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Unloading the "Internet Capital" aura, where is the next stop in Hangzhou?

via:博客园     time:2019/4/18 12:45:31     readed:215


Original title: Hangzhou's next stop: Unloading “Internet Capital”, Halo, how does Hangzhou lead the next 20 years of innovation?

Text / Liu Aiguo

Data Support: Titanium Industry Research Institute

Source: Titanium Industry Watch (ID: Taifangwu)

On April 2, 2019, a paper approval from the People's Government of Zhejiang Province was screened in the circle of friends in Hangzhou.

The content of the document is to combine the Hangzhou Economic and Technological Development Zone and the Dajiangdong Industrial Cluster to form the Qiantang New District. This rumor that has been circulating for five years in the market has finally come to fruition.

The idea of ​​this cross-river district was first mentioned from the local forum in 2014. By 2018, this rumor started to start with the full line of the Dadongdong subway, and it began to heat up.

Spring river plumbing, the property market prophet. In April 2018, Dajiangdong's first rocking property, East Lake City, began to register on the 23rd, and there were 3,000 people robbing 180 suites. Among the buyers who lined up, there were locals from Hangzhou, Xiaoshan and Xiasha, as well as foreigners from Qiandaohu, Wenzhou and Taizhou. In just four days of registration, there were even people who spent money to hire people to line up and start here at 4 am.

Despite the rush to grab the house, it quickly cooled down in the regulation of the most stringent regulation in history. However, at this time, the big Jiangdong, whose price is only 10,000 yuan, has become the few remaining in the eyes of Hangzhou buyers. ” and "price 洼地”.

After the merger, the total planned area will reach 531.7 square kilometers, exceeding the traditional four old towns of Hangzhou & mdash; & mdash; the total area of ​​Xihu District, Gongshu District, Shangcheng District and Xiacheng District, and become the base for the development of high-end manufacturing in Hangzhou.


Planning scope of Qiantang New District

In the past, along the theme of technology and intelligent manufacturing, it is rare to build an industrial new city in the history of Hangzhou's urban development.Behind this magnificent blueprint is the self-innovation of Hangzhou's urban industry.The opening of this revolution has already shown signs.

As an ancient capital in the south of the Yangtze River, which is famous for its beautiful scenery and humanistic heritage, tourism was once the pillar industry of Hangzhou's economy. After the reform and opening up, it is also one of the most active cities in China's private economy. Since the beginning of the 21st century, the rise of the digital economy has spurred a new round of development in Hangzhou and has become a key driver of Hangzhou's new first-tier cities. This small and livable city, in the round of economic wave, innovates and changes, and draws its own world.

The city sign of Hangzhou is a Jiangnan painting with a variant of “hang”. Compared with the 10,000-ton wheel, such as Beishangguangshen, the paintings are light and easy to turn around. Every turn of the city will be stirred up in the deep waters of China's economic reforms.


Radical year

The Future Science and Technology City, located in the west of Hangzhou, is the technological highland built by Hangzhou Heavy Gold. It carries the dream of Hangzhou benchmarking “Silicon Valley” and becomes a hot spot for this historical and cultural city to attract scientific and technological talents.

Here is the commanding heights of China's e-commerce and Internet finance. It has an entrepreneurial atmosphere and house price trajectory similar to Beijing Wudaokou. It is known as the “Cosmic Center of Hangzhou”.

The future science and technology city officially opened in 2013, starting from Ali Park and Haichuang Park, extending westward to Laoyuhang and connecting to the West Lake District to the east, countless Internet startups, like the stars, are reunited in Alibaba. The core is on 114 square kilometers of land.

There was a passage in this place. When Ma Yun visited the location of Taobao City here, it was still a wetland and paddy field. When passing here, a big fish just jumped out of the water. Ma Yun was in a good mood: this is the squid Yuelongmen Signs. From then on, there is the Xixi Park in Alibaba.

At that time, the Xixi Wetland was indeed a piece of scenery in the western suburbs of Hangzhou, which is suitable for both living and business. “Feng Shui Treasure Land”.


Yuhang District Future Science and Technology City under construction

Facts have proved that this land has given birth to the most brilliant five years of the Hangzhou Internet economy. Not only witnessed Alibaba's butterfly change from the local e-commerce boss to the global technology giant, but also hatched a large number of small unicorns such as the rookie network, nails, the same shield, start, love and meters.Most of these little unicorns have an inseparable relationship with Alibaba.Or Ali direct investment, or the core backbone from the Ali company. Under their embrace, Hangzhou has become a sacred place for China's e-commerce and Internet finance, leading the golden five years of China's Internet economy.

