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MARKET

DOMESTIC TRADE& FOREIGN ECONOMY

January 31, 2017

DOMESTIC TRADE

In 2015, the total retail sales of social consumption goods of Wuhan reaches 510.22 billon RMB with an increase of 11.6% over the previous year. According to sectors, the sales revenue of wholesale and retail trading summers to 462.67 billion RMB with an increase of 11.4%; the retail sales of the accommodation& catering industry reaches 47.55 billion RMB, with an increase of 12.7%. Annually there are 823 exhibitions and festivals in total, of which 336 exhibitions, 297 conferences, and 190 festivals.


FOREIGN ECONOMY

In 2015, the total import& export volume of foreign trade in Wuhan reached US $ 28.07 billion, up by 6.3% over the previous year, of which import volume US $ 12.92 billion, up by 2.3%, and exports volume US $15.15 billion, up by 9.9%. In the total export volume, the general trade export volume was US$7.09 billion, up by 0.7%, the export value of processing trade was US $ 6.7 billion, up by 7.1%, the export value of high-tech products was US $6.95 billion, up by 30.4%.

The number of exporting countries and regions summers to 198. The port cargo traffic makes 9,877,300 tons, up by 15.3%. The annual actual utilization of foreign capital was 7.34 billion US dollars, with an increase of 18.5% over the previous year.
 
The World Top 500 Enterprises which invest in Wuhan have reached 230. The total turnover of foreign contracted engineering projects reached US $2.807 billion, up by 22.0% over the previous year, and the number of dispatched labor personnel by the foreign labor service cooperation was 8791, up by 68.8%. The foreign direct investment amounted to 3.031 billion US dollars, with an increase of 2.67 times. The introduced domestic projects were 1139, the actual domestic capital in place was 437.37 billion RMB, up by 30.1%.

 
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