GDP: 497.563 billion yuan in 2002, up 9.1 percent from the previous year.
Industrial proportions in GDP (1st, 2nd, and tertiary industries): 14.2 : 49.2 : 36.6 in 2002.
Revenues: Hubei's local revenues totaled 24.337 billion yuan in 2002, up 11.2 percent.
Industrial output value
The output value of state-owned industrial enterprises and non-state-owned enterprises with an annual sales value of 5 million yuan or more was 119.895 billion yuan in 2002, up 12.3 percent over the previous year in comparable prices. Of this total, the added value created by state-owned and state-holding enterprises was 64.105 billion yuan, up 12.4 percent; that by state-owned enterprises was 52.621 billion yuan, up 9.7 percent; collectively-owned enterprises, 12.779 billion yuan, up 7.5 percent; cooperative stock-holding companies, 684 million yuan, up 8.9 percent; joint-stock enterprises, 33.195 billion yuan, up 14.8 percent; enterprises invested by foreigners or businesspeople from Hong Kong, Macao and Taiwan, 13.466 billion yuan, 14.8 percent up; and enterprises in other forms of ownership, 5.95 billion yuan, 17.1 percent up. The added value of light industry was 40.191 billion yuan, up 8.5 percent, while that of heavy industry was 79.704 billion yuan, a 14.6 percent increase over the previous year.
Agricultural production
Grain production totaled 20.47 million tons in 2002 and the output of cotton reached 322,600 tons, a decrease of 50,900 tons from the previous year. The output of oil-bearing crops was 2.45 million tons, 341,600 tons down from 2001. The output of meat (pork, beef and mutton) exceeded 2.955 million tons, up 2.4 percent, and that of aquatic products reached 2.72 million tons, up 12.3 percent. The area afforested in 2002 was 256,880 hectares and the accomplished area for key state forestry project reached 315,340 hectares, doubling that in the previous years.
Foreign trade
Total imports and exports of the province reached US$3.955 billion in 2002, up 10.5 percent. Exports were US$2.099 billion, down 16.8 percent. Imports totaled US$1.856 billion, up 4.2 percent.
Foreign investment
The volume of foreign capital actually used in Hubei approached US$2.266 billion in 2002, up 12.3 percent over the previous year. Of this total, foreign direct investment exceeded US$1.4 billion, up 15.8 percent.
Pillar industries
The six pillar industries in Hubei's economy are auto making, machine-building, metallurgy, chemical industry, light and textile industries, building materials and construction. Of these, the auto industry has formed a considerable scale of production, with its output leading the country.
Poverty alleviation plan
Vigorous efforts were made in 2002 to push reemployment projects. A total of 106,000 urban laid-offs found jobs.
Unemployment rate
By the end of 2002, the registered unemployment rate in the province's cities and towns was 4.3 percent.
