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These Cities Are Expected to be China’s Richest in 10 Years

Posted: 12/12/2014 10:00 am

If you currently own a home in Dongguan or Foshan, you may want to hold on to it. According to one of China’s top think tanks, the two cities are poised to become two of the country’s richest in the next 10 years, reports

The study, conducted by the Chinese Academy of Social Sciences, looked at 294 Chinese cities, and created a list of what they predict to be the 22 wealthiest in the next 10 years. Factors included the level of the city’s development over the last five years, and potential competitiveness both at home and abroad. While traditional top tier cities such as Beijing and Shanghai made the list, Dongguan and Foshan are expected to make the largest economic gains over the next decade.

According to the Academy, Foshan, “inspires innovation for private enterprise”, and “enjoys great geographic advantage with bright economic prospects”.

Dongguan, the southern boom town that has struggled to distance itself from its reputation as China’s sex capital, made the list in large part due to the Pearl River Delta’s overall development and close economic ties with Hong Kong and Macau, said the academy.

The other cities on the list include: Tangshan, Suzhou, Hefei, Nanchang, Shenyang, Tianjin, Chongqing, Chengdu, Nanjing, Wuhan, Changsha, Ningbo, Sanya, Dongying, Jilin, Liuzhou, Kaifeng, Jiaxing and the western Taiwanese city of Taichung.

Photos: Reuters 


    Hurry…invest in the beautiful city of Foshan….before its too late

    • Neobooper

      Foshan and beautiful doesnt goes together….

  • Reptilian

    My God, Foshan? Guangzhou maybe, but Foshan is sliding into a new reputation: pickpocket central. I was there just last spring, and Guangzhou natives won’t even go there unless it’s absolutely necessary. Purses grabbed in broad daylight!

    Ningbo has long been the unknown sister of Dalian, and has good potential. Wuhan has good SME business to sustain future growth, ditto Nanjing. The latter is also a good position as a transshipment point to the hinterlands, because the other major ports are too congested now.

    The other cities I haven’t been to, but I’ve been to Kaifeng. I hope commerce doesn’t touch Kaifeng; it has beautiful ancient hanging temples and other sites, let Kaifeng be its old, grand self. Chinese emperors vacationed here during the summer months.

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