According to CoinMeta, the Guangzhou Municipal Bureau of Statistics released data on the economic performance of Guangzhou from January to July 2026. In the first seven months of this year, the added value of industrial enterprises above designated size in the city increased by 5.5% year-on-year, the total retail sales increased by 2.7% year-on-year, and investment in high-tech manufacturing grew by 28.6%. In the first half of the year, the revenue of service industries above designated size also increased by 12% year-on-year. The city's industrial production continued to grow steadily, modern service industries developed favorably, emerging drivers of growth accelerated, and the industrial structure improved towards a newer and better state. Among the three pillar industries, the automobile manufacturing sector grew by 7.7%, the electronic products manufacturing sector by 10.8%, and the petrochemical manufacturing sector by 3.7%.