SFC Market Talk｜Guangdong is leading the way to global success with innovation

Editor's note: Mohamed Asif, a special commentator for SFC, is theCEO of Sun Siyam Media in Maldives. The article reflects the author's opinions and not necessarily the views of SFC.

Last December, I had the privilege of visiting Guangzhou, the capital city of Guangdong province in Southern China, to attend the World Media Summit. During my time there, I had the opportunity to explore various places in the city and immerse myself in the ongoing development within the province of Guangdong.

I observed that Guangdong boasts a highly dynamic economy and occupies a strategically significant location. The province has embarked on a journey towards high-quality development and innovations, positioning itself as a global leader in various sectors. Throughout my visit, I witnessed numerous projects underway, indicative of this commitment to progress.

Over the years, Guangdong has witnessed significant advancements across multiple industries, driven by its dedication to innovation and technological progress. A key pillar of Guangdong's high-quality development strategy is its emphasis on innovation-driven growth. The province hosts a vibrant ecosystem of research institutions, universities, and technology parks, fostering collaboration between academia and industry to drive innovation and entrepreneurship. I had the privilege of visiting some of these institutions and was impressed by the immense potential and growth they represent.

In recent years, Guangdong has made substantial investments in emerging technologies such as artificial intelligence, biotechnology, and renewable energy. These investments have not only spurred the province's economic growth but have also positioned it as a hub for cutting-edge research and development.

Guangdong's commitment to sustainability and environmental stewardship has led to the adoption of green technologies and initiatives aimed at reducing carbon emissions and promoting eco-friendly practices. From renewable energy projects to waste management solutions, Guangdong actively pursues initiatives that contribute to both economic growth and environmental conservation.

Furthermore, in addition to technological innovation, Guangdong is focusing on enhancing the quality of its infrastructure and urban development. The province has undertaken ambitious projects to improve transportation networks, upgrade urban infrastructure, and create smart cities equipped with advanced digital technologies.

I also witnessed Guangdong's efforts towards high-quality development extending beyond its borders, with initiatives such as the Guangdong-Hong Kong-Macao Greater Bay Area development plan. This ambitious initiative seeks to integrate the economies of Guangdong, Hong Kong, and Macao into a world-class economic powerhouse, fostering greater collaboration and synergy across the region.

I firmly believe that Guangdong's pursuit of high-quality development and innovations underscores its commitment to sustainable growth, technological advancement, and global competitiveness. As the province continues to embrace innovation and harness the potential of emerging technologies, it is poised to remain a driving force in China's economic transformation and contribute to shaping the future of the global economy. I wish the fortunate citizens of Guangdong province a bright future, and for those who visit the province, an amazing and spectacular time spent.

策划：于晓娜

监制：施诗

责任编辑：李依农

制作：蔡于恬

新媒体统筹：丁青云 曾婷芳 赖禧 曾昭发

海外运营监制: 黄燕淑

海外运营内容统筹: 黄子豪

海外运营编辑：庄欢 吴婉婕 龙李华 张伟韬

出品：南方财经全媒体集团