Nantong recognized for investment potential

The skyline of Nantong is pictured. The city was recently honored as one of the top 50 cities with greatest investment potential in China. [Photo/VCG]

Nantong has been hailed as a city with great investment opportunities after being included on a list of the top 50 cities with the greatest investment potential in China, which was released by the World Famous Brands Assembly (WFBA) in Vancouver, Canada, on Jan 4.

The list was made following evaluations of cities based on questionnaires, statistics, visits and the opinion of experts. A total of 118 cities in China were considered for inclusion on the list.

Ten aspects of city life were taken into consideration: transportation, industry, the business environment, investment policies, the environment, public services, the digital economy, living standards, safety, and innovation and vitality, 

Beijing, Shanghai, Xiongan New Area, Shenzhen and Hong Kong took the top five spots on the list, with Nantong being the fourth city included from Jiangsu province, following Suzhou, Nanjing and Wuxi.

According to Chow Kong Shan Kwan, chairman of WFBA, most cities on the list are located in China’s booming strategic economic areas, such as the Beijing-Tianjin-Hebei region, the Yangtze River Delta and Pearl River Delta.

These cities boast significant advantages in terms of policies, transportation and economic growth, setting excellent examples for sound high-quality development, said Chow.

The 13th WFBA convention will take place in Buenos Aires, capital of Argentina, in November. The listed cities may receive invitations to held promotional conferences in various countries, including the United States, France, New Zealand, Singapore and South Korea.