Xinhua-Dow Jones International Financial Centers Development Index (IFCD Index) published recently listed 45 international financial centers, with top 10 positions being occupied by New York, London, Tokyo, Hong Kong, Singapore, Shanghai, Paris, Frankfurt, Sydney and Amsterdam.

The index showed traditional financial centers such as New York, London, and Tokyo continued to remain at the top three spots, while Shanghai moving two places up, reflecting growing prominence of the city as a global financial center.