Information Industry

Hangzhou was efforted to build the software city, the Chinese e-commerce capital and the Internet economic powerhouses. In 2011, the added value of software and information services in Hangzhou achieved 34.272 billion yuan, up by  16.3 percent. The added value of E-cornmerce was 12.679 billion yuan, increased by 47.2%, the scale continues to rank rirst in the province. The business income of e-commerce enterprises was doubled, in which Taobao. Alipay, NetEase are the representative enterprises. Hangzhou held the Chinese net goods trade fair, the Chinese network operators, China Hangzhou Things Industry Development Summit Forum, the Fifth China Hangzhou Electronic Information Exposition, nurturing to promote the new economic development which take Intemet of Things as the core.

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