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As the number one region in Europe and the second in the world in terms of the number of Fortune 500 companies (ahead of London and New York, and just behind Tokyo), Paris Region is home to practically all the major French industrial groups, all international market leaders in their sector. It is also the world's second city for international organisations (far ahead of London and New York and just behind Brussels).
Paris Region is one of the top three destinations in the world for industrial and service sector locations. It ranks second in Europe for strategic functions], after Catalonia. It is also the top location for service centres, thanks in particular to the business services sector (IT market reports and services).
The sheer diversity of the Paris Region economy sets it apart from other major cities in the world. Cutting-edge sectors such as biotechnology, nanotechnology, wireless services and 3D graphic animation exist alongside more traditional sectors like the aerospace and automotive industries.
Paris Region's multi-specialist economy is unique in Europe, with just under ten world or European-class high-tech clusters, fostered by France's national competitiveness cluster policy. In addition, the government has increased its support for the sectors of excellence, notably through increased research funding, greater international visibility and a global-reaching partnership between all the research players in the Region.
update April 11, 2008