Time is running fast, and 2023 is coming to an end. This year, Guangdong has moved forward in a new direction. The economy has continued to rebound and improve, and high-quality development has been solidly advanced, leaving a series of sonorous marks. Leading GDP, active consump

Time is running fast, and 2023 is coming to an end. This year, Guangdong has moved forward in a new direction. The economy has continued to rebound and improve, and high-quality development has been solidly advanced, leaving a series of sonorous marks. Leading GDP, active consumption, vigorous foreign trade, strong investment... A series of macroeconomic data reflects the resilience, great potential and vitality of Guangdong's economy.

Nandu Big Data Research Institute's data video column "Confidence" uses 10 small economic data of Guangdong to describe the road to high-quality development, dedicated to 2023 that we will fight together, and give inspiration, faith, and light to the new year.

The total regional GDP

leads the country

9616.163 billion yuan. This is the gross regional product (gdp) achieved by Guangdong in the first three quarters of 2023, and the economic aggregate continues to rank first in the country. Specifically, the added value of Guangdong's primary industry was 382.031 billion yuan, an increase of 4.8%; the added value of the secondary industry was 3800.892 billion yuan, an increase of 4.0%; the added value of the tertiary industry was 5433.241 billion yuan, an increase of 4.8%. Compared with the national added value of the secondary industry of 35,365.9 billion yuan and the added value of the tertiary industry of 50,299.3 billion yuan during the same period, Guangdong’s contribution to the secondary and tertiary industries accounted for more than one-tenth.

As the largest economic province in the country, Guangdong has a large development base, and every growth point is hard-won. Against this background, Guangdong's GDP still achieved a year-on-year growth rate of 4.5% in the first three quarters, nearly doubling the 2.3% growth rate in the same period in 2022.

Yang Senping, director of the Institute of Finance and Taxation of Jinan University and professor/doctoral supervisor of the School of Economics, analyzed that in 2023, the steady growth of Guangdong's economy and the optimization and upgrading of its industrial structure have once again proved its core position as the national economic engine and demonstrated Strong development momentum and broad future potential.

Investment and development

Insist on taking the lead in manufacturing industry

Statistics show that in 2023, the scale of investment in new kinetic energy in Guangdong will continue to expand. From January to November, the province's high-tech manufacturing investment increased by 21.4%, far exceeding the national average (10.5%), demonstrating the positive changes in Guangdong's continuous optimization of economic structure and continuous improvement in development quality.

At the 21st Guangzhou International Auto Show to be held in November 2023, new energy vehicles firmly occupy the "c position". Almost one out of every four of these domestically produced new energy vehicles that steal the limelight is "Made in Guangdong": from January to September, Guangdong's cumulative output of new energy vehicles reached 1.7717 million units, accounting for 29.09% of the country's total output. . The latest statistics show that in the first 11 months of 2023, the output of new energy vehicles, integrated circuits, and optoelectronic devices in Guangdong increased by 85.3%, 21.8%, and 17.4% respectively.

Dong Xiaolin, a professor at Guangdong University of Foreign Studies and a part-time researcher at Guangdong Foreign Studies Institute of International Economics and Trade, believes that investment reflects development expectations at present and in the future. Investment in high-tech manufacturing increased by 21.4%, and multiple indicators achieved double-digit growth. It can be seen that the investment enthusiasm of the whole society is high. Dong Xiaolin expects that the substantial growth in industrial investment will drive subsequent increases in the added value of the entire industry and growth in the manufacturing industry, further increasing support for Guangdong's economy.

Financial empowerment

Escort industrial development

Whether it is enterprises increasing investment or building a strong manufacturing and science and technology province, it is inseparable from the water of financial "living water". Statistics show that in the first three quarters of 2023, the added value of Guangdong's financial industry was 949 billion yuan, accounting for about 10% of GDP; the province's new social financing scale totaled 2.9 trillion yuan, ranking first in the country in terms of increase; the number of domestic listed companies , the number of companies listed in Hong Kong ranks first in the country; insurance funds have invested a total of 2.34 trillion yuan in Guangdong. The weighted average interest rate of newly issued corporate loans within the jurisdiction is 3.47%, which is 38 basis points lower than the national average. Guangdong’s financing costs are significantly lower than the national average.

