Home / Business / Finance

Shanghai among world's top 10 financial centers

By WU YIYAO in Shanghai | | Updated: 2017-09-20 19:21

Shanghai has been ranked among the world's top 10 financial centers, moving up 7 places to sixth, according to latest research.

This is the first time that Shanghai has been included in top 10 since the research's inception in 2007.

The study, the 22th Global Financial Centres Index (GFCI 22), published by British consultancy services provider Z/Yen and China Development Instituted researched 108 centers for the edition. Shanghai ranks behind London, New York, Hong Kong, Singapore, and Tokyo.

In a sub-ranking for insurance sector, Shanghai takes the first place, showing that insurers are particularly positive about Shanghai as an international center.

The research also reveals that the city has already established its reputation in Asia-Pacific market but needs to more widely known in Europe and North America.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349