13 Jan China International City Index for Second Tier Cities 2015
We often hear about second tier cities being the new power-houses of China and attract lots of foreigners, but what impact do the foreigners have on the cities? Rapid development, improvement of living standards and a prosperous business environment made the second tier cities an oasis for foreigners. With the increased number of foreigners moving from China’s first tier cities to second tier, the beginning of an internationalization trend was inevitable. This trend has already started decades ago, but especially today it keeps on changing the face of the second tier cities and touches all of their aspects: having more international schools, international banks, multi-cultural restaurants, western online payment systems, and so on.
Although the internationalization is happening in all second tier cities, the stage in which they are depends for each city individually. Therefore, in order to compare between the progresses of those cities, this publication presents Maxxelli’s China International Cities Index (CICI), which ranks six main second tier cities in China by their level of internationalization. Extensive research has been conducted into 47 indicators on internationalization across six thematic categories: Global Economic Strength, International Commerce, Social Capital, Infrastructural Connectivity, Government and Political Engagement and Culture and Tourism.
The cities currently covered by the Index are Changsha, Chengdu, Chongqing, Dalian, Wuhan and Xi’an. We hope that by presenting this Index, we also provide an honest overlook on the different features of each city. If you find this information interesting and want to find out more about the cities numeric data or seeking the ranks of other cities that are not yet been included in this Index, please do not hesitate to contact us.
To read the full report please click the picture below.