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China’s Top 50 Cities for Investment Attraction Unveiled, Including Five Cities in Shandong

Source：Haibao News 01-03-2024 14:55:00

The list of China's Top 50 Cities for Investment Attraction was unveiled at the beginning of 2024. Five cities in Shandong were included on the list, namely Qingdao, Jinan, Yantai, Weifang, and Linyi. Notably, Qingdao and Jinan ranked 11th and 20th respectively, with attraction indices of 9.01% and 8.12%.

According to statistics, there have been 755,000 Chinese enterprises engaged in a total of 1.207 million investment activities during the first three quarters of 2023. On average, each enterprise has participated in 1.60 investment activities, marking the highest figure in nearly five years. The data further highlights that from 2018 to the end of the first three quarters of 2023, a total of 2.596 million Chinese enterprises have embarked on investment ventures, witnessing a consistent rise in the number of enterprises participating in investment annually.

Throughout the aforementioned period, 49,000 enterprises in Qingdao have engaged in investment activities, marking that Qingdao ranked 10th across the country. Qingdao, where enterprises demonstrated remarkable investment frequency, with a total of 99,000 investment initiatives, ranked 9th nationwide. Qingdao has been included in the top ten cities due to the large number of enterprises participating in investment over the past five years.