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The New York City skyline. [Photo/VCG]. Sketched by the Pan Pacific Agency.

Pan Pacific Agency | COMMUICATION AGENCY FOR PACIFICA REGIONS

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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