LARGEST METROPOLITAN AREAS IN THE ASIA-PACIFIC REGION
Based on the 2015 Asia-Pacific Metromonitor report, ROI Research on Investment has prepared an infographic that summarizes the findings of a market analysis of the 100 largest metropolitan economies in the Asia-Pacific (APAC) region. The Asia-Pacific region is divided in 6 sub-regions:
- China: 49 metro areas in mainland China, plus Hong Kong and Macau;
- East Asia: 19 metro areas in Japan, South Korea and Taiwan;
- Latin America: 7 metro areas in Chile, Colombia, Mexico and Peru;
- North America: 12 metro areas on the Pacific Coast of Canada and the United States;
- Oceania: 6 metro areas in Australia and New Zealand;
- Southeast Asia: 7 metro areas in Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam.
Some key findings of the report indicate that:
The 100 largest metro APAC areas represent 20% of global GDP and 29% of global GDP growth in 2014. The Chinese metro areas experienced the fastest GDP per capita growth (70% of the fastest growing APAC metro areas are located in continental China). Approximately 30% of these APAC metro areas are considered “pockets of growth”, growing faster than their national economies in GDP per capita and employment. Core regional industries include manufacturing, business, financial and professional services, transportation, and trade and tourism. Among the primary factors that facilitate the most growth in these metro areas include national fiscal, trade and regulatory policies.
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