The sixth edition of the Milken Institute’s “Best-Performing Cities China” report highlights Chinese cities’ economic performance at the prefecture level and above. It traces the key factors contributing to the exceptional economic success of these cities, all of which are emerging from the pandemic and the aggressive efforts to contain it.

This year’s top 10 rankings reveal several significant regional development trends. First, the Greater Bay Area cluster, anchored around Guangzhou and Shenzhen (and Hong Kong), are making strides. Second, Western regional development elevates economic activities with sustaining momentum, placing Xian and Lanzhou on top this year. Third, heightened growth has migrated inward from the Eastern Coastal cities to more central locations. The cities of Nanjing and Hefei, for the first time, appear in the top 10.

 

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