| The rapid increase of comprehensive strength and the stronger ability of sustainable development.
In 2006, The GDP of Guangzhou hit RMB 606.8 billion Yuan, which is increasing 14.7%, The city's per 10 thousand GDP energy consumption is anticipated to decrease 5%. The economic strength of industry and commerce is leading in China. In recent years, the industry in Guangzhou has been developing in a breakthrough speed. Therefore, the consumption in the market is very active, which in turns has an obvious impact on the growth of the city's economy. In 2006 the Gross Industrial Output Value hit RMB 810 billion Yuan, and the totals sales in wholesale and retail trade was over RMB 844.2 billion Yuan, the total retail sales of consumer goods is around RMB 218.3 billion Yuan and it ranks the third among China cities in terms of scale, among them the per capita retail sales in food and beverage sector rank the top in China.
Boost the upgrading of economy growth structure and mode based on structure adjusting
1. Guangzhou has been optimizing the industry structure, and speeding up the moderate heavy-oriented industry. In 2006, The proportion of light and heavy industry is 36:64, the contribution rate to the industry growth by the heavy industry is as high as 75%, The industrialization process has come to an era that pioneered by heavy industry.
2. Guangzhou is making great efforts in developing the three pillar industry: automobile, petrochemistry and electronics. In 2006, the gross industrial output value contributed by the three pillar industry was over RMB 306.8 billion Yuan, propel the gross industrial output value to raise 7%.
3. Guangzhou has clung to her strategy of pursing industrialization by means of informatization, and made constant efforts in facilitating the developments of her new and high technology oriented industries and traditional industries. In 2006, the city's high and new technology product output value is anticipated to reach RMB 218.8 billion Yuan, which accounts for 27% of the total industrial output value, the contribution rate to the industry growth by technology progress reach 51%.
4. Guangzhou has made bold efforts in implementing her “Brand Driven Strategy”; accordingly, more and more of Guangzhou-made products have become renowned options. In 2006, the brand name product output value weight over 38.8% of the whole city's. By the end of 2006, Guangzhou has fostered 25 China Top brands, 13 China Well-known trademarks, 179 Guangdong Top Brand and 175 Guangdong well-known trademarks.
5. Guangzhou has clung to her strategy of granting prioritized supports to the powerful and leading enterprise, and thus fostered a galaxy of internationally competitive leader players. In 2006, Guangzhou has fostered 750 industrial enterprises with the output value of RMB 100 million plus Yuan. Moreover, 23 Guangzhou enterprises were ranked as China Top 1000 industrial enterprises; 13 enterprises in wholesale and retailing catering industry sector were appraised as provincial-level dragon-head enterprise in the distribution sector.
6. Boost the development of modern means of commerce circulation, whilst promote the production service industry and utilize the advantage of center city. In 2006, the total sales of franchised wholesale and retails trade and catering industry hit RMB 70 billion, the franchised outlet is near 14 thousand, which accounts for 32% to the total retail sales of consumer goods. The total trading amount of the commodity market is around RMB 120 billion. Guangzhou has built up 6 trade centers for the plastics, metals, jewellery, coals and aquatic products. At the meantime, the modern logistics is developing rapidly and the logistics volume and enterprise scale is growing at an impressive speed.
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