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| A rainbow arches over Hong Kong's Victoria Harbour on June 19, 2012. The city is on the fourth place of the world's top 20 well-developed international cities in terms of both their capital hubs and innovation centers. [Photo / Agencies] |
China has three of the world's top 20 well-developed international cities in terms of both their capital hubs and innovation centers, according to a ranking published by the Shanghai Academy of Social Sciences on Wednesday.
Hong Kong - fourth on the list - follows New York, London and Paris. Shanghai is 11th and Beijing 15th among the 70 largest international cities, the report said.
This is the first time that China has published a comprehensive ranking of the world cities that have enormous international influence, adding innovation capacity as an important measurable indicator besides economic scale.
"Taking the innovation function into account can better unfold the cities' real strength and help improve their comprehensive development," said Tu Qiyu, deputy head of the Institute of Urban and Demographic Studies of the Shanghai Academy of Social Sciences.
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