Tag Archives: ranking

Dongguan in China’s top 10

Dongguan has climbed into the Top 10 of China’s most competitive cities, as measured by the Chinese Academy of Social Sciences. The fastest-growing economy in the GBA joined Shenzhen (1st), Hong Kong (2nd), and Guangzhou (4th), on the list, ahead of leading cities like Wuxi, Foshan and Chengdu. Shanghai was 3rdand Beijing 5th.

Dongguan has been steadily climbing, from 14thin 2016 and 13thin 2017. 

Industrial upgrading explains the rise. High-end manufacturing and hi-tech manufacturing now account for 52.3% and 38.9%, respectively, of industrial output, which was RMB96.85 billion in Q1 this year, up 8.5% YoY. That was 2.3 percentage points faster than Q1 2018.

The city’s three leading companies – Huawei, OPPO and Vivo – saw their combined value added output rise 32% last year. 

R&D investment is an important factor in Dongguan’s ranking improvement as well, at 2.35% of overall GDP. Moreover, Dongguan’s “sustainable competitiveness” ranks No.7. 

In 2018, Dongguan added 2174 hi-tech enterprises, totaling 5790, equivalent to adding six a day. 

Read morein Chinese. 

Shenzhen 3rd in work, #1 in play

Shenzhen is ranked third in terms of business environment out of the top 100 cities in China, according to the latest report by the Beijing-based nonprofit economic think tank, Wanbo Institute.

The report assessed the cities’ soft power and was based on seven indicators: natural environment, infrastructure, technological innovation, talent, financial, cultural and living.

Shenzhen follows Shanghai and Beijing on the list, with Guangzhou, Nanjing, Wuhan, Hangzhou, Tianjin, Chengdu and Xi’an rounding out the top 10.

Shenzhen is ranked first, however, in terms of its overall environment. The city has achieved a good balance between economic growth and improvement of quality of life, according to the report. Shenzhen ranks first in terms of air quality among the 20 Chinese cities with the highest GDP.

Read more (in Chinese).