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Milan is considered a leading alpha global city, with strengths in the field of the art, commerce, design, education, entertainment, fashion, finance, healthcare, media, services, research and tourism. Its business district hosts Italy's Stock Exchange and the headquarters of national and international banks and companies. In terms of GDP, it has the third-largest economy among European cities after Paris and London, but the fastest in growth among the three, and is the wealthiest among European non-capital cities. Milan is considered part of the Blue Banana and one of the "Four Motors for Europe."
The city has been recognized as the world’s fashion capital and the world's design capital, thanks to several international events and fairs, including Milan Fashion Week and the Milan Furniture Fair, which are currently among the world's biggest in terms of revenue, visitors and growth. It hosted the Universal Exposition in 1906 and 2015. The city hosts numerous cultural institutions, academies and universities with 11% of the national total enrolled students. Milan is the destination of 8 million overseas visitors every year, attracted by its museums and art galleries that boast some of the most important collections in the world, including major works by Leonardo da Vinci. The city is served by a large number of luxury hotels and is the fifth-most starred in the world by Michelin Guide. The city is home to two of Europe's most successful football teams, A.C. Milan and F.C. Internazionale, and one of Italy's main basketball teams, Olimpia Milano.
The city has been recognized as the world’s fashion capital and the world's design capital, thanks to several international events and fairs, including Milan Fashion Week and the Milan Furniture Fair, which are currently among the world's biggest in terms of revenue, visitors and growth. It hosted the Universal Exposition in 1906 and 2015. The city hosts numerous cultural institutions, academies and universities with 11% of the national total enrolled students. Milan is the destination of 8 million overseas visitors every year, attracted by its museums and art galleries that boast some of the most important collections in the world, including major works by Leonardo da Vinci. The city is served by a large number of luxury hotels and is the fifth-most starred in the world by Michelin Guide. The city is home to two of Europe's most successful football teams, A.C. Milan and F.C. Internazionale, and one of Italy's main basketball teams, Olimpia Milano.
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