In the first quarter, Guangdong's GDP increased by 4.6% year-on-year.
According to the unified accounting results of regional GDP, in the first quarter, Guangdong achieved a regional GDP of 3.495 trillion yuan, calculated at constant prices, an increase of 4.6% year-on-year. Among them, the value added of large-scale industries increased by 5.4% year-on-year, with a growth rate 2.4 percentage points higher than the annual level in 2025; the value added of the service industry increased by 4.5%; 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, fixed asset investment in the province increased by 5.8%. The Guangdong Provincial Bureau of Statistics believes that although the external environment is still complex and challenging, the economic recovery foundation still needs to be strengthened, but our province's economic foundation is stable, new quality dynamics are abundant, policy effects continue to be released, and development vitality is constantly strengthening, providing a solid guarantee for the sustained recovery and improvement of the economy.
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