rankings

Chinese city rankings

Streets of plenty

Sep 2nd 2008
From Economist.com

Shanghai tops a new ranking of business conditions in mainland China's cities


THE port city of Shanghai is the best place in mainland China for doing business, according to a new set of rankings from the Economist Intelligence Unit (see background and methodology). Shanghai tops an overall ranking of 44 Chinese cities that were compared in five key areas—economic performance, market opportunities, labour market, infrastructure and environment. Hard on its heels come fast-growing Guangzhou (top for infrastructure) and the capital, Beijing (home to the best labour market). The top 15 also includes large cities focused on the booming domestic market, such as Tianjin and Chengdu. Cities with lower external trade exposure have performed well during the recent slowdown in global growth, and are likely to continue to do well over the next decade as a maturing Chinese economy becomes less dependent on exports for growth. The ranking was compiled by the China Regional Forecasting Service, a new business information service launched by the Economist Intelligence Unit.

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