Guangzhou city to watch as China journeys toward modernisation

KUALA LUMPUR, Nov 24 -- The Understanding China Conference 2020, one of the most influential platforms on China's development strategy recently closed in Guangzhou.

It is the second time Guangzhou hosted the event, making the city an important window through which to observe China's new journey toward modernisation.

At this year's Conference, Guangzhou, a historical city with new vitality and fresh impetus emerging as a megacity, garnered great attention from all present, with many expecting to refer to the experience it gains in pursuing development.

Home and abroad delegates spoke highly of the inspiring adaptability of Guangzhou, as seen from its synergy-oriented connectivity with Shenzhen, the urban revitalisation drive in its comprehensive function, cultural appeal, service and global business environment.

Officials from Guangzhou said that Guangzhou would seize new opportunities to pursue transformation and upgrading and turn the negative impact of the pandemic into new drivers for economic transformation to sustain quality economic growth.

“Guangzhou's economic recovery is gathering momentum as production continues to pick up while demand continues to increase,” said Guangzhou Statistics Bureau deputy chief, Feng Jun in a statement.

“New growth drivers are going strong, people's livelihood well safeguarded and leading indicators keep improving to positive or hitting new highs since the outbreak of the epidemic.”

In the face of the pandemic and the complex economic situation, Guangzhou, as an international business and trade hub, is now reshaping its development paradigm by exploring new opportunities to secure its new advantages, development areas and growth drivers.

-- BERNAMA