Let More "Six Little Dragons" Unleash Eastern Power

Securities Times reporter Wu Shaolong

Recently, the "Hangzhou Six Little Dragons" have made a splash, from the release of the hit game "Black Myth: Wukong" by Hangzhou YouKe Interactive Technology to the development of large models by AI company DeepSeek; from brain-machine interface research by Strong Brain Technology to focusing on intelligent robot manufacturing by Cloud Deep Technology; and from researching cloud design software systems by Group Kernel Technology. The six tech newcomers have swept the nation and even been referred to as "the mysterious Eastern power".

"Why is it Hangzhou?" "What has Hangzhou done right?" "What can we learn from Hangzhou?"

Chen Feng, the creator of the game "Black Myth: Wukong," once said, "Taking a step forward is more important than reaching the peak." When looking at a city's industrial development, if one only sees the current results and ignores their own functional positioning, advantages, and development stages, it may lead to "overreaching" or "disdain for the old." What's more important is to maintain long-termism and learn how to make progress step by step, resolving the "99% difficulty."

The sudden rise of the "Hangzhou Six Little Dragons" is not accidental but rather the natural result of Hangzhou's long-term accumulation and precise investment in its industries. Among numerous reports, the two major "standout" features of Hangzhou left a deep impression on reporters.

One is that Hangzhou has been building a modern industrial system with foresight. Hangzhou jumped out of the "comfort zone" early and precisely targeted innovation-driven fields when mobile internet dividends began to decline. From the establishment of Jiang Experimental Laboratory in 2017 to the planning of a thousand mu AI industry park in Yuhang District in 2022, Hangzhou has gradually formed a new framework of "algorithmic foundation-algorithm research-scene deployment." The rise of DeepSeek is also thanks to Hangzhou's fertile soil for industries.

Two is that it has built an excellent business environment and persisted in doing what is right. Recently, a chart evaluating Hangzhou's business environment circulated online, highlighting the fact that "from the time you enter the company to applying for subsidies, you haven't eaten a single meal or drunk a single cup of wine; nor have you sent a single cigarette." "When your government assistance is due, it will automatically pay out according to schedule without needing you to ask, plead, or eat out." The 2023 World Bank report on business environment showed that Hangzhou ranked 12th globally in terms of contract execution efficiency, surpassing the ranking of Silicon Valley's location, San Francisco, at 19th. Hangzhou has consistently ranked first nationally in talent retention rate, making it an optimal destination for young entrepreneurs and job seekers.

By finding direction and continually "leveling up," Hangzhou is rising step by step. While the experience of other cities may be valuable, it's essential to recognize that each region has its own unique resources, foundation, and conditions. It's crucial to maintain a sense of locality and avoid blind imitation.

Today, China is experiencing a new wave of technological revolution, sweeping across the vast landscape of time. New fields, new tracks, and new opportunities are emerging one after another. One will not be left out if they don't seize the day. Each city should learn from each other, inspire each other, and borrow from each other's experiences, showcasing their unique charm and beauty together.