Guangdong's economy holds steady in Jan-Sept 2025

Guangdong, one of China's economic powerhouses, has maintained overall stability in the first nine months of 2025 despite a complex external environment.

According to the provincial statistics bureau, the region's GDP reached 10.52 trillion yuan ($1.48 trillion) in the first three quarters, marking a 4.1 percent increase year-on-year.

Industrial output remained resilient, with the value-added of industrial enterprises above designated size rising 3.5 percent year-on-year. By sector, computer, communication and electronic equipment manufacturing grew 7.5 percent, electrical machinery and equipment manufacturing 6.3 percent, and automobile manufacturing 8.2 percent, the bureau said on Friday.

Meanwhile, high-tech and new energy products grew rapidly since the beginning of the year, it said.

The output of industrial robots, service robots, civil unmanned aerial vehicles (UAVs) and 3D printing equipment increased by 33.7 percent, 15.2 percent, 44.8 percent and 40.3 percent, respectively, in the first nine months.

And the output of new energy vehicles, lithium-ion batteries for energy storage, wind turbines and solar cells (photovoltaic cells) rose by 24.6 percent, 37.6 percent, 55.8 percent and 75.3 percent year-on-year, respectively.

In the first three quarters, Guangdong's added-value in the service industry witnessed an increase of 4.9 percent year-on-year, with a growth of 0.3 percentage points faster than in the first half of the year.

Notably, the added value of the financial industry rose by 9.8 percent while the transportation, storage and postal services industries grew by 4.3 percent.