Optics Valley ranks fourth among national high-tech zones
According to the latest national assessment, Central China's Hubei province ranks fourth among China's 169 national high-tech zones.
The assessment, released by the Torch High Technology Industry Development Center, the Ministry of Science and Technology, and Wuhan East Lake High-tech Development Zone (Optics Valley of China), shows that Optics Valley's knowledge creation and technological innovation capabilities rank second in the country, its industrial upgrading and structural optimization capabilities rank fourth, and its capacities for internationalization, global competitiveness and sustainable development rank sixth.
Optics Valley of China's overall ranking is one place higher than in 2017, and stands out in employee structure, technology market development, construction of entrepreneurship service carriers, cultivation of leading technology companies, and government investment in science and technology.
So far, Optics Valley of China has formed an industrial system led by optoelectronic information, biomedicine, high-end equipment manufacturing, new energy, energy conservation and environmental protection, high-tech service industries, the integrated circuit and semiconductor display industry and the new cybereconomy.
In 2019, its industrial clusters in integrated circuits, semiconductor displays, next generation information networks and biomedicine were selected in the first batch of national strategic emerging industrial clusters.
Optics Valley of China maintained double-digit growth in GDP, industrial added value, fixed asset investment and industrial development in 2019. In several key economic indicators it ranked first in Wuhan, while the profit-making service industry represented by software grew by 30 percent.