Insight Report

PWC Chinese Cities of Opportunity 2020

1 Sep 2020

PWC’s Chinese Cities of Opportunity 2020 takes an in-depth look into the economic and social development of 42 of China’s major urban areas and outlines further opportunities for the future. This issue focuses on urban resilience and sustainable development.

As hubs of social development, cities are faced with a myriad of diverse opportunities, bolstered by economic growth and scientific advances, as well as multiple obstacles and challenges. 2020 has brought challenges and uncertainty for a great number of cities, and has also presented us with a chance to slow down the pace of modern life and reconsider whether cities, in the midst of this rapid development, really possess the resilience to stave off risks and overcome challenges.



Key takeaways

The Insight Report presented the following observations:

  • Cities are ranked based on scores in 10 categories: intellectual capital and innovation, technical maturity, Location in a major region, urban resilience, transportation and urban planning, sustainable development, culture and quality of life, economic clout, cost, and ease of doing business.
  • This report’s top 10 ranked cities are Beijing, Shanghai, Guangzhou, Shenzhen, Chengdu, Nanjing, Hangzhou, Wuhan, Hong Kong and Zhengzhou.
  • In respect of scale and development quality, Beijing, Shanghai, Guangzhou and Shenzhen represent China’s ‘super first-tier’ cities as each has its own influence on the international stage.

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