Shenzhen passed Hong Kong in an overall economic competitiveness ranking in 2014, according to a report released last month by the Chinese Academy of Social Sciences (CASS), a Beijing think tank. Is Hong Kong really losing its competiveness or is Shenzhen just the new “can do” city?
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"Decisions are taking a long time to be made. One of the biggest impediments for growth for entrepreneurship is just inaction. The Hong Kong situation is stagnant. Stagnancy is just the destroyer of economics and mobility."
Hotelier Aron Harilela (South China Morning Post March 2015)【3】
The Global Competitiveness Report "assesses the ability of countries to provide high levels of prosperity to their citizens. This in turn depends on how productively a country uses available resources. Therefore, the Global Competitiveness Index measures the set of institutions, policies, and factors that set the sustainable current and medium-term levels of economic prosperity. 【4】
China Development Institute (CDI), is a think tank based in Shenzhen, founded in 1989 to promote China's reform, opening-up and expansion of international academic exchange and cooperation.Since it was established, CDI has been committing to the exploration of a new route for Chinese research and consultation organizations through reform and institutional innovation that fits China's actual conditions. CDI has grown to become one of the leading think tanks in China for its problem-solving research and consulting service.
American global human resource and related financial services consulting firm Mercer releases annually the Quality of Living Survey, comparing 221 cities based on 39 criteria. Important criteria are safety, education, hygiene, health care, culture, environment, recreation, political-economic stability and public transportation.
 Guo Wanda, CDI Executive Vice President 2015