Zhejiang

Zhejiang
Hangzhou
Ningbo
Shaoxing
Wenzhou
Jiaxing
Huzhou
Jinhua
Quzhuo
Taizhuo
Zhoushan
Zhejiang Province
The Hub of Private Enterprises
Located in eastern China, Zhejiang is recognized for its diverse industrial base and its concentration of small- to medium-sized enterprises (SMEs). The province is celebrated for its innovation and strong entrepreneurial spirit. Hangzhou’s modern skyline stands at the center of Zhejiang’s economic activity.
Key Industries
Textiles
Zhejiang is a major producer of textiles, including silk and synthetic fibers. With a rich history in textile manufacturing, the province remains a significant force in the global market.
Light Industry
Zhejiang’s light industry is broad, producing a variety of consumer goods, electronics, and household products.
Why It Is Important
International giants like Alibaba are headquartered in Zhejiang, underscoring the province’s vibrant private sector and flourishing digital economy.

Private enterprises dominate local manufacturing, fostering a climate of creativity and competition.
Economic Impact
SMEs in Zhejiang play a vital role in driving the province’s economy, spurring innovation and generating employment opportunities. Learn more about Zhejiang’s economic profile.
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