CN
Economy
Economy
Guangzhou's gross domestic product (GDP) reached CNY 2,362.86 billion in 2019, with an increase of 6.8 percent year-on-year.
Important metropolis in the heart of China’s one of the largest industry areas – Pearl River Delta, regards as strategic hub in “Guangdong-Hong Kong-Macao Greater Bay Area”.
ADVANCED MANUFACTURING INDUSTRIES AND R&D CENTER
  • Important metropolis in the heart of China’s one of the largest industry areas – Pearl River Delta, headquarters Tencent, Huawei, GREE, Midea and many other renowned enterprises.
  • Three pillar industries form a powerful industrial base, namely automobiles, electronics and petrochemical industry as the engine of Guangzhou’s development.
  • Solid political, financial support and breathtaking potentiality contribute to the growth of IAB Industry (Information Technology, Artificial Intelligence & Biopharmaceutical ) and the NEM (New Energy& New Materials).
  • 10 innovation parks with a wide range of international companies like Foxconn, Microsoft, Cisco System etc.., ground solid base for 6 pillar clusters : new energy automobiles, intelligent equipment, new display technology, artificial intelligence, bio-medicine and internet.
  • Home to 18 national engineering research centers, 25 state-level enterprise technology centers, 19 national key laboratories, as well as 6 national and provincial university science parks.
HIGH-END FINANCE AND SERVICE SECTOR CENTER
  • One of the Top 25 Global Financial Centers in the world, Guangzhou ranks 4th in China and 1st in the southern area.
  • Focus on the development of high-end services: e-commerce, modern logistics, accounting, advertisement, convention and exhibition service, tourism, transport facilities and services.
MAJOR CLUSTER
INDUSTRY INTRODUCTION
  • Avionic
  • Shipping
  • E-commerce
  • Artificial Intelligence
  • Automobile
  • Petrochemical
  • Financial Service
  • Logistics and transportation
  • Information & Communication Technology
  • Biomedicine and Pharmaceuticals
  • Renewable Energies &Environmental Protection
- Southern China’s largest airline hub.
- Settling the world’s biggest P2F Conversion project.
- A new aeronautic engineering center with investment of ¥ 4 billion.
KEY PLAYERS: China Southern Airline, Guangzhou Giant Aviation Capital, etc.
KEY EVENTS: Air Show China, World Routes 2018
- Southern China’s biggest integrated ports hub rely on Pearl River and Pacific.
- Focus on shipping and ocean industries, especially shipbuilding in new energy electric ship, semi-submersible vessels, etc.
KEY PLAYERS:Guangzhou Shipyard International, CSSC Guangzhou, CSSC Huangpu Wenchong Shipbuilding, Guangzhou Shipyard International Company, etc.
KEY EVENTS:INMEX China
- The e-commerce industry of Guangdong Province is one of the most important engines for this sector in China.
- The biggest scale of cross-border e-commerce in China.
- The main source of the goods for almost all the e-commerce platforms in China.
KEY PLAYERS:VIP.com, Institute of E-commerce of Guangzhou University, etc.
KEY EVENTS:International E-business Expo (IEBE)
- One of the China’s top 5 artificial intelligence industry centers.
- Housing more than 300 related companies and start-ups in Guangzhou.
- Focus on intelligent equipment, intelligent robot, new energy intelligent automobiles, drones, etc.
KEY PLAYERS:Microsoft, IDG, Aisainfo, iFLYTEK, and the top 4 industrial robotics companies (ABB, FANUC, KUKA, and Yaskawa) , etc.
KEY EVENTS:AI&I Guangzhou International Summit
- One of the major manufacturing bases in China.
- One of the first cities in the world operating an almost entirely electric public bus fleet.
- In 2018, 3.3 million cars have produced and 3.2 million cars have sold, with 12.61% growth 6.94% growth respectively.
KEY PLAYERS:Toyota, Nissan, Honda, GQC Group, BYD, Fiat, Jeep, Mitsubishi Motors, Trumpchi(the No.1 domestic car brand) , etc.
