Guangzhou’s GDP in the first three quarters reached 2,485.1 billion yuan, a year-on-year increase of 5.7%

China News Service, Guangzhou, October 26 (Reporter Xu Qingqing) The Guangzhou Municipal Bureau of Statistics released the economic performance of the first three quarters of 2026 on the 26th. According to the unified accounting results of Guangdong Province's regional GDP, Guangzhou's regional GDP in the first three quarters was 2,485.1 billion yuan (RMB, the same below), a year-on-year increase of 5.7% at constant prices, and the growth rate hit a new high in the same period in the past five years.

In terms of industries, the added value of the primary industry was 20.8 billion yuan, a year-on-year increase of 2.4%; the added value of the secondary industry was 576.3 billion yuan, a year-on-year increase of 5.1%; the added value of the tertiary industry was 1.888 billion yuan, a year-on-year increase of 5.9%.

In the first three quarters, the added value of Guangzhou's designated industrial enterprises increased by 5.5% year-on-year. The three pillar industries are operating smoothly. The automobile manufacturing industry has a year-on-year growth of 5.4%, the electronic product manufacturing industry has a year-on-year growth of 10.7%, and the petrochemical manufacturing industry has a year-on-year growth of 5.3%.

The cultivation of emerging driving forces has been accelerated, with the output of new energy vehicles increasing by 54.6% year-on-year, driving the output of lithium-ion power batteries for automobiles to increase by 57.8% year-on-year, and the added value of the intelligent vehicle equipment manufacturing industry increasing by 37% year-on-year. The added value of the integrated circuit and optoelectronic device manufacturing industries increased by 64.8% and 21.1% year-on-year respectively; the output of analog chips, industrial robots, and service robots increased by 27.6%, 23.3%, and 20.5% respectively.

The pharmaceutical manufacturing industry has made new breakthroughs, with the added value of biopharmaceuticals, medical equipment and instrumentation manufacturing growing by 23.7% and 16% year-on-year respectively.

In the first three quarters, the total retail sales of consumer goods in Guangzhou was 836.322 billion yuan, a year-on-year increase of 2.5%. Fixed asset investment increased by 0.6% year-on-year. Looking at different fields, industrial investment increased by 5% year-on-year, of which investment in industrial technological transformation increased by 15.1% year-on-year. Investment in high-tech manufacturing increased by 31.5% year-on-year. Driven by the demand for AI and computing power, investment in the information software technology service industry increased by 68.7% year-on-year, and investment in electronic and communication equipment manufacturing increased by 37.9% year-on-year.

According to the Guangzhou Municipal Bureau of Statistics, Guangzhou's economic performance has maintained steady and rapid growth in the first three quarters, and the economic structure has improved and improved.