Digital economy powers growth in Hangzhou's sci-tech corridor
A bird's-eye view of the Future Sci-Tech City. [Photo/hangzhou.gov.cn]
In the first half of 2025, the Chengxi Sci-Tech Innovation Corridor in Hangzhou, the capital of East China's Zhejiang province, saw strong growth, with its industrial value going up 1.5 times more than the provincial and city averages.
The core digital economy hit 140.03 billion yuan ($19.62 billion), up 10.6 percent, according to the corridor's managers.
The corridor is speeding up integration and innovation, supported by major transport projects like the Wenyi West Road extension and cross-regional links to cut travel times between key sci-tech parks, like the Future Sci-Tech City in Yuhang district and the Qingshan Lake Sci-Tech City in Lin'an district.
Talent development is also advancing, with 5,199 new high-level talents added in the first half of the year, making up 25.7 percent of the city's total. Universities and research institutes, like Westlake University and Zhejiang University, are pushing the use of scientific achievements.
Looking ahead, the corridor will grow AI, synthetic biology, aerospace, and quantum information industries, launch public tech service platforms in life sciences and drug R&D, and deepen sci-tech finance changes to help startups.
A bird's-eye view of the Qingshan Lake Sci-Tech City. [Photo/hangzhou.gov.cn]
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