Top 10 most innovative cities in the Chinese mainland

Updated: 2014-12-22 07:15

(chinadaily.com.cn)

No 4 Hangzhou

Capital of Zhejiang province, Hangzhou is home to China's large private companies such as e-commerce giant Alibaba.com and food and beverage producer Wahaha.

Alibaba made its mark on Wall Street by raising about $25 billion this year through the world's largest IPO.

Employees at the Alibaba.com stand during an exhibition in Shanghai, March 5, 2011. [Photo / IC]