December 02, 2019 08:28
Seoul has been ranked the seventh most competitive city in the world by a Japanese think tank.
In the Mori Memorial Foundation's annual Global Power City Index of the world's 48 most competitive cities released on Sunday, Seoul's ranking remained unchanged for the second year in a row. Seoul ranked sixth in the years from 2012 through 2017.
The index is compiled based on six main criteria -- the economy, research and development, culture, environment, livability, and accessibility.
London took the top spot for the eighth consecutive year, followed by New York, Tokyo, Paris and Singapore.
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