In 2014，Guangzhou’s economic growth slowed significantly. GDP reached 1.67 trillion RMB an increase of 8.6% over the previous year. The service and manufacturing industries were hit by slowdowns，although agricultural industry developed steadily. Investment and consumption growth slowed，but foreign trade exports accelerated. In 2015，the global economy is expected to increase 3.5% over the previous year，but the recovery is still weak. China will implement a more proactive fiscal policy and a more flexible prudent monetary policy，continue to deepen reform and opening-up，and promote entrepreneurship and innovation，so the economy of China is expected to maintain a steady growth. But there are still some negative factors，such as the increasing downward pressure on economic growth，the rising debt burden of local government，the growing pains of structural adjustment，etc.. Considering various factors，and estimated by the Research Group’s model，Guangzhou’s GDP is expected to grow at a rate of about 8.8% in 2015. <<