Guangdong shows innovative strength: economic engine of the future!

Guangdong shows innovative strength: economic engine of the future!

Laimgrubengasse 10, 1060 Wien, Österreich - On March 6, 2025, the province of Guangdong held a significant plenary session during the third meeting of the 14th National Congress of People, which attracted 267 journalists from more than 107 media worldwide. On this occasion, leading politicians, including party secretary Huang Kunming and governor Wang Weizhong, answered questions from the reporters and presented the advanced measures to promote Chinese modernization. Huang Kunming emphasized that his province had a key role as a economic motor of China by building a modern and powerful industrial system in order to significantly increase productivity and act as a global production center. The successes last year illustrate this: The entire import and export scope reached 9 trillion yuan ($ 1.2 trillion), which underlines the positive influence of opening policy, as well as apa-OTS reported.

economic successes and trade strategies

At another press conference, Governor Wang Weizhong reported that Guangdong's esteem will reach the 14-brillion Yuan brand in 2024. This marks 36 years of continuing leadership in the national ranking. Guangdong recorded an increase in foreign trade of 9.8%, a clear sign of the resistance of the region. Exports to the USA and EU rose by 7.3% and 9.9%, while the export of new energy vehicles increased by breathtaking 39.8%, again proved to be a strong signal for the global market. According to newsgd.com this means that Guangdong is responsible for 38.7% of national trade growth and the region is becoming increasingly important as an innovation and trade center.

In addition, Wang explained that the 'Greater Bay Area' will continue to work strategically with Hong Kong and Macao to promote economic growth. The region, which is only 1% of China's land area, has a ninth of national GDP and has an impressive economic growth, supported by over 400 newly founded companies in recent years. The business integration and the Guangdong innovative strength not only serve the province, but also strengthen the entire Chinese economy.