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TheStreet Open House

New Research Identifies Competitive Advantages For London And Other European Cities

Stock quotes in this article: JPM

European cities can increase these advantages by deepening relationships with emerging economies. Opportunities include lucrative new visitor and student markets, co-operation in health and environment sectors and design, engineering and consultancy solutions for infrastructure projects.

"For centuries Europe's cities led the world. But with the Asia, Africa and South America urbanising fast, urban momentum is moving South. If London and the major European cities are to retain their competitive edge, and provide for their citizens, they will need to reform their economies, while continuing to invest in infrastructure and quality of life. We are thrilled to be working with the Global Cities Initiative on this year's London Conference. It provides an important chance for London and other European cities to take stock, and learn from other cities, and engage with city leaders and experts from around the world."

Also published for the Conference is the international version of 'Ten Traits of Globally Fluent Metropolitan Areas', which provides an important framework for city leaders to review their growth strategies. Successful traits include adaptability to global dynamics, international connectivity and the ability to secure investment for strategic priorities.

To read the full reports or learn more about the conversations, visit londonconference2013.com.

ABOUT CENTRE FOR LONDON

Centre for London is a new think tank focused on helping London, one of the oldest and most important world cities, meet its challenges and build on its great strengths. Launched two years ago, the Centre is quickly developing relations with sister organisations across Europe. Centre for London has held two previous London Conferences in 2011 and 2012. The London Conference 2013 will be the third in the series. The Centre publishes research and thinking on the city’s issues and holds numerous events throughout the year. See the full programme of work  here.

ABOUT THE GLOBAL CITIES INITIATIVE

Launched in 2012, the Global Cities Initiative (GCI) is a five-year effort aimed at helping city and metropolitan leaders become more globally fluent by providing an in-depth and data-driven look at their regional standing on crucial global economic measures, highlighting best policy and practice innovations from around the world, and creating an international network of leaders who ultimately trade and grow together. GCI combines the Brookings Institution’s deep expertise in fact-based, metropolitan-focused research and J.P. Morgan’s longstanding commitment to investing in cities, helping to equip leaders by unveiling economic starting points on such key indicators as advanced manufacturing, exports, foreign direct investment, freight flow and immigration. For more information please visit www.jpmorganchase.com/globalcities.

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