The most populous city in central China, Wuhan is a major transportation hub, and the political, economic, financial, cultural, and educational center of central China. The city is a strong iron and steel production base and is home to Wuhan Iron and Steel group, the third largest iron and steel producer in China. Other major industries include optical-electronic, automobiles, new pharmaceutical, biology engineering, new materials and environmental protection. Future plans include the development of modern manufacturing industries, technology improvement, and the formation of industry clusters.
Wuhan's GDP grew 11.4% RMB800.4 billion in 2012.