Huangpu to increase GDP in 2023

This year, Huangpu district in Guangzhou aims to increase its GDP by more than 7 percent.

Huangpu has also set the goal to increase the added value of industries above the designated size by more than 7 percent and will strive to achieve a total industrial output value of more than 1 trillion yuan ($15 billion) this year.

Investment in fixed assets is set to reach 250 billion yuan, which will be an increase of about 25 percent. Industrial investment is also expected to exceed 65 billion yuan, an increase of 18.9 percent.

Huangpu district will continue to develop its manufacturing industry and will start construction on more than 180 projects throughout the year, while also beginning trial operations of more than 120 preparatory enterprises.

To strengthen its intelligent manufacturing capabilities, Huangpu will make every effort to build 10 leading enterprises, 50 key enterprises, and more than 100 backbone enterprises in key fields such as automobiles, new displays, integrated circuits, and biomedicine.

Regarding investment promotions, Huangpu plans to introduce the world's top 500 enterprises, China's top 500 enterprises, and the top 500 private enterprises to the district. Another goal is to sign more than 400 industrial project contracts and more than 10 new 10-billion-yuan level projects.

Guangzhou Science City.