London, New York and Tokyo Remain the World's Most Attractive Cities
London, New York, and Tokyo were again named as the most comprehensively attractive cities in the Global Power City Index (GPCI) 2017 report published today by The Mori Memorial Foundation’s Institute for Urban Strategies, a research institute established by Mori Building, a leading urban developer in Tokyo. First released in 2008, the annual GPCI report evaluates and ranks 44 major cities according to their “magnetism,” or their overall power to attract creative individuals and enterprises from around the world. Cities are rated on the basis of 70 detailed indicators in six categories: “Economy”, “R&D”, “Cultural Interaction”, “Livability”, “Environment”, and “Accessibility”.
This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171011005011/en/
Overall ranking of all 44 cities and function-specific ranking of top 10 cities (Graphic: Business Wire)
This year, the top three cities - London, New York and Tokyo – all retained their slots, with London maintaining its No. 1 position for the sixth year running. Tokyo, which claimed the No. 3 position for the first time last year, further improved its scores in the field of “Cultural Interaction”, closing the gap on second-placed New York. Paris experienced a significant decline in its ranking in the “Livability” category, due largely to the recent terrorist attacks, but the host city of the 2024 Olympic and Paralympic Games is expected to rise above the competition in the coming years by further strengthening its “Accessibility” scores and recovering its “Cultural Interaction” ratings.
Overall, European cities scored highly on “Livability” and “Environment”, maintaining their reputations as the world’s most livable cities, while U.S. cities maintained their high scores in the areas of “R&D”, underscoring the attraction of these cities for researchers and innovators. Seven Asian cities, topped by Beijing, Tokyo, Shanghai and Hong Kong, featured in the top 10 in the “Economy” category, followed by Dubai, which featured for the first time in this year’s report and achieved strong ratings for its corporate tax rates, ranking No.11 in that indicator category.
Commented Hiroo Ichikawa, Executive Director of The Mori Memorial Foundation, “In the last 10 years, the report has shown that the power of cities has been changing as a result of changes in the macro environment. Our report suggests that a city’s overall power cannot be determined by a single factor, such as economy, but needs to take into account the many factors that define the city. Rapid urbanization and globalization pose both challenges and opportunities for cities, so for cities to thrive, they need to accurately assess their specific strengths and weaknesses, as well as their relative positioning against other cities. We believe that our GPCI report can help policy makers and global companies achieve smarter planning and decision-making in their efforts to thrive in today’s highly competitive global environment.”
- London’s core strengths lay in the category of “Cultural Interaction”, which helped the city keep its No.1 position overall for the tenth consecutive year. London continued to maximize its overall strengths by improved scores in the indicators of GDP Growth Rate and Level of Political, Economic and Business Risk. While there remains some uncertainty surrounding the U.K.’s exit from the EU, London’s balanced strengths across several categories mean the city has the potential to turn challenges into opportunities, extending its commanding lead and continuing forward as the top-ranked city in which to live and work.
- New York, in second place overall, increased its scores in the “Economy” category due to improvements in its Nominal GDP and GDP Growth Rate, but failed to make any significant headway in its overall score, owing to weaker showings this year in the category of “Cultural Interaction”.
- Tokyo maintained its No.3 position and further closed the gap on New York, largely due to improved “Cultural Interaction” indicators, in particular the Number of Visitors from Abroad. Tokyo also further improved its scores in the field of “Accessibility”, due largely to an increase in the number of direct flight connections between Tokyo and overseas cities.
- Dubai and Buenos Aires made their first-ever appearances in the GPCI in 2017 with respective overall rankings of 23rd and 40th. Dubai posted strengths in “Cultural Interaction” (9th) and the “Economy” (11th), thanks mainly to strong evaluations in the area of Number of Luxury Hotel Guest Rooms and Corporate Tax Rates.
- In other parts of the world, Sydney climbed four spots this year to edge its way into the top 10 for the first time in seven years. Cities such as Los Angeles (in 11th position overall), Beijing (13th), San Francisco (17th), Amsterdam (7th), Berlin (8th) and Frankfurt (12th) all significantly improved their rankings from last year, as did Vienna (14th), Stockholm (16th), Zurich (18th) and Copenhagen (20th).
Rutsuko Nakajima, +81 (0)90 9006 5841
Masashi Nonaka, +81 (0)80 1037 7879
Om Business Wire
(c) 2018 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Følg saker fra Business Wire
Registrer deg med din epostadresse under for å få de nyeste sakene fra Business Wire på epost fortløpende. Du kan melde deg av når som helst.
