Hubei’s?economy?maintained stable performance?in the first?ten?months of this year,?with major economic indicators posting growths, official data showed?on November 17.
From January to October,?the province’s?added value of?industries above designated?size?went up?5.8?percent year on year, which was 1.2 percentage points higher than the national average.
A number of key industries achieved double-digit growth during the period. The added value of?electric industry, chemical industry, non-ferrous metal industry?and oil processing industry registered a year-on-year growth of?18.8 percent, 20.6 percent, 38.6 percent and 13.0 percent, respectively.
In the January-October period,?Hubei’s?investment in fixed assets?jumped by?5.8?percent, 2.9 percentage points higher than the national average.
In terms of key areas, industrial?and infrastructure?investment jumped by 9.7?percent and 9.0?percent compared to the same period last year.
The total?retail sales of consumer goods?in the province?represented?a?year-on-year?increase of 8.7?percent?to?over 1.87?trillion?yuan?over the same period.?(en.hubei.gov.cn by Zhang Yawei）