China's Pearl River Delta leads in global fintech development, surpassing the San Francisco Bay area in the United States and Greater London in the United Kingdom, chinanews.com reported on June 7, citing the Global Fintech Hub Index jointly released one day earlier in Holland by Academy of Internet Finance, Zhejiang University and Zhejiang Association of Internet Finance.

Seven cities have made it to the top-tier region of the index. Let us take a look.

No 7 Shenzhen

No 6 Hangzhou

No 5 New York

No 4 London

No 3 Shanghai

No 2 San Francisco

No 1 Beijing