Shanghai ranks as the fifth most competitive financial center worldwide, up from sixth last year, thanks to steady growth, outstanding potential and an improved environment.
The Xinhua-Dow Jones International Financial Centers Development Index Report was based on a survey of 6,607 financial services professionals, regulators and decision-makers around the world. Participants were asked to rate more than 45 global financial hubs.
The top 10 cities in the 2014 results are New York, London, Tokyo, Singapore, Hong Kong and Shanghai (the two cities tied for fifth place), Paris, Frankfurt, Beijing and Chicago.
No 10 Chicago
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Fans gather in front of Wrigley Field, Chicago, Illinois, before the 100th anniversary game between the Chicago Cubs and the Arizona Diamondbacks on April 23, 2014. [Photo/IC] |
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