According to Hangzhou Municipal Bureau of Economy and Information Technology, the value added of the core industries of digital economy reached RMB 352.1 billion from Q1 to Q3, up 14.8% compared with the same period last year. The operation revenue from January to November reached RMB 1.4457 trillion, up 22.1% compared with the same period last year. The growth rates of core industries such as information software, electronic information manufacturing, and E-commerce remained above 10%. Future industries like AI and blockchain are rising rapidly. Future factory and the digitalization of manufacturing are progressing in all respects. The construction of new infrastructures such as 5G and data centers has been accelerated… Nowadays digital economy has become Hangzhou’s main engine for quality development, new driving force for transformation and upgrading, and main battlefield for innovation and entrepreneurship.