Since the beginning of the summer travel rush, Guangzhou Baiyun Railway Station has recorded over 800,000 passenger trips, which is a significant record for this major transportation hub. Officially opened on December 26, 2023, it has quickly become a new landmark in the city.
The robust recovery of Guangdong's foreign trade has continued to strengthen since the beginning of 2024. Statistics from the Guangdong Sub-Administration of the GACC show that in the first half of the year, Guangdong's total foreign trade imports and exports reached 4.37 trillion RMB, marking a new high for the same period in history and surpassing last year's figure by 13.8%.
In the first quarter of 2024, the overall economy of Guangdong Province maintained stable growth, showing a good start, according to data released by the Guangdong Provincial Bureau of Statistics on April 24. During this period, Guangdong's GDP reached 3.151066 trillion RMB, an increase of 4.4 percent year-on-year. Specifically, the added value of the primary industry was 105.424 billion RMB, up by 3.7 percent. The added value of the secondary industry was 1,173.552 billion RMB, up by 6.1 percent. And the added value of the tertiary industry was 1,872.09 billion RMB, up by 3.5 percent.
Guangdong's foreign trade has gotten off to a good start from January to February this year, with an upbeat trend to follow in the first quarter of 2024.
On February 19, Guangzhou High-quality Development Conference was held, following the 2024 Guangdong Provincial High-quality Development Conference in Shenzhen on Feb. 18. Taking high-quality development as a primary task, the conference also aims to accelerate the development of a modern industrial system led by sci-tech innovation.
Guangdong held its provincial conference on high-quality development on February 18, focusing on sci-tech innovation to lead the development of a modern industrial system.
Guangdong Province has won the nation's best reputation for business environment award for the fourth year in a row, said Zhang Hu, executive vice-governor of the province, at a recent press conference of the State Council Information Office of the People's Republic of China.