Chinese cities up in competitive rankings
By Dong Zhen |
June 29, 2012, Friday
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Print Edition
Print Edition
SIX Chinese cities are among the 100 most competitive in the world and Shanghai ranks the highest of all those on the Chinese mainland, according to a Chinese Academy of Social Sciences survey.
New York is the world's most competitive of 500 cities around the globe, the academy said.
Shanghai ranks 36th, following Hong Kong (9) and Taipei (32). Beijing (55), Shenzhen (67) and Macau (79) are the other Chinese cities in the top 100.
The economic slowdown and European debt crisis has dragged down overall competing power in the North American and European regions, according to the survey, which covers the period from 2011 to the early months of this year.
Despite the obvious impact of a sluggish global economy, such as a shrinking demand for exports, the overall competitive abilities of Chinese cities had improved from the same period a year earlier, according to the study.
Shanghai rose one place compared to the previous year. Beijing went up five places.
Hong Kong, the only Chinese city in the top 10, rose two places from a year earlier.
The top 10 most competitive cities were New York, London, Tokyo, Paris, San Francisco, Chicago, Los Angles, Singapore, Hong Kong and Seoul.
Researchers mainly took into account the cities' economic output, technology development levels and their international influence to determine the rankings.
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