Logo 15 Jul 2026

Hangzhou plans platform economy’s AI transition

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What happened: On June 24, the Hangzhou government released a five-year plan for the platform economy.

Shocker: The plan is heavily centered on the AI transition.

ICYDK: Hangzhou is China's platform capital, home to Alibaba, Ant, and DeepSeek, with 491 platform firms turning over RMB 1.24 trillion...