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2015 Summary October 2015 Global Power City Index 2015 1 2 4 5 3 London Tokyo Singapore Paris New York

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1 London

2 New York

3 Paris

4 Tokyo

5 Singapore

6 Seoul

7 Hong Kong

8 Berlin

9 Amsterdam

10 Vienna

11 Frankfurt

12 Sydney

13 Zurich

14 Los Angeles

15 Stockholm

16 Toronto

17 Shanghai

18 Beijing

19 Copenhagen

20 Vancouver

21 San Francisco

22 Madrid

23 Boston

24 Osaka

25 Brussels

26 Barcelona

27 Chicago

28 Geneva

29 Milan

30 Washington, D.C.

31 Istanbul

32 Taipei

33 Bangkok

34 Kuala Lumpur

35 Fukuoka

36 Moscow

37 Mexico City

38 Sao Paulo

39 Mumbai

40 Cairo

2015Summary

October 2015

GlobalPower CityIndex 2015

1

2

4

5

3

London

Tokyo

Singapore

Paris

New York

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Features of the Global Power City Index (GPCI)

In this report, the names of the GPCI functions are marked in bold, those of the indicators in italics, and those of the indicator groups and the factors are enclosed in quotation marks (“ ”).

Major cities around the world today are caught up in

intense and complex competition. The stakes in these

processes of global inter-city interaction are extremely

high. The Global Power City Index (GPCI) evaluates and

ranks the major cities of the world according to their “magnetism,” i.e. their comprehensive power which

allows them to attract creative individuals and business

enterprises from every continent and to mobilize their

assets in securing economic, social, and environmental

development.

The Mori Memorial Foundation’s Institute for Urban

Strategies first released its GPCI in 2008 and has con-

tinued to update its rankings every year based on new

research. Currently, the GPCI is highly regarded as one

of the leading city indices and is utilized as reference

material for policy and business strategies. The GPCI is

utilized by numerous administrative, professional, and ac-

ademic organizations worldwide, including the Japanese

and Tokyo Metropolitan Government.

Moreover, the Institute has actively engaged in dialogue

with leading city experts and exchanged ideas on cities

and competitiveness.

The GPCI continues to evolve: the information is con-

stantly updated and the data collection method is im-

proved. In GPCI-2015, a careful review of data for some

indicators was performed to ensure that evaluations

more accurately reflect actual conditions. This included

the addition of quantitative data to indicators previously

obtained through surveys alone.

The research results of the past eight years should

serve as valuable data to help us understand the chal-

lenges faced by cities around the world, as well as what

makes them appealing. It is hoped that the GPCI can

assist in the formulation of urban policies and corporate

strategies around the world.

* More detailed results of the research conducted for this ranking are scheduled to be published in December 2015 in the Global Power City Index YEARBOOK 2015. That report provides specific details on the methods of research used, scores and ranking analyses for each city, definitions of indicators, and lists of data sources.

1. As opposed to limiting the ranking to particular areas of research such as finance and livability, the GPCI focuses on a wide variety of functions in order to assess and rank the global potential and comprehensive power of a city.

2. The GPCI evaluates the comprehensive power of 40 of the world’s leading cities according to six main functions (Economy, Research and Development, Cultural Interaction, Livability, En-vironment and Accessibility) representing city strength. Additionally, the same cities were ex-amined from the viewpoints of four global actors (Manager, Researcher, Artist and Visitor) and one local actor (Resident). They are personifications of representative citizens with diverse sets of needs and preferences. This double evaluation provides an all-encompassing view of the cities.

3. The GPCI reveals both the strengths and weaknesses of each city and uncovers specific problems to be addressed.

4. The GPCI was produced with the involvement of the late Professor Sir Peter Hall, a global author-ity in urban studies, as well as other academics in this field. The ranking is peer reviewed by inter-national third parties who are experts in their fields.

Global Power City Index 2015 01

Preface

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23 Boston 23 Boston

37 Mexico City 37 Mexico City

21 San Francisco 21 San Francisco

27 Chicago 27 Chicago

16 Toronto 16 Toronto

12 Sydney 12 Sydney

39 Mumbai 39 Mumbai

32 Taipei 32 Taipei

18 Beijing 18 Beijing

17 Shanghai 17 Shanghai

33 Bangkok 33 Bangkok

34 Kuala Lumpur 34 Kuala Lumpur

36 Moscow 36 Moscow

22 Madrid 22 Madrid 29 Milan 29 Milan

13 Zurich 13 Zurich 11 Frankfurt11 Frankfurt

28 Geneva 28 Geneva

25 Brussels 25 Brussels

19 Copenhagen 19 Copenhagen

38 Sao Paulo 38 Sao Paulo

40 Cairo 40 Cairo

35 Fukuoka 35 Fukuoka

24 Osaka 24 Osaka

20 Vancouver 20 Vancouver

31 Istanbul 31 Istanbul 26 Barcelona 26 Barcelona

15 Stockholm 15 Stockholm

14 Los Angeles 14 Los Angeles

30 Washington, D.C. 30 Washington, D.C.

◆ London, New York and Paris retain their hold on the top three places, respectively. Since hosting the 2012 Olympic and

Paralympic Games, London in particular has been steadily increasing its score, further widening its lead on #2 New York.◆ Tokyo continues to maintain the fourth place ranking it has held since the �rst GPCI in 2008. Improvement in Environment,

Accessibility, and Livability slows somewhat, but the city rises from #6 to #5 in Cultural Interaction due to a rapid in-

crease in the number of foreign visitors and international students.

Fig. 1-1 Top 10 Cities by Function

Key Findings

1(Rank)

10

20

30

40

No.2

No.3

No.1

No.19

No.8

No.2

1 London

1

10

20

30

40

(Rank)

No.13

No.5

No.3

No.1

No.18

No.1

3 Paris

1

10

20

30

40

(Rank)

No.17

No.13

No.7

No.2 No.

9No.22

8 Berlin

1

10

20

30

40

(Rank)

No.6

No.8

No.4

No.31

No.6

No.4

5 Singapore

1

10

20

30

40

(Rank)

No.5 No.

11No.24

No.21 No.

24

No.5

7 Hong Kong

1

10

20

30

40

(Rank)

No.16 No.

24

No.15

No.9

No.11

No.3

9 Amsterdam

1

10

20

30

40

(Rank)

No.8

No.6 No.

