The "Wonder in Winter" Business Exchange and Signing Ceremony of Wuhan's Fourth Quarter Investment Projects is held on Dec 3 in Wuhan, Central China's Hubei province. [Photo/WeChat account of Optics Valley of China]

In the "Wonder in Winter" Business Exchange and Signing Ceremony of Wuhan's Fourth Quarter Investment Projects, the East Lake High-tech Development Zone (also known as Optics Valley of China, or OVC) signed agreements for 13 projects totalling 53.55 billion yuan ($8.41 billion) in investment, ranking first in the city, according to local news reports on Dec 3.

These projects involve display panels, bio-medicine, digital economy, business and trade services. Among them, TCL China Star Optoelectronics Technology Co's sixth-generation low-temperature poly-silicon semiconductor new display device production line project is especially notable, with an investment of 15 billion yuan. The production line is expected to combine many technologies, including virtual reality and low-temperature polycrystalline oxide, to manufacture IT displays, car monitors, and other display panel products with high added value.

The project will demonstrate the company's leading role in the industry and help OVC on its path to becoming China's largest and the most advanced manufacturing and research base for medium and small-sized display panels.

By hosting a series of international events, such as the 2021 China 5G+Industrial Internet Conference and the 2021 Tencent Digital Ecosystem Summit, Optics Valley of China has strengthened its global influence.