The First Global Digital Trade Expo will be held from 6th to 9th December at Hangzhou International Expo Center. Hangzhou was selected as the host thanks to the superior “digital trade ecosystem” in Hangzhou and Zhejiang. In 2020 Zhejiang took a lead in China in the total volume of digital trade with 433.4 billion yuan. The annual average growth increased by over 20%, higher than the national average level. Hangzhou, with 278 billion yuan, accounted for 64.1% of the total volume of Zhejiang, staying ahead in the competition.