Top 10 Chinese cities with highest development potential in 2019 | investinchina.chinadaily.com.cn

Top 10 List

Top 10 Chinese cities with highest development potential in 2019

chinadaily.com.cn Updated: Sept 26, 2019

Shenzhen in South China's Guangdong province topped a list of Chinese cities with the highest development potential in 2019, according to a report by Sina Finance.

China's capital city Beijing and financial center Shanghai grabbed the second and third spots on this year's list, followed by Guangzhou in South China's Guangdong province.

Population numbers continued to swell in first- and second-tier cities with prominent industrial foundations and development potential. These cities, especially Beijing, Shanghai and Shenzhen, take a leading role in industrial innovation, hosting 70 percent of the country's listed companies and obtaining 75 percent of granted invention patents in the country.

However, the absolute purchasing power in first- and second-tier cities outweighed other cities, creating a wide disparity. In 2017, savings deposits from both urban and rural residents in first- and second-tier cities was 115,000 yuan ($16,164) and 66,000 yuan, respectively. Third- and fourth-tier cities had, by contrast, only 41,000 and 32,000 yuan.

Let's take a look at the top 10 Chinese cities with the highest development potential in 2019.

CONTACT US

Reach out to us for information on how we can facilitate your investment journey

* Please leave a message
* Your Email Address
SUBMIT
Copyright©2024 China Daily. All rights reserved.

Top 10 List

Top 10 Chinese cities with highest development potential in 2019

chinadaily.com.cn Updated: Sept 26, 2019

Shenzhen in South China's Guangdong province topped a list of Chinese cities with the highest development potential in 2019, according to a report by Sina Finance.

China's capital city Beijing and financial center Shanghai grabbed the second and third spots on this year's list, followed by Guangzhou in South China's Guangdong province.

Population numbers continued to swell in first- and second-tier cities with prominent industrial foundations and development potential. These cities, especially Beijing, Shanghai and Shenzhen, take a leading role in industrial innovation, hosting 70 percent of the country's listed companies and obtaining 75 percent of granted invention patents in the country.

However, the absolute purchasing power in first- and second-tier cities outweighed other cities, creating a wide disparity. In 2017, savings deposits from both urban and rural residents in first- and second-tier cities was 115,000 yuan ($16,164) and 66,000 yuan, respectively. Third- and fourth-tier cities had, by contrast, only 41,000 and 32,000 yuan.

Let's take a look at the top 10 Chinese cities with the highest development potential in 2019.

Invest in China Copyright © 2024 China Daily All rights Reserved
京ICP备13028878号-6

京公网安备 11010502032503号