Hangzhou’s ‘296X’ clusters outpace industry growth in Q1
Output from the clusters rose 8.5% year-on-year, outpacing large-scale industrial growth by 1.6 percentage points.
Output from the clusters rose 8.5% year-on-year, outpacing large-scale industrial growth by 1.6 percentage points.
Liu said advancing the “296X” initiative would be central to achieving major breakthroughs during Hangzhou’s 15th Five Year Plan period (2026-2030).
Coupons will be issued in 10 denominations ranging from 5,000 yuan to 200,000 yuan, allowing firms of different sizes to match subsidies with borrowing needs.