Korean media: Tokyo becomes the world's richest city, three Chinese cities enter the top 20!
December 19, Korean media Seoul Economic Daily published an article stating that Tokyo, the capital of Japan, was rated as the richest city in the world for 2025.
Recently, the U.S. business media CEOWORLD magazine released the "Global City Wealth Index". Tokyo ranked first, with a GDP of approximately $2.55 trillion.
Tokyo's economic scale exceeded that of New York and Los Angeles in the United States. New York ranked second, with an economic scale of about $2.49 trillion, while Los Angeles ranked third, with an economic scale of about $1.62 trillion.
CEOWORLD explained the background of Tokyo's rise to the top, saying, "GDP is a basic indicator of a city's wealth, but Tokyo's position is not just reflected in numbers. It is the result of accumulated innovation achievements in fields such as technology, automobiles, and precision manufacturing over decades. The ability of Tokyo to integrate innovation and infrastructure is hard to match by other cities."
CEOWORLD also added that the culture of valuing craftsmanship and continuous improvement helps maintain economic vitality despite population challenges.
London, UK, ranked fourth with a GDP of about $1.47 trillion, consolidating its status as a global financial center. London ranks highest among European cities.
Seoul, the capital of South Korea, ranked fifth, with a GDP of approximately $1.42 trillion. CEOWORLD called Seoul "a symbol of South Korea's vitality in technology, electronics, and digital innovation."
Other major South Korean cities also made the list. Busan and Gyeongsangnam-do ranked 45th, Daegu ranked 231st, and Daejeon ranked 299th. This is a significant achievement, as multiple South Korean cities entered the top 300, indicating their important role in the global economy.
Asian cities showed significant progress in this ranking. Shanghai, Singapore, Hong Kong, and Beijing all made it into the top 20. Osaka-Kobe in Japan (8th), Shanghai in China (10th), and Beijing (11th) as well as Singapore (16th) were especially notable.
CEOWORLD noticed this phenomenon and evaluated it as a sign that the center of the world economy is shifting towards Asia.
The report also emphasized that economic power is concentrated in the top ten cities, noting that these ten cities alone account for about one-third of the global GDP. The report also explained that the top 300 cities also account for a considerable share of the global economy.
CEOWORLD predicts that "long-term urban development will depend on sustainable design, climate response capabilities, and technological adaptability," which are key factors determining future urban competitiveness.
CEOWORLD said, "The world's wealthiest cities are no longer merely about location; the future of business, finance, and technology is being shaped here. The outcome of future city competitions will no longer be determined by the height of skyscrapers, but by their ability to build sustainable ecosystems."
Original: toutiao.com/article/1851901579646976/
Statement: The article represents the personal views of the author.