The capital of China's Zhejiang province, Hangzhou sits at the head of Hangzhou Bay and is the southern terminus of the ancient Grand Canal waterway that originates in Beijing. Known for its UNESCO World Heritage site, West Lake, the city is considered a "World City" and ranked first among "Chinese Cities of Opportunity". With over 21.102 million people in its metropolitan area, it's the 4th largest city in China, so you may have to give up your personal space when trying to navigate its streets to get to a coworking venue. Hangzhou will be hosting the 2022 Asian Games and is considered to be an emerging technology hub as it's home to the e-commerce giant "Alibaba". It's an important manufacturing base and logistics hub for the coastal region of China.
China's tech scene is going global with its homegrown companies expanding abroad. The world's 2nd biggest market (soon to be the world's largest) has seen its tech growth evolve over recent years. China actually sends about 350,000 students to America every year and these savvy and hungry youth return to China overflowing with optimism and innovative ideas. It has been said that if you can make it out of the gauntlet of China as an entrepreneur, then you are definitely battle-tested. China has the edge in the tech race with access to vast amounts of data. Technology is being used on a daily basis by its more than 1.4 billion people (a fifth of the world's population) giving China a scale that is not seen in Europe or the United States and the perfect breeding ground for launching new A1 projects. The combination of advanced technology and government backing is allowing the country to harness the power of its huge population that has less inhibitions in sharing personal data.
China is developing cutting-edge fintech and artificial intelligence with a morphing tech landscape that is today boasting to be home to some of the world's biggest tech companies. Coworking venues have become the pseudo homes to many intrepid souls where they can mingle and collaborate with likeminded folk before dashing out the door to indulge in some of Hangzhou's iconic green tea "Longjing".
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