Guangzhou: Backing GAC Group and XPENG Motors to Widen Business Footprint, Forging a Trillion-Yuan Auto Industry Hub
2026-01-21 / Read about 0 minute
Author:小编   

On January 21, the official WeChat account of the Guangzhou Development and Reform Commission announced that, during this year's Two Sessions in Guangzhou, Wu Sa, the Secretary of the Party Group and Director of the Guangzhou Development and Reform Commission, emphasized Guangzhou's unwavering commitment to fostering both industrial and commercial growth in tandem by 2026. The city aims to spur synergistic development between industry and technology while bolstering the real economy. Specifically, Guangzhou will solidify its foothold in pivotal sectors like automotive and electronics, championing the expansion endeavors of GAC Group and XPENG Motors. The goal is to propel the automotive industry towards "intelligent and electric transformation," enhance the supply chain for key components, and ultimately cultivate a trillion-yuan automotive industry cluster. In parallel, Guangzhou is setting its sights on burgeoning sectors such as the low-altitude economy, aerospace, biomedicine, health, and artificial intelligence. By rolling out tailored policies, establishing industry-specific funds, deploying cutting-edge infrastructure, launching pilot initiatives, Guangzhou is poised to nurture these emerging fields into robust new pillars of its economy.