In addition to the future of the science and technology city of the sea, there is another Haichuang Park & ​​mdash; & mdash; Binjiang Haichuang base.

It used to be the headquarters of UT Starcom. This circular building, which faces the Liuhe Tower across the river, has been repeatedly ridiculed by the Hangzhou people for its feng shui due to the architectural pattern. Another Internet singer who was in the riverside in the future, when he first came to Hangzhou, threw a joke to his companions who visited the park:

“The heart bridges, no doubt. ”

Although it is just a joke, the UT Starcom at that time has already highlighted internal and external problems. This giant beast, which started from the PHS and once dominated the Chinese communications industry, eventually collapsed in the "experience" and "blind expansion" [1],Becoming a classic lesson in the history of the development of local technology industry in HangzhouInspire and motivate subsequent entrepreneurs not to repeat the same mistakes. The building, once known as “the first single building in Asia”, has changed hands in the future and was eventually recycled by the Binjiang District Government, becoming an important incubator for technology entrepreneurship in Binjiang District.

The Binjiang Haichuang Base, which opened in 2012, ushered in a wave of startup companies. After the consolidation, the “feng shui problem” was gradually no longer mentioned. The district government has positioned the new park as an overseas high-level talent innovation and entrepreneurship base, and has delineated eight industry types: software service outsourcing, Internet of things, communication equipment manufacturing, cultural creativity, e-commerce, biomedicine, new energy and integrated circuit design. The district hopes to build this place into another highland of Hangzhou technology entrepreneurship.


Binjiang Haichuang Base on the Qiantang River

At that time, when the Chinese Internet industry was in a radical period, the concepts of O2O, sharing economy, Internet finance, and blockchain took turns, and a wave of waves was overshadowed. The tombstone of UT Starcom has not cooled down, and many successors will have a scar and forget the pain. Most of the entrepreneurial teams entering the park are still inevitably "customs".In order to get financing, most of the entrepreneurial projects are hard-pressed to put on the "Internet +" cloak.

“All the sellers of oil sticks must claim to be O2O mode, according to the valuation of Internet companies”. This is a true portrayal of the time.

During this period of Hangzhou's major parks, there were booths promoted by entrepreneurial teams everywhere. In each creator cafe, VC investors from all over the country were active. “Don't tell the story of BAT in the background of BAT, and the story of a few million angels can be played in various entrepreneurial parks in Hangzhou.

Under the chase of capital and the noise of the media, China's Internet economy has culminated in the past five years. Hangzhou, the traditional tourist city of the people, has also been put on the “Internet Capital” laurels.


Return to the original

Nowadays, it is a few happy ones to open up the catalogue of the future technology city's “unicorn”. These enterprises, which were quickly spurred by capital, went to the ice and fire poles five years later.The surviving players have become the upstart of the industry with rapid product precipitation and technology accumulation.And some of the glitz built on the illusion, but collapsed in a roar.

On November 27, 2018, the Yuhang District Bureau of Hangzhou Public Security Bureau issued a briefing on the case. The report showed that on November 25th, the Yuhang District People's Procuratorate of Hangzhou approved the arrest of 22 suspects involved in the grassroots investment, such as Jin Zhongyu. The P2P online lending platform, which is known as a registered user of RMB 9.03 million and has a total investment of RMB 86.188 billion, has been awarded the capital investment of Lei Jun by the company, as one of the 19 “unique unicorns” of the future technology city.

For many hidden dangers of P2P online lending, the Hangzhou Municipal Government has long been sniffing. As early as 2016, in the first half of the Hangzhou G20 Summit, Hangzhou City opened the investigation and rectification work for the Internet finance sector. The first batch of Internet companies to conduct investigations reached 125. In the main city, many P2P companies gathered in the office building, and people went to the building at one time.

In 2018, along with a large number of P2P platforms such as Shanlin Finance, Everyone Loves Home, Haotianyou Loan, and Grassroots Investment, the nationwide P2P collapse drama finally reached its climax in Hangzhou. [2] At the end of 2018, once again entered the management committee of the future technology city, a striking guide card at the door & mdash; & mdash; & ldquo; P2P petitioning temporary reception center & rdquo;, indicating a curtain call.


August 18, 2017,

Hangzhou established the first Internet court in China.

But the Supreme Act of 2018 clearly states that

P2P lending disputes are not subject to Internet court acceptance.

