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 infographic 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 ChongqingPostal Romanization, Previously romanized as Chungking ();. is a direct-administered municipality in Southwestern China. Chongqing is one of the four direct-administered municipalities under the State Council of the People's Republi ...

Municipality *

Hefei Hefei is the Capital city, capital of Anhui, 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. Its built-up (or ''metro'') area is made up of four u ...

Anhui Anhui is an inland Provinces of China, province located in East China. Its provincial capital and largest city is Hefei. The province is located across the basins of the Yangtze and Huai rivers, bordering Jiangsu and Zhejiang to the east, Jiang ...

Anshan Anshan ( zh, s=鞍山, p=Ānshān, l=saddle mountain) 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' ...

Liaoning ) , image_skyline = , image_alt = , image_caption = Clockwise: Mukden Palace in Shenyang, Xinghai Square in Dalian, Dalian coast, Yalu River at Dandong , image_map = Liaoning in China (+all claims hatched).svg , ...

Ma'anshan Ma'anshan ( zh, s=马鞍山, t=馬鞍山, p=Mǎ ān Shān), also colloquially written as Maanshan, is a prefecture-level city in the eastern part of Anhui province in Eastern China. Its aliases include Taiping, Steel City, and Poetry City. An i ...

, Anhui *

Pingdingshan Pingdingshan ( zh, s=平顶山, t=平頂山, p=Píngdǐngshān), 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 who ...

Henan Henan; alternatively Honan is a province in Central China. Henan is home to many heritage sites, including Yinxu, the ruins of the final capital of the Shang dynasty () and the Shaolin Temple. Four of the historical capitals of China, Lu ...

Shenyang Shenyang,; ; Mandarin pronunciation: ; formerly known as Fengtian formerly known by its Manchu language, Manchu name Mukden, is a sub-provincial city in China and the list of capitals in China#Province capitals, provincial capital of Liaonin ...

, 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 China, People's Republic of China (PRC), ranking below a province of China, province and above a Counties of the People's Republic of China, county in China's ...

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

urbanisation Urbanization (or urbanisation in British English) is 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 can also ...

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
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References

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

Etymology

Cities used in the acronym

Implications

April 2011 report

See also

References