The Global Competitiveness Report ranking is based on the Global Competitiveness Index, which was introduced by the WEF in 2005. Defining competitiveness as the set of institutions, policies and factors that determine the level of productivity of a country, GCI scores are calculated by drawing together country-level data covering 12 categories - the pillars of competitiveness - that collectively make up a comprehensive picture of a country's competitiveness. The 12 pillars are: institutions, infrastructure, macroeconomic environment, health and primary education, higher education and training, goods market efficiency, labor market efficiency, financial market development, technological readiness, market size, business sophistication and innovation.
Now that was a day. The author is an Australian Business & English teacher who has taught in China for over four years. He has worked in Nantong and Yangzhou, Jiangsu, Fuzhou, Guangzhou and Huianan, Anhui and traveled widely in China.
Although the mainland maintained its place as the largest market in size for the past three years and continues enjoying robust economic growth, the Hong Kong Special Administrative Region made a significant leap up the ranks from ninth last year to sixth. It is now ahead of Sweden (seventh), the United Kingdom (eighth) and Japan (ninth).
Please click to read more My China Stories You are welcome to share your stories, and please send it to firstname.lastname@example.org I had a great experience recently. It's a Sunday in famous classical city of Yangzhou, Jiangsu province and I scored an unexpected role as a substitute judge of an English competition for kids. It's from a private school that runs classes in the smaller cities and towns including the backwater where my wife works. All these cute girls dressed up beautifully in their special party frocks and shiny leather shoes turn up to perform. Plus quirky boys with slicked or spiky hair and even boyishly smart casual dress. One tiger even had braces. They are aged 5 to 11 and they try so hard and they are so funny as soon as you get outside the set routine or even inside the set routine sometimes.
One of the recent buzzwords being heard often in China, frequently cited by top leaders as well as people at the grassroots level, is "openness".
TAIYUAN - A State-owned enterprise suspected of dumping waste in North China's Shanxi province will face severe punishment, the provincial State-owned Assets Supervision and Administration Commission said Thursday.
“It was very clearly a human finger bone - it was instant excitement,” said Groucutt. The bone was found near fossils of hippos and buffalos, suggesting the now arid area was once a vast wetland.