China News Agency, Guangzhou, January 12 (Reporter Cheng Jingwei) The first session of the 14th Guangdong Provincial People's Congress opened in Guangzhou on the 12th.

Wang Weizhong, Governor of Guangdong Province, said in his government work report that the province's GDP is expected to reach 12.8 trillion yuan (RMB, the same below) in 2022, with an average annual growth rate of 5% over five years, ranking first in the country for 34 consecutive years.

The Huangmaohai Cross-sea Channel is another cross-sea channel project in the Guangdong-Hong Kong-Macao Greater Bay Area after the Hong Kong-Zhuhai-Macao Bridge and the Shenzhen-China Channel.

Photo courtesy of Guangdong Provincial Communications Group

  The government work report shows that Guangdong's economic structure continues to optimize, and the quality and efficiency of development continue to improve.

The total number of market entities exceeded 16 million, with a net increase of 6.08 million in five years.

The number of industrial enterprises above designated size reached 67,000, an increase of 20,000 in five years, and the number of high-tech enterprises reached 69,000, more than doubling in five years.

  In 2022, affected by the impact of multiple factors, Guangdong is facing the triple pressure of shrinking demand, supply shock, and weakening expectations, and its economic development will encounter difficulties and challenges that have not been seen in many years.

Guangdong took the lead in introducing two batches of 214 specific measures to stabilize the economy.

At the same time, the annual tax rebate, tax reduction, tax deferment and fee reduction reached 465.6 billion yuan, the largest in history.

It is worth mentioning that Guangdong's industrial investment increased by 12% last year, demonstrating strong industrial resilience and development strength.

  According to the government work report, in 2022, Guangdong will effectively and effectively respond to the impact of unexpected factors, and the annual GDP is expected to grow by about 2%.

The government work report puts forward the main expected goals for the economic and social development of Guangdong Province in 2023, among which the GDP of the region will increase by more than 5%.

  Wang Weizhong said that Guangdong will implement the "top leader" project in the manufacturing industry.

Vigorously promote the construction of 20 strategic industrial clusters, improve the quality and expand the existing 8 trillion-dollar industrial clusters, and accelerate the promotion of ultra-high-definition video display, biomedicine and health, new energy and other industries to become new trillion-dollar industrial clusters.

  According to reports, Guangdong will focus on expanding domestic demand and stabilizing external demand, supporting housing improvement, new energy vehicles, green smart home appliances and other bulk consumption.

1,530 provincial key construction projects were arranged throughout the year, with an annual planned investment of 1 trillion yuan.

  In addition, Guangdong will build a new group of export industrial clusters worth 100 billion yuan or 1 trillion yuan, and support Shantou and Zhanjiang in building large-scale export processing industrial zones.

Build six major import bases for bulk commodities, electronic components, aircraft, automobiles, agricultural and sideline products, and mid-to-high-end consumer goods, and establish a bulk commodity import and export company with a full license.

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