Page 76 - 2023 Special Report on the State of Business in South China
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The scale of cross-border capital flows will upward - New technologies, new products, new
to a new level, and the total number of domestic industries and new business models will continue
and foreign listed enterprises will exceed to 1,500, to emerge and develop. Key industries will
including more than 1,000 A-share listed enterprises realize innovation breakthroughs. Guangdong’s
and more than 400 listed enterprises in Hong Kong. innovation capability of manufacturing will catch
up with the international leading level. A globally
- Attracts more than 10 national FinTech manufacturing innovation hub will be built up.
research institutions and fosters over 10 FinTech
unicorn enterprises, over five FinTech listed - Promote a larger, deeper and wider
enterprises. Supports 15 financial enterprises to be opening-up to optimize the supply chain
listed on the Top 100 Global FinTech Patents evaluated that can provide mutually benefits for global
by the World Intellectual Property Organization. cooperation. Expand international trade
and investment. Build new advantages in
- Build an innovative capital center that participating in international competition and
is compatible with the development of the become a forefront of advanced manufacturing.
Guangdong, Shenzhen, Hong Kong and Macau
science and technology innovation area and the - Accelerate the construction of digital
“advanced equipment manufacturing industry government, upgrade the market operation,
chain on the west bank of the Pearl River”. The transaction regulations and service system to
number of listed enterprises in the regional equity foster a market-oriented, legal, and international
market will reach 30,000, and the total scale of business environment, and build a global first-class
venture capital funds will reach RMB5 trillion, more manufacturing development center.
than 30 venture capital institutions will enter the top
100 fund management list, and 500 enterprises will Key economic targets:
be listed on the Science and Technology Innovation
Board and the Growth Enterprise Market. - The manufacturing industry will unleash
its growth potential. By 2025, the value-added of
The Outline of the 14th Five-Year Plan manufacturing will account for more than 30%
(2021-2025) for Guangdong Manufactur- of local GDP, and the value-added of high-tech
ing Development12 manufacturing will take 33% share of the value-
added of manufacturing overall.
The 14th Five-Year Plan period is the key
milestone for high-quality development of - Innovation will realize new breakthroughs.
manufacturing. On 30 July 2021, the government By 2025, 2.3% of revenue of manufacturing
of Guangdong set up development plans, main enterprises will be invested into the R&D sector,
targets and key sectors for manufacturing and the number of effective invention patents of
industry. Specifically: manufacturing industries will reach 230,000.
Strategic orientations: - By 2025, the product qualification rate of
the manufacturing will exceed 94%, the number
- Construct a number of strategic industrial of enterprises receiving the China Quality Award
clusters with comprehensive industrial chains, or nomination will reach 20, and the total labor
influential power and strong competitiveness, productivity of the manufacturing will reach
to maintain its top rank position in China’s RMB300,000 per person.
manufacturing industry. Continue to move upward
to the middle and high-end of the value-added - The digital industrialization and industrial
in global industrial chain and become the global digitalization will both achieve new breakthroughs.
advanced manufacturing base. Guangdong will lead the industrial digitalization,
intelligent network and IoT’s development in China.
12 Government site of Guangdong, http://www. By 2025, the number of enterprises that implement
gd.gov.cn/zwgk/wjk/qbwj/yf/content/post_3451957. IoT digital transformation will reach 50,000.
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76
to a new level, and the total number of domestic industries and new business models will continue
and foreign listed enterprises will exceed to 1,500, to emerge and develop. Key industries will
including more than 1,000 A-share listed enterprises realize innovation breakthroughs. Guangdong’s
and more than 400 listed enterprises in Hong Kong. innovation capability of manufacturing will catch
up with the international leading level. A globally
- Attracts more than 10 national FinTech manufacturing innovation hub will be built up.
research institutions and fosters over 10 FinTech
unicorn enterprises, over five FinTech listed - Promote a larger, deeper and wider
enterprises. Supports 15 financial enterprises to be opening-up to optimize the supply chain
listed on the Top 100 Global FinTech Patents evaluated that can provide mutually benefits for global
by the World Intellectual Property Organization. cooperation. Expand international trade
and investment. Build new advantages in
- Build an innovative capital center that participating in international competition and
is compatible with the development of the become a forefront of advanced manufacturing.
Guangdong, Shenzhen, Hong Kong and Macau
science and technology innovation area and the - Accelerate the construction of digital
“advanced equipment manufacturing industry government, upgrade the market operation,
chain on the west bank of the Pearl River”. The transaction regulations and service system to
number of listed enterprises in the regional equity foster a market-oriented, legal, and international
market will reach 30,000, and the total scale of business environment, and build a global first-class
venture capital funds will reach RMB5 trillion, more manufacturing development center.
than 30 venture capital institutions will enter the top
100 fund management list, and 500 enterprises will Key economic targets:
be listed on the Science and Technology Innovation
Board and the Growth Enterprise Market. - The manufacturing industry will unleash
its growth potential. By 2025, the value-added of
The Outline of the 14th Five-Year Plan manufacturing will account for more than 30%
(2021-2025) for Guangdong Manufactur- of local GDP, and the value-added of high-tech
ing Development12 manufacturing will take 33% share of the value-
added of manufacturing overall.
The 14th Five-Year Plan period is the key
milestone for high-quality development of - Innovation will realize new breakthroughs.
manufacturing. On 30 July 2021, the government By 2025, 2.3% of revenue of manufacturing
of Guangdong set up development plans, main enterprises will be invested into the R&D sector,
targets and key sectors for manufacturing and the number of effective invention patents of
industry. Specifically: manufacturing industries will reach 230,000.
Strategic orientations: - By 2025, the product qualification rate of
the manufacturing will exceed 94%, the number
- Construct a number of strategic industrial of enterprises receiving the China Quality Award
clusters with comprehensive industrial chains, or nomination will reach 20, and the total labor
influential power and strong competitiveness, productivity of the manufacturing will reach
to maintain its top rank position in China’s RMB300,000 per person.
manufacturing industry. Continue to move upward
to the middle and high-end of the value-added - The digital industrialization and industrial
in global industrial chain and become the global digitalization will both achieve new breakthroughs.
advanced manufacturing base. Guangdong will lead the industrial digitalization,
intelligent network and IoT’s development in China.
12 Government site of Guangdong, http://www. By 2025, the number of enterprises that implement
gd.gov.cn/zwgk/wjk/qbwj/yf/content/post_3451957. IoT digital transformation will reach 50,000.
html
76
