The visual intelligence industry chain, with digital security as its core application, represents the highest maturity level and largest scale within the intelligent Internet of Things ecosystem in Hangzhou. As one of the national advanced manufacturing clusters, the visual intelligence industry cluster in Hangzhou has become one of the city's most iconic industries, and it has preliminarily formed a complete industrial chain system.

In the field of artificial intelligence, Hangzhou ranks second in the comprehensive evaluation of AI, following only Beijing. In the integrated circuit field, Hangzhou's integrated circuit design industry covers mainstream products such as microprocessors, logic circuits, and memory, and its industry scale ranks fourth nationwide. Hangzhou also maintains a leading advantage in the field of cloud computing.

In 2022, Hangzhou's core digital economy industry achieved an operating income of 1.64 trillion yuan ($236.87 billion), with the value added breaking through 500 billion yuan, a year-on-year increase of 2.8 percent and accounting for 56.5 percent of the total in the province. The core digital economy industry accounted for 27.1 percent of the city's GDP.

The integrated circuit industry, robotics industry, and artificial intelligence industry maintained double-digit growth, with growth rates of 10.2 percent, 13.4 percent, and 11.3 percent, respectively. In 2022, the city achieved a digital trade value of 246.25 billion yuan, accounting for 38.9 percent of the total in the province.