The Shanghai Municipality, east China's booming coastal city, has topped all
other regions in China for overall economic competitiveness, the Beijing Evening
News cited a report as saying on Tuesday.
The Chinese capital Beijing
ranked second followed by southern China's Guangdong Province, according to the
newspaper.
The report used data on the economic conditions of China's 31
provincial regions between 2004 and 2005. The areas were assessed using eight
major indices such as macro-economy, industrial economy, sustainable development
and finance.
Since the 2004 report, southwestern China's Sichuan
Province moved up eight spots on the chart, making the most progress, while the
inland economies of Shaanxi, Hunan and Chongqing all moved up three spots.
The report was jointly published on Tuesday by the Fujian Normal
University, the Management World magazine under the Development Research Center
of the State Council and the Social Sciences Academic Press under the Chinese
Academy of Social Sciences.
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