Latest News:  
Beijing   Sunny/Overcast    10 / 4   City Forecast

People's Daily Online>>China Society

Shanghai lags Beijing on city competitiveness

(Shanghai Daily)

08:57, March 15, 2012

Shanghai lagged behind Beijing as the second-most competitive city on the Chinese mainland in a ranking released yesterday.

The report, "Hot Spots: Benchmarking Global City Competitiveness," released by the Economist Intelligence Unit, put Shanghai in 43rd spot worldwide while Beijing placed 39th. Shenzhen was 52nd in the global ranking, making it the third-most competitive city on the Chinese mainland.

Some 120 cities were assessed on 31 indicators grouped under eight categories - economic strength, human capital, institutional effectiveness, financial maturity, global appeal, physical capital, environment and natural hazards, and social and cultural character.

European and United States cities are the world's most competitive, with New York rated first and London second. But Asia's economic rise is also reflected on the list.

"No city can hold an absolute advantage in every dimension that could matter to a prospective investor," the report said.

Chinese cities dominated the economic growth index, but lagged behind in the environmental protection and cultural development indexes.

China's Tianjin, Shenzhen and Dalian topped the "economic strength" category, which emphasizes a city's overall GDP, growth rate and relative income. Shanghai was seventh.

"Shanghai's investment growth and GDP growth are lower than the national average, as it has been a very mature city in economic development compared with some second- and third-tier cities," said Chen Xian, an economics professor at Shanghai Jiao Tong University.

【1】 【2】


Related Reading

Leave your comment0 comments

  1. Name


Selections for you

  1. "Little Potala Palace" attracts millions of tourists

  2. Chinese version of Charles III rehearsed in Beijing

  3. Chinese medical team leaves for Liberia

  4. Animals enjoy spring sunshine

Most Popular


  1. China's diplomacy needs courage and strategy
  2. Death penalty does not hold answer to corruption
  3. Socialist democracy to illuminate China's future
  4. Truth about Tibet is slowly coming to light
  5. Expert: Glitter of foreign diploma to fade away
  6. NPC reform reflects vote of confidence
  7. Facing problems forges confidence for development
  8. Defense budget guards peaceful intentions
  9. Will China's economy keep growing or slow down?
  10. Chinese products bring benefits to U.S. consumers

What's happening in China

Thousands of pupils get nutrition improved in Sichuan, China

  1. China's Datong to hold solar energy 'Olympics'
  2. S. China shipwreck kills at least two
  3. No more "chicken without sex life" at restaurants
  4. Elderly Tibet monks, nuns gets pension allowance
  5. Local official goes missing after debt rumors

PD Online Data

  1. Spring Festival
  2. Chinese ethnic odyssey
  3. Yangge in Shaanxi
  4. Gaoqiao in Northern China
  5. The drum dance in Ansai