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Qingdao ranks No. 9 at Forbes 2017 China Best Cities for Business List

2017/12/25 17:32:24   source:Xinhua

Forbes China recently released 2017 China Best Cities for Business List, Qingdao takes the 9th place on the list. Forbes China considers Qingdao has made progress in city economic scale, industrial structure adjustment and the indexes of consumption and economic vitality. The top 10 cities on the list are Shanghai, Guangzhou, Beijing, Nanjing, Wuhan, Shenzhen, Chongqing, Suzhou, Qingdao and Hangzhou.

China Best Cities for Business List was introduced by Forbes China in 2004, it uses indices of talent, city scale, consumptive power, passenger traffic, cargo traffic, operation cost, private economy vitality and innovation to show the business environment and development potential of China’s cities, every year, 100 China’s cities hit the list.

In recent years, Qingdao promotes replacement of old growth drivers with new ones in consumption, open-up and foreign trade and establishes 3 new systems: modern consumption economy, modern business invitation and modern international trade to take the lead in the country in the forging comprehensive open-up new layout and establishing a modern economic system in the business sector.

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