Business / 2015 Top 10

Top 10 performing cities in China

(chinadaily.com.cn) Updated: 2015-10-12 06:31

Chengdu, the capital of Sichuan province, has topped an economic study of best-performing cities in China. Shanghai and Tianjin followed Chengdu, while seven cities in eastern China's Jiangsu province made the top 10 list of lower-tier sites.

Compiled by the independent United States think-tank Milken Institute, the rankings were based on a mix of economic conditions of 266 cities across China. The 34 first-and second-tier cities and 232 third-tier sites were measured predominantly on employment levels, wage rises, regional gross domestic product, and levels of foreign direct investment.

Surprisingly, Beijing failed to make the top 10 of first-tier cities. Milken's Managing Director of Research, Perry Wong, said it was because of its already-large economic base figure.

Let's take a look at some of the top-ranked first-tier cities.

No 10 Shenzhen, Guangdong province

Top 10 performing cities in China

A sports center in Shenzhen Bay, Guangdong province. [Photo by Wu Jun / Asianewsphoto]

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