Even though Wuhan has for decades been a traditional base of manufacturing industry, the city is also is one of the birthplaces of China’s modern industry. With three national development zones, four scientific and technologic development parks, over 350 research institutes, 1470 hi-tech enterprises and numerous enterprise incubators, Wuhan offers a global competitive strength in most business fields.
By combining the old-line industry like automobile manufacturing, that once was the starting point of China’s economic liberalization, with new hi-tech industries in places like the Optics Valley, where fibre-optic, electronics and pharmaceutical companies are developing new products, Wuhan is positioning itself as one of the most progressive business cities in all Asia. This blend of industry is also a guarantee for the future to secure on-going business irrespective of the business trends.
With Wuhan´s strategic position in central China the city is a natural hub for effective distribution for products of many industries, particularly for distribution of cars, as domestic car sales are booming all over China. These facts are also one of the reasons that car makers like Citroen, Peugeot, Nissan and Honda have entered joint-ventures with the state-owned company Dongfeng.
Top 5 Companies in Wuhan
Dongfeng Automobile Co: commercial vehicles.
Wuhan Iron & Steel Co: Iron and steel products.
China Gezhouba Group Co: Contract construction of projects.
Wuhan Department Store Group Co: Retailing and wholesaling
Jointown Pharmaceutical Group Co: Phrmaceuticals and medical equipment.
Wuhan offers limitless business opportunities and already today more than 5,000 foreign enterprises have invested in Wuhan and/or incorporated here.
For more information you can contact:
Wuhan Joint Office Center for Foreign-Invested, Domestic-Funded and United Enterprises
Add: No 185, Riverside Avenue, Wuhan
Post Code: 430013
Tel: 0086-027-82859551; 82856713