Yangtze River Delta
Doing Business in Hangzhou
China's e-commerce and digital economy capital, home to Alibaba and a thriving tech ecosystem with lower costs than Shanghai.
Why Hangzhou?
✓
Digital economy and e-commerce leadership (Alibaba HQ)
✓
Zhejiang FTZ with cross-border trade and digital focus
✓
Lower talent and office costs than Shanghai
Key Industries
E-commerceTechnologyTextilesTourism
GDP
1.81 trillion RMB
FDI
8.8 billion USD
Setup time
30-45 days
Pros & Cons
✓ Advantages
- •Digital economy leader
- •High quality of life
- •Strong private sector
✗ Challenges
- •Limited industrial land
- •Rising costs
- •Traffic issues