2. Fourth-tier cities are mostly medium-sized cities, with relatively average city size, economic and social development level and traffic construction. Most of the fourth-tier cities are prefecture-level cities, including provincial capitals, capitals and autonomous prefectures. The economic and social development of fourth-tier cities often depends on local small and medium-sized enterprises or resource-based enterprises, and the consumption level of residents is in the process of growth. In the regional strategic layout of large companies and brands, fourth-tier cities often rely on the radiation of regional central cities, which has certain attraction to domestic local small and medium-sized enterprises and second-tier brands.
3. Most of the fifth-tier cities are prefecture-level administrative regions with underdeveloped economy in the western region, and there are also a few small and medium-sized cities in the central and eastern regions. Generally, five-tier cities are small in scale, poor in economic foundation and inconvenient in transportation. The agricultural population of prefecture-level cities, autonomous prefectures, regions and leagues with a limited number of large enterprises still accounts for a large proportion. They are exploring the development direction of urbanization and industrialization, with different economic levels and consumption levels in different places.
Tips: The above contents are for reference only.
Reply time: February 2, 20221. Please refer to the latest business changes announced by Ping An Bank in official website.