On December 4, the 12th Plenary Session of the 14th Wuhan Municipal Committee of the Communist Party of China was held. At the meeting, the “Five-Year Action Plan to Fully Build the “Five Centers” and comprehensively build a modern Greater Wuhan was reviewed and approved. The “Action Plan” proposes that it is necessary to comprehensively improve development energy levels, development quality and development momentum, achieve remarkable results in high-quality development, and ensure that the “five centers” are basically built by 2030, and that decisive progress is made in the construction of modern Greater Wuhan. Among them, it was mentioned that a regional financial center has basically been built. By 2030, the added value of the financial industry will reach 200 billion yuan, the balance of local and foreign currency deposits and loans will reach 12 trillion yuan, and premium income will reach 120 billion yuan. The “Hanrongtong” platform has enabled the total financing volume to exceed 600 billion yuan, the share of technology-based listed companies to reach 65%, and the size of private equity investment funds will reach 300 billion yuan. The infrastructure will be established as a regional financial center based in central China, facing the whole country, and linked to the world. Furthermore, a national trade and logistics center has basically been built. By 2030, total retail sales of social consumer goods will reach 120 billion yuan, total foreign trade imports and exports will reach 800 billion yuan, total social logistics will reach 70 billion yuan, and the ratio of total social logistics costs to GDP will drop to about 11.2%.

On December 4, the 12th Plenary Session of the 14th Wuhan Municipal Committee of the Communist Party of China was held. At the meeting, the “Five-Year Action Plan to Fully Build the “Five Centers” and comprehensively build a modern Greater Wuhan was reviewed and approved. The “Action Plan” proposes that it is necessary to comprehensively improve development energy levels, development quality and development momentum, achieve remarkable results in high-quality development, and ensure that the “five centers” are basically built by 2030, and that decisive progress is made in the construction of modern Greater Wuhan. Among them, it was mentioned that a regional financial center has basically been built. By 2030, the added value of the financial industry will reach 200 billion yuan, the balance of local and foreign currency deposits and loans will reach 12 trillion yuan, and premium income will reach 120 billion yuan. The “Hanrongtong” platform has enabled the total financing volume to exceed 600 billion yuan, the share of technology-based listed companies to reach 65%, and the size of private equity investment funds will reach 300 billion yuan. The infrastructure will be established as a regional financial center based in central China, facing the whole country, and linked to the world. Furthermore, a national trade and logistics center has basically been built. By 2030, total retail sales of social consumer goods will reach 120 billion yuan, total foreign trade imports and exports will reach 800 billion yuan, total social logistics will reach 70 billion yuan, and the ratio of total social logistics costs to GDP will drop to about 11.2%.