The Wuhan Economic & Technological Development Zone (WEDZ) is achieving remarkable progress in industrial transformation and upgrading during the 14th Five-Year Plan period (2021-25).
Sun Zhibo, deputy director of the WEDZ administrative committee, said the region's economic fundamentals are improving, with total economic output exceeding 220 billion yuan ($30.88 billion) in 2024 and maintaining a growth rate of 5.6 percent in the first half of 2025.
The zone has optimized its economic structure, adjusting the primary, secondary, and tertiary industry ratios from 0.9 percent, 64.3 percent, and 34.8 percent at the start of the 14th Five-Year Plan to 0.7 percent, 59.8 percent, and 39.5 percent today, respectively. The added value of high-tech industries has risen to 46 percent, outpacing Wuhan's average by 18 percentage points.
WEDZ has established a modern industrial system centered around new energy and intelligent connected vehicles as its core industry. This is complemented by three other leading industries: smart homes, intelligent construction, and software and information technology.
The zone is also nurturing five emerging industries: hydrogen energy, new energy, integrated circuits, the low-altitude economy, and biotechnology.
In addition, WEDZ is implementing initiatives to support major companies like Voyah and Lotus in achieving breakthroughs in critical technologies. These efforts are leading to a continuous increase in the production capacity of new energy vehicles and a more resilient industrial chain.
Authorities are also promoting the clustered and integrated development of industries, including automotive software, hydrogen energy, and the modern seed industry, aiming to cultivate a robust echelon of leading manufacturing enterprises.
