On November 21, Guangdong Provincial Bureau of Statistics released economic data, which showed that Guangdong effectively coordinated epidemic prevention and control and economic and social development, took effective measures to stabilize the economy, and the economic operation was generally stable. From the main economic indicators of Guangdong in the first 10 months of this year, the industrial growth rate was stable but fell back, and the growth rate of consumption and foreign trade increased. Among them, the added value of industries above designated size increased by 3.0% year on year; Infrastructure investment increased by 3.8% and industrial investment increased by 14.0%; The total retail sales of consumer goods increased by 2.4% year on year; The total import and export volume of goods increased by 1.9% year on year, of which the export growth in October was 16.5%, the highest monthly growth rate since this year. "The resilience of Guangdong's economy comes from the deep industrial economic foundation formed over the past 40 years of reform and opening up. The role of industry in pulling Guangdong's economy is increasing. To further promote the high-quality development of Guangdong's industry, we should stick to the real economy as the focus of economic development, which is particularly important in the face of many uncertainties in the development environment." Dong Zhiqiang, vice dean and professor of the School of Economics and Management of South China Normal University, said. Investment in high-tech manufacturing increased by more than 30% from January to October, and the added value of Guangdong's industries above designated size was 3.21 trillion yuan, up 3.0% year on year. Among them, the mining industry grew by 2.4%, the manufacturing industry grew by 2.9%, and the power, heat, gas and water production and supply industries grew by 5.1%. By industry, the auto manufacturing industry continued to recover, with an increase of 28.4% in added value; The demand for electricity continued to increase, and the production and supply of electricity and heat increased by 5.2%; The computer, communication and other electronic equipment manufacturing industry grew by 3.0%, and the electrical machinery and equipment manufacturing industry grew by 4.0%. "The pillar industries in Guangdong's industry have maintained a steady growth, and some emerging industries have a strong growth momentum, providing support for the steady economic growth of the province." Xie Laifeng, Deputy Director of the Institute of Hong Kong, Macao and Regional Development of China (Shenzhen) Institute of Comprehensive Development, said that one of the important reasons was that leading enterprises such as BYD and Xiaopeng had driven the rapid development of automobile manufacturing, especially in the field of new energy vehicles, and gradually occupied a dominant position in the world. Steady industrial growth is also reflected in the logistics sector. From January to October, the turnover of goods in Guangdong turned from a decline of 0.1% in the first three quarters to an increase of 0.6%; Among them, the completed turnover of waterway increased by 1.9%. The development of industrial upgrading is also reflected in investment. In the first 10 months, Guangdong's industrial investment maintained a rapid growth trend, increasing by 14.0%, of which the manufacturing investment increased by 16.9%; Investment in equipment manufacturing, electronic and communication equipment manufacturing increased by 25.8% and 38.0% respectively, and investment in advanced manufacturing and high-tech manufacturing increased by 25.6% and 32.0% respectively. "This reflects the accelerated pace of transformation and upgrading of Guangdong's manufacturing industry, which is conducive to the rapid growth of new industries." Dong Zhiqiang said. In Xie Laifeng's view, this shows that the layout effect of strategic industrial clusters in the province is gradually emerging, and the level of advanced industrial base and modernization of industrial chain is gradually improving. From January to October, fixed asset investment in Guangdong decreased by 1.4% year on year. In terms of sectors, the rebound in infrastructure investment was further consolidated, with the investment volume increasing by 3. 5%