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Top 10 Chinese cities for innovation and entrepreneurship Updated: 2022-12-05

Beijing, Shanghai, and Shenzhen were named the top three financial cities for innovation and entrepreneurship in China according to The China Innovator and Entrepreneur Finance Index, released by the China Development Institute in Chengdu, Sichuan province, on Nov 22.

Covering 337 cities nationwide, this year's index evaluates cities via four dimensions: financial resource supply, service performance, policy support and environmental capacity for innovation and entrepreneurship, with 27 objective indicators.

A total of 52 cities in East China entered the top 100, with South China and Central China each hosting 12. Core urban agglomerations, such as the Beijing-Tianjin-Hebei, Yangtze River Delta and Pearl River Delta regions also led other regions in financial development, innovation and entrepreneurship.

Let us take a look at the top 10 cities and how they performed.


No 10 Ningbo

Zhoushan Port in Ningbo, Zhejiang province, on June 29, 2022. [Photo/VCG]


No 9 Nanjing

A visitor walks past a poster at the China (Nanjing) International Software Product and Information Service Trade Fair in Nanjing, Jiangsu province, on Nov 23, 2022. [Photo/IC]


No 8 Suzhou

An employee checks equipment at an air compressor production facility in Suzhou, Jiangsu province, in June. ZHAI HUIYONG/FOR CHINA DAILY


No 7 Wuhan

Visitors watch a demonstration of 5G application in manufacturing at the 2022 China 5G plus Industrial Internet Conference in Wuhan, Hubei province. [GAO YONG/FOR CHINA DAILY]


No 6 Chengdu

Workers test a car in the welding workshop at the Chengdu branch of FAW-Volkswagen Automobile Co in Chengdu, Southwest China's Sichuan province, on Dec 24, 2020. [Photo/IC]


No 5 Guangzhou

A Leapmotor C11 at an auto show in Guangzhou, Guangdong province, on Nov 21, 2020. [Photo/VCG]


No 4 Hangzhou

An employee works at a plant in Xiaoshan district of Hangzhou, Zhejiang province, on June 27. [Photo/Xinhua]


No 3 Shenzhen

Skyscrapers border a lush green landscape in Shenzhen's central business district. [Photo provided to]


No 2 Shanghai

Lujiazui, the financial center in Shanghai, forms a perfect backdrop to the Bund area of Shanghai. [Photo by Wang Gang/For China Daily]


No 1 Beijing

The skyline of Beijing. [Photo/VCG]