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Investment structure in Hubei further optimized

Source: hubei.gov.cn

The investment structure in central China's Hubei province was further optimized with both competitive and weak industries being enhanced, according to Hubei provincial statistics bureau.

The province's fixed asset investment reached 283.475 billion Yuan ($35 billion) in 2005, among which 254.707 billion Yuan of investment was made in cities and towns, an increase of 22.9%. For investment in cities and towns, the figure in agriculture, industry and tertiary industry totaled 4.084 billion Yuan, 102.099 billion Yuan and 148.524 billion Yuan respectively.

In industry investment, competitive industries as Wuhan Iron and Steel Group, Dongfeng Auto Company, etc witnessed a sharp growth and meanwhile investment in high-tech was enhanced.