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Nansha gets new economic development report

Updated: 2019-08-12

Guangzhou' s Nansha district recently held a conference on economic progress in the first half of 2019, delivering a report of stable results with a generally positive momentum.

The district' s GDP jumped to 75.31 billion yuan ($10.6 billion), a 9.4 percent increase year on year, with a growth rate ranking first in the whole city.

The district had bright spots in terms of economic structure, driving force, and internal and external demands.

Infrastructure investment achieved 8.75 billion yuan. Meanwhile, infrastructure projects completed 41 percent of their goals for the year.

Major projects like Subway Line 18, Nansha Port Railway and the fourth phase of Nansha Port moved forward in an intensive period of investment.

Container throughput grew steadily, with the volume of commercial vehicles rising to 552,000, a 17.16 percent year-on-year growth.

Cross-border e-commerce and bonded logistics volume also maintained a robust increase.

The second half of 2019 will be the most critical stage when local major strategies come into effect, making up any shortfalls and leading to a qualitative leap, according to Cai Chaolin, Party Secretary of CPC Nansha district Committee.

Nansha intends to highlight enhancement of services for enterprises and talents and supervision of major projects'  progress in the second half of the year, said Dong Ke, mayor of Nansha.

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