Shanghai mapped out its social development goals in the New Year, putting more than 550,000 new jobs and 120 extra parks on the agenda.

Senior homes will get 5,000 new beds while 5,000 local households will be renovated to become more age-friendly, which will make the living environment safer for older residents, according to the government work report delivered by Mayor Gong Zheng at the first session of the 16th Shanghai People’s Congress (SPC), which opened on Wednesday.

Forty community-based canteens for elderly citizens will be built, according to the report.

Construction on the east extension of Metro Line 13 will start this year and construction of the ecological park belt circling the city will be accelerated.

There will be 15 new middle and primary schools and kindergartens in Shanghai.

Xujiahui Sports Park will open to the public in 2023, with the landscape lights in the Xujiahui business circle to be renovated and improved.

In total, 22 residential complexes and 11 roads with weak drainage systems will be renovated.

In addition, 3,000 elevators will be installed in the city’s old residential buildings, the report said.

source:International Business News

Hangzhou Municipal Government and Alibaba Group signed an agreement on deepened strategic cooperation across the board yesterday. The first strategic cooperative agreement between both parties was signed in 2013, which set a precedent for the strategic cooperation between the government and local enterprises. Both parties have cooperated on 166 projects in decade’s cooperation.

The growth of Alibaba has been inseparable from Hangzhou’s inclusion and support. In recent years, Hangzhou has rolled out policies to support the development of local enterprises as it is determined to build China’s No. 1 City of Digital Economy. As an official partner of Hangzhou Asian Games to be held in this September and other international affairs, Alibaba can avail the opportunities to expand its business scope, exploit such businesses as Smart Asian Games and Green Asian Games and enhance its international reputation.

Also, the government relies on Alibaba to expand platform economy and build a digital city. Alibaba is the most representative enterprise of platform economy that has seen rapid development in recent years. Without doubt, Alibaba’s efforts and achievements in reform in face of slack economy as a result of repeated outbreaks of COVID-19 pandemic worldwide offer the valuable experience for the economic development of the government.

Government-enterprise cooperation is mutually beneficial and will make positive contributions to the economic development of Hangzhou.