China issued a guideline on Wednesday for promoting the development of the private sector.
The 2023 Hubei-Europe Economic and Trade Conference was held in WEDZ on July 9.
China will step up its policy support to increase consumer spending and unleash the country's purchasing potential.
China is expected to launch more measures to enhance the confidence of foreign investors.
China's efforts to pursue self-reliance in crucial technologies will create opportunities for multinationals to thrive along with their Chinese counterparts.
The overall work plan for Wuhan to expand its service trade pilot zone issued by the Ministry of Commerce requires the city to build a new energy vehicle (NEV) all-industrial chain development demonstration zone based in the Wuhan Economic & Technological Development Zone (WEDZ).
The Wuhan Economic and Technological Development Zone has launched a program to offer 500 million yuan ($74 million) in funds as an incentive to encourage enterprises in the zone to transform and upgrade their manufacturing systems.
The latest government work report of the Wuhan Economic & Technological Development Zone (WEDZ) was released on Dec 27.
