Hong Kong, Shanghai and Beijing have been ranked among the top 10 most competitive cities in the world, according to a new list released recently.
Hong Kong came in at sixth place on the Global City Competitiveness List, followed by Shanghai and Beijing.
The list, prepared by the National Academy of Economic Strategy, the Chinese Academy of Social Sciences and United Nations Habitat, aims to evaluate the potential competitiveness of cities.
It considers six major factors, including global connection, local demand, software environment and hardware environment.
Let's take a look at the top 10 most competitive cities in the world.
No 10 Frankford
Skyscrapers stand illuminated on the city skyline at dusk in Frankfurt, Germany, on Wednesday, Jan 27, 2016.[Photo/people.comNo 9 Sydney
The world-famous Sydney Opera House is decorated with colorful light during the annual Vivid Sydney festival in Sydney, June 1, 2016. [Photo/IC]
No 8 Beijing
Night view of the CCTV Tower, center, the headquarters of China Central Television, and other buildings in Beijing, May 18 2016. [Photo/IC]
No 6 Hong Kong
Fireworks explode over Victoria Harbor as part of celebrations of the Chinese New Year in Hong Kong, on Feb 9, 2016. [Photo/Xinhua]
No 5 Singapore
The skyline and view of the Merlion in downtown Singapore, on May 31, 2016. [Photo/IC]
No 4 Paris
View of traffic in front of Arc de Triomphe at night, in Paris, June 3, 2016. [Photo/IC]
No 3 Tokyo
The Tokyo Tower (background) is seen lit up as visitors row boats in a moat surrounding Edo Castle to admire full-bloom cherry blossoms in Tokyo on April 4, 2016. [Photo/Xinhua]
No 2 New York
Tourists and downtown workers are pictured in front of the New York Stock Exchange in New York, July 8, 2015. [Photo/IC]
No 1 London
A bus passes buildings with Big Ben in the background in London. [Photo/IC]
