The comprehensive index of the flow of production factors and economic resources in Shenzhen is ranked sixth among major cities of the world's four major bay areas, according to a research report released on April 27.

"Research on Flow Indexes of the World's Four Major Bay Areas (2020-21): Focus on the Flow of Talents" compares the flow of production factors and economic resources in the bay areas of New York, San Francisco, Tokyo and the Guangdong-Hong Kong-Macao Greater Bay Area.

It also proposes some ways to improve the liquidity of production factors and economic resources in the GBA.

The report was jointly published by the Shenzhen Academy of Social Sciences and the Institute of Studies for the Greater Bay Area of Guangdong.

It is based on analysis of data on flows of talents, capital, commodities and information, as well as the liquidity environment. From this, a liquidity evaluation index system was developed to assess the performances of different cities in the major bay areas.

Wang Jingsheng, head of the social survey center of the Counselors' Office of the State Council, said this research would continue in the future to provide Shenzhen's innovation-driven development with more theoretical support.

Wang Weili, deputy president of SASS, introduced the main content, saying Shenzhen had done a good job in science and technology information flow, and possessed comparative advantages in the overall volume of cargo transportation and reliance on exports.

He said that Shenzhen, as the youngest city, attracted young talents from all over the world, and its demographic structure had great potential for its future economic growth.

Wang Yuejun, executive head of the ISGBA, said the report was relevant to Shenzhen's efforts to attract talents, a core competence of the GBA.

The report suggests Shenzhen should build a comprehensive platform for exchanges of international talents, dock with the international talent system, and build a public service system to make its talent environment more open, inclusive and convenient.

Other experts also spoke highly of the report, and urged Shenzhen to attach more significance to attracting talents and putting good talent policies into place.