Guangzhou Baiyun Industrial Park. [Photo/WeChat account: gz_baiyunfabu]

Guangzhou Baiyun Industrial Park, positioned in the heart of Baiyun district with a planned area of 1.59 square kilometers, is embarking on a new phase of development.

On July 3, 1993, the Baiyun government decided to establish the Guangzhou Individual Private Economy Experimental Zone in Datian, Zhujiang, and Nangang villages on the east side of the Foshan-Qingyuan Expressway in Jianggao town. To attract investors, the experimental zone provided a series of preferential policies, such as waiving land compensation fees, providing supporting services, and facilitating settlement.

Private enterprises and Taiwan-funded enterprises gathered here. In 2006, the park was designated as the Guangdong Economic and Technological Development Zone and named Guangzhou Baiyun Industrial Park.

To facilitate the park's high-quality development, it was integrated into the broader management of the Guangzhou Private Science and Technology Park in 2012. With the accelerated transformation and upgrading of industries, Baiyun Industrial Park has seen a consistent elevation in its industrial competitiveness, culminating in the establishment of a robust sectoral cluster mainly centered on smart homes, cosmetics, and electronic information. Currently, the park hosts over 3,000 enterprises, including 338 large-scale enterprises, boasting an operating income of 126.6 billion yuan ($17.47 billion) and a total industrial output value of 40.4 billion yuan in 2023.

In the future, the park is slated for expansion, encompassing a total area of 14.32 sq km. The expansion will prioritize the advancement of smart home technologies, beauty and health services, and rail transportation industries, aiming to build a modern industrial system and comprehensively create a demonstration area for the integration of modern industrial and urban development.