Guangzhou Residential

Asian Cities

1H 2018

 

City overview
Guangzhou continues to attract people from all over China. It offers a modern living standard, high-level resources, abundant job opportunities, and a steady economy. It is not only a first-tier city in China, but also upgraded to "alpha level", being among the top 50 global cities in World Urban System Rankings, released by the Globalization and World Cities Research Network (GaWC) in June 2017.

According to the Guangzhou Statistics Bureau, Guangzhou’s Gross Domestics Product (GDP) reached RMB2.15 trillion in 2017, up 7.0% year-on-year (YoY), higher than the National GDP growth rate (6.9%), however the YoY growth was slower than last year by 1.2 percentage points (ppts).

 
 

Key contacts

Simon Smith

Simon Smith

Senior Director
Research & Consultancy

Two Exchange Square

+852 2842 4573

 

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