Guangzhou is speeding up its efforts to build itself into a "Renowned Software City in China". The output from the electronic products manufacturing industry in Guangzhou reached 278.9 billion yuan in 2015, with an increase of 20.6% year on year. Among the industry's output, the output from the Internet industry was 217 billion yuan, with an increase of 35.6% year on year, much higher than the increase in traditional industries.
The total income of software business of Guangzhou has reached 224.8 billion RMB in 2015, up 15.5% year on year. In the meantime, electronic products manufacturing gains boost on new display industry and new generation of telecommunication. Particularly, mobile internet business sees most vigorous development.
187 enterprises in Guangzhou saw their main business incoming exceeding 100 million yuan last year. Local enterprises like Vipshop.com and NetEase have become mega corporations with annual operating income hitting 10 billion yuan each.
By Nancy & Chan