Located in central China, Wuhan, the capital city of Hubei Province, serves as the political, economic and cultural center of the province. With an area of 8494 km2 and a population of 10 million, Wuhan administers 13 districts and 3 state-level development zones (Wuhan Economic & Technological Development Zone, East Lake Hi-tech Development Zone and Wujiashan Taiwan-investment Area).
Wuhan has long been the center of commerce, trade and finance in the middle reaches of the Yangtze River. It has always been a top recipient of foreign investment in central and western China. In 2005, registered foreign investment was 1.989 billion US dollars, an increase of 65.6 % from the year 2004. Wuhan also enjoys an industrial system with comprehensive and complementary categories of sectors. The city is stepping up efforts to develop its modern manufacturing sector, focusing on the technical escalation and industrial conglomeration.
With a history of 3500 years, Wuhan’s urban civilization dates back to Panlong Town which is the oldest city ever unearthed in the Yangtze River basin. As the biggest water, land and air transportation hub in inland China, its transport network is well-developped. It also enjoys the 3rd biggest scientific and educational capabilities among major Chinese cities.