A UK government-funded study found that British companies investing in China are missing opportunities in large regional cities by concentrating on the so-called "first-tier" cities of Shanghai, Beijing, Guangzhou and Shenzhen, the Financial Times reported. The report, prepared by the China-Britain Business Council and Leeds University, named 35 other cities with over 1 million people where infrastructure development is rising and economic growth outpaces that of the first tier. Many of the 35 cities lie in the Yangtze River Delta region and the Pearl River Delta, but also include Shenyang and Dalian in the northeast and Chengdu and Chongqing in the west. UK Trade and Investment Minister Digby Jones, who is set to make his third visit to China, noted that "growth is slowing, competition is intensifying and costs are increasing" in China’s larger cities.
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