333Vol.33No.320073JournalofFinanceandEconomicsMar.2007(,200121):,6,,:;;:F831:A:100129952(2007)03O0047O10:2006210210:(2004OAO01OA):(1949-),,,,,,,,,,,,,,,,2080,,N1(1989),,320,,,74GeorgeG1Kaufman(2000)J1Wickramanayake(2004)13,;,1992,RolexeC1P1Chen,7771993,KittyYoungKinOChokMun425,()(),(1997),,,,,1994,100(1996),562,19982000,,,,,:(1),(),(2),(3),,(4),,(5)2090,()8420073,,,,1056,11()619GDPCBD837443()(1),,,,,,,,,,(2),,,,,,,10562004,,:(1)20012004,(2)94:,(3)20002004,:(1):138,110,80%()(2),40,6,10,,,10,6,6;10,,(),610,010,(2)(3)23:(1),,(2),,,(3),,,,(4),:,;,,201840579316452350130994331797861417812501836717017839980190802711980826418750118901231633109013782813141022141281250198044201772379015578571189611141390625-01012283138077301819923119738331750162485012490230176815411561333315156250102424310498090176964931216886410781250156471601378588017734811141188731906250133370921345895011358393110716231812501244278015473720115685111228598318906250102431121190409010369582101483921375013336030106410901270124018861422160937505200733997999999959799995993795575775359777577773575373573333353333,,,,,,(5),,,,,,,,,,,,,;,,(6),,,,,,,,,,,,,(),,441100001350-013520160701628013220173001277015650174101350110000155301818017980194201633018390195401750-013520155311000014200137701347-010730170901354011720160701818014201100001992016730183701663019100195301628017980137701992110000168001869016480190101975013220194201347016730168011000016550170301907016890173001633-010730183701869016551100001298018280194801277018390170901663016480170301298110000172001548015650195401354019100190101907018280172011000018980174101750011720195301975016890194801548018981100015:4:(1),,,;,,(2),,,,,(3),(4),,,(5),01992,,,,(6),,;,(7),,,,,,(8),,,,,,,,8917%,,,,:7817%,10,,,,2113%,,,,2520073,,,10,:(1)10,;;;;(2)10,;;;(3)10,;;(4)10,;,5120128-012280100701207-01230139701121010640113601046010340115301244-01126-0107801281011040109301194-010346213554812106382911619733117143421173965111105615,,,,,,,,,,,,,,10,,,(),6(56)6,,,,35:,5,,,,,6,,,6(1)1:(1),;;;(2),;;(3),,,;,,,,,,,;,1;,,,,,,:(1)(2),;5;,,,;,,/,4520073,;,,,(3),GDP,,CBD,:,++,,,,,,,,,(4),(5),,,2005M2GDP1163Ø1,,2006164(3412),9(7211),,,(6),(7),,,,;:;;;,,,(8),:6,,,:[1]ZhangShengman1TheworldOwidemappingofvariousfinancialstrengthintheindefiniteperiod[J]1TheWorldBank,ResearchesonInternationalFinancialCenters(thefirstis255:sue),2003,9:25291[2]PoonJPH1Hierarchicaltendenciesofcapitalmarketsamonginternationalfinancialcenters[J]1GrowthandChange,2003,34:1351361[3]SchenkCR1BanksandtheemergenceofHongKongasaninternationalfinancialcenter[J]1JournalofInternationalFinancialMarkets,InstitutionsandMoney,2002,12:3213401[4]KaufmanGG1Emergingeconomicsandinternationalfinancialcenters[J]1ReviewofPa2cificOBasinMarketsandPolicies,2001,4:3653771[5]MontesMF1Tokyo,HongKongandSingaporeascompetingfinancialcenters[J]1Jour2nalofAsianBusiness,1999,18:1531681[6]DornJA1TransformingChinasfinancialsystem[A]1ATKral1TwoyearsofAsiane2conomiccrisis:Whatnext?[C]1Specialreport,Asiaprogram1Washington,D1C1:TheWoodrowWilsonCenter11999:49521[7]WalterI1Globalisationofmarketsandfinancialcentercompetition[R]1NewYorkUni2versitySolomonCenterWorkingPaper,1998,31:1351[8]ChoiSR,ParkDK,TschoeglAE1Banksandtheworldsmajorbankingcenters[J]1ReviewofWorldEconomics,1990,132:7747931[9]1[M]1:,19991[10]1[M]1:,20041[11]1[M]1:,19971[12]1[A]11[C]1:,19961[13],,AppraisalontheComprehensiveCompetitivenessofInternationalFinancialCentersLUHongOjun(PCECShanghaiInstituteofInternationalFinance,Shanghai200120,China)Abstract:Thispaperdesignsandimplementsasetofindicatorsystemtoap2praisethecomprehensivecompetitivenessofinternationalfinancialcenters.Throughfactoranalysisandclusteranalysisofthesixfinancialcentralcities,weextracttheessentialfactorandcoreindicator,andcompleteanobjectiveandsys2tematicresearchonthecompetitivenesslevel,presentsituationandtendencyofNewYork,London,Tokyo,Singapore,HongKongandShanghai.Keywords:internationalfinancialcenter;competitiveness;indicators()6520073