
Zhejiang targets 95% EV adoption for new buses and taxis in 2026
The policy calls for public-sector buyers to prioritize new-energy and methanol-powered vehicles across public transit, sanitation, driving schools and postal delivery fleets.

The policy calls for public-sector buyers to prioritize new-energy and methanol-powered vehicles across public transit, sanitation, driving schools and postal delivery fleets.

Exports of mechanical and electrical products — Zhejiang’s largest export category — rose 5.9% to 661.8 billion yuan, accounting for 47.4% of total outbound shipments.

The plan places humanoid robots among Zhejiang’s priority industries as China intensifies efforts to commercialize embodied AI and advanced robotics.

In the innovation sector, Zhejiang plunged 16.14 billion yuan into 211 science and technology foundation projects, with an investment completion rate of 38.47%.

The initiative lays out 16 measures spanning corporate R&D, innovation platforms and commercialization, with a focus on making companies the main drivers of innovation.

The province’s core AI sector generated more than 700 billion yuan in revenue in 2025, up 20% from a year earlier.

The journey marked China’s first ultra-long-distance autonomous navigation by an unmanned vessel in open waters.

Hangzhou continued to dominate the landscape, home to 48 of the province’s unicorns, up from 44 last year—when it already hosted roughly four out of every five such startups.

The latest revision expands its forward-looking layer, with a sharper focus on space technology and low-altitude aviation systems.

The policy outlines 12 measures spanning areas such as market entry, compliance guidance, rights protection, credit support and regulatory oversight.