14No.24

No.25

No.9

6 Seoul

1

10

20

30

40

(Rank)

No.26

No.25

No.9

No.4

No.5

No.20

10 Vienna

Global Power City Index 201502

1. Key Findings of GPCI-2015

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23 Boston 23 Boston

37 Mexico City 37 Mexico City

21 San Francisco 21 San Francisco

27 Chicago 27 Chicago

16 Toronto 16 Toronto

12 Sydney 12 Sydney

39 Mumbai 39 Mumbai

32 Taipei 32 Taipei

18 Beijing 18 Beijing

17 Shanghai 17 Shanghai

33 Bangkok 33 Bangkok

34 Kuala Lumpur 34 Kuala Lumpur

36 Moscow 36 Moscow

22 Madrid 22 Madrid 29 Milan 29 Milan

13 Zurich 13 Zurich 11 Frankfurt11 Frankfurt

28 Geneva 28 Geneva

25 Brussels 25 Brussels

19 Copenhagen 19 Copenhagen

38 Sao Paulo 38 Sao Paulo

40 Cairo 40 Cairo

35 Fukuoka 35 Fukuoka

24 Osaka 24 Osaka

20 Vancouver 20 Vancouver

31 Istanbul 31 Istanbul 26 Barcelona 26 Barcelona

15 Stockholm 15 Stockholm

14 Los Angeles 14 Los Angeles

30 Washington, D.C. 30 Washington, D.C.

◆ In Asia, adverse phenomenon is prominent between mid- and top-rank cities. Singapore (#5) and Hong Kong (#7) make sig-

ni�cant gains, while Shanghai (#17) and Beijing (#18) slip in the rankings after exhibiting promising vitality in previous years.◆ There is a surge by North American cities as Los Angeles jumps from #20 to #14, San Francisco from #32 to #21 and Bos-

ton from #30 to #23. This is due to the broader economic recovery pushing up their scores in Economy and Livability.

Fig. 1-1 Top 10 Cities by Function

Fig. 1-2 Top10 Citiesin Comprehensive Ranking

1

10

20

30

40

(Rank)No.3

No.1

No.2

No.23 No.

27

No.8

2 New York

1

10

20

30

40

(Rank)No.1

No.2 No.

5No.15

No.13

No.11

4 Tokyo

Vienna

London

New York

Paris

Tokyo

Singapore

Seoul

Hong Kong

Berlin

Amsterdam

1011.1

1519.8

1384.1

1307.9

1290.4

1207.4

1088.9

1084.6

1072.8

1062.0

0 200 400 600 800 1,000 1,200 1,400 1,600

10

123456789 Economy Cultural

Interaction

Environment

R&D

Livability Accessibility

Selected Forty Cities

Global Power City Index 2015 03

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1-1 Trends in Function-Specific Rankings

Tokyo (#1), London (#2), and New York (#3) top the list in Econo-my based on their high scores for “Market Size” and “Ease of Doing Business.”

London, ranked #4 last year, moves up to #2 on the back of higher scores for GDP Growth Rate and Corporate Tax Rate. Although Beijing’s score for Level of Political, Economic, and Business Risk

decreases, the city is closing the gap on New York (#3) as it continues to boost its scores for Nominal GDP and World’s Top 300 Companies.

The cities of North America and other English-speaking urban centers, such as London and Singapore, boast outstanding scores for Ease of Securing Human Resources.

New York (#1) powers ahead of Tokyo, London, and Los Ange-les in Research and Development.

Los Angeles (#4) is home to some of the world’s leading educa-tional institutions, including The California Institute of Technology, and therefore scores highly for World’s Top 200 Universities, Number of Winners of Highly-Reputed Prizes (Science and Technology-relat-

ed Fields), Number of Researchers, and Research and Development Expenditure. Istan-bul scores strongly in “Research Background,” especially for Readiness for Accepting Foreign Researchers. This contributes to the city’s jump to #21 from #30 last year.

Cultural Interaction has the top �ve cities in order as London, New York, Paris, Singapore, and Tokyo. London (#1) has pulled away from the other four cities with high scores in all indicators.

New York (#2) is evaluated highly for “Trendsetting Potential,” as is Par-is (#3) for “Attractiveness to Visitors”. Singapore (#4) has an overwhelm-ing score in “Volume of Interaction” compared to any other city.

Tokyo (#5) has steadily worked its way up the list in this function since 2013 when it was ranked #8. The city signi�cantly increases its scores for indicators such as Number of Visi-tors from Abroad and Number of International Students this year, climbing the ranking one spot from #6.

In Livability, the cities of Europe and Canada dominate. Speci�cally, Vancouver (#3), Barcelona (#5), and Geneva (#6), which all rank no higher than #20 in the comprehensive ranking, all feature in the top 10 in this function. These cities are rated highly in “Living Environment” and “Safety and Security.”

London, New York, and Tokyo, cities that rank highly for Econ-omy and Cultural Interaction, have relatively low scores in Liva-bility (#19, #23, and #15, respectively). This is re�ected in the high

“Cost of Living,” such as Average House Rent and Price Level, due to the fact that these cities are characterized by a concentration of economic and cultural functions.

Paris continues to be ranked #1 in this function this year, given that its “Cost of Living” is not as high as London, New York, and Tokyo, while its short Total Working Hours is rated highly.

All of the top �ve places in Environment are occupied by Euro-pean cities: Geneva (#1), Frankfurt (#2), Stockholm (#3), Zurich (#4), and Vienna (#5). The high scores for CO2 Emissions, Percentage of Waste Recycled, and Percentage of Renewable Energy Used point to the innovative environmental policies these cities employ.

Vancouver rises from #23 last year to #7 in this function on the back of a low Density of Suspended Particulate Matter (SPM), as well as strong scores in many other indicators that outstrip its North American counterparts.

Economy

Research and Development

Cultural Interaction

Livability

Environment

Economy

UP!UP!

NO.1 New York2 Tokyo3 London4 Los Angeles

H

No.

Global Power City Index 201504

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London (#1), Singapore (#2), and Hong Kong (#3) maintain their respective rankings from last year. However, Singapore and Hong Kong have closed the gap on London. New York and Paris both improve their scores for “Potential of Business Growth” and manage to move up in the rankings from #6 to #4 and from #8 to #6, respectively. Meanwhile, Shanghai slips from #5 to #7 and Istanbul plummets to #15 from #7.

1-2 Trends in Actor-Specific Rankings

Since the release of the �rst GPCI in 2008, London and Paris have continued to battle for top spot in Accessibility, with the latter prevailing this year. London’s relinquishing title can be attributed to the changes in the de�nitions of several indicators as well as the city’s overall score decline, which in-cludes an increase in the number of Transportation Fatalities per Population. For the eight years since GPCI-2008, London has maintained its global top ranking in the two indicators of Number of Cities with Direct International Flights

and Number of Arriving/Departing Passengers on International Flights.For the newly added indicator of International Freight Flows, the calculation of which

now includes volumes of shipped cargo, Hong Kong (#1) and Shanghai (#2) come out on top. Amsterdam (#3) and Singapore (#4), in this function, boast high scores for both Number of Cities with Direct International Flights and International Freight Flows.

Accessibility

New York (#1) ranks highly, while London (#2) has increased its score for “Qualities of Research Institutions, Researchers, and Directors” and widens the gap with Tokyo (#3). San Francisco climbs to #6 from #8, owing to an overall score increase. Seoul drops from #7 to #10 as the results of North American cities improve.

Paris (#1), New York (#2), London (#3), and Berlin (#4) are well ahead of the cities ranked #5 and below. New York increases its score for “Accumulation of Art Markets” and overtakes London this year. Despite boosting its score for “Environment for Creative Activities” and “Cultural Stimulation,” Berlin remains at #4. In contrast, Beijing greatly increases its score for “Accumulation of Artists” and jumps to #6 from #10.

