In the first quarter, Guangdong's regional GDP grew by 4.6% year-on-year.

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Today (April 21), the Guangdong Provincial Bureau of Statistics announced a summary of the economic performance in the first quarter. According to the unified accounting results of regional gross domestic product, in the first quarter, Guangdong achieved a regional gross domestic product of 3,495.034 billion yuan, an increase of 4.6% year-on-year at constant prices. Among them, the added value of above-scale industrial output increased by 5.4% year-on-year, with the growth rate 2.4 percentage points higher than the entire year of 2025; the added value of the service industry increased by 4.5% year-on-year; the total retail sales of consumer goods increased by 2.5% year-on-year, with a growth rate higher than the national average. In addition, fixed asset investment increased by 0.2% year-on-year, maintaining positive growth for two consecutive months; excluding real estate development, the province’s fixed asset investment grew by 5.8%. (CCTV News)

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