Huadu Economy

  In 2016, the district achieved the regional GDP of 116.862 billion yuan, an increase of 8.1%. The gross industrial output value above designated size was 211.065 billion yuan, up by 8.6%. The general public budget revenue was 7.146 billion yuan, an increase calculated at comparable caliber of 7.18%. The fixed-asset investment was 31.815 billion yuan and total retail sales of consumer goods were 44.174 billion yuan, growth of 15.2% and 12.1% respectively. The total foreign trade value reached 58.679 billion yuan, increased by 12.0%. Advanced manufacturing industry continued to grow. The gross industrial output value above designated size in the automobile industry was 153.833 billion yuan, an increase of 11.3%. Dongfeng Nissan enjoyed a booming production and marketing situation, with an annual output of 1.1395 million and annual sales of 1.1441 million, growth of 11.7% and 11.5% respectively. Dongfeng Nissan’s 8 million finished vehicles successfully went off the assembly line, and three centers were completed and put into service. Dongfeng Venucia Vehicle Company and Venucia Automobile Sales Co., Ltd. settled in the district. The output value of high-power locomotive repairing and producing base was increased by 50.5%. The airport economic industries developed centrally. STAG G2 Hangar was completed and put into operation. A number of projects such as Guangzhou International Airport Center started construction. The development of modern service industry speeded up. The state-level market purchase trade pilot was duly approved. The application of the state-level pilot zone for green finance reform and innovations went well. Guangzhou Huadu Cultural Tourism City accelerated the construction. Wanda Sports headquarters and other 45 high-quality projects was contracted to settle down here with a total investment of more than 30 billion yuan. The added value of the financial industry was increased by 11.1%. Seven companies were listed on the “New Three Board”. 511 enterprises with a registered capital of over 10 million yuan were newly added, an increase of 50.14%.