The International Olympic Committee has released its Evaluation Commission report for cities vying to host the 2020 Summer Olympics, giving Tokyo high marks for its proposal for a compact games in which 85 percent of the competition venues would be within an 8-km radius.

Tokyo, which was also lauded for its fluid transportation network and financial soundness, is bidding against Istanbul and Madrid for the 2020 Summer Olympics. The winning city will be announced Sept. 7 at the IOC's general assembly in Buenos Aires.

Tokyo Gov. Naoki Inose expressed excitement over the favorable evaluation.