Wuhan City

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.

The automotive industry performed particularly strongly in 2010, with output reaching RMB105 billion ($15.5 billion), and becoming the first industry in the city to top annual output of more than RMB100 billion. Additionally, Wuhan is a fixture for shopping in central China, with retail consumption accounting for 47% of GDP in 2008, the second highest amongst comparable cities.

Wuhan City Quick Facts

Area
8,494 km2
Population:
9.1 million
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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Wuhan
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What's Inside:

Monthly Updates of Key Wuhan Economic Indicators
Data on Wuhan's leading Industries and Companies
Detailed profile of Wuhan's consumers and consumption habits
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Top 5 Wuhan City 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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