In the first half of 2015, Guangzhou realized a total industrial output value of RMB880.956 billion for the industries above the statistics threshold, up 6.4% on a year-on-year basis (YoY), 0.8 percentage point higher than the Q1; completed the added value of industries above the statistics threshold RMB226.140 billion, up 7.3% YoY, 0.2 percentage point higher than the Q1, higher than the national average (6.3%). In April, May and June, the figure grew by 7.0%, 7.1% and 10.6%, respectively. The growth accelerated month by month.

 

According to the Industry and Information Technology Commission of Guangzhou, it will make good use of the newly established Guangzhou Industry Development Fund to launch the screening and optimization of investment projects, and adopt the equity investment, afterward reward and subsidy, interest subsidy and risk compensation and other support measures. It will invest RMB800 million in industrial technological renovation and manufacturing transition and upgrading, and RMB700 million to support development of the robot and smart equipment industry. 

 

Source: news.sina.com.cn, July 27, 2015