Guangzhou Launches Digital Economy Boost with Blockchain and AI Focus

Guangzhou, China, has unveiled new measures to bolster its investment attraction strategy, with a particular focus on key digital service providers operating in cutting-edge fields such as blockchain and artificial intelligence. The initiative, outlined in the “Implementation Plan for Implementing the Opinions on Implementing Financial Support for Guangzhou Nansha to Deepen the Guangdong-Hong Kong-Macao Comprehensive Cooperation Oriented to the World,” underscores the city’s commitment to advancing its digital economy and supporting innovation-driven growth [1].

The plan emphasizes the need to nurture local digital service institutions and attract high-quality firms to strengthen the city’s digital infrastructure. It encourages collaboration between digital technology companies and Nansha financial institutions, promoting financial scenario integration and expanding the scope of digital applications. The initiative also proposes the establishment of data and computing centers, R&D certification centers, and regulatory platforms in Nansha that integrate key digital technologies with financial services [1].

A key objective of the plan is to improve the city’s data exchange capabilities and enhance comprehensive services for data circulation transactions. By working with financial institutions, credit agencies, and digital asset trading platforms, Guangzhou aims to innovate digital financial products and explore cross-border regulatory frameworks for digital assets [1]. This includes potential collaboration with licensed digital asset trading platforms in the China Hong Kong region, signaling Guangzhou’s interest in bridging regional financial systems while maintaining regulatory oversight.

The move reflects a broader trend in China of leveraging advanced technologies to drive economic modernization and digital transformation. Guangzhou’s strategic emphasis on blockchain and artificial intelligence is part of a national push to strengthen technological self-reliance and global competitiveness. The city’s policy efforts are designed not only to attract foreign and domestic digital firms but also to create a diversified and resilient local economy [1].

The initiative is expected to generate momentum for investment in Guangzhou’s digital sector, especially as demand for innovative financial and technology solutions continues to grow. With a growing talent pool and supportive regulatory environment, the city is positioning itself as a favorable location for digital enterprises looking to establish or expand their presence in China. This strategic direction supports both local and national goals of technological advancement and economic resilience [1].

Source: [1] BlockBeats (https://www.theblockbeats.info/en/flash/307046)