KEY EVENTS:The China (Guangzhou) International Car Networking Conference, China Automobile Electronics Conference
- One of the 3 traditional industries in Guangzhou with a total output value of ¥270 billion, and with the scale of Top 30 of the world.
KEY PLAYERS:Sinopec Guangdong, Guangdong University of Petrochemical Technology, etc.
KEY EVENTS:China Petrochemical Eco development Forum
- Ranked as one of the Top 25 Global Financial Centers in the world in 2019 by Z/Yen group.
- ¥ 25.8 trillion of value in the Guangdong financial sector, representing 10% of the total amount of China.
- Ranked No.1 in China in social financing sector with ¥ 2.21 trillion, representing 11.4%.
KEY PLAYERS:Ping An Insurance, China Merchants Bank, SGSG Science & Technology, Guosen Securities, Guangdong-Nottingham Advanced Finance Institute, etc.
KEY EVENTS:Fortune Global Forum, Fortune Global Tech Forum, International Finance Forum (IFF)
-Guangzhou Port ranks in TOP 10 of the world
- The industry of logistics and transportation had an aggregate turnover of ¥18.5 trillion.
- 99 first-class logistic companies in Guangzhou.
KEY PLAYERS:HAVI Group, OOCL Logistics, DCH Chong Hong Holdings, SF Express, Guangdong Modern Logistics Institute, etc.
KEY EVENTS:Global Manufacturing Supply Chain Summit, World Ports Conference
- ¥ 289,2 billion of output of electronic information manufacturing, and ¥ 260 billion of software industry in 2016 in Guangzhou.
- Focus on Computing and Cloud Data, Internet, IC, new display technology (top 10 new display technology companies have ¥139,3 billion output in 2016).
KEY PLAYERS:Foxconn, Sisco, BAT (Baidu, Alibaba, Tencent), Huawei, ZTE,China Telecom, China Mobile Company, etc.
KEY EVENTS:CNBC Technology Innovation
- Pioneer in bio-medical industry in China.
- More than 600 enterprises and ¥ 70 billion output in 2017 in Guangzhou Development District.
KEY PLAYERS:GE Biotech, BeiGene, Thermo Fisher Precision Medicine Center, Cold Spring Harbor Laboratory, Guangzhou Pharmaceutical Holding Company, Baiyunshan, etc.
KEY EVENTS:Canton Nucleic Acids Forum, International (Guangzhou) Stem Cell and Precision Medicine Industrialization Conference
- One of the major clusters in Guangzhou, especially in Huangpu District and Guangzhou Develop District housing more than 82 energy companies/institutions with total value of ¥ 26 billion.
- Focus on new energy industry in energy production and supply, energy equipment production, energy service, and new energy automobile.
KEY PLAYERS:Dongfang Electric Corporation (the China’s largest power equipment maker and one of national power station engineering contractors), Guangdong Electric Power Design Institute, etc.
KEY EVENTS:Guangzhou International New Energy Automobiles Industry Expo
INDUSTRY INTRODUCTION
Avionic
- Southern China’s largest airline hub.
- Settling the world’s biggest P2F Conversion project.
- A new aeronautic engineering center with investment of ¥ 4 billion.
KEY PLAYERS: China Southern Airline, Guangzhou Giant Aviation Capital, etc.
KEY EVENTS: Air Show China, World Routes 2018
Shipping
- Southern China’s biggest integrated ports hub rely on Pearl River and Pacific.
- Focus on shipping and ocean industries, especially shipbuilding in new energy electric ship, semi-submersible vessels, etc.
KEY PLAYERS:Guangzhou Shipyard International, CSSC Guangzhou, CSSC Huangpu Wenchong Shipbuilding, Guangzhou Shipyard International Company, etc.
KEY EVENTS:INMEX China
E-commerce
- The e-commerce industry of Guangdong Province is one of the most important engines for this sector in China.
- The biggest scale of cross-border e-commerce in China.
- The main source of the goods for almost all the e-commerce platforms in China.
KEY PLAYERS:VIP.com, Institute of E-commerce of Guangzhou University, etc.
