Unlocking the power of cities for sustainable development
Urbanisation is not only the inevitable course to modernisation, but also the largest driving force in unlocking domestic demand potential and development momentum in today's China. Since the promulgation of the National New-type Urbanisation Plan (2014-2020), China has been actively promoting a new people-centred path to urbanisation, which has greatly improved the level and quality of urbanisation. By 2016, the urbanisation rate of China's permanent residents and registered population reached 57.35% and 41.2% respectively, making great strides towards meeting the 2020 objective in an orderly and steady manner.
In China, urban clusters formed around municipalities, provincial cities and other sub-provincial cities are becoming the most economically developed and innovatively active regions. Focusing on these large cities and the urban clusters forming around them is the key to capturing the next phase of China's development and transformation.
Jointly launched by PwC and the China Development Research Foundation (CDRF), the Chinese Cities of Opportunity 2017 provides in-depth observations on 28 Chinese provincial capitals and cities of comparable size, using 10 dimensions and 57 variables to provide a comprehensive assessment of the competitiveness, influence and potential of urban development. The report states that technological innovation and balanced development are the keys to building "cities of opportunity".
Our study provides a balanced benchmarking of the social and economic health of 30 of the world's leading cities of business, finance and culture. At a time when cities drive the world's growth, the ability to understand them requires a wide range of credible, transparent data to highlight areas of strength and potential for improvement.