The global economy has undergone significant changes in recent years. One of the key features of the changes is the growing importance of knowledge in all sectors of economic activities. Knowledge, as embodied in human capital and in technology, is now seen as a vital source of long-term economic growth. The degree of incorporation of information and knowledge into economic activities has now become so great that it is inducing profound structural and qualitative changes in the way an economy operates.
By presenting some relevant statistical indicators which capture the essence of a knowledge-based economy (KBE), this article aims at portraying the development of Hong Kong towards a KBE in the past decade from different perspectives.