Population: 10.6 million ( Year 2015)
GPD: RMB 1.34 trillion (Year 2017)
GDP growth: 8% (Year 2017)
- The capital of Hubei province
- One of China’s key air, rail and water transportation hubs connecting North, South, East and West
- A twin city of Manchester for more than 30 years
- Britsh Consulate-General Wuhan in operation since 2016
- Equipment Manufacturing
- Household appliances
- Iron and Steel
Opportunities for British Business’s
Current Local government projects and aims include:
- The city is looking to boost its 'new energy' industry through the adoption of solar PV, biomass and wind power
- The development of a city-wide e-healthcare system
- Three new metro lines connecting suburban districts within the city
- Construction of the Wuhan-Xi'an high-speed rail, a way of expanding Wuhan's status as a transportational hub in China.
- Establishing China's biggest R&D and manufacturing base for rail carriages and rolling stock
Wuhan is one of the four provincial capital cities that have partnered in the UK-China Sustainable Cities Initiative. Working with MOFCOM and the local city authorities, the city has initiated a rolling programme of active project identification to develop opportunities for UK and Chinese companies to partner in delivering sustainable urban development and low-carbon solutions. These will cover diverse sectors including the built environment, mass transport and water/wastewater resource management.
Our Local Managers top 5 reasons to do business in Wuhan
- Wuhan is currently experiencing fast track economic growth, as it undergoes instrumental infrastructure development
- Centrally with Beijing in the north, Shanghai in the east, Guangzhou/Shenzhen in the south, Chongqing in the west all within 4 to 6 hours by high speed train
- Well-educated human resources – 1.2 million university students
- The city is strong in manufacturing and it's key sectors include ICT, automotive and auto-parts, photo-electronics, iron & steel, equipment manufacturing, food and tobacco, petrochemicals
- Among tier 2 cities Wuhan has one of the strongest retail markets.
- China Eastern offers a daily 15 hour flight from London to Wuhan through Shanghai
- Wuhan is 6 hours from Shanghai, 5 hours from Beijing and 4 hours from Guangzhou by high speed train.
- The city is served by a metro system with 3 lines and 78 stations