According to the latest Global Financial Center Index (GFCI), the top ten financial centers in the world are ranked as follows: new york, London, Singapore, Hong Kong, San Francisco, Los Angeles, Shanghai, Washington, Chicago and Geneva. These cities have become the center of global financial activities because of their developed financial markets, clustered financial institutions and advanced financial infrastructure. An InternationalFinanceCenter refers to a city or region where a large number of financial institutions and related service industries gather to comprehensively and intensively provide international capital lending, bond issuance, foreign exchange trading, insurance and other financial services. It can provide the most convenient international financing service, the most effective international payment and settlement system and the most active international financial trading place.