Shenzhen in South China’s Guangdong province has taken the top spot in investment vitality in China, according to a report released by corporate information tracker Tianyancha.

Shanghai and Beijing came in second and third place respectively. Nanjing, capital of East China’s Jiangsu province, overtook first-tier city Guangzhou to rank fourth.

During the past 10 years, the average growth of the number of enterprises reached 259 percent in China, according to the report. By 2020, 26 cities had more than 1 million enterprises, compared with five in 2011.

Let’s take a look at China’s top 10 cities in investment vitality.

No. 1 Shenzhen

No. 2 Shanghai

No. 3 Beijing

No. 4 Nanjing

No. 5 Guangzhou

No. 6 Hangzhou

No. 7 Chengdu

No. 8 Tianjin

No. 9 Ningbo

No. 10 Chongqing

Image: Shenzhen, China / Robert Bye

Share this article:

About Laura Lam

Laura Lam covers property market news in China and Asia-Pacific region.

View all posts by Laura Lam