en.Wedoany.com Reported - Recently, Guangzhou officially released the "15th Five-Year Plan" Outline, proposing to achieve a regional GDP of approximately 4.5 trillion yuan by 2030, with an average annual growth rate of around 5%, taking the lead in basically realizing socialist modernization; looking ahead to 2035, the GDP is expected to double from 2023 to 6 trillion yuan, achieving the goal of "Rebuilding a New Guangzhou." To support this target, Guangzhou has planned nearly 600 major projects across nine categories, with a total investment exceeding 3 trillion yuan, aiming for a cumulative fixed asset investment of no less than 5 trillion yuan over five years. According to estimates, the four major areas of urban renewal, transportation infrastructure, underground pipelines, and industrial parks will collectively drive a demand for aggregates of approximately 430 million tons, securing the most certain incremental market for the aggregate industry over the next decade.
The "15th Five-Year Plan" Outline for Guangzhou was officially released by Sun Zhiyang, Deputy Secretary of the Guangzhou Municipal Committee and Mayor, at a press conference. The plan proposes 29 key indicators covering six major areas: economic development, technological innovation, opening up, green and low-carbon development, people's livelihood and well-being, and security assurance. Among them, the target for total economic output is an average annual growth rate of around 5%, with growth expectations higher than the national and provincial averages. As a key gateway city connecting the Guangdong-Hong Kong-Macao Greater Bay Area, Guangzhou's Baiyun International Airport handled 83.58 million passenger trips in 2025 (ranking ninth globally), and the Port of Guangzhou handled 28.05 million TEUs of container throughput (ranking sixth globally), laying the foundation for the Greater Bay Area's infrastructure construction.
In terms of support from major projects, among the 600 major projects planned by Guangzhou, cross-regional transportation projects such as the Guangzhou Nansha Port Area project, the Guangzhou-Zhuhai-Macao High-Speed Railway (the Hezhou to Hengqin section started construction in 2026), and the Guangqingyong High-Speed Railway (starting construction in 2026) have been included in the national and provincial "overall plans," positioned as key engines driving investment. At the same time, urban renewal actions have been listed as an important lever for Guangzhou's urban development during the "15th Five-Year Plan" period. The plan specifies the use of methods such as demolition and new construction, renovation and improvement, and a combination of demolition and renovation to promote the transformation of 75 urban villages by category, focusing on areas around major transportation hubs such as Guangzhou Railway Station, Baiyun Station, and Baiyun Airport, and promoting the contiguous transformation of areas like Luochongwei, Bai'etan, and the historical and cultural districts of West Haizhu. In addition, renovation projects such as the upgrading of old residential communities and the revitalization of industrial land through "industrial-to-industrial" conversion will also be intensively released.
According to estimates by industry institutions, during the "15th Five-Year Plan" period, Guangzhou's fixed asset investment will reach approximately 5 trillion yuan, with total investment in the four core areas of urban renewal, transportation infrastructure, industrial parks, and underground pipelines and water conservancy amounting to approximately 2.95 trillion yuan. Among them, urban renewal investment is about 1 trillion yuan, with the strongest demand sustainability; transportation infrastructure investment is about 350 billion yuan, with extremely strong demand for high-grade aggregates; underground pipelines and water conservancy investment is about 1.1 trillion yuan, representing the area with the highest density of aggregate consumption; and industrial park investment is about 500 billion yuan, forming a stable base. These four areas will directly drive a demand for aggregates of approximately 430 million tons. As a result, Guangzhou's aggregate market is entering a stable demand period driven by the dual engines of "major infrastructure construction + urban renewal," and companies with environmentally friendly production processes, regional rapid distribution capabilities, and the ability to supply high-quality aggregates will have a competitive advantage in this rising market.
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