Tokyo Ranked 3rd Again in Global Power City Index
2:00 JST, November 21, 2023
Tokyo has been ranked third in the Global Power City Index published by the Mori Memorial Foundation’s Institute for Urban Strategies for the eighth consecutive time.
The institute is a research division of Mori Building Co.
The Japanese capital moved up big in the index’s rankings for livability but slumped to its lowest-ever ranking for economy, at 10th. The decline is due to the fact that Tokyo has not improved regarding such areas as economic growth and the corporate tax rate.
The top 10 cities, led by London in first and New York in second, have not changed their places in the rankings from last year except for Dubai making its debut in the table by replacing Shanghai, which dropped outside of the group. Dubai, which was ranked 11th last year, jumped up to eighth place by winning recognition in its readiness to accept tourists, many of whom are wealthy.
The overall rankings have been calculated by adding up scores given to candidate cities in six functions, such as research and development, cultural interaction and environment. Paris, ranked fourth for two years in a row, almost went neck-to-neck with Tokyo last time, but this time the city’s score in accessibility has dropped because of frequent traffic jams. Among Japanese cities other than Tokyo, Osaka was ranked 37th and Fukuoka 42nd, with both unchanged from last year.
"Society" POPULAR ARTICLE
-
Cherry tree falls on man on Sanneizaka steps leading to famous Kiyomizu Temple in Kyoto
-
Tokyo District Court Rules AI Cannot Be Issued Patents; Law Recognizes Only ‘Natural Persons’ as Inventors
-
Small Animal That Appears to be Mouse Found in Chojuku Bread Products; Some Brands on Same Production Line to be Recalled Voluntarily
-
Earthquake Hits Japan’s Ibaraki, Tochigi, Chiba Prefectures, No Risk of Tsunami
-
Man Repels Bear Attack in Hokkaido by Kicking its Face After Encountering 2 Bears While Sightseeing
JN ACCESS RANKING
- Weakening Yen Adds Complexity to BOJ’s Rate Hike Decisions; Rising Commodity Prices may Impact ‘Virtuous Cycle’ Efforts
- Japanese Seafood Exports to China Sink 57% in FY23; U.S. Becomes Largest Seafood Export Destination
- 70% of Japan Companies to Raise Pay Scales in FY 2024
- 48.6% of Global Patent Applications Related to All-Solid-State Batteries Came from Japanese Firms; Panasonic Tops List
- Minutes Show Policymaker Wants BOJ to Consider Further Rate Hikes Further