Hangzhou Investment Promotion Bureau: Meet Hangzhou’s New Eight Steeds that will define the next decade

Hangzhou has identified its 'New Eight Steeds,' a group of eight startups focused on deep-tech sectors like embodied AI, chip manufacturing, and biomanufacturing. These companies are intended to drive the city's industrial evolution over the next decade.
Why it matters
Identifying key regional startups provides insight into China's strategic focus on industrial 'hard-tech' and self-reliance.
HANGZHOU, China, June 2, 2026 /PRNewswire/ -- You’ve probably heard the story of Hangzhou’s “Six Little Dragons.” But what about the city’s “New Eight Steeds”?
The article reports on regional economic development initiatives using provided promotional terminology.
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