KEY EVENTS:International E-business Expo (IEBE)
Artificial Intelligence
- One of the China’s top 5 artificial intelligence industry centers.
- Housing more than 300 related companies and start-ups in Guangzhou.
- Focus on intelligent equipment, intelligent robot, new energy intelligent automobiles, drones, etc.
KEY PLAYERS:Microsoft, IDG, Aisainfo, iFLYTEK, and the top 4 industrial robotics companies (ABB, FANUC, KUKA, and Yaskawa) , etc.
KEY EVENTS:AI&I Guangzhou International Summit
Automobile
- One of the major manufacturing bases in China.
- One of the first cities in the world operating an almost entirely electric public bus fleet.
- In 2018, 3.3 million cars have produced and 3.2 million cars have sold, with 12.61% growth 6.94% growth respectively.
KEY PLAYERS:Toyota, Nissan, Honda, GQC Group, BYD, Fiat, Jeep, Mitsubishi Motors, Trumpchi(the No.1 domestic car brand) , etc.
KEY EVENTS:The China (Guangzhou) International Car Networking Conference, China Automobile Electronics Conference
Petrochemical
- One of the 3 traditional industries in Guangzhou with a total output value of ¥270 billion, and with the scale of Top 30 of the world.
KEY PLAYERS:Sinopec Guangdong, Guangdong University of Petrochemical Technology, etc.
KEY EVENTS:China Petrochemical Eco development Forum
Financial Service
- Ranked as one of the Top 25 Global Financial Centers in the world in 2019 by Z/Yen group.
- ¥ 25.8 trillion of value in the Guangdong financial sector, representing 10% of the total amount of China.
- Ranked No.1 in China in social financing sector with ¥ 2.21 trillion, representing 11.4%.
KEY PLAYERS:Ping An Insurance, China Merchants Bank, SGSG Science & Technology, Guosen Securities, Guangdong-Nottingham Advanced Finance Institute, etc.
KEY EVENTS:Fortune Global Forum, Fortune Global Tech Forum, International Finance Forum (IFF)
logistics and transportation
-Guangzhou Port ranks in TOP 10 of the world
- The industry of logistics and transportation had an aggregate turnover of ¥18.5 trillion.
- 99 first-class logistic companies in Guangzhou.
KEY PLAYERS:HAVI Group, OOCL Logistics, DCH Chong Hong Holdings, SF Express, Guangdong Modern Logistics Institute, etc.
KEY EVENTS:Global Manufacturing Supply Chain Summit,World Ports Conference
Information & Communication Technology
- ¥ 289,2 billion of output of electronic information manufacturing, and ¥ 260 billion of software industry in 2016 in Guangzhou.
- Focus on Computing and Cloud Data, Internet, IC, new display technology (top 10 new display technology companies have ¥139,3 billionoutput in 2016).
KEY PLAYERS:Foxconn, Sisco, BAT (Baidu, Alibaba, Tencent), Huawei, ZTE,China Telecom, China Mobile Company, etc.
KEY EVENTS:CNBC Technology Innovation
Biomedicine and Pharmaceuticals
- Pioneer in bio-medical industry in China.
- More than 600 enterprises and ¥ 70 billion output in 2017 in Guangzhou Development District.
KEY PLAYERS:GE Biotech, BeiGene, Thermo Fisher Precision Medicine Center, Cold Spring Harbor Laboratory, Guangzhou Pharmaceutical Holding Company, Baiyunshan, etc.
KEY EVENTS:Canton Nucleic Acids Forum, International (Guangzhou) Stem Cell and Precision Medicine Industrialization Conference
Renewable Energies &Environmental Protection
- One of the major clusters in Guangzhou, especially in Huangpu District and Guangzhou Develop District housing more than 82 energy companies/institutions with total value of ¥ 26 billion.
- Focus on new energy industry in energy production and supply, energy equipment production, energy service, and new energy automobile.
KEY PLAYERS:Dongfang Electric Corporation (the China’s largest power equipment maker and one of national power station engineering contractors), Guangdong Electric Power Design Institute, etc.
KEY EVENTS:Guangzhou International New Energy Automobiles Industry Expo