The gross domestic product of Guangxi in the first quarter of 2025 reached 683.392 billion yuan (RMB, the same below), a year-on-year increase of 5.8% at constant prices. This not only demonstrates the resilience of development, but also highlights the important position of Guangxi as a hub for China-ASEAN economic and trade.
The innovative development of industrial parks is an important driving force for the economic growth in Guangxi. Yao Hua, director of the Institute of Sociology of the Guangxi Academy of Social Sciences, said that at present, Guangxi is promoting the construction of the China-ASEAN Industrial Cooperation Zone as well as border and port-vicinity industrial parks to build a stable and reliable supply chain for the cross-regional and cross-border industrial chain. In the first quarter of this year, Guangxi signed 627 new investment projects, an increase of 13.3%. Among them, the investment in newly signed manufacturing projects accounted for 77.7% of the total investment, providing a foundation for sustained economic growth.
Recently, the project signing ceremony of the China-ASEAN AI Innovation and Cooperation Center was held in Nanning. 40 projects, including the China-ASEAN cross-border e-commerce model and cross-border trusted data space, were signed together, involving an investment amount of over 7.9 billion yuan. In March of this year, Guangxi issued “Guangxi ‘Artificial Intelligence + Manufacturing’ Action Plan (2025-2027)”, proposing to attract leading AI companies and well-known enterprises to establish regional headquarters, innovation centers, achievement transformation and digital transformation bases facing ASEAN in Guangxi, promote the output value of related industries to exceed 100 billion yuan, and initially build an AI industry highland facing ASEAN. How to achieve a transition from a “good start” to a “good year”? Yao Hua suggested that Guangxi should actively promote the development of the debut economy, develop new consumption models represented by “AI+ consumption”, promote the integration of domestic and foreign trade, and form more new economic growth points.
Reviewer 1: Huang Mengyao
Reviewer 2: Zhang Yanlan
Reviewer 3: Tang Caihong