Hangzhou’s economy grows 5.6% in Q1 2026, outpacing national average
The data comes as Hangzhou enters the first year of China’s 15th five-year planning cycle (2026-2030) and steps up its push toward becoming a 3 trillion-yuan economy.
The data comes as Hangzhou enters the first year of China’s 15th five-year planning cycle (2026-2030) and steps up its push toward becoming a 3 trillion-yuan economy.
It has already been deployed in more than 400 hospitals nationwide, serving over 50 million patient visits and improving triage efficiency by up to 50%, the company said.
Based on 2025 annual filings of A-share listed companies, the bank ranked as Zhejiang’s most profitable listed firm for the seventh consecutive year, with 29.33 billion yuan in net profit.
The release follows an extended, almost 3-month delay that industry sources attribute in part to a transition in training infrastructure from Nvidia GPUs to Huawei Ascend chips.
Proceeds from the latest funding will be used to advance core technologies and accelerate large-scale deployment across specialized industrial scenarios nationwide.
The map divides the ecosystem into five layers: robot bodies, “brains” (software and control systems), core supply chain, application scenarios and listed firms.
The model integrates Geely’s electric vehicle manufacturing capabilities, its G-ASD L4 autonomous driving system, and Caocao’s decade of ride-hailing operational data.
The approval suggests a potential reopening window for Chinese companies seeking US listings, following tighter regulatory scrutiny in recent years.
Chief Executive Jia Yonghua said traditional automated production is reaching its limits amid increasingly fragmented demand and shortages of skilled labor.
The new cockpit system moves beyond voice recognition to execute complex user requests, marking what the companies describe as a transition toward “agentic AI.”