COUNTRY PROFILE. Hong Kong SAR

Transcription

1 COUNTRY PROFILE Hong Kong SAR

2 Statistical tables Factor I: Economic Performance WORLD COMPETITIVENESS RANKING 08 All data are available from the World Competitiveness Online. Visit our eshop

3 COMPETITIVENESS TRENDS - OVERALL HONG KONG SAR OVERALL PERFORMANCE (6 countries) CHALLENGES IN 08 To To navigate navigate through through the the complicate complicate environment environment arising arising from from the the US monetary policy normalisation and rising trade protectionism. To grasp opportunities from developments of the Mainland economy, including the Belt and Road and Guangdong-HK- Macao Bay Area initiatives. To foster R&D and innovation as key driver for economic growth. To expedite land supply for both residential and commercial uses. To address the growth constraints posed by an aging population. Provided Hong Kong by: Trade Development Council Hong Kong Trade Development Council BASIC FACTS Rank Capital Land area (square km '000) Hong Kong 07 Exchange Rate (per $) Population - market size (millions) Gross Domestic Product (GDP) (US$ billions).7 07 GDP (PPP) per capita (US$) 6, Real GDP growth (%) Consumer price inflation (%).8 07 Unemployment rate (%) Labor force (millions) Current account balance (% of GDP) Direct investment stocks inward ($bn), Direct investment flows inward (% of GDP) COMPETITIVENESS LANDSCAPE Economic Performance Government Efficiency Business Efficiency Infrastructure Domestic Economy 0 International Trade International Investment Employment Prices Public Finance Tax Policy Institutional Framework 9 Business Legislation Societal Framework Productivity & Efficiency Labor Market 0 8 Finance Management Practices Attitudes and Values Basic Infrastructure Technological Infrastructure 9 Scientific Infrastructure Health and Environment Education 8 6 PEER GROUPS RANKINGS ASIA - PACIFIC ( countries) POPULATIONS < 0 MILLION ( countries)

4 COMPETITIVENESS TRENDS - FACTOR BREAKDOWN HONG KONG SAR ECONOMIC PERFORMANCE Sub-Factor Rankings : 07 Domestic Economy 6 International Trade International Investment Employment 5 Prices GOVERNMENT EFFICIENCY Sub-Factor Rankings : 07 Public Finance Tax Policy Institutional Framework 7 Business Legislation Societal Framework 08 9 BUSINESS EFFICIENCY Sub-Factor Rankings : 07 Productivity & Efficiency 0 Labor Market Finance Management Practices Attitudes and Values INFRASTRUCTURE 5 0 Sub-Factor Rankings : 07 Basic Infrastructure 9 Technological Infrastructure 8 Scientific Infrastructure Health and Environment 8 Education

5 WORLD COMPETITIVENESS DIGITAL RANKING 08 All data are available from the World Competitiveness Online. Visit our eshop

6 DIGITAL TRENDS - OVERALL HONG KONG SAR OVERALL PERFORMANCE (6 countries) Overall Alpha Alpha Factors Beta BetaLabel Gamma GammaLab Sub-Factors Knowledge Talent Training & education Scientific concentration 6 6 Technology Regulatory framework Capital Technological framework 6 5 The direction of the triangle indicates the performance change from the last year: improved or stable declined Future readiness Adaptive attitudes Business agility IT integration OVERALL & FACTORS - 5 years OVERALL Knowledge Technology Future readiness COMPETITIVENESS & DIGITAL RANKINGS Digital Competitiveness 7 N.B. This graph provides only a comparison of the country s performance in the two rankings. PEER GROUPS RANKINGS ASIA - PACIFIC ( countries) POPULATIONS < 0 MILLION ( countries)

7 u Overall top strengths w Overall top weaknesses FACTORS BREAKDOWN - STRENGHTS AND WEAKNESSES HONG KONG SAR KNOWLEDGE Subfactors Talent 5 5 Training & education Scientific concentration Talent Rank Rank Rank Training & education Scientific concentration Educational assessment PISA - Math Employee training 6 w Total expenditure on R&D (%) International experience w Total public expenditure on education 56 Total R&D personnel per capita 0 Foreign highly-skilled personnel 9 Higher education achievement 9 Female researchers - Management of cities Pupil-teacher ratio (tertiary education) R&D productivity by publication 9 Digital/Technological skills 0 u Graduates in Sciences u Scientific and technical employment w Net flow of international students 8 Women with degrees - u High-tech patent grants TECHNOLOGY Subfactors Regulatory framework 7 6 Capital Technological framework Regulatory framework Rank Capital Rank Technological framework Rank Starting a business IT & media stock market capitalization Communications technology Enforcing contracts Funding for technological development 9 Mobile Broadband subscribers Immigration laws 0 Banking and financial services 7 Wireless broadband Development and app. of technology Investment risk Internet users Scientific research legislation Venture capital 8 Internet bandwidth speed Intellectual property rights 9 w Investment in Telecommunications High-tech exports (%) FUTURE READINESS Subfactors Adaptive attitudes Business agility IT integration Adaptive attitudes Rank Business agility Rank IT integration Rank E-Participation - u Opportunities and threats E-Government - Internet retailing w Innovative firms 8 Public-private partnerships 7 Tablet possession 5 u Agility of companies Cyber security Smartphone possession 0 Use of big data and analytics 8 Sofware piracy 9 Attitudes toward globalization Knowledge transfer 9 6

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