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Year-ender: Hangzhou's industrial achievements in 2020

ehangzhou.gov.cn| Updated: January 27, 2021 L M S

1. The Hangzhou-initiated health codes have been promoted across China. They have been used by 33.13 million people and shown a total of 3.14 billion times by Jan 10, 2021.

2. Hangzhou set up a total of 8,277 base stations for 5G telecommunications in 2020. It was also active in reducing costs and increasing efficiency in 5G development.

3. Hangzhou continues to increase support for science and technology companies, with a total of 3,393 small- and medium-sized such companies included in the national incubating list.

4. The Hangzhou-based tech giant Alibaba Group started its Nov 11 global shopping festival on Nov 1, 2020 and generated 498.2 billion yuan ($77.3 billion) in gross merchandise volume by the end of Nov 11, 2020.

5. From January to November 2020, Hangzhou's artificial intelligence industry made 135.1 billion yuan in annual revenue and 23.46 billion yuan in profit, accounting for 58.37 percent and 82.84 percent of Zhejiang province's total.

6. The third China International Import Expo, which was held in Shanghai from Nov 4 to 10, 2020, attracted 3,023 professional buyers and 7,294 visitors from Hangzhou.

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Alibaba Group's Nov 11 global shopping festival in 2020 generates 498.2 billion yuan ($77.3 billion) in gross merchandise volume. [Photo provided to chinadaily.com.cn]

     
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