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Hangzhou to invest $7b in supporting innovation

Hangzhoufeel| Updated: September 22, 2021 L M S

Hangzhou in East China's Zhejiang province will invest 50 billion yuan ($7.74 billion) over the next five years in supporting technological and industrial innovation among private companies. Hangzhou is currently home to 7,711 national high-tech companies and 14,576 provincial.

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