The Huangmaohai Cross-Sea Passage opens on December 11, reducing the travel time between Zhuhai and Jiangmen from over 1 hour to around 30 minutes. Starting in Ping Sha Town, Zhuhai, and ending in Dou Shan Town, Taishan, Jiangmen, the 31-kilometer project includes a 14-kilometer sea-crossing section, built to 6-lane highway standards with a 100 km/h design speed.
On December 9th, a press conference on customs support services for Macao's better integration into the national development was held in Guangzhou, introducing measures and achievements of Guangdong customs in supporting the diversification of Macao's economy.
The 2024 Global Investment Conference for the Guangdong-Hong Kong-Macao Greater Bay Area will be held on November 8 in Guangzhou. Building on previous successes, this year's conference aims to strengthen global economic ties, with over 430 representatives from leading companies and foreign business associations taking part.
The average disposable income of residents in Guangdong for the first three quarters of 2024 reached 41,037 yuan, according to the data released by the Survey Office of the National Bureau of Statistics in Guangdong on October 19, reflecting a year-on-year growth of 4.4%. When adjusted for inflation, the real growth stood at 4.2%, indicating a positive economic trend despite slight rises in living costs.
Since the beginning of the summer travel rush, Guangzhou Baiyun Railway Station has recorded over 800,000 passenger trips, which is a significant record for this major transportation hub. Officially opened on December 26, 2023, it has quickly become a new landmark in the city.
The robust recovery of Guangdong's foreign trade has continued to strengthen since the beginning of 2024. Statistics from the Guangdong Sub-Administration of the GACC show that in the first half of the year, Guangdong's total foreign trade imports and exports reached 4.37 trillion RMB, marking a new high for the same period in history and surpassing last year's figure by 13.8%.
In the first quarter of 2024, the overall economy of Guangdong Province maintained stable growth, showing a good start, according to data released by the Guangdong Provincial Bureau of Statistics on April 24. During this period, Guangdong's GDP reached 3.151066 trillion RMB, an increase of 4.4 percent year-on-year. Specifically, the added value of the primary industry was 105.424 billion RMB, up by 3.7 percent. The added value of the secondary industry was 1,173.552 billion RMB, up by 6.1 percent. And the added value of the tertiary industry was 1,872.09 billion RMB, up by 3.5 percent.