Donghu to benefit the local economy

As the core area of China (Hubei) Pilot Free Trade Zone, Wuhan offers an example of how high-tech industry benefits the local economy.

Shenzhen China Star Optoelectronics Technology Co, Ltd, a subsidiary of TCL Corp, announced on March 31 it will invest 35 billion yuan ($5.08 billion) to build a plant in Wuhan.

Located in Wuhan Donghu High-Tech Development Zone, the project will produce high-resolution, flexible and foldable display panels for smartphones.