Xiangzhou District, Zhuhai

Xiangzhou District, the economic engine of Zhuhai, recorded economic growth of 8.4 percent in the first quarter of 2017, reeling in 25.8 billion yuan ($3.7 billion yuan) in GDP, up 1.9 percent year-on-year.

Increases were registered across all economic indicators, including exports and imports, and foreign investment, up 49.3 and 35.1 percent respectively.

The government statistics showed that industrial development was the main driving force behind the economic growth. Industrial enterprises above the designated size contributed more than 9.5 billion yuan ($1.4 billion) in value-added, accounting for over 73 percent of GDP.

Xiangzhou has attracted 73 key enterprises to locate in the Zhuhai district. [Photo / Zhuhai Daily]

Thanks to its proximity to Hong Kong and Macao, it comes as no surprise that the two special administrative regions accounted for 97.1 percent of foreign investment coming into Xiangzhou.

Lithium batteries, mechanical equipment, and furniture fittings were the areas of the greatest investment.

Officials claimed the impressive figures are the result of favorable government policies and the district's many investment promotion activities.

Innovations in fields such as intelligent manufacturing have boosted Xiangzhou's economic development. [Photo / Zhuhai Daily]

In addition to facilitating key projects construction, the government will also focus on developing Zhuhai Titans Technology to become new high-tech enterprise, adding to Zhuhai's strong high-tech economic landscape.

Government officials said that it would continue to run extensive training programs and offer development opportunities to the city's small and medium-sized tech enterprises, so that they could grow to become industry heavyweights.

Particular areas of growth include biomedicine, industrial automation and intelligent manufacturing. 

Small and medium-sized tech enterprises are provided opportunities to learn about business expansion and management. [Photo / Zhuhai Daily]