Yuhang, Hangzhou Govt, BABA Nail Strategic Deal
On the occasion of the 10th anniversary of $BABA-SW(09988.HK$ settling in Yuhang District, Hangzhou, Yuhang government nailed an all-rounded strategic partnership agreement with BABA.
At the signing ceremony, BABA Chairman and CEO Daniel Zhang remarked that the company will always take root in Hangzhou and Mainland China in the next decade, while amplifying investment in scientific research.
The tech giant will also build itself into a Chinese enterprise with international competitiveness, and will make an unrivalled contribution to BABA's ecology.
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Btan : When the govt is working with baba, you know the latter is favored
KuriesOP Btan:
