The 10th Xuanyuan Award Ceremony was held in the Wuhan Economic & Technological Development Zone (WEDZ), Wuhan, Central China's Hubei province, on Dec 16.
Part of the scientific equipment of the first batch of technology transfer projects for the Future Technology Innovation Institute of the Wuhan Economic & Technological Development Zone (WEDZ) has been moved into the base recently.
The global downward pressure on the automobile industry, severe COVID-19 outbreaks in China, and the automotive chip shortage have all posed severe challenges to the auto supply chain.
The Hurun Research Institute released a list of top 50 cities in China with the most intensive new energy industry. Wuhan in Central China's Hubei province ranked fourth on the list.
2022 has seen 11 foreign-funded automobile industrial chain projects carried out in WEDZ with investments totaling 21.42 billion yuan ($3.02 billion).
China's Central Hubei province recently rolled out a dozen policies to support the development of the hydrogen energy industry and sponsor all sections of the hydrogen energy industrial supply chain.
Wuhan Economic & Technological Development Zone (WEDZ) has become home to nine carmakers, 13 automobile manufacturing factories, and more than 500 long-standing auto component suppliers.
Data from the bureau of statistics of the Wuhan Economic & Technological Development Zone (WEDZ) on Oct 31 showed that from January to September this year, the zone reported 63.09 billion yuan ($8.69 billion) in fixed asset investment.
