YPQ202A After Suzhou, China ushered in the second “industrial 3 trillion” prefecture-level city.

Recently, the 7th Plenary session of the 13th Municipal Committee of Foshan and the Municipal Committee Economic Work Conference revealed that the total industrial output value of Foshan in 2023 exceeded 3 trillion yuan.

YPQ202A As a result, Foshan officially became the second in the country and the first “industrial 3 trillion” prefecture-level city in Guangdong.

Foshan has also put forward a new goal of reaching 4 trillion yuan in industrial output value by 2030.

YPQ202A As the “strongest prefecture-level city”, Suzhou held the “First session of the New Year” on January 3, and proposed to use about three years to strive to form electronic information, high-end equipment, advanced materials, and new energy four trillion leading industries, with a total industrial output value of 5 trillion yuan, promoting GDP to 3 trillion yuan.

Enter the “industry 3 trillion” club

YPQ202A Data show that in 2008, Foshan’s industrial output value exceeded 1 trillion yuan for the first time.

With the rapid development of China’s industry, the total industrial output value of Foshan in 2016 exceeded 2 trillion yuan, which took 8 years.

From 2016 to 2023, the total industrial output value of Foshan exceeded 3 trillion yuan, which took 7 years.

YPQ202A How did Foshan achieve such industrial success?

In recent years, Foshan has further promoted new-type industrialization and accelerated the development of new quality productive forces. On the one hand, restructure old industries, and promote the upgrading of traditional industries with “number change and wisdom change”. Foshan not only set up a total scale of 30 billion yuan of manufacturing transformation and development fund, but also vigorously promote “digital loans”, real money and silver support enterprises, so far the city has more than half of the industrial enterprises to achieve digital transformation.

YPQ202A On the other hand, the new race track, with the “recruitment and education simultaneously” to develop and strengthen emerging industries. In the past three years, Foshan’s investment has exceeded 1 trillion yuan, and a large number of 5 billion and 10 billion projects have stirred up the main beam.

Standing on the new starting point of “3 trillion industry”, Foshan did not stop. On the one hand, we will continue to promote the “number change and wisdom change”, and strive to achieve digital transformation of more than 80% of industrial enterprises in 2025; On the other hand, it is to solve the problem of the low proportion of research and development investment, and make up for the short board of scientific and technological innovation with new industrialization. YPQ202A According to the target, by 2030, the total industrial output value of Foshan will exceed 4 trillion yuan.

In the development of new quality productivity, Foshan has plans and actions. We will focus on developing emerging industries such as new energy vehicles, high-end equipment manufacturing, medicine and health care, robotics, new energy, and new energy storage. Forward-looking layout of a new generation of artificial intelligence, metamaterials, green hydrogen energy and other future industries, continue to improve the “wisdom”, “green” and “gold” of manufacturing, and plan to form ten emerging areas of about 100 billion clusters by 2026.

Lin Jiang, professor of economics at Lingnan College of Sun Yat-sen University, believes that although Foshan is a prefecture-level city, it will eventually achieve the goal of “3 trillion yuan of industry” by adhering to the real economy, which has a reference significance for Guangdong and even the whole country.