Hong Kong most competitive Chinese city

30 December 2005

Beijing, China, 30 Dec – Hong Kong is the most economically competitive among 287 cities in China for the second year running, according to a survey published this week.

The Chinese Institute for Competitiveness of Cities issued a list Thursday that shows Shanghai climbed from fourth place in 2004 to second spot this year and that Beijing, Taipei and Shenzhen occupy third, fourth and fifth places respectively.

Hong Kong has made great strides in boosting its economic competitiveness and has overhauled Shanghai in this area, said an official responsible for the survey.

Macau lies in seventh position in the ranking of competitiveness and it is likely that the Special Administrative region will improve its position due to its booming gaming sector, another official connected with the survey said.

The Pearl and Yangtze River basins and Bohai region are the most economically competitive parts of China, according to the survey. (macauhub).