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China's Hubei to develop strategic emerging industries in 2021-2025

August 18, 2021


Abstract : The output value of strategic emerging industries in central China's Hubei Province is expected to reach 5 trillion yuan, with their added value accounting for 20 percent of the province's GDP by 2025, according to a five-year plan released recently by the local government.

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A worker is busy on a production line at Dongfeng-Renault plant in Wuhan, China's auto hub in the central province of Hubei, Feb. 1, 2016. (Xinhua/Wang He)

BEIJING, Aug. 18 (Xinhua) -- The output value of strategic emerging industries in central China's Hubei Province is expected to reach 5 trillion yuan, with their added value accounting for 20 percent of the province's GDP by 2025, according to a five-year plan released recently by the local government. 

During the 14th Five-Year Plan period from 2021 to 2025, Hubei will make efforts to develop strategic emerging industries including new generation information technology, big health, high-end equipment, advanced materials, new energy, new energy vehicle (NEV) and intelligent connected vehicle (ICV), energy conservation and environmental protection, digital creativity and technology services. 

By 2025, Hubei is expected to see the output value of the new generation information technology and big health industries each stand at about 1 trillion yuan, according to the plan. 

Meanwhile, the new energy, and the NEV and ICV industries in the province will see their output value each stand at about 100 billion yuan by 2025. (Edited by Hu Pingchao, Wang Siyi, hupingchao@xinhua.org)

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Keyword: NEV Hubei strategic emerging industries

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