Hong Kong ranks fifth in list of world’s most competitive economies, climbing two spots over improved performance amid Covid pandemic


Hong Kong has climbed two places this year to reclaim the fifth spot in an annual global ranking of the world’s most competitive countries and regions, on the back of improved economic performance amid the coronavirus pandemic.

Denmark came in at the top for the first time since 1989 in the IMD World Competitiveness Ranking based on its policies and a focus on sustainability, followed by Switzerland.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
SCMP , Hong Kong , Economy

Next In Aseanplus News

Russia slams US strike threats, warns against interference in Iran
Britain takes to TikTok to highlight immigration raids
China, Russia won’t ‘dare test’ US, says Hegseth after show of military might in Venezuela
Blaze rips through 95% of waste management plan in Kuching
Taiwanese TV host Peng Chia Chia, 69, seen selling fruits at midnight to clear millions in debt
Madani govt will be directly involved with GSF 2.0, says PM
Court told of project advisory agreement linked to police contract tender
Leaders of South Korea and Japan agree to improve cooperation
Wei Chong-Kai Wun march into Indian Open second round
Wurst heist ever: German burglars make off with €3 worth of sausages

Others Also Read