Property investment risks lower in nation's top cities
Shanghai was rated as the most promising city in China for property investment, while some cities in northwestern parts of the country, such as Longnan, Wuwei, Jiuquan and Dingxi in Gansu province, and Erdos in the Inner Mongolia autonomous region dominate the top slots in terms of real estate risks, a report has said.
Among China's metropolises, Shanghai scored the highest marks for property investment, followed by Beijing, while Longnan finished at the bottom, a report compiled by China Real Estate Information Corp said on Tuesday.
The report measured the property investment outlook of Chinese cities by analyzing a number of factors, including market demand and supply, market capacity, urbanization rate, population density, and the city's size.