Hangzhou, known as China’s “Silicon Valley,” is a thriving center for tech startups, home to notable companies like Alibaba and DeepSeek, an AI firm gaining global attention. Entrepreneurs in Hangzhou express optimism about their potential to compete internationally, backed by a favorable environment, supportive local government, and a large pool of educated talent. While the city’s tech advancements are celebrated domestically, they are perceived as a threat in the U.S., prompting increased trade tensions and restrictions from American leaders.
