Hong Kong, Shanghai and Beijing have been ranked among the top 10 most competitive cities in the world, according to a new list released recently.

Hong Kong came in at sixth place on the Global City Competitiveness List, followed by Shanghai and Beijing.

The list, prepared by the National Academy of Economic Strategy, the Chinese Academy of Social Sciences and United Nations Habitat, aims to evaluate the potential competitiveness of cities.

It considers six major factors, including global connection, local demand, software environment and hardware environment.

Let's take a look at the top 10 most competitive cities in the world.

No 10 Frankfurt

Skyscrapers stand illuminated on the city skyline at dusk in Frankfurt, Germany, on Wednesday, Jan 27, 2016.[Photo/VCG]