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hangzhou national high-tech development zone

chinadaily.com.cn| updated: august 13, 2020

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hangzhou high-tech zone (binjiang) was established in june 2002 with the integration of the management systems of hangzhou national high-tech zone and hangzhou binjiang district.  

established in hangzhou, zhejiang province, in 1990, the hangzhou high-tech zone, which occupies about 92 square kilometers, was one of the first batch of state-level hi-tech industrial zones approved by the state council. it is not only the innovation source of high and new technology but also a large incubator of small and medium-size tech-based enterprises. binjiang district was established on the south bank of the qiantang river in 1996 with three subdistricts. now there are 60 communities and a population of 392,000.

hangzhou high-tech zone (binjiang) boasts an excellent location. it is only 15 km from hangzhou xiaoshan international airport, and borders the shanghai-hangzhou-ningbo expressway. it is in an important strategic area for sharing common prosperity along the qiantang river in hangzhou.

in 2018, it generated a gdp of 135 billion yuan ($19.4 billion), a year-on-year growth of 11.6 percent.

hangzhou high-tech zone (binjiang) has become a hotbed of innovation and business startups. it is now gathering momentum in the development of local manufacturing and high-tech industries.

it ranked the third among 157 domestic high-tech zones in 2018, following zhongguancun in beijing and shenzhen, according to a list issued by the ministry of science and technology.

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