Recently, JIC Leasing funded an electronic information industry base to support the development and infrastructure construction of the optoelectronic information industry. The area where the project is located is the world’s largest optical fiber and cable (OFC) R&D base, China’s largest optical device R&D and production base and laser industry base, known as the Optics Valley of China.

The OFC manufacturing industry in this area accounts for 66% of the national market and 25% of the international market, ranking first in the world in terms of sales volume, and has grown world-renowned industry leaders such as CICT, YOFC, HGTECH and Huagong Laser. Thus far, Chinese communication giants such as Huawei and MIUI have also established regional headquarters in the area.

According to the 14th Five-Year Plan, the area will continue to expand and strengthen the optoelectronic information and life health industries among the pillar industries, and form two RMB 1 trillion industrial clusters of optical core screen terminal network and life health. In respect of emerging forms of business, further efforts will be made to integrate the digital economy with new consumption. In terms of future industries, the area will encourage key fields such as artificial intelligence, quantum information, brain science, biology, aerospace, new materials and new energy to foster a number of original industries leading the future, and form new business forms and models.

The funds will be used to build the optoelectronic information industrial park and upgrade its infrastructure. JIC Leasing will actively implement the 14th Five-Year Plan, assist in new infrastructure construction, continuously increase support in electronic information, equipment manufacturing and other fields, and facilitate the construction of modern industrial systems and digital development.