Hangzhou’s Vision for a Future Industrial Development System

02/28/2023 10:50 • Metaverse Matters • 138 views

On February 28, Hangzhou recently released the 2023 government work report. The report points out that we should actively build a future industrial development system, accelerate the development of strategic emerging industries such as visual intelligence, cloud computing big data, high-end software, artificial intelligence, network communications, integrated circuits and other integrated clusters, and proactively layout emerging digital industrial clusters such as metauniverse, aerospace information, bionic robots, future medical care, flexible electronics and strive to create a national visual intelligence manufacturing innovation center. Deeply promote industrial digital empowerment, accelerate the digital transformation of traditional industries and small and medium-sized enterprises, create 2 provincial future factories, and cultivate 5 municipal chain main factories, 20 intelligent factories, and 50 digital workshops.

Hangzhou 2023 Government Work Report: Prospective layout of emerging digital industry clusters such as YuanUniverse

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The government work report released on February 28 by Hangzhou emphasizes the need to create a future industrial development system by accelerating the growth of strategic emerging industries like visual intelligence, cloud computing, big data, high-end software, artificial intelligence, network communications, and integrated circuits. The report also suggests building digital industrial clusters such as metauniverse, aerospace information, bionic robots, future medical care, flexible electronics, and creating a national visual intelligence manufacturing innovation center. Moreover, the report emphasizes the need for deep digital empowerment of traditional industries and small and medium-sized enterprises, promoting their digital transformation by creating 2 provincial future factories, 5 municipal chain main factories, 20 intelligent factories, and 50 digital workshops.

The report highlights Hangzhou’s commitment to developing intelligent technologies and expanding innovative industries. Creating a national visual intelligence manufacturing innovation center suggests that the city is looking to be a significant player in the market for visual intelligence products. This center would provide an ecosystem for businesses to collaborate on developing cutting-edge visual intelligence technologies and products that can benefit various industries.

The emphasis on promoting digital empowerment in traditional industries and small and medium-sized enterprises is significant. It indicates the recognition of the importance of keeping up with digital transformation to ensure that these sectors remain competitive in the rapidly evolving business landscape. The creation of factories and workshops dedicated to digital transformation would facilitate the adoption of technology and help traditional industries upgrade their operations to keep pace with digitization.

Hangzhou’s vision for a future industrial development system indicates the city’s continued commitment to technology, innovation, and economic growth. The report signals Hangzhou’s interest in leading the next wave of technological transformations and development in China. By investing in emerging technologies and creating digital empowerment opportunities for traditional industries, the city is positioning itself as a significant player in the digital economy.

In summary, Hangzhou’s 2023 government work report’s emphasis on emerging industries, digital innovation, and digital transformation showcases the city’s commitment to developing cutting-edge technology and fostering a competitive business environment. The report’s vision for a future industrial development system highlights the creation of an innovative ecosystem centered on visual intelligence, technology transfer, and digital transformation. Overall, this report signals Hangzhou’s continued investment in the digital economy, and its willingness to lead the way in technology and innovation.

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