The 2021 China Integrated City Index was recently released. Beijing tops the comprehensive ranking for the sixth consecutive year, followed by Shanghai in second place and Shenzhen in third.
As one of the most modern and forward-thinking cities in China, Shenzhen is home to leading technology businesses and trading companies – all of which take advantage of the city's young and dynamic workforce.
How many levels are in City Tier? The city tier is classified into 4 levels. 1) First-tier cities comprising Beijing, Shanghai, Guangzhou, and Shenzhen. Those are the most 4 developed cities in economics and infrastructures as people have high purchasing power.
The four direct municipalities, Beijing, Shanghai, Chongqing, and Tianjin are also considered cities even though they are officially provincial-level administrative units. It is for these reasons that Yicai Global's published list includes 338 "cities": namely all of the 334 prefectural-level units plus the 4 direct ...
Shenzhen was rated by The Economist as the most successful Special Economic Zone among its 4,300 counterparts. In the Global Urban Competitiveness Report 2021, Shenzhen's economic competitiveness ranked 7th in the world. Shenzhen has 169 national-level "Little Giant" enterprises, ranking 4th among Chinese cities.
Guangzhou — 11.6 million people
It is the richest city in Chinese mainland per capita, still just above Shenzhen.
According to the Shenzhen government, the city intends to become a benchmark digital city by 2025. In Shenzhen's smart city plan, a key objective is to improve public services and urban governance capacity.
Due to the city being a leading global technology hub, Shenzhen is sometimes called China's Silicon Valley in the media. The city's entrepreneurial, innovative, and competitive-based culture has resulted in the city being home to numerous small-time manufacturers or software companies.
Shenzhen became China's first Special Economic Zone in 1980. This meant tax exemptions, land subsidies, and more control in operating private businesses, which led to several companies — and entrepreneurs — becoming billion-dollar rich.
Category 2
Cities and major regional centres of Adelaide, Perth, Gold Coast, Sunshine Coast, Canberra, Newcastle/Lake Macquarie, Wollongong/Illawarra, Geelong and Hobart.
All of the travelers who enter Shenzhen are required to undergo a 14-day collective quarantine.
Most commonly, cities referred to as 'Tier 1.5' or 'emerging first tier' cities represent those that do not equal the traditional first tier cities, such as Shanghai, Beijing, Guangzhou, and Shenzhen but stand out beyond other traditional Tier 2 cities.
Shenzhen was a fishing port 40 years ago but now their amazing skyscrapers and well-known structures are 'talk of the town' all over the globe. Perhaps no city has emerged so well and developed their amenities at much faster rates.
Futian is also one of the most expensive and exclusive districts in Shenzhen. Its pricey and modern apartments are particularly popular with young and single working professionals. While there is a handful of international schools in the area, family-sized apartments in Futian can be exorbitant.
Shenzhen is cheaper than Shanghai. Costs have been skyrocketing across China, with rents doubling or tripling in the years I've been here. Yet I think for the same living standard and central location in Shenzhen, you'd pay much more in Shanghai. Of course this main cost is rent.
Shanghai. Widely regarded as the financial capital of China, Shanghai is home to 127,200 millionaires, 332 centi-millionaires, and 40 billionaires. The Shanghai Stock Exchange is the third-largest stock market in the world by market cap (after the NYSE and the Nasdaq).
Guizhou has the largest poverty population, with 2.95 million. Xinjiang has the highest poverty rate, which is 9.9 per cent. Gansu, Guizhou, Tibet and Yunnan also have a poverty rate above 7 per cent.
Hangzhou in China comes out on top of the list assessing the fastest-growing millionaire hotspots. The report found that between 2012 and 2022, the amount of individuals living there that have over $1 million worth of investable assets has soared by 105%.
Mandarin is known in known in China as 'Putonghua'. Because of Shenzhen's close proximity to Hong Kong and Guangzhou, you will also hear the Cantonese language spoken. Many people in Shenzhen can also speak at least some English, with the Shenzhen Government offering programs to help people learn English.
One of the most important and profitable tourist cities in China, Shenzhen is regarded as the capital of Chinese theme parks and tourism innovation. There are more than 100 scenic spots around the city, including man-made theme parks, natural ecological parks, coastal resorts, shopping plazas and historic sites.
Shenzhen is China's coolest, cleanest and most livable city. In 2019, Lonely Planet ranked Shenzhen as second in the world in the list of top 10 cities to visit. Shenzhen has a slightly higher cost of living than most cities in China but it is cheaper than 67% of cities in the world.
Shenzhen, once known for spewing out dark clouds of toxic smoke, has done much to clean up and transformed into China's most sustainable city, according to several research reports.