shenzhen advanced its ranking to 22nd on the list of global financial centers published in the latest global financial centers index (gfci) report, which was released in pusan, south korea.
among four mainland cities on the list, shenzhen followed shanghai and was followed by beijing and dalian. shanghai ranked 16th, while beijing and dalian stood at 29th and 51st, respectively.
it's the first time for dalian to be listed in the global financial centers ranking.
the report showed the competitiveness of u.s. financial centers has improved, while traditional european financial centers have weakened.
among the top 10 world financial centers, new york and london took the leading positions and their rating gap with other cities is widening.
hong kong, singapore and tokyo retained third to fifth place, respectively.
the latest gfci tracked 75 financial centers globally, taking into account 64 factors grouped into five areas including people, business environment, infrastructure, market access and overall competitiveness.
the latest report is the 17th gfci, which has been produced biannually by the z/yen group for the city of london corp. since march 2007.
(source:shenzhen daily)
