169:’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.’
72:. 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.
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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,
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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.
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84:, 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.
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68:) 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
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China property market ‘not a bubble’, says EIU in a new report examining the sustainability of china’s housing boom
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fuelled by the ongoing construction boom, rising home and vehicle ownership, and spending on personal appliances.
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245:"The rise of the 'CHAMPS' - New report maps business opportunity in China's fastest growing cities"
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and forecasting their respective populations using a unique methodology that adjusts for
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The acronym was coined by
Stephen Joske, Director, China Forecasting, for the
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Economist
Intelligence Unit Report: China’s Future is Inland
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The report was created by taking a look at China's 287
269:Access China White Paper and CHAMPS Infograph
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292:"The Sustainability of China's Housing Boom"
189:2020–2022 Chinese property sector crisis
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333:Economist Intelligence Unit
280:Economist Intelligence Unit
167:Economist Intelligence Unit
82:Economist Intelligence Unit
70:Economist Intelligence Unit
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88:Cities used in the acronym
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323:2000s in economic history
146:prefecture-level cities
165:On April 6, 2011, the
220:"EIU Media Directory"
179:Real estate in China
16:For other uses, see
184:Reform and opening
161:April 2011 report
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328:Economy of China
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247:. Archived from
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253:. Retrieved
249:the original
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228:. Retrieved
224:the original
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150:urbanisation
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140:Implications
124:Pingdingshan
96:Municipality
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59:ingdingshan
317:Categories
255:2010-11-24
230:2010-11-24
195:References
135:, Liaoning
118:Ma'anshan
94:Chongqing
76:Etymology
173:See also
133:Shenyang
113:Liaoning
52:a'anshan
31:hongqing
120:, Anhui
66:henyang
109:Anshan
24:CHAMPS
18:Champs
128:Henan
104:Anhui
100:Hefei
45:nshan
61:and
38:efei
319::
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102:,
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64:S
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43:A
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