As one of the earliest cities to be opened up under the economic "reform & opening" policies of the 1980s, Guangzhou has been at the forefront of China's economic growth for over three decades. With its optimal location and abundant resources, the city has prospered through the development of strong manufacturing and shipping industries.
Today, Guangzhou stands at the precipice of a new era. Due to reforms in recent years, many high-profile companies, next-generation high-tech projects, and innovative enterprises have made the city their home. Innovators and entrepreneurs from Guangzhou have gained recognition through state-wide and national-level competitions. New research institutions have been opened in the city, backed by the government's immense resources. Now, Guangzhou is ready to reach the next stage in its development: becoming a hub of scientific and technological innovation.
five key industries
four guiding principles
To achieve its goal of transforming itself into a world-class hub of innovation, the city of Guangzhou has directed its efforts along four guiding principles: