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| The Bund in Shanghai. The metropolis regained its first place ranking on the list of best cities for business on the Chinese mainland, as the rankings for export-oriented cities such as Guangzhou and Shenzhen dropped, Forbes Magazine said on Wednesday. [Photo/Xinhua] |
Shanghai has reclaimed the title "Best City for Business" after three years, a Forbes magazine ranking showed on Wednesday.
The city's improved position comes as the competitiveness of export-oriented cities in South China declines amid the sluggish global recovery.
The survey, which was the ninth of its kind, ranked 100 cities, evaluating eight factors that could affect business strength, such as labor, transport, costs, innovation and the size of private economy.
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