
Zhejiang leads China’s 2026 private-sector innovation rankings
The trend reflects a broader shift in Zhejiang from “follower” innovation toward technology-led competition.

The trend reflects a broader shift in Zhejiang from “follower” innovation toward technology-led competition.

In 2025, the sector’s output value among large-scale industrial companies reached 379.5 billion yuan, ranking second in Zhejiang province.