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The Global Financial Centres Index (GFCI) ranks the competitiveness of financial centres based on over 29,000 assessments from an online questionnaire and over 100 indices from organisations such as the World Bank, the Organisation for Economic Co-operation and Development (OECD), and the Economist Intelligence Unit. The first index was ...
Global Financial Centre Index [20] City of London: 3/10 cities: The GFCI is a ranking of the competitiveness of financial centres based on a number of existing indices in combination with a regular survey of senior industry figures from around the world. Hong Kong ranked third behind New York and London. IT industry competitiveness index [21]
It works in the financial services, technology and voluntary sectors on research, performance review and strategic management. Founded in 1994, Z/Yen has developed the London Accord, the Global Financial Centres Index, the Global Intellectual Property Index for Taylor Wessing and Taskforce 2000 (the UK industry response to the Millennium Bug). [1]
Hong Kong improved its standing among global financial centres in a newly released study, thanks to the popularity of its stock market and many cross-border trading schemes with mainland China ...
London's largest industry remains finance. It is the largest financial exporter in the world, and makes a significant contribution to the UK's balance of payments. [41] [42] In the 2017 Global Financial Centres Index, London was ranked as having the most competitive financial center in the world. [43]
33 70 Beijing 30, Shenzhen 34 EIU - Global City Competitiveness [7] 2012 43 120 ... Z/Yen Group - The Global Financial Centres Index 20 [15] 2016 16 87
In 2009, Seoul ranked 53rd among global financial centres; by 2012, Seoul had risen to number 9. [94] Seoul has continued to build office space with the completion of the International Financial Center Seoul in 2013. It ranked 7th in the 2015 Global Financial Centres Index, recording the highest growth in rating among the top ten cities.
A global city [a] is a city that serves as a primary node in the global economic network. The concept originates from geography and urban studies, based on the thesis that globalization has created a hierarchy of strategic geographic locations with varying degrees of influence over finance, trade, and culture worldwide.