In the first quarter of the first year of the 15th Five Year Plan, Guangzhou's economy achieved its highest single quarter growth rate in 11 quarters. At the press conference held on the morning of April 23, Guangzhou announced that its regional gross domestic product (GDP) for the first quarter reached 798.888 billion yuan, a year-on-year increase of 6% at constant prices, and a growth rate 2 percentage points higher than the whole year of last year, demonstrating the accelerated economic recovery and strong starting momentum of this mega city. What are the main supports and driving forces behind the accelerated improvement of Guangzhou's economic operation? Emerging industries are growing rapidly, "said Ye Shanhu, director of the Guangzhou Bureau of Statistics. In the first quarter, the city's economy rebounded and started strongly. Among them, the added value of the primary industry increased by 4.2% year-on-year, the added value of the secondary industry increased by 5.8% year-on-year, and the added value of the tertiary industry increased by 6.1% year-on-year. On January 22nd of this year, the fourth phase project of Yuexin Semiconductor was launched in Guangzhou. The total investment of the project is about 25.2 billion yuan, and it is planned to construct a 12 inch digital analog hybrid characteristic process production line with a monthly production capacity of 40000 pieces. It is reported that the Phase IV project of Yuexin will precisely connect with the urgent demand for characteristic processes in the explosive growth of cutting-edge fields such as AI, industrial electronics, and automotive electronics. This project is not only an expansion of production capacity, but also a key measure for us to transform into a composite technology platform with simulation as the core, digital upgrading as the butterfly transformation, and optoelectronic integration as the characteristic. ”Chen Jin, Chairman of Yuexin Semiconductor Technology Co., Ltd., said. Data shows that in the first quarter, 851 key projects in Guangzhou completed an investment of 116.2 billion yuan, which is 30.6% of the annual planned investment. Driven by key projects, the city's fixed assets investment reached 2010 billion yuan, an increase of 9.8%, breaking through the 200 billion yuan mark for the first time in the first quarter, with the total amount hitting a record high in the same period and the growth rate hitting a new high in 33 months. Zhang Jianhua, Director of Guangzhou Municipal Bureau of Industry and Information Technology, said that industry was the "ballast stone" of the national economy. In the first quarter, Guangzhou's industrial and information economy had several highlights: first, the trend was more stable. The city's industrial added value increased 6.5% year on year, the highest growth rate in a single quarter since 2023. Secondly, the development momentum continues to strengthen, with the added value of high-tech manufacturing industry in the city increasing by 11.5% year-on-year, and the development of emerging industries is commendable. Thirdly, enterprise confidence has become increasingly abundant, with industrial investment in the city increasing by 8.5% year-on-year, including investment in high-tech manufacturing growing by 25.5%. Business entities are using "real money" to cast a "vote of confidence" in Guangzhou. Since the 14th Five Year Plan, Huadu District has made every effort to accelerate the transformation of the automotive industry towards electrification, intelligence, and networking, and has achieved significant results. On the basis of continuing the good trend of stabilization and recovery last year, the added value of the automobile manufacturing industry in the first quarter increased by 25.6% year-on-year. Among them, Dongfeng Nissan's "four car simultaneous development" drove the high-speed growth of the automotive industry from January to March. In the first quarter, the added value of advanced manufacturing and high-tech manufacturing in Huadu achieved double-digit growth, reaching 21.5% and 12.5% respectively, demonstrating that the transformation of old and new driving forces has begun to take effect, and the development momentum driven by innovation is growing day by day. ”Huadu District Party Secretary Xing Xiang said. Shunke Zhilian Company, which has been rooted in Zengcheng District since 2009, is a national high-tech enterprise specializing in the manufacturing of electrical connection system products. Its products are widely used in fields such as new energy vehicles, artificial intelligence, and data centers. Chairman Zeng Zhijian stated that the company is driven by technological innovation, vigorously exploring new products, increasing sales to existing major customers, effectively allocating resources, continuously optimizing management systems, improving overall operational efficiency, and achieving effective growth in benefits. The emerging industries that Guangzhou has been focusing on cultivating in recent years have shown good growth in the first quarter. Among them, the pharmaceutical manufacturing industry grew by 17.5%, the integrated circuit manufacturing industry grew by 1.1 times, and the production of civilian drones increased by 18.5%. "AI+" is no longer just a concept. The revenue of Internet software and science and