Page 104 - 2023 Special Report on the State of Business in South China
P. 104
Fig 9 Guangxi showed good momentum of steady growth
Source: Statistics Bureau of Guangxi As the year marks the launch of the 14th Five-
Year Plan, Guangxi also claims that it will boost the
Region Economic and Social Development and the development of new economic drivers, optimize
Long-Range Objectives Through the Year 2035 was industrial structures, and increase the proportion
released. It analyzes the potential cooperation of the manufacturing. With unique geographical
with the ASEAN and the GBA, as well as sets main advantages, it will also seek areas of convergence
targets and specific plans for the economic and in the new dual circulation development paradigm,
social development of the region. Specifically: which has domestic circulation as the main driver,
with domestic and international circulations
Main targets: reinforcing each other.
- An average annual growth of GDP over 6.5% The Outline of the 14th Five-Year
Plan (2021-2025) for Guangxi Zhuang
- An average annual growth of investment in Autonomous Region Strategic Emerging
R&D 22% Industry Development53
- The proportion of digital economy accounts The Outline of the 14th Five-Year Plan (2021-
for 6% of GDP by 2025 2025) for Guangxi Zhuang Autonomous Region
Strategic Emerging Industry Development
Major tasks:
Key opportunities54:
- To further enhance the cooperation with
ASEAN, RCEP (Regional Comprehensive Economic Driven by the development of new economy
Partnership Agreement) and Belt and Road countries globally, and the in-depth implementation of
innovation, digitalization and decarbonization in
- To further emphasize the key role of China, Guangxi is facing higher requirements of
innovation in the development industrial transition and at the same time, greater
opportunities to promote the development of new
- To further promote the green economy energy, electric vehicle, new material, and green
and build environmentally friendly region economy. The construction of several regional
- To speed up the transition of real economy 53 Government site of Guangxi, http://www.gxzf.
and promote high-end, smart and modern industries gov.cn/zfwj/zzqrmzfwj_34845/t10267020.shtml
54 Government site of Guangxi, http://www.gxzf.
- To balance the development of rural and gov.cn/zfwj/zzqrmzfwj_34845/t10267020.shtml
urban areas
104
Source: Statistics Bureau of Guangxi As the year marks the launch of the 14th Five-
Year Plan, Guangxi also claims that it will boost the
Region Economic and Social Development and the development of new economic drivers, optimize
Long-Range Objectives Through the Year 2035 was industrial structures, and increase the proportion
released. It analyzes the potential cooperation of the manufacturing. With unique geographical
with the ASEAN and the GBA, as well as sets main advantages, it will also seek areas of convergence
targets and specific plans for the economic and in the new dual circulation development paradigm,
social development of the region. Specifically: which has domestic circulation as the main driver,
with domestic and international circulations
Main targets: reinforcing each other.
- An average annual growth of GDP over 6.5% The Outline of the 14th Five-Year
Plan (2021-2025) for Guangxi Zhuang
- An average annual growth of investment in Autonomous Region Strategic Emerging
R&D 22% Industry Development53
- The proportion of digital economy accounts The Outline of the 14th Five-Year Plan (2021-
for 6% of GDP by 2025 2025) for Guangxi Zhuang Autonomous Region
Strategic Emerging Industry Development
Major tasks:
Key opportunities54:
- To further enhance the cooperation with
ASEAN, RCEP (Regional Comprehensive Economic Driven by the development of new economy
Partnership Agreement) and Belt and Road countries globally, and the in-depth implementation of
innovation, digitalization and decarbonization in
- To further emphasize the key role of China, Guangxi is facing higher requirements of
innovation in the development industrial transition and at the same time, greater
opportunities to promote the development of new
- To further promote the green economy energy, electric vehicle, new material, and green
and build environmentally friendly region economy. The construction of several regional
- To speed up the transition of real economy 53 Government site of Guangxi, http://www.gxzf.
and promote high-end, smart and modern industries gov.cn/zfwj/zzqrmzfwj_34845/t10267020.shtml
54 Government site of Guangxi, http://www.gxzf.
- To balance the development of rural and gov.cn/zfwj/zzqrmzfwj_34845/t10267020.shtml
urban areas
104
