Shanghai leads in economic revamp
SHANGHAI was ranked China's best city in carrying out economic restructuring in 2011 and 2010, a report by the Shanghai University of Finance and Economics said yesterday.
Based on core indicators including economic growth, innovation capability and social harmony, Shanghai's Development Transition Index was 76.9 and 73.5 in 2011 and 2010 respectively, better than China's average of 48.5 and 45.9, the report said. Shanghai was followed by Beijing, as well as Guangdong, Jiangsu and Zhejiang provinces.
Based on core indicators including economic growth, innovation capability and social harmony, Shanghai's Development Transition Index was 76.9 and 73.5 in 2011 and 2010 respectively, better than China's average of 48.5 and 45.9, the report said. Shanghai was followed by Beijing, as well as Guangdong, Jiangsu and Zhejiang provinces.
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