Hong Kong's competitiveness ranking falls within China

Hong Kong's competitiveness has fallen among fast-growing regional Chinese economic hubs, according to an annual ranking released Tuesday by a China-based think tank.

Hong Kong ranked fifth on the 2013 Chinese Province and City Competitiveness List, among 27 provinces and autonomous regions, four municipalities, Hong Kong, Macao and Taiwan.

Guangdong Province topped the list, followed by Jiangsu, Shandong and Zhejiang provinces, according to the China Institute of City Competitiveness.

Hong Kong ranked second on last year's list, which measures the criteria of economy, finance, commerce, technology and human resources.

The institute also ranked government credibility, livability and administrative efficiency in the 34 regions.