Hangzhou's unexpected innovation is not a coincidence

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With the popularity of DeepSeek and Unitree humanoid robots, Hangzhou becomes a popular city due to sci-tech innovation. Why?

In short, Hangzhou has abundant innovation resources, with inclusive business environment, vigorous private economy and strong talent attractiveness.

In 2024, Hangzhou's GDP exceeded 2,000 billion yuan, and the added value of core industries in digital economy occupied 28.8 percent. In 2025, Hangzhou has clarified three technological investment policy: the average annual growth rate of municipal financial investment in technology is more than 15 percent; over 15 percent of the annual added financial resources in the whole city are used for technological investment; 15 percent of the existing industrial policy funds are used to cultivate and develop new quality productive forces.

The unwavering support for innovation is expected to help Hangzhou enjoy more highlight moments in the future.