Siste saker fra Business Wire
Zonoville Investments Limited Announces Agreement on Acquisition of RUSAL Shares19.2.2018 18:19 | Pressemelding
Zonoville Investments Limited, a consortium of investors led by Renova Group and Access Industries, announced today that it had reached an agreement with Onexim Group to purchase its 6% stake in the United Company RUSAL Plc. Following completion of the purchase, Zonoville Investments Limited and its associate SUAL Partners Limited will hold, in aggregate, approximately a 26.5% interest in United Company RUSAL Plc. About Renova Renova Group of companies (www.renova.ru) is a major private Russian business group which owns and manages assets in metallurgy, mining, chemical, construction, transport, energy, telecommunications, high-tech engineering, public utilities, medicine and financial sectors in Russia and abroad (CIS, Switzerland, Italy, South Africa and the United States of America). Renova’s largest assets include its interests in UC Rusal, T Plus Group, OCTO Telematics and Swiss-based technology concerns Schmolz+Bickenbach, OC Oerlikon, and Sulzer. About Access Industries Founded
The Digital Health Technology Show: The Leading Show for Healthcare Innovation Comes to London19.2.2018 18:05 | Pressemelding
Medical innovation will take centre stage for 2018, at the largest wearables and disruptive health technology event in the world, with never before-seen devices and applications and a raft of industry-leading speakers. The Digital Health Technology Show returns to London on the 13th & 14th March 2018 at London’s Excel, gathering together more than 6,000 attendees and over 100 exhibitors. The 2018 Conference programme boasts three tracks, with over 100 hours of content programmed. Attendees can choose to attend talks on the Digital Health Disrupt Stage – covering global innovation in healthcare, the Leadership Theatre – where senior healthcare figures in the UK will discuss and debate the challenges ahead, or the Patient Engagement Stage – delivering insights into how technology is being used in the real world. There will also be demonstrations of the latest medical innovations on the Innovation Stage, which will also host a start up competition – The Health Innovation Award. Over 200 s
World Patient Safety Summit is Sold Out But Space is Available at the Breakout Sessions, Held the Day after the World Summit, at the Royal Society in London19.2.2018 13:00 | Pressemelding
The latest advances in vaccine safety, reducing unnecessary C-sections and person & patient engagement will be among the varied breakout sessions offered the day after the 6th Annual World Patient Safety, Science & Technology Summit in London by the Patient Safety Movement Foundation. The breakout sessions will convene on Sunday, February 25, 2018 at the prestigious Royal Society, the independent scientific academy of the United Kingdom and the Commonwealth, dedicated to promoting excellence in science. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20180219005119/en/ Limited Space available to participate with experts at the 6th Annual World Patient Safety, Science & Technology Summit Break Out Sessions at the Royal Society in London (Photo: Business Wire) The breakout sessions are full-day working meetings structured for shared learning on existing Actionable Patient Safety Solutions (APSS) – collaborative, evidence-based pro
Tampere Attracts AV Productions with a New Incentive19.2.2018 12:41 | Pressemelding
One of the City of Tampere’s strategic goals is to be an international meeting place for creativity and innovation. The development of the experience economy is an essential focus of the city’s business policy. The incentive system is being used to attract more local, national and international productions to the Tampere region. The goal is to promote the development of the industry and to increase the number of jobs and the turnover of commercial productions in Tampere. Through the incentive system, an audiovisual production may recover some of the costs it has spent on wages and service purchases in the Tampere region. A production meeting the incentive criteria may be refunded 10–15 per cent of the accepted costs accrued in the region. Professional productions that utilise the Tampere region as their location or use expertise from the area may apply for the incentive. Thanks to the growing number of productions, Tampere will become more visible in films and TV shows, which will add
Tempo Grows Revenue by 38% in 2017 to $17.9 Million19.2.2018 11:14 | Pressemelding
Tempo, creator of efficiency-enhancing project management software solutions for Atlassian’s Jira platform, announced strong results for its 2017 fiscal year ending December 31, 2017. “2017 marks another productive and successful year for Tempo, with December our highest grossing month ever and sales across our product range exceeding expectations,” commented Agust Einarsson, CEO, “The completion of our new cloud infrastructure and successful migration of our entire customer base to Amazon Web Services (AWS) marks a strategic milestone, empowering Tempo with a more scalable underlying platform and enabling us to deploy products to customers faster.” Highlights for 2017 include: Revenue grew 38% year-over-year to US$17.9 million Almost 2,000 new customers were acquired Launched our new cloud infrastructure Expanded product footprint beyond the Atlassian environment with Tempo for Slack North American operations continued to grow More than 120 partners worldwide Celebrated our 10-year an
Morrow Sodali Announces Appointment of David Shammai as Corporate Governance Director - Cross Border19.2.2018 10:05 | Pressemelding
Morrow Sodali today announced that David Shammai has joined the firm as Corporate Governance Director - Cross Border. David joins from APG Asset Management, the Dutch pension fund manager, where in his role as senior corporate governance specialist he was involved in voting, policy, and engagement. Based in the London office, David will focus on the firm’s growing corporate governance activities across its European offices. Together with Morrow Sodali’s expanding team of corporate governance professionals, David will work to further develop the firm’s governance services – ranging from benchmarking and assessments of governance practice to board advisory on engagement with investors. “At Morrow Sodali we recognise that today many of our clients face growing needs for an in-depth and meaningful dialogue with their investors on a broadening range of topics. Having David onboard - from one of the world’s largest fiduciary asset managers - demonstrates our reinforced commitment to helping