qosaimages.blogg.se

Yicai global city tier definition
Yicai global city tier definition











yicai global city tier definition yicai global city tier definition

Similarly, Hefei, the capital of Anhui province, is sometimes categorized as a third-tier city because of its weak domestic growth. Yet, some rankings would label Suzhou and Wuxi as second-tier cities because of their economic growth and despite the fact that they are not capitals.

yicai global city tier definition

To give you a general idea, Beijing, Shanghai, Shenzhen and Canton are unanimously classified as first-tier cities, while second-tier cities are generally provinces’ capitals. To begin with, there is no official definition of what is a first, a second, a third and a fourth-tier city in China. This article thus gives you the keys to better understand this aspect of China, and the resultant opportunities for your businesses. While being a useful analytical tool to understand China’s society, the definition of tiers is actually not so obvious and requires that we stop for a while and think about it. It is more and more common to see economic analyses regarding China make use of this urban classification. A May 2018 report by Morgan Stanley asserts that the future of China’s growth (by 2030) will lie within lower-tier cities (namely the third and fourth-tier).













Yicai global city tier definition