Investment

Wuhan, one of China's megacities, is the economic, cultural, commercial and financial center in Central China. The world's 3rd longest river, the Yangtze River, with its greatest branch, the Hanshui River, flow across the city and divide it into three parts, namely Wuchang, Hankou and Hanyang. With a long history of more than 3,500 years, Wuhan enjoys a rich cultural heritage. It has an area of 8,569.2 square kilometers with abundant fresh water resources, and a resident population of 11,212,000, ensuring rich human resources.

Economic vitality

Wuhan ranked 6th of the "Top 20 Chinese Cities with the Greatest Comprehensive Strength" in 2019 and 2020 according to the rankings published by China City Development Academy and Nielsen.

In 2020, Wuhan's GDP was 1.56 trillion yuan, ranking 9th among Chinese cities and 5th among sub-provincial cities in the country; its general public budget revenue reached 239.277 billion yuan and total retail sales of consumer goods amounted to 614.984 billion yuan, ranking 9th among cities in China; the actual investment of 932.86 billion yuan made in Wuhan is up 6.7%.

One billion people live and 90% of China's economic aggregate is generated within the area of 1,000 square kilometers around Wuhan.

Urban functions

Commerce: Wuhan is home to more than 10,000 commercial undertakings and 62 large shopping malls, with a per capita retail space of more than 3.1m².

Finance: The number of financial institutions ranks 1st in Central China while the number of financial back-office service institutions is the largest nationwide. The CDI CFCI (China Financial Center Index) indicates that Wuhan ranks 6th among sub-provincial cities in terms of comprehensive competitiveness; There are 63 companies listed domestically, placing Wuhan in the front rank of cities in central China in this regard.

Exhibition: Wuhan is one of the birthplaces of the exhibition industry in modern China. In total, it boasts 300,000m² of exhibition space and 150,000 m² of conference space. Wuhan again won the Golden Dolphin Award— "Top Ten Famous Exhibition Cities" in 2020.

Healthcare: There are 6,446 health care and medical institutions, 93,800 beds, 115,200 health workers, and 65 third-grade hospitals; Wuhan Tongji Hospital and Wuhan Union Hospital are among the top 20 hospitals in China in terms of comprehensive strength.

Urban transportation：Eleven rail transit lines are in operation, covering 360km. By 2024, a rail network of 14 lines with a total length of 606 kilometers will be formed.

Education: There are 1,794 kindergartens, 1,001 regular primary and secondary schools, 125 secondary vocational schools, and 110 higher education institutions.

Culture: Wuhan is a city of gastronomy; it has the world's top stage "Han Show Theatre"; it has hosted several high-level sports events, including Wuhan Tennis Open, Wuhan Marathon, Wuhan Speed Horse Racing Open, World Fly-in Expo, Wuhan Marathon Swimming, and 24 Hour Le Mans Wuhan.

Strategic position

Focus of multiple national strategies: Wuhan is becoming the core area of growth in the Rise of Central China and the backbone of the Yangtze River Economic Belt; it is building itself into the core area of China (Hubei) Pilot Free Trade Zone.

Development objectives

To build Wuhan into a national economic center, a national sci-tech innovation center, a national commerce & logistics center, an international exchange center, positioned as the national central city, the core city of the Yangtze River Economic Belt, and a modern international metropolis.

To build Wuhan into a modern metropolis known as "Five Centers”:

1. National Economic Center

2. National Sci-tech Innovation Center

3. National Commerce & Logistics Center 

4. International Exchange Center

5. Regional Financial Center

Development potential

Ranked 1st in China in terms of sustainable innovation capacity

Ranked 5th in the list of national innovative cities in 2020

Designated as a City of Design in the UNESCO Creative Cities Network (UCCN)

China's Business Environment Model City

Ranked 5th in terms of overall strength according to the 2020 National Innovative City Index

With its abundant resources and strong environmental carrying capacity, Wuhan enjoys great potential for growth and sustainable development.

Land resources: The land area of Wuhan is larger than that of Shanghai, Nanjing, and Guangzhou while its built-up area is much smaller than that of the three cities, indicating huge potential for growth. Wuhan also plans to build world-class urban highlights.

Water resources: Wuhan tops all other major cities in China in terms of per capita freshwater resources