On the morning of the 23rd, the economic data of Guangdong Province in November before the release of the Guangdong Provincial Bureau of statistics showed that the added value of industries above Designated Size, investment in fixed assets, total retail sales of social consumer goods and total foreign trade import and export increased by 10%, 7.3%, 11.4% and 17.4% respectively year-on-year. "In November, Guangdong's national economy withstood the increasingly complex and severe changes in the external environment and the increasing downward pressure, and continued to maintain a recovery trend. Although the economic growth index moved downward compared with the previous three quarters, it is still in a reasonable range." Wan Lu, deputy director of the Economic Research Institute of the Guangdong Academy of Social Sciences, said. Manufacturing is still the driving force of industrial economic growth From January to November, the added value of industries above Designated Size in Guangdong was 3.35 trillion yuan, a year-on-year increase of 10.0%, down 1 percentage point from the previous October, with an average growth of 5.2% in the two years, the same as that in the previous October. The manufacturing industry remains the driving force of Guangdong's industrial economic growth, with a year-on-year increase of 9.4% and an average growth of 4.8% in the two years. The added value of advanced manufacturing industry increased by 7.4% year-on-year, with an average growth of 4.9% in the two years. More importantly, Guangdong has shown a good momentum in emerging areas that reflect high-quality development. In terms of industry, in the first November, new energy equipment manufacturing, biopharmaceutical manufacturing and intelligent equipment manufacturing increased by 23.2%, 20.7% and 20.0% respectively year-on-year. In terms of products, the output of emerging products increased well. Among them, industrial robots increased by 60.1%, service robots increased by 49.5% and new energy vehicles increased by 158.8%. More promising is the industrial investment that predicts future output. Industrial investment continued the high growth trend since this year, with a year-on-year increase of 19.3%. The growth rate of investment in advanced manufacturing remained stable, with a year-on-year increase of 22.2%. Investment in high-tech manufacturing continued to grow, with a year-on-year increase of 24.2%; Among them, the investment in electronic and communication equipment manufacturing increased by 32.5%, and the investment in medical equipment and instrument manufacturing increased by 19.3%. Guangdong's active market economy is also reflected in investment. The vitality of private investment was further released. From January to November, the investment increased by 9.9% year-on-year, with an average increase of 5.5% in two years, accounting for 54.2% of the overall investment. From the perspective of total investment, from January to November, Guangdong's fixed asset investment increased by 7.3% year-on-year, with an average growth of 7.0% in two years, 2.1 and 3.1 percentage points higher than that of the whole country respectively. Wanlu believes that the whole investment structure shows the momentum of continuous optimization, which has laid a good foundation for high-quality development in the next stage. Private investment is still active, which shows that Guangdong entrepreneurs have good confidence in the future. Consumption increased by 11.4% year-on-year Foreign trade will welcome new opportunities such as RCEP From January to November, the total retail sales of social consumer goods in Guangdong reached 4.04 trillion yuan, a year-on-year increase of 11.4%, with an average increase of 1.7% in the two years. "From the data, in the 'Troika' of traditional economic growth, the pulling effect of import, export and investment is more obvious. Domestic consumption is still in the process of gradual recovery, which is more directly affected by the changes of the epidemic." Xie Laifeng, deputy director of Hong Kong, Macao and Regional Development Institute of China (Shenzhen) Institute of comprehensive development, said. Among them, the retail sales in the rural market continued to recover, with a year-on-year increase of 22.9% and an average increase of 6.3% in the two years. Retail sales in the urban market increased by 10% year-on-year, with an average growth of 1.1% in the two years. Retail sales increased by 10.5% year-on-year, with an average growth of 2.3% in the two years. Foreign trade continued to perform well. From January to November, Guangdong's total foreign trade import and export amounted to 7.47 trillion yuan, a year-on-year increase of 17.4% and an average increase of 7.8% in the two years. Among them, the export was 4.57 trillion yuan, a year-on-year increase of 17.4%, with an average growth of 8.2% in the two years; Imports reached 2.9 trillion yuan, a year-on-year increase of 17.4% and an average increase of 7% in the two years. Xie Laifeng believes that Guangdong should make full use of the policy dividends and market space released by the upcoming RCEP and take advantage of new opportunities such as the China EU investment agreement to continuously improve the quality of products and services to meet the market needs of developed countries, especially to explore the pilot of cross-border service trade in Hengqin and Qianhai cooperation zones, so as to promote the quality and quantity of cross-border service trade, And commodity trade. (Xinhua News Agency)