There are many cities in the world among which some are developed while many others are developing. The development of any city depends on the working of various fields such as finance, banking, retail, commerce, tourism and many others. Day by day, the cities are becoming advanced with the introduction of new technology.
The World Bank has listed some of the cities as best in the globe from the point of view of financial background. The cities of North America and Europe are some of the leading ones in development and then on the next, it is Asia which has many financially developed cities. Let’s have a look on the Top 10 Most Important Cities In The World.
Boston is one of the most advanced cities situated in Massachusetts in the United States of America. It is economically stable city. It is a center for many manufacturing as well as import activities. Boston has advancement in sectors of education, finance, economy, biotechnology and information.
It has high cost of living. It has many high tech companies due to which there are innovations in the city. Boston has major centers for venture capital. It is listed in one of the most powerful cities of the globe.
9 Lagos (Nigeria)
Lagos is one of the most developing cities in the African continent. It undertakes many financial activities and it has the highest GDP in Africa. Due to the port in the city, the business and commercial activities are increasing and it has become one of the main hubs in the world.
Lagos has many commercial banks and financial institutions. It is also the center for telecommunications. With the high standard of living, Lagos is also becoming one of the important hubs for export activities.
At number 8, it is Seoul which is 16th largest city of the globe. It is a beautiful city with breathtaking landscapes. It is advanced in the field of culture, tourism, music and infrastructure. With the GDP of $845.9 billion, Seoul is defined as most livable city in Asia.
The city has many headquarters of many reputed companies such as Samsung and LG. It is ranked on number 1 in terms of technology. The city has some of the best skyscrapers, airports, world’s largest mall and it also hosts Asian Games and Summer Olympics.
7 Riyadh (Saudi Arabia)
Riyadh is one of the most developed cities in Saudi Arabia. It is leading is education centers, transportation, finance and banking sectors. The city has headquarters of some of the world’s best technology companies. Riyadh has some of the best skyscrapers and centers.
It has international airports and the roadways have major highway system. The media sector is also very developed in Riyadh and it also has good metro system.
Singapore is one of the most beautiful cities in Asia with tremendous developments in every sector. The city has high GDP and high standard of living. It is a hub of all commercial and financial activities. There are many international meetings held in the city.
It has been named as the most Technology-ready country. Singapore is the center for foreign exchange market, refining and trading activities and it is one of the busiest ports in the world. The business can be easily carried in this city due to many options available.
At number 5, it is the capital of Japan, Tokyo. It has world’s most leading technology and high tech companies. It has many television networks such as Tokyo MX, TV Tokyo, TV Asahi and many others. Tokyo is the most livable city in the globe. Tokyo has good shopping malls, nightlife, transportation and road system. It is one of the most expensive cities in the world.
Tokyo has good education system ad it also hosts Summer Olympics. As per the records of the year 2102, Tokyo has GDP of $2 trillion. It is home to many world’s largest investment banks, electronics and broadcasting industries.
4 Hong Kong
Hong Kong is a cosmopolitan country. Many financial activities are undertaken here and so it is one of the most important financial centers in Asia and world. It is also a leading nation in the area of tourism and one of the most famous tourist destinations. The taxation system is very simple in this country.
The country has many famous skyscrapers and modernized transportation system. The Hong Kong Stock Exchange is one of the largest in the globe. It is the major center for import and export activities.
3 Beijing (China)
Beijing is the capital of China. The country has some of the most beautiful architectural sites. Beijing has good culture, economy, architecture, art and many other factors. The country has great highway system and railway networks. It has the Beijing International Airport which is one of the busiest airports in the world.
The city has many tourist places which are named in the list of World Heritage Sites. Beijing hosts the Summer Olympics. It has headquarters of many worlds’ best technology companies. Beijing is the most developed city in China.
2 London, UK
London is second most developed city in the globe. It is advanced in the field of commerce, arts, education, tourism, media, transportation and many others. London is the globe’s biggest financial center. It has many billionaires and international retailers.
London has international airport which is one of the busiest ones in the world. London is the 1st city to host Summer Olympic Games. The city has 20 % of UK’s GDP.
1 New York, USA
At number 1, it is world’s most developed city, New York. It is a hub for all cultural and financial activities. New York has headquarters of the United Nations and it is a significant economic center. It is home to many landmarks such as Times Square.
The city has world’s biggest entertainment industry. It is the world’s largest financial hub having the New York Stock Exchange and NASDAQ. New York has low unemployment rate. It is a center for advertising, legal services, accountancy, theater and many other fields.
These cities are some of the leading ones in the economic and financial activities as per the World bankers and other financial records.
Top 10 Most Important Cities In The World
1. New York, USA
2. London, UK
3. Beijing (China)
4. Hong Kong
7. Riyadh (Saudi Arabia)
9. Lagos (Nigeria)