Harry Wu, journalist for Southern Finance Omnimedia Corp (SFC)
With the rise of DeepSeek, the world has seen the resilience and vitality of China's economy and high-tech industry.
“I have a very positive expectation about the overall China development and transition from real estate into innovation, high tech and artificial intelligence,” Michele Geraci, Former Undersecretary of State at the Italian Ministry of Economic Development, said in a Dialogue with SFC recently.
After Guangdong's GDP exceeded 13 trillion yuan for the first time in 2023, it exceeded 14 trillion yuan in 2024, and its total economic output ranked first in China for 36 consecutive years.
“Guangdong province is one of the most important places in China and therefore in the world, with companies like Tencent, HUAWEI and many others,” he added. “Guangdong is a class of AI and high tech. ”
Looking into the future, Geraci thinks Guangdong's economy will grow steadily with the development of financial services, technology, transport infrastructure, etc. And the Greater Bay Area is a good access to Southeast Asia. “I'm very positive about Guangdong’s economic prospective,” he emphasized.
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