In the first quarter, Guangdong achieved a year-on-year increase of 4.6% in regional gross domestic product.
Today, the Guangdong Provincial Bureau of Statistics released a brief overview of economic performance in the first quarter. According to the unified accounting results of the regional gross domestic product, in the first quarter, Guangdong achieved a regional GDP of 3.495 trillion yuan, calculated at constant prices, an increase of 4.6% year-on-year. Among them, the value added of industrial enterprises above designated size increased by 5.4% year-on-year, an increase of 2.4 percentage points from the annual rate in 2025; the value added of the service industry increased by 4.5% year-on-year; retail sales of consumer goods increased by 2.5% year-on-year, with growth exceeding the national average. In addition, fixed asset investment increased by 0.2% year-on-year, maintaining positive growth for two consecutive months; excluding real estate development, fixed asset investment in the province increased by 5.8%.
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