BEIJING, Dec. 21 (Xinhua) -- Zhuhai city in south China's Guangdong Province is speeding up cultivating five industrial clusters at hundred billion yuan-level for integrated circuits, biomedicine, new materials, new energy and high-end printing equipment sectors, aiming to drive economic growth of the Guangdong-Hong Kong-Macao Greater Bay Area, Yuan Xuedong, deputy secretary general of Zhuhai municipal government said last Saturday.
In the meantime, as an important city in the Greater Bay Area, Zhuhai has stepped up efforts to build finance into a pillar industry in order to facilitate development of Macao and set up a regional financial center, according to Yuan.
He added that in the first three quarters, the added value of Zhuhai's financial industry reached 31.98 billion yuan, showing a year-on-year increase of 12.1 percent and accounting for 12.75 percent of the city's GDP. During the period, Zhuhai's financial sector contributed 227.86 percent to its GDP growth.
In 2019, Zhuhai's GDP reached 343.59 billion yuan, with per capita GDP standing at 175,500 yuan, ranking fourth in the country. In the first three quarters of this year, despite the impact of the COVID-19 pandemic, Zhuhai's economy managed to achieve a positive growth of 0.6 percent and its GDP amounted to 250.85 billion yuan, said Yuan. (Edited by Su Dan with Xinhua Silk Road, sudan@xinhua.org)
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