Located in a key coastal industrial zone, Zhejiang is China’s 4th largest provincial economy, supported by a vibrant industry sector and a fast-growing service sector. Zhejiang is the home to China's many small and medium sized enterprises (SME) and private companies, including Alibaba. Overall, Zhejiang is expected to grow at a CAGR of around 5.3% between 2013 and 2035, reflecting its relatively mature provincial economy.
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