Page 158 - 2025 Special Report

Fig 9 Guangxi’s economy saw steady expansion in 2023
Source: Statistics Bureau of Guangxi
plans for the economic and social development of
the region. Specifically:
Main targets:
• An average annual growth of GDP over 6.5%
• An average annual growth of investment in
R&D 22%
• The proportion of digital economy accounts
for 6% of GDP by 2025
Major tasks:
• To further enhance the cooperation with
ASEAN, RCEP (Regional Comprehensive Economic
Partnership Agreement) and Belt and Road countries emerging industry. Specifically:
• To further emphasize the key role of
innovation in the development
• To further promote the green economy and
build environmentally friendly region
• To speed up the transition of real economy
and promote high-end, smart and modern industries opportunities to promote the development of
• To balance the development of rural and
urban areas
As the year marks the launch of the 14th Five-
Year Plan, Guangxi also claims that it will boost the
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development of new economic drivers, optimize
industrial structures and increase the proportion
of the manufacturing. With unique geographical
advantages, it will also seek areas of convergence
in the new dual circulation development paradigm,
which has domestic circulation as the main driver,
with domestic and international circulations
reinforcing each other.
The Outline of the 14th Five-Year
Plan (2021-2025) for Guangxi Zhuang
Autonomous Region Strategic Emerging
Industry Development 68
On 18 September 2021, Guangxi Zhuang
Autonomous Region announced its Five-Year
Plan for promoting the development of strategic
Key opportunities :
69
Driven by the development of new economy
globally and the in-depth implementation of
innovation, digitalization and decarbonization in
China, Guangxi is facing higher requirements of
industrial transition and at the same time, greater
new energy, electric vehicle, new material and
green economy. The construction of several
68 Government site of Guangxi, http://www.gxzf.gov.
cn/zfwj/zzqrmzfwj_34845/t10267020.shtml
69 Government site of Guangxi, http://www.gxzf.gov.
cn/zfwj/zzqrmzfwj_34845/t10267020.shtml
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