Hong Kong, a strong return to the world's top three!

Hong Kong, a strong return to the world's top three!

On June 17, the International Institute for Management Development (IMD) in Lausanne, Switzerland, released theWorld Competitiveness Yearbook 2025Hong Kong's global competitiveness ranking rose by two places toworld's third largestThe

This is the first time since 2019 that Hong Kong has returned to the top three.The report shows that Hong Kong's global competitiveness has risen two places to the third place in the world, gaining99.2ingredient, an increase of 7.7 points from last year, the highest increase among the world's top 10.

The top five are:Switzerland, Singapore, Hong Kong, China, Denmarkcap (a poem)UAE. Mainland China is ranked 16th globally, and the ranking has stabilized over the past five years.

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Hong Kong Competitiveness

full upgrade

The report states.Overall enhancement of the four major elements of Hong Kong's competitivenessis the basis for this rise in ranking. These upgrades reflect Hong Kong's extensive initiatives to attract private sector investment.

The four main elements of competitiveness include:economic performance(Economic Performance),Government efficiency(Government Efficiency),Business efficiency(Business Efficiency) andinfrastructure(Infrastructure).

▲ Hong Kong's performance on the four major competitiveness factors

Of these, Hong Kong is in theGovernment efficiencycap (a poem)Business efficiencyRanking in all areasnumber two in the worldThe

Within each of these four elements of competitiveness, there are also five smaller items, for a total of twenty items.

▲ Hong Kong's performance on the 20 program elements

Most notably, Hong Kong was awarded the world's first place in two of these categories, namelytax policycap (a poem)Commercial legislationThe

This is a perfect reflection of the fact thatAs an offshore financial center, Hong Kong is internationally recognized for its friendliness to business and investment as well as its strong appeal.

In other areas, finance, education, and international investment ranked second globally; international trade and management practices ranked third globally; and technology infrastructure ranked fourth globally.

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Hong Kong's many international rankings

They're all on the rise.

Looking back at the past year, Hong Kong has risen in a number of international rankings.

Out in September 2024Global Financial Center Index (GFCI)In March 2025, the ranking of Hong Kong as a financial center will remain unchanged, with Hong Kong returning to the top three and replicating the "Nylonkong" pattern.world's third largestbeginning ofAsia Pacific continues to leadThe

October 2024World Economic Freedom Report 2024Hong Kong is the leading economy among 165 economies in the world, taking backnumber oneHong Kong was ranked first in international trade freedom and regulation in all the five major categories assessed! Hong Kong ranked first in international trade freedom and regulation in all five major assessment categories.

September 2024World Talent Ranking 2024Hong Kong is ranked9th, returning to the top 10 for the first time since 2016 (#10)! which ranks 4th globally for talent readiness.

In October 2024, the World Bank issued its firstDoing Business 2024 Maturity Assessment ReportHong Kong is one of the 10 best places to do business in the world.

The ratings and endorsements from these authorities are highlighting theHong Kong's leading position and strength as an international financial center.

In addition, Hong Kong 2024 is alsoOne of the four largest IPO markets in the worldIn 2024, a total of 71 IPOs will be listed in Hong Kong, raising HK$87 billion.Ranked fourth globallyThe

The Hong Kong stock market continues to be hot this year. As of June 15, a total of 30 companies IPO on the Hong Kong Stock Exchange, and there are four other companies, including Haitian Taste, are in the process of prospecting, and together with the amount of funds raised by these four, the total amount of funds raised by the Hong Kong Stock Exchange will reach 100 billion Hong Kong dollars! This also makes the HKExAfter a six-year hiatus, it will return to the top spot in global IPO fundraising.

Hong Kong's leap in the global competitiveness rankings is the best proof of the city's resilience and vitality. As Lee Ka-chiu said, "The rankings confirm that we are heading in the right direction."

Relying on its institutional strengths, open ecology and efficient governance, Hong Kong is continuously refreshing its international ranking.

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