In its latest global city index, Shenzhen has slipped to the bottom of the rankings, marking a significant drop from its previous position as one of the world's most dynamic cities.
According to the index, which is compiled by the Center for International Competitiveness at George Washington University, Shenzhen fell behind Tokyo and Seoul in the ranking of global cities. The index takes into account various factors such as economic growth, technology innovation, education, and quality of life.
The report notes that while Shenzhen has made significant progress in recent years, it still faces challenges in areas such as housing affordability and environmental sustainability. It also highlights the importance of collaboration and connectivity in driving economic growth and competitiveness.
Overall, the report suggests that while Shenzhen has shown impressive growth and development in recent years, there is still much work to be done to ensure sustainable and inclusive growth for all residents.