How Hangzhou’s tech ecosystem nurtures dragons and rockets

South China Morning PostCenter-RightEN 2 min read 100% complete by Ni TaoJanuary 27, 2026 at 09:30 AM

AI Summary

short article 2 min

Hangzhou is strategically developing its high-tech industries, exemplified by Space Epoch's new rocket facility in Qiantang, established in January 2026. This location benefits from Hangzhou's growing aerospace ecosystem of around 40 companies and facilitates sea transport of rockets. This initiative is part of Hangzhou's "296X" industrial cluster system, launched in October, which aims to integrate technological and industrial innovation. The plan focuses on AI, established sectors like integrated circuits, and emerging fields like aerospace, with a target of 530 billion yuan in added value by 2027. This strategy aims to rebalance Hangzhou's economy by strengthening advanced manufacturing, which is a response to the city's over-reliance on the service sector.

Key Entities & Roles

Key Player Opposition Context

East China Sea 50% Qiantang ×260% China 70% 296X ×270% Space Epoch ×280% Hangzhou ×790%

Keywords

hangzhou 90% aerospace 90% tech ecosystem 80% industrial cluster 70% advanced manufacturing 70% 296x strategy 70% rocket 60% artificial intelligence 50% digitalisation 40% low-altitude economy 40%

Sentiment Analysis

Positive

Score: 0.40

Source Transparency

Source

South China Morning Post

Political Lean

Center-Right (0.50)

Far LeftCenterFar Right

Classification Confidence

90%

Geographic Perspective

Hangzhou

This article was automatically classified using rule-based analysis. The political bias score ranges from -1 (far left) to +1 (far right).

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hangzhou aerospace tech ecosystem industrial cluster advanced manufacturing 296x strategy rocket artificial intelligence digitalisation low-altitude economy

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