Wuhan East Lake High-tech Park

    Rating     AA
    Year of Establishment     1988
    Land Area     232 km2 (planned)
    Location     Wuhan, Hubei
    GDP     RMB 225.4 billion
    FDI     N.A.
    Utilized FDI     N.A.
    Major Investors     Yangtze Optical Fiber and Cable, ThyssenKrupp Zhong-Ren Tailored Blanks, Wuhan NEC Mobile Communication, EDS, Foxconn, IBM, Huagong Tech Company
    Major Industies Encouraged     Photovoltaic products, environmental protection, software development, bioengineering and medicine, modern equipment manufacturing, new materials, new energy
Source: Wuhan East Lake High-tech Park

Wuhan East Lake High-tech Park (Wuhan ELHTP) is located in the suburbs of Wuhan. It was established in 1988 and was authorized as a state-level High-tech park in 1991. Wuhan ELHTP lies close to Wuhan East Lake and is near more than 18 universities, 56 national research institutes, and 10 national research labs. Forty-five Fellows of CAS/CAE and more than 200,000 technical professionals work in the area around Wuhan ELHTP.

Wuhan ELHTP covers an area of 232 sq km. It has several special parks and zones, which include Guandong Optical-electronic Industrial Park, a software development park, Guannan Bioengineering & Medicine Park, Tangxun Lake University Technology Park, Optics Village of China and a machinery park. The optics village is expected to become the largest base for optoelectronic products.

Wuhan ELHTP is close to the Tianhe International Airport of Wuhan. It takes just 40 minutes to drive to the airport utilizing the middle circle highway. The park is located 5 km from the Shanghai-Chengdu Expressway and 7 km from the Beijing-Zhuhai Expressway, making it convenient to reach via road transportation.

Furthermore, key national railways such as the Beijing-Guangzhou Railway, the Wuhan-Jiujiang Railway and the Wuhan-Danjiangkou Railway pass through Wuhan. Via the Yangtze River, Wuhan ELHTP also has convenient waterway access.

Investment Climate
In 2012, Wuhan ELHTP’s total industrial outputfrom enterprises with designated size or above grew 25.7% and reached RMB 401.2 billion, while its value added industrial output from these enterprises rose 26.6% year on year to RMB 137.3 billion.

In 2012, three large projects each with investment of over RMB 5 billion start construction in the park, including projects funded by Lenovo Group. By the end of 2012, more than 2,000 High-tech enterprises had set up business in Wuhan ELHTP including 466 foreign invested enterprises with registered capital of US$2.07 billion. In 2013, the GDP hit RMB 225.4 billion.

Optoelectronics, telecommunications, energy conservation and modern equipment manufacturing are the pillar industries of Wuhan ELHTP. Software outsourcing and electronics are encouraged industries.

Wuhan ELHTP is China’s largest production base for optoelectronic products. Key players like Changfei Fiber-optic Cables, which is the largest fiber-optic cable maker in China, Fenghuo Telecommunications and Wuhan Research Institute of Post and Telecommunications, which is the largest research institute in optical telecommunications have set up in the park. Wuhan ELHTP also boasts the largest laser industry in China, and is home to key players such as HUST Technologies and Chutian Laser.

Large venture capitalists in the park provide important capital support for enterprises with high growth potential. More than 20 enterprises, including Wuhan East Lake High-tech Group, HUST Technology and Yangtze Telecommunication, have been listed on the two Chinese stock exchanges.

Investment Cost
Winning Edge and Limitation
Winning Edge
  • The park can draw from a rich local talent pool.
  • The Optics Village of China makes Wuhan ELHTP China’s largest production base for optoelectronic products.

  • In terms of attracting large foreign investors, Wuhan ELHTP lags behind the HTPs in Beijing, Shanghai and Shenzhen.

Address: No. 540 Luoyu Road, Hubei, P.R. China 430079
Tel: 86-27-87804115
Fax: 86-27-87802764
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