technology service industries increased by 12.9% and 27.3% respectively. AI technology is accelerating its integration with R&D, design, production and manufacturing, and promoting new business types and models. The display screen can be repeatedly folded, freely extended, and as thin as paper... The Guangzhou Guoxian (Weixinnuo) product exhibition hall displays various flexible display screens. At present, Guangzhou Guoxian (Weixinnuo) has supplied in bulk to multiple first tier brand customers at home and abroad, and its products are widely used in consumer electronics, finance, healthcare, automotive, communication and other fields. General Manager Zhang Xiangwei of the company stated that Weixinnuo will continue to anchor the local industrial development direction, promote the deep integration of manufacturing and service industries, and assist in the high-quality development of the industry. The thousand year old commercial city of Shamian Island in Guangzhou is bustling with spring, with a blend of European style and Lingnan charm. A pop-up Watsons store inspired by a pharmacy from a hundred years ago has made its debut - with a space of over 100 square meters, historical exhibitions and product sales complement each other, reminiscent of two centuries ago, attracting many tourists to come and take photos. This was originally the British French Concession, with 49 national key cultural relics protection buildings. Guangzhou Anju Group is unifying, planning, repairing, and revitalizing Shamian Island, accelerating its transformation into a dual center for international consumption and cultural exchange. In addition to Watsons, we are inviting well-known companies with historical ties to Shamian to return and discuss development, creating historical themed exhibition halls and top-level brand project carriers, and realizing the reproduction of world resources and cultural values. ”Chen Zhiyong, Chairman of Guangzhou Anju Group, said. The recovery trend of Guangzhou's real estate market is also continuing. In the first quarter, the sales area of commercial housing in the city increased by 6.6% year-on-year, breaking out of the "little spring" market trend. The transformation of four key areas and new models of urban villages, including Luochongwei, has been steadily progressing. In the first quarter, the city's urban renewal sector completed fixed assets investment of 56.9 billion yuan, an increase of 42% year on year. The high-quality promotion of urban renewal and the recovery of the real estate market have played a key role in stabilizing expectations, expanding investment, and promoting consumption, providing solid support for Guangzhou's economy to achieve a good start. ”Cai Sheng, Director of Guangzhou Housing and Urban Rural Development Bureau, said. Consumption is the fundamental driving force of economic growth. In Tianhe District, the "ticket economy" has become popular, with 17 concerts, popular sports events such as Guangdong BA, and 186 businesses closely linked to create a consumer alliance. The customer flow of cooperative merchants has directly increased by more than 30%. The huge flow of people brought by cultural and sports activities has quickly been transformed into real consumer flow, driving the revenue growth of the accommodation and catering industry by 7.2%, forming a one-stop consumption loop for watching performances, shopping in commercial districts, tasting food, and staying in hotels... "In the first quarter, Tianhe turned popularity into wealth, increased traffic, completely ignited the consumer market, and the city's fireworks and economic vitality rushed forward in both directions. ”Tianhe District Party Secretary Tan Minghe said. Data shows that the total retail sales of consumer goods in Guangzhou in the first quarter amounted to 309.217 billion yuan, a year-on-year increase of 6.6%. The growth trend of commodity consumption and service consumption is good, and the consumption potential continues to be released. Among them, the consumption of basic necessities is stable, and the growth of grain, oil and food is 8.7%; The performance of bulk consumption is outstanding, with automobiles growing by 31.9% and household appliances growing by 36.6%. Behind the hot consumption is the popularity driven by the continuous flow of people. On the day before the New Year holiday, the total passenger volume of Guangzhou's subway network reached 14.093 million, breaking the national record for daily subway passenger flow; During the Spring Festival travel rush, Guangzhou South Station had the highest passenger flow in the country, and Baiyun Airport became the first airport in the country to exceed 5 million passengers during the Spring Festival travel rush, successively rewriting the historical peak of daily passenger throughput. Data shows that in the first quarter, Guangzhou completed 86.8636 million passenger trips, a year-on-year increase of 8%, with a growth rate 6.2 percentage points higher than the whole year of last year. Among them, railway passenger volume increased by 12.5%; The passenger throughput of Baiyun Airport was 22.5389 million, an increase of 12.4%, and the passenger throughput of international routes increased by 23.3%. The transportation of both passengers and goods is thriving, and the vitality of people and logistics is