page_title: Hubei
section_title: Economy
hierarchical_section_title: Hubei / Economy
caption_attribution_description: English: The Three Gorges Dam on the Yangtze River, China.
context_page_description: Hubei is a landlocked province of the People's Republic of China, and is part of the Central China region. The name of the province means "north of the lake", referring to its position north of Dongting Lake. The provincial capital, Wuhan, serves as a major transportation hub and the political, cultural, and economic hub of central China.
  Hubei's name is officially abbreviated to "鄂", an ancient name associated with the eastern part of the province since the State of E of the Western Zhou dynasty of c. 1045–771 BCE; a popular name for Hubei is "楚". Hubei borders the provinces of Henan to the north, Anhui to the east, Jiangxi to the southeast, Hunan to the south, Chongqing to the west, and Shaanxi to the northwest. The high-profile Three Gorges Dam is located at Yichang, in the west of the province.
context_section_description: Hubei is often called the "Land of Fish and Rice" (鱼米之乡). Important agricultural products in Hubei include cotton, rice, wheat, and tea, while industries include automobiles, metallurgy, machinery, power generation, textiles, foodstuffs and high-tech commodities.
  Mineral resources that can be found in Hubei in significant quantities include borax, hongshiite, wollastonite, garnet, marlstone, iron, phosphorus, copper, gypsum, rutile, rock salt, gold amalgam, manganese and vanadium. The province's recoverable reserves of coal stand at 548 million tons, which is modest compared to other Chinese provinces. Hubei is well known for its mines of fine turquoise and green faustite.
  Once completed, the Three Gorges Dam in western Hubei will provide plentiful hydroelectricity, with an estimated annual power production of 84,700 Gwh. Existing hydroelectric stations include Gezhouba, Danjiangkou, Geheyan, Hanjiang, Duhe, Huanglongtan, Bailianhe, Lushui and Fushui.
  Hubei's economy ranks 7th in the country and its nominal GDP for 2018 was 3.9 trillion yuan (US$595 billion) and a per capita of 66,799 RMB (US$10,099) in 2018, tripled since 2010.
caption: The Three Gorges Dam on the Yangtze River
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