World competitiveness rankings reshuffle China's competitiveness over Anglo-French day

Yangcheng reporter Lu Zhilin reported: Switzerland Lausanne International School of Management recently issued the 2010 World Competitiveness Annual report. For the first year in 16 years, the United States has fallen to third place in the global competitiveness rankings, the United States has been the number one situation has been broken, Singapore and Hong Kong overtook the United States in the top two, become the brightest two stars.　　The report says that while the economies of Singapore and Hong Kong, China, have been greatly affected by the financial crisis, they have shown strong resilience. Other Asian economies, with the exception of Singapore and Hong Kong, have also benefited from a strong economic recovery. Among them, Taiwan, Malaysia and South Korea ranked higher than last year, ranked eight, tenth and 23rd respectively.　　Japan ranked 27, falling. The United States, which has been sitting on the top for 16 years, has fallen to third place this year.　　Of the remaining traditional economies, Germany, Britain, France and Italy are ranked 16th, 22, 24 and 40 respectively. The second highlight of the report is the continued rise of the Chinese mainland rankings.　　Compared with 2009, mainland China's competitiveness has risen by two, ranked 18th, leading the old economic powerhouses such as Britain, France and Japan, and the BRIC countries.　　In this year's report, India, Brazil and Russia ranked 31st, 38, and 51, respectively.　　Developed countries ' liabilities exceed cordon 2010 world competitiveness Rankings In addition to the main reference to include macro-economic performance, government efficiency, enterprise efficiency and infrastructure, including a total of 4 categories, more than 300 evaluation indicators, this year's ranking also special consideration of the international financial crisis and sovereign debt crisis factors such as the impact. The report predicts that the average debt level of the group of 20 members as a percentage of GDP will rise from 76% in 2007 to 106% per cent in 2010. This situation is clearly unsustainable. Developed countries must reduce public debt to a "tolerable" level of 60% per cent of gross domestic product. By reckoning, it could take 2,084 years for Japan to reduce its debt to that level, with Italy, Britain and the United States expected to do so by 2060, 2028 and 2033 respectively.