Hubei
Wuhan 2.1T+ yuan GDP (2024); 6% growth target (2025); optoelectronics/automotive hub; 'thoroughfare of nine provinces'; joined 6T yuan club.
Wuhan's GDP exceeded 2.1 trillion yuan in 2024 (+5%), targeting 6% growth in 2025 with 250,000 new urban jobs. The city leads in optoelectronics, automotive, iron/steel, pharma, biotech, and environmental protection. Hubei makes strides in automotive and semiconductor industries. Wuhan promotes optoelectronic information and high-end equipment while stimulating AI innovation and low-altitude economy. The city's strategic location at the Yangtze-Han river confluence made it China's 'thoroughfare of nine provinces.' Industrial restructuring shifted from element-driven to innovation-driven models. Wuhan targets competitive industries including optical-electronics and high-end equipment. The city's post-COVID recovery demonstrated remarkable resilience after being the original epicenter. Hubei joined the 6 trillion yuan GDP category in 2024 alongside Sichuan and Henan.