Beijing is the most startup friendly city in China, according to latest ranking.

The capital city has more companies trading on the country's new over-the-counter market and national platforms for entrepreneurship and innovation than Shanghai, at second spot, and Shenzhen, ranked third, combined.

The list released by a business analysis platform, and UrWork, a co-working office space company founded in 2015, is based on big data provided by Tencent Research Institute.

According to the study, three factors were used to measure entrepreneurship in each city: the number of enterprises or business projects, business environment, and talent support. Here are the top 10 most startup friendly cities in the country:

No 10 Nanjing

Youngsters are live broadcasting over mobile phones in Nanjing, capital of East China's Jiangsu province on July 31, 2017. [Photo/VCG]