Business / Hangzhou G20

Videographic: When Hangzhou meets G20

By Liu Zheng ( Updated: 2016-08-31 06:45

Hangzhou, located on the lower reaches of East China's Qiantang River, was an imperial capital during the Song Dynasty, dating back more than 800 years.

The historical transportation hub built in the Yangtze Delta is only 180 kilometers from Shanghai.

It's now recognized as one of the country's top 10 innovative cities, and also the hub of e-commerce.

Enterprises such as world's largest online B2B platform Alibaba Group, Volvo's Chinese owner Geely and China's largest beverage producer -- Hangzhou Wahaha Group, are all based in the city.

Hangzhou is also one of the most economically vibrant cities in China.

Last year, the city's GDP reached more than 1 trillion yuan, ranking fourth among the country's provincial capital cities.

For years, Hangzhou has been recognized by the World Bank as having China's best investment environment. Forbes magazine has consecutively placed Hangzhou on its ranking of Chinese Mainland's "Best Cities for Commerce”.

It has been known as one of the best livable cities and low-carbon cities in China.

It is also the first city in China to run a public bike rental service.

Boasting ample accommodation for conferences and events, Hangzhou has been the host of the China International Cartoon & Animation Festival, the West Lake International Expo, the China Electronic Commerce Expo, and the World Leisure Expo.

The G20 summit will be held in Hangzhou soon. In setting the Hangzhou agenda, China has established "building an innovative, invigorated, interconnected and inclusive world economy" as the main theme.

The government has trained nearly 4,000 volunteers from 14 countries to provide multilingual services for the events.

Hangzhou International Expo Center has been refurnished to be the major venue of the event.

Leaders from G20 members, guest countries and international organizations will attend the summit.

Videographic: When Hangzhou meets G20

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