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Wednesday,August 22,2018
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Brief Introduction of Guangzhou Economy

Updated Beijing Time

With two crops per annum, quality rice is the main grain crop in Guangzhou while its main cash crops include vegetables, flowers and fruits. Its flowers and bonsai enjoy great fame far and wide.

Numerous large projects with strong economic driving force and high growth rate have been created after years of economic development in Guangzhou. Three industrial chains in the east, west and south are in place together with four pillar industries consisting of auto, iron & steel, ship-building and petrochemical.

A hi-tech industrial cluster consisting of software, biopharmaceutical and electronic information industry is in place on account of the rapid hi-tech industry development.

With innovative platforms and national-level industry bases such as software, electronic information, biopharmaceutical and cartoon animation well established, a fairly complete incubation network for sci-tech enterprises has been instituted, greatly promoting the integration between education, industry and research.

Guangzhou's main industries include auto, electronic information, petrochemical, exhibition, tourism, among others.

Source: Newsgd

Editor: Chen Minjie

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