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==Economy== [[File:Fukuoka Metropolitan Employment Area 2015.png|thumb|Fukuoka [[Urban Employment Area|MEA]]]] Fukuoka is the economic center of the Kyushu region, with an economy largely focused on the service sector. It is also the largest startup city in Japan, and is the only economic zone for startups.<ref>{{Cite web |url=http://www.city.fukuoka.lg.jp/data/open/cnt/3/45791/1/270629-houkoku-siryou-keizai.pdf |script-title=ja:国家戦略特区「福岡市 グローバル創業・雇用創出特区」 |date=June 2015 |website=国家戦略特区「福岡市 グローバル創業・雇用創出特区」 |publisher=Fukuoka city government |access-date=July 25, 2016 |archive-date=August 21, 2017 |archive-url=https://web.archive.org/web/20170821202407/http://www.city.fukuoka.lg.jp/data/open/cnt/3/45791/1/270629-houkoku-siryou-keizai.pdf |url-status=live }}</ref> They have various services for startups like startup visas, tax reductions, and free business consultations. Fukuoka has the highest business-opening rate in Japan.<ref>{{Cite web |url=http://f-tokku.city.fukuoka.lg.jp/ |script-title=ja:福岡特区通信 |website=f-tokku.city.fukuoka.lg.jp |access-date=25 July 2016 |language=ja |archive-url=https://web.archive.org/web/20180123131651/http://f-tokku.city.fukuoka.lg.jp/ |archive-date=January 23, 2018 |url-status=dead}}</ref> Large companies headquartered in the city include [[Iwataya]] and [[Kyushu Electric Power]]. Fukuoka is also the home of many small firms playing a supportive role in the logistics, IT, and high-tech manufacturing sectors. Most of the region's heavy manufacturing takes place in the nearby city of [[Kitakyushu]]. The GDP in Greater Fukuoka, Fukuoka [[Urban Employment Area|Metropolitan Employment Area]], was US$101.6 billion in 2010.<ref>{{Cite web |url=http://www.csis.u-tokyo.ac.jp/UEA/uea_data_e.htm |title=Metropolitan Employment Area (MEA) Data |author=Yoshitsugu Kanemoto |publisher=Center for Spatial Information Science, The University of Tokyo |access-date=June 22, 2016 |archive-date=June 15, 2018 |archive-url=https://web.archive.org/web/20180615111107/http://www.csis.u-tokyo.ac.jp/UEA/uea_data_e.htm |url-status=live }}</ref><ref>[https://data.oecd.org/conversion/exchange-rates.htm Conversion rates – Exchange rates] {{Webarchive|url=https://web.archive.org/web/20180201220924/https://data.oecd.org/conversion/exchange-rates.htm |date=February 1, 2018 }}. ''OECD Data''.</ref> Fukuoka is the primary economic center of the Fukuoka-Kitakyushu [[List of metropolitan areas in Japan|metropolitan area]], which is the 4th largest economy in Japan. As of 2014, the area's [[Purchasing power parity|PPP]]-adjusted GDP is estimated to be larger than those of metropolitan areas such as [[Melbourne]], Kuala Lumpur, [[Lima]], Vienna, [[Barcelona]] and Rome.<ref>{{Cite web |url=https://www.brookings.edu/research/global-metro-monitor/ |title=Global Metro Monitor |date=January 22, 2015 |access-date=January 26, 2019 |archive-date=January 7, 2019 |archive-url=https://web.archive.org/web/20190107040203/https://www.brookings.edu/research/global-metro-monitor/ |url-status=live }}</ref> Several regional broadcasters are based in the city, including [[Fukuoka Broadcasting Corporation]], [[Kyushu Asahi Broadcasting]], [[Love FM (Japan)|Love FM]], [[RKB Mainichi Broadcasting]], and [[Television Nishinippon Corporation]]. The port of Hakata and [[Fukuoka Airport]] also make the city a key regional transportation hub. Fukuoka houses the headquarters of [[Kyushu Railway Company]] (JR Kyushu) and [[Nishi-Nippon Railroad]]. [[Air Next]], a subsidiary of [[All Nippon Airways]], is headquartered in [[Hakata-ku, Fukuoka|Hakata-ku]];<ref>{{cite web |url=http://www.airnext.ana-g.com/company/index.html |archive-url=https://web.archive.org/web/20041207152108/http://www.airnext.ana-g.com/company/index.html |url-status=dead |archive-date=December 7, 2004 |script-title=ja:会社概要 |publisher=Air Next |access-date=May 20, 2009}}</ref> prior to its dissolution, [[Harlequin Air]] was also headquartered in Hakata-ku.<ref>{{cite web |url=http://harlequin-air.co.jp/menu/corporate/corporate_1.html |archive-url=https://web.archive.org/web/20041027012833/http://harlequin-air.co.jp/menu/corporate/corporate_1.html |url-status=dead |archive-date=October 27, 2004 |script-title=ja:会社概要 |publisher=Harlequin Air |access-date=May 20, 2009}}</ref> Fukuoka has its own [[stock exchange]], founded in 1949. It is one of six in Japan.<ref>{{cite web |url=http://www.fse.or.jp/ |title=FSE.org.jp |publisher=Fukuoka Stock Exchange |access-date=17 April 2011 |archive-date=February 15, 2010 |archive-url=https://web.archive.org/web/20100215151359/http://www.fse.or.jp/ |url-status=live }}</ref> Fukuoka is one of the most affordable cities in Japan.<ref>{{cite web |url=http://www.numbeo.com/cost-of-living/compare_cities.jsp?country1=United+States&country2=Japan&city1=New+York%2C+NY&city2=Fukuoka |title=numbeo.com |access-date=January 3, 2020 |archive-date=August 6, 2020 |archive-url=https://web.archive.org/web/20200806210038/https://www.numbeo.com/cost-of-living/compare_cities.jsp?country1=United+States&country2=Japan&city1=New+York%2C+NY&city2=Fukuoka |url-status=live }}</ref>
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