Shenzhen Remains in the Fourth Spot in the List of Most Competitive Cities
In an annual study done by the China Institute of City Competitiveness, Shenzhen remains in the fourth spot in the rankings of the country’s most competitive cities. Shenzhen has consistently ranked just below Hong Kong, Shanghai and Beijing.
The China Institute studies the competitiveness of 300 cities areas such as economy, education, technological advancement, business and financial market development. Other rankings directly below Shenzhen are Guangzhou, Suzhou, Tianjin, Hangzhou, Taipei and Chongqing.
The top 4 cities in last year’s competitive ranking remains unchanged, with the positions of Suzhou and Hangzhou advancing slightly. Shenzhen ranked third place just below Tianjin and Chongqing in the growth category where the city ranked second place in 2010.
Even when it was not included in the top 30 in the safety category, Shenzhen managed to rank second this year and also ranked second in the culture category. Founded in 1998, The China Institute of City Competitiveness was created with the purpose of studying the sustainable development and competitiveness of Chinese cities.