HK ranks seventh globally in digital competitiveness

It ranked third and fifth in ‘technology’ and ‘knowledge’, respectively.

Hong Kong ranked seventh out of 67 economies in the latest World Digital Competitiveness Ranking (WDCR), climbing three places as it improved in "technology" and "knowledge." 

Hong Kong ranked third and fifth in ‘technology’ and ‘knowledge’, respectively. Its ranking in ‘future readiness’ also improved.

The ranking measures the capacity and readiness of economies to adopt and explore digital technologies for economic and social transformation. 

"The Chief Executive announced a series of initiatives for the information and technology (I&T) sector including establishing the third InnoHK research cluster, development of new industrialisation, a $10b I&T Industry-Oriented Fund and launching the Pilot I&T Accelerator Scheme,” a government spokesperson said.

The spokesperson added that the government will continue to enhance the I&T infrastructure, including the first-phase facility of Cyberport's Artificial Intelligence (AI) Supercomputing Centre and the $3b AI Subsidy Scheme now open for applications.