Zhou Jiangyong, member of the Standing Committee of the Zhejiang Provincial Party Committee and secretary of the Hangzhou Municipal Committee of the Communist Party of China, said at the Qiantangjiang Forum in 2019 that in 2018, the city's total GDP reached 1.35 trillion yuan, ranking 10th in the country's large and medium-sized cities, and the ratio of the digital economy to the GDP. More than a quarter has contributed more than 50% to economic growth. The net inflow rate of talents, the net inflow rate of Internet talents, and the net inflow rate of overseas talents ranked first in the country for many years. Adhering to technology empowerment and digital driving, Hangzhou Financial Technology has obvious first-mover advantages and high-end talent resources. Major innovations in the areas of blockchain, big data center, and smart investment have emerged, and the number of head enterprises in the blockchain ranks third in the country.