Hangzhou is increasingly being dubbed China's new Silicon Valley. For entrepreneurs and tech talent alike, the city offers something many technology hubs struggle to balance: the infrastructure to build at speed, and the space to think creatively.
The support is in recognition of the social and community role played by hawkers and market stallholders, says the Ministry of Finance.
Small- and medium-size enterprises with local employees can receive a grant of up to S$2,500.
