On July 19, the People's Government of Yuhang District, Hangzhou City and Alibaba (China) Co., Ltd. signed the "Memorandum of Deepening Cooperation". The two sides will cooperate in depth in the top ten areas, innovate and develop, and win-win results.
With the opening of Alibaba's Xixi Park in 2013 and the rapid development of businesses in Taobao, Tmall and other sectors, Alibaba has established a long-term, stable and comprehensive strategic partnership with Yuhang.

According to the latest signed "Memorandum of Deepening Cooperation", the two parties will further strengthen cooperation in the "Nanhu Innovation Town", the "Five New" center of the School of Science and Technology of the University of Science and Technology, the Cainiao Network Headquarters and Smart Industrial Park Project, the China Intelligent Backbone Network (Hangzhou) Project, the Yuhang IoT Smart City Open Platform Project, the Urban Data Brain Project, the construction of the artificial intelligence town in Yuhang, the Hupan University Project, the construction of the future science and technology city commercial supporting construction, and the cooperation of high-level forums and summit activities.