Development district reveals raft of new high-tech projects By ZHANG DANDAN | China Daily | Updated: 2021-02-24 09:37 Share CLOSE Guangzhou Development District in South China's Guangdong province displays 103 new projects, covering biopharmaceuticals, vaccine development and production, integrated circuits, the cultural industry and hydrogen fuel cell vehicles, on Sunday. XIAO KUNHUA/FOR CHINA DAILY Guangzhou Development District in South China's Guangdong province displayed 103 new projects, covering biopharmaceuticals, vaccine development and production, integrated circuits, the cultural industry and hydrogen fuel cell vehicles, on Sunday, demonstrating its determination to foster new economic growth drivers and high-quality development. Thirty-one of the new projects were signed, while the other 72 started construction at the event on Sunday. The projects have a total planned investment of 113.9 billion yuan ($17.63 billion), and are estimated to generate an annual operating income of 241.6 billion yuan, according to the local government.