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China’s City Winners - Wuhan City Profile

As the capital of Hubei Province and the largest city by population and economic size in Central China, Wuhan has been a key beneficiary of central government initiatives to develop the country’s inland regions. In recent years, Wuhan has re-emerged as one of the country’s fastest-growing urban centres – in 2011 it was China’s 11th largest city by GDP, and economic forecasts indicate that it will rank 8th by 2015.

Massive infrastructure investments in the city and surrounding region are realising the potential of its central location. Wuhan’s status as an inland education hub makes its workforce one of China’s best educated, yet low cost. Its real estate market is expected to see strong growth across all sectors over the coming years, with rising rents in Grade A offices and retail and residential development expanding into decentralized areas.  Wuhan is also attracting interest from logistics developers due to its massive potential as the emerging logistics hub for central China.

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