hina’s financial center Shanghai boasts the best business environment in the country, according to a report on China’s urban busi
ness environment index jointly released by the China Strategic Culture Promotion Association, the C
hina Economic Media Association, WANB Institute and YICAI Research Institute.
With an index of 86.73, Shanghai topped the list of Chinese cities with best business environment, followed by the capi
tal city Beijing at 84.63, and then Shenzhen, in South China‘s Guangdong province, at 84.48.
The report evaluates Chinese cities according to five “soft environment” indexes — technological innovation, finan
cing, talent, culture and life — and two “hard environment” indexes, natural resources and infrastructure.