With a vigorous entrepreneurial culture, huge talent pool, efficient local government policy support and promising market niches, China's start-up friendly cities such as Beijing and Shanghai are attracting an increasing number of entrepreneurs.
Beijing, Shanghai and Shenzhen are the most start-up friendly cities in China, according to a ranking released by business analysis platform biaozhun007.com, and co-working office space company UrWork.
The ranking was based on data provided by Tencent Research Institute, taking into account such factors as the number of start-ups, business environment and talent support.
Other cities in the top 10 list include Guangzhou in Guangdong, Hangzhou in East China's Zhejiang Province, Wuhan in Central China's Hubei Province and North China's Tianjin Municipality.
In 2016, China was home to 35 companies out of 173 unicorns, or start-ups valued at more than 1 billion dollars, with most having their headquarters based in these cities, said a report released by Fortune.
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Friendly cities in China