Yesterday witnessed the opening of the 3^rd World Hangzhou Entrepreneurs Convention, at which four elites won the title of “Meritorious Hangzhou Entrepreneurs”.

Hangzhou is now home to a remarkable number of outstanding youth entrepreneurs,who make upthe Hangzhouentrepreneurs-centered “New Four Armies” in entrepreneurship & innovation including Zhejiang Entrepreneurs Group, Groupof Entrepreneurs from Zhejiang University, Groupof Entrepreneurs from Alibaba and Overseas Returnees Group.The information technology here is thus blooming, contributing to more than half of the economic growth.