Home >> Introduction of industry and commerce of Guangzhou
  • I.  The rapid increase of comprehensive strength and the stronger ability of sustainable development.

  • In 2008, The GDP of Guangzhou hit RMB 821.6 billion Yuan, which is increasing 12.3%, The city¡¯s per 10 thousand GDP energy consumption is anticipated to decrease 10.7%, The economic strength of industry and commerce is leading in China. In recent years, the industry in Guangzhou has been developing in a breakthrough speed. Therefore, the consumption in the market is very active, which in turns has an obvious impact on the growth of the city¡¯s economy. In 2008 the Gross Industrial Output Value hit RMB 1263.9 billion Yuan, and the totals sales in wholesale and retail trade was RMB 1342.8 billion Yuan, the total retail sales of consumer goods is RMB 314 billion Yuan and it ranks the third among China cities in terms of scale, among them the per capita retail sales in food and beverage sector rank the top in China.

  • II. Boost the upgrading of economy growth structure and mode based on structure adjusting

  • 1. Guangzhou has been optimizing the industry structure, and speeding up the moderate heavy-oriented industry. In 2008, The proportion of light and heavy industry is 31.2:68.8, the contribution rate to the industry growth by the heavy industry is as high as 70%, The industrialization process has come to an era that pioneered by heavy industry.

  • 2. Guangzhou is making great efforts in developing the three pillar industry: automobile, petrochemistry and electronics. In 2008, the gross industrial output value contributed by the three pillar industry was RMB 450.9 billion Yuan, propel the gross industrial output value to raise 5%.

  • 3. Guangzhou has clung to her strategy of pursing industrialization by means of informatization, and made constant efforts in facilitating the developments of her new and high technology oriented industries and traditional industries. In 2008, the city¡¯s high and new technology product output value is RMB 398.1 billion Yuan, which accounts for 31.5% of the total industrial output value.

  • 4. Guangzhou has made bold efforts in implementing her ¡°Brand Driven Strategy¡±; accordingly, more and more of Guangzhou-made products have become renowned options. In 2008, the brand name product output value weight between 30% -35% of the whole city¡¯s. By the end of 2008, Guangzhou has fostered 35 China Top brands, 27 China Well-known trademarks, 285 Guangdong Top Brand and 285 Guangdong well-known trademarks.

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