Nansha tops Guangzhou with 11.3% GDP growth in Q1

Guangzhou's Nansha district reported robust 11.3 percent year-on-year GDP growth in the first quarter of 2026, the fastest among all districts in the city.

According to unified municipal accounting results, Nansha's gross domestic product reached 57.08 billion yuan ($8.37 billion). The growth was driven by a booming service sector, which expanded 16.7 percent and made a significant contribution to the district's economic output. Total agricultural output value grew 4.6 percent, bolstered by a notable doubling of hog production.

The industrial sector also demonstrated strength, with value added by large-scale industries rising 7.9 percent. This growth was fueled by the rapid expansion of new energy vehicles, which saw production increase 3.3 times, along with steady growth in the electronics and pharmaceutical sectors. Fixed-asset investment grew 6.4 percent, with industrial investment leading the charge at 36.3 percent, indicating strong confidence in future development.

Nansha's port continued to show resilience amid global trade complexities. Both cargo and container throughput at the Nansha port area of Guangzhou Port recorded positive growth, with container volumes rising by 7.8 percent to reach 5.62 million TEUs. The consumer market also remained dynamic, as total retail sales of consumer goods increased 7 percent, driven by food and beverage revenue, as well as online sales.

The strong quarterly performance underscores Nansha's accelerating momentum in cultivating new quality productive forces and optimizing its industrial and investment structure.