In order, London (#1), Paris (#2), New York (#3), Istanbul (#4), and Sin-gapore (#5) are evaluated highly. Singapore is ranked highly for “High-class Accommodations,” “Richness of Tourist Attractions,” and “Dining” and signi�-cantly improves its standing from last year (#9). Kuala Lumpur improves its score, especially for “Public Safety,” surging to #22 from #34 last year.

European cities dominate this group, with Paris (#1) and London (#2) lead-ing and Zurich (#4), Frankfurt (#5), and Berlin (#6) following. As a common theme, these European cities tend to be evaluated highly for “Working Envi-ronment” and “Quality of Medical Treatment.” Tokyo, on the other hand, has failed to improve its overall score in these areas and falls from #5 to #8.

NO.1 Paris2 London

Manager

Researcher

Artist

Visitor

Resident

Global Power City Index 2015 05

1. Key Findings of GPCI-2015

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Fig. 2-1 Research Organization

Working Group●Fundamental Research

and Analysis of Cities●Creation of Draft Rankings

CommitteeSupervision of Ranking Creation

Chairman Principal Advisor

Expert PartnersCooperation in Research

Members

Hiroo IchikawaProfessor and Dean, Graduate School of Governance Studies, Meiji UniversityExecutive Director, The Mori Memorial Foundation

Saskia SassenProfessor, Columbia University

Richard BenderProfessor and Dean Emeritus, University of California, Berkeley

Allen J. ScottDistinguished Research Professor, University of California, Los Angeles

Peter NijkampProfessor, VU University AmsterdamFellow, the Tinbergen Institute

Michael Batty CBEProfessor, University College London

Peer ReviewersReview of Ranking

Andrés Rodríguez-PoseProfessor, London School of Economics

Heng Chye KiangProfessor and Dean, National University of Singapore

Sir Peter Hall(1932-2014)

Professor, University College London

Heizo TakenakaProfessor, Keio UniversityDirector of the Global Security Research Institute, Keio UniversityChairman, the Institute for Urban Strategies, The Mori Memorial Foundation

International experts

Hiroo Ichikawa

Principal

Institute for Urban Strategies,The Mori Memorial Foundation Mitsubishi Research Institute, Inc.

Member

2-1 Research Organization

* Some changes were made to the GPCI research organization this year. The Committee welcomed Allen J. Scott (Distinguished Research Professor, University of California, Los Angeles) and Peter Nijkamp (Professor, VU University Amsterdam and Fellow, Tinbergen Institute), both Peer Reviewers up until 2014. Newly appointed is also Michael Batty (Professor, University College London). Andrés Rodríguez-Pose (Professor, London School of Economics) and Heng Chye Kiang (Professor and Dean, National University of Singapore) serve as Peer Reviewers.

The GPCI is created by a research body which com-prises two groups of individuals: the Committee and the Working Group. The Committee, chaired by Heizo Take-naka (Professor at Keio University, Director of the Global Security Research Institute and Chairman of The Mori Memorial Foundation’s Institute for Urban Strategies), supervises the ranking creation process. It comprises six Members, with the late Sir Peter Hall (Professor, Uni-versity College London), who contributed to the original production of the GPCI, as Principal Advisor.

The Working Group, headed by Hiroo Ichikawa (Execu-

tive Director of The Mori Memorial Foundation, Professor and Dean of the Graduate School of Governance Studies at Meiji University) as Principal, performs the data col-lection and analysis to create the rankings for the cities. It also seeks advice from expert partners worldwide to incorporate the perspective of global actors to the evalu-ation.

In order to ensure the impartiality of the ranking cre-ation process and the results, two third-party Peer Re-viewers validate the contents and provide suggestions for improvement.

Global Power City Index 201506

2. Methodology

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2-2 Target Cities

Criteria for Selection

1. Cities found in the top ten of existing, in�uential city rankings, such as the Global Financial Centres Index (GFCI, Z/Yen

Group), Global Cities Index (GCI, A.T. Kearney), and Cities of Opportunity (PricewaterhouseCoopers).

2. Major cities of countries that are in the top ten in terms of competition according to in�uential international competitive-

ness rankings, such as the Global Competitiveness Report (World Economic Forum) and IMD Competitiveness Rank-

ing (Institute for Management Development).

3. Cities which do not meet the above criteria but which are deemed appropriate for inclusion by the GPCI Committee or

its Working Group members

* Some cities match one or more of the above criteria but are not evaluated in the GPCI as necessary data are not available.

Fig. 2-2 40 Target Cities

Tokyo Tokyo New York New York Boston Boston

Mexico City Mexico City

San Francisco San Francisco

Chicago Chicago

Seoul Seoul Toronto Toronto

Sydney Sydney

Mumbai Mumbai

Taipei Taipei

Hong Kong Hong Kong

Beijing Beijing

Shanghai Shanghai

Bangkok Bangkok

Kuala Lumpur Kuala Lumpur

Singapore Singapore

Moscow Moscow

Madrid Madrid

Milan Milan

London London Paris Paris

Vienna Vienna Berlin Berlin

Amsterdam Amsterdam

Zurich Zurich

Geneva Geneva Brussels Brussels

Copenhagen Copenhagen

Frankfurt Frankfurt

Sao Paulo Sao Paulo

Cairo Cairo Fukuoka Fukuoka Osaka Osaka

Vancouver Vancouver

Istanbul Istanbul

Barcelona Barcelona

Stockholm Stockholm

Los Angeles Los Angeles Washington, D.C. Washington, D.C.

Region City

EuropeMadrid, Barcelona, London, Paris, Brussels, Amsterdam, Geneva, Frankfurt, Berlin, Zurich, Milan, Copenhagen, Vienna, Stockholm, Istanbul, Moscow

Africa Cairo

AsiaMumbai, Bangkok, Kuala Lumpur, Singapore, Hong Kong, Beijing, Shanghai, Taipei, Seoul, Fukuoka, Osaka, Tokyo

Oceania Sydney

North AmericaVancouver, San Francisco, Los Angeles, Chicago, Toronto, Washington, D.C., New York, Boston

Latin America Mexico City, Sao Paulo

Global Power City Index 2015 07

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3-1 Ranking MethodFig. 3-1 Flow of Function-Specific Ranking

Functions Indicator Groups No. Indicators

Economy

“Market Size”1 Nominal GDP

2 GDP per Capita

“Market Attractiveness”3 GDP Growth Rate

4 Level of Economic Freedom

“Economic Vitality”5 Total Market Value of Listed Shares on

Stock Exchanges

6 World’s Top 300 Companies

“Human Capital”7 Total Employment

8 Number of Employees in Service Industry for Business Enterprises

“Business Environment”

9 Wage Level

10 Ease of Securing Human Resources

11 Office Space per Desk

“Ease of Doing Business”12 Corporate Tax Rate

13 Level of Political, Economic and Business Risk

Research andDevelopment

“Academic Resources”14 Number of Researchers

15 World’s Top 200 Universities

“Research Background”

