In a bid to boost high-quality development, Guangzhou's Tianhe district held a conference spotlighting bold targets and decisive actions across key sectors. Under the guidance of provincial and municipal initiatives, officials unveiled plans to energize two critical engines - modern finance and trade — that together account for over one-third of the district's GDP. These measures lay the foundation for the modernization strategy.

Tianhe vigorously promotes the launch and operation of a series of projects, including duty-free shops and the Finance City Plaza. [Photo/Nanfang News]

In the trade arena, Tianhe will focus on strengthening supply chains, consumer cycles, and overseas expansion. Authorities plan to build a robust ecosystem through a blend of government support, digital platforms, and industry clusters. With a commitment to stability, expansion, and investment attraction, businesses will have access to up to 30 million yuan ($4.1 million) in support for export ventures and trade operations. Simultaneously, projects such as duty-free shops and Finance City Plaza are set to invigorate local consumption, with ambitions to propel total product sales above 1.3 trillion yuan and boost retail growth beyond four percent.

On the financial front, the district aims to enhance technology, digital, and inclusive finance. Leveraging platforms like Guangzhou International Financial City, Tianhe seeks to achieve financial industry-added value exceeding 1,600 billion yuan and attract over 300 licensed institutions. Complementary initiatives, including a 20 million yuan annual funding pool and innovative digital yuan application zones, promise to expand cross-border finance trials and empower local industries, positioning Tianhe at the forefront of sustainable economic progress.