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The high quality of life has been cited as a reason for economic growth in Zürich. The consulting firm Mercer has for many years ranked Zürich as a city with the highest quality of life in the world.[10][11] In particular, Zürich received high scores for work, housing, leisure, education and safety. Local planning authorities ensure clear separation between urban and recreational areas and there are many protected nature reserves.[54] Other cities in the country, Bern and Geneva, were also listed among the top ten. Zürich is also ranked the sixth most expensive city in the world. In 2008, Zürich was ranked ninth. The city ranked behind Hong Kong and ahead of Copenhagen. It is the third most expensive city in Europe and second most expensive city in Switzerland after Geneva.[55] Zürich benefits from the high level of investment in education that is typical of Switzerland in general and provides skilled labour at all levels. The city is home to two major universities, thus enabling access to graduates and high technology research. Professional training incorporates a mix of practical work experience and academic study while, in general, emphasis is placed on obtaining a good level of general education and language ability. As a result the city is home to many multilingual people and employees generally demonstrate a high degree of motivation and a low level of absenteeism. Such characteristics are reflected in the high level of productivity the region enjoys and account for the opening of offices and research centres in the city by large corporations.[54] The Swiss stock exchange The Swiss stock Exchange on Selnaustrasse. The Swiss stock exchange is called SIX Swiss Exchange, formerly known as SWX. The SIX Swiss Exchange is the head group of several different worldwide operative financial systems: virt-x, Eurex, Eurex US, EXFEED and STOXX. The exchange turnover generated at the SWX was in 2007 of 1,780,499.5 million CHF; the number of transactions arrived in the same period at 35,339,296 and the Swiss Performance Index (SPI) arrived at a total market capitalization of 1,359,976.2 million CHF.[56][57] The SIX Swiss Exchange goes back more than 150 years. In 1996, fully electronic trading replaced the traditional floor trading system at the stock exchanges of Geneva (founded in 1850), Zürich (1873) and Basel (1876). Since 2008, the SIX Swiss Exchange has been part of the SIX Group, as SWX Group, SIS Group and Telekurs Group merged. Education and research Main building of the University of Zürich About 60,000 people study at the 20 universities, colleges and institutions of higher education in Zürich. Two of Switzerland's most distinguished universities are located in the city. The Swiss Federal Institute of Technology (ETH Zürich) which is controlled by the (federal) state and the University of Zürich that is under direction of the canton of Zürich. Both universities were listed in the top 50 world universities rated in 2007.[58] ETH was founded in 1854 by the Swiss Confederation and opened its doors in 1855 as a polytechnic institute. ETH achieved its reputation particularly in the fields of chemistry, mathematics and physics and there are 21 Nobel Laureates who are associated with the institution. ETH is usually ranked the top university in continental Europe.[59] The institution consists of two campuses, the main building in the heart of the city and the new campus on the outskirts of the city. The University of Zürich was founded in 1833, although its beginnings date back to 1525 when the Swiss reformer Ulrich Zwingli founded a college of theology. Nowadays with its 24,000 students and 1,900 graduations each year, the University of Zürich is the largest in Switzerland and offers the widest range of subjects and courses at any Swiss higher education institution. The Pedagogical College, the Zürich University of Applied Sciences (ZHAW) and the Zürich University of the Arts (ZHdK) are another three top-class technical colleges which contribute to Zürich's reputation as a knowledge and research pole by providing applied research and development. Zürich is also one of the co-location centres of the Knowledge and Innovation Community (Climate Change Mitigation and Adaptation) of the European Institute of Innovation and Technology.[60] State universities by size in Canton Zürich Only (federal) state Universities and higher education institutions, Rank Institution Total students 1 University of Zürich – UZH 25,618 2 Zürich University of Applied Sciences – ZHAW 15,334 3 Swiss Federal Institute of Technology Zürich – ETH 15,093 List of largest universities by enrollment in Switzerland Media Many large Swiss media conglomerates are headquartered in Zürich, such as tamedia, Ringier and the NZZ-Verlag. Zürich is one of the most important media locations in the German-speaking part of the country. This status has been recently reinforced by the increase in availability of online publications published in Zürich.[citation needed] Television and radio Swiss television's building The headquarters of Switzerland's national licence fee funded German language television network ("SF") are located in the Leutschenbach neighborhood, to the north of the Oerlikon railway station. Regional commercial television station "TeleZüri" (Zürich Television) has its headquarters near Escher-Wyss Platz. The production facilities for other commercial stations "Star TV", "u1" TV and "3+" are located in Schlieren. One section of the Swiss German language licence fee funded public radio station "Schweizer Radio DRS" is located in Zürich. There are commercial local radio stations broadcasting from Zürich, such as "Radio 24" on the Limmatstrasse, "Energy Zürich" in Seefeld on the Kreuzstrasse, Radio "LoRa" and "Radio 1". There are other radio stations that operate only during certain parts of the year, such as "CSD Radio" (May/June), "Radio Streetparade" (July/August) and "rundfunk.fm" (August/September). Print media There are three large daily newspapers published in Zürich that are known across Switzerland. The Neue Zürcher Zeitung (NZZ), the Tages-Anzeiger and the Blick, the largest Swiss tabloid. All three of those newspapers publish Sunday editions. These are the "NZZ am Sonntag", "SonntagsZeitung" and "SonntagsBlick". Besides the three main daily newspapers, there are free daily commuter newspapers which are widely distributed: 20 Minuten (20 minutes), published weekdays in the mornings and Blick am Abend,[61] weekdays but in the late afternoon. There are a number of magazines from major publishers that are based in Zürich. Some examples are: Bilanz, Die Weltwoche, and Annabelle. Culture See also: List of annual events in Zürich Opening of the Zürich Film Festival (2008) Zürich has a rich cultural tradition. In addition to high-quality museums and galleries, Zürich has high-calibre chamber and symphony orchestras and several important theatres.