Live: From 'Paradise on earth' to China's 'Silicon Valley'
September 10, 2019, marks Alibaba's 20th birthday. After 20 years of entrepreneurship, Alibaba with other internet companies has transformed Hangzhou, the capital of east China's Zhejiang Province, into a tech hub. As of February 28, 2019, there were 30 companies valued at more than $1 billion and 138 companies valued at more than $100 million in Hangzhou. And among the enterprises valued at more than $1 billion, 96.7 percent are related to the digital economy.
CGTN's feature program "New China" gives you an in-depth look at China 70 years on. Our crew is on a 12-day journey around China's southwestern, southeastern and northeastern regions. Don't miss it.