Wudang EDZ witnesses robust industrial growth in H1

According to the Wudang Economic Development Zone (Wudang EDZ) Management Committee in Wudang district, in the first half of this year, 46 industrial enterprises above designated size in the zone generated a total of 4.45 billion yuan ($627.45 million) in industrial output, accounting for 96.18 percent of the district's total industrial output. 

The industrial added value reached 1.45 billion yuan, remaining stable compared to the same period last year, while industrial investment reached 883 million yuan, a year-on-year growth of 122.9 percent.

The health and medicine industrial park in Wudang district. [Photo/ddcpc website]

Among them, the health and medicine industry and electronic information manufacturing industry achieved a combined 3.575 billion yuan in output, accounting for 80.33 percent of the zone's total output.

In the first half of 2024, the zone was home to 16 high-tech enterprises among its industrial enterprises above designated size, with a total output value of 3.55 billion yuan, accounting for 82.45 percent of the zone's total output.

Additionally, 174,000 square meters of new standard factory buildings were built, 567,800 sq m of new standard factory buildings were made available, and two new industrial enterprises above designated size emerged: Fangkai Packaging and Hengshuangcheng Electromechanical.