BUSINESS China's Wuhan sees robust GDP growth in H1


China's Wuhan sees robust GDP growth in H1


11:27, July 21, 2021

Lights illuminate Optics Valley Square at night in the East Lake High-tech Development Zone in Wuhan, Hubei. (Photo: agencies)

WUHAN -- Wuhan, the capital city of Central China's Hubei province, once hit hard by COVID-19 in 2020, registered a 28.6 percent growth in its gross domestic product (GDP) in the first half (H1) of this year.

The GDP of Wuhan totaled nearly 825.15 billion yuan (about $127.37 billion) in H1, according to the municipal statistics bureau. The figure was up 3.5 percent from that of the same period in 2019, showing a good momentum related to economic recovery and development.

The industrial output of the city's major enterprises increased 32.5 percent year-on-year in the January-June period, with the manufacture of computers, communications devices and other electronic equipment seeing double-digit growth.

In the first half of 2021, Wuhan's fixed-asset investment rose 77.5 percent from the same period last year.

Wuhan has achieved the preliminary goal of making up for the negative growth due to COVID-19 last year, said Jiang Yu, deputy director of the Wuhan statistics bureau.

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue