In the recent decade, Guangxi undergoes rapid economic growth. Annual average increase rate is about 10.7%, higher than the national increasing rate compared with the same year. The economic aggregate of Guangxi ranks 17th among the provinces, municipalities directly under the Central Government and autonomous regions in China and the second among 12 provinces and autonomous regions in the west China. In 2005, Guangxi's GDP was up to RBM 406.33 billion for the first time.

(I) Industry
For years development, Guangxi has formed a complete industrial system, giving birth to a group of competitive industries such as sugar refinery, non-ferrous metal refinery, metallurgy, electric power, automobile, machinery, construction material, food and medical industry. Thus, Guangxi has possessed good conditions for industrial cooperation between enterprises from home and abroad. 
-----Sugar refinery industry. The sugar refinery industry holds the balance in the country. The sugar production volume in Guangxi accounts for over half of that in China. The industrial chain of sugar refinery industry is long. The technology of comprehensive utilization has reached the international advanced level, covering the fields of making paper and fiberboard from bagasse, making amino acid, single-cell protein and alcohol from molasses, extracting organic compound such as acetone as well producing compound fertilizer with sludge etc. Meanwhile, the production cost of sugar production in Guangxi is RMB100-200 lower than those in other sugar production areas, showing strong market competitive power.
-----Electric power industry. According to its characteristics of natural resources, Guangxi develops the electric power industry following the principle of 搆eep the hydropower remaining dominant and allow thermal power; lay equal stress on large, medium and small scales; lay equal stress on power supply and power network? At present, Guangxi is expediting the preliminary works for a number of large-scale power supply projects, including hydropower projects of Qiaogong power project, Datengxia power supply project and Wacun power supply project as well the thermal projects of Nanning Power Station, Baise Power Station and Guidong Power Station. The total installed capacity is over 10 million kilowatts. By 2010, the total installed capacity throughout Guangxi will reach 25.60 million kilowatts. By 2020, the capacity will hit about 50 million kilowatts. By then, Guangxi will gradually become an important base for the State's program of “West-to-East power transmission?
-----Mechanical industry. The mechanical industry of Guangxi has 11 branch industries fostering a number of competent enterprises. Yuchai Machinery Co. Ltd. is the largest manufacturer of vehicle combustion engine in China. Liuzhou Construction Equipment Manufactory is the biggest producer of prestressing machines and tools in China. Guangxi Liugong Machinery Co. Ltd. is the leading enterprise of loader production. The production of air compressor, lathe and agricultural machinery has certain scope and the products are sold throughout China and exported to foreign countries.
-----Automobile industry. Automobile industry is a backbone industry which is under unremitting fostering by Guangxi. The three major automobile groups of FAW, SAIC and Dongfeng Motor as well as international automobile manufacturers of GM, Daewoo and Renault have established production bases in Guangxi. Meanwhile, the automobile spares industry has been gradually formed centralizing Liuzhou, Yulin, Nanning and Guilin and the coordinating capacity for the automobile industry has been further strengthened. At present, through availing of the advantages of funds, technology, brand and management of the home and abroad reputed automobile manufacturers, Guangxi enhances the technical improvement of the automobile industry and increases the production capacity. In this connection, Liuzhou Yanghe Industrial New Zone is built as the industrial base of production of automobile spares. Guangxi plans to realize a production volume of 500000 vehicles in 2005 and tries best to become an important automobile industrial base in China.
-----Aluminum industry. Aluminum industry is a pillar industry that has the most development potential and competitiveness in Guangxi. By 2010, Guangxi will form an annual production scale of 5 million tons of aluminum oxide, 1.5 million tons of electrolytic aluminum and 1.2 million tons of aluminum processing, becoming an important aluminum industrial base in China or even in Asia.
