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Hong Kong ranks No. 2 globally in competitiveness, its best in 7 years

By PulseAugur Editorial · [1 sources] ·

Hong Kong has achieved the second-highest global competitiveness ranking, its best performance in seven years, according to a report by the International Institute for Management Development (IMD). The city, which climbed one spot from the previous year, now trails only Singapore among the 70 economies surveyed. This rise is attributed to sustained improvements in government efficiency, infrastructure, economic performance, and business efficiency, reinforcing the strong showing of Asian economies in global competitiveness. AI

RANK_REASON This is a significant economic ranking report from a reputable institute. [lever_c_demoted from significant: ic=1 ai=0.1]

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AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Hong Kong ranks No. 2 globally in competitiveness, its best in 7 years

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This is a significant economic ranking report from a reputable institute. [lever_c_demoted from significant: ic=1 ai=0.1]
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COVERAGE [1]

  1. SCMP — Tech TIER_1 English(EN) · Cannix Yau ·

    Hong Kong ranks No 2 in global competitiveness with best showing in 7 years

    Hong Kong has ranked as the second-most globally competitive economy – its best performance in seven years – climbing one spot from last year to place behind Singapore. The ranking, released by the Switzerland-based International Institute for Management Development (IMD) on Thur…

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