Page 80 - AmCham South China 2026 Special Report on the State of Business in South China
P. 80

Major targets and tasks:                           ?    Improving the quality of people¡¯s
                                                              lives and household income: Achieve progress
             ?    New  achievements  in  high-quality         in high-quality full employment, synchronize
           development: Economic growth will remain within    household income growth with economic growth,
           a reasonable range, GDP per capita will approach   improve labor remuneration and productivity,
           or reach the level of moderately developed         optimize  income  distribution,  strengthen  the
           countries,  total  factor  productivity  will  steadily   social security system and expand the middle-
           increase and domestic demand will play a stronger   income group.
           role in driving growth. The overall effectiveness of
           the  regional  innovation  system  will  significantly   ?   Development of ecological environment
           improve,  with  notable  progress  expected  in  new   and green economy: Promote green production
           industrialization, informatization, urbanization,   and lifestyles, achieve carbon peak as scheduled,
           agricultural modernization and the development     establish  a  clean,  low-carbon,  safe  and  efficient
           of new quality productive forces.                  energy system, reduce major pollutant emissions
                                                              and  continuously  improve  ecosystem  diversity
             ?    Improving  the  level  of  scientific  and   and stability.
           technological self-reliance: Accelerating regional
           collaboration  and  innovation  within  the  GBA.    ?    Consolidating the security foundation
           Guangzhou  will  advance  a  modern  industrial    for development:  Strengthen national security
           system  by  upgrading  traditional  industries,    systems  and  capacity,  effectively  prevent  and
           expanding emerging sectors and nurturing future-   resolve risks  in key areas and  accelerate the
           oriented industries. Shenzhen will continue to focus   construction of legal systems and public security
           on the real economy while increasing investment    governance.
           in innovation platforms and infrastructure. Foshan
           will strengthen its manufacturing base through       31 new measures for special action to
           smart manufacturing, push forward industrial       boost consumption      18
           upgrading,  expand  emerging  industries  and
           support future industries, while improving applied   ?    To  stimulate  the  economy  and  mitigate
           research capabilities and raising the standard of   external uncertainties, Guangdong launched 31
           modern  service  industries.  With  AI  at  the  core,   measures in April 2025 to boost consumption,
           Dongguan will focus on innovation-led industries,   including initiatives to attract inbound tourists,
           quality improvement and brand building, aiming to   enhance service quality and standards, raise
           move its manufacturing sector toward the higher    residents¡¯  incomes  and  create  a  favorable
           end of the value chain.                            environment for spending.

             ?    Developing urban and  rural  areas            ?    A  key  highlight  of  the  initiatives  is  the
           coordinately:  Advance  comprehensive  rural       effort  to  encourage  overseas  visitor  spending
           revitalization,  unlock  development  potential  of   through distinct itineraries, streamlined visa
           characteristic towns and harmonious villages, and   procedures, an appealing shopping environment,
           narrow development gaps between urban and          expanded  duty-free  services and  various travel
           rural areas.                                       convenience measures.

             ?    Deepening  reforms  and  opening  up:         ?    The government is supporting designated
           Modernize governance systems and capacity,         cities  to  become  first  stops  and  major  hubs
           improve the socialist market economy and           for tourists. Guangzhou, Shenzhen, Zhuhai,
           enhance institutions and mechanisms for high-      Shantou,  Jiangmen,  Chaozhou  are  encouraged
           level opening up.                                  to launch high-quality travel packages with local
                                                              characteristics.  Authorities  have  pledged  to
             ?    Improving social civilization significantly:
           Stimulate  cultural  innovation  and   elevate     18  Government site of Guangdong, https://www.gd.gov.
           Guangdong¡¯s cultural influence.                    cn/zwgk/gongbao/2025/12/content/post_4707226.html


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