Hangzhou Dajiangdong Industrial Cluster is one of the 15 provincial-level industrial clusters approved by the government of Zhejiang province in 2010. Adjacent to downtown Hangzhou, the area is located at the inflection point of the Hangzhou Bay “V” shape industrial belt and plays a strategic role in the development of Hangzhou Bay-rim area and the city.

With the registered permanent population of 146,800, the area covers an area of 427 sq km, including 348 sq km of land area and a water area of 79 sq km in Qiantang River. It houses the Jiangdong Industrial Park, Linjiang Industrial Park and Qianjin Industrial Park and governs five sub districts -- Yipeng, Hezhuang, Xinwan, Linjiang and Qianjin.

In 2016, the area had a permanent population of 152,200 and a floating population of 164,800; it generated a regional GDP of 29.64 billion yuan ($4.63 billion), a year-on-year increase of 14.3 percent, ranking first in Hangzhou; the added value of primary, secondary and tertiary industry was 1.385 billion yuan, 24.67 billion yuan and 3.58 billion yuan, a year-on-year increase of 7.3 percent, 14.8 percent and 13.6 percent, respectively; the industrial added value was 23.40 billion yuan, up 16.6 percent; including 22.21 billion yuan from the industrial enterprises above the designated size, up 17.6 percent; the output value of high-tech industries reached 33.82 billion yuan, accounting for 29.7 percent of that of the industrial enterprises above the designated size; the industrial enterprises above the designated size paid 11.41 billion yuan in tax, up 38.6 percent; the profit was 7.29 billion yuan, up 34 percent; the output value of new products reached 6.43 billion yuan, up 33.3 percent.

The total fiscal revenue reached 7.86 billion yuan, including 3.15 billion yuan in general public budget revenue, increasing by 53.4 percent and 60.7 percent. Among 4.58 billion yuan of the general public expenditure, 3.51 billion yuan was invested in education, science and technology, medical and health care to improve local people’s lives.

It completed a fixed asset investment of 27.8 billion yuan, up 8 percent, including 5.33 billion yuan invested in technical reforms for industries, up 10.4 percent.

The annual actual utilization of foreign capital reached $637 million and 6.11 billion yuan of domestic funds were in place, up 7.2 percent and 10.1 percent, respectively.

The investment of Zhejiang merchants amounted to 5.28 billion yuan. The retail sales of consumer goods grew by 15.1 percent year on year to 4.61 billion yuan in 2016. Exports rose by 9.3 percent to stand at $1.16 billion.

The area is home to the automobile industry base, the national new energy high-tech industrialization base, the national new industrialization demonstration base of the equipment manufacturing, the high-tech industrial base of the biological industry, the provincial demonstration base for civil-military integration, as well as many specialized industrial parks.

It has formed an industry system featuring new transport equipment, high-end equipment manufacturing, new energy and modern logistics services.