Business · Economy · 2 hrs ago

Guangzhou Private Economy Reaches 10.86 Trillion Yuan in First Three Quarters

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.

1 source

Related