NEW YORK -- New York ranks first as a global business center in a worldwide survey of cities, the fourth such recognition of its influence in the past five months.
London, Paris, Tokyo and Hong Kong trail New York on the Global Cities Index, released Monday by Bloomberg Rankings. Beijing and Shanghai emerged as potential rivals within 10 to 20 years, according to the index.
The survey examined 66 of the world's busiest commercial urban centers, judging each on the scope of its business activity; labor force; access to media and information; cultural amenities; and political influence.
The rankings support similar findings by The Economist and Euromoney magazines, which each published studies concluding that the most populous U.S. city remained the world's premier urban business center.