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Hong Kong ranked the world's second most competitive economy, up from the fourth place last year, according to the International Institute for Management Development (IMD) World Competitiveness Yearbook 2015.
瑞士国际管理学院2015年全球竞争力年鉴显示,香港已位列世界第二大最具竞争力的经济体,去年香港排在第四名。
"We welcome the IMD's high regard of Hong Kong as the world's second most competitive economy," Financial Secretary John Tsang said Thursday.
"Hong Kong is highly competitive vis-a-vis most other economies in the world, especially in terms of government efficiency and business efficiency in which Hong Kong attains1 the top rank globally. This once again affirms the importance of our steadfast2 fiscal3 discipline, robust4 financial system and favorable business environment," Tsang said.
"We will continue to consolidate5 Hong Kong's institutional strengths and broaden the economic base on various fronts, and will strive to uphold our leading position as a key metropolitan6 city in the world," he continued.
According to the IMD World Competitiveness Yearbook 2015 released Wednesday, Hong Kong's rank rose to the second among the 61 economies assessed, only after the United States.
The report ranks the competitiveness of 61 economies around the world in various aspects. The four competitiveness factors assessed are: economic performance, government efficiency, business efficiency and infrastructure7, each consists of five sub- factors.
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