The report aims to make Glasgow a world class city in a decade

The 10-year strategy has been published by Glasgow Economic Forum (GEF).

A Step Change for Glasgow has a vision of an economically strong, safe and healthy city where wealth is shared.

The strategy does not identify specific projects or programmes. These will be outlined in three action plans to be published in the next decade.

The GEF said significant challenges remained, however, including low productivity, worklessness and derelict land.

In a keynote speech to the State of the City Economy Conference at the Radisson Hotel, Glasgow City Council leader Steven Purcell, said: "This is a critical period for our economic future.

We're now in a position where we can really start to look at moving the city up the international wealth league tables Stuart Patrick Scottish Enterprise Glasgow

"The staggering rate of record investment in Glasgow is testament to the outstanding economic environment we have created.

"Our new, 10-year strategy is a blueprint for success.

"By working together, both private and public sectors can, and will, secure Glasgow's future, Scotland's economic powerhouse, by providing the step change necessary to increase the value of the work we do."

Scottish Enterprise Glasgow's operations director, Stuart Patrick, said: "We're now in a position where we can really start to look at moving the city up the international wealth league tables.

"This strategy not only concentrates on fixing the damage from years of decline, it sets out how we take a real leap in our performance, not just steady growth.

"In the future we want Glasgow to be seen not as a city going through a process of regeneration, but one whose transformation from post-industrial to modern 21st Century city is complete - a city that others want to imitate."

'Right direction'

Dr Lesley Sawyers, chief executive of Glasgow Chamber of Commerce, said: "This strategy will help create an environment that allows business to prosper and grow.

"This week the chamber asked businesses their views on the state of the city and 67% told us they believed Glasgow was now one of the world's top cities to live and work, so we are already moving in the right direction."

John Gallacher, chairman of the Glasgow Economic Forum, said: "The next 10 years offer the best chance in a generation to drive success faster and further and to realise our vision of a world-class city.