The Guangzhou Private Technology Park, a key development platform in Baiyun district, is projected to surpass 250 billion yuan ($35.8 billion) in annual revenue for 2025, marking a standout performance fueled by platform-driven industrial growth.

The Guangzhou Private Technology Park. [Photo/WeChat account: gz_baiyunfabu]

From January to November, the park generated operating income of 218.8 billion yuan, up 10.3 percent year over year. Major projects are progressing rapidly across its core and specialized zones, including intelligent home furnishings, rail transit equipment, and beauty and health industrial parks, with 28 commencing construction and 23 completed during the year.

Fixed-asset investment rose by 20.8 percent, serving as a significant growth driver. The automotive manufacturing sector saw a remarkable 52.8 percent surge in output value, while electrical machinery and equipment manufacturing grew by 13.7 percent. Investment attraction remained robust, with 90 newly signed industrial projects and over 2,020 new enterprises introduced.

Innovative land acquisition and resettlement housing mechanisms have also secured space for industrial expansion while addressing community needs. The park continues to strengthen its role as an engine for high-quality economic development in the district.