[Ratings] Top 25 Asia Pacific financial centers: GFCI
The New York City skyline. [Photo/VCG]. Sketched by the Pan Pacific Agency.
The twenty-sixth edition of the Global Financial Centres Index (GFCI 26) was published on 19 September 2019. GFCI 26 provides evaluations of future competitiveness and rankings for 104 major financial centres around the world. The GFCI serves as a valuable reference for policy and investment decision-makers. 114 financial centres were researched for GFCI 26 of which 104 are now in the main index, reported the LongFinance.net.
This year China Development Institute (CDI) in Shenzhen and Z/Yen Partners in London collaborate in producing the GFCI. The GFCI is updated and published every March and September, and receives considerable attention from the global financial community.
Hong Kong and Singapore are the undisputed leaders among the Asia-Pacific financial centers. The top 25 also included six cities in China (if you include Taipei in China), five cities in the US, three in Canada, two in Japan and South Korea, Wellington (New Zealand), Kuala Lumpur (Malaysia) and Bangkok (Thailand). See the table below for details.
| Centre | Global Financial Centres Index (Sep 2019) | |
| Rank | Rating | |
| Hong Kong | 3 | 771 |
| Singapore | 4 | 762 |
| Shanghai (China) | 5 | 761 |
| Tokyo (Japan) | 6 | 757 |
| Beijing (China) | 7 | 748 |
| Shenzhen (China) | 9 | 739 |
| Sydney (Australia) | 10 | 738 |
| Toronto (Canada) | 11 | 737 |
| San Francisco (USA) | 12 | 736 |
| Los Angeles (USA) | 13 | 735 |
| Chicago (USA) | 16 | 732 |
| Boston (USA) | 18 | 727 |
| Melbourne (Australia) | 19 | 720 |
| Montreal (Canada) | 20 | 716 |
| Guangzhou (China) | 23 | 711 |
| Vancouver (Canada) | 24 | 710 |
| Osaka (Japan) | 27 | 705 |
| Washington DC (USA) | 28 | 702 |
| Wellington (NZ) | 31 | 693 |
| Qingdao (China) | 33 | 688 |
| Taipei (China/Taiwan) | 34 | 687 |
| Seoul (S. Korea) | 36 | 677 |
| Busan (S. Korea) | 43 | 662 |
| Kuala Lumpur (Malaysia) | 45 | 660 |
| Bangkok (Thailand) | 50 | 649 |
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