Logo of Phnom Penh Post newspaper Phnom Penh Post - Guangzhou ‘favourite city’ for graduates

Guangzhou ‘favourite city’ for graduates

Content image - Phnom Penh Post
A woman walks on a street of Guangzhou, South China's Guangdong province. Sipa/CHINA DAILY/ANN

Guangzhou ‘favourite city’ for graduates

Guangzhou, in China’s southern Guangdong province, has become university graduates’ favourite city in the country, Securities Times reported late last week.

China’s financial centre Shanghai and capital Beijing have become the graduates’ second and third choices this year, said a report on renting during the 2020 graduation season.

The report by the Beike Real Estate Research Institute, which is part of the real estate online brokerage Ke.com, reveals that graduates prefer to work and live in a relatively more comfortable urban environment with good public services and appropriate pressure.

The stable and cost-effective housing price is the most attractive reason for Chinese university students to choose Guangzhou after graduation as the housing prices in Guangzhou are the lowest among the four first-tier cities of Beijing, Shanghai, Guangzhou and Shenzhen.

Data from the National Bureau of Statistics show that new home prices in the four cities increased 0.7 per cent last month from April, after having inched up a mere 0.2 per cent from March.

The convenience index reflected by the number of convenience stores a city has is another consideration factor for graduates. In 2018, the number of convenience stores was 7,594 in Shanghai, 6,036 in Shenzhen, 4,960 in Guangzhou and 2,613 in Beijing were.

Although Shenzhen, South China’s Guangdong province, has the highest convenience index of 4.63, the housing price in the city surpasses Beijing and Shanghai, making it less competitive than other cities.

Guangzhou with a convenience index of 3.33 outweighs Shanghai and Beijing, with convenience indices of 3.13 and 1.21, respectively, in this round of competition. The city also has an open and inclusive culture and a relatively lower level of pressure.

About 66.7 per cent of surveyed respondents said the prospect of urban development is the first consideration for young graduates when choosing a city for employment, followed by high-quality job opportunities, said the report.



  • PM: West unfair to Cambodia

    Prime Minister Hun Sen released a message celebrating the International Day of Peace on Monday, saying that some major powers and western countries had been systemically cooperating to put political pressure on Cambodia as they did in the 1970s and 1980s. Hun Sen said pressuring

  • ‘Bad news is an investor’s best friend’ – unlocking investment potential in Cambodia

    It is time to shop. Economic woes provide good pickings for investors if they know where to look The poem If, written by English Nobel laureate poet and novelist Rudyard Kipling for his son circa 1895, is widely perceived as fatherly advice for John who would

  • First ‘mobile kitchen’ in Cambodia enters service

    A catering company recently rolled out Cambodia’s first “mobile kitchen” – a $50,000 container capable of serving up to 200 people at a time. The kitchen is the brainchild of Seng Hok Heng Catering Services. At 4.4m-high, 6.8m-long and 2.4m-wide (expandable to 6.8m), the kitchen is equipped

  • PM requests Russia’s Covid vaccine

    Prime Minister Hun Sen has requested that Russia provide Cambodia with its Covid-19 vaccine after the former announced it planned on mass vaccinating its population next month. The request came on Thursday through the prime minister’s Facebook page as he met with Anatoly Borovik,

  • Kingdom, China rebut basis for US sanctions

    The Council for the Development of Cambodia, the Ministry of Foreign Affairs and International Cooperation, and Tianjin Union Investment Development Group Co Ltd (Tianjin) have responded to US sanctions on Union Development Group Co Ltd (UDG), a Chinese-owned company currently developing the sprawling $3.8 billion Dara

  • Influenza breaks out in eight provinces

    Nearly 600 people have been infected with influenza in eight provinces in the past month, Ministry of Health spokesperson Or Vandine said. The ministry is advising extreme caution. A report released by Vandine on Saturday said the Ministry of Health observed transmissions of influenza between August 15