Top 10 Chinese cities for fintech companies in 2020
2021-04-15
KPMG released the China Fintech 50 report in Beijing on Jan 18. This year KPMG has adopted a "Double-50" approach, including 100 outstanding fintech companies on the list.
They were quantitatively assessed in five areas: Technology and data, innovation and change, financial services offered, recognition in capital markets and development foresight.
The report found all of these companies are headquartered in the following 10 cities, which mostly have better resources.
Let's take a look at the 10 cities with the most fintech company headquarters in China.
No 10 Zhuhai
Number of fintech companies on the list: 1
This Dec 10, 2019 photo shows the east square of the new Hengqin port in Zhuhai, South China's Guangdong province. [Photo/Xinhua]
No 9 Chongqing
Number of fintech companies on the list: 1
A building with chopstick-shaped beams in Chongqing on Jan 4, 2021. [Photo/IC]
No 8 Chengdu
Number of fintech companies on the list: 2
People shop at a night market on the street in Chengdu, Southwest China's Sichuan province. [Photo by Hua Xiaofeng/For China Daily]
No 7 Guangzhou
Number of fintech companies on the list: 3
Flowers bloom in the foreground in this view of Guangzhou's central business district, on Oct 20, 2019. [Photo/Sipa]
No 6 Nanjing
Number of fintech companies on the list: 3
Tourists take photos at Xuanwu Lake scenic spot in Nanjing, on Nov 22, 2020. [Photo/IC]
No 5 Hong Kong
Number of fintech companies on the list: 3
Hong Kong city view. [Photo/Agencies]
No 4 Hangzhou
Number of fintech companies on the list: 4
Tourists enjoy the blooming lotus plants on West Lake in Hangzhou, East China's Zhejiang province, June 26, 2020. [Photo/Sipa]
No 3 Shanghai
Number of fintech companies on the list: 23
Skyscrapers tower over the landscape in this Shanghai city view. [Photo/IC]
No 2 Shenzhen
Number of fintech companies on the list: 25
An aerial photo taken on Aug 13, 2020 shows a view of Shenzhen, South China's Guangdong province. [Photo/Xinhua]
