Nanjing—-a good place for doing business
According to the Forbes survey, Hangzhou was named the best place to do business in China for a fifth consecutive year. Shanghai came the second and Beijing remaining in sixth position. Wuxi was third, Nanjing fourth and Ningbo fifth.
Forbes China short-listed 194 mainland cities from a pool of 652 candidates with an annual GDP above 19 billion yuan in 2006.
10 of the top 42 cities are from Jiangsu province, nine are from Zhejiang and seven are from Guangdong.
The Yangtze River Delta region was represented by Shanghai and another 23 cities from Zhejiang, Jiangsu and Anhui. The Forbes list was based on each city’s climate for business start-ups and private capital, which is why Hangzhou beat Shanghai for the top placing. Read more…
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