A staff member works at a microwave oven factory in Foshan City, south China's Guangdong Province, April 1, 2021. (Xinhua/Li Jiale)
GUANGZHOU, Jan. 12 (Xinhua) -- China's economic powerhouse Guangdong Province has set a GDP growth target of at least 5 percent for 2023, Guangdong governor Wang Weizhong said Thursday.
The GDP of the province was estimated at 12.8 trillion yuan (about 1.9 trillion U.S. dollars) in 2022, said Wang as he delivered the government work report at the annual session of the Guangdong Provincial People's Congress.
A leading foreign trade player in China and a manufacturing hub dubbed as the "world's factory," Guangdong accounted for about one-tenth of China's GDP in 2021.
The report said Guangdong aims to accelerate the development of its digital economy and expand the 5G network to cover most of its rural and urban areas in 2023.
The province will push forward the digital transformation of 5,000 "industrial enterprises above a designated size," referring to industrial firms with an annual business turnover of at least 20 million yuan.
Guangdong has been vigorously promoting the digital transformation of its leading manufacturing companies, while building Guangzhou, Shenzhen, Foshan, and Dongguan into demonstration cities for the digital transformation of manufacturing, according to Guangdong's department of industry and information technology.
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