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

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"?

In May 2026, the "Fortunate Meeting Hangzhou • Dialogue with the Future" Investment Promotion Conference and High-Quality Development Conference on Innovation & Entrepreneurship Investment was held in Hangzhou. During a roundtable dialogue, eight cutting-edge tech startups gathered to discuss the monumental technological shifts expected over the next ten years. Dubbed the "New Eight Steeds" by local media, these companies are becoming a key window into the city's hard-tech evolution.

If the earlier "Six Little Dragons" seized the first wave of AI development and established Hangzhou's confidence in tech innovation, the "New Eight Steeds" aim higher. They focus on frontier tracks such as smart glasses, chip manufacturing, space-based computing, embodied AI, and biomanufacturing – positioning themselves to lead the future.

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