Shenzhen Ranked No. 9 in Global Financial Centers Index

Published on March 18, 2010 by Rebecca | This story has been viewed 215 times

Central News Agency reported that according to the latest survey of the global 75 financial centers announced by the City of London government on 12th December, both London and New York ranked No.1 and Hong Kong is closely next to them. For the Mainland of China, Shenzhen ranked No.9, Shanghai No.11, and Beijing No.15, and Taibei City ranked No.21.

Shenzhen Ranked No. 9 in Global Financial Centers Index

Shenzhen Ranked No. 9 in Global Financial Centers Index

Since March of 2007, the City of London government commissioned Z/YenGroup to investigate the global financial professionals once half a year and to launch Global Financial Centers Index report. Till this year, there are a total number of 1690 experts to participate in the evaluation.

Global Financial Centers Index includes the survey of professionals, business environment, market access, infrastructure, competitiveness, capital access and so on, then evaluates each of them respectively and finally adds the scores up.

The world’s top 15 largest financial centers are: London, New York, Hong Kong, Singapore, Tokyo, Chicago, Zurich, Geneva, Shenzhen and Sydney, Shanghai, Toronto, Frankfurt, Boston, Beijing and San Francisco.

As the survey showed, although London and New York ranked No.1, the total score gap of Hong Kong and Singapore continues to shrink.

The Policy Chairman of the City of London Stuart Fraser said that the survey results would be a signal for the policy makers in London, in addition to the United States, the increasing competitiveness in Asia would be also noteworthy.

Shenzhen Post Rebecca Contributes to the Story.

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