OVC unveils 2025 development plans

In 2025, Wuhan East Lake High-tech Development Zone (Optics Valley of China, or OVC) aims to increase its GDP by 6.5 percent. It plans to house over 5,000 high-level talents, enhancing its innovation capacity and competitiveness.

The zone will focus on international investment in advanced display, smart devices, and life & health sectors, attracting more quality projects and enterprises. It also plans to allocate 100 billion yuan ($13.78 billion) in sci-tech credit to support the growth and innovation of tech companies, driving high-quality regional economic development.