The Guangzhou government held a press conference on June 14, to introduce Nansha's achievements after implementing the Nansha Plan. The plan was issued in June 2022, and is an overall blueprint for the district to deepen comprehensive cooperation among Guangdong, Hong Kong, and Macao.

As highlighted in the press conference, the annual targets for the first year of implementing the plan have been completed.

In 2022, the economic and social development of Nansha district reached a new peak, achieving a GDP of around 225 billion yuan ($31 billion), with a year-on-year increase of 4.2 percent, which ranked first in Guangzhou.

The district's fixed assets investment exceeded 120 billion yuan for the first time, and its industrial output value exceeded 380 billion yuan.

Over the past year, there have been 299 newly signed projects with a total investment of 688 billion yuan, and the proportion of strategic emerging industries has reached 76 percent, with an increase of 14 percent.

Since this year, the district's multiple indicators, such as the values of its general public budgeting revenue, wholesale industry, and retail industry, have achieved double-digit growth, which give impetus to the city's high-quality development.

In addition, Nansha has made achievements in developing its shipping and logistics hub, real economy, talent cultivation, import and export sectors, technology, and finance and education industries.

The Guangzhou government holds a press conference on June 14. [Photo/WeChat account: nanshafabu]