Liu Kaiwen, a second-level inspector of the Guangdong Provincial Local Financial Supervision Bureau, said that Guangdong has a developed financial industry and rich financial resources, which can provide high-quality, efficient, and world-class financial services to all types of economic entities. Liu Kaiwen also revealed that the number of foreign financial institutions in Guangdong has exceeded 300, and the number of operating institutions of Hong Kong and Macao banks in Guangdong ranks first in the country, which fully illustrates Guangdong's strong attraction to foreign financial institutions.

Yang Senping also pointed out that Guangdong's leading performance in the increase in social financing scale in 2023, coupled with low financing costs, not only demonstrates the maturity and efficiency of its financial market, but also contributes to the stable growth of the regional economy and enterprise development. Provided solid financial support.

Attracting foreign investment

Upgrading the "circle of friends"

Guangdong's economy has obvious export-oriented characteristics. Stabilizing foreign trade and foreign investment is one of the keys to promoting Guangdong's economic recovery. From January to October 2023, the actual amount of foreign capital used in Guangdong Province was 142.96 billion yuan, and 17,240 new foreign-invested enterprises were established, a year-on-year increase of 53.3%. During the same period, the actual amount of foreign capital used nationwide was 987.01 billion yuan, and 41,947 new foreign-invested enterprises were established. It is not difficult to see that the actual amount of foreign capital used in Guangdong accounts for nearly 15% of the national proportion, and more than 40% of new foreign-invested enterprises choose to settle in Guangdong.

"There are opportunities, projects, motivation and money to be made by investing in the Guangdong-Hong Kong-Macao Greater Bay Area." At the 2023 Guangdong-Hong Kong-Macao Greater Bay Area Global Investment Conference, Guangdong used such a "down-to-earth" expression to appeal to global investors. At this conference, a total of 859 investment and trade projects were concluded, with a total amount exceeding 2.24 trillion yuan.

Yang Senping said that Guangdong Province's remarkable achievements in the actual use of foreign investment in 2023 not only prove its important status as China's window to open up to the outside world, but also demonstrate the inclusiveness, innovation and international competitiveness of its economic system.

Mao Yanhua, dean of the Institute of Regional Openness and Cooperation at Sun Yat-sen University, said that looking at several major urban agglomerations across the country, a major feature of the Guangdong-Hong Kong-Macao Greater Bay Area is that it continues Guangdong’s export-oriented economic strength and strives to leverage its institutional advantages to better serve the my country has expanded high-level opening up to the outside world. "Next, we can accelerate the construction of an integrated market in the Guangdong-Hong Kong-Macao Greater Bay Area by increasing factor density, shortening flow distances, reducing market segmentation, and promoting mechanism linkage."

A major foreign trade province

Stable business formats while improving quality

Group charter flights from enterprises Going overseas to grab orders, leading delegations from various cities to carry out economic and trade inspections, and then linking up with global opportunities at the "China's No. 1 Exhibition" Canton Fair, Guangdong has used practical actions to promote the high-quality operation of the "five foreign linkages".

In the first 11 months of 2023, Guangdong’s total foreign trade import and export value was 7.52 trillion yuan, accounting for nearly 20% of the country, ranking first among provinces, autonomous regions and municipalities across the country. In terms of classification, in the first 11 months, Guangdong's general trade and bonded logistics import and export increased, and their proportion increased - the import and export volume was 4.32 trillion yuan and 1.32 trillion yuan respectively, an increase of 4.4% and 8.1%, accounting for Guangdong's total import and export. The proportion of value increased by 2.6 percentage points and 1.4 percentage points to 57.4% and 17.5%. The import and export of processing trade was 1.77 trillion yuan, accounting for 23.6%.

