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Hubei, China Aims for $4.4B Sensor Industry Hub by 2030
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Hubei, China Aims for $4.4B Sensor Industry Hub by 2030
Hubei Province in Central China has unveiled an ambitious plan to develop a sensor industry cluster valued at 30 billion yuan (approximately $4.4 billion) over the next five years. The initiative aims to foster around 100 top-tier intelligent sensor companies within Wuhan’s Donghu New Technology Development Zone, also called Optics Valley, by 2030. This growth is expected to stimulate application industries to surpass 500 billion yuan (about $72…
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