Chinese President Xi Jinping: Technology is the foundation for national prosperity

Consolidated Report by According to Xinhua News Agency, Chinese President Xi Jinping recently visited the Wuhan East Lake National Innovation Demonstration Zone to review the development of the “China Optical Valley”. Xi inspected the relevant development of the optical fiber communications, 3D printing, biomass energy and other products and technologies. The Chinese general secretary was very pleased. He said that China shall not be a mere large economy, but it also shall be a strong economy. Prosperity of the country relies on independent innovation, technology, talents, and technology is the foundation for the national prosperity of China.

The “China Optical Valley” which is located in the Wuhan East Lake National Innovation Demonstration Zone is the largest fiber optic cable and optoelectronics research and production base in China. Set up first in 2001 and approved as a national optoelectronic industry base known as “Optics Valley of China”, at present, the demonstration zone has more than 20,000 registered enterprises; the initial formation of optoelectronic information industry as the leading industrial structure is seen. Enterprise gross income amounted 500.6 billion yuan last year, an increase of 31.3% compared to the previous year.

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