Top 10 Most Important Cities In The World

There are many cities in the world among which some are developed while many others are developing. The development of any city depends on the working of various fields such as finance, banking, retail, commerce, tourism, and many others. Day by day, the cities are becoming advanced with the introduction of new technology.

The World Bank has listed some of the cities as best in the globe from the point of view of financial background. The cities of North America and Europe are some of the leading ones in development and then on the next, it is Asia which has many financially developed cities. Let’s have a look at the Top 10 Most Important Cities In The World.

10. Boston

Boston is one of the most advanced cities situated in Massachusetts in the United States of America. It is an economically stable city. It is a center for many manufacturers as well as import activities. Boston has advancement in sectors of education, finance, economy, biotechnology, and information.

It has a high cost of living. It has many high tech companies due to which there are innovations in the city. Boston has major centers for venture capital. It is listed in one of the most powerful cities in the globe.

9. Lagos (Nigeria)

Lagos is one of the most developing cities on the African continent. It undertakes many financial activities and it has the highest GDP in Africa. Due to the port in the city, the business and commercial activities are increasing and it has become one of the main hubs in the world.

Lagos has many commercial banks and financial institutions. It is also the center of telecommunications. With the high standard of living, Lagos is also becoming one of the important hubs for export activities.

8. Seoul

At number 8, it is Seoul which is the 16th largest city in the globe. It is a beautiful city with breathtaking landscapes. It is advanced in the field of culture, tourism, music, and infrastructure. With a GDP of $845.9 billion, Seoul is defined as the most livable city in Asia.

The city has many headquarters of many reputed companies such as Samsung and LG. It is ranked number 1 in terms of technology. The city has some of the best skyscrapers, airports, the world’s largest mall and it also hosts Asian Games and Summer Olympics.

7. Riyadh (Saudi Arabia)

Riyadh is one of the most developed cities in Saudi Arabia. It is leading is education centers, transportation, finance, and banking sectors. The city has headquarters of some of the world’s best technology companies. Riyadh has some of the best skyscrapers and centers.

It has international airports and the roadways have a major highway system. The media sector is also very developed in Riyadh and it also has a good metro system.

6. Singapore

Singapore is one of the most beautiful cities in Asia with tremendous developments in every sector. The city has a high GDP and a high standard of living. It is a hub of all commercial and financial activities. There are many international meetings held in the city.

It has been named as the most Technology-ready country. Singapore is the center for foreign exchange markets, refining and trading activities and it is one of the busiest ports in the world. The business can be easily carried in this city due to many options available.

5. Tokyo

At number 5, it is the capital of Japan, Tokyo. It has the world’s most leading technology and high tech companies. It has many television networks such as Tokyo MX, TV Tokyo, TV Asahi, and many others. Tokyo is the most livable city in the globe. Tokyo has good shopping malls, nightlife, transportation, and road systems. It is one of the most expensive cities in the world.

Tokyo has a good education system ad it also hosts the Summer Olympics. As per the records of the year 2102, Tokyo has a GDP of $2 trillion. It is home to many world’s largest investment banks, electronics and broadcasting industries.

4. Hong Kong

Hong Kong is a cosmopolitan country. Many financial activities are undertaken here and so it is one of the most important financial centers in Asia and the world. It is also a leading nation in the area of tourism and one of the most famous tourist destinations. The taxation system is very simple in this country.

The country has many famous skyscrapers and modernized transportation system. The Hong Kong Stock Exchange is one of the largest in the globe. It is the major center for import and export activities.

3. Beijing (China)

Beijing is the capital of China. The country has some of the most beautiful architectural sites. Beijing has a good culture, economy, architecture, art, and many other factors. The country has a great highway system and railway networks. It has the Beijing International Airport which is one of the busiest airports in the world.

The city has many tourist places that are named in the list of World Heritage Sites. Beijing hosts the Summer Olympics. It has the headquarters of many worlds’ best technology companies. Beijing is the most developed city in China.

2. London, UK

London is the second most developed city in the globe. It is advanced in the field of commerce, arts, education, tourism, media, transportation, and many others. London is the globe’s biggest financial center. It has many billionaires and international retailers.

London has an international airport which is one of the busiest ones in the world. London is the 1st city to host the Summer Olympic Games. The city has 20 % of the UK’s GDP.

1. New York, USA

At number 1, it is the world’s most developed city, New York. It is a hub for all cultural and financial activities. New York has headquarters of the United Nations and it is a significant economic center. It is home to many landmarks such as Times Square.

The city has the world’s biggest entertainment industry. It is the world’s largest financial hub having the New York Stock Exchange and NASDAQ. New York has a low unemployment rate. It is a center for advertising, legal services, accountancy, theater, and many other fields.

These cities are some of the leading ones in the economic and financial activities as per the World bankers and other financial records.