Guangzhou's Nansha district logs steady progress

Nansha district of Guangzhou, Guangdong province, has made remarkable achievements in high-quality development over the past 12 months, a senior district official said.

Wei Min, executive deputy head of Nansha, said the district has attracted 299 new projects with a total investment of 688.2 billion yuan (about $100 billion) over the previous year, with more than 76 percent of the projects involving strategic emerging industries.

The overall plan for cooperation between Guangdong, Hong Kong and Macao through Nansha district was officially released by the State Council a year ago. It helped make Nansha the main battlefield and new engine for high-quality development in the southern metropolis, Wei said at a news conference in Guangzhou on Wednesday.

Nansha reached a gross domestic product of more than 225.26 billion yuan last year, up year-on-year by 4.2 percent, Wei said — the most in Guangzhou. Nansha's fixed asset investment hit more than 120 billion yuan, he added.

"Meanwhile multiple indicators, including fixed assets investment, general public budgeting revenue, wholesale and retail have all achieved double-digit growth since the beginning of the year, constantly consolidating the high-quality development trend of the district," he said.

Located at the mouth of the Pearl River, Nansha now has a total of 154 international ocean liner routes, making it one of the major global ocean shipping centers in the world.

Nansha's container throughput reached 18.39 million TEUs in 2022, Wei said.