Hong Kong Competitiveness Gains Reinforce Global Hub Status, Says HKTDC

Hong Kong’s rise to second place in the 2026 World Competitiveness Yearbook underscores the strength of its business environment and reinforces its position as a leading international financial and trading centre, according to the Hong Kong Trade Development Council.

The Hong Kong competitiveness ranking reflects continued improvements across key areas that support the city’s role as a gateway between mainland China and global markets.

The city ranked first globally for tax policy and business legislation, while securing second place in finance.

Hong Kong also placed third in international trade, international investment, management practices and education, highlighting the breadth of its competitive advantages.

HKTDC Chairman Prof Frederick Ma said the Hong Kong competitiveness performance demonstrates the city’s resilience and enduring appeal to global businesses and investors.

He noted that recent gains in cross-border wealth management, trade activity and IPO fundraising further strengthen Hong Kong’s position as an international business hub.

Ma added that Hong Kong continues to benefit from its unique role connecting mainland China with international markets, enabling capital, talent and businesses to move efficiently between the two.

The latest rankings reinforce confidence in Hong Kong’s long-term prospects as a centre for finance, investment and global commerce.