The vibrant eastern city of Hangzhou, renowned as the home of e-commerce giant Alibaba and rising AI star DeepSeek, is taking bold steps to cement its position as a top-tier innovation hub.
At a recent press conference, Lou Xiuhua, head of the municipal bureau of science and technology, revealed a comprehensive plan aimed at:
- Enhancing high-level innovation platforms
- Promoting technology transfer and application
- Empowering enterprises as the main drivers of technological innovation
One of the standout measures is a partnership plan designed to foster collaboration between tech innovation platforms, universities, enterprises, and industrial chains. This initiative aims to create a synergistic ecosystem where ideas flourish and innovations thrive.
Hangzhou is also ramping up its infrastructure with accelerated construction of key facilities, including large-scale models and advanced computing power infrastructure. To support this growth, the city will allocate more computing power vouchers—a government subsidy tool that enables small and medium-sized enterprises (SMEs) to access computing resources at reduced costs. This move is set to fuel innovative AI applications and drive digital transformation across industries.
Additionally, the city is launching an \"AI+\" initiative to seamlessly integrate AI technologies across various sectors. A noteworthy reform is the introduction of a \"use first, pay later\" model, encouraging universities and research institutions to license their technological achievements to SMEs, fostering a dynamic environment for innovation.
Hangzhou, the capital of Zhejiang province, has long been a powerhouse in the internet and tech industries, leading advancements in e-commerce, AI, and digital transformation. With these new measures, the city is poised to further accelerate its growth and maintain its status as a leading tech hub.
Reference(s):
cgtn.com
