四大增长极经济与产业洞察报告(2025):粤港澳篇
GUOTAI HAITONG SECURITIES·2026-02-08 11:57

Group 1: Economic Structure and Growth - The Guangdong-Hong Kong-Macao Greater Bay Area (GBA) is expected to enhance its industrial structure with a focus on open policies, aiming for sustainable regional development[5] - From 2019 to 2024, the primary industry in Guangdong maintained a GDP contribution of over 4%, with a slight increase to 4.3% in 2024[6] - The secondary industry in Guangdong saw its GDP share remain above 30%, projected at 33.6% in 2024, despite a decline of 1.9 percentage points since 2019[6] - The tertiary industry in Hong Kong has shown significant growth, with the financial sector's GDP contribution rising from 17% in 2019 to 22.7% in 2024, an increase of 5.4 percentage points[16] Group 2: Strategic Industry Development - Guangdong's "14th Five-Year Plan" emphasizes the development of strategic emerging industries, including commercial aerospace and low-altitude economy, with quantum technology as a key growth area[23] - The new generation electronic information industry in Guangdong is projected to reach a revenue of CNY 5.34 trillion in 2024, growing by 13.4% year-on-year[36] - The renewable energy sector is identified as a core growth area, with plans to enhance clean energy applications and develop key technologies by 2025[44] - The GBA aims to foster a collaborative model for technology and industry development, integrating Hong Kong's research capabilities with Guangdong's manufacturing strengths[5]

四大增长极经济与产业洞察报告(2025):粤港澳篇 - Reportify