As spring arrives early in Lingnan, so does the spirit of hard work. On February 6, Dongguan convened its High-Quality Development Conference, aligning with the key directives of the Guangdong Provincial High-Quality Development Conference. The city aims to strengthen its modern industrial system, drive economic momentum, and solidify its role as a major economic powerhouse.
Dongguan's Party Secretary Wei Hao emphasized the importance of economic growth and industrial development, calling for stronger industrial capabilities, greater domestic demand, and a thriving business environment. The city will focus on expanding investment, stimulating consumer spending, and fostering innovation in advanced manufacturing. Additionally, efforts will be made to boost international trade, attract foreign investment, and enhance the overall business landscape.
Manufacturing remains the backbone of Dongguan's economy. The city is committed to developing emerging industries, strengthening technology-driven innovation, and upgrading industrial infrastructure. To sustain long-term growth, regional cooperation will also be deepened, particularly with Guangzhou, Shenzhen, Hong Kong and international markets. Reforms will play a key role in unlocking Dongguan's potential. Enhancing the business environment, streamlining administrative processes, and supporting grassroots economic initiatives are among the city's priorities. The city is also empowering its districts to pursue industrial innovation, urban expansion, and efficient governance. Additionally, branding Dongguan's products and telling its success stories globally will help attract more investment and talent.
In 2024, Dongguan reinforced its position as a manufacturing hub, with industrial output from large-scale enterprises growing by 6.9%, contributing to an overall GDP increase of 4.6%, surpassing 1.2 trillion RMB. This year, the city has set ambitious targets: fixed asset investment and retail sales growth of 5%, digital transformation for 1,500 large-scale industrial enterprises, and maintaining R&D investment at 4% of GDP to foster stronger synergy between industry and technology.
Mayor Lv Chengxi reinforced the need for a strong start to 2025, urging all sectors to seize opportunities in AI, smart manufacturing, and global trade. With clear goals, bold reforms, and targeted strategies, Dongguan is set to achieve a robust first-quarter economic performance and lay the groundwork for sustained high-quality growth.
