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What is the significance of Qingdao's ranking in the 2020 Global Financial Centers Index?
It indicates the city's economic decline
It indicates the city's economic stagnation
It indicates the city's economic growth
It has no significance
Answer
Qingdao's ranking in the 2020 Global Financial Centers Index indicates the city's economic growth and its importance as a financial center. The higher the ranking, the more competitive and influential the city is in the global financial market.
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