Business · Economy · 2 hrs ago
Guangzhou Private Economy Reaches 10.86 Trillion Yuan in First Three Quarters
Guangzhou’s private economy added 10.86 trillion yuan in the first three quarters of 2026.
That was 8% higher than a year earlier and accounted for 43.7% of the city’s gross domestic product.
Private businesses also contributed more than 40% of Guangzhou’s tax revenue and 61% of its imports and exports.
The city launched a service week for private businesses to bring government support closer to companies.
Its services include legal guidance, financing links, innovation support and help with overseas trade.
More than 70 related activities are planned across Guangzhou’s districts and government departments during the service week.
By October, the city had 191 listed private companies, with a combined market value of about 2.2 trillion yuan.
Guangzhou’s private economy added 1.086 trillion yuan in value in the first three quarters of 2026, up 8.0% year on year.
It accounted for 43.7% of the city’s gross domestic product.
The city’s Private Economy Service Week opened on November 2, offering services for businesses.
Private industrial firms above a specified size recorded 13.9% growth in added value.
As of October, Guangzhou had 191 listed private companies with a combined market value of about 2.2 trillion yuan.
- Who
- Guangzhou’s private economy and private businesses.
- What
- The private economy added 1.086 trillion yuan in value in the first three quarters of 2026, up 8.0% year on year.
- When
- The first three quarters of 2026; the service week opened on November 2.
- Where
- Guangzhou, China.
- Why
- Not stated
This story does not have two clearly opposing sides.
Guangzhou’s private economy added 1.086 trillion yuan in value, up 8.0% year on year.
Guangzhou had 191 listed private companies with a combined market value of about 2.2 trillion yuan.
Guangzhou’s Private Economy Service Week opened.
- Added value
- 1.086 trillion yuan in the first three quarters of 2026
- Year-on-year growth
- 8.0%
- Share of Guangzhou GDP
- 43.7%
- Private industrial growth
- 13.9% for above-scale firms
- Listed private companies
- 191 as of October 2026
- Combined market value
- About 2.2 trillion yuan as of October 2026