
Hangzhou a model of innovation
China DailyAn online shop based in a village in Tonglu county, Hangzhou, made its first deal in October 2014. "The Hangzhou model, with its emphasis on tertiary industry, especially fast-growing industries including internet financing, e-commerce and big data, stands for a Chinese path of development," Yan Jiuyuan, a researcher at Trigger Trend Research Center, a Guangzhou-based think tank, wrote in an analysis widely spread on the internet. Despite downward pressure on the domestic economy, Hangzhou's GDP increased by 10.8 percent in the first half of this year, ranking first among 26 major Chinese cities, according to the Hangzhou government. "Innovation will be highlighted at the summit, as the whole planet is seeking a new growth model," said Huang Wei, chief of global governance studies with the Chinese Academy of Social Sciences. Chen Fengying, a researcher on the global economy at the Chinese Academy of Social Sciences, said Hangzhou is the best example of a city linking China's past, present and future.
History of this topic

China's tech hub unveils measures to boost innovation
China DailyReservation for Hangzhou's 10 digital economy tourist sites begins
China Daily
Reservation for Hangzhou's 10 digital economy tourist sites begins
China Daily![Hangzhou event gives Asian fashion a chance to take on Western brands[2]- Chinadaily.com.cn](/static/images/error.jpg)
Hangzhou event gives Asian fashion a chance to take on Western brands[2]- Chinadaily.com.cn
China Daily
Foreigners in China feel dynamics of Internet economy
China Daily
Alibaba shows how tech can boost inclusivity
China Daily
New trading town offers a wealth of tastes from around the world
China Daily
New trading town offers a wealth of tastes from around the world
China Daily
Hangzhou's innovation efforts encourage startup firms
China Daily![Alibaba makes Beijing a hub[1]- Chinadaily.com.cn](/static/images/error.jpg)
Alibaba makes Beijing a hub[1]- Chinadaily.com.cn
China Daily![Alibaba makes Beijing a hub[1]- Chinadaily.com.cn](/static/images/error.jpg)
Alibaba makes Beijing a hub[1]- Chinadaily.com.cn
China DailyDiscover Related











































