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Hangzhou

chinadaily.com.cn Updated: 2020-07-29

As one of the first batch of Chinese cities to develop the digital economy, Hangzhou, capital of East China's Zhejiang province, is shaping up to become a hub to lend its “digital power” to all the industries in the country.

In recent years, in line with Hangzhou’s development plan to build itself into a leading city for the digital economy, local enterprises represented by internet juggernauts Alibaba and NetEase continue to expand their presence in the field of digital industrialization.

Through the technologies of cloud computing, big data and artificial intelligence, they offer digital services to support the development of other companies, especially in the internet and manufacturing industries.

Ye Jianhong, chief of Xiaoshan district, a digital economy hub in Hangzhou, said that more enterprises, professionals and investors operating in the information economy sector are gathering in the district, joining local industrial clusters such as Intelligence and Health Valley, Artificial Intelligence Valley and Scene Science and Technology Valley.