Wuyi county in Jinhua saw its investment in high-tech industries increase by 37.8 percent in the first half of the year, ranking first in the city in terms of growth rate, according to the Wuyi science and technology bureau on Aug 15.
From January to June in 2022, the added value of the county's high-tech industries accounted for 54.9 percent of the added value of industries above designated size. The development of high-tech industries have been driving the county's economic development.
High-tech projects such as ultra-high-speed and high-polymer optical fibers, microelectronic etching materials, and lithium battery materials have attracted much investment. In the first half of the year, agreements for three high-tech projects with investment exceeding 100 million yuan ($14.72 million) each were signed to be carried out in Wuyi county, amounting to about 1.49 billion yuan in total investment.
The county also released various measures to reward newly introduced high-tech products and give priority to industrial parks and research and development centers of high-tech industries.
