Abstract The World Economic Forum, based in Geneva, Switzerland, released the Global Competitiveness Report 2014-2015 yesterday. Switzerland ranked first for six consecutive years. Singapore and the United States ranked second and third respectively, China...
The World Economic Forum (WorldEconomicForum), based in Geneva, Switzerland, released the Global Competitiveness Report 2014-2015 yesterday. Switzerland ranked first for six consecutive years. Singapore and the United States ranked second and third respectively, while Hong Kong, China Maintaining the seventh place unchanged, the mainland China ranking rose by one to 28, while the Taiwanese region fell by two to 14. Mainland rankings are far ahead of the BRIC countries
According to the report, Hong Kong has a well-established package, including a transportation system that ranks high, and an effective, credible and stable financial system, making Hong Kong one of the freest economies in the world to support sustained and sound economic development. However, Hong Kong still has room for improvement in terms of higher education, innovation and quality of research. The report suggests that Hong Kong can use high technology to promote innovation and economic development.
As for the mainland of China, the ranking has risen by one to 28 from last year, and it is far ahead of the BRIC countries. The mainland benefits from its good entrepreneurial and innovative environment, but the banking industry’s vulnerability and market access restrictions and Barriers, investment rules, etc., have greatly limited the competitiveness of the Chinese mainland.
The report also mentioned that although the mainland is becoming an innovative economy, it is not an innovative region, and the mainland is no longer a place for the production of cheap and labor-intensive products. The Chinese mainland must create high-value employment. Opportunities to maintain a growing standard of living.
Taiwan ranks 14th this year, down two places from last year. According to the World Economic Forum, Taiwan’s economic performance in the past six years has been very stable. The high efficiency of commodity markets, world-class infrastructure, and a strong education system are all Taiwan’s strengths. The report suggests that Taiwan should strengthen the government system structure, especially the efficiency of government departments, and combat corruption. At the same time, it should also raise the low efficiency and rigidity of the labor market, which will further enhance Taiwan's economic competitiveness.
Recording the strength of the global economy
From 2014 to 2015, the most competitive countries and regions in the world are Switzerland, Singapore, the United States, Finland, Germany, Japan, Hong Kong, the Netherlands, the United Kingdom and Sweden. Malaysia ranked 20th in Asia and 26th in South Korea. In this year's ranking, Switzerland has been at the top for the sixth consecutive year, mainly benefiting from the tremendous innovation capability brought by academic R&D and commercial cooperation, but it has difficulties in recruiting qualified employees; Singapore ranks second, mainly due to financial Market development and infrastructure development are perfect; the United States ranks third, mainly due to the continuous recovery of the local economy, and has emerged from the financial crisis, and the institutions system and innovation and other fields scored higher.
The report covers 144 economies around the world, and the review indicators include innovation capability, market size, financial market conditions, infrastructure, technology level, and education level.
Since 1979, the World Economic Forum has published a global competitiveness report every year. This competitive report, which has been published for more than 30 years, records the global strength of the global economy and objectively promotes the overall competitiveness of the world. progress.
Global competitiveness ranking
1 Switzerland
2 Singapore
3 United States
4 Finland
5 Germany
6 Japan
7 Hong Kong, China
14 Taiwan, China
26 South Korea
28 Mainland China
53 Russia
56 South Africa
57 Brazil
71 India
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