Hangzhou holds an investment promotion conference in Tokyo on April 24. [Photo/tidenews.com.cn]

As a key lead-up to the Hangzhou Day at Expo 2025 Osaka, the Meet Hangzhou in Tokyo Investment Promotion Conference was held in Tokyo on April 24, showcasing the Chinese city's dynamic business environment and investment potential.

The promotion event drew over 60 representatives from Japanese companies and institutions and resulted in the signing of agreements for three projects totaling $120 million. These include a Japanese-style elderly care facility, a pharmaceutical project, and a high-speed VCSEL development initiative, spanning sectors such as high-end manufacturing, biotech, and senior care.

At the expo's press briefing, officials announced that the Hangzhou Day at the China Pavilion will take place on July 13. Leading Hangzhou-based tech firms like Unitree Robotics and BrainCo are set to showcase their innovations at the event.

Hangzhou is currently prioritizing the development of five major industrial ecosystems — smart IoT, biomedicine, high-end equipment, new materials, and green energy — alongside emerging industries such as AGI, low-altitude economy, humanoid robotics, brain-computer interfaces, and synthetic biology. The city also aims to enhance digital, tech, financial, logistics, and business services.

Japanese investment in Hangzhou continues to rise. By the end of 2024, over 280 Japanese companies had established operations in the city, with total investment reaching $11.75 billion. Notably, Yokohama Rubber recently announced a $500-million expansion project in Hangzhou — one of the largest foreign manufacturing investments in the past decade.

Delegates from Hangzhou and Japan talk during the conference. [Photo/tidenews.com.cn]