Question – Hong Kong’s competitiveness (Abraham Shek)
According to the Global Competitiveness Report 2013-2014 of the World Economic Forum (the Report), Hong Kong’s position in the overall rankings of the Global Competitiveness Index among 148 countries/economies has advanced by two places to the seventh this year. Despite the advancement in overall ranking, Hong Kong ranked significantly low in several areas (e.g. Hong Kong’s enrollments for primary and secondary education remained at low rankings of 89th and 93rd respectively). The report recommended that Hong Kong needed to improve on higher education (ranked 22nd) and innovation (ranked 23rd)…