Xinhua News Agency, May 17, Hangzhou Municipal people's Government signed a comprehensive deepening strategic cooperation agreement with Ant Group on the afternoon of 16 May. Ant Group will take root in the development of Hangzhou and continue to increase investment in research and development, especially accelerate the active layout around artificial intelligence and data element technology, and build strong competitiveness in the fields of database, block chain, privacy computing, artificial intelligence, and so on. make every effort to explore applications to promote development. Accelerate the construction of global headquarters, give full play to the function of ecological agglomeration, and attract young talents and top talents from all over the world to start and innovate in Hangzhou. Use science and technology to promote inclusive and cooperation, create an open platform for digital operation of the service industry, and jointly build a secure, credible and shared industrial digital cooperation network, so as to promote the development of industrial digitization in Hangzhou. At the same time, continue to use technology to support Hangzhou to further promote the construction of the city of mobile payment, the city of financial technology and the city of digital governance, so that people who live and start businesses here can enjoy the convenience, security and warmth brought by digital technology.