Page 118 - 2025 Special Report

Fig 6 FDI inbound in Guangdong shows resilience amid structural optimization

Source: Statistics Bureau of Guangdong, EY analysis

and improve the cross-border logistics system. Recent Policies and Reforms
In terms of attracting foreign investment, the
province will promote the “Invest in Guangdong” The Outline of the 14th Five-Year Plan
brand and offer rewards of up to RMB150 million (2021-2025) for Guangdong Economic and
to eligible foreign investment enterprises. Social development and the Long-Range
Objectives Through the Year 2035 14
By prioritizing innovation-driven and eco-
friendly growth through beefing up support On 25 April 2021, the Outline of the 14th Five-
for tech-intensive industries and fostering new Year Plan (2021-2025) for Guangdong Economic and
growth momentum, Guangdong has been Social Development and the Long-Range Objectives
playing an important and prominent role in the Through the Year 2035 was released. It reviews the
country’s pursuit of high-quality development. achievements of the 13th Five-Year Plan, analyzes
In recent years, 10 provincial laboratories have the domestic and international environment that
been built in batches in Guangdong and it has 30 Guangdong will face in the 14th Five-Year Plan
state key labs, 430 provincial key labs, 21 high- period and set detailed strategies and target for
level innovation institutes and 20 Guangdong- the economic and social development of the whole
Hong Kong-Macau joint labs. Looking ahead, province. Specifically:
Guangdong will accelerate AI development and
establish a contemporary industrial framework. Core principle: Dual-zone leading
In line with ambitious national goals, the province
plans to escalate its computing power to over 40 Take the opportunities of developing the GBA
EFLOPS by 2025 and 60 EFLOPS by 2027 . Such and Shenzhen Socialist Pioneering Demonstration
13
advancements in computational capabilities are Zone. The GBA is the main driver to lead the high-
crucial for fostering cutting-edge AI research and quality provincial and national development and
development, solidifying Guangdong’s role as a Guangdong will proactively participate in the
central hub for AI innovation. dual circulation strategy, to become a strategic
forefront of the new development pattern, to
provide stronger support for the comprehensive
construction of socialist modernization.

13 Government site of Guangdong, http://www. 14 Government site of Guangdong, http://www.
gd.gov.cn/gdywdt/zwzt/kjzlzq/zcsd/content/ gd.gov.cn/zwgk/wjk/qbwj/yf/content/post_3268751.
post_4445551.html html

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