After the glimpses of the light, those offices that once had a lot of people, a large area of ​​people went to the sky, a few once famous Internet unicorns, quietly fell in the broken bubble sound. However, these offices have not been vacant for too long, and then they are newly stationed in these stations.Most of them are research and development teams such as artificial intelligence, robots, and the Internet of Things.

In the winter of 2018, it became a “testing of the science and technology industry in Hangzhou”, the Binjiang Haichuang Base and the Future Science and Technology City Haichuang Park, as well as the large and small industrial parks in Hangzhou, all facing a big test at this time.

“Most of the business models and concepts have died. The companies that survived are basically cash flow, and there are technologies and products. ” A CEO who has been in the riverside Haichuang base for many years told the author.

The project that persisted began to return to the essence of the business. E-commerce companies began to sell goods honestly, consumer companies began to honestly do word-of-mouth, experience, technology companies began to do products and research and development.

“ Forget about starting a business and do business well. ”This is a mantra that is now circulating in the venture capital circle in Hangzhou.

In the past few years, the digital economy has left a large number of talents for Hangzhou. According to the “1818 Hangzhou High-end Talents and Hangzhou Drift Big Data Report”, the net inflow rate of talents in Hangzhou was 13.6%, ranking first in the country. “Hang drift” has become a big phenomenon after “North drift”.

According to the statistics of 2016, among the inflowing talents in Hangzhou, the relative amount of returnees from the returnees has invaded the north and the depths, ranking first in the country. [3] What makes Hangzhou people proud is that Hangzhou can not only introduce talents, but also retain talents. Compared with the inflow/outflow of global returnees, Hangzhou is also ranked first, with more inflows than outflows.


As of 2016, the proportion of talents inflows/outflows of Hangzhou returnees ranked first in the country.

If this credit book is on the rankings, Alibaba should be at the top. This company, which has been rooted in Hangzhou for 20 years, has grown from an entrepreneurial team of 18 people to hundreds of thousands of old students, and has cultivated a reputation for the Internet industry in Hangzhou and even China.

Ali Department, Zhejiang University, Zhejiang Business Department, and Haigui Department constitute the “New Fourth Army” of Hangzhou Science and Technology Talents.With this "New Fourth Army", Hangzhou is able to cope with any economic wave.

More important than the talent itself is the mechanism behind the introduction of talent. Through years of running-in, Hangzhou has clearly gained experience in “leading people” and “retaining people”. Excellent policies, pleasant living environment, good entrepreneurial atmosphere, competitive income/liability and cost-effectiveness make this world-famous “tourism paradise” become a “business paradise” for young talents.

Natural location advantage + first-class business environment, Hangzhou can do almost,What kind of talent can be attracted by developing any industry.

After the vent of To C, the To B economy became a new hot spot in 2018. In the face of this round of temptations, Hangzhou entrepreneurs who have experienced ups and downs are no longer triumphant, and they are calm and calm. Many ——“tire products, solid service, steady profit,”, It has also become a new requirement for some local venture capital institutions to invest in projects.

Starting from Ali's venture in Hangzhou, the digital economy represented by e-commerce and Internet finance has driven the rapid rise of Hangzhou for 20 years. During the 20 years of Hangzhou, the world around them has undergone tremendous changes ——Taobao directly to the home, almost no need to bring a wallet, buy things can even brush your face, travel a button called a special car, there are shared bicycles everywhere.Unconsciously, the city where I live has become a nationally eye-catching network.

However, just as people began to question how long the crown of Hangzhou “the capital of the Internet” can be worn, industry and urban policy makers who have experienced great winds and waves have already quietly planned for the next 20 years in Hangzhou. Relative to the general public, they need to be more far-sighted about the future of the city.

Twenty years of turbulence has made Hangzhou people understand another truth:

The digital economy can indeed improve the city's hematopoietic efficiency, but it continues to make blood and depends on the real economy.


New and old kinetic energy

At the end of 2018, Zhou Jiangyong, member of the Standing Committee of the Provincial Party Committee and Secretary of the Hangzhou Municipal Party Committee, led a delegation from Hangzhou to Beijing to carry out a series of activities for industrial investment, focusing on digital technology, artificial intelligence and intelligent manufacturing, and negotiating with well-known central enterprises, large private enterprises and university leaders. According to news reports, the delegation visited the company, including China Electronics Technology Group, Ziguang Group, China Aerospace Science and Technology, China Aerospace Science and Technology Corporation, and the Fifth Research Institute.