16 Academic Performance in Mathematics and Science

17 Readiness for Accepting Foreign Researchers

18 Research and Development Expenditure

“Research Achievement”

19 Number of Registered Industrial Property Rights (Patents)

20 Number of Winners of Highly-Reputed Prizes (Science and Technology-related Fields)

21 Interaction Opportunities between Researchers

CulturalInteraction

“Trendsetting Potential”

22 Number of International Conferences Held

23 Number of Large World-Class Cultural Events Held

24 Trade Value of Audiovisual and Related Services

“Cultural Resources”

25 Environment of Creative Activities

26 Number of World Heritage Sites (within 100km Area)

27 Opportunities for Cultural, Historical and Traditional Interaction

“Facilities for Visitors”

28 Number of Theaters and Concert Halls

29 Number of Museums

30 Number of Stadiums

“Attractiveness to Visitors”

31 Number of Luxury Hotel Guest Rooms

32 Number of Hotels

33 Attractiveness of Shopping Options

34 Attractiveness of Dining Options

“Volume of Interaction”

35 Number of Foreign Residents

36 Number of Visitors from Abroad

37 Number of International Students

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Global Power City Index 201508

3. Result: Function-Specific Ranking

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Functions Indicator Groups No. Indicators

Livability

“Working Environment”

38 Total Unemployment Rate

39 Total Working Hours

40 Level of Satisfaction of Employees with Their Lives

“Cost of Living”41 Average House Rent

42 Price Level

“Security and Safety”43 Number of Murders per Population

44 Disaster Vulnerability

“Living Environment”

45 Life Expectancy at Age 60

46 Openness and Fairness of Society

47 Number of Medical Doctors per Population

“Living Facilities”

48 Population Density

49 Number of International Schools

50 Variety of Retail Shops

51 Variety of Restaurants

Environment

“Ecology”

52 Number of Companies with ISO 14001 Certification

53 Percentage of Renewable Energy Used

54 Percentage of Waste Recycled

“Pollution”

55 CO2 Emissions

56 Density of Suspended Particulate Matter (SPM)

57 Density of Sulfur Dioxide (SO2), Density of Nitrogen Dioxide (NO2)

“Natural Environment”

58 Water Quality

59 Level of Green Coverage

60 Comfort Level of Temperature

Accessibility

“International Transportation Network”

61 Number of Cities with Direct International Flights

62 International Freight Flows

“International Transportation Infrastructure”

63 Number of Arriving / Departing Passengers on International Flights

64 Number of Runways

“Inner-city Transportation Services”

65 Density of Railway Stations

66 Punctuality and Coverage of Public Transportation

67 Commuting Convenience

“Traffic Convenience”

68 Travel Time between Inner-city Areas and International Airports

69 Transportation Fatalities per Population

70 Taxi Fare

The GPCI evaluates its target cities in six urban func-

tions: Economy, Research and Development, Cultural

Interaction, Livability, Environment, and Accessibil-

ity. Each of the functions comprises multiple indicator

groups, which in turn consists of several indicators.

A total of 70 indicators are used in the GPCI. The aver-

age indicator scores of the indicator groups are com-

bined to create the function-speci�c rankings. The com-

prehensive ranking is created by the total scores of the

function-speci�c rankings.

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Global Power City Index 2015 09

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3-2 Comprehensive RankingFig. 3-2 Comprehensive Ranking

1

2

3

4

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6

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8

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10

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15

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23

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25

26

27

28

29

30

31

32

33

34

35

36

37

38

39

40 *Numbers in [ ] are ranks and scores from the GPCI-2014

0 200 400 600 800 1,000 1,200 1,400 1,600 1,800

London(1519.8)[1(1485.8)]

New York(1384.1)[2(1362.8)]

Paris(1307.9)[3(1292.4)]

Tokyo(1290.4)[4(1276.1)]

Singapore(1207.4)[5(1138.6)]

Seoul(1088.9)[6(1117.8)]

Hong Kong(1084.6)[9(1012.8)]

Berlin(1072.8)[8(1054.9)]

Amsterdam(1062.0)[7(1055.5)]

Vienna(1011.1)[10(1004.3)]

Frankfurt(989.6)[11(988.1)]

Sydney(970.1)[13(968.7)]

Zurich(967.3)[12(973.8)]

Los Angeles(962.2)[20(912.0)]

Stockholm(960.3)[16(954.3)]

Toronto(955.5)[17(938.5)]

Shanghai(943.8)[15(958.3)]

Beijing(937.7)[14(960.3)]

Copenhagen(930.4)[18(921.7)]

Vancouver(920.7)[22(894.1)]

San Francisco(916.5)[32(832.0)]

Madrid(904.2)[19(914.8)]

Boston(902.0)[30(846.7)]

Osaka(897.5)[26(872.5)]

Brussels(896.6)[23(884.6)]

Barcelona(893.7)[27(869.3)]

Chicago(886.8)[31(840.9)]

Geneva(882.2)[28(860.4)]

Milan(867.9)[25(874.3)]

Washington, D.C.(865.5)[24(884.4)]

Istanbul(860.1)[21(901.2)]

Taipei(855.9)[33(816.3)]

Bangkok(838.4)[29(851.0)]

Kuala Lumpur(832.3)[34(786.7)]

Fukuoka(777.6)[36(747.4)]

Moscow(741.4)[35(760.3)]

Mexico City(696.8)[37(711.7)]

Sao Paulo(671.2)[38(692.8)]

Mumbai(590.2)[39(615.3)]

Cairo(543.0)[40(537.5)]

Economy R&D Cultural Interaction Livability Environment Accessibility

Global Power City Index 201510

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3-3 Function-Specific RankingTable 3-1 Function-Specific Ranking

