Hubei's economy maintains steady growth in first 10 months
Hubei’s economy maintained stable performance in the first ten months of this year, with major economic indicators posting growths, according to official data.
From January to October, Hubei’s investment in fixed assets and manufacturing industry jumped by 15.3 percent and 22.8 percent from a year earlier, respectively.
The province’s added value of industries above designated size went up 7.6 percent year on year during the period.
During the January-October period, the added value of high-tech manufacturing sector registered a year-on-year increase of 21.8 percent. Of the total, manufacturing sectors in computer, communications and other electronic equipment surged by 27.3 percent.
The total retail sales of consumer goods in the province ascended by 4.2 percent year on year to 1.723909 trillion yuan from January to October.
Hubei saw foreign trade reach 513.66 billion yuan during the first ten months, up 18.5 percent from the same period last year.(en.hubei.gov.cn by Zhang Yawei)