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Factoring together culture, environment, economy and accessibility, Tokyo ranks fourth out of 35 major cities worldwide and only, but still, lags behind leader New York, No. 2 London and third-place Paris, but it has the potential to go higher, a report released Thursday by an urban development research center says.

Prepared in Japan, the report ranks cities based on how attractive they are to businesses, researchers, artists, visitors and residents. Japanese and foreign experts assessed 69 indicators on the economy, culture, environment, accessibility, particularly in regards to airports, and living standards.

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