Ranked 67th Among Top 100 Cities... Seoul 10th
Global consulting firm Resonance Consultancy has included Busan for the first time in its "2024 World's Best Cities Report."
Busan Enters Top 100 Cities for the First Time... A Great Achievement Following 'Happy City' and 'Smart City'
According to Resonance Consultancy on the 14th, Busan ranked 67th among 270 major cities worldwide for the first time.
Resonance Consultancy referred to Busan as the "Miami of Korea," highlighting its low poverty rate, high social media (SNS) hashtag (#) ratio, the world's 4th largest container port, and high urban prosperity in business and leisure. The firm also showed great interest in "Oceanix Busan," the world's first offshore smart city.
Previously, Busan was ranked 6th among Asian happy cities by the UK economic analysis firm Economist Intelligence Unit and was selected as Korea's No. 1 and 15th globally in the Global Smart City Index (SCI) by the global consulting firm Z/Yen. The city explained that this latest ranking is an achievement following these, proving Busan's competitiveness as a global hub city worldwide.
Park Hyung-jun, Mayor of Busan, stated, "Following being named the 'most livable city in the world' and the 'smartest city in the world,' Busan has now been selected as one of the world's top 100 cities desired by entrepreneurs, tourists, and locals alike," adding, "We will continue efforts to become a global hub city attracting attention both domestically and internationally."
London Tops the List, Seoul Rises 16 Places to 10th Compared to Last Year
Meanwhile, Resonance Consultancy, a consulting firm specializing in tourism, real estate, and economic development primarily in Canada and the United States, has annually analyzed the environment and user evaluations of 270 global cities with populations over one million since 2016, measuring livability, popularity, and prosperity to select the top 100 cities.
Starting this year, the ranking methodology was enhanced by analyzing user evaluations and key statistics from Google, Facebook, and Instagram.
In the 2024 World's Best Cities announced this time, London, UK ranked 1st, Paris, France 2nd, and New York, USA 3rd.
Following were Tokyo, Japan in 4th place; Singapore, Republic of Singapore in 5th; Dubai, United Arab Emirates in 6th; San Francisco, USA in 7th; Barcelona, Spain in 8th; and Amsterdam, Netherlands in 9th.
Seoul jumped 16 places from 26th in 2023 to 10th in 2024, influenced by the Korean Wave and other factors.
Italy's Rome, which competed with Busan to host the 2030 World Expo, ranked 11th, and Riyadh, Saudi Arabia ranked 28th, both higher than Busan.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
