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Hong Kong takes innovation lead in Asia, report says - topix

Daryl Joe Dixon

Despite lingering weakness in the economy, Hong Kong strengthened its position among the top 10 global markets for innovation, according to the latest rankings released yesterday.

Hong Kong was ranked seventh, up from eighth place last year, in the new Global Innovation Index (GII) survey. It moved ahead of Singapore, which fell to eighth place from third last year.

The city also sits alongside South Korea, Japan, Malaysia and mainland China as the top Asian markets for innovation.

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