global economyresearch report

2020 global city strength index report From Mori Memorial group of Japan

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The following is the 2020 global city strength index report From Mori Memorial group of Japan recommended by recordtrend.com. And this article belongs to the classification: global economy , research report.

A novel coronavirus (new crown disease) was the most serious incident in 2020, and who marks it as a global pandemic in March. With the closure of cities, travel bans and other restrictions on the movement of people, the new epidemic has had a wide impact on the urban economic network and lifestyle. In the gpci 2020 survey conducted in August this year, we can see that the impact of the new epidemic is reflected in many indicators, including “flexibility of working methods” and “satisfaction with urban sanitation”.

With the transition of workplace to online, Internet speed has become a factor of “diversity of workplace choice”. On the basis of these changes, new indicators have been added, such as “air quality”, “the number of flights arriving and leaving” and “the convenience of travelling by taxi or bicycle”. In addition, according to a separate survey of urban lifestyle changes, there are some factors that may be added to the gpci assessment process as a new standard.

Report highlights (top 10 cities)

London (number one), which has been ranked number one for nine consecutive years, ranks among the top 10 in all indicator categories except “environment”. London has made significant progress in “accessibility”, replacing Paris as number one, while maintaining its overall leading position in the field of “cultural interaction”. On the other hand, as its “GDP growth rate” fell, London’s score in the “economy” category fell for the second consecutive year. If the economic impact of the new epidemic continues to affect people’s movement and interaction, it will become more important for London to maintain its overwhelming advantage in “cultural interaction”.

New York (ranked second) once again dominated the “economy” category this year, scoring higher in “total employment” and “employment in business support services”; New York also received the highest rating in “diversity of workplace choices.”. Although it maintained the highest ranking in the categories of “R & D” and “cultural interaction”, the score of “flexibility of working style” declined, resulting in the decline of New York in the index of “livability”, and “livability” also became the worst performance area in New York. Considering the impact of the new epidemic and the political differences in the United States, “livability” is a key area that New York should seek to improve.

Tokyo (ranked third) continued to show sustained advantages in all areas, while also improving its scores in “environment” and “accessibility”. Although Tokyo remains third in the “economic” category, the gap with Singapore, which is fourth, is narrowing. “Livability” was the only area in which Tokyo’s ranking fell due to a drop in the score for “flexibility in working style.”. Since being selected as the host city of the Olympic Games in 2013, Tokyo has improved its ranking in “cultural interaction”, but there is still potential for improvement in “nightlife choice” and “number of luxury hotel rooms”.

In contrast to last year’s rating improvement, Paris (No. 4) has fallen back this year. Although the score of Paris in the “economy” index has increased due to the increase of the score of “corporate tax rate”, it has declined from the first place in terms of “livability” and “accessibility”. The ranking in the field of “environment” also declined due to the low score of “urban sanitation satisfaction”, which may be caused by the strike action of urban sanitation workers in February 2020.

Singapore (fifth) has once again established itself as a stable city, rising in all areas except “cultural interaction”. As a global business center, Singapore’s score in the area of “economy” has improved, narrowing the gap with third place Tokyo in this area. Singapore has also overtaken Hong Kong, ranking first in terms of “economic freedom” and improved in terms of “diversity of workplace choices” (ranking third). Competition between Singapore and other Asian financial centers such as Tokyo and Hong Kong is expected to intensify.

Amsterdam (sixth) overtook Paris in terms of “livability” at number one, largely due to its improved score in “total unemployment.”. Amsterdam had the highest overall score in terms of “convenience of taxi or bicycle travel”, and ranked second in terms of “accessibility”. However, due to the low score of “urban cleanliness satisfaction”, its score in the category of “environment” decreased significantly.

Berlin (ranked seventh) surpassed Seoul in the overall ranking, with a significant increase in the score of “livability”, especially in “flexibility of working style”, and the improvement of “committed to climate action” rating also helped to improve Berlin’s performance in the field of environment. However, Berlin’s ranking in the “diversity of workplace choices” has declined, and its weak position in the “economic” category (29th) is the same as last year.

Seoul (No. 8) has significantly improved its ranking in the “environment” category, with a high score in “waste recycling rate” (No. 2) and a significant improvement in “comfortable temperature level”. In terms of “livability”, Seoul scored the lowest in “flexibility of working style”, dropping from 34th to 39th. In terms of “R & D”, Seoul continues to maintain a strong position, with five of the eight indicators in the top 10.

Hong Kong (No. 9) raised its score in the area of “economy”, with high scores in “diversity of workplace choices” (No. 2) and “economic freedom”. As the scores of “number of researchers” and “number of patents” increased, the scores of “R & D” in Hong Kong also increased. On the other hand, Hong Kong’s ranking in the field of “cultural interaction” dropped from 13th to 20th due to the decline in the scores of “tourist attractions” and “attractiveness of shopping choices”.

Shanghai (ranked tenth) rose the most in the overall score in 2020, jumping from 30th to 10th, mainly due to the significant improvement of Shanghai’s ranking in “workplace choice diversity” (ranked 16th) in the “economy” field and “work style flexibility” in the “livability” field. After the outbreak of the new crown disease, Shanghai’s ranking in “work style flexibility” was improved The highest score was in the field. Novel coronavirus pneumonia was felt earlier in Shanghai than in many other city, and took the opportunity to accelerate the development of new work methods.

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