2018 Hong Kong, China

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Nominated as Knowledge Metropolis, Hong Kong, China is one of two Special Administrative Regions (SARs) of the People's Republic of China (PRC), the other being Macau. A city-state  situated on China's south coast and enclosed by the Pearl River Delta and South China Sea,  it is renowned for its expansive skyline and deep natural harbour. With a land mass of 1,104 km2 (426 sq mi) and a population of seven million people, Hong Kong is one of the most densely populated areas in the world.Hong Kong's population is 95 percent ethnic Chinese and 5 percent from other groups.Hong Kong's Han Chinese majority originate mainly from the cities of Guangzhou and Taishan in the neighbouring Guangdong province.

Hong Kong, both as a developing knowledge city and as a bridge between China and the western world, possesses advantages that can be leveraged to consolidate our position as one of the knowledge economy leaders in the region. The advantages which Hong Kong possesses among others are a long established rule of law (including IP law dating back to 1873), a practical understanding of business from both a Chinese and a Western perspective, a strong entrepreneurial spirit, a well developed modern transport system and a state-of-the-art internet infrastructure. These attributes all encourage the interplay of people with ideas and foster innovation.
To support this position, Hong Kong has invested heavily in universities and the Hong Kong Science and Technology Park (HKSTP) and other HKSAR Government sponsored research centres. However this may not be enough to allow Hong Kong to reach the forefront of the knowledge age because these initiatives do not filter down to the day-to-day management level of the great majority of Hong Kong SMEs operating in Hong Kong and the Mainland.