"Hangzhou authorities continue to support emerging businesses with subsidies for advanced industries, cultural export promotion, and platform oversight."

"Hangzhou is harnessingits intangible strengthsto drive tech innovationand economic growth,reinforcing its positionas a leader in bothChina’s and the globalsci-tech innovationlandscape."

"Despite challenges, Hangzhou’s focus on cross-border live streaming, e-commerce, and platform companies, along with the development of a global payment centre and exploration of MICE industry opportunities, plays to its strengths and is expected to drive demand both directly and indirectly through related industries."

"Amidst market adjustments, proactive strategies from both landlords and tenants are shaping the future of the office sector. While some tenants leverage early lease negotiations to secure better terms, others lock in quality space well in advance."

"Given the increased options for tenants, landlords of existing projects must focus on amenities and services to differentiate themselves, including proactive tenant engagement and greater responsiveness to client needs."