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【Newsletter】 Guangdong sets 2024 GDP growth target at around 5 pct

Data Explorer | Guangdong sets 2024 GDP growth target at around 5 pct

The second session of the 14th Guangdong Provincial People's Congress kicked off on January 23 in Guangzhou. According to the latest government work report delivered by Governor Wang Weizhong, the province has set an annual GDP growth target of about 5 percent for 2024. 

Here are the key takeaways from the report: 

Data Explorer | Aiming for 5% GDP growth in 2024, what can Guangdong bring to the global economy?

Guangdong has set a 5 percent GDP growth target for 2024, following the instructions from the central government of China that major economically developed provinces should play a leading role in making greater contributions to the steady growth of the national economy. This year, let's wait and see what contributions Guangdong will make to the global economy.

Data Explorer | Aiming for 5% GDP growth in 2024, what can Guangdong bring to the global economy?

Five city clusters to synergize with GBA development, boost manufacturing industry in Guangdong: Deputies

What is the significance of developing the city clusters? As ensuring the dominance of the manufacturing industry has been included in the work report of Guangdong government for two consecutive years, how will the development of five city clusters influence the manufacturing industry? And how will the five clusters or "megacities" synergize with the development of the Guangdong-Hong Kong-Macao Greater Bay Area?

We interviewed deputies from these five "megacities" and the manufacturing industry in Guangdong to get the answers.

Five city clusters to synergize with GBA development, boost manufacturing industry in Guangdong: Deputies

High-quality growth of all areas seen in Guangdong: Deputies

What do the deputies think of the Guangdong provincial government's work report? What motions or proposals have they prepared for the Congress? In the video, GDToday reporter interviews deputies from different cities and fields to get the answers.

High-quality growth of all areas seen in Guangdong: Deputies

Guangdong's development in eyes of foreign diplomats

As the key event in the province of Guangdong, the two sessions will not only review the economic and social development of Guangdong in 2023, but also set goals for the development of 2024.

Recently, a number of foreign diplomats shared their impressions and further cooperation with Guangdong with GDToday.

Guangdong

2024 to set stage for ongoing success and continuous growth: local expats

It's very common to make New Year's resolutions at the beginning of a calendar year, hoping to spark positive change. The Guangdong "two sessions", which includes the annual sessions of Guangdong Provincial People's Congress and Guangdong Provincial Committee of CPPCC, will be held from January 22 to January 25.

The Guangdong government will deliver a work report to outline plans for economic and social development in 2024. Recently, a number of local expats shared with GDToday about their resolutions and exciting plans in both life and work in 2024. Click on the video to find out more! 

2024 to set stage for ongoing success and continuous growth: local expats

Infographics | 2024 Guangdong Government Work Report

According to 2024 Guangdong Government Work Report delivered on January 23, the gross domestic product (GDP) of Guangdong province grew to 13.57 trillion RMB in 2023, making it the first province in China to surpass 13 trillion RMB GDP and maintaining its position as the top province in the country for 35 consecutive years. Let's take the infographics to know more about the report.

Infographics | 2024 Guangdong Government Work Report


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