According to data from the Guangdong Sub-Administration of GACC, private enterprises within the province accounted for 63.6% of the total trade volume in 2024. Private businesses reached an impressive 5.8 trillion RMB in imports and exports, marking a 15.2% year-on-year increase. This surge underscores the vital role of private enterprises in Guangdong's high-level opening up and the province's push for high-quality trade development. By the end of 2024, the number of private enterprises in the province reached 7.74 million, marking a year-on-year increase of 6.86%.
Guangdong's value added of the industrial enterprises above designated size increased by 4.3% year-on-year from January to November this year, according to the Guangdong Provincial Department of Industry and Information Technology.
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.
According to data from the Guangdong Sub-Administration of GACC, private enterprises within the province accounted for 63.6% of the total trade volume in 2024. Private businesses reached an impressive 5.8 trillion RMB in imports and exports, marking a 15.2% year-on-year increase. This surge underscores the vital role of private enterprises in Guangdong's high-level opening up and the province's push for high-quality trade development. By the end of 2024, the number of private enterprises in the province reached 7.74 million, marking a year-on-year increase of 6.86%.
In 2024, a year marked by rising protectionism and "decoupling" attempts in the world economic arena, the Chinese economy has experienced a resilient growth trajectory in the year, with a strong start followed by increasing downward pressure around mid-year and a subsequent upswing in the final quarter.
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.