Wuhan, capital city of central China’s Hubei Province, saw a comprehensive recovery growth in industry, investment, consumption, revenue, finance, and foreign trade in the first two months of 2021, and the major economic indicators of which have basically returned to the level of the same period in 2019, the Wuhan government reported on March 16.
Compared with the January - February period of 2019, the industrial added value of the city presented a good performance, an increase of 28.3 percent; 11 out of the 12 key industrial sectors achieved growth, especially the three sectors related to pharmaceutical manufacturing, tobacco products, electronic equipment manufacturing witnessed a jump of over 70 percent; as the development engines for the city, the three development zones completed double-digit growth rates.
The investment to the city continued the trend of accelerated recoverysince last year. As of March 5, 187 projects worth more than 100 million yuaneach broke ground. The total fixed asset investment in the first two months recovered to 96.5 percent of the same period in 2019.
Benefiting from Spring Festival and flower viewing tours, consumer demand picked up steam quickly in the city, reaching 90 percent of the same period in 2019.
In the first two months, imports and exports of the city both surged significantly, marking more than 60-percent increase overthe same period in 2019. (en.hubei.gov.cn by Ruan Xinqi)