On the basis of striving to stabilize its scale, Guangdong Foreign Trade is making every effort to innovate its business methods and optimize its structure. From January to November, the export performance of the "three new items" electric passenger vehicles, lithium batteries, and solar cells was particularly impressive, with increases of 3.1 times, 18.1%, and 27.5% respectively. Chen Wanling, director of the International Economic and Trade Research Center of Guangdong University of Foreign Studies, believes that since this year, Guangdong’s “three new items” exports have continued a strong growth trend. In the future, Guangdong still has a lot of room for growth in emerging industries such as new energy, and can also provide opportunities for foreign trade. Exports provide continued impetus.

Consumption is active

Domestic demand potential has been released

with smoke and smoke, "igniting" consumption potential. Statistics show that from January to November 2023, the total retail sales of consumer goods in Guangdong was 4.34 trillion yuan, a year-on-year increase of 5.6%. Compared with the total zero social consumption nationwide of 42.79 trillion yuan in the same period, it accounted for more than 10%. Among the top 20 most dynamic cities in the country in the 2023 "Forbes China·Consumption Dynamic Cities List", Guangdong, Shenzhen, Foshan and Dongguan are on the list, and Guangdong ranks first among all provinces in the country in terms of the number of cities on the list.

Since 2023, Guangdong has launched a series of "combination punches" to promote consumption and introduced several measures to further boost and expand consumption, boost consumer confidence and release the potential of domestic demand. In Dong Xiaolin's view, Guangdong's total social consumption accounted for more than one-tenth of the national data for the same period. This shows that Guangdong's consumption power has maintained its outstanding contribution to the national economy.

Cultural prosperity

Sound industrial system

As the economy continues to recover, the supply and demand potential of the cultural market is also accelerating to be released.In the first three quarters of 2023, the operating income of cultural industry enterprises above designated size in Guangdong was 1,634.99 billion yuan, accounting for nearly 20% of the national proportion. On a comparable basis, it increased by 5.7% over the same period last year. Among them, 16 sub-categories with obvious new cultural business formats such as digital publishing and Internet game services achieved operating income of 579.80 billion yuan, an increase of 10.3%, which was 4.6 percentage points faster than all cultural enterprises above designated size.

Today, Guangdong is striving to create a leading place for digital culture, a new highland for cultural creativity, and a demonstration site for the integration of culture and tourism. In order to promote the industry to move towards the high end of the global value chain, the "Guangdong Province Action Plan to Cultivate Digital Creative Strategic Emerging Industry Clusters (2021-2025)" proposes that by 2025, the operating income of the digital creative industry will exceed 600 billion yuan, of which 2700 will be in the game industry. billion, the animation industry is 75 billion yuan, the number of valid invention patents for key digital creative technologies has exceeded 20,000, more than 10 new listed game companies have been added, and 1-2 top international e-sports events have been cultivated or introduced, among other goals.

Zheng Huanzhao, dean of the Cultural Industry Research Institute of Jinan University, pointed out that in line with Guangdong's transformation from a "manufacturing" province to a "smart manufacturing" province, the cultural industry has also shown a trend of increasing integration with science and technology, and emerging cultural and technological industries continue to With the emergence of digital content industry, the proportion of digital content industry has gradually increased.

Tourism recovery

Integration of multiple business formats

In the first three quarters of 2023, Guangdong received 504 million tourists, an increase of 43.6% over the same period last year, and total tourism revenue was 692.26 billion yuan, an increase of 1.1 times year-on-year, close to the historical high in 2019 . It is worth mentioning that during this year’s May Day, Dragon Boat Festival, summer vacation and Mid-Autumn Festival and National Day, the number of tourists and tourism revenue achieved by the province have reached the level of 2019, and the province ranks first in the country in the number of outbound trips and tourists received.

