HK, Bei­jing, Shang­hai among most ‘mag­netic’ cities

China Daily (Canada) - - NEWS CAPSULE -

Hong Kong took the ninth spot in the 2017 Global Power City In­dex (GPCI) re­port, fol­lowed by Bei­jing at 13th and Shang­hai at 15th rank, ac­cord­ing to Busi­ness Wire.

The an­nual 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 six cat­e­gories: econ­omy, R&D, cul­tural in­ter­ac­tion, liv­abil­ity, en­vi­ron­ment and ac­ces­si­bil­ity.

Although Hong Kong fell from sev­enth to ninth in the over­all rank­ing this year, the city con­tin­ued to score highly in the cat­e­gory of “ac­ces­si­bil­ity”.

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