Wuhan

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.

 

Wuhan Quick Facts
  • Area
    8,494 km2
  • Population:
    9100000
  • Gross domestic product:
    551.57 billion RMB
  • GDP growth:
    N/A%
  • Fixed Asset Investment:
    375.30 billion RMB
  • Utilized Foreign Direct Investment:
    3.29 billion US$
  • Imports:
    9.3 billion US$
  • Exports:
    8.75 billion US$

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Top 5 Wuhan Companies
    • Dongfeng Automobile Co (SHA: 600006) is engaged in the design, manufacture and sale of light-duty commercial vehicles. It posted RMB19.8 billion in revenues and RMB570.83 million in net profits for 2010.
    • Wuhan Iron & Steel Co (SHA: 600005) is engaged in the manufacture and distribution of iron and steel products. It posted RMB75.6 billion in revenues and RMB1.7 billion in net profits for 2010.
    • China Gezhouba Group Co (SHA: 600068) is engaged in contract construction of projects. It posted RMB36.58 billion in revenues and RMB1.38 billion in net profits for 2010.
    • Wuhan Department Store Group Co (SHE: 000501) is engaged in retailing and wholesaling. It posted RMB10.54 billion in revenues and RMB293.52 billion in net profits for 2010.
    • Jointown Pharmaceutical Group Co (SHA: 600998) is engaged in the wholesaling and regular chain retailing of pharmaceuticals and medical equipment. It posted RMB21.25 billion in revenues and RMB353.43 million in net profits for 2010.

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