Top 10 most innovative cities in the Chinese mainland
Updated: 2014-12-22 07:15
No 4 Hangzhou
Capital of Zhejiang province, Hangzhou is home to China's large private companies such as e-commerce giant Alibaba.com and food and beverage producer Wahaha.
Alibaba made its mark on Wall Street by raising about $25 billion this year through the world's largest IPO.
Employees at the Alibaba.com stand during an exhibition in Shanghai, March 5, 2011. [Photo / IC]