According to data released by Wuhan, in 2020, Wuhan's GDP ranked among the top ten cities in the country.
In order to build a national economic center, Wuhan City proposed in the "Implementation Opinions on Accelerating the Creation of the "Five Centers" and Building a Modern Greater Wuhan (2021-2025)" (hereinafter referred to as the "Opinions") that it is necessary to further expand the total economic volume and strive to advance among cities across the country.
The "Opinion" proposes that by 2021, the GDP of Wuhan City will reach 1.76 trillion yuan, an increase of 12%; 1.91 trillion yuan in 2022, an increase of about 7%; 2.07 trillion yuan in 2023, an increase of about 7%; 2.23 trillion yuan in 2024, an increase of about 6.5%; and 2.4 trillion yuan in 2025, an increase of about 6.5%.
In terms of emerging industries, Wuhan will implement a doubling plan for strategic emerging industries. It will accelerate the construction of the Yangtze River Memory Base, the National Aerospace Industry Base, the National New Energy and Intelligent Connected Vehicle Base, the National Cybersecurity Talent and Innovation Base, and the Big Health Industry Base, and make breakthrough developments in six emerging industries, including cybersecurity, aerospace, aerospace information, artificial intelligence, digital creativity, and hydrogen energy. By 2025, the output value of the five major industrial bases will exceed 100 billion yuan, and the added value of strategic emerging industries will account for 18% of the regional GDP.
In terms of future industries, Wuhan will proactively plan future industries, focusing on five major future industries, including electromagnetic energy, quantum information, supercomputing, brain science and brain-like science, deep earth, deep sea and deep space, and cultivate new technologies, new industries, new formats and new models to promote organic renewal and iterative upgrading of industries. By 2025, 100 national high-tech enterprises will be cultivated in the future industry field.
In addition, Wuhan will also make breakthrough developments in the digital economy, build five major digital "new infrastructures" including a high-speed intelligent information network, an integrated storage and computing data center, an urban Internet of Things perception system, the industrial Internet, and satellite Internet, and develop seven new digital industries including "optical chips, screens, terminals, networks, cloud, and intelligence."
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