Report highlights cities offering greatest opportunities
A recent report by China Media Group revealed the top 10 Chinese cities with the best business environment, namely Beijing, Shanghai, Shenzhen, Guangzhou, Chongqing, Chengdu, Tianjin, Hangzhou, Nanjing and Xi'an after detailed evaluation, aiming to offer reference for the country's optimization of its urban planning.
"The ranking is a precise reflection of cities with opportunities and China's urban development, when you look at its evaluation mechanism," said Zhou Mi, a researcher at the Beijing-based Chinese Academy of International Trade and Economic Cooperation, a think tank under the Ministry of Commerce.
The report's evaluation framework covers seven fields including infrastructure, human resources, financial services, and many others, with reference to globally recognized guidelines. The data were collected from the National Bureau of Statistics and reports from central and local governments.
