Reported 8 months ago
Taiwan has been ranked 8th in the 2024 IMD World Competitiveness Ranking, placing it 3rd in the Asia-Pacific region after Singapore and Hong Kong, surpassing China, Japan, and South Korea. The report analyzes Taiwan's strengths in accelerating digitization, diversifying supply chains, deepening international cooperation, and enhancing talent development, but doesn't mention AI. Taiwan excelled in 18 out of 27 competitiveness indicators, particularly in economic complexity and resilience, and saw improvements in infrastructure. Factors such as effective epidemic management and the return of overseas individuals also contributed to the improved ranking.
Source: YAHOO