Chinese Cities of Opportunities 2018 report

Innovation drives China’s regional coordinated development

PwC has been cooperating with the China Development Research Foundation since 2014, to select cities in China as samples for further comprehensive comparison and study. This year is the fifth year we publish Chinese Cities of Opportunity.

Chinese Cities of Opportunity 2018 features observations on 30 cities including Beijing and Shanghai, as well as all cities reviewed in 2017.  This year, Chinese Cities of Opportunity 2018 provides two observation results. One involves comparison between Beijing, Shanghai, Guangzhou and Shenzhen. The other is a comparison of the 26 remaining cities.

These cities are Harbin, Shenyang, Dalian, Urumqi, Lanzhou, Xi’an, Taiyuan, Tianjin, Shijiazhuang, Jinan, Qingdao, Zhengzhou, Nanjing, Wuhan, Wuxi, Suzhou, Hangzhou, Ningbo, Fuzhou, Xiamen, Changsha, Zhuhai, Chengdu, Chongqing, Kunming and Guiyang.

The observation results for Beijing, Shanghai, Guangzhou and Shenzhen have Beijing at the top of the list, followed by Shanghai, Shenzhen and Guangzhou. The results of the 26 other cities see Hangzhou ranked first, followed by Wuhan, Nanjing, Chengdu, Xiamen, Xi’an and Tianjin. These rankings are the same as the previous year. The subsequent cities are Changsha, Suzhou, Zhengzhou, Zhuhai, Qingdao, Jinan, Kunming, Chongqing and Ningbo.

In total, 10 dimensions are used and altogether 57 variables are employed. The indicators are intellectual capital and innovation, technology readiness, important regional cities, healthcare, safety and security, transportation and urban planning, sustainability and the natural environment, culture and lifestyle, economic clout, cost and ease of doing business.

This year special attention has been given to the development of national strategic regions such as Guangdong-Hong Kong-Macau Greater Bay Area and Xiong’an New Area. Through exploring urban characteristics and advantages, we are striving to set up an innovative approach for urban social governance to build a harmonious and beautiful China.

At the 19th Party Congress, President Xi Jinping proposed the building of a smart society in his report. Accelerating the construction of smart cities along with the coordinated development of new urbanisation look like two particularly crucial steps in pursuing this goal. An essential feature of PwC’s Chinese Cities of Opportunity report is the identification of areas of new growth potential in Chinese cities, which provides reference points for the building of a smart society.

Contact us

Thomas Leung

Mainland China and Hong Kong Managing Partner - Markets, PwC China

Tel: +[86] (10) 6533 2838 / +[852] 2289 8288

Jun Jin

Mainland China and Hong Kong Automotive Industry Leader, M&A Consulting Leader, PwC China

Tel: +[86] (10) 6533 2977

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