Beijing ranks first in overall competitive strength in China for
16 years in the past two decades, says a report published
Friday.
The Report on Regional Competitive Strength Development in China
says the Chinese capital has been first in overall competitive
strength each year from 1985 to 2004 among the country's 31
provinces, municipalities and autonomous regions.
The appraisal is based on a system developed by a research team
led by Xiao Hongye, a professor at Tianjin Finance and Economics
University. It takes into account nine major factors including
overall economic strength, governance, infrastructure, environment
and human resources.
According to the report, Shanghai, the top commercial center in
China, ranked first in four years in the past two decades and has
been second for 16 years, while south China's Guangdong Province
ranked third for 20 consecutive years.
Shanghai ranks first, however, in the overall economic strength
followed by Guangdong
and Jiangsu
provinces.
The overall economic strength includes added value, investment,
end consumption and market scale, said the report.
(Xinhua News Agency January 23, 2005)