Yunpu Street powers Huangpu's industrial growth, innovation

Yunpu Street, located in the heart of Guangzhou Science City within Huangpu district, covers an area of approximately 46 square kilometers and is home to over 15,000 diverse businesses. Its industrial output accounts for one-fifth of Huangpu's total, showcasing significant vitality and potential in driving the district's industrial and economic growth.

In 2023, enterprises in Yunpu Street achieved an industrial output of around 1.98 trillion yuan ($314.29 billion), constituting 23 percent of Huangpu's total and marking a growth rate of 5.8 percent. The area also saw substantial growth in commerce and fixed asset investment sectors.

Yunpu Street has developed eight major industrial chains, including high-end equipment, new display technology, and advanced materials. The area is notable for hosting 11 Fortune Global 500 and 38 listed companies.

The street has demonstrated achievements in specialized, elaborative, characteristic, and emerging enterprises and high-tech enterprises, including 34 national-level "little giant" companies, 311 provincial-level specialized, elaborative, characteristic, and emerging enterprises, and 528 high-tech enterprises.

Looking ahead to 2024, Yunpu Street plans to further enhance its industrial chains, especially in emerging industries like intelligent connected new energy vehicles and biomedicine, to attract more high-quality projects.

The development strategy and achievements of Yunpu Street highlight Huangpu's potential and strength as an international industrial and economic hub, pointing to further possibilities for economic growth in the future.

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