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WHDZ’s economy maintains stable growth in H1

By Hu Xiaoyu | chinadaily.com.cn | Updated: 2019-08-07

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People are hard at work at the Xiongtao Hydrogen Energy Industrial Park in the Wuhan Economic and Technological Development Zone. [Photo by Guo Liangshuo/cjn.cn] 

The modern service industry is also showing strong growth prospects. The 203 companies above designated size reported a total revenue of 7.87 billion yuan, an increase of 12.3 percent year-on-year.

A total of 44 projects costing more than 100 million yuan each were also signed in the zone. The projects involve high-tech manufacturing, internet of things, tourism, and finance.

In order to maintain steady growth in the second half of the year, the local government will continue to improve the business environment and promote the development of artificial intelligence, intelligent manufacturing, smart homes, biomedicine, general aviation, new energy, and new materials, said a senior official.

A number of State-level platforms, including a national inspection and testing area and an intellectual property rights defense center, were also established in the zone, encouraging us to improve our services for companies and workers, he added.

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