According to the latest city ranking, the four first tier cities are still Beijing, Shanghai, Guangzhou and Shenzhen. The 15 new first tier cities are Chengdu, Hangzhou, Chongqing, Wuhan, Xi'an, Suzhou, Tianjin, Nanjing, Changsha, Zhengzhou, Dongguan, Qingdao, Shenyang, Ningbo and Kunming. Let's take a look at the latest ranking!
In order to ensure the continuity and comparability of the list, the latest list in 2019 still uses the five indicators of business resource concentration, urban hub, urban people's activity, lifestyle diversity and future plasticity established since 2016, and maintains the original algorithm framework: the weights of the first and second level indicators are included in the way of scoring by the expert committee of the new first tier city research institute, Principal component analysis is used for data below secondary index. For example, future plasticity describes the future development potential of each city.
First tier cities and new first tier cities attracted 80.17% of start-ups, 56.63% of high-tech companies and 54.55% of listed companies. Venture capital funds invested almost all of their money in the start-up companies in these 19 cities. These head cities have gathered the most innovative forces and talents. In addition, in this year's list, two new three-level indicators, youth index and youth consumption power index, are added to the future plasticity. Beijing, Shenzhen and Guangzhou are the cities with the highest proportion of users aged 18 to 35 on social platforms; Shanghai has the strongest consumption power among young people.