The Hong Kong Trade Development Corporation (HKTDC) has responded to the latest World Competitiveness Yearbook (WCY) 2026, published by the International Institute for Management Development, which ranks Hong Kong second globally in competitiveness. The city has shown strong performance across multiple indicators, including top rankings in "Tax policy" and "Business legislation," second place in "Finance," and third in "International trade," "International investment," "Management practices," and "Education."
Prof Frederick Ma, Chairman of the HKTDC, noted that the WCY 2026 reaffirms Hong Kong's competitiveness and business advantages. He highlighted recent international reports showing Hong Kong as the world's fifth-largest trading entity, first globally in cross-border wealth management, and a top destination for IPO fundraising. These achievements underscore Hong Kong's role as the "Four Centres and One Hub" and its function as a premier two-way springboard connecting the Chinese Mainland and international markets.
Prof Ma added that the HKTDC will support the Hong Kong Special Administrative Region government in aligning with the national 15th Five-Year Plan and Hong Kong’s Five-Year Plan. Leveraging its unique advantages as a superconnector and super value-adder, the HKTDC aims to help Hong Kong integrate into and contribute to national development. For more details, visit the HKTDC Media Room.
