Translation. Region: Russian Federal
Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
BEIJING, June 20 (Xinhua) — Hong Kong is becoming increasingly attractive as an international financial center, with a growing magnetic attraction for foreign enterprises and individuals to invest and do business, Chinese Foreign Ministry spokesman Guo Jiakun said at a regular press briefing on Thursday, commenting at the request of the media on Hong Kong’s rise in the World Competitiveness Index 2025 released by the International Institute for Management Development (IMD) in Lausanne, Switzerland.
Hong Kong rose to third place in the annual ranking, returning to the top three for the first time since 2019.
The IMD yearbook was a “recognition of Hong Kong’s unique position and advantages, as well as the prospects of the ‘one country, two systems’ concept,” Guo Jiakun said.
Hong Kong continues to be one of the freest economies and one of the most competitive regions in the world, he noted, citing data according to which the financial holding Hong Kong Exchanges and Clearing Limited (HKEX) ranked first in the world in terms of funds raised in the first half of 2025 – US$14 billion. Hong Kong’s overseas tourist flow increased by 18 percent in the first 5 months of 2025 compared to the same period last year; several large international companies redomiciled to Hong Kong.
All this is “a vote of confidence in Hong Kong from the international community,” said a spokesman for the Chinese Foreign Ministry.
Pointing to the upcoming 5th anniversary of the National Security Law in Hong Kong, Guo Jiakun expressed confidence that with the institutional guarantee of “one country, two systems”, the unique advantage of supporting the motherland and having extensive connections with the world, as well as a more secure environment that supports high-quality development, Hong Kong will definitely have a brighter future.