An artists' impression of the planned Optics Valley digital economy industrial park project. [Photo/WeChat account of Optics Valley of China]

A total of 23 projects with an investment of 21.65 billion yuan ($3.23 billion) recently broke ground in the East Lake High-tech Development Zone -- also known as Optics Valley of China -- in the city of Wuhan, capital of Central China's Hubei province, on Oct 27.

These projects involve the fields of digital economy, smart medicine, optoelectronics, medical education, and infrastructure.

Of these, six are manufacturing projects with a total investment of 6.6 billion yuan and two are service projects with an investment of 4.1 billion yuan. 10 are infrastructure projects with an investment of 9.11 billion yuan and five are projects with an investment of 1.84 billion yuan.

The construction of these projects in the fourth quarter is an important measure for the zone to accelerate its post novel coronavirus epidemic revitalization, its high-quality development and improve people's livelihoods -- as well as to expand the general level of investment.

The zone is progressing well with its targeted tasks for the year and the fourth quarter of 2020 will prove to be the successful conclusion of the 13th Five-Year Plan (2016-20).

Plans are to invest 1.7 billion yuan in the China Optics Valley digital economy industrial park project (phase one). There are plans to establish three types of enterprise carriers there -- including incubators, accelerators and an industrial cluster area.

The park will create a public technology platform, an exhibition and exchange platform and a financing and trading platform for enterprises, as well as become an important carrier for the development of the zone's digital economy.

In terms of public welfare projects, the zone has invested 1.24 billion yuan to build three schools and two community hospitals.

Since the start of the year, 54 key projects have been started in the zone, with a total investment of 201.66 billion yuan.