Beijing won the top spot in terms of urban business environment in 2019, followed by Shanghai, Shenzhen and Guangzhou, according to a report released by China Central Television on June 18.
The report evaluated a city's business environment with five criteria, including infrastructure construction, human resources, financial services, local governance environment and inclusive innovation. The ranking is also based on several key factors affecting companies' business development, such as business system, market size, research capability, talent resources and funds.
The traditional first-tier cities grabbed the top four spots, while new first-tier cities Chongqing, Nanjing, Hangzhou, Chengdu and Tianjin came in fifth to ninth, in that order. Ningbo, the southeastern city in Zhejiang province, took the 10th spot.
Let's see the top 10 most business-friendly cities in China.
Fishing vessels sail off Shipu Fishery Port for a new fishing season in Ningbo, East China's Zhejiang province, on Sept 16, 2019. [Photo/Xinhua]
Airbus aircraft components are unloaded at Tianjin Port on April 11, 2020. [Photo/Xinhua]
The Chengdu Tianfu New Area of China (Sichuan) Pilot Free Trade Zone, Southwest China's Sichuan province, on April 12, 2017. [Photo/Xinhua]
Staff members work at the City Brain Operation Command Center in Hangzhou, East China's Zhejiang province, on April 13, 2020. Hangzhou's City Brain is a smart city platform aiming to improve urban management with the use of big data, cloud computing and artificial intelligence, among other cutting-edge technologies. [Photo/Xinhua]