Rank Economy R&D Cultural Interaction Livability Environment Accessibility

1 Tokyo 326.7 New York 221.2 London 333.4 Paris 323.8 Geneva 208.1 Paris 236.9

2 London 323.6 Tokyo 167.8 New York 263.5 Berlin 310.1 Frankfurt 205.5 London 234.0

3 New York 302.2 London 161.9 Paris 236.0 Vancouver 302.3 Stockholm 205.0 Amsterdam 207.0

4 Beijing 300.8 Los Angeles 145.0 Singapore 180.3 Vienna 297.8 Zurich 200.9 Singapore 206.7

5 Hong Kong 277.6 Paris 124.2 Tokyo 164.5 Barcelona 296.1 Vienna 198.3 Hong Kong 205.0

6 Singapore 274.5 Seoul 122.7 Beijing 153.9 Geneva 294.1 Singapore 197.5 Frankfurt 201.9

7 Zurich 247.3 Boston 122.3 Berlin 151.5 Toronto 292.2 Vancouver 196.6 Shanghai 195.2

8 Seoul 243.2 Singapore 116.1 Sydney 147.9 Zurich 292.1 London 194.2 New York 194.2

9 Shanghai 239.6 San Francisco 109.6 Vienna 147.4 Amsterdam 290.8 Berlin 191.9 Seoul 189.5

10 Stockholm 227.7 Chicago 104.4 Los Angeles 144.0 Madrid 289.4 Copenhagen 191.6 Istanbul 171.3

11 Geneva 225.0 Hong Kong 91.1 Istanbul 141.2 Copenhagen 286.9 Amsterdam 186.6 Tokyo 169.9

12 Copenhagen 221.3 Osaka 88.4 Brussels 128.3 Milan 284.9 Washington, D.C. 185.7 Kuala Lumpur 153.4

13 Paris 217.5 Berlin 72.3 Barcelona 125.9 Stockholm 283.5 Tokyo 178.8 Brussels 149.4

14 Sydney 214.5 Sydney 67.9 Seoul 124.9 Frankfurt 283.0 Madrid 177.0 Barcelona 147.9

15 Washington, D.C. 211.3 Washington, D.C. 67.6 Amsterdam 119.0 Tokyo 282.8 Sydney 176.9 Milan 147.3

16 Amsterdam 210.3 Shanghai 62.8 Shanghai 113.2 Osaka 280.8 Milan 172.2 Madrid 145.9

17 Berlin 210.2 Toronto 61.9 Mexico City 113.2 Taipei 278.4 San Francisco 170.3 Taipei 145.8

18 Toronto 207.1 Beijing 55.1 Madrid 111.6 Fukuoka 276.6 Paris 169.5 Bangkok 143.5

19 Vancouver 204.4 Taipei 55.1 Bangkok 109.7 London 272.7 Toronto 168.2 Moscow 143.3

20 San Francisco 203.4 Zurich 53.3 Moscow 109.0 Brussels 265.8 Los Angeles 167.9 Vienna 141.7

21 Frankfurt 201.6 Istanbul 52.4 Chicago 105.6 Hong Kong 256.9 Sao Paulo 165.9 Toronto 137.5

22 Taipei 195.1 Moscow 52.1 Milan 98.0 Shanghai 254.4 Fukuoka 164.2 Berlin 136.8

23 Osaka 192.7 Stockholm 50.9 Washington, D.C. 94.9 New York 250.8 Boston 161.9 Chicago 136.0

24 Kuala Lumpur 191.8 Amsterdam 48.4 Hong Kong 93.5 Seoul 250.4 Hong Kong 160.5 Copenhagen 135.0

25 Boston 190.9 Vienna 43.0 San Francisco 92.0 Kuala Lumpur 247.8 Seoul 158.2 Boston 127.7

26 Vienna 182.9 Fukuoka 39.7 Toronto 88.7 Bangkok 244.6 Taipei 156.1 Sydney 124.1

27 Los Angeles 181.6 Vancouver 39.2 Stockholm 76.6 Mumbai 242.6 New York 152.3 Beijing 122.1

28 Chicago 175.9 Geneva 37.5 Osaka 73.6 Sydney 238.7 Kuala Lumpur 143.9 Zurich 121.9

29 Brussels 173.2 Kuala Lumpur 37.1 Boston 72.9 Chicago 237.5 Brussels 143.2 Osaka 121.7

30 Fukuoka 169.2 Brussels 36.7 Copenhagen 67.3 Beijing 236.1 Osaka 140.2 Stockholm 116.6

31 Bangkok 169.1 Barcelona 36.1 Frankfurt 66.3 Singapore 232.3 Barcelona 138.5 Vancouver 114.8

32 Istanbul 162.6 Bangkok 33.1 Vancouver 63.4 San Francisco 231.6 Bangkok 138.4 San Francisco 109.6

33 Mexico City 156.5 Frankfurt 31.3 Sao Paulo 63.4 Boston 226.2 Chicago 127.3 Mexico City 107.3

34 Madrid 153.2 Copenhagen 28.3 Kuala Lumpur 58.3 Los Angeles 225.1 Istanbul 115.8 Cairo 103.8

35 Moscow 152.3 Madrid 27.1 Zurich 51.8 Sao Paulo 219.5 Mexico City 106.4 Washington, D.C. 103.8

36 Barcelona 149.2 Milan 23.5 Cairo 50.1 Istanbul 216.8 Mumbai 105.4 Fukuoka 100.6

37 Milan 142.0 Sao Paulo 16.2 Mumbai 47.6 Mexico City 203.6 Moscow 88.9 Los Angeles 98.7

38 Sao Paulo 133.1 Mexico City 9.9 Geneva 31.8 Cairo 202.6 Cairo 83.1 Geneva 85.7

39 Mumbai 111.7 Mumbai 7.8 Fukuoka 27.3 Washington, D.C. 202.1 Shanghai 78.6 Mumbai 75.1

40 Cairo 98.5 Cairo 4.9 Taipei 25.5 Moscow 195.8 Beijing 69.7 Sao Paulo 73.2

Global Power City Index 2015 11

3. Result: Function-Specific Ranking

Page 14: bold - The Mori Memorial Foundation

Fig. 4-1 Flow of Actor-Specific Ranking

Actors

ResidentVisitorArtistResearcherManager

Needs

5

2

8

8

12

5

12

6

8

2

7

5

9

3

2

7

8

5

10

4

13

2

7

6

13

10

4026263651

1.Environment to Purchase Goods(Prices & Access to Products)

2.Daily Life Environment (Ease of Living)

3.Work Environment(Income &

Employment Opportunities)

4.Educational Environment

5.Leisure Activities6.Public Safety7.Quality of Medical

Treatment

1.Cultural Attractiveness & Opportunities for Interaction

2.Public Safety3.Richness of

Tourist Attractions4.High-class

Accommodations5.Dining (Variety of Cuisines,

Prices etc.)6.Shopping(Environment,

Prices, Attractiveness etc.)

7.Mobility (Travel Time &

Fares to Destinations)

1.Cultural Stimulation

2.Accumulation of Artists

3.Accumulation of Art Markets

4.Environment for Creative Activities(Studio Rent &

Spaces)5.Daily Life

Environment (Ease of Living)

1.Accumulation of Enterprises & Business Deals

2.Potential of Business Growth

3.Ease of Doing Business

4.Business Environment

5.Richness of Human Resources

6.Accumulation of Industry to Support Business

7.Favorable Environment for Employees & Their Families

8.Political & Economic Risk, & Disaster Vulnerability

1.Qualities of Research Institutions, Researchers & Directors

2.Accumulation of Research Institutions & Researchers

3.Opportunities That Stimulate Researchers to Conduct Academic Activities

4.Readiness for Accepting Researchers(Research Funding,

Support with Living Expenses etc.)

