Wuhan’s outward-oriented economy sees rapid development

Source: hubei.gov.cn 12/01/2017 02:12:16

A cargo ship passing under the Second Yangtze River Bridge

Until November 29, the container throughput at the New Port of Wuhan reached 1,226,400 TEUs, achieving the annual target of 1,200,000 TEUs one month in advance.

The Wuhan New Port, which annually handles more than 80 percent of the province's imported and exported goods, is considered the wind vane of the outward-oriented economy of Hubei and especially the city of Wuhan.

According to statistics, from January to October this year, the total volume of Wuhan's imports and exports reached 157.95 billion yuan, increasing by 25.4 percent, which accounts for 60 percent of Hubei Province's foreign trade. (hubei.gov.cn)