Shanghai, Beijing and Shenzhen safely secured their top three spots as financial centers in China, while the country's major centers saw their competitiveness enhanced, according to the 10th edition of the China Financial Center Index released by the China Development Institute, a think tank based in Shenzhen, Guangdong province.
A total of 31 financial centers in China are rated in the index, which is based on 91 criteria involved in the performance of the financial industry, strength of financial institutions, scale of financial market and financial environment.
The index has been updated every year since 2009 to present the new progress in China's financial centers. And all 31 of the financial centers earned higher scores in this year's evaluation, with Shenzhen, Shanghai, Hangzhou, Guangzhou and Nanjing experiencing the biggest jumps.
Now let's look at the top 10 list.
No 10 Wuhan
A woman tries on frames at a store selling customized eyeglasses in Wuhan, Hubei province on May 8, 2018. [Photo/VCG]
No 9 Chongqing
The central business district in Chongqing in August 2018. [Photo/VCG]
No 8 Nanjing
People shop at a mall in Nanjing, East China's Jiangsu province, April 30, 2018. [Photo/IC]
No 7 Tianjin
A view of Tianjin Binhai Library on May 30, 2018. [Photo/VCG]
No 6 Chengdu
Two women take selfies in a panda-themed subway train in Chengdu, Southwest China's Sichuan province, Sept 12, 2018. [Photo/IC]
No 5 Hangzhou
Fashionable women work at Mogu Studio, in Hangzhou, East China's Zhejiang province, Aug 29, 2018. [Photo/VCG]
No 4 Guangzhou
A night view of Guangzhou, Guangdong province, on July 26, 2018. [Photo/VCG]
No 3 Shenzhen
A night view of Shenzhen, Guangdong province, on March 10, 2018. [Photo/VCG]
No 2 Beijing
The central business district in Beijing on Sept 7, 2018. [Photo/VCG]
No 1 Shanghai
Dawn breaks over Lujiazui Financial District in Shanghai on March 7, 2017. [Photo/VCG]