5.Career Opportunities for Researchers

6.Daily Life Environment (Ease of Living)

Fun

ctio

ns

Economy

R&D

CulturalInteraction

Environment

Livability

Accessibility

indicatorsindicatorsindicatorsindicatorsindicators

Actor‐Speci�c Ranking

ResidentScore

VisitorScore

ArtistScore

ResearcherScore

ManagerScore

4-1 Ranking Method

Global Power City Index 201512

4. Result: Actor-Specific Ranking

Page 15: bold - The Mori Memorial Foundation

4-2 Actor-Specific RankingTable 4-1 Actor-Specific Ranking

Rank Manager Researcher Artist Visitor Resident

1 London 61.2 New York 65.7 Paris 53.4 London 58.6 Paris 62.5

2 Singapore 59.7 London 55.5 New York 52.9 Paris 51.1 London 56.6

3 Hong Kong 55.3 Tokyo 53.0 London 49.5 New York 50.9 New York 56.1

4 New York 48.7 Paris 48.7 Berlin 46.2 Istanbul 44.6 Zurich 53.2

5 Beijing 47.6 Los Angeles 44.8 Vienna 46.0 Singapore 43.5 Frankfurt 52.5

6 Paris 46.6 San Francisco 42.4 Beijing 45.5 Tokyo 42.5 Berlin 52.4

7 Shanghai 46.2 Boston 38.9 Los Angeles 43.9 Beijing 42.2 Vienna 51.7

8 Tokyo 46.2 Singapore 37.7 Tokyo 43.1 Shanghai 41.8 Tokyo 51.5

9 Seoul 45.2 Chicago 36.4 Amsterdam 42.6 Bangkok 40.5 Stockholm 50.3

10 Kuala Lumpur 45.1 Seoul 36.3 Barcelona 40.6 Berlin 40.4 Amsterdam 48.8

11 Berlin 42.6 Hong Kong 32.3 Madrid 39.9 Barcelona 39.7 Geneva 48.7

12 Stockholm 41.9 Washington, D.C. 31.7 Mexico City 38.1 Vienna 38.6 Boston 48.4

13 Taipei 41.9 Sydney 31.0 Chicago 37.3 Amsterdam 37.6 Copenhagen 48.0

14 Amsterdam 41.8 Berlin 30.9 Shanghai 37.1 Hong Kong 36.3 Washington, D.C. 47.9

15 Istanbul 40.7 Osaka 30.8 Washington, D.C. 37.0 Madrid 36.1 Milan 47.2

16 Copenhagen 40.6 Beijing 30.7 Toronto 36.5 Seoul 34.6 Vancouver 47.2

17 Zurich 40.3 Toronto 26.8 Vancouver 36.1 Toronto 32.5 San Francisco 46.6

18 Toronto 40.3 Vancouver 25.6 Milan 36.0 Brussels 32.4 Toronto 46.0

19 Vienna 39.6 Zurich 25.5 Stockholm 35.3 Milan 32.3 Hong Kong 45.3

20 Bangkok 39.2 Moscow 25.4 Brussels 35.3 Sydney 31.7 Osaka 45.0

21 Vancouver 39.2 Vienna 25.1 Frankfurt 34.5 Frankfurt 31.5 Sydney 44.7

22 Boston 38.4 Stockholm 25.0 Copenhagen 34.4 Kuala Lumpur 31.1 Brussels 44.3

23 Frankfurt 38.1 Amsterdam 24.0 Istanbul 33.9 Chicago 30.5 Madrid 44.0

24 Geneva 38.1 Geneva 22.8 Osaka 33.4 Mexico City 29.6 Seoul 43.6

25 Osaka 35.5 Copenhagen 21.4 Bangkok 33.4 Osaka 29.4 Singapore 43.2

26 Washington, D.C. 35.2 Shanghai 20.5 San Francisco 33.1 Boston 29.0 Barcelona 43.0

27 Barcelona 35.0 Frankfurt 20.1 Fukuoka 32.6 Vancouver 29.0 Fukuoka 43.0

28 Chicago 34.9 Bangkok 20.1 Sydney 32.2 San Francisco 28.6 Taipei 42.8

29 Sydney 34.8 Madrid 19.9 Sao Paulo 31.9 Washington, D.C. 27.7 Los Angeles 41.9

30 Brussels 34.3 Milan 19.8 Kuala Lumpur 31.9 Zurich 27.5 Beijing 41.1

31 San Francisco 33.6 Fukuoka 19.2 Moscow 31.0 Los Angeles 27.2 Shanghai 41.0

32 Fukuoka 32.7 Istanbul 19.2 Mumbai 30.9 Stockholm 26.7 Chicago 40.1

33 Madrid 32.7 Taipei 19.1 Cairo 30.7 Copenhagen 26.6 Moscow 37.3

34 Los Angeles 32.2 Brussels 18.6 Boston 30.1 Cairo 26.3 Kuala Lumpur 33.6

35 Milan 31.3 Barcelona 17.7 Seoul 29.3 Taipei 25.7 Istanbul 32.9

36 Mumbai 28.5 Mexico City 17.4 Zurich 28.4 Moscow 25.3 Mexico City 32.9

37 Mexico City 26.6 Kuala Lumpur 17.2 Taipei 27.4 Mumbai 23.7 Sao Paulo 32.1

38 Moscow 24.4 Sao Paulo 15.8 Geneva 26.2 Fukuoka 23.1 Bangkok 31.1

39 Sao Paulo 24.3 Mumbai 13.6 Hong Kong 19.6 Geneva 21.8 Mumbai 27.9

40 Cairo 23.2 Cairo 11.6 Singapore 18.9 Sao Paulo 20.5 Cairo 25.8

Global Power City Index 2015 13

Page 16: bold - The Mori Memorial Foundation

5-1 Fluctuation in Comprehensive RankingFig. 5-1 Fluctuation in Comprehensive Ranking (GPCI 2008-2015)

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

32

33

34

35

36

37

38

39

40

GPCI2011

GPCI2010

GPCI2009

GPCI2008

GPCI2012

GPCI2013

GPCI2014

GPCI2015

London

New York

Paris

Tokyo

Singapore

Seoul

Hong Kong

Berlin

Amsterdam

Vienna

Frankfurt

Sydney

Zurich

Los Angeles

Stockholm

Toronto

Shanghai

Beijing

Copenhagen

Vancouver

San Francisco

Madrid

Boston

Osaka

Brussels

Barcelona

Chicago

Geneva

Milan

Washington, D.C.

Istanbul

Taipei

Bangkok

Kuala Lumpur

Fukuoka

Moscow

Mexico City

Sao Paulo

Mumbai

Cairo

Global Power City Index 201514

5. Analysis

Page 17: bold - The Mori Memorial Foundation

The cities of Asia and Oceania

can be broadly placed into three

groups that re�ect past ranking

�uctuations.

The �rst group comprises To-

kyo, Singapore, and Seoul. These

three cities have seen few ranking changes since 2012

and remain �rmly entrenched towards the top of the list.

It will be interesting to see whether or not Hong Kong

can force its way into this group, considering that it has

steadily risen in the ranking in recent years.

The second group comprises Beijing and Shanghai.

After increasing their respective rankings up to around

2012-13, these Chinese cities have been on a downward

trend ever since. The slowdown in Economy, the driv-

ing force behind their rise so far, coupled with an overall

downturn in the other functions, have caused their re-

spective comprehensive rankings to fall over the past few

years.

The third group includes seven cities characterized

by relatively low rankings and downward trends: Osaka,

Istanbul, Taipei, Bangkok, Kuala Lumpur, Fukuoka, and

Mumbai. Even though differing individual factors play a

part in the rankings of these cities, declining scores in

some functions is a common trait within this group, nota-

bly Cultural Interaction, Livability, and Environment.

