What are the main sectors of Hangzhou's economy?

In 2018, the annual gross regional product was 135.9 billion yuan, an increase of 6.7% over the previous year. Among them, the added value of the primary industry was 30.6 billion yuan, the added value of the secondary industry was 457.2 billion yuan, and the added value of the tertiary industry was 863.2 billion yuan, with an increase of 1.8%, 5.8% and 7.5% respectively.

The structure of the three industries was adjusted from 2.5:34.6:62.9 of the previous year to 2.3:33.8:63.9. The per capita GDP for the year was 140,180 yuan (21,184 U.S. dollars at the average annual exchange rate)? .

Hangzhou has a history of more than 2,200 years since the Qin Dynasty when the county was set up, and was once the capital of the Wu-Yue State and the Southern Song Dynasty. The city is known as "Paradise on Earth" because of its beautiful scenery. Thanks to the convenience of the Beijing-Hangzhou Canal and trading ports, as well as its own well-developed silk and grain industries, Hangzhou has historically been an important commercial distribution center.

Later, relying on the opening of the Shanghai-Hangzhou Railway and other railroad lines and Shanghai's drive in import and export trade, light industry developed rapidly. Since the new century, the Internet economy has become a new economic growth point for Hangzhou, driven by high-tech companies such as Alibaba.

Baidu Encyclopedia-Hangzhou