Hangzhou has transformed into a thriving megacity boasting a population of over 10 million. Its economic output is approaching 2 trillion yuan. In response to new challenges, Hangzhou releases a comprehensive plan, outlining the top ten initiatives to build the international metropolis and foster a robust industrial hub.
Towns or sub-districts enjoy great potential to achieve secondary development in digital economy. Among them, Gudang Sub-district shines prominently. It is home to numerous innovative technology enterprises, such as Ant Group. Furthermore, over 1,800 sci-tech enterprises, such as MR TECH and FABU.AI, are nurtured in this region. These enterprises can not only contribute to the local economy, but also trigger digital economy throughout the city.
Hangzhou will take multiple measures to create the happiness of people's well-being. Hangzhou seeks to upgrade neighborhood communities of migrant workers, by building kindergartens, installing elevators, launching vocational skill training. In addition, Hangzhou cooperates with colleges and universities to offer learning opportunities for technical workers. It encourages enterprises to create a community with a shared future for employees, and extends policy support to demonstration enterprises.
The scenic areas are very promising to develop tourist economy themed by the Asian Games. Hangzhou encourages various scenic areas to develop tourist routes themed by the Asian Games. Notably, Xiaoshan District is building a large-scale park beside Xianghu Lake, and it will serve as the venue for the opening & closing performance of the Asian Games and the main torch installation, which is expected to be open to the public in May, 2024.