Hong Kong

Tokyo

SingaporeSeoul

Asiaand

Oceania

New York aside, the cities of North and Latin America

can be broadly split into two groups.

One of those groups comprises six North American

cities: Los Angeles, Toronto, Vancouver, San Francisco,

Boston, and Chicago. Despite

falling in the ranking for some

time, these cities have gradually

worked their way back up the

list since 2012, which suggests

they continue to recover from the

Global Financial Crisis of 2008. In contrast with the cities

of the US, the two Canadian cities are characterized by

high scores in Livability and Environment.

The cities in the other group, namely Washington, D.C.,

Mexico City and Sao Paulo have failed to improve their

scores and remain stagnant in the comprehensive ranking.

SanFrancisco

Toronto

VancouverLosAngeles

The cities in Europe and Africa

may roughly be divided into four

groups in their tendency. London

and Paris have been occupying

the top spots since 2008. Amster-

dam, Berlin, Vienna, and Frank-

furt have constantly positioned themselves in the upper

ranks. Zurich, Stockholm, Copenhagen, and Milan have

been stable in the middle ranks. Madrid, Brussel, Barce-

lona, Geneva, Moscow, and Cairo have been declining in

recent years.

From an overall perspective, the cities of Europe are

rated highly in Livability and Environment, and their

comprehensive rankings tend to be swayed by differenc-

es in scores in the other functions, notably Economy,

Research and Development, and Cultural Interaction.

ViennaBerlinFrankfurtAmsterdam

Europeand

Africa

5-2 Analysis of Fluctuation in Comprehensive Ranking

Global Power City Index 2015 15

Page 18: bold - The Mori Memorial Foundation

Since the inception of the GPCI in 2008, none of the

four cities of London, New York, Paris, and Tokyo have

yet to relinquish a spot in the top four. Naturally, each city

has its own strengths and weaknesses, but their over-

whelming comprehensive power continues to sustain

their leading rankings. This section compares the top

four cities in detail.

5-3 Comparison of Top 4 Cities

Fig. 5-2 Top 4 Cities: Comparison in Function-Specific Ranking

Fig. 5-3 Top 4 Cities: Comparison in Actor-Specific Ranking

Economy R&D Cultural Interaction Livability Environment Accessibility

30

40

2010

1

30

40

2010

1

30

40

2010

1

30

40

2010

1

No.1

No.2

No.8

No.27

No.23No.13

No.5

No.3

No.1

No.18

No.1

No.1

No.3

No.2

No.5

No.11

No.13

No.15

LONDON NEW YORK

PARIS TOK YO

No.3

No.1

No.2

No.19

No.8

No.2

No.1

No.4 No.

6 No.8

No.2

No.1

No.4

No.3

No.3

No.2

No.1

No.8

No.1 No.

3No.2

No.6

No.2 No.

3

No.1

No.8

(Rank)

20

10

1

ResidentVisitorArtistResearcherManager

Lond

onN

ew Y

ork

Par

isTo

kyo

Lond

onN

ew Y

ork

Par

isTo

kyo

Lond

onN

ew Y

ork

Par

isTo

kyo

Lond

onN

ew Y

ork

Par

isTo

kyo

Lond

onN

ew Y

ork

Par

isTo

kyo

Global Power City Index 201516

Page 19: bold - The Mori Memorial Foundation

While London is exceptionally

strong overall, it does not perform well in Livability.

This is a common trend among developed cities,

mainly owing to the high costs of living. Among the

40 cities evaluated, there are multiple Livability indi-

cators for which London performs poorly, including

Average House Rent (#37) and Price Level (#29). This

may represent the negative consequence of the city’s

continued improvement.

Comprehensively well-performing, London consis-

tently gets high scores for all indicators in Cultural

Interaction, where it has taken

the top spot since the �rst GPCI in 2008. In particular,

the city is rated highly for Number of Museums (#1),

Number of Foreign Residents (#2) and Number of

Visitors from Abroad (#1).

London also makes a strong show in Economy,

consistently maintaining high scores for indicators

such as Nominal GDP (#3), Total Market Value of

Listed Shares on Stock Exchanges (#4) and Ease of

Securing Human Resources (#2).

It is also worth noting that one reason the English

capital keeps getting ahead of New York on the overall

ranking is its superior Environment scores.

London has maintained the top position since 2012,

falling within the top three for all functions other than

Livability and Environment. As it geared up for the

2012 Olympic and Paralympic Games and other major

cultural and sporting events, London greatly improved

its overall magnetism. The city is still proceeding with

long-term urban development projects in the inner city

and the vicinity of the Queen Elizabeth Olympic Park,

as well as the construction of the Crossrail, a new

east-west railway line. As a global metropolis expect-

ed to see a greater in�ux of people in the years ahead,

all eyes are on how much further London can increase

its comprehensive strength.

London No Olympic hangover for this ceaselessly growing global city

Strengths

LONDON

London New York Paris Tokyo

(1,000 people)

GPCI-2011 GPCI-2012 GPCI-2013 GPCI-2014 GPCI-2015

0

5,000

10,000

15,000

20,000

Fig. 5-4 Number of Visitors from Abroad

London New York Paris Tokyo

(Points)

30

50

90

110

70Average points of 40 cities: 78.4

Fig. 5-5 Price LevelWeaknesses

Global Power City Index 2015 17

5. Analysis

Page 20: bold - The Mori Memorial Foundation

Livability has been an area of weakness, but the

city climbs six places this year to #23. This is partly

due to considerable improvement in Total Unemploy-

ment Rate (#26). Unemployment had been way up in

the aftermath of the 2008 Global Financial Crisis, but

numbers have started to improve

in recent years. The city also had strong scores this

year in the “Living Facilities” indicator group, including

Number of International Schools (#15) and Variety of

Retail Shops (#3).

However, due to low scores in Price Level (#33) and

Average House Rent (#39), New York retains the low-

est Livability score among the top four cities.

Since surrendering the top spot to London in 2012,

New York has remained at second place. In Research

and Development, Cultural Interaction and Econo-

my, the city ranks third or higher, but it is held back by

poor scores in Livability, Environment and Acces-

sibility. Although London has been widening the gap

between them each year, New York could reclaim the

title if it invests in urban renewal projects to deal with

its population expansion.

Research and Development is

New York’s biggest strength. Its high scores in World’s

Top 200 Universities (#1), Research and Development

Expenditure (#1) and Number of Researchers (#2)

keep it well ahead of second-placed Tokyo. The city is

also home to some of the world’s leading educational

institutions, including Columbia University and New

York University, which underpins a strong score for “Academic Resources”.

Given that the city is famous for its Broadway

shows, it is no surprise that New York does well in

Cultural Interaction, where it takes the top spot for

Number of Theaters and Concert Halls. The concen-

tration of culture is one of the city’s strong points,

also re�ected in the top rankings for “Environment of

Creative Activities” and Trade Value of Audiovisual and

Related Services.

