China News Service, Guangzhou, February 20 (Reporter Wang Hua) Guangzhou held the city's major project launch event in the first quarter of 2024 on the 20th. The city started a total of 319 major projects in the first quarter, involving a total investment of more than 320 billion yuan (RMB, The same below).

  Among them, there are 158 industrial construction projects with a total investment of 196.9 billion yuan; 73 infrastructure projects with a total investment of 22.5 billion yuan; 50 social livelihood projects with a total investment of 28.4 billion yuan; and 38 urban renewal projects with a total investment of 73.4 billion yuan.

  These newly started projects focus on “industry first, manufacturing industry to establish the city”. Among the 158 industrial projects started, 32 have a total investment of more than 2 billion yuan, and the total investment exceeds 133 billion yuan. A number of representative major industrial projects have started construction in each district of the city. Including science and technology innovation platform projects such as Guangzhou Disruptive Technology Innovation Industrial Park and Pearl River Piano Culture Technology Industry Building; new generation information technology projects such as Feihong laser and plasma intelligent manufacturing, Minshi auto parts and semiconductor future factories; high-end cooperation between Guangdong and Hong Kong Advanced manufacturing projects such as the Manufacturing Industry Port, Wanli Tire Phase III, Shiling Fashion Intelligent Manufacturing Industrial Park, and Hengchuang Power Battery Echelon Utilization Project; and headquarters economic projects such as the global headquarters of Quwan Technology.

  Newly started projects also focus on the mutual promotion of industry and technology. The Guangzhou Disruptive Technology Innovation Industrial Park, where the event is located, will be built into a source of disruptive technology innovation that integrates R&D, trial production, training, communication, and display functions, and will build a "basic research + technological breakthrough + achievement transformation + technology" for Guangzhou Provide a demonstration of the innovation chain of "finance + talent support".

  It is understood that Guangzhou's R&D investment will exceed 100 billion yuan in 2024, and the investment intensity (i.e., the proportion of R&D expenditure in GDP) will exceed 3.5%, providing stronger support for the construction of a modern industrial system. Specific measures include accelerating the construction of "double first-class" universities, promulgating the "1+N" policy for the transformation of scientific and technological achievements, promoting the construction of scientific and technological innovation platforms by layering and classification, and implementing pilot standards for identifying foreign "high-skilled and urgently needed" talents and establishing high-level overseas universities. STEM Doctoral Station, etc. (over)