Baiyun has been committed to the development of the Guangdong-Hong Kong-Macao Greater Bay Area and emphasized on the construction of Guangzhou Private Science and Technology Park, Baiyun Lake Digital Technology City and Modern Urban Agriculture Demonstration Zone. It will strive to spur new vitality and develop itself into a central urban area with a focus on comprehensive urban functions, integrated cultural strength, the modern service industry and a modern and international business environment.

In 2020, Baiyun’s GDP reached 224.5 billion yuan ($35.26 billion) and has been recognized as one of China’s top 100 districts with comprehensive strength for five consecutive years. The fixed-asset investment of the district exceeded 100 billion yuan for the first time in the year, ranking among the top 10 areas with great investment potential in China.

With the settlement of a number of prospective projects such as the Huawei Guangzhou Research and Development Center and Zhongguancun Information Valley, Baiyun has attracted 471,000 market entities.