East China’s Zhejiang Province, where e-commerce giant Alibaba resides, plans to invest over RMB120 billion (US$17.5 billion) to accelerate the tech industry and scientific innovation in the coming five years, according to an announcement from the authority. The provincial government will contribute half of the total investment, and the remaining part will be allocated by […]

East China’s Zhejiang Province To Invest Over $17B To Boost Tech Sector appeared first on China Money Network.