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Top 10 most innovative cities in China

chinadaily.com.cn | Updated: 2017-02-16 07:00

Beijing, Shenzhen and Shanghai are ranked as the most innovative cities in China, according to a list released by a research institute under media conglomerate China Business Network Co Ltd.

The New First-Tier Cities Research Institute evaluated China's 19 first-tier cities based on four indexes: hot money index, unicorn index, house renting index and partner index.

The hot money index measures a city's attraction to investment, diversity of startup projects and the number of startup incubators.

The unicorn index gauges the number of high-tech companies, patents and leading high-tech products a city has.

The house renting index is used to indicate the cost of innovation, while the partner index measures the intensity of competition on the talent market, and a city's talent supply and reserves.

The list used data from entrepreneurship service platform 36 Kr, human resources website zhaopin.com, enterprise credit service platform riskstorm.com, as well as official data and high-tech firm lists.

Let's take a look at the top 10 innovative cities in China.

No 10 Chongqing

Top 10 most innovative cities in China

Night view of Caiyuanba Yangtze River Bridge in Chongqing, Southwest China, August 3, 2016. [Photo/VCG]

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