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Dalian ranks among China's Best-Performing Cities 2016
BY 2016-09-20 09:01:55

(DALIANNEWS)- The American renowned Milken Institute issued the Best-Performing Cities China Report 2016 in Beijing, capital of China, September 12, 2016, announcing that the port city of Dalian took the sixth place among the largest cities group.

According to the report, the research on China's best-performing cities is based on a total of 260 domestic cities, which are divided into two categories in terms of their actual economic performance: the largest cities group includes 33 first-and-second-tier cities; the small and medium-sized groups includes 227 third-tier cities.

The Best-Performing Cities China index has nine components, taking into account both short term (one year) and middle term (five years) measurements. To better measure future growth, the index weighs jobs and income growth, gross regional product (GRP), foreign direct investment (FDI), and the strength of high value-added industries in each city.

Top ten best-performing cities among the first-and-second-tier cities in China are seen in the above picture.

Tope ten best-performing cities among the third-tier cities in China are seen in the above picture.

"With the 12th five-year plan and ‘one-belt, one road’strategy, China sees a dramatic openness, bringing in more international trade activities. Trading with Central Asia, Europe and Africa will dig out the potential business opportunities for China, and the large-scale urbanization will also be benefit for China's continuous economic development and the growth rate of developing inland cities." , said Perry Wong, Managing Director, Research at the Milken Institute and co-author of the report.

"The institute’s China Report provides fresh insights into Chinese cities' economic dynamics and their performance. Although east coast cities still dominate the best performance rankings, with government support and further urbanization development prospects, Chinese inland cities possess great potential for growth as well.", added Perry Wong.

(Editor:Grace) (From:DALIANNEWS)
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