BusinessPhoto: NDTV BusinessChina's Industrial Rise: Hefei's $500M Bet on BOE Screens
In 2008, Hefei invested $500 million in BOE Technology, then the ninth-largest LCD maker globally, providing land, utilities, and capital—nearly 10% of its annual revenue. BOE grew to become the world's largest display-panel manufacturer, producing about a quarter of smartphone screens worldwide. This investment exemplifies how Chinese cities compete by backing industries to drive growth and industrial power.
NDTV Business··Hefei


