China's financial center Shanghai has the best business environment in the country, according to a report on China's urban business environment index jointly released by the China Strategic Culture Promotion Association, the China Economic Media Association, WANB Institute and YICAI Research Institute.

With an index of 86.73, Shanghai topped the list of Chinese cities with the best business environment, followed by capital city Beijing at 84.63 and Shenzhen, in South China's Guangdong province, at 84.48.

The report evaluates Chinese cities according to five "soft environment" indexes — technological innovation, financing, talent, culture and life — and two "hard environment" indexes, natural resources and infrastructure.

Let's take a look at the 10 Chinese cities with the best business environment.