Major projects drive significant investment, and significant investment leads to major industries.

01 What Does the Successive Landing of "Dual Hundred-Billion" Projects Signal?

Recently, the groundbreaking ceremony for the Rongjie Group Guangzhou Development District New Energy Intelligent Manufacturing Base was held in Sino-Singapore Guangzhou Knowledge City. With a total investment of 12 billion yuan, upon full completion and operation, it is expected to achieve an annual output value exceeding 13 billion yuan. This is one of four major hundred-billion-yuan projects secured this year by the Guangzhou Development District and Huangpu District. It also represents another "dual hundred-billion" project secured in the new energy battery sector in recent years and serves as a landmark project for Guangzhou's "Year of Investment Promotion."

This year marks the beginning of the "15th Five-Year Plan" period and is a crucial year for Guangzhou's trillion-yuan-scale investment promotion drive. At the "First Meeting of the New Year," Guangzhou set the goal of attracting no fewer than 10 hundred-billion-yuan projects, 100 ten-billion-yuan projects, and 1,000 billion-yuan projects. This significant responsibility clearly falls primarily on Huangpu's shoulders.

In less than half a year, Huangpu has already signed agreements for 4 hundred-billion-yuan projects, 1 twenty-billion-yuan project, 8 ten-billion-yuan projects, and over 200 key projects, shouldering a major load for the city. Extending the timeframe, since 2023, Huangpu has facilitated the landing of over 1,000 key projects, including approximately 30 hundred-billion-yuan projects, among which are "dual hundred-billion" flagship projects with both investment and output value exceeding one hundred billion yuan.

Just earlier this month, the TCL China Star t8 Phase I project, a global-first mass production line for G8.6 generation printed OLED with a total investment of 29.5 billion yuan, achieved early topping-out, taking only 151 days from groundbreaking to topping-out, setting a new industry record. At the beginning of the year, the Yuexin Semiconductor Phase IV project, a major national-level integrated circuit manufacturing initiative, commenced construction with a total investment of 25.2 billion yuan, focusing on five key process areas—"sensing," "transmission," "storage," "computation," and "display"—centered on AI.

△ Yuexin Semiconductor (Image source: Huangpu Release)

At the provincial and municipal "First Meetings of the New Year," Huangpu's AI chip high-end integrated circuit substrate project and AI computing power high-end printed circuit board project were collectively unveiled, both being "dual hundred-billion" projects.

The landing of one hundred-billion-yuan project might be coincidental, but the arrival of numerous such projects indicates an underlying inevitability. Major projects and significant investments have always been a litmus test for the "magnetic attraction" of investment promotion. "Dual hundred-billion" projects, in particular, symbolize industrial capacity and comprehensive competitiveness.

Huangpu's ability to attract numerous major projects is underpinned by its status as Guangzhou's top manufacturing district, supported by the soft power of an international business environment, and further fueled by the continuous release of innovation momentum.

More noteworthy than the ability to "attract" is the weight and value of the projects themselves. For these key projects, investment scale is just one aspect; more importantly, they possess strong industrial potential, significant driving effects, and prominent growth momentum.

Generally, high-level industrial investments stimulate growth directly through fixed asset investment in the short term, continuously release growth momentum via industrial manufacturing in the medium to long term, and reshape the modern industrial system through strengthening and complementing industrial chains. This is precisely the importance of "dual hundred-billion" projects.

Projects with investments exceeding ten billion yuan are not uncommon, but those capable of generating an annual output value reaching the hundred-billion-yuan level, producing a continuous stream of output value, added value, and tax revenue, are typically only high-tech industrial projects. This year's signed "dual hundred-billion" projects are prime examples, targeting AI chips, semiconductor packaging, and new energy batteries—all hot sectors with trillion-yuan or even multi-trillion-yuan potential, each possessing significant industrial pulling power.

Currently, as a new round of technological revolution and industrial transformation accelerates breakthroughs, artificial intelligence, integrated circuits, and new energy are all in high-growth cycles. These projects hold explosive potential, with possibilities like "full capacity upon production." More crucially, the leaders are almost all leading enterprises and chain masters. In the future, they are expected to unleash a comprehensive synergistic effect of "one project driving an entire chain, one leader driving a cluster of industries" through industrial chain collaboration.

"The investment of today is the industrial pillar of tomorrow and the urban future of the day after." This statement is finding increasingly vivid confirmation in Huangpu.

02 Building a New High-Tech Industry: This Major Industrial District Takes Action.

In the national layout, the "15th Five-Year Plan" period is a critical time for "building a new high-tech industry," with the core focus on cultivating a group of emerging pillar industries and future industries. According to the plan, six emerging pillar industries—integrated circuits, aerospace, biomedicine, low-altitude economy, new energy storage, and intelligent robotics—along with six future industries—embodied intelligence, hydrogen energy, 6G, etc.—have become key development directions.

Reviewing the key projects introduced by Huangpu in recent years, they align closely with national strategic directions and major industrial transformation trends, demonstrating foresight and acumen in seizing new opportunities.

Looking back over the past few years, Huangpu has facilitated the production launch of major productivity backbone projects like the Xpeng Motors Intelligent Manufacturing Base and China Star Optoelectronics t9, introduced and nurtured low-altitude and commercial aerospace leaders such as EHang, Huitian, XAG, and CAS Space, and attracted continued "additional investment" from foreign giants like Procter & Gamble, AstraZeneca, ZEISS, and Thermo Fisher Scientific.

