Best-city ranking in China
Postat den 6th November, 2015, 16:05 av Hubert Fromlet, Kalmar
I often get questions by companies and journalists about future growth potential in Chinese regions and metropolitan areas. Historically, I have visited a number of these places myself, but certainly not all of them. For this reason, I am really glad that the Milken Institute recently has developed and published a geographical ranking called the ”Milken Institute Best-Performing Cities China Index”, ranking 34 large tier- 1 and tier-2 Chinese cities and totally 232, somewhat smaller so-called tier-3 cities.
Particularly encouraging is that the whole project has been conducted by Perry Wong from the Milken Institute. Perry Wong – whom I have known and appreciated for quite some time – is not only one the best regional economists in the United States – but he also is familiar with the language. Certainly an ideal combination for an analysis of the most successful and promising cities in China. I am sure that Perry is aware of the statistical limitations in China. However, I am also sure that he carefully considered the nine indicators that finally have been included in the index. An annually updating is planned.
Consequently, the ”Best Performing Cities China Index” for China should be a helpful tool for corporate decisions that concern (foreign) companies’ investments, sales and purchasing in China. I have been waiting for this kind of information for a long time.
Ranking *
First- and second-tier cities Third-tier cities
- Chengdu 1. Suzhou
- Shanghai 2. Nantong
- Tianjin 3. Yangzhou
- Dalian 4. Suqian
- Nanjing 5. Taizhou
- Hefei 6. Qingyang
- Xiamen 7. Changzhou
- Changchun 8. Wuxi
- Chongqing 9. Ji’an
- Shenzhen 10. Yichang
Source: Milken Institute, Santa Monica
Hubert Fromlet
Senior Professor of International Economics, Linnaeus University
Editorial board
Det här inlägget postades den November 6th, 2015, 16:05 och fylls under China