released. Not long ago, about 50 tons of fresh Thai durian were successfully cleared through customs after inspection and sent from Nansha Port in Guangzhou to major fruit wholesale markets. This batch of durians was transported by cargo ship from Linchaban Port in Thailand, and took 4 days to directly sail to Nansha Port, the largest durian import port in China. It is the first batch of imported fresh durians by sea directly to Nansha Port in Guangzhou this year. Arriving at the market one minute earlier can add a bit more freshness. The fastest delivery time for this batch of durians from unloading to entering the Jiangnan fruit wholesale market is about 2 hours, and it can be delivered within 24 hours in major cities across the country, maximizing the freshness of the taste. ”Liu Juan, the South China Customs Director of Ouheng Company responsible for durian import business, said, "This year, durians from Thailand and Vietnam have both experienced high yields, and our sea freight import volume will increase significantly." The future is promising, with unlimited potential, and the fireworks atmosphere in Yangcheng continues to rise. Guangzhou is expanding its integration of business, travel, culture, sports, and health, showcasing its unique vitality and open mindedness as an international consumption center city to the world, injecting strong momentum into the high-quality development of the city, "said Wei Min, Director of the Guangzhou Municipal Bureau of Commerce. On January 7th of this year, the executive meeting of the Guangzhou Municipal Government approved the "Guangzhou Municipal Science and Technology Achievement Transformation 'Subsidy, Reform, and Investment' Pilot Work Measures (Trial)". Xie Ming, Director of Guangzhou Science and Technology Bureau, introduced that one of the highlights is the "first investment, then stock" model for technology transfer projects, which means that financial technology funds are initially invested in enterprises in the form of technology plan projects. When the technology plan projects meet the agreed conversion conditions, the previously invested financial funds are converted into enterprise equity, mainly targeting early technology transfer projects incubated, cultivated or introduced by universities, research institutions, etc., and have not yet obtained equity financing. As one of the first universities in China to systematically pilot the "investment first, stock later" model at the university level, the Hong Kong University of Science and Technology (Guangzhou) has incubated more than 200 entrepreneurial projects for teachers and students, and jointly initiated a transformation fund matrix with the government and market capital, with a total scale of 2.1 billion yuan, providing important start-up funds and risk tolerance space for early hard technology projects, directly responding to the problem of "not daring to invest". Xiong Hui, Associate Vice President and Chair Professor of the Hong Kong University of Science and Technology (Guangzhou), stated that the innovative mechanism of "investing first and then investing" has significantly increased the activity of innovation and entrepreneurship on campus. Some graduating alumni are actively bringing their skills and resources back to school to participate in entrepreneurial projects, and the school is gradually forming a "tropical rainforest" of entrepreneurship where everyone pays attention to entrepreneurship, supports entrepreneurship in everything, and can start a business at all times. Currently, Guangzhou is making every effort to promote the reform of the business environment. This year, the Reform Office of the Guangzhou Municipal Party Committee issued the "Thirty Measures for Optimizing the Business Environment in Guangzhou (2026)", allowing various business entities to develop in Guangzhou with greater peace of mind and ease. The continuous activation of the "capillaries" of Guangzhou's economy has provided a continuous endogenous driving force for the growth rate of Guangzhou's economy. Guangzhou has an annual output value of over 100 billion yuan in cosmetics and is a leading city in China's beauty industry. By 2025, Guangzhou will maintain its position as the largest exporter of beauty and skincare products in China, with export products covering over 170 countries and regions. To help enterprises further accelerate order delivery and better develop overseas, this year the customs has launched nine measures to support the high-quality development of Guangzhou's "International Beauty Bay" import and export cosmetics industry, many of which are being implemented for the first time nationwide. These nine measures are a concrete manifestation of Guangzhou's industrial business environment in the cosmetics field, and also a vivid practice of small incisions and big changes. The series of measures have established a precise and efficient regulatory service system based on corporate credit, which accurately responds to the core concerns of the cosmetics industry in terms of customs clearance efficiency, cost optimization, and scientific supervision. It will bring tangible benefits to our company and many enterprises with overseas business, injecting strong policy impetus into the overall industry's upgrading and upgrading. ”Guangzhou Shifei Biotechnology Co., Ltd