Zhuhai leading growth in the Greater Bay

383

Zhuhai recorded the strongest industry growth in the Pearl River Delta region from January to May of this year, according to information provided by that city’s statistics bureau, the Hengqin New Area official online portal reported.
According to the bureau, the overall added value of Zhuhai’s industries in the first five months of 2017 amounted to RMB44.48 billion (US$6.52 billion/MOP52.62 billion), representing a 13.5 per cent increase year-on-year.
The main industries contributing to the increase include advanced manufacturing, equipment manufacturing, and high-tech manufacturing.
According to the portal, Zhuhai also registered a 13.8 per cent growth year-on-year in infrastructure construction projects over the same period, totaling RMB55 billion in investment.
Amongst the most important infrastructure developments, the Zhuhai statistics bureau cited projects such as the Hong Kong-Zhuhai-Macau Bridge (HZMB), the Zhuhai Port, and the Xianghai Bridge, which is part of a tridimensional hub being developed within the framework of the 13th Five-Year Development Plan, NewsGD.com reported.
Consumption was also reportedly up 10.1 per cent, year-on-year.
According to the latest data released by the HKTDC Research, Zhuhai’s tertiary industry sector accounted for 48.1 per cent of the city’s GDP composition, while the secondary industry sector represented 49.7 per cent of the total.