the top 20 financial hubs

Shanghai and Beijing were included among the top 20 financial hubs in the world by an index.

Shanghai and Beijing ranked as the 13th and 16th top financial hubs in the world, according to a Global Financial Centers Index (GFCI) report launched last Monday.

The GFCI report is released by the British think tank Z/Yen Group every half a year according to a city's business environment, finance system, infrastructure and human resources.

The index rated New York, London and Singapore as the world's top three financial hubs.

Meanwhile, Chinese cities of Shenzhen, Guangzhou, Qingdao and Dalian are also among the 88 hubs listed in the index.

China's financial hubs will have "great expectations and huge opportunities" in the future, the report said.

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