2022 | StartupBlink View the Global Startup Map p. 87 This is evident from the growing gap between Shanghai and higher ranked cities, as well as the shrinking gap with lower ranked cities Beijing and Shanghai still maintain dominance in the Asia Pacific region where they are ranked 1st and 2nd. Beijing has a strong position and a close total score to Boston and Los Angeles, but the Indian ecosystem of Bangalore is closing the gap with Shanghai. The best news for China comes from its 2nd and 3rd tier ecosystems. Shenzhen increased by 3 places and ranks 18th in the world, while Hangzhou has risen to 30th. As such, China now has 4 cities in the competitive top 30 as opposed to only 3 cities in 2021. This achievement is only matched by the United States. Hong Kong has had a negative momentum both nationally and globally. The ecosystem decreased one spot nationally and was displaced by Hangzhou, while globally it lost 4 spots to rank 36th. This continues a negative trend for Hong Kong, a city that in 2019 was ranked 2nd nationally and 28th globally. Good momentum can be seen in Guangzhou (ranked 51st) and Chengdu (ranked 78th), which maintain their national ranks. Wuhan (ranked 114th) increased by a staggering 60 places globally and 1 place nationally. Entering the global top 200 are Changsha (ranked 127th) and Nanjing (ranked 157th) after jumping 89 and 48 spots respectively. China now boasts 12 cities in the top 200 as opposed to only 9 last year. Some cities with a negative momentum this year include Xiamen (at 188th), TianJin (at 259th), and Zhengzhou (at 470th). Debuting in the top 1000 rankings this year are Yangzhou (at 285th), Xi'An (at 391st), Zhenjiang (at 566), Hainan (at 675th), and Guiyang (at 716th). This brings the total number of Chinese cities in the top 1000 to 44. China’s ecosystems excel in a diverse number of industries. Edtech is ranked 2nd in Beijing and Transportation is 2nd in Shanghai, while Shenzhen is ranked 3rd in Hardware & IoT. Startup Ecosystem Overview The transition China has made from a low-tech developing country to a cuttingedge technological power is inspiring. The Chinese government prioritizes technology development as a strategic goal, as the nation channels massive investments and efforts into becoming a world leader with state of the art tech hubs. However, China has made a clear decision not to open its ecosystems globally. The majority of China's startups are focused only on China’s economy, and have a limited regional or global footprint. Chinese tech users are also relatively isolated from the global Internet by the great firewall which regulates online traffic in China. Given the sheer size of the country’s economy, Chinese ecosystems were able to achieve impressive growth and create an extraordinary number of startups and unicorns. While we once believed that China had the potential to lead the global startup ecosystem in the medium/long term if its approach was open and global, this may no longer be in the cards.