On January 14, the Financial and Economic Affairs Committee of the Guangzhou Municipal Party Committee convened a meeting. At the gathering, Feng Zhonghua, the Secretary of the Municipal Party Committee and Head of the Financial and Economic Affairs Committee, emphasized that to drive steady industrial advancement and unlock untapped potential, simultaneous efforts are imperative on both the production and sales fronts. It's crucial to extend comprehensive support to pivotal enterprises, enabling them to scale up production and seize market opportunities, thereby nurturing consistent growth in key sectors such as automotive, electronics, and pharmaceuticals. Concurrently, there's a pressing need to nurture and fortify burgeoning industries like the low-altitude economy, autonomous driving, and artificial intelligence (AI), injecting fresh vigor into economic expansion.

Regarding the service sector, tailored policies ought to be instituted to bolster the growth of platform-based enterprises, ensure the stable functioning of the financial industry, propel the steady progression of the real estate market through the development of 'premium housing,' expand the wholesale sector's footprint, and harness the service sector's pivotal role in underpinning the economy. Moreover, it's essential to broaden effective investment avenues, enhance investment efficiency, and capitalize on special-purpose bonds and innovative policy-driven financial tools to ramp up investments in industries, urban rejuvenation projects, infrastructure, and beyond. This strategy will invigorate private investment, expedite project implementation, and swiftly yield more tangible outcomes.