"Shanghai is a great financial heart of China," said Tarik Temucin, general manager of Portman Ritz-Carlton Shanghai. "Not actually just for China, but also for the Asia-Pacific."

Being a father of two girls, Temucin is satisfied with the education resources provided by the city. The Turk also complimented the city's security, which allows his 13-year-old daughter to walk her eight-year-old sister home after school sometimes without worrying their parents.