The secretary of the municipal party committee personally led the team to invite investment in Beijing. This move is also rare in the political and business circles in Hangzhou in recent years. In the past, most of the news records of the provinces and cities have led the team to come to Hangzhou to inspect, study, and attract investment.

Putting down the body and learning with humility, this move in Hangzhou has been well received by public opinion. In the face of these different fields of experts, Hangzhou has its own unique appeal. Yu Yingtao, co-president of Ziguang Group, who signed the contract and settled in Xiaoshan's future manufacturing town, told the media:

“From the perspective of enterprise development, our first choice is the talent living environment, and the second choice is the government's business environment. These two are different places in Hangzhou and other cities. ”

“New and old kinetic energy” has become a hot word that has been mentioned frequently from the central to the local area in recent years. Hangzhou, which has been robbed many times on the China Innovation Economy Circuit,Execution is once again apparent.From “Secretary Merchants", to “ merged districts, only a few months.

Under the efficient promotion of the government, the results are remarkable. In addition to the leading central enterprises have settled in Hangzhou, heavyweight research institutions have also come to Hangzhou to set up branches.Nowadays, the scientific research force in Hangzhou is no longer a world in Zhejiang University.Tsinghua University, Peking University, Imperial College London, and Auckland University of New Zealand have all established research and innovation platforms in Hangzhou. At the beginning of 2018, the Shenzhen Institute of Advanced Technology of the Chinese Academy of Sciences signed an agreement with the Hangzhou Economic and Technological Development Zone to set up Hangzhou Zhongke Advanced Technology Research Institute, which will explore the construction of a high-level R&D and transformation platform to create an industrial base for technology transfer and promotion.

In 2011, at a dinner party at the European and American Alumni Association, Han Qide, then vice chairman of the National People's Congress and chairman of the Association for Science and Technology, and many top scientists such as Shi Yigong, Pan Jianwei and Chen Yi, talked about the Chinese scientific and educational circles. There are many problems in the rhetoric. Han Lao homeopathic throws a question:

“You guys are born in China, grew up in China, know the advantages and shortcomings of Chinese education, and have been professors at famous universities in overseas universities. They know the advantages and disadvantages of foreign education. Why can’t they take advantage of it? And also play our role in creating a small university in China? ”

This proposal that Shi Yigong felt that “the heart is jumping out of the heart” [4] changed the future life of the world's top structural biologist. He later recalled in an interview with Dong Qian:

“We feel that it is time for everyone to join hands to create a top university for this country and for this nation. ”

This sword refers to a world-class university that has been entrusted by the Chinese people. After seven years of brewing, it finally landed in Hangzhou. The establishment of West Lake University meansThe first new research university in the history of New China, organized by social forces and supported by the state, was born.For West Lake University, the marriage with Hangzhou, which is superior in location, picturesque, policy-oriented, and talented, “Paradise Silicon Valley” may be a natural fit.


The West Lake Institute of Advanced Studies, which was first established at the end of 2016, is the predecessor of West Lake University.

The establishment of West Lake University has also broken the situation of Zhejiang University's education and scientific research on Zhejiang University's monopoly, and will become another kinetic energy center for Hangzhou's future research incubation.


Zong Qinghou, who is over 70 years old, is now running frequently in major scientific research institutes and advanced manufacturing enterprises.

The old richest man is not old, and he has repeatedly committed to the layout of cutting-edge technology and intelligent manufacturing. Jack Ma, the new richest man, still wants to run a thousand miles, extending the advantage of its cloud computing, big data, to manufacturing.It is hoped that through data empowerment, the whole manufacturing industry will be interconnected.

In Aliyun's grand blueprint, there are three key paths:

1. Intelligent transformation of factories

2. Intelligent alliance between factory and supply chain

3. Connecting Manufacturing and Consumption [5]

If the plan were proposed a decade earlier, or by a start-up, it would be ridiculed. Connecting complex and diversified industrial scenarios is much more difficult than connecting consumer scenarios. And for Alibaba, who has grown into a great tree, it is obvious that he has this background.In addition to the accumulation of capital and talents, the wealth brought to Hangzhou by the digital economy in the past 20 years has also changed its way of thinking.

This is famous for the landscape of the humanities, the achievement of the Internet economy

However, Hangzhou, which has become a virtual reality, must not be simply interpreted as


Digital manufacturing

Hangzhou is not short of manufacturing industry. Hangzhou's manufacturing industry, covered by the light of the Internet, has a solid family background.

