2017全球金融中心指数排名_48页-6mb

GFCI 22 Summary

Core Content

The Global Financial Centres Index 22 (GFCI 22), published in September 2017, is a comprehensive evaluation of the competitiveness and attractiveness of global financial centres. It is jointly produced by the China Development Institute (CDI) in Shenzhen and Z/Yen Partners in London, with a strategic partnership established in 2016. The index is updated every March and September and serves as a key reference for policy and investment decisions.

Main Index and Methodology

• Number of Centres: The main index now includes 92 financial centres, up from 88 in the previous edition. Wellington, Buenos Aires, Hamburg, and Chengdu were added from the associate centres list.
• Associate Centres: There are 16 associate centres, which are included in the GFCI questionnaire but have not yet met the assessment threshold to enter the main index.
• Assessment Methodology: The GFCI 22 was compiled using 102 instrumental factors sourced from third-party institutions such as the World Bank, The Economist Intelligence Unit, OECD, and United Nations. These factors were combined with assessments from 3,159 respondents over a 24-month period, resulting in 23,812 valid assessments.

Key Results and Trends

• Top 25 Centres: There was an overall decline in confidence among the top 25 financial centres. Only two centres rose in the rankings, while 23 fell.
• Top 5 Centres:
  • London and New York remained in first and second place, respectively.
  • Hong Kong moved ahead of Singapore into third place, with a rating gap of 12 points.
  • Tokyo stayed in fifth place.
• Regional Performance:
  • Asia/Pacific: All top ten centres fell, with Singapore, Tokyo, and Osaka showing marked declines.
  • North America: All centres fell, with New York experiencing the largest drop.
  • Western Europe: Frankfurt, Dublin, Paris, and Amsterdam rose, while Zurich, Geneva, and Luxembourg fell.
  • Middle East and Africa: Abu Dhabi improved significantly, reducing the gap with Dubai to nine points. Bahrain and Riyadh also showed strong rises.
  • Latin America and Caribbean: British Virgin Islands and Bahamas had strong improvements. Sao Paulo joined the main index, while Santiago remained an associate centre.
  • Eastern Europe and Central Asia: Cyprus, Athens, St Petersburg, and Moscow showed notable gains.
• GFCI 22 Rankings and Ratings:
  • Abu Dhabi ranked 25th with a rating of 682, up 3 positions and 2 points.
  • Shanghai rose 7 positions and fell 4 points to 6th place.
  • Toronto moved up 3 positions and fell 9 points to 7th place.
  • Shenzhen climbed 2 positions and fell 12 points to 20th place.
  • Frankfurt moved up 12 positions and gained 3 points to 11th place.
  • Dubai climbed 7 positions and fell 5 points to 18th place.
  • Bahrain moved up 6 positions and gained 27 points to 51st place.
  • Riyadh moved up 1 position and gained 22 points to 77th place.
  • Chengdu entered the main index for the first time at 86th place.

Areas of Competitiveness

The GFCI 22 model groups competitiveness into five key areas:

1. Business Environment
2. Human Capital
3. Infrastructure
4. Financial Sector Development
5. Reputation

These areas are assessed separately, and the top 15 centres in each sub-index are listed in Table 4. The top four financial centres in the overall index also dominate the sub-indices.

Top 15 Centres by Area of Competitiveness

Key Factors of Competitiveness

The following factors were most frequently mentioned by respondents:

• Business Environment: 712 mentions, highlighting Brexit uncertainty, corruption, and protectionism.
• Human Capital: 684 mentions, emphasizing language skills, personal safety, and human rights.
• Taxation: 567 mentions, focusing on international harmonization and post-Brexit tax implications.
• Reputation: 544 mentions, stressing the need for promotion and perception as a safe and good place to live.
• Infrastructure: 481 mentions, particularly FinTech infrastructure and air travel connectivity.
• Financial Sector Development: 442 mentions, noting concerns over London's post-Brexit status and protectionism's impact.

Abu Dhabi's Progress

• Abu Dhabi Global Market (ADGM) was highlighted as a key driver of the UAE's financial growth.
• ADGM offers English common law, independent regulation, and a FinTech sandbox, earning it the title of Top MENA FinTech Hub by Deloitte.
• It was also recognized as 'Financial Centre of the Year' in the MENA region.
• ADGM plays a crucial role in attracting international investments and enhancing the UAE's financial competitiveness.

Conclusion

The GFCI 22 reflects a dynamic and evolving financial landscape. While traditional hubs like London and New York remain dominant, emerging financial centres in the Middle East, Eastern Europe, and Latin America are showing strong growth. The index underscores the importance of business environment, reputation, and infrastructure in determining a financial centre's attractiveness. The strategic development of ADGM in the UAE is a notable example of how innovation and reform can drive global financial competitiveness.