OVC's remarkable achievements in 2024
In 2024, Wuhan East Lake High-tech Development Zone (Optics Valley of China, or OVC) demonstrated robust economic vitality with a 7.1 percent year-on-year increase in GDP. It rose to 6th place in the national ranking of high-tech zones, further cementing its leading position.
OVC added 14,000 new study slots, while the population of Wuhan New City saw a net increase of 150,000 over two years, highlighting the zone's growing attractiveness. The scale of OVC's optoelectronic information industry surpassed 600 billion yuan ($82.69 billion), marking an industry breakthrough.