Why China's Hangzhou has become a hotbed for billion-dollar tech startups
- Posted on December 26, 2025
- By CNBC
- 1 Views
Why China's Hangzhou has become a hotbed for billion-dollar tech startups
A city once known mainly for Alibaba is now shaping China’s next wave of challengers – from AI and robotics to gaming, spatial computing and neurotech – collectively known as the Six Little Dragons. But is this enough to turn Hangzhou into China’s next tech powerhouse?
