China’s second- and third-tier cities are often cited as engines for growth in retail spending. Yet a research report unveiled earlier this month by the China Real Estate Information Corp., or CRIC, suggests many can be risky when it comes to real estate development. CRIC, a research arm of U.S.-listed, Shanghai-based real estate brokerage E-House, included measures of supply, demand, purchasing power and infrastructure conditions in compiling the list. A high score implies greater risk. The results follow:
Rank, City, Province, Score
1. Longnan, Gansu Province, 100
2. Wuwei, Gansu Province, 89.41
3. Jiuquan, Gansu Province, 87.21
4. Dingxi, Gansu Province, 73.71
5. Ordos, Inner Mongolia Autonomous Region, 71.81
6. Guyuan, Ningxia Hui Autonomous Region, 69.09
7. Pingliang, Gansu Province, 67.85
8. Yan’an, Shaanxi Province, 67.55
9. Qingyang, Gansu Province, 65.75
10. Zhang Jiajie, Hunan Province, 65.42
11. Bazhong, Sichuan Province, 62.77
12. Lhasa, Tibet, 60.48
13. Shangluo, Shaanxi Province, 59.88
14. Zhaotong, Yunnan Province, 59.75
15. Lincang, Yunnan Province, 59.24
16. Zhangye, Gansu Province, 57.85
17. Tianshui, Gansu Province, 56.87
18. Guangyuan, Sichuan Province, 56.47
19. Huaihua, Hunan Province, 56.16
20. Bozhou, Anhui Province, 55.94
21. Baicheng, Jilin Province, 54.81
22. Songyuan, Jilin Province, 54.81
23. Ganzhou, Jiangxi Province, 54.8
24. Yulin, Shaanxi Province, 54.57
25. Hezhou, Guangxi, 54.35
26. Hechi, Guangxi, 54.34
27. Ya’an, Sichuan Province, 53.47
28. Shaoyang, Hunan Province, 53.11
29. Yizhou, Shanxi Province, 52.73
30. Baoshan, Yunnan Province, 52.68
31. Anshun, Guizhou Province, 52.57
32. Ankang, Shaanxi Province, 52.54
33. Fuyang, Anhui Province, 51.96
34. Ji’an, Jiangxi Province, 51.81
35. Shangrao, Jiangxi Province, 51.68
36. Guang’an, Sichuan Province, 51.35
37. Lu’an, Anhui Province, 51.09
38. Quzhou, Zhejiang Province, 51
39. Baiyin, Gansu Province, 50.99
40. Nanchong, Sichuan Province, 50.73
41. Heihe, Heilongjiang Province,50.66
42. Guigang, Guangxi, 50.54
43. Leshan, Sichuan Province, 50.5
44. Zunyi, Guizhou Province, 50.38
45. Yichun, Jiangxi Province, 49.93
46. Shuang Yashan, Heilongjiang Province, 49.19
47. Lishui, Zhejiang Province, 48.73
48. Ziyang, Sichuan Province, 48.09
49. Meizhou, Guangdong Province, 48.04
50. Shanwei, Guangdong Province, 47.8
— with Cherish Xiong
— Follow me on Twitter @rflannerychina