At the Central Economic Work Conference held at the end of 2023, it was proposed in the deployment of the 9 key tasks for doing a good job in economic work in 2024 that "economically developed provinces should truly shoulder the main responsibility and make greater contributions to stabilizing the national economy.". Recently, Xinhua News Agency reporters conducted in-depth research in Guangdong, the largest economic province in China. Although caught up in the cold wave heading south, the busy scenes everywhere showcase the vibrant vitality of the land of southern Guangdong. Riding the Wind - Blooming in the Deep Winter Cold Wind of the Complex Economic Cycle, Walking in Guangzhou, Yangcheng, the fiery red triangle plum blossoms can be seen everywhere. Just like in the turbulent international environment and complex economic cycles, Guangdong's economy still surges with warmth. Nansha, Guangzhou, China Shipbuilding Longxue Shipbuilding Base. Between the towering gantry cranes, giant ships under construction are poised to set sail. "The number of orders in 2023 has doubled, and new orders are scheduled for 2028," said Zhang Qinghuan, Deputy Secretary of the Guangzhou Shipbuilding International Party Committee. China has leapt to become the world's largest shipowner, and "Guangdong made" LNG dual fuel luxury passenger roll on/roll off ships, automobile transport ships, large container ships, etc. are widely welcomed in the international market. Guangdong has one of the three major shipbuilding bases in the country, and the booming shipbuilding industry is a vivid portrayal of Guangdong's economic recovery. On the national economic map, Guangdong's weight is self-evident -9616.163 billion yuan, which is the regional GDP achieved by Guangdong in the first three quarters of 2023, exceeding one tenth of the total national economy. In 2022, Guangdong's total economic output reached nearly 13 trillion yuan, ranking first in the country for 34 consecutive years. This scale can rank in the top ten even among economies around the world. As the largest province in the economy, Guangdong has a large development base and every growth point is hard won. The growth rate of 4.5% in the first three quarters of 2023 has nearly doubled compared to the growth rate of 2.3% in the same period of 2022. Moreover, Guangdong has over 17 million business entities, accounting for one tenth of the country's total; The total amount of foreign trade accounts for about one-fifth of the country's total, and has been steadily ranked first in the country for 37 consecutive years; It is truly the first province in industry, finance, pension, and technological innovation in the country. The more at the forefront, the more direct the perception of risks and challenges - from a global perspective, in the context of global economic recession and weak trade and investment, Guangdong, as the forefront of opening up, has a high dependence on foreign trade of 64%, facing greater and more direct impacts than other provinces; From our own perspective, the growth of Guangdong's economy in terms of quantity has reached a plateau period, and breakthroughs in quality are still in the brewing stage. In addition, with a large population and tight resource constraints, the task of improving development balance and coordination is also heavy. It is even more difficult for the economy to continue to seize the opportunity and win the initiative. "On the one hand, it should be noted that the problems facing the Guangdong and Chinese economies are global and cyclical, and most economies are facing the problem of insufficient growth momentum."
Edit：Hu Sen Ming Responsible editor：Li Xi
Source：XinhuaNet
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