CHAMPS ( Chongqing, Hefei, Anshan, Ma'anshan, Pingdingshan and Shenyang) is an acronym that represents the top 20 emerging cities in China. It was coined in October 2010 by Stephen Joske, Director, China Forecasting, for the

Economist Intelligence Unit The Economist Intelligence Unit (EIU) is the research and analysis division of the Economist Group, providing forecasting and advisory services through research and analysis, such as monthly country reports, five-year country economic forecasts, ...

. It was created to support a report conducted by the Economist Intelligence Unit’s Access China Service, ‘CHAMPS: China’s fastest-growing cities’. These cities are favoured for several reasons, including the breadth of business opportunities available, the ongoing construction boom, rising home and vehicle ownership and spending on personal appliances.

Etymology

The acronym was coined by Stephen Joske, Director, China Forecasting, for the

, and was released to the public along with a detailed report and accompanying infograph in November 2010. Although the term only uses six of the top 20 emerging cities, it represents all twenty.

Cities used in the acronym

Chongqing Chongqing ( or ; ; Sichuanese dialects, Sichuanese pronunciation: , Standard Mandarin pronunciation: ), Postal Romanization, alternately romanized as Chungking (), is a Direct-administered municipalities of China, municipality in Southwes ...

Municipality *

Hefei Hefei (; ) is the capital and largest city of Anhui Province, People's Republic of China. A prefecture-level city, it is the political, economic, and cultural center of Anhui. Its population was 9,369,881 as of the 2020 census and its built-up ( ...

Anhui Anhui , (; formerly romanized as Anhwei) is a landlocked province of the People's Republic of China, part of the East China region. Its provincial capital and largest city is Hefei. The province is located across the basins of the Yangtze River ...

Anshan Anshan () is an inland prefecture-level city in central-southeast Liaoning province, People's Republic of China, about south of the provincial capital Shenyang. As of the 2020 census, it was Liaoning's third most populous city with a population ...

Liaoning Liaoning () is a coastal province in Northeast China that is the smallest, southernmost, and most populous province in the region. With its capital at Shenyang, it is located on the northern shore of the Yellow Sea, and is the northernmost ...

Ma'anshan Ma'anshan (), also colloquially written as Maanshan, is a prefecture-level city in the eastern part of Anhui province in Eastern China. An industrial city stretching across the Yangtze River, Ma'anshan borders Hefei to the west, Wuhu to the sout ...

, Anhui *

Pingdingshan Pingdingshan (), also known as Eagle City ( zh, s=鹰城, p=Yīngchéng, t=鷹城), is a prefecture-level city in central Henan province, China. It had 4,904,701 inhabitants at the 2010 census whom 1,756,333 lived in the built-up (or metro) are ...

Henan Henan (; or ; ; alternatively Honan) is a landlocked province of China, in the central part of the country. Henan is often referred to as Zhongyuan or Zhongzhou (), which literally means "central plain" or "midland", although the name is al ...

Shenyang Shenyang (, ; ; Mandarin pronunciation: ), formerly known as Fengtian () or by its Manchu language, Manchu name Mukden, is a major China, Chinese sub-provincial city and the List of capitals in China#Province capitals, provincial capital of Lia ...

, Liaoning

Implications

The report was created by taking a look at China’s 287

prefecture-level cities A prefecture-level city () or prefectural city is an administrative division of the People's Republic of China (PRC), ranking below a province and above a county in China's administrative structure. During the Republican era, many of China' ...

and forecasting their respective populations using a unique methodology that adjusts for

urbanisation Urbanization (or urbanisation) refers to the population shift from rural to urban areas, the corresponding decrease in the proportion of people living in rural areas, and the ways in which societies adapt to this change. It is predominantly the ...

and flows of migrant labour within China. They checked all cities with a population of less than 1 million by 2014, and ranked the remaining 86 cities by a variety of growth measures, including their own forecasts of population and real GDP growth to create the finalised top 20 emerging cities. The cities that are part of this group are considered to be very promising because over the next decade, their population will grow by approximately 30% to 85 million, making central China a global hotspot for business opportunity. The CHAMPS highlight the breadth of business opportunities available, fuelled by the ongoing construction boom, rising home and vehicle ownership, and spending on personal appliances.

April 2011 report

On April 6, 2011 the

’s Access China service produced a report on the demand for housing in China over the next decade. ‘Building Rome in a day: The sustainability of China’s housing boom’ forecasts the population and average income in nearly 300 Chinese cities, and the implications of this for housing demand. The report states that ‘with China’s property market being an important global economic indicator, China’s housing boom will present opportunities for investors in sectors such as furniture, cars and building materials.’China property market ‘not a bubble’, says EIU in a new report examining the sustainability of china’s housing boom
/ref>

References

{{DEFAULTSORT:Champs 2000s economic history Economy of China Economist Intelligence Unit

Etymology

Cities used in the acronym

Implications

April 2011 report

See also

References