The regional GDP of Guangming District reached 25.331 billion yuan (US$3.91 billion) in the first quarter of this year, up 25.4 percent with a two-year average growth of 7.8 percent, according to the unified accounting results of Shenzhen's GDP.

In the first quarter, Guangming showed outstanding performance in terms of industrial economy and commercial consumption. The added value of industrial enterprises above designated size increased by 31.1 percent, up 18.3 percent from that of 2019, with a two-year average growth of 8.8 percent.

Regarding industries, biological drug products manufacturing, power transmission and distribution and control equipment manufacturing, and the computer manufacturing industry grew 76.1 percent, 58.7 percent and 164.1 percent respectively.

From the perspective of business operations, more than half of the industrial enterprises above designated size in Guangming District witnessed a growth of over 50 percent in their added value in the first quarter. The profit of industrial enterprises above designated size increased by 424.8 percent year-on-year.

Commercial consumption showed an accelerated rebound, with total retail sales of consumer goods in the first quarter reaching 5.047 billion yuan, up 37.7 percent from the same period last year and 14.6 percent over the same period in 2019. The two-year average growth is 7 percent.

Guangming's tourism industry is also booming. The number of tourists it received in the first quarter increased 163.37 percent year-on-year, with a revenue growth of 356.14 percent. Hongqiao Park ranked sixth among the 10 most visited places in China during the Chinese New Year, according to a list published in February by Douyin.