At a press conference on Oct 25, Guangzhou reported that the city's GDP increased 9.9 percent in the first three quarters this year.
Guangzhou has been ramping up efforts to optimize the business environment, in order to stimulate market vitality by better serving domestic and international enterprises, Economic Information Daily reported.
The 130th Canton Fair, being held from Friday to Tuesday, is expected to boost global trade at a time when the global economic recovery has been foundering.
Guangzhou, already China's top city in terms of cars manufactured, has become a focal point for the production of intelligent automobiles equipped with technologies such as 5G-based remote control, vehicle telematics and self-driving.
Boeing and Guangzhou Aircraft Maintenance Engineering Co., Ltd. (GAMECO) on Tuesday announced plans to create two new production lines for converted freighters in the southern Chinese city of Guangzhou.
With the modernization of agriculture, demand for advanced farming devices has grown significantly.
Embracing rising opportunities in terms of better manufacturing, funding and market atmosphere, China's small and medium-sized enterprises have emerged as an important engine driving the country's economic development.
Copyright © Foreign Affairs Office of Guangzhou Municipal Government,
Hong Kong and Macao Affairs Office of Guangzhou Municipal Government All rights reserved.
Presented by China Daily.
京ICP备13028878号-28