(the latest ranking of Hong Kong's competitiveness has risen to the fifth place in the world. Some members believe that this proves that a safe and stable social environment is the foundation of economic development.) According to the 2022 annual report on world competitiveness (2022 annual report) released by the Swiss Institute for international management and development yesterday, Hong Kong's latest ranking has risen from the seventh in the world last year to the fifth. The SAR government said that Hong Kong's emergence as one of the most competitive economies in the world depends on the institutional advantage of "one country, two systems". The government is full of confidence in the long-term development of Hong Kong and will continue to strengthen investment in infrastructure, innovation and science, talent and land supply. Some members of the Legislative Council pointed out that the ranking fully shows that a safe and stable social environment is the foundation of economic development, and smashed the slander of Anti China Hong Kong riots on the national security law and the improvement of the electoral system. In the latest 2022 annual report released by the International Management Development Institute in Lausanne, Switzerland, the overall ranking of Hong Kong rose from the seventh place in the world last year to the fifth. "Economic performance" ranked 15th Among the four competitiveness factors, Hong Kong ranks the highest in "government efficiency" and "business efficiency", ranking the second and seventh in the world respectively; The ranking of "economic performance" has risen significantly, from the 30th place in 2021 to the 15th place; "Infrastructure" also rose two places, ranking 14th in the world. In terms of sub factors, Hong Kong ranks first in the world in terms of "business regulations", and also ranks first in the world in terms of "public finance", "tax policy" and "international investment". A government spokesman said that the 2022 annual report affirmed that Hong Kong is one of the most competitive economies in the world. Hong Kong's competitiveness depends on its institutional advantages under "one country, two systems", including the rule of law and judicial independence, free access to capital, a free trade and investment system, a simple and low tax system, a good business environment and an efficient government. In the face of fierce global competition, the SAR government will continue to strive to enhance Hong Kong's competitiveness. While consolidating its own system and competitive advantages, the SAR government will actively strengthen investment in infrastructure, innovative technology, talent cultivation and increasing land supply, so as to provide a favorable environment for the long-term development of Hong Kong's economy. The spokesman also pointed out that looking ahead, Asian economies, especially the mainland, will continue to make significant contributions to global economic growth. Under the arrangement of "one country, two systems", Hong Kong will continue to play its unique role as a gateway, springboard and intermediary, actively integrate into the overall situation of national development, and grasp the opportunities brought by the national "14th five year plan", the Great Bay area of Guangdong, Hong Kong and Macao, and the "the Belt and Road". Ranking rise breaks rumors of Hong Kong disorderly elements Gepeifan, a member of the Legislative Council of the Democratic Alliance for the betterment of China, said that the results of the 2022 annual report showed that Hong Kong has strong competitiveness, which reflects the geographical advantage of Hong Kong's backing on the motherland and facing the world, as well as the superiority of "one country, two systems". The ranking shattered the rumors of western countries and some anti China elements who claimed that with the implementation of the national security law and the improvement of the electoral system, Hong Kong will gradually become an ordinary city. On the contrary, it proved that a safe and stable social environment is the foundation of economic development and a necessary factor to enhance competitiveness. With the support of the state, I believe that the development of Hong Kong will become better and better. Chen Yong, a member of the Legislative Council of the Democratic Alliance for the betterment of Hong Kong (DAB), pointed out that Hong Kong's "economic performance" had plummeted from the 10th place in the world to the 28th place in 2020, reflecting that the storm of amendments had a very serious impact on social development. In the latest ranking, this index has risen by 15, reflecting the positive attitude of the international community towards Hong Kong's development and the significance of the central government's successive introduction of the national security law and the improvement of the electoral system to Hong Kong's development. In addition, the ranking will also enhance social cohesion. I believe that many people will be full of confidence in the development of Hong Kong and willing to build Hong Kong. (Xinhua News Agency)