Euromoney’s Best China Cities survey melds a combination of executive opinion (qualitative ratings) with hard data (quantitative data) from various sources in the market, across a variety of categories, to produce an authoritative ranking of the best cities in the country.
Qualitative data – Senior executives at multi-national corporates and financial institutions are asked to rate their selected cities for which they have knowledge from 1-7 (1=v poor and 7=excellent) across the following key categories:
Education
Environmental sustainability
Financial competitiveness
Hard Infrastructure
Healthcare
Tax
Technology & innovation
Within these categories there are the following 17 sub-indicators to be rated:
Category |
Sub-category |
Education |
The availability of qualified employees in the city |
Environmental sustainability |
Air quality |
Environmental sustainability |
Promotion of green policies and initiatives |
Financial Competitiveness |
Quality and efficiency of the regulatory framework |
Financial Competitiveness |
Breadth and diversity of financial services in city |
Financial Competitiveness |
Connectivity of the city |
Financial Competitiveness |
Ability to obtain foreign direct investment (FDI) |
Hard Infrastructure |
The quality of the roads |
Hard Infrastructure |
Law, order & security |
Hard Infrastructure |
Quality of long distance travel |
Hard Infrastructure |
Quality of mass transit transport |
Healthcare |
Sickness and absenteeism |
Healthcare |
Healthcare accessibility |
Tax |
Forward visibility of tax liabilities |
Tax |
Efficiency of the tax system |
Technology & Innovation |
Quality of technological infrastructure |
Technology & Innovation |
Availability of co-funding |
Quantitative data – Hard data is collected through a variety of sources including government, city/council, federal, national and international websites with reference to the following data buckets, again split by overall categories and sub-categories:
Category |
Sub-category |
Education |
Number of graduates per 100,000 population by country |
Education |
Number of Masters, PHDs, and MBAs per 100,000 population (by country) |
Financial Competitiveness |
City GDP (%PPP) |
Financial Competitiveness |
Domestic credit provided by banking sector % of GDP by country |
Financial Competitiveness |
No of corporate HQs by city (2010) |
Hard Infrastructure |
Population ,000 (2010) |
Hard Infrastructure |
City Length of mass transit (km) (2010) |
Healthcare |
Number of in-patient hospital beds (per 100,000 population) by country |
Healthcare |
Number of physicians (per 100,000 population) by country |
Sustainability |
Co2 emissions per capita metric tons by country |
Sustainability |
Energy use (Total million metric tons of oil equivalent) by country |
Tax |
Number of payments June 2010 by country |
Tax |
Time to prepare, file and pay taxes hours June 2010 by country |
Technology & Innovation |
Number of new patents granted per country (1995-2009) |
Technology & Innovation |
Fixed broadband subscriptions per 100 inhabitants by country(2009) |
Technology & Innovation |
Number of science/engineering graduates per country (total) |
The hard data and soft data are then weighted evenly and added together to produce the final scores out of 100.
