Despite a slidedrop in ranking, the World Economic Forum said that Hong Kong’s performance had been “strong and consistent”Skyline picture. Hong Kong skyline taken from the Peak. Office buildings stand in the central business district of Hong Kong. 25JUL16 SCMP/Photo: Robert Ng

Hong Kong slips two spots in global competitiveness index, while Singapore still leads Asia-Pacific

Drop shows city’s difficulties in moving from being a global financial centre towards growing an innovation-led economy

Topic |   World Economic Forum

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Despite a slidedrop in ranking, the World Economic Forum said that Hong Kong’s performance had been “strong and consistent”Skyline picture. Hong Kong skyline taken from the Peak. Office buildings stand in the central business district of Hong Kong. 25JUL16 SCMP/Photo: Robert Ng
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