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JLL brings new insights into city momentum to define the future “Super City”
JLL recently released a new study on Shanghai, one of the world's fastest developing international cities, which evaluates its future competiveness against other major global cities covering:
Shanghai, 24 June 2014 - A recent study on city momentum by Jones Lang LaSalle Incorporated (NYSE: JLL), released in June, explores the ingredients of city success and reviews Shanghai's competitive profile to determine the city's future global position. The study reveals Shanghai is currently the fourth most dynamic city globally, right after San Francisco, London and Dubai.
Jeremy Kelly, Director, Global Research programmes at JLL, who spearheaded the research, said during his recent visit to Shanghai, "We are at the beginning of a rapidly changing commercial geography of cities – driven by a new era of competiveness. Cities are waking up to the need to be competitive, to be agile and to be innovative. Shanghai is a great example of a city that is leveraging new economic ideas, building global engagement and adapting to new opportunities."
The study assesses the competitiveness of Shanghai against that of other peer cities across the globe. Key findings of the study include:
"Shanghai has spectacular momentum. If we track the progress of the city along the 'city evolution curve' over a 25 year period, we can see Shanghai's incredible growth story - from 'early growth' to 'transitional' and then leap-frogging to 'Super City' status by 2025, joining force with London, Pairs, New York and Tokyo, if not sooner," added Jeremy Kelly. "And the sheer visual power of the Pudong skyline is testimony of Shanghai's ambition and future position as a 'Super City'".
For more information on JLL's Cities Research, visit www.jll.com/cities-research
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