HK, Beijing, Shanghai among most ‘magnetic’ cities

Speakers: Wu Manling, Sam Duckett and Lu Sirui

[photo: from dfic.cn]

China's Hong Kong took the ninth spot in the 2017 Global Power City Index (GPCI) report released on Oct 12, followed by Beijing at 13^th and Shanghai at 15^th rank, according to Business Wire.

The annual Global Power City Index report evaluates and ranks 44 major cities according to their "magnetism," or their overall power to attract creative individuals and enterprises from around the world. Cities are rated on the basis of six categories: Economy, R&D, cultural interaction, livability, environment, and accessibility.

Beijing and Shanghai continued to perform strongly in "economy" criteria, achieving respective rankings of third and fifth as a result of their population size and GDP levels, and in terms of the number of the world's top 500 companies with operations there.

Shanghai ranked third in the category of "accessibility", due to the high number of passengers arriving or departing on domestic and international flights serving the city.

Although Hong Kong fell from seventh to ninth in the overall ranking this year, the city continued to score highly in the category of "accessibility".

Two more Asian cities, Singapore and Seoul, were ranked fifth and sixth, while two European capitals, Amsterdam and Berlin, notched the seventh and eighth.

The audio clip is from Studio+, produced by CRI.