Hangzhou and Alibaba signed a comprehensive deepening strategic cooperation agreement, which will cooperate in the ecological construction of smart things industry.

Thank you, Mr. Air, a netizen of CTOnews.com, for your clue delivery! CTOnews.com, January 10, according to Zhejiang News, the signing of a comprehensive deepening strategic cooperation agreement between the Hangzhou Municipal people's Government and Alibaba Group was held today.

Zhang Yong, chairman and CEO of Alibaba Group, said that Ali will actively fulfill its social responsibility and take the construction of Hangzhou Digital City as an opportunity to deeply implement the three major strategies of cloud computing, consumption and globalization to help create jobs and participate in international competition. Resonate with Hangzhou in the same frequency and deepen cooperation with Hangzhou in increasing investment in scientific research, building the industrial ecology of smart things, supporting the development of the digital economy new business type, promoting common prosperity, and hosting the Asian Games, and continue to contribute to the economic and social development of Hangzhou.

CTOnews.com learned that Alibaba is a Fortune 500 company growing up in Hangzhou. In 2013, Hangzhou signed a strategic cooperation agreement with Alibaba Group, opening a deep cooperation between a city and an enterprise.