In 1969, the state approved each people's commune to open an agricultural machinery plant, 24-year-old Lu Guanqiu immediately heard the news to apply. A patchwork of 4000 yuan

By the autumn of 1978, the farm had an annual output value of 3 million yuan and a team of 300 people. Lu Guanqiu renamed Ningwei Wanxiang Festival Factory Xiaoshan Wanxiang Festival Factory as the predecessor of today's Wanxiang Group.

Faced with the spring breeze of reform and opening up, Lu Guanqiu, bold and open-minded, quickly led Xiaoshan Wanxiangjie Factory to become a model enterprise in a very popular country. In May 1991, Lu Guanqiu appeared on the cover of Time magazine in the United States, causing a sensation. At that time, the Wanxiang Festival Factory was formally transformed into Wanxiang Group, which became the earliest gold business card of Hangzhou private economy.

Start-up stories like Wanxiang Group are ubiquitous in the history of industrial development in Hangzhou. Unlike the old industrial bases such as Northeast China, private enterprises occupy most of the cities in Hangzhou's manufacturing territory.

Open the catalogue of manufacturing enterprises in Hangzhou.In the field of mechanical heavy industry,Hangzhou has Baoding, Hangzhou steam turbine, Hangzhou pot, China Thailand, Hangzhou fork, Xizi, Haitian internationalIn the field of chemical materials,Heng Yi, Zhongzhi, Cobalt, Chuanhua, Triple, permanent MagnetIn the field of automobile industry,There are lucky, universal, Wantong, Jingu, Shuanghuan, Asia-Pacific, spring wind poweIn the field of electronic communications and semiconductors,There are Haekangwei, Dahua, Zhongwei, Huasan, Dongfang Communications, ZhongTianWei, SirijieIn the field of instrumentation,There are Juguang, Huali, Juhua, Pioneer, Jinka, JiantuoIn the electrical field,There are Haixing, Nandu, Zhongheng, Wanma, Hang Dian, Hongyan, Opp, SonnyIn the field of household appliances,There are bosses, Sanhua, Huaji, Supel, Jiuyang, Qianjiang Refrigeration


Haikangwei, the world's first producer of video security equipment

Behind a list of stars is the arduous struggle of three generations of Zhejiang merchants. Compared with many inland cities,There are no abundant mineral resources, no heavy industry foundation and no large ports.But because of this, the older generation of Zhejiang businessmen


In 2018, there were 24 enterprises in Hangzhou on the list of China's top 500 enterprises.

Although there are many star enterprises, the industry decentralization and low industrial concentration are also a major problem for Hangzhou's manufacturing industry. There have been jokes from practitioners:


This table reflects the quality of industrial investment in major cities [6]

Land shortage, rising cost and disappearance of population dividend have become the main bottlenecks restricting the industrial development of Hangzhou.Although the city relies on the first-class business environment and attracts a large number of scientific and technological talents, the development of industry can not rely solely on cutting-edge talents.Lack of blue-collar workersIt is also a major weakness of Hangzhou's manufacturing industry.

So we can see that, on the one hand, the Hangzhou government has drastically withdrawn the city and merged the districts, expanded the peripheral land, and achieved regional linkage through early planning. On the other hand, we should strengthen the transformation and upgrading of traditional industries, vigorously develop new industries, and pay special attention to the building of industrial clusters.

The essence of manufacturing upgrading is to reduce costs and improve efficiency.Accumulate 20 years of digital technology, at this time, once again become a trump card to revitalize Hangzhou's high-end manufacturing industry.

To build digital and information-based intelligent manufacturing, we can not do without the ability of information technology. From Internet to Internet of Things, Cloud Computing and Big Data, Hangzhou has always been at the forefront of China in the integration of digital technology and traditional scenes.

For defining data as

Ali, this one,

Developing manufacturing does not mean losing the Internet. Virtual economy ultimately needs to serve the real economy. Only when digital economy is combined with traditional industry, can it insert wings for the tiger to take off.

Of course, the development of emerging science and technology industries and high-end manufacturing industry requires a long process of accumulation and precipitation. Hangzhou needs enough patience to make up for its shortcomings.

The older generation of Zhejiang businessmen have worked hard to start their own businesses, laying the first foundation for the rise of Hangzhou's local industries. The new generation of Zhejiang businessmen strive for innovation and change, and continue the legend of Zhejiang businessmen with new thinking and new ideas.

Hangzhou's next stop is not so much transformation and upgrading as the integration of old and new industries.


