2016-05-29

China's New "First-Tier" Cities Attract Young Workers

China.org: Why they top China's new first-tier cities?
The new ranking, released by Shanghai-based media group CBN on Monday, lifted Chengdu and six other provincial capital cities, two municipalities and six coastal cities in the east as China's new first-tier cities.

The city of Chengdu, capital of southwest China's Sichuan Province, tops the list, which also includes Hangzhou, Wuhan, Tianjin, Nanjing, Chongqing, Xi'an, Changsha, Qingdao, Shenyang, Dalian, Xiamen, Suzhou, Ningbo and Wuxi.

Instead of GDP and population, the number of brand outlets, catering industry, cinemas and skyscrapers are emphasized more in the list. Chongqing, a municipality in southwest China, comes No. 2 in the amount of high-rises after Shanghai.

To compile the list, CBN emphasized a city's connectivity with the outside world, given its capability of delivering merchandise, cash, talents, lifestyle and even values to neighboring areas.

The use of smartphone apps in transport and online shopping, the availability of subway and the active number of LinkedIn users are also important to measure the vitality of urban residents. Hangzhou, capital city of east China's Zhejiang Province, tops the subindex among the 15 new first-tier cities.
Young people have been abandoning the first-tier of Beijing and Shanghai for awhile, but it is picking up pace and perhaps crossed the tipping point because of the disparity in home prices. In addition the the lower cost of living, there is also less air pollution in several of those cities.

An article on iFeng provides some anecdotes, such as one guy quit his 25,000 yuan a month in Shanghai for a 12,000 yuan a month job in Kunshan and because of lower housing costs, he's coming out ahead.

iFeng: 北上广深金领吃不消房价 降薪跳往二线城市
White shirt, trousers, Shoulin briefcase, Li Gang (a pseudonym) is currently in Shanghai when a company sales director, "Shanghai is an international metropolis, bustling city, indeed more opportunities, but I want to escape, want to skip Jiangsu . "29-year-old, he admitted that, despite five years of work in Shanghai, the monthly income of more than 20,000, but still can not afford a house," this year I'm going to jump to the Kunshan near Shanghai, first, because housing prices, and second, girlfriend in Kunshan. "

Yesterday when a recruiter introduced him to a private enterprise in Kunshan sales management positions, although salaries dropped, but he looks after, or readily accepted. "Dropped from a monthly salary of 20 005 10 002, although fallen by half, but the cost point of view, it's still cost-effective, home prices are low here."

Similarly, this year 37-year-old Xu quit her job in Shenzhen, "high prices is indeed one of the reasons, there is the home to take care of the family, my home is in Suzhou."
Related: Migrants Abandon First-Tier, Will Companies Follow?

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