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 18.
From January to October, the province’s added value of industries above designated size went up 7.7 percent year on year, which was 1.9 percentage points higher than the national average. The added value of high-tech manufacturing sector increased by 25.0 percent, contributing 37.9 percent to the growth of industries above designated size.
In the January-October period, Hubei’s investment in fixed assets jumped by 6.1 percent, 2.7 percentage points higher than the national average.
The total retail sales of consumer goods in the province represented a year-on-year increase of 5.0 percent to over 1.96 trillion yuan over the same period. (en.hubei.gov.cn by Zhang Yawei)