Wuhan today is considered the political, economic, financial, commercial, cultural and educational center of Centralâ China.[17] It is a major transportation hub, with dozens of railways, roads and expressways passing through the city and connecting to other major cities. Because of its key role in domestic transportation, Wuhan is sometimes referred to as "the Chicago of China" by foreign sources. The "Golden Waterway" of the Yangtzeâ River and its largest tributary, the Hanâ River, traverse the urban area and divides Wuhan into the three districts of Wuchang, Hankou and Hanyang. The Wuhanâ Yangtzeâ Riverâ Bridge crosses the Yangtze in the city. The Threeâ Gorgesâ Dam, the world'sâ largestâ powerâ station in terms of installedâ capacity, is located nearby.
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While Wuhan has been a traditional manufacturing hub for decades, it is also one of the areas promoting modern industrial changes in China. Wuhan consists of three national development zones, four scientific and technological development parks, over 350 research institutes, 1,656 hi-tech enterprises, numerous enterprise incubators, and investments from 230 Fortune Global 500 firms. It produced GDP of US$224 billion in 2018. The Dongfengâ
Motorâ
Corporation, an automobile manufacturer, is headquartered in Wuhan. Wuhan is home to multiple notable institutes of higher education, including Wuhanâ
University, which was ranked third nationwide in 2017, and the Huazhongâ
Universityâ
ofâ
Scienceâ
andâ
Technology.