Strengths

NEW YORK

London New York Paris Tokyo

(Points)

0

800

600

400

200

1,000

GPCI-2011 GPCI-2012 GPCI-2013 GPCI-2014 GPCI-2015

Fig. 5-6 World Top 200 Universities

London New York Paris Tokyo

3,260 4,300 2,280 2,490

Table 5-1 Average House Rent (USD/month)

* The value of “unfurnished 3-room apartment” (medium price range)

New York The global trendsetter

Weaknesses

Global Power City Index 201518

Page 21: bold - The Mori Memorial Foundation

Paris has stayed in third place since 2008. It is the

weakest of the top four cities in Economy, but is

ranked in the top �ve for Livability, Accessibility,

Cultural Interaction and Research and Develop-

ment.

Paris’ inner city has changed little over the years due

to strict regulations on development, but a number of

large-scale development projects and infrastructure

schemes are underway in other areas. Provided Paris

can continue to preserve its beautiful city landscape

and enhance urban functions where necessary in the

suburbs, the French capital could greatly improve its

overall strength.

PARIS

Paris A dazzling city brimming with enchanting sights and culture

Paris’ strength is re�ected in its top ranking for both

Livability and Accessibility, while it also scores quite

highly in Cultural Interaction (#3).

Major cities in developed countries that boast high

scores for Economy and Cultural Interaction tend

to be impeded by high costs dragging down their

Livability score, but Paris bucks this trend. In fact, it

places �rst in Livability, propelled

by high scores in Total Working Hours (#1), Number

of Medical Doctors per Population (#2), and Variety of

Restaurants (#5).

In Accessibility, Paris also boasts excellent domes-

tic and international connections, taking second in

Number of Cities with Direct International Flights and

�rst in Density of Railway Stations.

The city ranks highly for many Cultural Interaction

indicators, including Number of Large World-Class

Cultural Events Held (#1), Number of Museums (#2),

and Number of Hotels (#1).

London New York Paris Tokyo

742 509 1,241 398

Table 5-2 Number of Hotels

Strengths

Environment is one area of weak-

ness for Paris, and, in comparison with the other top

four cities, Economy also lags.

In Environment, Paris has issues with air quality,

placing #29 for Density of Suspended Particulate Mat-

ter (SPM) and #26 for Density of Sulfur Dioxide (SO2),

Density of Nitrogen Dioxide (NO2).

Paris is ranked in the top �ve for only two Econo-

my indicators: GDP per Capita (#4) and World’s Top

300 Companies (#3). The lack of economic power is

in direct contrast to London and New York, the two

cities it trails in the overall ranking. Unlike those cities,

Paris has failed to provide a business environment that

appeals to corporations, highlighted by its poor scores

for Corporate Tax Rate (#28) and Level of Political,

Economic and Business Risk (#25).

Weaknesses

London New York Paris Tokyo

10

20

30

(μg/m3)

0

40

Fig. 5-7 Density of Suspended Particulate Matter (SPM)

Global Power City Index 2015 19

5. Analysis

Page 22: bold - The Mori Memorial Foundation

Tokyo maintains the fourth-place ranking it has held

since the �rst GPCI in 2008. The Japanese capital still

has a comfortable lead as the top Asian city, but the

gap with �fth-placed Singapore is shrinking every year.

Tokyo lags behind the top three cities in terms of

Cultural Interaction and Accessibility. However,

with the 2020 Olympic and Paralympic Games on

the horizon, the city could be positioned to turn those

scores around. By speeding up redevelopment proj-

ects in central Tokyo and increasing �ights to and from

Haneda Airport, for example, there could be signi�cant

score improvements.

In Environment, Tokyo does not perform well in Percentage of Renewable Energy Used (#32), CO2 Emissions (#30) or Percentage of Waste Recycled (#27), indicating a need for more rigorous environmental policies.

Tokyo also failed to signi�cantly improve its Accessi-bility score this year. The scores for Number of Cities with Direct International Flights (#25) and Number of Arriving/Departing Passengers on International Flights (#12) remain quite low. However, the Japanese govern-ment is currently implementing measures to increase the country’s number of foreign visitors to 20 million annually, which may improve Tokyo’s scores as well.

Tokyo’s score in the World’s Top 300 Companies (#2) has been on decline since it lost the #1 position to Beijing in the GPCI-2014. Howev-er, the Japanese capital remains #1 in Economy, its greatest strength.

Tokyo has climbed one spot in Cultural Interaction to #5 overall, supported by an increase in overseas tourists and international students, particularly from China and Southeast Asia. Tokyo’s Number of Visitors from Abroad (#9) exceeded eight million people annu-ally, while the Number of International Students (#3) surpassed 50,000. This trend has been supported by the sharp depreciation of the yen since 2012.

London New York Paris Tokyo0

3,000

1,500

4,500

GPCI-2011 GPCI-2012 GPCI-2013 GPCI-2014 GPCI-2015

(Points)

Fig. 5-8 World’s Top 300 Companies

London New York Paris Tokyo

(Cities)

GPCI-2011 GPCI-2012 GPCI-2013 GPCI-2014 GPCI-2015

0

50

100

150

200

250

300

350

Fig. 5-9 Number of Cities with Direct International Flights

Tokyo Anticipating an Olympic boost

Strengths

Weaknesses

No.2020

Olympics

TOKYO

Global Power City Index 201520

5. Analysis

Page 23: bold - The Mori Memorial Foundation

October 2015

Edited and published byInstitute for Urban Strategies, The Mori Memorial Foundation

Translated by Alex YeomanDesigned and Produced by Nikkei Printing, Inc.

Institute for Urban Strategies, The Mori Memorial Foundation

Norio Yamato, Koji Sasaki, Yuko Hamada, Kana Ito, Ying Ying Wong

For more information on this report:info@mori-m-foundation.or.jp

Toranomon 37 Mori Building5-1, Toranomon 3-Chome,

Minato-ku, Tokyo, 105-0001 JAPANwww.mori-m-foundation.or.jp/english/

COPYRIGHT©2015 The Mori Memorial Foundation. All Rights Reserved.

This content is for general information purpose only. Unauthorized reproduction of this document is forbidden.

Page 24: bold - The Mori Memorial Foundation

1 London

2 New York

3 Paris

4 Tokyo

5 Singapore

6 Seoul

7 Hong Kong

8 Berlin

9 Amsterdam

10 Vienna

11 Frankfurt

12 Sydney

13 Zurich

14 Los Angeles

15 Stockholm

16 Toronto

17 Shanghai

18 Beijing

19 Copenhagen

20 Vancouver

21 San Francisco

22 Madrid

23 Boston

24 Osaka

25 Brussels

26 Barcelona

27 Chicago

28 Geneva

29 Milan

30 Washington, D.C.

31 Istanbul

32 Taipei

33 Bangkok

34 Kuala Lumpur

35 Fukuoka

36 Moscow

37 Mexico City

38 Sao Paulo

39 Mumbai

40 Cairo

Global Power City Index 2015

COPYRIGHT©2015 THE MORI MEMORIAL FOUNDATION. ALL RIGHTS RESERVED.

2015