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Hangzhou
The latest news, analysis and opinion on Hangzhou. In-depth analysis, industry insights and expert opinion.
Head of Government
Party Secretary of Hangzhou Liu Jie
last updated:
25 September, 2024
Wang Chin-lin (left) and Lee Yang show off their badminton gold medals at the Paris Olympic Games. Photo: Reuters
Badminton World Federation (BWF)

Chinese Taipei badminton doubles pair under fire for pro-independence support

Lee Yang and Wang Chi-lin were the targets of ‘China, Taiwan’ chants from fans at the Hangzhou Olympic Sports Expo Centre.

Badminton World Federation (BWF)

China fans hammer world No 2 Antonsen after Dane’s controversial win over Li

Chanel

Chanel’s Hangzhou show celebrates Chinese culture and Coco Chanel’s passion

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Alibaba

Alibaba’s DingTalk sees Hong Kong as pathway to expansion of collaboration app

City is expected to provide a solid foundation for the workplace app’s international business development strategy.

DingTalk has developed a viable commercial model in the business-to-business services market. Photo: Shutterstock
Alibaba

Jack Ma returns to Alibaba campus in sign of support

The founder’s visit is his first known trip to his hometown since March 2023.

Badminton World Federation (BWF)

Chinese Olympic gold medallist Zheng in retirement shock, seeks life off court

Zheng Siwei won mixed doubles badminton title in Paris this summer and says fans expected him to continue to LA Games in 2028 and beyond.

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Science

China’s hypergravity marvel to ‘compress’ time and space

Revolutionary research tool will dial up gravity to mimic natural events and help to tap future energy reserves, solve engineering puzzles.

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The Centrifugal Hypergravity and Interdisciplinary Experiment Facility (CHIEF), located in Hangzhou, Zhejiang province, is expected to help scientists solve a vast array of engineering challenges. Photo: ifeng
Artificial intelligence

The fight for AI talent heats up in China

The scarcity of AI talent has set off a recruitment battle, with companies offering above-average pay to woo the right candidate.

China property

China property: stabilisation effort gains pace in Hangzhou, Chengdu

Zhejiang province’s capital lifts price restrictions for homes built on newly acquired land and cuts initial payments for new and used homes.

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Artificial intelligence

China’s AI start-ups eye fresh opportunities after OpenAI previews latest LLM

The ChatGPT creator’s new OpenAI o1 LLM is designed ‘to reason through complex tasks and solve harder problems than previous models’.

OpenAI o1 was previewed earlier this month by the ChatGPT creator. Photo: Shutterstock
Electric & new energy vehicles

Geely piles pressure on Tesla as China’s EV discount war intensifies

Geely Auto’s Zeekr Intelligent Technology unit priced the 7X at 229,900 yuan as deliveries began on Friday.

Zeekr’s display at a shopping mall in Beijing on November 3, 2023. Photo: Reuters.
ATP

Hong Kong’s Wong takes Nakashima to brink before exiting Hangzhou Open

Hongkonger wins first set and has two match points before world No 39 American pulls away to win the deciding set.

ATP

Hong Kong’s Wong through to Hangzhou Open 2nd round after China’s Wu retires hurt

In what had been billed as their Asian Games rematch, Wong won the first set 6-3 before Wu cried off with what looked like a low-back injury.

ATP

Hong Kong’s Wong, China’s Wu in Asian Games rematch at ATP Tour event in Hangzhou

The pair played out a memorable match last year in the Zhejiang capital, in what was arguably the biggest victory of Wong’s career so far.

Coleman Wong of Hong Kong saved five match points on his way to defeating China’s Wu Yibing in the third round of the Asian Games singles in Hangzhou last year. Photo: Dickson Lee
Jack Ma

Jack Ma calls on Alibaba to remain steadfast, ‘believe in the future’

To mark the 25th anniversary of Alibaba’s founding, Ma called on all employees to overcome competitive pressure, despite various challenges.

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Alibaba Group Holding founder Jack Ma says the company is made of “an idealistic spirit”. Photo: Handout
Ant Group

Ant Group to hold new round of dividend payments to shareholders

This would mark the third round of dividend payments by Ant Group, following two previous rounds in December and March 2022.

US-China tech war

China’s chip industry becomes key breeding ground for unicorns

As start-up funding dwindles, investments are concentrated in a few unicorns, such as those in the integrated circuit sector.

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Hong Kong property

SHKP gears up for rate cuts with slew of Hong Kong property projects

Hong Kong’s largest developer by market cap posted a 20 per cent drop in net profit to HK$19.04 billion (US$2.44 billion) for the year ended June.

Sun Hung Kai Properties is gearing up to launch a number of projects in Hong Kong and the mainland. Photo: Roy Issa
E-commerce

Shanghai bets on live-streaming economy to boost consumption

Under a three-year plan, the local sector should generate nearly US$85 billion in online sales by 2026.

Electric & new energy vehicles

In China, hybrid cars beat EVs in popularity on range anxiety, costs

Hybrid cars are cheaper and more efficient, reasons why Chinese consumers are favouring them over pure electric cars. Range anxiety and cost issues are deemed challenging for young drivers.

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Alibaba

Goodbye slow boat to China: Alibaba logistics arm launches next-day delivery

Through a new route from the Hong Kong airport to Zhuhai, online purchases can reach buyers in Shanghai, Zhejiang and Jiangsu as fast as one day.

A Cainiao Post station in Jiangmen, Guangdong province, seen on February 14, 2024. Photo: Simon Song
Artificial intelligence

China’s ambitions in humanoid robots in full display at expo

Chinese robot manufacturers are hoping to repeat the country’s global success in smartphones and electric vehicles

Hangzhou-based Deep Robotics debuts its bipedal humanoid robot Dr.01 at the World Robotics Conference, taking place from August 21 to 25 in Beijing. Photo: Handout
Alibaba

Alibaba gains as it swaps Hong Kong listing status to tap China funds

Alibaba, one of China’s largest technology behemoths with HK$1.58 trillion (US$202.7 billion) in value, would be very likely to make the cut, clearing the way for mainland investors to take their first bite on September 9.

Banking & finance

Guosen plans to buy Vanho, heeding China’s call to combine brokers

Shenzhen’s regulator of state-owned assets pushes move under Beijing’s effort to create bigger firms to compete with global leaders.

China property

Speed of China’s US$42 billion plan to buy up unsold homes ‘disappointing’

Only about five cities have made purchases so far, according to a China Real Estate Information Corporation (CRIC) report.

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Residential buildings in Chengdu, China, pictured on August 19, 2024. Photo: Bloomberg
Semiconductors

China chip design expert warns of losses due to industry overcrowding

President of integrated circuit design at the China Semiconductor Industry Association says that large swathes of the domestic chip industry would end up in the red this year.

China chip design expert warns of losses due to industry overcrowding. Photo: Reuters
Artificial intelligence

China’s AI talent in short supply amid surging demand triggered by ChatGPT race

For every five new jobs in artificial intelligence in China, there are only two qualified workers available, a sign of the serious shortage of talent in the hot sector, according to a new report.

Asian Games 2023

Medals, venues, events: a visual guide to Asian Games 2023 in China

China's eastern city of Hangzhou will host the largest Asian Games ever from September 2 until October 8, 2023.  During 15 days of competition, nearly 12,000 athletes from 45 nations and territories will compete for 481 gold medals.

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