Hubei’s economy maintained stable performance in the first ten months of this year, with major economic indicators posting growths, official data showedon November 17.
From January to October,the province’s added value of industries above designated size went up5.8percent year on year, which was 1.2 percentage points higher than the national average.
A number of key industries achieved double-digit growth during the period. The added value ofelectric industry, chemical industry, non-ferrous metal industry and oil processing industry registered a year-on-year growth of18.8 percent, 20.6 percent, 38.6 percent and 13.0 percent, respectively.
In the January-October period, Hubei’s investment in fixed assets jumped by5.8percent, 2.9 percentage points higher than the national average.
In terms of key areas, industrialand infrastructureinvestment jumped by 9.7percent and 9.0percent compared to the same period last year.
The total retail sales of consumer goods in the provincerepresentedayear-on-yearincrease of 8.7percent toover 1.87trillion yuanover the same period.(en.hubei.gov.cn by Zhang Yawei）