Huang Xizhong, a second-level inspector of the Guangdong Provincial Department of Culture and Tourism, said that since 2023, Guangdong has vigorously implemented a package of measures such as the "Seven Ones" initiative for cultural tourism to promote consumption and held cultural and tourism consumption season activities. The province's cultural and tourism economy has shown a "supply and demand" "Two prosperous and accelerated recovery" is a good development trend. He also pointed out that at present, Guangdong is actively seizing the opportunity of accelerating the recovery of domestic and global cultural tourism, promoting the in-depth integrated development of cultural tourism, promoting the upgrading of the cultural tourism industry, stimulating innovation and creativity in the cultural tourism market, and striving to build a higher level of cultural strength. Province and a demonstration province for high-quality tourism development.

Agriculture, Forestry, Animal Husbandry and Fishing

Laying a solid foundation for agriculture, rural areas and farmers

With the in-depth implementation of the rural revitalization strategy and the "Hundreds and Thousands of Projects", Guangdong's modern agricultural industry system is also accelerating the construction. In the first three quarters of 2023, the total output value of agriculture, forestry, animal husbandry and fishery in Guangdong Province was 0.64 trillion yuan, a year-on-year increase of 5.0%, and the growth rate was 0.2 percentage points higher than the first half of the year.

Since 2023, Guangdong has paid close attention to grain production and promoted the construction of high-standard farmland; the supply of "vegetable basket" products has been sufficient, and intensive processing of agricultural products has been implemented; forestry and fishery output has grown rapidly, and the construction of marine pastures has started steadily. According to Wan Zhong, a second-level researcher at the Institute of Agricultural Economics and Information of the Guangdong Academy of Agricultural Sciences, behind a series of changes, there is an obvious trend of rural industries forming chains and systems.

"Guangdong's modern agricultural industry extends to both ends. Recently it has touched the front-end seed industry, and the agricultural product processing industry has also made great progress. These can be an effective way to increase farmers' income and promote the overall revitalization of rural areas to achieve substantial progress and phased results. Channels." Wanzhong believes that in the future, intensive processing of agricultural products, brand marketing and other work can be further developed to help the agricultural industry achieve the added value of "shipping in with containers and selling with scales", so that the development results can further benefit the majority of farmers. .

Xianghai Tuqiang

Rebuild "New Guangdong on the Sea"

1963 islands, 420,000 square kilometers of sea area, 149,000 hectares of coastal beaches...the unique "blue property" makes the marine economy an important support for the province's high-quality development. According to preliminary calculations, in the first three quarters of 2023, Guangdong's total marine product value was 1,355.4 billion yuan, a year-on-year nominal growth of 4.8%, which was higher than the nominal growth rate of regional GDP in the same period of 0.5%, accounting for 14.1% of regional GDP. Guangdong’s total marine economy has ranked first in the country for 28 consecutive years.

At the same time, Guangdong’s marine scientific and technological innovation level has steadily improved, and its marine scientific and technological achievements have become increasingly fruitful. In 2022, nearly 20,000 patents will be disclosed in the province's marine fisheries, marine renewable energy, marine oil, gas and minerals, marine drugs and other fields, laying a solid foundation for the development of Guangdong's marine economy.

"The 'leading' position of Guangdong's manufacturing industry in the marine economic structure has been reflected, and the development level of the marine economy has been continuously improved." Vice President of the Guangdong Academy of Social Sciences, Guangdong Provincial Key Laboratory of Philosophy and Social Sciences "Laboratory for the Construction of a Marine Power" Executive Director Xiang Xiaomei believes that to promote the optimization and upgrading of the marine industry, we must continue to strengthen technological leadership, accelerate digitization, clustering and integration, and promote greater development of the marine industry.

Produced by: Nandu Big Data Research Institute Southern Intelligent Media Technology

Planning: Wang Weiguo and Zou Ying

Coordinator: Ling Huishan Zhang Chun

Data collection and analysis: Li Weifeng Mai Jieying Zhang Yuting Shen Hongyuan Intern Huang Xiaoqi Zhou Huiqi

Design and animation: Ouyang Jinggan Dan Lin Yongxi He Xin Deng Jiemin