Home > What's New > Latest

Changsha ranks second for nighttime economic influence

By | nxiang.net| Updated:  Jan 27,2022 L M S
Changsha ranked 2nd nationwide in terms of nighttime economic influence in 2021, according to the list of China’s top 10 cities with nighttime economic influence released in Beijing recently.

As an important part of urban economy, nighttime economy is an important symbol to measure the economic vitality of a city. 2019 is the first year of China’s urban night economy. Since 2019, the Report on China’s Nighttime Economy Influence was jointly compiled by China Financial Weekly and Outlook Think Tank to objectively analyze urban nighttime economic influence and show the achievements, experience and inspiration of developing urban nighttime economy.

In 2021, the evaluation scheme for nighttime economy was improved. It added the recommendation of China’s candidate cities (districts and counties) for nighttime economy, and adjusted the professional evaluation indicators and their proportions.

Based on the comprehensive scores, Chongqing, Changsha, Qingdao, Chengdu, Shanghai, Beijing, Wuhan, Shenzhen, Guangzhou and Tianjin stood out from the 30 shortlisted cities and became the top ten with the largest night-time economic influence in 2021.

According to the list, Changsha stays ahead i its nighttime economy strength.

Districts and counties were involved in the evaluation of the nighttime economic influence for the first time. Tianxin District and Furong District in Changsha city entered China’s top 20 districts and counties in terms of nighttime economic influence in 2021.

Over the past year, many cities have taken the nighttime economy as the breakthrough to create new driving forces for urban industrial transformation and urban level improvement, and build a sleepless city.

Meanwhile, more cities are developing nighttime economy. Now, China’s urban nighttime economy is entering a new development stage.
In recent years, Changsha has seen booming nighttime economy. The local government has made unremitting efforts to strengthen the top-level design for nighttime economic development. With the theme of building a “24-hour city”, nighttime consumption resources have been fully integrated, nighttime consumption potential tapped, and nighttime consumption scenes upgraded.

A new business pattern of nighttime economy featuring catering, tourism, shopping, entertainment, sports, exhibitions and performances has gradually taken shape.

In 2021, the Nighttime Economic Development Summit of Chinese Cities was held in Changsha, attracting 100 government representatives and more than 800 enterprise representatives from all over the country, demonstrating fine examples for cities across the country to achieve nighttime economic growth. Business districts, blocks, brands and stores for nighttime economy were selected out.