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beijing, china

Beijing is the fourth most innovative city in the world, ranking ahead of London, New York and Hong Kong, according to real estate consultant JLL.

San Francisco, with its robust tech industry, topped the list of the top 20 innovation-oriented cities published by JLL last week, followed by Tokyo, Singapore, Beijing, and London.

“Beijing now has a deep-rooted innovation ecosystem,” JLL says in its Innovation Geographies report. “It has nurtured the most unicorns outside of Silicon Valley and is the third largest destination for venture capital funding.”