On December 26, the 21^st Century Economic Research Institute released the 21 Comprehensive Development Indexes 2016 and 2016 Investment Environment Index Report, reflecting that Guangdong ranked the 4^th in terms of the comprehensive development indexes, and the 2^nd in terms of the economic development indexes; of the investment environment indexes, Guangdong ranked the first in China, boasting of the best investment soft environment.

 

Guangdong ranks the fourth in terms of the comprehensive development

 

In 2012, the 21^st Century Economic Research Institute started to formulate the 21 comprehensive development indexes, and selected indexes such as the planned investment of newly started construction projects, industrial electricity consumption, volume of the freight traffic of the whole society and growth rate of the broad money balance and others to evaluate the future economic growth trend based on certain weights.

 

With calculation, the Top 10 in the 21 comprehensive development indexes evaluation in 2016 are Beijing, Zhejiang, Shanghai, Guangdong, Jiangsu, Chongqing, Hunan, Fujian, Sichuan, Henan (Hubei, Shandong) and Henan, Hubei and Shandong all rank the 10^th. The last 10 are: Hebei, Shaanxi, Gansu, Shanxi, Jilin, Xinjiang, Heilongjiang, Inner Mongolia, Ningxia and Qinghai. It is noteworthy that as for the economic development index, which is a part of the comprehensive development indexes, Guangdong is only second to Beijing. The research group pointed out that as for this index, Guangzhou ranks the top in terms of the economic aggregate and the total population; as for the index of ecological level, only Guangdong and Fujian from coastal area rank among the Top 10.

 

The report pointed out that from the perspective of the 21 comprehensive development indexes ranking of all provinces, municipalities and autonomous regions, although the Top 5 (Beijing, Zhejiang, Shanghai, Guangdong and Jiangsu) are located in the developed area, Fujian in eastern China, Chongqing and Sichuan in western China, and Hunan, Henan and Hubei in central China are catching up, and even have surpassed some eastern provinces in some areas.

 

Guangzhou boasts of the best investment soft environment

 

On the same day, the 21^st Century Economic Research Institute released the 2016 Investment Environment Index Report. The report shows that Guangzhou ranks the top of the investment environment in China.

 

The 21^st Century Economic Research Institute selected six categories of indexes, including the soft environment (weight 30%), market environment (weight 20%), business cost environment (weight 15%), infrastructure (weight 15%), ecological environment (weight 10%) and social service environment (weight 10%), to evaluate the investment environment of various areas.

 

Based on the evaluation, of the 30 provinces, municipalities and autonomous regions, Guangdong ranks the first in terms of the investment environment index, followed by Jiangsu, Shandong, Zhejiang, Fujian, Beijing, Chongqing, Henan, Sichuan and Hubei.

 

As for the soft environment index - the most important investment environment index, Guangdong scored the highest, reaching 0.72, and Heilongjiang scored the lowest, only 0.29. The Top 10 of the investment soft environment ranking in 2015 were Guangdong, Shandong, Beijing, Tianjin, Jiangsu, Fujian, Zhejiang, Chongqing, Shanghai and Sichuan.

 

Source: Translated from Invest Guangzhou, December 27, 2016