What's new: China's manufacturing hub Guangzhou reported its GPD grew 4.7% in the first half of 2023, the slowest among three first-tier megacities. Entering the second quarter, Guangzhou's economic development has been improving on a monthly basis, driving the GDP growth in the first half to improve by 2.9 percentage points compared to the first quarter, the Guangzhou Municipal Bureau of Statistics said Monday.

https://www.caixinglobal.com/2023-07-25/guangzhous-gdp-grows-47-in-first-half-slower-than-beijing-shanghai-102082082.html

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