Statistics show that Xiangfan High-tech Zone completed industrial output value of 16.84 billion yuan from January to May, and the industrial product sales rate was 100.3%. The strong development of the industrial economy in this area has benefited from the strong pull of the four major industries.

Industrial clusters are the main driving force for regional economic development. After more than 10 years of development, the High-tech Zone has formed four major industrial clusters with distinctive features and prominent advantages such as the automotive industry, high-efficiency energy-saving, new materials, and aerospace. The output of the four major industries accounted for over 95% of the total industrial output value of the region.

The automotive industry is dominant. High-tech Zone currently forms an industrial community dominated by Dongfeng Motor Company's Xiangfan Base. The four major bases for automobile power, vehicle manufacturing, vehicle research and development, and parts and components manufacturing are beginning to take shape, forming an annual output of 100,000 vehicles and more than 300,000 units. Engine production capacity. In the first quarter of this year, the output value of the automobile industry in the district accounted for more than 90% of the total industrial output value of the district.

The energy-efficient industry cluster has developed steadily. In order to chase after Japan Electric, strong company as a leader, high-tech zones gathered Tiangong, Shixiang and other motor soft start more than 30 companies, forming the country's largest soft start industrial cluster.

The new material industry group is developing strongly. Represented by Hubei Xinhuaguang Information Material Co., Ltd., it is mainly engaged in the production and sales of optical glass, microcrystalline glass substrates and new environmentally-friendly optical glass. At present, the high-value-added and high-profit-making products with proprietary intellectual property rights have become the leading products of the company.

While taking leading enterprises as the core and enhancing industrial agglomeration capabilities, Xiangfan Hi-tech Zone takes industrial parks and industrial bases as the carriers, and focuses on the four characteristic industries and their supporting projects to vigorously carry out industrial investment promotion. In the first five months, the region's fixed assets investment was 1.28 billion yuan, an increase of 73.01% year-on-year.

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