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Hong Kong: The most competitive economy in the world is here

During 2015, Hong Kong recorded an inflow of FDI equal to 175 billion dollars (+53,5%), making it the second largest catalyst of FDI globally with an eye on China: government and business efficiency are its strengths. It is the gateway to China and has the most competitive economy in the world

Hong Kong: The most competitive economy in the world is here
As reported by the last UNCTAD report, during 2015 Hong Kong recorded an inflow of FDI (foreign direct investment) equal to 175 billion dollars, with an increase of 53,5% compared to the same period of the previous year (114 billion).

In the global ranking, Hong Kong is in second place behind the USA (380 billion) and ahead of China (136 billion). The UNCTAD analysis also points out that the increase in inflows is attributable to an increase in cross-border mergers and acquisitions. Hence, despite the uncertainties of the global economy, Hong Kong continues to be a very important pole of attraction for businesses and investors. Furthermore, Hong Kong's role as a "super-connector" for direct investment should be highlighted in this context: foreign economic actors in fact use Hong Kong as an investment base for the rest of the continent, especially in China and the surrounding region.

Furthermore, on the basis of theIMD World Competitiveness Yearbook, Hong Kong also happens to be the most competitive economy in the world. The IMD survey is based on four main factors: economic performance, government efficiency, corporate efficiency and infrastructure. Hong Kong ranks first globally in both government and business efficiency. Mainland China remained the largest source of investment in Hong Kong in the first six months of 2016, followed by the USA, the UK, France and Taiwan.

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