A blueprint to the end

On the track of China's innovative economy, Hangzhou is often compared with Shenzhen. But Hangzhou is Hangzhou and Shenzhen is Shenzhen.

Compared with Shenzhen, there are no large-scale mainland immigrants in Hangzhou, and there is less in Hangzhou than in Shenzhen.

The city is comfortable and comfortable, and can be as comfortable as Chengdu. But Hangzhou is not willing. This one was once defined as

Lang Xianping commented on the Hangzhou model and said:

Extremely high efficiency of public services has become one of the most attractive advantages of Hangzhou in attracting foreign investment.At present, it has been vigorously promoted in the government affairs system all over the country.



In 2016, Hangzhou City Master Plan (2001 / 2020) was approved by the State Council. This master plan is carried out

Taking the G20 Summit and the Asian Games as an opportunity, Hangzhou has opened a new round of urban construction since 2016. This year, Hangzhou completed one hundred and sixty three billion fifty two million nine hundred and ninety nine thousand nine hundred and ninety nine yuan in investment in urban infrastructure, an increase of 20.3 percent. A number of expressways and expressways were opened to traffic, the mileage of subways increased to 82 kilometers, the trial section of the inter-city railway from Hangzhou to Fuyang and Hangzhou to Linan began construction, 15 additional public transport lines were added, and 50,999 new parking spaces were built in the main urban areas

For the people of Hangzhou, this year has been


Economic Development Planning of Hangzhou Metropolitan Area

High house prices, which have been criticized repeatedly, are now returning to rationality. Hangzhou real estate market under strong control, has rarely seen the image of speculation group. In some virtual high sectors, house prices began to fall steadily and orderly.

The style and features of the West Lake are not painted in a single day, but through the continuous construction of many dynasties and generations.

Hangzhou rulers of all dynasties respected their original features and the elements of the times when they built the West Lake. It is this idea that only around 6.38 square kilometers of water can such a rich cultural heritage be preserved.

Therefore, it is no accident that Hangzhou can become a leader in China's innovative economy.


West Lake, Qianjiang Tide

Hangzhou is redefining China's cities with its own unique posture.

At the G20 summit in 2016, leaders traveled to Hangzhou to see different colors in Chinese cities. There are no red walls and yellow tiles in the Forbidden City of Beijing, nor the splendor of Shanghai's ten-mileage field, and he has maintained his own unique urban tone for millennia.

This is a calm and gentle city, quiet as the West Lake. It is also a passionate city, striving like Qianjiang Tide.

Climb to the top of the Wushan City God Pavilion, you can at the same time enjoy Hangzhou's two types of urban character. You can also see the double features of the West Lake.


Quiet West Lake and Modern City

Perhaps Hangzhou is the only city that can blend modern and classical culture, science and technology and humanities, and integrate ecology and human settlements perfectly.This is a city that is unique in the world.

This kind of HangzhouNowadays, from Binjiang and Xiaoshan in the south to Banshan and Linping in the north, from the future science and Technology City in the west to Qiantang New Area in the east, and then to Linan and Jiande in the surrounding areas, the old forces are being reborn and new energies are being built up. The integration of traditional real economy and digital economy is in full swing.

The Qianjiang River is rolling, treading the waves and making waves, sailing thousands of boats and competing with each other. Although Hangzhou has a beautiful cultural scenery, it is by no means a pleasant and comfortable city. At no time has the city slowed down its pace of innovation or stalled in its past achievements. Successors living in this city are following the footprints of the older generations of Zhejiang businessmen, such as Lu Guanqiu and Zong Qinghou. In the tide of China's new economy, they are using new scientific and technological thinking to push Hangzhou to complete a new round of self-iteration, which leads to another butterfly change in this city.

I believe that over time, Hangzhou will bring new surprises to China.


[1] Xizhiyuan, Deep Reasons Behind the Closing Tide of Hangzhou P2P, 2018

[2] Hexun. com, UT Stacom, Dies of Empiricism, 2007

[3] Hangzhou Development and Reform Commission, Hangzhou Normal University, Report on the Internationalization of Hangzhou City, 2017

[4] Dong Qian's interview with Shi Yigong: West Lake University is the biggest thing in my life, 2019

[5] Chongqing Summit of Yunqi Conference in 2018, Ku Wei, Intelligent Manufacturing, the Important Position of Aliyun IoT, 2018

[6] Zhou Xuxia, Logic of Industrial Growth in Hangzhou, 2016

[7] Sohu Lang Xianping: Why do I like Hangzhou Model? ", 2018

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