South Taizihu Innovation Valley in WEDZ [Photo provided to en.blycjd.com]
Located on the banks of South Taizi Lake in Wuhan Economic & Technological Development Zone (WEDZ), South Taizihu Innovation Valley covers an area of 1.2 square kilometers.
With a focus on the automobile and electronic appliance manufacturing industries, the innovation valley focuses on the development of intelligent networked vehicles and smart factory designs.
It aims to develop a public innovation service platform for industry 4.0 digital manufacturing technology.
It also plans to cultivate 1,000 innovative entities and realize an economic output value of 100 billion yuan ($15.41 billion).
Over the next five years, the innovation valley will successively build industrial innovation centers such as a key intelligent manufacturing technology headquarters R&D base, a cloud data technology center, and an innovative design city, as well as high-end business hotels, apartments for top talents and other supporting facilities.