Business / 2015 Top 10

Top 10 best-performing third-tier cities in China

( Updated: 2015-12-22 07:20

Suzhou of Jiangsu province has been rated as China's best third-tier city in terms of economic performance by US independent think tank Milken Institute.

It is the first time the institute compiled such ranking. The list ranks 266 Chinese cities, 232 of which are third-tier.

Seven of the top 10 best-performing third-tier cities are in Jiangsu province, as they have benefited from Shanghai's proximity and an influx of talent and technology.

The rankings are based on economic performance, including job and income growth, gross regional product, and foreign direct investment, as well as the strength of high value-added industries.

Here are the top 10 third-tier cities compiled by Milken Institute.

10. Yichang, Hubei province

Overall ranking in China: 17

Total population: 4 million

Top 10 best-performing third-tier cities in China

Farmers in a rice field at Huanghua County, Yichang city, Hubei province, Sept 6, 2015. [Photo/IC]

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