Hubei releases action plan to stabilize growth, boost development

Source: en.hubei.gov.cn   26/04/2023 14:36   

   Hubei initiated a three-year action plan to promote industrial development and stabilize growthmomentum on Monday.

  According to the plan, Hubei boasts five competitive industries, including optoelectronic information, new energy and intelligent connected vehicles, life health, high-end equipment and Beidou technology. 

  By 2025, the industry scale of electronic information, automobile and life health aims toexceed one trillion yuanthe scale of high-end equipment industry will reach 550 billion yuan;the scale of Beidou industry is expected to surpass100 billion yuan. 

  With the steady development of five industries, the output value of Hubei's manufacturing industry will raise to a new level of 7 trillion yuan. 

  The five industries in Hubei cover two state-level manufacturing clusters, two state-level manufacturing innovation centers, one national laboratoryandsix provincial laboratories, which gathers the largest number of scientific research talentsandinnovation platforms in the province(en.hubei.gov.cn by Zhang Yawei