Cities of the future will be 'the innovators'

Shenzhen, Guangzhou and Nanjing are the leading cities in China in terms of opportunities, and they lead others in technology, innovation and sustainable development, a new report from global consultancy firm PricewaterhouseCoopers said on Wednesday.

Other cities on the list include Wuhan, Hangzhou, Chengdu, Xi'an and Tianjin, said the report jointly prepared by PWC China and the China Development Research Foundation. It examined the overall development of 20 Chinese cities (excluding Beijing and Shanghai) on the basis of 10 indicators to explore the directions they are heading in, the opportunities they have, as well as the steps taken to safeguard sustainable development in the new economic climate.

"Shenzhen, Guangzhou and Nanjing are truly cities of opportunity in China," said David Wu, leader of the PWC China Public Policy and Regulatory Affairs team. "They are filled with opportunities and have laid a solid foundation in innovation, technology and sustainable development to achieve long-term growth in the 'new normal' economy."