China's economy takes off running in 2023

Guangdong province 

A high-profile provincial conference on high-quality development was held in Guangzhou on Jan 28, the first working day after the Spring Festival holiday.

High-quality development is an inevitable path Guangdong is on while heading toward modernization, Huang Kunming, Party secretary of Guangdong, said at the conference.

A series of major projects in Guangzhou, Shenzhen, Foshan and other cities also kicked off. In Shenzhen, a total of 266 new projects for 2023 were launched on Jan 29, with a total investment of 329.53 billion yuan.

To implement the spirit of high-quality development across the province, Guangdong entrepreneurs strive to be the front-runner in the field of high-quality development and are committed to transforming Guangdong's high-quality plan into a reality.

Guangdong's GDP was estimated at 12.8 trillion yuan in 2022, and the province has set a GDP growth target of more than 5 percent for 2023, according to provincial government data.