The first half of the economic situation around the slowdown in GDP growth. The country, is expected to fall 1.6 percentage points. The east coast, and down as well over 3 percent. The Midwest, the basic 1-2 percentage points lower. The Wuhan expected GDP growth of about 12%, down 0.4 percentage point decline rate is lower than the national, provincial and similar cities. 15 sub-provincial city, Wuhan first half of GDP is expected to more than Hangzhou, the sub-provincial cities in the fourth; an increase second only to Chengdu, the sub-provincial cities. Wuhan, the total economy to achieve a new leap forward.
 
Private investment for the first time more than half
 
Review of six months, the economy, first pulling power investment.
Wuhan Municipal Development and Reform Commission, said investment in Wuhan Economic contribution rate of the same period last year 65%, rising to more than 70% continue to be the main engine of economic growth in Wuhan. In addition to industrial investment ranked first in the country above the sub-provincial cities, 1-May, Wuhan infrastructure investment increased by 1.1 percent to 33.518 billion yuan, an end to the negative growth since the end of last year, while real estate investment continues to maintain a high growth of 32.4% situation, the construction area, new construction area, completion of the area year-on-year average increase of three percent, indicating Wuhan real estate remains stable development trend.
 
It is gratifying, Wuhan, private investment accounted for more than half for the first time. January to May, the private investment of 79.995 billion yuan, an increase of 31 percent, accounting for 50.6% of Wuhan's all fixed investment investment
 
Steel or exit of one hundred billion industry
 
When the bright, Wuhan's economy is also facing a lot of worries. At present, the difficult world economic recovery, industry, investment, consumption, exports growth rate is generally at its lowest point since last year. Wuhan, can not easily be spared.
 
Economic development of the Troika, the eye-catching investment, but consumption and sluggish exports. The first half of this year, Wuhan slowdown in consumption growth, the growth rate of total retail sales of social consumer goods dropped by 1.6 percentage points year on year. Cooling of the hot spots of consumption, household appliances negative growth; the expansion of the export decline, total imports and exports by Zhengzhou, Wuhan, let out the top spot in the Central.
 
Steel, automobile, shipbuilding and other pillar industries, and now are faced with the challenge of overcapacity. Wuhan Iron and Steel, Wuhan Petrochemical expected industrial output fell 11.9 percent, about 26%, iron and steel deep processing fell by 8.4%. Worrying is that the steel industry this year, may withdraw from the ranks of the multi-billion industry.
 
Energy, economic development, "advance guard" and "barometer." To Wuhan this year, industrial electricity, gas respectively year on year decline of 4.8% and 8.9%, industrial telegraph installed households a year-on-year drop of 15.49 percent, showing the Wuhan economic growth slowdown worries exists.
 
Prices rose too fast, people will not be happy, but prices fall too fast, will affect economic activity. The first half of this year, Wuhan CPI rose by 1.9 percentage points lower, and the record in recent years, the lowest monthly gain in June, reflecting the lack of market demand, the economy from inflation to deflation risk increase. The first half of the human costs of large-scale industrial growth of 19.9%, enterprises increase efficiency does not become a common phenomenon.
 
Their counterparts in the top ten enterprises of each mayor
 
Although the situation is grim, the judgment of the Wuhan municipal government: not changed the fundamentals of industrial growth, the growth rate leading to similar cities have not changed.
Mayor Tang Liangzhi think the project is the development of hard support. Wuhan will focus on key industries, key enterprises and key projects, coupled with the intensity of the contrarian, beyond the bend to ensure GDP over 800 billion yuan to stabilize in the sub-provincial cities in the first half of the 4th qualifying firm stand In the sub-provincial city in the first phalanx.
 
Wuhan City requirements, adhere to the "industrial doubling continued investment, recruit big business, the introduction of large projects. New City 50 billion in industrial projects, 20 billion service projects of the Center City District, Wuhan will increase supervision and assessment efforts, year-end appraisal harden account.
 
"Enterprises can not let alone worry." Wuhan City, yesterday decided that this month the mayors of their counterparts in 10 key enterprises, home for business and solve problems, to ensure that the annual above-scale industrial added value increased by more than 20%, industrial output exceeded 1 trillion.
 
Cite the very power to do great responsibility. Wuhan City, the state of mind, the responsibility to implement the coordination linkage, supervision and evaluation of four place ", the implementation of the industrial plan to double the monthly scheduling mechanism of the Joint Investment monthly scheduling of key projects, to ensure that the economic growth target.



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