Guangdong, an economic powerhouse in China, is off to a solid start in 2024, with 3.9 percent year-on-year growth during the first half of the year, reaching 6.52 trillion RMB. Despite facing various challenges, this positive performance can be attributed to strong showings in the industrial and services sectors. Recent economic data from the Guangdong Bureau of Statistics indicates expansion in several key areas, including industrial output and foreign trade.
Here are some highlights.
(cnbayarea.org.cn & GDToday)