Milan is the second richest city in the European Union, after Paris. It is Italy's main industrial and financial centre and one of the most significant globally. In terms of GDP, it has the largest economy among European non-capital cities.[10][11] Milan is considered part of the Blue Banana and lies at the heart of one of the Four Motors for Europe.
Milan is an Alpha leading global city,[12] with strengths in the arts, commerce, design,education, entertainment, fashion, finance,healthcare, media, services, research, andtourism. Its business district hosts Italy's Stock Exchange and the headquarters of the largest national and international banks and companies. The city is a major world fashionand design capital, well known for several international events and fairs, including Milan Fashion Week and the Milan Furniture Fair.[13][14][15] The city hosts numerous cultural institutions, academies and universities, with 11% of the national total enrolled students.[16]
Milan's museums, theatres and landmarks (including the Milan Cathedral, Sforza Castleand Leonardo da Vinci paintings such as The Last Supper, a UNESCO World Heritage Site) attract over 9 million visitors annually (data referred to city proper).[17] Milan has one of the highest numbers of accredited stars from the Michelin Guide among Italian cities.[18]The city hosted the Universal Exposition in1906 and 2015. Milan hosts two of Europe's major football teams, A.C. Milan and F.C. Internazionale, and one of Italy's major basketball teams, Olimpia Milano.
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