Hubei’s economy maintained stable performance in the first two months of this year, with major economic indicators posting growths, official data showed on March 18.
In the January-February period, the province’s added value of industries above designated size went up 7.9 percent year on year, 2.0 percentage points higher than the national level. The added value of high-tech manufacturing sector increased by 23.5 percent, contributing 41.3 percent to the growth of industries above designated size.
From January to February, Hubei’s investment in fixed assets jumped by 6.6 percent, 2.5 percentage points higher than the national average.
The total retail sales of consumer goods in the province represented a year-on-year growth of 7.3 percent to 480.348 billion yuan over the same period. Especially, the online retail sales above the designated quota grew by26.6 percent.
In the first two months, Hubei’s total import and export volumeamounted to101.41 billion yuan, and the general tradetook up a79.4-percent sharein theprovince’simport and export volume. (en.hubei.gov.cn by Zhang Yawei)