More detail is dribbling out in
local media after Guangzhou reported strong GDP numbers last week. One of the
clear standouts was growth in the services sector, especially the so-called
“modern services industry”, which is dominated by software and other IT-related
Although the city is often
thought of as a bastion of heavy industry and manufacturing, while Shenzhen is
usually described as the “tech hub”, Guangzhou’s economy is increasingly being
driven by software and other IT-related services. According to official data, this
sector accounted for 68.6% of Guangzhou’s GDP in the first three quarters, an
increase of 0.1% over the first half of the year. Its added-value was up 15.5%
Continue reading Services pumping in hi-tech Guangzhou
The provincial capital is continuing to restructure its economy amid a slowdown in foreign trade, which is having a knock-on effect on the manufacturing sector. Services are growing robustly, investment is surging, and retail sales are holding steady, latest official economic data shows.
Continue reading Guangzhou: upgrading continues
Ever been stuck in Guangzhou airport overnight, waiting for a connection? Next time you might consider a comfortable “napping lounge”, Aerotel, for exhausted travelers during the waiting time of flight transfer.
It’s not a lounge. If you follow the signs to the “napping lounge” in the airport, you will guided to a very nice hotel, offering single rooms, premium single rooms, and premium double rooms for at least a three-hour stay. They are spacious, with 5-star quality beddings and all the daily necessities. Need a copier, printer, and fax machine? No problem. You can also enjoy Guangzhou-style dishes at the 24-hour lounge bar of the hotel.
Read more in Chinese.