-----Integration of forest, pulp and paper. Guangxi is one of the important forestry areas in southern China. The total area suitable for growing forest is 13.60 million hectares, accounting for 57.7% of the total land area and standing in the first place among the key provinces and autonomous regions in southern China for developing quick-growing forests. The current forest area of Guangxi is 9.82 million hectares and the forest covering rate is 41.3%. Main forest species include commercial forest, such as eucalyptus, pine, fir and bamboo etc., and economic forest, such as anise, chestnut, cassia, tung and Kuding tea etc. Currently, Guangxi is integrating the construction of quick-growing forest base with the industries of forest pulp paper and forest board production. As soon as the felling circle comes, the existing one million hectares of quick-growing forest will satisfy the annual demand for production of 5-6 million tons of paper pulp.
-----Ferrous metallurgic industry. Guangxi currently has annual production capacity of 2.5 million tons of steel, 0.6 million tons of iron alloy and 0.8 million tons of manganese ore. In the coastal area, with the advantageous exterior construction conditions of building 200000t deep-water berths and the broad markets in southwest China and the Southeast Asia, Guangxi plans to establish large-scale incorporated business enterprise for steel and iron production.
-----Construction materials industry. The construction materials of Guangxi include cement, glass, talcum, stone and barite etc., having certain competitive capacity in China and reputation in the Southeast Asia. The total reserves of limestone of Guangxi reach 2.37 billion tons. In 2003, the cement production volume reached 26.65 million tons. The arenaceous quartz of Guangxi is of grade and quality serving as the high-quality materials for production of high-quality glass. The known reserves are over 25 million tons, standing in the second place in China. The natural stone of Guangxi includes mainly three series of granite, marble and dolerite, of which, the leading product of “Cenxi red” granite ranks at the second place among the 39 varieties of China, showing obvious competitive capacity in the aspects of resources, price and exterior development conditions.
-----Medical industry. Based on the rich resources of Chinese herbal medicines, Guangxi can produce 13 dosage patterns inclusive of 410 varieties of Chinese medicines, of which, 18 varieties belong to the state's new medicine and 55 varieties belong to the state's protected Chinese medicine. A number of good brands such as watermelon frost compound, Sanjin tablet and Gutong plaster have been formed. Prepared Chinese medicines such as Yunxianjing, Jigucao capsule and Huahong granule have special curative effects. The production and sale volume of some of these products stand in the first place in China. Up to now, the pharmaceutical enterprises of Guangxi have completed the GMP improvement and endeavor to promote GAP plantation research and production base. 
-----Foodstuff industry. Numerous varieties of tropical and subtropical fruits, vegetables, aquatic products and featured economic crops have provided with rich raw materials for the foodstuff industry of Guangxi. By now, a number of famous brands enjoying good reputation in home and abroad markets have been formed, including HAVLE foodstuff, Wuzhou Bingquan foodstuff, Liuzhou Golden Throat and Xiangshan Brand can etc. The production volume of canned products of Guangxi ranks the third in China

(II) Agriculture
The unique geographical and climate characteristics of Guangxi provide with good productive conditions for the plantation, animal husbandry, fishery and forestry, giving rise to the competitive featured agriculture. Especially, sugar cane plantation has become the pillar sector for the agriculture and industry of Guangxi. Production of Chinese herbal medicines and growing of vegetables in autumn and winter have become the rising agriculture in Guangxi in recent years. The main fruits of Guangxi are Shatian pomelo, mango, banana, pineapple, litchi and longan. Among forestry products, the rosin production volume of Guangxi ranked the first in China, tung oil nut in the second and oil-tea camellia seed in the third. Guangxi has broad mountainous areas and temperate climate being suitable for growing forest, and thus the integrative development of forest, pulp and paper making enjoys the unique advantage.

(III) The tertiary industry
In recent years, the tertiary industry of Guangxi undergoes rapid development and becomes one of the important factors that fuel the economic growth. From 2001 to 2005, the average year-on-year growth of tertiary industry of Guangxi was about 11% . In addition, the trades of wholesale, retail, transportation, postal service and warehousing etc. have formed certain scope. Finance, securities and insurance trades develop steadily and tourism has become a new pillar industry of Guangxi.