In the inaugural year of the "15th Five-Year Plan," industrial renewal is accelerating further. Since the beginning of this year alone, Huangpu has signed agreements for 215 projects, with a total contracted investment of approximately 85.9 billion yuan. In addition to the four major "dual hundred-billion" projects, there are also leading projects represented by Yuexin Phase IV, Panasonic multilayer substrate materials, German Rhine Manufacturing, AstraZeneca nuclear medicine, and JD.com Guangzhou Artificial Intelligence Manufacturing Industrial Park.

The successive landing of these major projects will not only fill crucial gaps in Huangpu's and Guangzhou's industrial chains but will also drive an overall leap in the manufacturing capacity of the Greater Bay Area through chain master leadership, industrial synergy, and innovation integration.

It is well known that Guangzhou's pillar industries are automobiles, electronics, and petrochemicals, leading nationally in areas like vehicle manufacturing, ultra-high-definition displays, biomedicine, low-altitude economy, and autonomous driving. However, there remains room for improvement in key areas such as high-end batteries, computing power chips, and integrated circuits.

As the main battlefield for Guangzhou's real economy and the main engine for technological innovation, the Guangzhou Development District and Huangpu District have a necessary and active role to play in reshaping the modern industrial system with advanced manufacturing, thereby expanding Guangzhou's industrial voice both nationally and globally.

The newly launched Rongjie New Energy project focuses on consumer batteries, power batteries, and new energy storage. It is a key link for the enterprise in building a complete industrial chain encompassing "lithium mining and processing—battery and equipment manufacturing—energy storage systems—recycling." It also represents a significant leap for the Guangzhou Development District and Huangpu District in high-end new energy battery manufacturing.

In terms of industrial layout, the project can precisely meet the cutting-edge needs of Guangzhou and even the Greater Bay Area in low-altitude economy, intelligent robotics, and new energy vehicle industries. Regionally, Huangpu's base complements and coordinates with the Nansha base in a north-south呼应 pattern, aiding Guangzhou in building a hundred-billion-yuan new energy cluster.

In comparison, the two "dual hundred-billion" projects signed earlier this year—high-end PCB circuit boards and AI integrated circuit substrates—are closely related to AI. The former focuses on the AI server PCB track, while the latter concentrates on semiconductor packaging, both being in periods of rapid capacity expansion.

The arrival of these two major projects will undoubtedly solidify Huangpu's competitiveness in AI computing power and semiconductors, providing stronger support for Huangpu District's goal of becoming a core bearer for China's "third pole" in integrated circuits.

Years ago, Huangpu District had already deeply布局 in the integrated circuit field, initially establishing a complete industrial chain integrating "chip design—wafer manufacturing—packaging and testing—equipment, materials, and components—end applications." In recent years, Huangpu's integrated circuit industry has maintained double-digit growth, becoming the core support for Guangzhou's semiconductor and integrated circuit industrial layout characterized by "one core, two poles, multiple points."

Thus, Huangpu's transition between old and new动能 and its industrial transformation and upgrading concern not just the district itself but will also助力 the overall industrial leap of Guangzhou and even the Greater Bay Area.

03 Guangzhou Aims for 6 Trillion Yuan GDP: How Important is Huangpu?

The newly issued Guangzhou "15th Five-Year Plan" outline proposes achieving a GDP of 4.5 trillion yuan by 2030 and doubling the 2023 figure to reach 6 trillion yuan by 2035, effectively "building a new Guangzhou."

Achieving this goal leaves no room for shortcuts and relies on the strategic支撑 of "industry first, manufacturing立市." In the plan, Guangzhou lists "building a strong national advanced manufacturing base" as the first among major tasks, proposing to create advanced manufacturing clusters with trillion-yuan leadership,千亿支撑, and百亿跟进, highlighting the development重心.

As Guangzhou's top industrial district, the Guangzhou Development District and Huangpu District are势必要 act as the "vanguard" in this new journey of "二次创业."

According to incomplete statistics, in the Guangzhou "15th Five-Year Plan" outline, "Huangpu" is directly mentioned 35 times, and "three cities and one island" including Science City, Knowledge City, Maritime Silk Road City, and Bio-Island are mentioned over 20 times, mostly in高度相关 with industry.

According to the plan, in new tracks such as new energy vehicles, display panels, chips, new materials, fashion consumption, low-altitude economy, commercial aerospace, new energy storage, and quantum technology, Huangpu District has been entrusted with重任 multiple times.

This means that during the "15th Five-Year Plan" period, Huangpu must not only consolidate its own industrial "fundamental base" but also create an emerging industry "growth base" and future industry "potential base" for Guangzhou, forming more high-level, competitive power sources and growth poles.

Facing this重任, Huangpu District stated in its government work report that during the "15th Five-Year Plan" period, it will accelerate the creation of a modern industrial cluster system of "2 at the 200-billion-yuan level, 5 at the 100-billion-yuan level, and N at the 50-billion-yuan level," aiming for the total output value of industries above designated size to突破 1 trillion yuan.

Compared with the "14th Five-Year Plan" period, Huangpu's new display and intelligent connected vehicle industries are to reach the 200-billion-yuan level, artificial intelligence and biomedicine are to跻身 the 100-billion-yuan level, and low-altitude economy & aerospace, intelligent equipment, and semiconductors & integrated circuits are to跃升 to the 50-billion-yuan level.

Thus, Huangpu's trillion-yuan manufacturing ambition does not rely purely on scale nor停留在 traditional industries. It is led by emerging industries,对内 strengthening new quality productive forces and对外 seizing the global technological high ground.

This is a systematic reshaping of the industrial structure, a deep转换 of development动能, and a vivid practice of innovation-driven development, all highlighting the intrinsic value of trillion-yuan manufacturing.

With trillion-yuan manufacturing on the horizon, Huangpu's economy is poised to reach new heights, contributing greater力量 to Guangzhou's future aim of becoming a 6-trillion-yuan economic powerhouse.