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According to statistics, Hubei's equipment manufacturing industry, such as the number of enterprises, assets, employment, and other indicators, accounted for a quarter of the province's industry, and the added value and sales revenue accounted for about one-third. Last year, the province's equipment manufacturing industry completed an output value of 187.798 billion yuan, which was 2.4 times that of 2000. At present, Hubei's cogeneration equipment is at the leading position in China; lasers and laser processing equipment have the largest variety, largest output, and leading level in the country; optical communication equipment and devices have the highest level of R&D and production; the output of optical fiber and cable ranks first in the country and the world. second.
On August 4th, from the Hubei Province's revitalization equipment manufacturing industry televised conference, the province’s equipment manufacturing industry saw an average annual increase of 19.1% during the “10th Five-Year Plan†period. At present, the added value of the province’s equipment industry ranks 9th in the country.