[62] The Zürich Film Festival is one of the most important upcoming international film festivals. In just a few years, the Festival became firmly established upon the national and international festival landscape. Over the course of 11 days, it attracts both stars and new talents and celebrates popular international productions.[63] Zürich during the Street Parade (2008) One of the largest and most popular annual events in Zürich is the Street Parade, which is also one of the largest techno and dance music festivals in the world. Proceeding along the side of Lake Zürich, it normally occurs on the second Saturday in August. The first edition was held in 1992 with about 1,000 participants. By 2001 the event had reached the size of 1 million participants.[64][65] The Zürifäscht, on the other hand, is a triennial public festival. It features music, fireworks set to music,[65] and other attractions throughout the old town. It is the largest public festival in Switzerland and is attended by up to 2 million visitors.[66] The Kunst Zürich is an international contemporary art fair with an annual guest city; it combines most recent and youngest art with the works of well-established artists.[67] Another annual public art exhibit is the city campaign, sponsored by the City Vereinigung (the local equivalent of a chamber of commerce) with the cooperation of the city government. It consists of decorated sculptures distributed over the city centre, in public places. Past themes have included lions (1986), cows (1998), benches (2003), teddy bears (2005), and huge flower pots (2009). From this originated the concept of the CowParade that has been featured in other major world cities. Zürich is also the home to several art movements. The Cabaret Voltaire where the Dada movement was founded in 1916. Constructive Art movement took also one of the first steps in Zürich. Artists like Max Bill, Marcel Breuer, Camille Graeser or Richard Paul Lohse had their ateliers in Zürich, which became even more important after the takeover of power by the Nazi-Regime in Germany and World War II. The best known traditional holiday in Zürich is the Sechseläuten (Sächsilüüte), including a parade of the guilds and the burning of "winter" in effigy. Another is the Knabenschiessen target shooting competition for teenagers (originally boys, open to female participants since 1991). Opera, ballet and theaters Opernhaus The Zürich Opera House (German: Zürcher Opernhaus) is one of the principal opera houses in Europe. Built in 1834, it was the first permanent theatre in the heart of Zürich and was at the time, the main seat of Richard Wagner's activities. Later in 1890, the theatre was re-built as an ornate building with a neo-classical architecture. The portico is made of white and grey stone ornamented with the busts of Wagner, Weber and Mozart. Later, busts of Schiller, Shakespeare and Goethe were also added. The auditorium is designed in the rococo style. Once a year, it hosts the Zürcher Opernball with the President of the Swiss Confederation and the economic and cultural élite of Switzerland.[68] The Schauspielhaus Zürich is the main theatre complex of the City. It has two dépendances: Pfauen in the Central City District and Schiffbauhalle, an old industrial hall, in Zürich West. The Schauspielhaus was home to emigrants such as Bertolt Brecht or Thomas Mann, and saw premieres of works of Max Frisch, Friedrich Dürrenmatt, Botho Strauss or Elfriede Jelinek. The Schauspielhaus is one of the most prominent and important theatres in the German-speaking world.[69] The Theater am Neumarkt is one of the oldest theatres of the city. Established by the old guilds in the Old City District, it is located in a baroque palace near Niederdorf Street. It has two stages staging mostly avantgarde works by European directors. The Zürcher Theater Spektakel is an international theatre festival, ranking among the most important European festivals for contemporary performing arts.[70] Food The traditional cuisine of Zürich consists of traditional fare, reflecting the centuries of rule by patrician burghers as well as the lasting imprint of Huldrych Zwingli's puritanism. Traditional dishes include Zürcher Geschnetzeltes and Tirggel. Nightlife and clubbing Zürich at night. Zürich offers a great deal of variety when it comes to night-time leisure. It is the host city of the world-famous Street Parade, which takes place in August every year. The most famous districts for Nightlife are the Niederdorf in the old town with bars, restaurants, lounges, hotels, clubs, etc. and a lot of fashion shops for a young and stylish public and the Langstrasse in the districts 4 and 5 of the city. There are authentic amusements: Brazilian bars, punk clubs, HipHop stages, Caribic restaurants, arthouse-cinemas, Turkish kebabs and Italian espresso-bars, but also sex shops or the famous red light district of Zürich. In the past ten years new parts of the city have risen into the spotlight. Notably, the area known as Zürich West in district 5, near the Escher-Wyss square and the S-Bahn Station of Zürich Hardbrücke. |
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