Hubei's high-tech industry registered fast expansion in the first 10 months of the year, with its added value up 31.2 percent year on year, data from the Hubei Provincial Statistics Bureau showed.

  In October, the added value of high-tech industry recorded a year-on year increase of 14.2 percent, which was 8.8 percentage points higher than that of industrial enterprises above designated size.

  During the Jan-Oct period, the added value of micro and small industrial enterprises above the designated size ascended by 16.3 percent year on year, 0.6 percentage points higher than that of industrial enterprises above designated size. There were 1,572 newly-added industrial enterprises above designated size in the province.

  Hubei's industrial investment (technological transformation) soared by 56.9 percent year on year in the first 10 months, accounting for 48.0 percent of industrial investment. And private investment in the province jumped by 31.5 percent, contributing 62.0 percent to the total investment.

  During the same period, the province's total retail sales of consumer goods amounted to 1,653.687 billion yuan, a year-on-year increase of 20.4 percent. And Hubei’s foreign trade volume stood at 433.43 billion yuan, rising by 27.6 percent year on year.

  (Source: en.hubei.gov.cn)