Competitive list has city No. 2
By Wang Yanlin |
00:00 UTC+8 May 7, 2011
|
Print Edition
Print Edition
SHANGHAI was the second-most competitive city in China last year, trailing only Hong Kong, a report by the Chinese Academy of Social Sciences said yesterday.
Shanghai jumped one spot from 2009, when Hong Kong and Shenzhen were ranked higher.
However, in the component index that measured people's happiness last year, Shanghai was ranked 205th out of 294 cities. Shijiazhuang in Hebei Province was at the top.
Reports produced by the academy, a major think tank in China, provide important information for governments to formulate policies.
Gao Peiyong, director of the Institute of Finance and Trade Economy at the academy, said the competitiveness ranking will help direct the country's urbanization process.
Shanghai ranked high on many component indices. It finished tops in infrastructure and was second only to Beijing in technological competitiveness. Shanghai was also No. 1 in terms of economic scale, boosted by the outlook of becoming a global center of finance, trade and shipping.
However, people in Shanghai were not that happy despite the city's position as a highly competitive place to do business.
Pressure from rocketing housing and food prices, long work hours and a hectic life made people feel insecure and unhappy with their quality of life, said Ni Pengfei, a senior researcher at the academy.
This was not unique to Shanghai, but overall, Ni said about 70 percent of Chinese people felt happy with the direction of their lives.
According to Gallup's 2010 global well-being survey, released last month, only 12 percent of people on Chinese mainland considered themselves to be thriving, the same level as people in countries such as Afghanistan and Yemen.
China's score compared with a world median of 21 percent across 124 countries and regions.
The Chinese government has made improving people's livelihoods a priority in its work agenda for the five years starting from 2011.
Shanghai jumped one spot from 2009, when Hong Kong and Shenzhen were ranked higher.
However, in the component index that measured people's happiness last year, Shanghai was ranked 205th out of 294 cities. Shijiazhuang in Hebei Province was at the top.
Reports produced by the academy, a major think tank in China, provide important information for governments to formulate policies.
Gao Peiyong, director of the Institute of Finance and Trade Economy at the academy, said the competitiveness ranking will help direct the country's urbanization process.
Shanghai ranked high on many component indices. It finished tops in infrastructure and was second only to Beijing in technological competitiveness. Shanghai was also No. 1 in terms of economic scale, boosted by the outlook of becoming a global center of finance, trade and shipping.
However, people in Shanghai were not that happy despite the city's position as a highly competitive place to do business.
Pressure from rocketing housing and food prices, long work hours and a hectic life made people feel insecure and unhappy with their quality of life, said Ni Pengfei, a senior researcher at the academy.
This was not unique to Shanghai, but overall, Ni said about 70 percent of Chinese people felt happy with the direction of their lives.
According to Gallup's 2010 global well-being survey, released last month, only 12 percent of people on Chinese mainland considered themselves to be thriving, the same level as people in countries such as Afghanistan and Yemen.
China's score compared with a world median of 21 percent across 124 countries and regions.
The Chinese government has made improving people's livelihoods a priority in its work agenda for the five years starting from 2011.
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