The Wuhan East Lake High-tech Development Zone, also called Optics Valley of China, recorded its gross domestic product (GDP) of 200.185 billion yuan in 2020, representing a year-on-year growth of 5.1 percent, according to local authorities.
This is the first time that the GDP of Optics Valley has crossed the 200-billion-yuan mark. Covering an area of 518 square kilometers, the zone contributed 12.8 percent to the city’s total GDP.
In 2020, Optics Valley attracted the investment of 85.4 billion yuan. Its total volume of foreign trade grew by 12.3 percent, with foreign investment in actual use reaching 2.16 billion U.S. dollars.
In 2020, 25,000 new market players and 17,600 new enterprises were registered in Optics Valley, making their total number amount to 145,000 and 103,000, respectively.（en.hubei.gov.cn by Zhang Yawei）