According to the Chinese Cities of Opportunity 2017 study report jointly launched by PwC China and the China Development Research Foundation (CDRF), Guangzhou, Shenzhen, Hangzhou, Wuhan and Nanjing are ranked as the overall top five cities. The report states that technological innovation and balanced development are the keys to building “cities of opportunity”.
Kunming is 16th on this list.
Get pdf of report here:
A Chinese person I know in Hangzhou said last week that economy in Hangzhou is now (written in Chinese 超级糟糕) like, "extremely bad".
But who knows. Peter99 was expecting the whole maze to crash last year already, but lights are still on, zombies didnt take over streets yet, chopped laowai-meat is not sold at market, and now we can read about "cities of opportunity" and this stuff. So who knows. Maybe its fengshui, and 正能量. Well, indeed you do see lots of Zhejiang Chinese travelling abroad, so there must be some cash under the pillow afterall.
So who knows. That those people in Zhejiang who walked in pyjamas in daytime only fifteen years ago - selling cabbage in a street corner - are now buying up global real estate is a bit of a harder nut, maybe its done by magic.
Shenzhen is awesome! So much going on. Everyone is from somewhere else so you don't get that 'lao difang ren' mentality with swearing, arguing on the street, spitting, day-long-mahjong, etc. It's a very young city. The sort of place you can literally make anything happen. A true city of opportunity.
If PWC are doing this then the winner must be La La Land.
