Top 10 Asian economies by commercial & administrative efficiency
- By Lin Liyao
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E-mail China.org.cn, March 30, 2012
Singapore surpassed the Republic of Korea to become the economy with best commercial & administrative efficiency in Asia, according to 2012 Asia Economies Competitiveness Report released by Boao Forum for Asia (BFA) recently.
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A bird's-eye view of the Boao Forum for Asia (BFA) International Conference Center in Hainan (file photo) [China.org.cn] |
In contrast with Hong Kong's strong performance, up six position from last year to the fourth, Chinese mainland decreased nine spots this time from 22nd to 31st, while Taiwan down 12 spots to the 19th.
The Asian Competitiveness Annual Report was first released by BFA in 2011. The ranking of Commercial and Administrative Efficiency Index is based on a set of BFA's index system and data model.
Also read: Top 10 competitive Asian economies in 2012
Top 300 competitive enterprises in Asia 2012
Top 110 companies in emerging economies
Boao Forum for Asia is an annual economic event usually attended by senior officials, economists and businesspeople of the region and the world at large and will be from April 1 to 3 this year.
Here is the ranking of Commercial and Administrative Efficiency Index for Asian Economies:
|
Ranking |
Economy |
Score |
Ranking 2011 |
|
1 |
Singapore |
95.76 |
2 |
|
2 |
New Zealand |
92.50 |
N/A |
|
3 |
Australia |
92.01 |
N/A |
|
4 |
Hong Kong, China |
90.43 |
10 |
|
5 |
Georgia |
82.44 |
13 |
|
6 |
Kyrgyzstan |
80.66 |
11 |
|
7 |
Mongolia |
75.98 |
8 |
|
8 |
Turkey |
74.61 |
12 |
|
9 |
Saudi Arabia |
73.86 |
18 |
|
10 |
Azerbaijan |
73.46 |
14 |
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