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June 26, 2019

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Hubei spurs openness, innovation

Source: Xinhua | 00:06 UTC+8 June 26, 2019 | Print Edition

Hubei Province in central China has benefited for hundreds of years from its mother river — the Yangtze River — for irrigation, transportation and fishery.

Now this cradle of Chu culture, an important influence on Chinese civilization, is nurturing innovation and embracing openness to give back to nature thanks to the local government and people.

“The optical fibers from the Optics Valley of China in Wuhan, the capital city of Hubei Province, now account for 25 percent of the world market share,” said Jiang Chaoliang, Party chief of Hubei, at a press conference about Hubei’s high-quality development. “This is the epitome of Hubei’s technological innovation.”

A capsule robot, rather than intubation, is now capable of finishing an accurate gastroscopic examination in the patient’s stomach in 15 minutes without causing any discomfort.

Companies as cornerstone

Wang Xiaodong, governor of Hubei, said the capsule robot is an achievement of independent research and development by ANKON Technologies Co Ltd, a company based in Hubei. With companies being the cornerstone of innovation, the province now has 6,590 high-tech enterprises as a result of the innovation climate the Hubei government has fostered, Wang added.

According to statistics, Hubei’s GDP reached 3.94 trillion yuan (US$572.63 billion) in 2018, expanding 215 times than 1952 with an average annual growth of 8.5 percent.

Hubei inherited the spirit of openness passed down in history. While its geographic position connected this region with nine provinces in ancient times, openness is now paving Hubei’s new road to the world.

The total value of Hubei’s imports and exports came in at US$52.8 billion in 2018, increasing 643 times from those in 1953. Among the top 500 firms in the world, 280 have invested in Hubei Province. As high-quality development sets the tone for Hubei’s economic progress, the ecological protection of the Yangtze River is listed as a priority in all projects.

According to Jiang, Hubei’s Party chief, 22.3 percent of the province’s landscape is included in the ecological protection red line.

Along the Yangtze River green ecological corridor, 4,230 rivers and 755 lakes are covered by the water management system.

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