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Q1 Guangdong GDP grew by 4.6% year-on-year
According to the unified accounting results of regional gross domestic product, in the first quarter, Guangdong achieved a regional GDP of 3,495.034 billion yuan, with a real growth rate of 4.6%. Among them, the added value of industrial enterprises above designated size increased by 5.4% year-on-year, with the growth rate 2.4 percentage points higher than the full year of 2025; the added value of the service industry increased by 4.5% year-on-year; the total retail sales of consumer goods increased by 2.5% year-on-year, with a growth rate higher than the national average. In addition, fixed asset investment increased by 0.2% year-on-year, maintaining positive growth for two consecutive months; excluding real estate development, the province’s fixed asset investment grew by 5.8%. (Southern Daily)