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China's Urban Business Environment Report 2018

December 18 2018

At 3 pm on December 12, 2018, the Central Radio and Television General Station held the launching ceremony of "China's Urban Business Environment Report 2018" in Beijing. This is the first Chinese business environment evaluation report that be released by the national media, with independent third party preparation and authoritative characteristics.

At the press conference, the Top Ten cities in China's urban business environment rankings were published in 2018, followed by Beijing, Shanghai, Shenzhen, Guangzhou, Chongqing, Chengdu, Tianjin, Hangzhou, Nanjing, and Xi'an. And the seven evaluations factors were also announced.

The evaluation results show that the overall business environment of the first-tier cities in Beijing, Shanghai, Shenzhen and Guangzhou is the highest, ranking the top four in the overall ranking.

In the seven-dimension evaluation list, Beijing, Shanghai, and Guangzhou has six evaluation factors entered the top ten respectively, and five evaluations in Shenzhen entered the top ten. Specifically, in the establishment of a good business environment, the core cities with comprehensive strength are leading in the overall level, while other cities show their characteristics in their respective advantages.

The First Dimension: Infrastructure

Guangzhou ranks first in terms of continuous strengthening of urban hub network functions and leading services such as education and medical care in South China.

The Second Dimension: Human Resources

In the dimension of human resources evaluation, it mainly evaluates the quantity and quality of labor resources supply, the basics of talent supply, urban treatment and salary attractiveness. Beijing ranks first.

The Third Dimension: Financial Services

In terms of the dimension of financial services, Shanghai and Beijing are ranked the first and the second respectively, which has a large distance from other cities. 

The Fourth Dimension: The Government Environment

In the dimension of government environmental assessment, Guangzhou topped the list. This is the embodiment of Guangzhou's continuous improvement of public service quality and administrative efficiency in recent years.

The Fifth Dimension: The rule of law environment

In the ranking of the legal environment evaluation dimension, Changsha and Jinan performed outstandingly, and they were ranked the first and the second respectively.

The Sixth Dimension: Innovative Environment

In the dimension of innovation environmental assessment, as the fourth National Independent Innovation Demonstration Zone approved by the State Council and the first National Innovative City, Shenzhen was ranked the first with unquestionable. Chongqing and Chengdu, which are located in the southwest, ranking third and fourth respectively.

The Seventh Dimension: Social Environment

In the dimension of social environmental assessment, Beijing was ranked first, and the construction of urban credit system is in a stage of comprehensive upgrading, which is much ahead of other cities.