Core Viewpoint - Guangdong's economy showed a steady recovery in the first half of 2025, with a GDP growth of 4.2%, indicating resilience amid external uncertainties and internal challenges [2][3]. Economic Performance - Guangdong's GDP reached 68,725.40 billion yuan, growing by 4.2% year-on-year, which is higher than the national average of 5.3% [2][3]. - The province's industrial output increased by 4.0%, with significant contributions from key sectors such as electronics, electrical machinery, and automotive manufacturing, all exceeding 7% growth [9][11]. - The retail sales of consumer goods rose by 3.5%, with notable growth in upgraded products like sports and entertainment goods, which saw increases of 36.0% and 11.4% respectively [18][20]. Key Indicators - The manufacturing sector remains robust, with advanced manufacturing and high-tech manufacturing output growing by 5.9% and 6.0% respectively, accounting for 55.4% and 33.0% of total industrial output [14][20]. - High-tech product outputs, including new energy vehicles and industrial robots, experienced significant growth, with increases of 14.7% and 34.0% respectively [14][20]. External Trade - Guangdong's foreign trade reached 4.55 trillion yuan, growing by 4%, contributing 28% to the national foreign trade growth [21][22]. - The province's export products are increasingly innovative, with companies adapting to external pressures by exploring new markets and enhancing product offerings [21][22]. Future Outlook - The government aims to strengthen domestic circulation, enhance new and old kinetic energy transitions, and promote investment in emerging industries such as artificial intelligence and robotics [24]. - The establishment of new foreign enterprises in Guangdong increased by 23.4%, reflecting global confidence in the province's economic stability [23][24].
经济第一大省:边际改善、动能焕新与韧性支撑
21世纪经济报道·2025-07-18 15:43