
Zhejiang University’s new campus to rise next to Westlake University
The new campus will be part of Zhejiang University’s existing Zijingang Campus, rather than a separate university campus.

The new campus will be part of Zhejiang University’s existing Zijingang Campus, rather than a separate university campus.
Zhipu’s expanding Hangzhou presence reflects a broader trend among China’s leading AI companies: building research, talent and commercial ecosystems outside Beijing.

The city has built 14 public drone takeoff and landing hubs, more than 600 terminal landing points and nearly 350 operational routes.

High-tech industries accounted for a record 68.1% of the city’s newly utilized foreign investment, 25.7 percentage points above the national average.

Hangzhou’s model places the government in the role of risk-sharing partner, allowing startups to focus more resources on development.

Wang’s remarks reflect Hangzhou’s ambition to position itself not simply as China’s leading AI hub, but as a global center for open-source innovation.

Among professionals aged 16 to 34, it has become one of the most attractive destinations outside China’s top-tier cities.

The release came one day after Hangzhou unveiled a three-year action plan to become China’s leading hub for AI-powered one-person companies.

The Hangzhou-based AI upstart is among 308 newly added unicorns globally and has also entered the top 15 of the overall global unicorn ranking.

The two-day event transformed the central plaza of Hangzhou Children’s Park into an immersive open-air technology showcase.