On Nov 28, at the Forbes China Jiefangbei Forum, Pazhou once again topped the Forbes China Central Business District Consumer Competitiveness Top 10 list, entering the domestic top 10 for the second year in a row.

Pazhou's outstanding performance in consumer growth, internationalized consumer scenes, and innovative consumption patterns, and its strong urban economic growth have once again been recognized.

After years of deep cultivation and development, Pazhou has been honored with titles such as National E-commerce Demonstration Base and National New Industrialization Industry Demonstration Base (Big Data).

Pazhou is currently home to five major leading platforms including Tencent, TikTok, Alibaba, Vipshop, and Ant Group, driving high-quality industry development. Its mid-sized enterprises are continuously expanding to form new industry pillars, thereby boosting the development of small and medium-sized enterprises.

Pazhou representative stands on stage to receive the award. [Photo/WeChat account: gzhzfb]

By the third quarter of 2024, the Pazhou Pilot Zone had achieved an operating income of 306.48 billion yuan ($42.17 billion), increasing the scale of the new-generation information technology service industry operating income in Haizhu to 74.89 billion yuan.

Seizing the opportunities presented by the development of artificial intelligence, Haizhu has proposed the construction of the "Pazhou Algorithm Valley" to build an intelligent computing center, attracting a wide range of artificial intelligence enterprises and showing significant industrial agglomeration effects.

With the support of artificial intelligence, Pazhou's digital marketing revenue has reached 73 billion yuan, nurturing industrial internet platform enterprises and driving the rapid emergence of new formats and industries.

Pazhou Pilot Zone. [Photo/WeChat account: gzhzfb]