Guangdong's exports reached a record high of more than 2.55 trillion RMB in the first half of the year, increasing by 3.6 percent year on year, data from Guangdong Sub-administration of the General Administration of Customs of the People's Republic of China (GACC) showed.
In the first half of 2023, Guangdong’s major economic indicators have witnessed a full recovery with sound growth momentum.
In 2023, 67 Guangdong public companies are listed in the Fortune China 500, accounting for 13.4 percent of the total, with a gross revenue exceeding 8 trillion RMB.
Guangdong's foreign trade development is still resilient and stable with small monthly fluctuations, as the first five months of 2023 have seen the province's exports increased by 4.8 percent to 2.13 trillion RMB, according to the latest data from Guangdong Sub-administration of GACC.
The 19th China (Shenzhen) International Cultural Industries Fair (ICIF), China's flagship cultural fair, wrapped up on June 11 in Guangdong's Shenzhen. More than 500 activities were held at the main venue, the Shenzhen World Convention and Exhibition Center, and 64 sub-venues across the city, recording over 4 million visits.
The Guangdong government released a guideline to develop its manufacturing sector on June 1, which is a major move after it vowed to start a trend of high-quality development earlier in January 2023.
Guangdong’s economy has maintained its recovery momentum, as shown by the January-to-April major indicators released by the Bureau of Statistics of Guangdong Province on May 25.
In the first quarter of 2023, Guangdong's GDP reached 3,017.823 billion RMB, up 4.0% year on year, according to the Statistics Bureau of Guangdong Province. The province's economy set off with a strong start in 2023, as evidenced by the recovery of key economic indicators.