The City Has Aimed High In Its Hosting Of Major International Events, Such As 2016's G20 Summit
LEVERAGING MOMENTUM Keen to capitalise on the presence and start-up spirit of these tech giants, the city’s government has begun to actively promote Hangzhou as a key technological hub. According to the Hangzhou Tourism Commission (HTC), “Hangzhou has introduced a series of policies to attract high-tech enterprises to settle in Hangzhou. Among these, the ‘Hangzhou Silicon Valley incubator’ has contributed 21 outstanding high-tech enterprises that have settled here.”
This incubator project comes in two forms: a US$50 million cross-border venture-capital guidance fund aimed at exploring the establishment of overseas equity investment enterprises; and the implementation of overseas venture-capital enterprises and seeking out angel investors to invest in the pilot work of Hangzhou-based, non-listed enterprises.
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Esta historia es de la edición February 2018 de Business Traveller India.
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