Shenzhen in South China's Guangdong province again tops an urban economic competitiveness list this year, followed by Hong Kong, Shanghai, Guangzhou, and Chinese Taipei, according to the latest report by National Academy of Economic Strategy under the Chinese Academy of Social Sciences.

Statistics show the city's GDP grew 8.9 percent last year to hit 1.75 trillion yuan ($265.9 billion). Meanwhile, its budget revenues surged 31 percent to stand at 272.7 billion yuan, and fixed-assets investment growth reached a 17-year high of 21 percent year-on-year.

Here is a list of the top 10 cities or regions in overall economic competitiveness.

No 10 Wuxi

People walk in a labyrinth made of lavender in front of a shopping center in Wuxi, East China's Jiangsu province, May 29, 2016. [Photo/VCG]