Lixia district in Jinan [Photo/dzwww.com]

Lixia district was included in the 2020 list of the 100 regions in China with the most investment potential.

The list was released by the Hurun Research Institute on Dec 6. Shanghai's Pudong New Area took first place, followed by Longgang district in Shenzhen, Chaoyang district in Beijing, Bao'an district in Shenzhen and Haidian district in Beijing.

Lixia, one of the 10 urban districts in the prefecture-level city of Jinan, capital of Shandong province, has been making steady progress in developing its economy and urban areas in recent years.

In 2019, the district's GDP increased by 6.7 percent to 168.54 billion yuan ($23.72 billion), and its general public budget revenue totaled 14.79 billion yuan, up 2.6 percent. Lixia is also home to more than 100 provincial and municipal government agencies and more than 20 colleges, including Shandong University and Shandong Normal University.

The district is well-equipped with business and tourism facilities, including five-star hotels and more than 10 shopping plazas.