Which cities in China have the most dynamic economies–and why? The Milken Institute's "Best-Performing Cities China" report identifies the urban areas with the most exceptional economic performance in the country.
The index has nine components, taking into account both short-term and middle-term measurements. To gauge future performance, the index weighs jobs and income growth, gross regional product, foreign direct investment, and the strength of high value-added industries in each city. This approach yields a detailed assessment and sheds light on the factors behind the cities' growth.
For nearly twenty years, the Milken Institute's Best-Performing Cities index has objectively measured which U.S. metropolitan areas are promoting economic vitality based on job creation and retention, the quality of new jobs, and other criteria. The index shows where employment is stable and expanding, wages and salaries are increasing, and economies and businesses are thriving. The goal is to help businesses, investors, industry associations, development agencies and government officials, academics, and public-policy groups monitor and evaluate the performance of metros where they work and do business relative to the rest of the country. The index also provides data that can inform approaches to improving a region's performance, and has proven itself a vital tool for understanding consumer markets and business opportunities. The Best-Performing Cities China index is anchored in this heritage of expertise.
A nonprofit, nonpartisan economic think tank, the Milken Institute works to improve lives around the world by advancing innovative economic and policy solutions that create jobs, widen access to capital, and enhance health. We produce rigorous, independent economic researchâ€”and maximize its impact by convening global leaders from the worlds of business, finance, government, and philanthropy. By fostering collaboration between the public and private sectors, we transform great ideas into action. The Milken Institute Asia Center analyzes the demographic trends, trade relationships, and capital flows that will define the regionâ€™s future.
Managing Director, Research
Perry Wong is managing director of research at the Milken Institute. He is an expert on regional economics, development and econometric forecasting. He designs, manages and performs research on labor and workforce issues, the relationship between technology and economic development, and trade and industry, with a focus on policy development and implementation in both leading and disadvantaged regions. Wong is involved in projects aimed at increasing access to technology and advancing regional economic development in California and nationwide. His work extends to the international arena, particularly Asia. Wong has researched the impact of U.S. budget and trade-policy changes on key American industries and regions, health-care reform and its implications for the federal budget and more. Prior to joining the Institute, Wong was a senior economist and director of regional forecasting at Global Insight Inc.
Michael C.Y. Lin is a research analyst at the Milken Institute. His current research focuses on human capital as well as community, urban, and regional planning and development. Prior to joining the Institute, Lin was a teaching associate at the University of Southern California (USC) in the areas of urban and regional economics, informal housing, policy and program evaluation, and quantitative methods and analysis. Lin's articles have been published in such academic journals as the Annals of Regional Science, and he has published two book chapters about community planning and shrinking cities. He was also involved in writing several policy reports on green buildings, sustainable community development, and informal housing. His current working papers explore the relationship between talented individuals and urban development. He has also participated in peer reviews for academic journal articles. Lin holds a bachelor's degree in architecture and a master's degree in urban design, both from the National Taipei University of Technology in Taiwan, and a Ph.D. in policy, planning, and development with a specialization in urban economics from USC.
Research Analyst, Regional Economics Research
Jessica Jackson is a research analyst in regional economics at the Milken Institute. She conducts research related to human capital and regional development. Jackson's current work includes examining the skills gaps in the creative sector of the Los Angeles metropolitan area.
Prior to joining the Institute, Jackson was a teaching fellow at the University of North Texas teaching courses in Macroeconomics. She holds a master's degree in economics focusing on applied econometrics from the University of North Texas, where she also earned BA degrees in economics and history.