Hong Kong’s rise to third in competitiveness index ‘due to civil service reform’
‘This is also the first time Hong Kong is back in the top three since 2019,’ city leader John Lee says

The chief executive said that Hong Kong had scored 99.2 out of 100 in the latest World Competitiveness Ranking, which was released by the Switzerland-based International Institute for Management Development (IMD) on Tuesday.
The ranking put the city ahead of 66 other economies out of 69 surveyed. Hong Kong’s overall score was only surpassed by Switzerland and Singapore.
The index covers economic performance, government efficiency, business efficiency and infrastructure, each of which has five subcategories.
Lee noted the city was ranked first in terms of its tax policies and said he was “encouraged” that Hong Kong had come second in government efficiency, only being beaten by Switzerland.