Grading List for China's Cities Unveiled, Chongqing Included in the List “New First-tier” Cities
The continuous extremely hot weather is finally about to cool down, which is so exhilarating. However, what is even more exciting is that Chongqing has become a new “first-tier city”! CBN Weekly released the complete list of China City Level a few days ago, with 15 cities, including Chongqing, becoming new “first-tier” cities following the 4 “old first-tier” cities – namely Beijing, Shanghai, Guangzhou and Shenzhen.
Which cities are the “new first-tier cities”?
Regional central cities or coastal cities
On the newly released ranking list, in addition to Beijing, Shanghai, Guangzhou and Shenzhen, the 4 “old first-tier” cities, 15 “new first-tier” cities have come out upon reevaluation: Chengdu, Hangzhou, Wuhan, Tianjin, Nanjing, Chongqing, Xi'an, Changsha, Qingdao, Shenyang, Dalian, Xiamen, Suzhou, Ningbo and Wuxi.
Some of these cities are municipalities with a solid economic foundation, a huge middle class population and considerable political resource. Some are regional central cities with radiating capacity over several nearby provinces, abundant education resources, profound cultural accumulation and convenient transportation. Others are provincial capitals and coastal open cities of the eastern developed area with favorable economic foundations, convenient transportation and unique city charm. These cities are naturally the strategic areas for many big companies.
The international fame of these “new first-tier” cities is also increasing. For example, the G20 Summit is set to be held in Hangzhou next month, and the 2016 World Tourism Cities Federation Tourism Summit will soon be held in Chongqing.
How to become a “new first-tier” city?
Evaluation from 5 dimensions including business
How did Chongqing make the “new first-tier” list? There are reasons for that! As early as 3 years ago, CBN Weekly put forward the concept of “new first-tier” city for the first time. At that time, they visited 285 large companies and investigated their connection with different cities through interview and questionnaire, thus graded cities in China.
This year, they collected store distribution of 160 brands and user data of 14 internet companies in 338 cities above the prefecture level in China, and reevaluated the commercial charm of Chinese cities from the 5 dimensions of concentration of business resources, urban hub, urban population activity, lifestyle diversity and future potential.
In terms of the scoring standard, say scores of Beijing, Shanghai, Guangzhou and Shenzhen are 100, 100, 98 and 97, Chongqing gets 90.6, ranked 6th among the new first-tier cities and 10th in China.
What makes Chongqing a “first-tier” city?
GDP growth: leading for ten consecutive quarters
In the first half of this year, Chongqing achieved GDP of RMB 800.082 billion, a year on year growth of 10.6%, 3.9 percentage points higher than the national level, leading in China for consecutive ten quarters.
City financial resources: 5th in China this year
This year, Standard Ranking Institute released the “2016 List of Mainland China City Financial Resources Top 50” in Beijing. Chongqing ranked 5th.
Comprehensive competitiveness: Chongqing ranked 8th in China
At the end of last year, on the “Ranking List of City Comprehensive Competitiveness” released in Hong Kong by China Institute of City Competitiveness, Chongqing ranked 8th.
Attraction of Tourism City: Chongqing ranked 1st
Last year, on the 2015 Ranking List of Attraction of Tourism Cities in China released by the Standard Ranking (China) Institute, Chongqing ranked 1st over cities like Shanghai, Beijing and Chengdu. Jiang Yan, reporter of The Chongqing Morning Post.
Wang Xiumo, adjunct professor of Chongqing University of Science and Technology:
Economic foundation and vitality of Chongqing
The environmental attraction is growing
Chongqing has been among the first tier cities. Wang Xiumo, an adjunct professor of Chongqing University of Science and Technology, said he was not surprised. “Chongqing has been a municipality for almost 20 years. There is a certain accumulation. Its economic base, economic vitality, environmental attraction, etc. have been constantly enhanced. I must say that these have reflected the strength of Chongqing.”
Chongqing is located on the node of major development strategies like “One Belt and One Road” and the Yangtze River Economic Belt. It is an important hub connecting these major strategies. In terms of strategic positioning, Chongqing is the only municipality and the only national central city in the central and western regions, the central hub of the upper reaches of Yangtze River and an important strategic support for development and opening of the western regions. In terms of location advantages, Chongqing is located at the intersection of Silk Road Economic Belt and Yangtze River Economic Belt. It is also the strategic hinterland of the Maritime Silk Road. Currently, Chongqing has opened the international trade channel of Chongqing-Sinkiang-Europe International Railway. It is a first-class national temporary opening railway port, whole motor vehicle import port and the largest rail-road-water hub port planned to be built in the upper reaches of Yangtze River.
In addition, the third cooperation project between China and Singapore government has settled in Chongqing. “This has also increased the competitiveness of Chongqing. Its regional radiation force will also be further strengthened.”