Hubei's Ambitious Plan to Build a Leading Laser Industry by 2026

TapTechNews August 5th news, on August 2nd, Hubei issued the Implementation Opinions on Promoting the High-quality Development of the Laser Industry (hereinafter referred to as the Implementation Opinions), clearly stating that it will comprehensively implement five tasks of promoting innovation, extending the industrial chain, expanding the scale, upgrading the level, and strengthening the guarantee. It is striving to reach a laser industry scale of 50 billion yuan in Hubei by 2026 and build a global leading laser industry highland and technological innovation source.

Hubeis Ambitious Plan to Build a Leading Laser Industry by 2026_0

The Implementation Opinions proposes that first of all, it is necessary to strengthen the main position of scientific and technological innovation of enterprises and encourage laser enterprises to increase R & D investment. Among them, for the main unit undertaking the construction task of the national original innovation source in the laser field, it can be supported with reference to the provincial key core technology research and development project, and a one-time subsidy of 10% of the project investment is given, and a single project does not exceed 10 million US dollars.

Secondly, further consolidate and extend the laser industry chain. The plan clearly states that not only should provincial enterprises be encouraged to continue to strengthen and optimize fiber lasers, but also accurately attract superior enterprises from other provinces to settle in Hubei for the shortcomings and weaknesses in the core materials and key components in the upstream of the industrial chain, and accelerate the improvement of the local supporting capacity of local laser enterprises in Hubei.

At the same time, it is necessary to accelerate the integration of lasers with other industries, expand the research and development and application promotion of various equipment such as laser processing, laser cleaning, laser diagnosis and treatment, and lidar, and drive the growth and expansion of the laser industry by enabling the integrated development of thousands of industries.

Hubeis Ambitious Plan to Build a Leading Laser Industry by 2026_1

In terms of enterprise cultivation and the clustered development of industrial clusters, the plan clearly states that it is necessary to build a cultivation echelon of specialized, refined, distinctive, and new, and manufacturing individual champion enterprises. For laser enterprises with an annual operating income that breaks through 5 billion US dollars, 10 billion US dollars, and 20 billion US dollars for the first time, a one-time reward of 2 million US dollars, 5 million US dollars, and 10 million US dollars will be given respectively. In the province, it is necessary to promote the manufacturing links of Wuhan laser enterprises to extend to cities such as Huangshi, Ezhou, and Shiyan to form a good pattern of dislocation competition and coordinated development.

TapTechNews learned from the Implementation Opinions that through the implementation of a series of measures, it is striving to reach a laser industry scale of 50 billion yuan in Hubei by 2026, driving the laser application-related industries such as high-end manufacturing, photovoltaic, and lithium battery to exceed one trillion US dollars; in terms of enterprise cultivation, it is striving to build 1 enterprise with a revenue of over 20 billion US dollars, 1 enterprise with a revenue of over 10 billion US dollars, and 2 enterprises with a revenue of over 5 billion US dollars, and promote the doubling of the scale and improvement of the strength of the entire province's laser industry.

Likes