In 2019, global competitiveness rank for China was 74 rank. Between 2017 and 2019, global competitiveness rank of China grew substantially from 72 to 74 rank rising at an increasing annual rate that reached a maximum of 1.78% in 2019.
The description is composed by our digital data assistant.The Global Competitiveness Index 4.0 assesses the microeconomic and macroeconomic foundations of national competitiveness, which is defined as the set of institutions, policies, and factors that determine the level of productivity of a country.