Hangzhou, also romanized as Hangchow, is the capital and most populous city of Zhejiang, People's Republic of 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 China's most renowned and prosperous cities for much of the last millennium. Its West Lake, a UNESCO World Heritage site immediately west of the city, is among its best-known attractions. A study conducted by PwC and China Development Research Foundation ranked Hangzhou first among "Chinese Cities of Opportunity".
Hangzhou is rated Beta by the Globalization and World Cities Research Network (GaWC) which evaluates and ranks the relationships between world cities in the context of globalisation. Beta level cities are cities that link moderate economic regions to the world economy.
Hangzhou is the #109 city in the world according to the Global Financial Centres Index (GFCI) which evaluates and ranks the competitiveness of the major financial centres of the world according to a wide range of criteria – Human Capital, Business, Finance, Infrastructure and Reputation.
Hangzhou has a population of over 3,560,391 people. Hangzhou also forms part of the wider Hangzhou metropolitan area which has a population of over 21,102,000 people.
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