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Economy

The GDP of Lyon was 124 billion US dollars in 2019, making it the second richest city in France after Paris. Lyon and its region Rhône-Alpes represent one of the most important economies in Europe and, according to Loughborough University, can be compared to Philadelphia, Mumbai or Athens with regard to its international position. The city of Lyon is working in partnership to more easily enable the establishment of new headquarters in the territory (ADERLY, Chambre du commerce et d'industrie, Grand Lyon...). High-tech industries such as biotechnology, software development, video game (Arkane Studios, Ivory Tower, Eden Games, EA France, Bandai Namco Entertainment Europe), and internet services are also growing. Other important sectors include medical research and technology, non-profit institutions, and universities. Lyon is home to the P4-Inserm–ean Merieux Laboratory which conducts top-level vaccine research.

The city is home to the headquarters of many large companies such as Groupe SEB, Sanofi Pasteur, Renault Trucks, Norbert Dentressangle, LCL S.A., Descours & Cabaud, Merial, Point S, BioMérieux, Iveco Bus, Compagnie Nationale du Rhône, GL Events, April Group, Boiron, Feu Vert, Panzani, Babolat, Lyon Airports, LVL Medical, and inter-governmental agencies IARC and Interpol. The specialisation of some sectors of activities has led to the creation of many main business centres: La Part-Dieu, located in the 3rd arrondissement is the second biggest business quarter after La Défense in Paris with over 1,600,000 m (17,222,256.67 sq ft) of office space and services and more than 55,000 jobs. Cité Internationale, created by the architect Renzo Piano is located in the border of the Parc de la Tête d'Or in the 6th arrondissement. The worldwide headquarters of Interpol is located there. The district of Confluence, in the south of the historic centre, is a new pole of economical and cultural development.

Tourism is an important part of the Lyon economy, with one billion euros in 2007 and 3.5 million hotel-nights in 2006 provided by non-residents. Approximately 60% of tourists visit for business, with the rest for leisure. In January 2009, Lyon ranked first in France for hostels business. The festivals most important for attracting tourists are the Fête des lumières, the Nuits de Fourvière every summer, the Biennale d'art contemporain and the Nuits Sonores.