Hong Kong remains one of the most competitive cities in China, according to a recent study.
The study, conducted by the China Institute of City Competitiveness, consists of rankings of over 280 Chinese cities based on their overall competitiveness, growth in competitiveness, investment environment and government reliability.
Apart from "investment environment", Hong Kong was ranked number one for all of the categories this year, followed by rival cities such as Shanghai, Beijing, Shenzhen and Macao.
Institute Chairman Gwei Changfang said the rankings were established according to performance and structural criteria including economic growth and dynamism, resources potential, business and infrastructural development, along with cultural image and activities.
"Due to marked economic growth prompted by the successful implementation of CEPA, individual travel schemes for mainland tourists and a revival of business activity in the territory, Hong Kong continues to be a highly competitive city," Gwei told reporters at a press conference yesterday.
Gwei noted that the most competitive cities on the mainland are concentrated in the coastal areas near the Pearl River Delta, the Yangtze River Delta and in eastern China.
"Coastal cities in the east, along with Guangdong and Shandong are becoming increasingly competitive, which continues to widen the gap between this region and old industrial cities in western and central China," he said.
Meanwhile, the study also presented a ranking of the most influential city leaders based on their performance and administrative achievements in the past year, with Macao's Chief Executive Edmund Ho topping the list.
"Mr Ho's achievements in 2003 are quite prominent, which include successful economic boosting measures, opening of the gaming industry, and making Macao a safer place for tourists in general," Gwei explained.
Gwei said he hopes the study, conducted for the third time this year, will provide guidelines for improving the competitiveness of Chinese cities.
"This comprehensive ranking will enable the administration of each city to recognize its strengths, weaknesses and its place among other Chinese cities. It can serve as a useful guide to policy makers and business leaders," he added.
(China Daily HK Edition December 16, 2004)
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