Top 5 Financial Centers/Cities of The World

3) Shanghai

GFCI rating: 748

The market cap of the Shanghai stock exchange: US$6.98 trillion

Classified as Alpha+ (global first tier) city, Shanghai is one of the most advanced cities in the world and serving as the epicenter of China’s success. It is the third most populous city in the world and ranks as the third city hosting most billionaires. Shanghai is a global center for finance, research, manufacturing, and its port is the world’s busiest. Shanghai stock exchange is the third-largest stock exchange in terms of market capitalization and the city ranks 3rd on the Global financial centers index (GFCI). Besides being one of the top global financial centers, some of the most prestigious and highly-ranked tertiary education institutes are in Shanghai. Shanghai world financial center is a landmark building of the city along with the supertall Shanghai Tower and Jin Mao Tower.