Asian cities lead global peers in dynamism rankings
By Ren Xiaojin | China Daily | Updated: 2019-02-22 08:48
A recent study identified the world's most dynamic cities - those with the most socioeconomic and real estate market change - and Chinese cities claimed nine of the top 20 positions.
The fact that 19 out of the 20 most dynamic cities were from Asia is a solid proof that fast urban growth has shifted from the West to the East, as the continent continues its rapid urbanization and economic growth, according to JLL, the US-based real estate investment company that carried out the study.
The City Momentum Index evaluated 131 major developed and emerging markets over a three-year period and identified the 20 most dynamic cities.
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