The Optics Valley of China (OVC) is located in the southeast part of Wuhan city. It features various industrial parks, such as the optoelectronic park, software park, Pharmaceutical & chemical industrial park and Electric Machine park etc. It consists of more than 2000 companies, which rely on the hi-tech advantage and industry foundation of optoelectronic information industry in Wuhan East Lake Hi-tech Development Zone (EDZ).
OVC has the largest national production base of fiber-optic cable and optoelectronic devices, the largest research base of optical communications technique, and the largest industry base for laser technology. The production scale of its fiber-optic cable ranks second in the world, sharing 50% of the domestic market and 12% of the international market. Optoelectronic and laser products also share 40% of the domestic market.
From January, 2010, OVC was approved as the second national self-directed innovation demonstration zone after Beijing Zhongguan Village. East Lake Hi-Tech Development Zone and the Optics Valley of China is beginning to undertake a new historic mission enhancing the power of resource integration, innovation, industrial production and economic growth, Optics Valley of China strives to become the most important self-directed platform in China and one of the world’s class technology parks.