THE CODER ‘VILLAGE' AT THE HEART OF CHINA'S A.I. FRENZY

Summary from the TLDR newsletter

Liangzhu, a suburb in the southern Chinese city of Hangzhou, is a hot spot for entrepreneurs and tech talent. Lured by the low rents and proximity to tech companies like Alibaba and DeepSeek, people flock to the city to explore their own possibilities. The provincial and local governments started offering subsidies and tax breaks to new companies in the region a decade ago, which helped to incubate hundreds of startups. The region has already birthed tech powerhouses like Alibaba, DeepSeek, NetEase, and Hikvision.