Hangzhou is the capital and most populous city of Zhejiang Province in east China. It sits at the head of Hangzhou Bay, which separates Shanghai and Ningbo. Hangzhou grew to prominence as the southern terminus of the Grand Canal and has been one of the most renowned and prosperous cities in China for much of the last millennium. Hangzhou is classified as a sub-provincial city and forms the core of the Hangzhou metropolitan area, the fourth-largest in China. During the 2010 Chinese census, the metropolitan area held 21.102 million people over an area of 34,585 km2 (13,353 sq mi), while resident population in Hangzhou was 9,018 million (2015).
Hangzhou is the upcoming Tier 1 city in China, and it is also the city of choice for a lot of companies to locate their headquarters. Hangzhou, like Shangai, is divided in two parts by the river Qiantang. The old town is located north of the river, and the new town is located south of the river.
Hangzhou's economy has rapidly developed since its opening up in 1992. It is an industrial city with many diverse sectors such as light industry, agriculture, and textiles. It is considered an important manufacturing base and logistics hub for coastal China. The city has developed many new industries, including medicine, information technology, heavy equipment, automotive components, household electrical appliances, electronics, telecommunication, fine chemicals, chemical fibre and food processing.