City Momentum Index 2017：Which cities are changing fastest?

City Momentum Index 2017Which cities are changing fastest?Cities Research Center I 2017 JLL City Momentum Index 2017 Edition2The Cities Changing FastestThe world’s 30 most dynamic cities1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Bangalore Ho Chi Minh City Silicon Valley Shanghai Hyderabad London Austin Hanoi Boston Nairobi Dubai Melbourne Pune New York Beijing Sydney Paris Chennai Manila Seattle 21 22 23 24 25 26 27 28 29 30 San Francisco Shenzhen Delhi Raleigh-Durham Mumbai Hangzhou Los Angeles Dublin Nanjing Stockholm Americas EMEA Population Connectivity Technology and R&D Education Environment Economic Output Corporate Activity Construction Real Estate Investment Property Prices Our model combines 42 socio-economic and real estate indicators Asia Pacific What is the City Momentum Index?• This is the fourth edition of JLL’s City Momentum Index (CMI), first published in 2014.• The CMI tracks the speed of change of a city’s economy and commercial real estate market, identifying those cities that have the most dynamic attributes over the short and long term.• The Index covers 134 major established and emerging business hubs across the globe.• 42 elements of a city’s dynamism are covered, which are grouped into three main sub-indices: Socio-economic momentum relating to changes in city GDP, population, air passengers, corporate headquarters and foreign direct investment (FDI).Commercial real estate momentum relating to changes in absorption, construction, rents, investment volumes and real estate transparency covering the office, retail and hotel sectors. High-value incubators relating to the ability of the underlying attributes of a city to maintain momentum over the longer term (i.e. its future-proofing capacity) in terms of education, innovation and environment.• This edition focuses primarily on the 30 cities that rank at the top of the CMI 2017. JLL City Momentum Index 2017 Edition2Source: JLL JLL City Momentum Index 2017 Edition36. London 9. Boston 10. Nairobi 4. Shanghai 5. Hyderabad 7. Austin 3. Silicon Valley 2. Ho Chi Minh City 8. Hanoi 1. Bangalore A world of heightened riskThe world has become a riskier place since JLL last published its City Momentum Index (CMI) in January 2016. Various political upheavals are threatening the global status quo, creating economic uncertainty and testing the resilience of the world’s major cities. These disruptions are happening just as our cities are undergoing major structural change as the effects of globalisation, technological breakthroughs and rapid urbanisation combine to challenge the very fabric of our urban spaces.Cities taking the leadYet despite the multiplicity of challenges the 2017 edition of JLL’s City Momentum Index highlights remarkable dynamism in our major cities, many of which are consistently outperforming their national economies. As the risk of nation-states edging towards insularity and protectionism continues, so cities are taking up the mantle of globalisation and reaching out internationally to create new networks of cities. The world’s most robust, agile and open cities are generating considerable momentum and energy, and are taking the lead in shaping our future landscape.Mapping the City Momentum Index 2017: Global Top 30Source: JLLTop 1011-2021-301Bangalore11Dubai21San Francisco2Ho Chi Minh City12Melbourne22Shenzhen3Silicon Valley13Pune23Delhi4Shanghai14New York24Raleigh-Durham5Hyderabad15Beijing25Mumbai6London16Sydney26Hangzhou7Austin17Paris27Los Angeles8Hanoi18Chennai28Dublin9Boston19Manila29Nanjing10Nairobi20Seattle30Stockholm JLL City Momentum Index 2017 Edition4JLL City Momentum Index 2017 Edition410 takeaways from the City Momentum Index 2017India’s Ascendancy: India has taken over from China as home to the world’s most dynamic cities. Six Indian cities feature in the CMI Global Top 30, with the country’s primary technology hub, Bangalore, moving into the top spot for the first time.The Ubiquity of Technology: Technology and innovation underpin the positions of many top cities in the CMI, from Silicon Valley to Nairobi (Silicon Savannah). Strong technology credentials support the presence in the Global Top 30 of several medium-sized U.S. cities such as Austin, Boston, Seattle, San Francisco and Raleigh-Durham.The Rise of Agile Emerging World Cities: The Global Top 30 now includes a number of the most agile ‘Emerging World Cities’ that are successfully transitioning to higher-value activities. The best-in-class examples are Shanghai, Shenzhen, Dubai, Bangalore and Hyderabad.London’s Resilience: London has been knocked off the top position which it has held for the past two years. Nonetheless, the city has shown impressive resilience following the EU referendum and its inherent strengths in technology, innovation and education continue to support a Top 10 ranking.Vietnamese Cities – the Hotspots for FDI: Vietnam has two representatives in the Top 10 – Ho Chi Minh City and Hanoi. These cities have become a focu