Guangdong sees its GDP rise to over $500b in the Q1

South China's Guangdong province reported a regional GDP of 3.5 trillion yuan ($507.25 billion) in the first quarter, up 4.6 percent year-on-year, as key economic indicators showed a steady recovery.

Data released by the provincial statistics bureau indicated that industrial output, measured by value added of enterprises above designated size, rose 5.4 percent year-on-year, 2.4 percentage points higher than the full-year growth rate of 2025. The service sector expanded 4.5 percent, while total retail sales of consumer goods increased 2.5 percent, outperforming the national average.

Investment also stabilized. Fixed-asset investment edged up 0.2 percent year-on-year, maintaining growth for a second consecutive month, while investment excluding real estate rose 5.8 percent, the bureau said in a statement on Tuesday.

Agricultural production remained stable, with the combined output value of agriculture, forestry, animal husbandry and fishery growing 4.3 percent year-on-year, it added.

Despite external uncertainties, the province said its solid economic foundation, emerging growth drivers and ongoing policy support will sustain recovery momentum in the months ahead.