Guangdong hosts industrial equipment upgrade and technological transformation promotion event in Dongguan

On August 28, Dongguan City in Guangdong Province hosted a significant event aimed at promoting industrial equipment upgrades and technological transformation. The event was organized by the Guangdong Provincial Department of Industry and Information Technology.

From January to July this year, investment in industrial technological transformation across Guangdong rose by 16.3 percent year-on-year, maintaining double-digit growth for 19 consecutive months. Notably, investment in industrial equipment upgrades surged by 25.6 percent, marking the fastest growth rate for this period in nearly a decade.

In Dongguan, the total investment in technological transformation reached 40.1 billion yuan in the first seven months of the year, reflecting a year-on-year increase of 23.6 percent. This positions Dongguan as the second-highest city in the province for total investment, consistently outpacing the provincial average growth rate.

The Guangdong government views industrial equipment upgrades and technological transformation as crucial for achieving its annual objectives, with the goal of stimulating economic growth, facilitating industrial modernization, and enhancing residents' quality of life. 

cnbayarea.org.cn & GDToday